ADI · News · 20260923N

End-Market Demand Trends

ANALOG DEVICES INC · 2026-09-23 · Importance 69 · Surprise 64

Analog Devices CFO Rich Puccio cited broad-based industrial-market recovery and continued momentum in data centers, aerospace and defense, and automated test equipment. Data-center revenue reportedly doubled year over year to an annualized rate of approximately $2 billion. Aerospace and defense remained strong, while the broader industrial market had not yet fully recovered; inventory rebuilding was also underway.

Key facts

• CFO highlighted strength in defense, test equipment, and data centers. source
• CFO said there is a broad-based recovery in industrial markets alongside continued momentum in data centers, aerospace and defense, and automated test equipment. source