Compositional Analysis of Expected Delays in Networks of Probabilistic I/O Automata Eugene W. Stark Probabilistic I/O Automata (PIOA's) form a model for probabilistic concurrent systems that permits the hierarchical description of a large system as the composition of a number of simpler components. Scott Smolka and I have recently been looking into the problem of analyzing various properties of PIOA's in a *compositional* fashion. That is, we are interested in determining whether a large, composite PIOA has a property of interest by analyzing its components one at a time, rather than by exhaustive search of the full, global state space. Recently we have discovered such a compositional method for calculating "expected delays" in a probabilistic PIOAs. This method, which is suitable for automatic operation, involves calculations with certain vectors and matrices of rational functions that in a sense represent the behavior of a PIOA. In this talk, I will summarize the basic ideas and results leading up to this method.