---
schema_version: "secwatch.filing_event.v1"
accession: "0000006281-24-000032"
form_type: "8-K"
ticker: "ADI"
cik: "0000006281"
company_name: "ANALOG DEVICES INC"
filed_at: "2024-02-21T23:59:59+00:00"
generated_at: "2026-06-05T22:28:16.585286+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# ADI Q1 revenue $2.51B (-23% YoY), EPS $0.93 (-51%); dividend raised 7% to $0.92

## Summary
- Revenue $2,513M, down 23% YoY; GAAP diluted EPS $0.93, down 51%; adjusted EPS $1.73, down 37%.
- Gross margin 58.7% (down 670 bps); adjusted gross margin 69.0% (down 460 bps).
- Operating cash flow $1,139M in Q1; free cash flow $916M; trailing 12-month free cash flow $3,242M.
- Quarterly dividend increased 7% to $0.92 per share, payable March 15 to record March 5, marking 20th consecutive annual increase.
- Appointed Richard C. Puccio as EVP and Chief Financial Officer.

## SEC filing metadata
- accession: 0000006281-24-000032
- form_type: 8-K
- ticker: ADI
- cik: 0000006281
- company_name: ANALOG DEVICES INC
- filed_at: 2024-02-21T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/6281/000000628124000032/0000006281-24-000032-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/6281/000000628124000032/adi-20240220.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000006281-24-000032
- JSON: https://secwatch.observer/filing/0000006281-24-000032.json
- Plain text: https://secwatch.observer/filing/0000006281-24-000032.txt

## Key facts
- Earnings Releases
  ANALOG DEVICES INC reported 14-week fiscal first quarter 2024 ended February 3, 2024 results: revenue $2,513, EPS $0.93.
  - Period: 14-week fiscal first quarter 2024 ended February 3, 2024
  - Revenue: $2,513
  - EPS: $0.93
  - Result: reported results
  source text: 14 Week First Quarter of Fiscal 2024 Results Summary (1) (in millions, except per-share amounts and percentages) Three Months Ended Feb. 3, 2024 Jan. 28, 2023 Change Revenue $ 2,513 $ 3,250 (23) % Gross margin $ 1,474 $ 2,124 (31) % Gross margin percentage 58.7 % 65.4 % (670 bps) Operating income $ 586 $ 1,131 (48) % Operating margin 23.3 % 34.8 % (1,150 bps)
  evidence_url: https://www.sec.gov/Archives/edgar/data/6281/000000628124000032/0000006281-24-000032-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.