Analog Devices, Inc. (ADI) balance sheet
NASDAQ · Technology · Semiconductors · 24,500 employees · CEO Vincent T. Roche
- Price
- $417.11 -3.73%
- Market cap
- $202B
- Enterprise value
- $209B
- Last report
- Q3 '26 filed 2026-08-19
- Next report
- 2026-11-24 EPS est. $3.89
At the end of Q3 '26 Analog Devices, Inc. (ADI) held $2.32B in cash and short-term investments against $9.12B of debt incl. leases. Total assets $48.4B, total liabilities $14.9B, shareholders' equity $33.6B.
Balance sheet
| Balance sheet | Trend | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||||||
| Cash & equivalents | $958M | $1.3B | $1.94B | $2.11B | $1.99B | $2.35B | $2.38B | $2.32B | $2.5B | $2.91B | $2.44B | $2.17B | |
| Short-term investments | $0 | $0 | $424M | $440M | $372M | $371M | $0 | $1.15B | $1.15B | $1.14B | $1B | $159M | |
| Receivables | $1.47B | $1.2B | $1B | $1.13B | $1.34B | $1.19B | $1.38B | $1.55B | $1.44B | $1.36B | $2.05B | $2.39B | |
| Inventory | $1.64B | $1.55B | $1.48B | $1.43B | $1.45B | $1.47B | $1.52B | $1.6B | $1.66B | $1.77B | $1.85B | $1.93B | |
| Other current assets | $314M | $362M | $346M | $342M | $337M | $345M | $305M | $305M | $363M | $426M | $470M | $427M | |
| Current assets | $4.38B | $4.42B | $5.19B | $5.44B | $5.48B | $5.73B | $5.59B | $6.92B | $7.11B | $7.6B | $7.81B | $7.07B | |
| Property, plant & equipment (net) | $3.22B | $3.28B | $3.42B | $3.4B | $3.42B | $3.36B | $3.34B | $3.3B | $3.32B | $3.25B | $3.29B | $3.35B | |
| Goodwill | $26.9B | $26.9B | $26.9B | $26.9B | $26.9B | $26.9B | $26.9B | $26.9B | $26.9B | $26.9B | $27B | $28B | |
| Intangible assets | $11.3B | $10.9B | $10.4B | $10B | $9.59B | $9.18B | $8.79B | $8.4B | $8.01B | $7.63B | $7.26B | $7.47B | |
| Deferred tax assets | $2.22B | $2.17B | $2.15B | $2.11B | $2.08B | $2.03B | $1.99B | $1.93B | $1.87B | $1.76B | $1.73B | $1.69B | |
| Other non-current assets | $743M | $734M | $762M | $767M | $749M | $718M | $702M | $696M | $743M | $806M | $889M | $853M | |
| Non-current assets | $44.4B | $44B | $43.7B | $43.2B | $42.7B | $42.2B | $41.8B | $41.3B | $40.9B | $40.4B | $40.1B | $41.4B | |
| Total assets | $48.8B | $48.4B | $48.9B | $48.6B | $48.2B | $48B | $47.3B | $48.2B | $48B | $48B | $47.9B | $48.4B | |
| Liabilities | |||||||||||||
| Accounts payable | $493M | $398M | $423M | $425M | $487M | $369M | $429M | $491M | $544M | $549M | $599M | $682M | |
| Accrued expenses | $862M | $1.07B | $1.07B | $957M | $758M | $1.17B | $1.35B | $1.46B | $1.07B | $1.58B | $2.08B | $0 | |
| Short-term debt | $1.05B | $1.04B | $1.45B | $1.45B | $947M | $948M | $549M | $549M | $447M | $1.44B | $1.45B | $2.35B | |
| Taxes payable | $346M | $410M | $361M | $398M | $471M | $487M | $359M | $475M | $610M | $756M | $326M | $462M | |
| Other current liabilities | $390M | $0 | $0 | $0 | $257M | $0 | $0 | $0 | $468M | $0 | $0 | $2.16B | |
| Current liabilities | $3.2B | $2.92B | $3.3B | $3.23B | $2.99B | $2.97B | $2.69B | $2.98B | $3.25B | $4.33B | $4.46B | $5.66B | |
| Long-term debt | $5.9B | $5.95B | $6.61B | $6.66B | $6.63B | $6.62B | $6.65B | $8.14B | $8.15B | $7.24B | $7.24B | $6.77B | |
| Deferred tax liabilities | $3.13B | $2.98B | $2.89B | $2.74B | $2.62B | $2.51B | $2.38B | $2.37B | $2.16B | $2B | $1.91B | $1.84B | |
| Other non-current liabilities | $998M | $995M | $816M | $803M | $805M | $793M | $615M | $616M | $623M | $637M | $609M | $608M | |
| Non-current liabilities | $10B | $9.92B | $10.3B | $10.2B | $10.1B | $9.93B | $9.64B | $11.1B | $10.9B | $9.87B | $9.75B | $9.22B | |
| Total liabilities | $13.2B | $12.8B | $13.6B | $13.4B | $13.1B | $12.9B | $12.3B | $14.1B | $14.2B | $14.2B | $14.2B | $14.9B | |
| Equity | |||||||||||||
| Common stock & paid-in capital | $82.7M | $82.7M | $82.7M | $82.8M | $82.7M | $82.7M | $82.7M | $82M | $81.6M | $81.4M | $81.2M | $80.8M | |
| Retained earnings | $10.4B | $10.4B | $10.2B | $10.2B | $10.2B | $10.1B | $10.2B | $10.2B | $10.5B | $10.9B | $11.5B | $12.3B | |
| Accumulated other comprehensive income | -$188M | -$181M | -$181M | -$170M | -$185M | -$185M | -$168M | -$173M | -$155M | -$148M | -$152M | -$149M | |
| Shareholders' equity | $35.6B | $35.5B | $35.2B | $35.2B | $35.2B | $35.1B | $35B | $34.1B | $33.8B | $33.8B | $33.7B | $33.6B | |
| Debt | |||||||||||||
| Total debt (incl. leases) | $7.01B | $6.99B | $8.06B | $8.1B | $7.65B | $7.57B | $7.2B | $8.69B | $8.66B | $8.68B | $8.68B | $9.12B | |
| Net debt (debt - cash) | $6.06B | $5.69B | $6.12B | $6B | $5.66B | $5.22B | $4.82B | $6.37B | $6.17B | $5.78B | $6.25B | $6.96B | |
| Balance sheet | Trend | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||||
| Cash & equivalents | $921M | $1.05B | $817M | $648M | $1.06B | $1.98B | $1.47B | $958M | $1.99B | $2.5B | |
| Short-term investments | $3.13B | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $372M | $1.15B | |
| Receivables | $478M | $689M | $640M | $635M | $738M | $1.46B | $1.8B | $1.47B | $1.34B | $1.44B | |
| Inventory | $377M | $551M | $587M | $610M | $608M | $1.2B | $1.4B | $1.64B | $1.45B | $1.66B | |
| Other current assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $314M | $337M | $363M | |
| Current assets | $4.97B | $2.35B | $2.11B | $1.99B | $2.52B | $5.38B | $4.94B | $4.38B | $5.48B | $7.11B | |
| Property, plant & equipment (net) | $636M | $1.11B | $1.15B | $1.22B | $1.12B | $1.98B | $2.4B | $3.22B | $3.42B | $3.32B | |
| Long-term investments | $21.9M | $24.8M | $28.7M | $77.3M | $86.7M | $128M | $122M | $0 | $0 | $0 | |
| Goodwill | $1.68B | $12.2B | $12.3B | $12.3B | $12.3B | $26.9B | $26.9B | $26.9B | $26.9B | $26.9B | |
| Intangible assets | $549M | $5.32B | $4.78B | $4.22B | $3.65B | $15.3B | $13.3B | $11.3B | $9.59B | $8.01B | |
| Deferred tax assets | $36M | $32.3M | $21.1M | $1.58B | $1.5B | $2.27B | $2.26B | $2.22B | $2.08B | $1.87B | |
| Other non-current assets | $72.9M | $88.6M | $103M | $53.7M | $312M | $384M | $397M | $743M | $749M | $743M | |
| Non-current assets | $3B | $18.8B | $18.3B | $19.4B | $19B | $46.9B | $45.4B | $44.4B | $42.7B | $40.9B | |
| Total assets | $7.97B | $21.1B | $20.4B | $21.4B | $21.5B | $52.3B | $50.3B | $48.8B | $48.2B | $48B | |
| Liabilities | |||||||||||
| Accounts payable | $171M | $237M | $261M | $225M | $227M | $443M | $582M | $493M | $487M | $544M | |
| Accrued expenses | $144M | $228M | $375M | $489M | $497M | $1.01B | $1.05B | $862M | $758M | $1.07B | |
| Short-term debt | $0 | $300M | $67M | $300M | $0 | $517M | $0 | $1.05B | $947M | $447M | |
| Taxes payable | $4.1M | $86.9M | $93.7M | $188M | $182M | $333M | $289M | $346M | $471M | $0 | |
| Deferred revenue | $352M | $474M | $487M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Other current liabilities | $112M | $271M | -$232M | $307M | $418M | $382M | $466M | $390M | $257M | $468M | |
| Current liabilities | $783M | $1.6B | $1.05B | $1.51B | $1.36B | $2.77B | $2.44B | $3.2B | $2.99B | $3.25B | |
| Long-term debt | $1.73B | $7.55B | $6.27B | $5.19B | $5.15B | $6.25B | $6.55B | $5.9B | $6.63B | $8.15B | |
| Deferred tax liabilities | $110M | $1.67B | $990M | $2.09B | $1.92B | $3.94B | $3.62B | $3.13B | $2.62B | $2.16B | |
| Other non-current liabilities | $180M | $158M | $862M | $894M | $1.04B | $1.37B | $1.22B | $998M | $805M | $623M | |
| Non-current liabilities | $2.02B | $9.38B | $8.12B | $8.17B | $8.11B | $11.6B | $11.4B | $10B | $10.1B | $10.9B | |
| Total liabilities | $2.8B | $11B | $9.17B | $9.68B | $9.47B | $14.3B | $13.8B | $13.2B | $13.1B | $14.2B | |
| Equity | |||||||||||
| Common stock & paid-in capital | $51.4M | $61.4M | $61.7M | $61.4M | $61.6M | $87.6M | $84.9M | $82.7M | $82.7M | $81.6M | |
| Retained earnings | $4.79B | $4.91B | $5.98B | $6.9B | $7.24B | $7.52B | $8.72B | $10.4B | $10.2B | $10.5B | |
| Accumulated other comprehensive income | -$73.8M | -$61.4M | -$58.4M | -$188M | -$249M | -$187M | -$198M | -$188M | -$185M | -$155M | |
| Shareholders' equity | $5.17B | $10.2B | $11.3B | $11.7B | $12B | $38B | $36.5B | $35.6B | $35.2B | $33.8B | |
| Debt | |||||||||||
| Total debt (incl. leases) | $1.73B | $7.85B | $6.33B | $5.49B | $5.19B | $6.82B | $6.6B | $7.01B | $7.65B | $8.66B | |
| Net debt (debt - cash) | $811M | $6.8B | $5.52B | $4.84B | $4.13B | $4.84B | $5.13B | $6.06B | $5.66B | $6.17B | |
Standardised by Financial Modeling Prep from the company's filings; outflows and costs keep the sign the provider reports. Hover a period for its end date. Amounts in USD.
Cash, investments and debt
quarter endsThe other statements
Sources
Statements, segment revenue, metrics, estimates: Financial Modeling Prep. Segment profits and every reported line: SEC EDGAR (XBRL). Filings read: 10-Q 2026-08-01, 10-Q 2026-05-02, 10-Q 2026-01-31, 10-K 2025-11-01, 10-Q 2025-08-02, 10-Q 2025-05-03, 10-Q 2025-02-01, 10-K 2024-11-02, 10-Q 2024-08-03
Data as of 2026-11-01