Company / R&D Expense
Analog Devices R&D Expense History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest R&D Expense
$1.8B
FY2025
5-year range
$1.3B / $1.8B
FY2021-FY2025
Trend
+18.7%
vs FY2024
Sector context
#23 of 263
Information Technology
What the data says
Among 263 Information Technology companies, Analog Devices is in the top 9% for r&d expense. R&D Expense returned to growth in FY2025 after 2 years of decline, reaching $1.8B.
Based on SEC 10-K filings.
$1.8B in FY2025 with a 5-year CAGR of +10.9%. Top quartile in the Information Technology sector.
Improved from $1.7B to $1.8B over the past 2 years.
Information Technology sector context is included.
R&D Expense over time
Growth rates
- 3-Year CAGR
- +1.3%
- 5-Year CAGR
- +10.9%
- 10-Year CAGR
- -
Sector benchmark
Top 9% in Information TechnologyTop 9% of 263This company $1.8B Sector average $927.0M
▼
+90.5% above sector average
Key checks
Key Insights
- 5-year CAGR of +10.9%, indicating consistent growth.
- In FY2025, r&d expense increased 18.7% year-over-year.
- Ranks #23 out of 263 companies in the Information Technology sector.
- Lowest r&d expense in the period was in FY2016.
Company context
Key Data Points
- High Piotroski F-Score: 8/9 (strong financial health signals)
- Strong profit margin: 20.6%
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | R&D ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $1.8B | +18.7% |
| FY2024 | $1.5B | -10.4% |
| FY2023 | $1.7B | -2.4% |
| FY2022 | $1.7B | +31.2% |
| FY2021 | $1.3B | +23.4% |
| FY2020 | $1.1B | +8.5% |
| FY2019 | $968.1M | -16.9% |
| FY2018 | $1.2B | +20.3% |
| FY2017 | $968.1M | +73.0% |
| FY2016 | $559.7M | -12.2% |
As of FY2025 · SEC Form 10-K · Last checked Jul 2, 2026