Balance Sheet: Assets
Quarterly Data

The balance sheet provides creditors, investors, and analysts with information on company resources (assets) and its sources of capital (its equity and liabilities). It normally also provides information about the future earnings capacity of a company assets as well as an indication of cash flows that may come from receivables and inventories.

Assets are resources controlled by the company as a result of past events and from which future economic benefits are expected to flow to the entity.

Analog Devices Inc., consolidated balance sheet: assets (quarterly data)

US$ in thousands

	Nov 1, 2025	Aug 2, 2025	May 3, 2025	Feb 1, 2025	Nov 2, 2024	Aug 3, 2024	May 4, 2024	Feb 3, 2024	Oct 28, 2023	Jul 29, 2023	Apr 29, 2023	Jan 28, 2023	Oct 29, 2022	Jul 30, 2022	Apr 30, 2022	Jan 29, 2022	Oct 30, 2021	Jul 31, 2021	May 1, 2021	Jan 30, 2021	Oct 31, 2020	Aug 1, 2020	May 2, 2020	Feb 1, 2020
Cash and cash equivalents	2,499,406)	2,321,191)	2,376,235)	2,349,994)	1,991,342)	2,106,032)	1,939,695)	1,303,560)	958,061)	1,149,246)	1,177,609)	1,670,462)	1,470,572)	1,524,960)	1,737,733)	1,790,399)	1,977,964)	1,480,701)	1,305,216)	1,048,063)	1,055,860)	1,090,264)	784,937)	654,408)
Short-term investments	1,152,915)	1,148,096)	—)	371,460)	371,822)	439,667)	424,117)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)
Accounts receivable	1,436,075)	1,553,259)	1,382,365)	1,192,442)	1,336,331)	1,127,158)	1,004,628)	1,196,721)	1,469,734)	1,616,243)	1,616,256)	1,629,870)	1,800,462)	1,742,646)	1,608,254)	1,636,928)	1,459,056)	823,163)	814,135)	826,964)	737,536)	681,728)	588,244)	584,366)
Inventories	1,656,323)	1,596,853)	1,524,897)	1,474,656)	1,447,687)	1,427,936)	1,479,081)	1,553,221)	1,642,214)	1,709,313)	1,648,136)	1,522,942)	1,399,914)	1,203,394)	1,075,297)	972,571)	1,200,610)	657,520)	641,202)	618,640)	608,260)	612,646)	590,268)	588,503)
Prepaid expenses and other current assets	363,342)	305,170)	305,040)	344,524)	337,472)	342,143)	346,100)	362,375)	314,013)	360,383)	302,919)	338,226)	267,044)	218,708)	212,905)	236,797)	740,687)	129,071)	142,247)	131,074)	116,032)	100,599)	87,844)	83,902)
Current assets	7,108,061)	6,924,569)	5,588,537)	5,733,076)	5,484,654)	5,442,936)	5,193,621)	4,415,877)	4,384,022)	4,835,185)	4,744,920)	5,161,500)	4,937,992)	4,689,708)	4,634,189)	4,636,695)	5,378,317)	3,090,455)	2,902,800)	2,624,741)	2,517,688)	2,485,237)	2,051,293)	1,911,179)
Net property, plant and equipment	3,315,696)	3,299,278)	3,336,128)	3,355,240)	3,415,550)	3,395,748)	3,415,220)	3,281,937)	3,219,157)	2,922,781)	2,742,016)	2,524,655)	2,401,304)	2,180,048)	2,094,148)	2,037,290)	1,979,051)	1,173,674)	1,160,586)	1,129,214)	1,120,561)	1,134,236)	1,189,332)	1,206,769)
Goodwill	26,945,180)	26,945,180)	26,945,180)	26,945,180)	26,909,775)	26,909,775)	26,909,775)	26,913,134)	26,913,134)	26,913,134)	26,913,134)	26,913,134)	26,913,134)	26,920,335)	26,923,756)	26,940,594)	26,918,470)	12,278,898)	12,282,465)	12,282,751)	12,278,425)	12,273,799)	12,253,670)	12,257,064)
Intangible assets, net	8,013,815)	8,402,630)	8,787,380)	9,183,038)	9,585,464)	9,997,707)	10,434,776)	10,871,054)	11,311,957)	11,762,655)	12,261,693)	12,763,229)	13,265,406)	13,764,444)	14,258,728)	14,762,722)	15,267,170)	3,248,802)	3,393,546)	3,535,475)	3,650,280)	3,796,932)	3,928,902)	4,073,078)
Deferred tax assets	1,867,102)	1,925,442)	1,985,591)	2,032,676)	2,083,752)	2,105,430)	2,146,321)	2,172,174)	2,223,272)	2,224,880)	2,248,858)	2,267,178)	2,264,888)	2,297,122)	2,325,317)	2,317,301)	2,267,269)	1,425,293)	1,448,018)	1,466,489)	1,503,064)	1,522,772)	1,553,902)	1,567,521)
Other assets	742,858)	695,502)	701,671)	718,336)	749,082)	766,778)	762,153)	734,288)	742,936)	688,104)	634,118)	604,824)	519,626)	494,513)	564,514)	521,012)	511,794)	424,068)	400,802)	401,440)	398,585)	386,592)	373,839)	361,216)
Non-current assets	40,884,651)	41,268,032)	41,755,950)	42,234,470)	42,743,623)	43,175,438)	43,668,245)	43,972,587)	44,410,456)	44,511,554)	44,799,819)	45,073,020)	45,364,358)	45,656,462)	46,166,463)	46,578,919)	46,943,754)	18,550,735)	18,685,417)	18,815,369)	18,950,915)	19,114,331)	19,299,645)	19,465,648)
Total assets	47,992,712)	48,192,601)	47,344,487)	47,967,546)	48,228,277)	48,618,374)	48,861,866)	48,388,464)	48,794,478)	49,346,739)	49,544,739)	50,234,520)	50,302,350)	50,346,170)	50,800,652)	51,215,614)	52,322,071)	21,641,190)	21,588,217)	21,440,110)	21,468,603)	21,599,568)	21,350,938)	21,376,827)

Cash and Cash Equivalents: Cash and cash equivalents exhibit substantial growth from early 2020 through late 2021, peaking near 2 billion USD by October 2021. Subsequently, fluctuations occur with a decline into early 2023, followed by a recovery and further increases into early 2025, reaching approximately 2.5 billion USD. This pattern indicates periods of cash accumulation and allocation fluctuations over the observed timeframe.
Short-term Investments: Data on short-term investments is sparse until late 2023, after which it begins to appear, initially around 420 million USD, then exhibiting variability with a notable increase exceeding 1.1 billion USD by mid-2025. The later emergence and growth of this category suggest strategic changes in liquidity management or surplus funds allocation.
Accounts Receivable: Accounts receivable increased considerably from around 580 million USD in early 2020 to over 1.8 billion USD by late 2022, reflecting heightened sales activity or extended credit terms. A decline ensues into 2023, stabilizing around 1.1 to 1.5 billion USD through 2025, indicating a normalization or tighter receivables management.
Inventories: Inventory levels remain relatively stable until mid-2021, after which a marked jump occurs to approximately 1.2 billion USD. Thereafter, inventories maintain an upward trajectory with periodic fluctuations, reaching over 1.6 billion USD by mid-2025. This growth may suggest increased production or stocking in response to demand forecasts or supply chain considerations.
Prepaid Expenses and Other Current Assets: Prepaid expenses and other current assets display volatility, increasing sharply in late 2021 to approximately 740 million USD, then dropping and fluctuating between roughly 300 to 360 million USD from 2022 onwards. Such variation may indicate timing differences in expense recognition or changing operational prepayments.
Current Assets: Current assets reflect an overall increasing trend from early 2020 to late 2021, more than doubling to a peak above 5.3 billion USD. From 2022 onwards, current assets fluctuate but generally maintain a level above 4.3 billion USD, with an uptrend toward 7.1 billion USD by mid-2025, likely driven by the increases in cash, receivables, and inventories.
Net Property, Plant, and Equipment (PP&E): Net PP&E decreases slightly from early 2020 to late 2020, then begins a steady increase reaching over 3.2 billion USD by early 2024. A slight decline follows into 2025, stabilizing around 3.3 billion USD. The growth phase suggests ongoing capital investments, while the recent stabilization may indicate completion of major projects or asset disposals.
Goodwill: Goodwill remains relatively stable around 12.3 billion USD until late 2021, after which it sharply rises to approximately 26.9 billion USD, maintaining this level through 2025. This substantial increase likely reflects acquisitions or business combinations occurring around late 2021, adding significant intangible value.
Intangible Assets, Net: A consistent downward trend is observable in net intangible assets, declining from about 4.1 billion USD in early 2020 to 8.0 billion USD by late 2025, following the sharp increase in goodwill. This decline likely corresponds to amortization or impairment of intangible assets over time.
Deferred Tax Assets: Deferred tax assets show a gradual decline from roughly 1.57 billion USD in early 2020 to about 1.87 billion USD by late 2025, suggesting utilization of tax attributes or changes in tax positions, though the decrease is moderate.
Other Assets: Other assets increase steadily from approximately 360 million USD in early 2020 to over 740 million USD by late 2025, indicating growth in miscellaneous or less-defined long-term asset categories.
Non-current Assets: Non-current assets demonstrate slight fluctuations and an overall decreasing trend from roughly 19.5 billion USD early 2020 to about 40.9 billion USD by late 2025, including the significant jump related to goodwill. This inconsistency may relate to reclassifications or consolidations in asset categories following major acquisitions.
Total Assets: Total assets register a doubling from circa 21.4 billion USD in early 2020 to over 52.3 billion USD by late 2021, followed by a gradual decrease and relative stabilization around 48 billion USD through late 2025. The sharp uptick corresponds with notable increases in goodwill and current assets, likely driven by acquisition activities and asset growth, with subsequent stabilization reflecting integration and asset management post-acquisition.

Assets: Selected Items

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Current Assets: Selected Items

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Analog Devices Inc. (NASDAQ:ADI)

Balance Sheet: Assets Quarterly Data

Assets: Selected Items

Current Assets: Selected Items

Balance Sheet: Assets
Quarterly Data