NASDAQ$ADI
Analog Devices Inc · Q3 2021 earnings
Q3 2021 earnings · · Investor relations
Briefing
Analog Devices achieved record revenue and earnings, driven by sequential growth across all markets with Industrial and Automotive segments reaching new records.
Analog Devices reported record revenue of $1.76 billion, a 21% year-over-year increase, and record earnings for the third quarter of fiscal 2021. All end markets grew sequentially, with Industrial and Automotive segments achieving record revenue. The company returned over $400 million to shareholders through dividends and share repurchases.
- Revenue reached a new all-time high of $1.76 billion, reflecting a 21% year-over-year growth.
- Record revenue was achieved in both the Industrial and Automotive segments.
- Operating cash flow was $2.5 billion and free cash flow was $2.2 billion, representing 34% of revenue on a trailing twelve months basis.
- Over $400 million was returned to shareholders through dividends and share repurchases during the quarter.
Headline financials
Revenue & EPS history
Analog Devices · Revenue · Quarterly
$1.76B
Revenue by segment
Analog Devices · $1.76B total across 4 segments · Q3 2021
- Industrial$1B+29.4%57.0%
- Automotive$290M+78.5%16.5%
- Communications$289M-20.6%16.4%
- Consumer$178M+14.4%10.1%
Forward guidance
For the fourth quarter of fiscal 2021, the company forecasts revenue of $1.78 billion, +/- $70 million. They expect reported EPS to be $1.33, +/-$0.11, and adjusted EPS to be $1.72, +/-$0.11.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 19 quarterly earnings reports · overlaid with Q3 2021
+1.2%
Avg return
Earnings day
+1.4%
Avg return
5 days after
+0.5%
Avg return
30 days after
53%
38 / 72 earnings
Positive
+9.7%
Q1 2025
Best reaction
-8.3%
Q2 2023
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q2 2026 | -5.0% | -4.8% | +4.1% | |
| Q1 2026 | +1.0% | +5.2% | -8.3% | |
| Q4 2025 | +4.4% | +10.8% | +15.9% | |
| Q3 2025 | +6.1% | +10.4% | +6.5% | |
| Q2 2025 | -4.6% | -2.4% | +2.8% | |
| Q1 2025 | +9.7% | +7.6% | -7.2% | |
| Q4 2024 | -2.9% | -2.5% | -2.5% | |
| Q3 2024 | -0.7% | +0.9% | +1.5% | |
| Q2 2024 | +8.3% | +7.3% | +6.7% | |
| Q1 2024 | +1.3% | -0.2% | +2.2% | |
| Q4 2023 | -0.6% | -0.4% | +6.8% | |
| Q3 2023 | -1.7% | +2.1% | -0.7% | |
| Q2 2023 | -8.3% | -6.1% | -1.1% | |
| Q1 2023 | +8.7% | +6.8% | +3.4% | |
| Q4 2022 | +6.3% | +4.9% | +2.8% | |
| Q3 2022 | -5.0% | -8.5% | -16.6% | |
| Q2 2022 | -1.8% | -1.4% | -11.7% | |
| Q1 2022 | -1.0% | -1.0% | +0.9% | |
| Q4 2021 | -1.6% | -4.0% | -6.9% | |
| Q3 2021 | +0.3% | +2.0% | +3.1% | |
| Q2 2021 | +9.3% | +11.4% | +11.2% | |
| Q1 2021 | -1.5% | -0.8% | -5.3% | |
| Q4 2020 | -0.8% | +0.5% | +5.4% | |
| Q3 2020 | -0.4% | -0.6% | -2.5% | |
| Q2 2020 | +4.4% | +4.4% | +13.0% | |
| Q1 2020 | +5.0% | -1.0% | -28.2% | |
| Q4 2019 | +0.7% | +0.0% | +6.0% | |
| Q3 2019 | -1.5% | -3.9% | +4.6% | |
| Q2 2019 | -1.2% | -1.5% | +13.8% | |
| Q1 2019 | +1.0% | +3.5% | +3.1% | |
| Q4 2018 | +4.9% | +3.6% | -3.3% | |
| Q3 2018 | +1.5% | +4.3% | -1.4% | |
| Q2 2018 | +3.0% | +5.9% | +1.6% | |
| Q1 2018 | -4.3% | -1.2% | -1.2% | |
| Q4 2017 | -4.7% | -4.2% | -4.7% | |
| Q3 2017 | +5.2% | +6.1% | +8.3% | |
| Q2 2017 | -3.1% | -7.1% | -8.3% | |
| Q1 2017 | +5.3% | +6.0% | +7.0% | |
| Q4 2016 | +5.4% | +6.3% | +5.2% | |
| Q3 2016 | -1.2% | -1.6% | -4.4% | |
| Q2 2016 | +0.6% | — | — | |
| Q1 2016 | -0.1% | — | — | |
| Q4 2015 | +6.1% | — | — | |
| Q3 2015 | -1.9% | — | — | |
| Q2 2015 | +4.5% | — | — | |
| Q1 2015 | +2.3% | — | — | |
| Q4 2014 | +5.3% | — | — | |
| Q3 2014 | -1.7% | — | — | |
| Q2 2014 | -1.3% | — | — | |
| Q1 2014 | +1.6% | — | — | |
| Q4 2013 | -2.3% | — | — | |
| Q3 2013 | -1.7% | — | — | |
| Q2 2013 | -2.8% | — | — | |
| Q1 2013 | -0.8% | — | — | |
| Q4 2012 | +0.0% | — | — | |
| Q3 2012 | -2.1% | — | — | |
| Q2 2012 | -0.5% | — | — | |
| Q1 2012 | -2.1% | — | — | |
| Q4 2011 | -5.3% | — | — | |
| Q3 2011 | -1.2% | — | — | |
| Q2 2011 | +5.1% | — | — | |
| Q1 2011 | -0.4% | — | — | |
| Q4 2010 | +1.5% | — | — | |
| Q3 2010 | +6.1% | — | — | |
| Q2 2010 | +1.5% | — | — | |
| Q1 2010 | +3.4% | — | — | |
| Q1 2009 | +3.4% | — | — | |
| Q2 2009 | +6.8% | — | — | |
| Q4 2007 | +6.8% | — | — | |
| Q4 2009 | +6.8% | — | — | |
| Q3 2008 | +3.9% | — | — | |
| Q3 2009 | +3.9% | — | — |
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