Analog Devices (ADI) announced its financial results for the third quarter of fiscal 2025, ended August 2, reporting strong revenue and profit growth that exceeded market expectations.

• Revenue: $2.88 billion, up 25% year-over-year, with all end markets achieving double-digit growth.

• Gross Margin: 62.1%, an increase of 5.4 percentage points from the prior year.

• Operating Income: $818 million, up 67% year-over-year, with operating margin rising to 28.4%.

Vincent Roche, Chairman and CEO of ADI, highlighted that despite geopolitical and tariff-related challenges, revenue and EPS exceeded expectations, reflecting robust demand across ADI’s product portfolio.

Chief Financial Officer Richard Puccio added that backlog continued to grow at the end of Q3, with particularly healthy booking trends in the industrial market. With solid quarterly results and favorable momentum, ADI is positioned to close fiscal 2025 on a strong note.