The intermodulation analysis presented in this paper is based on the important observation that any output component of a memoryless nonlinear device can be expressed as an integral of the product of two functions, one being the single carrier amplitude characteristic of the nonlinear device and the other being a function of the statistical parameters of the input signal. The analysis can also be extended to nonlinear devices with AM-PM conversion by expressing the amplitude characteristic as a complex function. The signal-dependent function is given analytically for two simple but important types of signals, for two sinusoidal carriers of equal level, and for Gaussian noise, and it is demonstrated that good agreement has been obtained when the method has been applied to microwave devices like high power <tex xmlns:mml="http://www.w3.org/1998/Math/MathML" xmlns:xlink="http://www.w3.org/1999/xlink">X</tex> -band klystrons and traveling wave tubes. It is also shown that the method is convenient for analysis of intermodulation in cascaded nonlinear elements for which the individual single carrier amplitude characteristics are known.