Summer 2026, Fall 2026
Posted on 8/21/2026
Designs high-performance analog and DSP ICs
No salary listed
Valencia, Spain
In Person
Bachelor's, Master's
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ADI designs, manufactures, and sells high-performance analog, mixed-signal, and DSP integrated circuits that sense, measure, interpret, connect, and power the physical world in electronic devices. Its products include data converters, amplifiers, and power-management ICs that OEMs embed to handle analog sensing and digital processing inside their products. ADI differentiates itself through a broad, industry-spanning portfolio and close collaboration with customers to solve complex engineering challenges, rather than focusing on a single product type. Its goal is to provide reliable signal-processing solutions that bridge the physical world and digital systems, helping customers create more capable electronic products.
Company Size
10,001+
Company Stage
IPO
Headquarters
Wilmington, Massachusetts
Founded
1965
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Health Insurance
Dental Insurance
Vision Insurance
401(k) Retirement Plan
401(k) Company Match
Paid Vacation
Paid Holidays
Paid Sick Leave
Analog Devices reported its first $4 billion revenue quarter, with growth across all end markets led by data centre and industrial segments. The company attributes success to its "grid-to-chip" strategy, positioning itself as critical infrastructure for AI data centres by managing power from generation to processor core. Q4 revenue guidance stands at $4.3 billion, with data centre expected to grow approximately 10% sequentially. Gross margin is projected to reach 74% in Q4, driven by favourable product mix and higher fixed cost absorption. The company completed its $1.5 billion all-cash acquisition of Empower Semiconductor in July, which management claims can reduce compute power consumption by 10% to 15%. The serviceable addressable market for data centre and energy by 2030 has doubled compared to last year's projections. Net leverage ratio sits at 0.9 following recent acquisitions.
Analog Devices reported record fiscal third-quarter revenue of $4.02 billion, up 11% sequentially and 40% year over year. Adjusted earnings per share reached $3.45, rising 12% sequentially and 68% year over year. Growth was broad-based across industrial, automotive, communications and consumer markets. CEO Vincent Roche attributed the company's first $4 billion quarter to demand from AI infrastructure, defence spending and cyclical momentum. The company expects strong double-digit growth in data centre and energy markets through at least 2030, driven by power management and optical networking demand. Revenue from optical circuit switching is forecast to roughly double this year and again in 2027. For fiscal fourth quarter, Analog Devices forecast revenue of $4.3 billion and adjusted earnings per share of $3.86. Management called fiscal 2027 a "brisk growth year" whilst flagging macroeconomic and AI-spending risks.
Analog Devices reported record fiscal third quarter 2026 results with revenue of $4.02 billion, up 40% year-over-year, driven by growth in data centre and industrial sectors. The semiconductor company generated operating cash flow of $5.5 billion and free cash flow of $4.9 billion on a trailing twelve-month basis, representing 40% and 36% of revenue respectively. The company returned $1.7 billion to shareholders through dividends and share repurchases during the quarter. Adjusted diluted earnings per share reached $3.45, up 68% from the prior year. For the fourth quarter of fiscal 2026, Analog Devices forecasts revenue of $4.3 billion, with adjusted earnings per share of $3.86. The board declared a quarterly dividend of $1.10 per share, payable 15 September 2026.
Analog Devices faces a crucial test as analysts forecast quarterly earnings of $3.33 per share on revenues of $3.92 billion, representing significant year-over-year growth. The projections highlight expected strength in communications and industrial markets, which could reshape the company's business mix. These forecasts exceed Analog Devices' earlier Q3 2026 guidance of roughly $3.9 billion revenue and $2.60 reported earnings per share. The gap between guidance and Street expectations raises questions about whether communications and industrial demand can support the upside. Looking ahead, the most optimistic analysts project 2029 revenues near $21.9 billion and earnings of $8.5 billion. However, investors should consider cyclical risks in industrial and communications demand that could affect these projections. The company's narrative forecasts 14.7% yearly revenue growth through 2029.
Irish IoT startup VT Electron has been acquired by US multinational Analog Devices. Founded by Mark Bannon, the company had previously raised over $5 million from investors including BVP, Colm Lyon of Realex Payments and Fire, and Patrick Joy of Suretank. VT Electron was valued at €14 million in 2023. The acquisition terms were not disclosed. The deal represents an exit for the Irish startup, which specialised in Internet of Things technology. Analog Devices is a US-based multinational corporation.