ADI reports $3.62 billion in Q1 2026 revenue, up 37% year-over-year, driven by datacenter demand and improved end markets.
Analog Devices (NASDAQ:ADI) closed at $427.58 on June 15, 2026, reflecting a 3.82% one-month return and an 89.13% gain over the past 52 weeks. The company’s market capitalization stands at $208.27 billion.
In Q1 2026, ADI reported revenue of $3.62 billion, marking a 15% sequential and 37% year-over-year increase. The growth was attributed to stronger demand for datacenter products and improved end market conditions, according to a Q1 2026 investor letter from Madison Large Cap Fund.
Hedge fund holdings in ADI rose to 109 in Q1 2026 from 86 in the prior quarter, signaling increased institutional interest. The company was among the top contributors to fund performance, alongside peers like Texas Instruments.