Analog Devices, Inc. (ADI) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 |
|---|
| Total Current Assets | 7.81B | 7.6B | 7.11B | 6.92B | 5.59B | 5.73B | 5.48B | 5.44B | 5.19B | 4.42B | 4.38B | 4.84B | 4.74B | 5.16B | 4.94B | 4.69B | 4.63B | 4.64B | 5.38B | 3.09B |
| Cash & Short-Term Investments | 3.44B | 4.05B | 3.65B | 3.47B | 2.38B | 2.72B | 2.36B | 2.55B | 2.36B | 1.3B | 958.06M | 1.15B | 1.18B | 1.67B | 1.47B | 1.52B | 1.74B | 1.79B | 1.98B | 1.48B |
| Cash Only | 2.44B | 2.91B | 2.5B | 2.32B | 2.38B | 2.35B | 1.99B | 2.11B | 1.94B | 1.3B | 958.06M | 1.15B | 1.18B | 1.67B | 1.47B | 1.52B | 1.74B | 1.79B | 1.98B | 1.48B |
| Short-Term Investments | 1B | 1.14B | 1.15B | 1.15B | 0 | 371.46M | 371.82M | 439.67M | 424.12M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 2.05B | 1.36B | 1.44B | 1.55B | 1.38B | 1.19B | 1.34B | 1.13B | 1B | 1.2B | 1.47B | 1.62B | 1.62B | 1.63B | 1.8B | 1.74B | 1.61B | 1.64B | 1.46B | 823.16M |
| Days Sales Outstanding | 42.84 | 40.26 | 44.22 | 46.37 | 44.38 | 47.48 | 45.88 | 41.95 | 46.39 | 52 | 51.69 | 47.81 | 45.27 | 48.03 | 49.64 | 49.03 | 49.68 | 52.48 | 44.38 | 42.36 |
| Inventory | 1.85B | 1.77B | 1.66B | 1.6B | 1.52B | 1.47B | 1.45B | 1.43B | 1.48B | 1.55B | 1.64B | 1.71B | 1.65B | 1.52B | 1.4B | 1.2B | 1.08B | 972.57M | 1.2B | 657.52M |
| Days Inventory Outstanding | 138.98 | 139.66 | 130.49 | 130.24 | 132.7 | 133.92 | 127.39 | 132.14 | 140.93 | 150.73 | 142.55 | 137.02 | 129.01 | 118.18 | 107.2 | 97.19 | 90.68 | 97.81 | 95.35 | 109.9 |
| Other Current Assets | 470.33M | 426.39M | 363.34M | 305.17M | 305.04M | 344.52M | 337.47M | 342.14M | 346.1M | 362.38M | 314.01M | 0 | 302.92M | 338.23M | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Non-Current Assets | 40.14B | 40.39B | 40.88B | 41.27B | 41.76B | 42.23B | 42.74B | 43.18B | 43.67B | 43.97B | 44.41B | 44.51B | 44.8B | 45.07B | 45.36B | 45.66B | 46.17B | 46.58B | 46.94B | 18.55B |
| Property, Plant & Equipment | 3.29B | 3.25B | 3.32B | 3.3B | 3.34B | 3.36B | 3.42B | 3.4B | 3.42B | 3.28B | 3.22B | 2.92B | 2.74B | 2.52B | 2.4B | 2.18B | 2.09B | 2.04B | 1.98B | 1.17B |
| Fixed Asset Turnover | 1.11x | 0.96x | 0.93x | 0.87x | 0.79x | 0.72x | 0.72x | 0.68x | 0.64x | 0.77x | 0.88x | 1.09x | 1.24x | 1.32x | 1.42x | 1.46x | 1.44x | 1.34x | 1.48x | 1.51x |
| Goodwill | 26.97B | 26.95B | 26.95B | 26.95B | 26.95B | 26.95B | 26.91B | 26.91B | 26.91B | 26.91B | 26.91B | 26.91B | 26.91B | 26.91B | 26.91B | 26.92B | 26.92B | 26.94B | 26.92B | 12.28B |
| Intangible Assets | 7.26B | 7.63B | 8.01B | 8.4B | 8.79B | 9.18B | 9.59B | 10B | 10.43B | 10.87B | 11.31B | 11.76B | 12.26B | 12.76B | 13.27B | 13.76B | 14.26B | 14.76B | 15.27B | 3.25B |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 122.28M | 0 | 0 | 0 | 127.86M | 105.56M |
| Other Non-Current Assets | 888.93M | 805.65M | 742.86M | 695.5M | 701.67M | 718.34M | 749.08M | 766.78M | 762.15M | 734.29M | 742.94M | 688.1M | 634.12M | 604.82M | 397.34M | 494.51M | 564.51M | 521.01M | 383.94M | 318.51M |
| Total Assets | 47.95B | 47.99B | 47.99B | 48.19B | 47.34B | 47.97B | 48.23B | 48.62B | 48.86B | 48.39B | 48.79B | 49.35B | 49.54B | 50.23B | 50.3B | 50.35B | 50.8B | 51.22B | 52.32B | 21.64B |
| Asset Turnover | 0.08x | 0.07x | 0.06x | 0.06x | 0.06x | 0.05x | 0.05x | 0.05x | 0.04x | 0.05x | 0.06x | 0.06x | 0.07x | 0.06x | 0.06x | 0.06x | 0.06x | 0.05x | 0.06x | 0.08x |
| Asset Growth % | 1.28% | 0.05% | -0.49% | -0.88% | -3.11% | -0.87% | -1.16% | -1.48% | -1.38% | -3.67% | -3% | -1.99% | -2.47% | -1.92% | -3.86% | 132.64% | 135.32% | 138.88% | 143.71% | 0.19% |
| Total Current Liabilities | 4.46B | 4.33B | 3.25B | 2.98B | 2.69B | 2.97B | 2.99B | 3.23B | 3.3B | 2.92B | 3.2B | 2.83B | 2.65B | 2.43B | 2.44B | 2.44B | 2.33B | 2.22B | 2.77B | 2.79B |
| Accounts Payable | 598.64M | 549.06M | 543.76M | 490.72M | 429.4M | 368.94M | 487.46M | 424.74M | 422.68M | 398.11M | 493.04M | 585.57M | 569M | 534.66M | 582.16M | 545.07M | 451.44M | 436.23M | 443.43M | 265.93M |
| Days Payables Outstanding | 44.12 | 44.58 | 41.5 | 38.39 | 35.32 | 39.25 | 40.41 | 38.52 | 38.15 | 42.04 | 45.88 | 47.12 | 44.9 | 45.16 | 46.42 | 42.5 | 39.31 | 39.59 | 36.4 | 46.13 |
| Short-Term Debt | 1.45B | 1.44B | 446.64M | 548.66M | 548.72M | 948.26M | 947.37M | 1.45B | 1.45B | 1.04B | 1.05B | 544.71M | 253.63M | 0 | 0 | 0 | 0 | 0 | 516.66M | 1.32B |
| Deferred Revenue (Current) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 2.41B | 2.34B | 468.18M | 0 | 0 | 0 | 256.95M | 0 | 0 | 0 | 389.6M | 0 | 0 | 0 | 465.54M | 0 | 0 | 0 | 381.68M | 0 |
| Current Ratio | 1.75x | 1.76x | 2.19x | 2.32x | 2.08x | 1.93x | 1.84x | 1.69x | 1.58x | 1.51x | 1.37x | 1.71x | 1.79x | 2.12x | 2.02x | 1.92x | 1.99x | 2.09x | 1.94x | 1.11x |
| Quick Ratio | 1.34x | 1.35x | 1.68x | 1.79x | 1.51x | 1.43x | 1.35x | 1.24x | 1.13x | 0.98x | 0.86x | 1.10x | 1.17x | 1.50x | 1.45x | 1.43x | 1.53x | 1.65x | 1.51x | 0.87x |
| Cash Conversion Cycle | 137.71 | 135.34 | 133.21 | 138.23 | 141.76 | 142.16 | 132.86 | 135.57 | 149.17 | 160.69 | 148.36 | 137.71 | 129.38 | 121.06 | 110.42 | 103.72 | 101.06 | 110.7 | 103.33 | 106.13 |
| Total Non-Current Liabilities | 9.75B | 9.87B | 10.93B | 11.13B | 9.64B | 9.93B | 10.06B | 10.2B | 10.32B | 9.92B | 10.03B | 10.61B | 10.89B | 11.27B | 11.39B | 11.27B | 11.37B | 11.57B | 11.56B | 6.58B |
| Long-Term Debt | 7.24B | 7.24B | 8.15B | 8.14B | 6.65B | 6.62B | 6.63B | 6.66B | 6.61B | 5.95B | 5.9B | 6.44B | 6.48B | 6.54B | 6.55B | 6.25B | 6.25B | 6.25B | 6.25B | 3.82B |
| Capital Lease Obligations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Tax Liabilities | 1.91B | 2B | 2.16B | 2.37B | 2.38B | 2.51B | 2.62B | 2.74B | 2.89B | 2.98B | 3.13B | 3.15B | 3.33B | 3.48B | 3.62B | 3.76B | 3.87B | 3.95B | 3.94B | 1.78B |
| Other Non-Current Liabilities | 608.62M | 637.2M | 622.81M | 616.25M | 615.23M | 792.59M | 804.98M | 802.9M | 816.12M | 994.54M | 998.08M | 1.02B | 1.08B | 1.25B | 1.22B | 1.25B | 1.25B | 1.36B | 1.37B | 982.76M |
| Total Liabilities | 14.21B | 14.2B | 14.18B | 14.11B | 12.33B | 12.9B | 13.05B | 13.43B | 13.61B | 12.84B | 13.23B | 13.44B | 13.53B | 13.7B | 13.84B | 13.71B | 13.7B | 13.79B | 14.33B | 9.38B |
| Total Debt | 8.68B | 8.68B | 8.66B | 8.69B | 7.2B | 7.57B | 7.65B | 8.1B | 8.06B | 6.99B | 7.01B | 6.98B | 6.73B | 6.54B | 6.6B | 6.25B | 6.25B | 6.25B | 6.82B | 5.15B |
| Net Debt | 6.25B | 5.78B | 6.17B | 6.37B | 4.82B | 5.22B | 5.66B | 6B | 6.12B | 5.69B | 6.06B | 5.83B | 5.55B | 4.87B | 5.13B | 4.73B | 4.52B | 4.46B | 4.84B | 3.67B |
| Debt / Equity | 0.26x | 0.26x | 0.26x | 0.25x | 0.21x | 0.22x | 0.22x | 0.23x | 0.23x | 0.20x | 0.20x | 0.19x | 0.19x | 0.18x | 0.18x | 0.17x | 0.17x | 0.17x | 0.18x | 0.42x |
| Debt / EBITDA | 4.64x | 5.84x | 6.01x | 6.66x | 6.11x | 7.51x | 7.02x | 7.93x | 8.81x | 6.29x | 5.99x | 4.60x | 3.93x | 3.81x | 3.94x | 4.25x | 4.18x | 6.69x | 11.80x | 6.39x |
| Net Debt / EBITDA | 3.34x | 3.88x | 4.28x | 4.88x | 4.09x | 5.18x | 5.19x | 5.87x | 6.69x | 5.12x | 5.17x | 3.84x | 3.25x | 2.84x | 3.06x | 3.21x | 3.02x | 4.78x | 8.38x | 4.55x |
| Interest Coverage | 15.75x | 11.95x | 11.06x | 10.59x | 9.38x | 6.79x | 7.24x | 5.97x | 5.21x | 7.66x | 8.99x | 13.62x | 18.20x | 18.76x | 22.97x | 17.56x | 18.75x | 7.23x | -1.86x | 13.81x |
| Total Equity | 33.74B | 33.79B | 33.82B | 34.09B | 35.01B | 35.07B | 35.18B | 35.19B | 35.25B | 35.55B | 35.57B | 35.9B | 36.01B | 36.53B | 36.47B | 36.64B | 37.1B | 37.43B | 37.99B | 12.26B |
| Equity Growth % | -3.62% | -3.66% | -3.87% | -3.14% | -0.67% | -1.34% | -1.09% | -1.99% | -2.13% | -2.69% | -2.47% | -2.01% | -2.93% | -2.39% | -4.02% | 198.75% | 204.92% | 209.63% | 216.66% | 4.13% |
| Book Value per Share | 68.80 | 68.72 | 68.56 | 68.62 | 70.27 | 70.33 | 70.53 | 70.55 | 70.70 | 71.28 | 70.29 | 71.31 | 70.79 | 71.46 | 70.70 | 70.38 | 70.50 | 70.60 | 77.89 | 32.98 |
| Total Shareholders' Equity | 33.74B | 33.79B | 33.82B | 34.09B | 35.01B | 35.07B | 35.18B | 35.19B | 35.25B | 35.55B | 35.57B | 35.9B | 36.01B | 36.53B | 36.47B | 36.64B | 37.1B | 37.43B | 37.99B | 12.26B |
| Common Stock | 81.18M | 81.37M | 81.61M | 81.99M | 82.71M | 82.66M | 82.72M | 82.75M | 82.7M | 82.65M | 82.71M | 83.05M | 83.57M | 84.31M | 84.88M | 85.72M | 86.64M | 87.22M | 87.55M | 61.37M |
| Retained Earnings | 11.53B | 10.89B | 10.54B | 10.24B | 10.21B | 10.13B | 10.2B | 10.18B | 10.24B | 10.39B | 10.36B | 10.29B | 9.84B | 9.3B | 8.72B | 8.18B | 7.82B | 7.43B | 7.52B | 7.81B |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | -152.24M | -148.44M | -154.58M | -173.09M | -167.63M | -184.97M | -185.26M | -169.72M | -180.9M | -181.28M | -188.3M | -170.85M | -172.36M | -169.73M | -198.15M | -212.63M | -207.62M | -188.62M | -186.56M | -224.94M |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |