Analog Devices (ADI) Revenue — Quarter Ended Jan 28, 2023
Revenue increased compared to the same quarter last year, continuing a multi-quarter trend of year-over-year growth. The rate of growth, however, slowed from the prior quarter's pace.
Key takeaway
Quarter ended Jan 28, 2023 · FY2023 Q1
Revenue increased compared to the same quarter last year, continuing a multi-quarter trend of year-over-year growth. The rate of growth, however, slowed from the prior quarter's pace.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$3.2B
Revenue reported for this quarter.
Quarter-over-quarter
+0.1%
Change from the immediately preceding quarter.
Year-over-year
+21.1%
Change from the comparable year-ago quarter.
Trailing four quarters
$12.6B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Apr 30, 2022 | $3B | +78.9% |
| Jul 30, 2022 | $3.1B | +76.8% |
| Oct 29, 2022 | $3.2B | +38.8% |
| Jan 28, 2023 | $3.2B | +21.1% |
Revenue performance
Reported revenue rose from the same quarter a year earlier, driven by broad-based gains across all end markets, with the automotive and industrial segments posting the largest year-over-year increases.
Quarterly comparison
Compared to the immediately preceding quarter, revenue was essentially flat, showing only a marginal sequential increase. This marks a deceleration from the strong sequential growth seen in the prior period.
What to watch
Monitor whether the sequential revenue stagnation persists, as it may signal a shift in demand trends after several quarters of robust growth.