Analog Devices (ADI) Revenue — Quarter Ended Nov 2, 2024
Revenue for the quarter ended November 2, 2024 increased compared to the immediately preceding quarter. However, revenue declined relative to the same quarter one year earlier.
Key takeaway
Quarter ended Nov 2, 2024 · FY2024 Q4
Revenue for the quarter ended November 2, 2024 increased compared to the immediately preceding quarter. However, revenue declined relative to the same quarter one year earlier.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$2.4B
Revenue reported for this quarter.
Quarter-over-quarter
+5.7%
Change from the immediately preceding quarter.
Year-over-year
-10.1%
Change from the comparable year-ago quarter.
Trailing four quarters
$9.4B
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 |
|---|---|---|
| Feb 3, 2024 | $2.5B | -22.7% |
| May 4, 2024 | $2.2B | -33.8% |
| Aug 3, 2024 | $2.3B | -24.8% |
| Nov 2, 2024 | $2.4B | -10.1% |
Revenue performance
The reported revenue direction is upward from the prior quarter, reversing a pattern of sequential declines seen in earlier periods of the fiscal year.
Quarterly comparison
Compared to the immediately preceding quarter, revenue rose. Compared to the same quarter one year ago, revenue was lower.
What to watch
The trailing twelve-month revenue figure provides a broader view of the company's recent revenue trajectory.