February 24, 2025 /SemiMedia/ — ADI’s Q1 FY2025 financial results, ending February 1, show notable performance driven by industrial, automotive, and communication sectors. The company reported revenues of $2.423 billion, with significant sequential growth in industrial, automotive, and communications businesses. Consumer business saw a double-digit year-over-year growth. The gross margin stood at 59.0%, while operating income reached $4.91 billion, with an operating margin of 20.3%.

CEO and Chairman Vincent Roche commented: "Despite the challenging macroeconomic and geopolitical environment, our Q1 performance exceeded expectations, supported by improving cyclical dynamics and new business wins in our areas of expertise. Our continued focus on differentiated innovation and customer experience, along with a flexible and resilient supply chain, will drive further value for our clients."

CFO Richard Puccio noted: "Our bookings continue to improve, with strong performance in industrial and automotive sectors. We are confident that ADI will maintain its growth momentum in Q2 FY2025."

Looking ahead to Q2 FY2025, ADI projects revenue of $2.5 billion, with a variance of $100 million, and expects an operating margin of approximately 24.2%.