Key Takeaways Analog Devices' Q3 gross margin was 69.2%, held back by growth in its lower-margin communication business.Industrial strength from AI chip test equipment and record aerospace & defense lifted ADI high-margin growth.ADI's automotive business hit record revenues, fueled by ADAS, auto connectivity, and power solutions.Analog Devices’ (ADI) third-quarter 2025 non-GAAP gross margin came in at 69.2%, expanding 150 basis points. Although the gross margin has been expanding, it didn’t meet the company ...