Allegro MicroSystems, Inc. (ALGM) Earnings
Allegro MicroSystems, Inc. is expected to report next earnings on July 30, 2026 (in NaN days), with a consensus EPS estimate of $0.21. ALGM has beaten EPS estimates in 11 of its last 12 reported quarters (average surprise +4.9% over the last four).
| Report date | EPS est | EPS actual | Surprise | Revenue | Rev. surprise |
|---|---|---|---|---|---|
| May 7, 2026 | $0.16 | $0.17 | +4.2% | $243M | +3.1% |
| Jan 29, 2026 | $0.14 | $0.15 | +7.1% | $229M | -2.9% |
| Oct 30, 2025 | $0.12 | $0.13 | +8.3% | $214M | -0.8% |
| Jul 31, 2025 | $0.09 | $0.09 | +0.0% | $203M | -2.8% |
| May 8, 2025 | $0.05 | $0.06 | +20.0% | $193M | -0.4% |
| Jan 30, 2025 | $0.06 | $0.07 | +16.7% | $178M | -4.0% |
| Oct 31, 2024 | $0.06 | $0.08 | +33.3% | $187M | -0.1% |
| Aug 1, 2024 | $0.02 | $0.03 | +47.9% | $167M | +0.9% |
| May 9, 2024 | $0.21 | $0.25 | +19.0% | $241M | +2.4% |
| Feb 1, 2024 | $0.29 | $0.32 | +10.3% | $255M | -0.0% |
| Nov 2, 2023 | $0.37 | $0.40 | +8.1% | $276M | +0.2% |
| Aug 1, 2023 | $0.37 | $0.39 | +5.4% | $278M | +1.2% |
Source: company filings + earnings calendar. For informational purposes only — not investment advice.
Earnings call summary
Q4 FY2026 · May 7, 2026
AI summary of management’s prepared remarks and analyst Q&A. For informational purposes only — not investment advice.
Management highlights
FY26 sales were $890 million, up 23% year-over-year. Automotive end markets had 30% growth in FY26, including XEV and ADAS. Industrial and other end markets had 38% growth in FY26, led by data center and robotics and automation. Fiscal 26 design wins increased over 30% year-over-year. Focus Auto led automotive design win activity, and data center led industrial design wins. Backlog was at a multi-year high. R&D investments focus on differentiated sensor and power technology, with Allegro holding number one position in magnetic sensing, and TMR technology representing ~30% of sensor product releases in FY26.
Guidance
First quarter fiscal 2027 sales expected to be in range of $245 to $255 million, midpoint 23% year-over-year increase. Non-GAAP gross margin expected between 50 and 51%. Operating expenses expected to decline sequentially to $80 million plus or minus $2 million. Interest expenses projected at $4 million. Non-GAAP tax rate expected ~9%. Non-GAAP EPS expected between 19 and 23 cents per share.
Segment performance
In fiscal 2026, automotive end markets saw focus auto sales (including XEV and ADAS) increase 30% to $629 million, which was 71% of total sales. Industrial and other end markets grew 38% year-over-year to $261 million, 10% of total FY26 sales. Fourth quarter industrial and other sales increased 23% sequentially, with data center accounting for 14% of Q4 sales, up from 10% in Q3 and 8% in Q2.
Analyst Q&A
Q: Gary Mobley asked about backlogs and revenue KPIs by end market.
A: Mike said in last 90 days, data center current sensors ramping and automotive has good signs of strength with design wins.
Q: Quinn Bolton asked about durability of data center growth and product mix.
A: Mike said data center growth rate well north of 20% in FY27, majority still fan drivers with current sensors ramping, isolated gate driver business 18-24 months out.
Q: Joe Quattrochi asked about Focus Auto in March quarter and industrial side.
A: Mike said Focus Auto up ~30% year over year in FY26, positive on future, industrial side has strength in factory automation, energy infrastructure, two-wheeler market.
Q: Timothy Arcuri asked about data center guidance and foundry costs.
A: Derek said data center growth still significant, foundry costs not biggest headwind, biggest headwinds gold and fuel charges, select price increases beginning at end of Q1.
Q: Jay Rakesh asked about data center content growth and auto memory constraints.
A: Mike said data center content growth driven by architectures, no impact of material shortages on auto orders.
Q: Tom O'Malley asked about auto seasonality and China EV exports.
A: Mike said auto guide up couple of percentage points in Q1, confident in China business with good dollar content in Chinese OEMs.
Q: Joshua Bacalter asked about auto inventories and data center fan exposure.
A: Mike said thin auto inventories with no clear restocking signs, data center fan demand still growing with fans in power supplies despite liquid cooling for GPUs.