Allegro MicroSystems, Inc. Earnings Recaps
Q4 2026
May 9, 2026
Allegro's stock declined 4.7% post-earnings as investors reacted negatively to a cautious outlook and signs of deceleration in key metrics, overshadowing solid top-line growth and margin gains.
Key takeaways
- Fiscal 2026 sales grew 23% year-over-year to $890 million, driven by 17% automotive growth and a 38% increase in industrial and other end markets.
- Fourth quarter EPS of $0.17 nearly tripled year-over-year; full year EPS more than doubled to $0.54 per share, reflecting operational leverage and product mix.
- Data center sales surged 41% sequentially in Q4 to 14% of total sales, benefiting from expanding product adoption in fans, power supplies, and new high-voltage architectures.
- Automotive xEV and ADAS sales increased 30% in FY '26, but the overall auto growth of 17% indicates inventory digestion remains a headwind.
- Despite design win momentum and a strong backlog, management’s cautious tone on near-term demand and evolving market conditions pressured the stock.
Q3 2026
Jan 29, 2026
Allegro MicroSystems reported strong third-quarter results for Fiscal Year 2026, with sales reaching $229 million and EPS of $0.15, driven by robust automotive and data center performance.
Key takeaways
- Sales increased by 29% year-over-year, with automotive sales growing 28% year-over-year, led by eMobility, ADAS, and XEV contributions.
- Data center sales set a new quarterly record at 10% of total sales, up 31% sequentially, driven by demand for AI servers and new product introductions.
- Introduced innovative products including a high-performance current sensor and isolated gate driver ICs, enhancing competitive advantage in key markets.