ADI Q2 FY26 net income swings to USD 6 million; net revenue rises 1% year-over-year to USD 1.29 billion
Reuters2026/08/13 11:08Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- ADI posted Q2 2026 net revenue up 1% to USD 1.29 billion, while net income turned to USD 6 million.
- Adjusted EBITDA fell 9% to USD 86 million, with margin narrowing 70 basis points to 6.7%.
- Gross margin widened 50 basis points to 22.7%, boosted by about USD 20 million of tariff refunds.
- Operating income dropped 56% to USD 25 million, as selling, general and administrative expenses rose USD 16 million to USD 206 million.
- Initiated 2026 outlook with net revenue of USD 4.95 billion-USD 5 billion, adjusted standalone EBITDA of USD 275 million-USD 295 million.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. ADI Global Distribution Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 202608130705BIZWIRE_USPR_____20260813_BW590322) on August 13, 2026, and is solely responsible for the information contained therein.
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