ADI · 10-Q · 2026Q3 · Full report

Supply Chain and Inventory

ANALOG DEVICES INC · 2026-08-19 · Importance 54 · Surprise 40

Inventory increased to $1.93 billion at August 1, 2026 from $1.66 billion at the end of fiscal 2025, a 16.6% increase. Analog Devices said the increase primarily reflected building inventory levels to support increased customer demand. Accounts receivable also rose to $2.39 billion from $1.44 billion, primarily because of increased sales and variation in collection and billing timing.