ADI · 10-Q · 2026Q3 · Full report
Distribution Channels
ANALOG DEVICES INC · 2026-08-19 · Importance 33 · Surprise 6 · In source text
Analog Devices sells globally through a direct sales force, third-party distributors, independent sales representatives and its website. Distributors generated $2.33 billion of quarterly revenue and $6.14 billion during the first nine months of fiscal 2026, while direct customers generated $1.59 billion and $4.49 billion, respectively. The company identifies direct customers primarily as original equipment manufacturers, while other customers include the U.S. government, government prime contractors and certain commercial customers with revenue recognized over time. Channel mix remained relatively consistent, although the distributor contribution increased as Industrial revenue represented a larger share of total revenue.
Key facts
- Distributors channel revenue for three months ended August 1, 2026: $2,327,081 source
- Direct customers revenue for three months ended August 1, 2026: $1,588,639 source
- Other channel revenue for three months ended August 1, 2026: $106,179 source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| revenue | positive | realized | — | Distributors channel revenue for three months ended August 1, 2026: $2,327,081 |
| revenue | positive | realized | — | Direct customers revenue for three months ended August 1, 2026: $1,588,639 |