Alpha and Omega Semiconductor Limited (AOSL) Earnings
Alpha and Omega Semiconductor Limited is expected to report next earnings on August 5, 2026 (in NaN days), with a consensus EPS estimate of $-0.23. AOSL has beaten EPS estimates in 8 of its last 12 reported quarters (average surprise +61.9% over the last four).
| Report date | EPS est | EPS actual | Surprise | Revenue | Rev. surprise |
|---|---|---|---|---|---|
| May 6, 2026 | $-0.34 | $-0.28 | +17.6% | $164M | +2.3% |
| Feb 5, 2026 | $-0.08 | $-0.16 | -100.0% | $162M | +1.4% |
| Nov 5, 2025 | $0.10 | $0.13 | +30.0% | $183M | +2.7% |
| Aug 6, 2025 | $-0.01 | $0.02 | +300.0% | $176M | -2.6% |
| Feb 5, 2025 | $0.08 | $0.09 | +12.5% | $173M | +1.8% |
| Feb 6, 2024 | $0.15 | $0.24 | +60.0% | $165M | +0.2% |
| May 4, 2023 | $-0.21 | $-0.21 | +0.0% | $133M | +1.9% |
| Feb 6, 2023 | $0.91 | $0.67 | -26.4% | $189M | -3.2% |
| Nov 3, 2022 | $1.21 | $1.20 | -0.8% | $208M | -0.7% |
| Aug 10, 2022 | $0.86 | $0.95 | +10.5% | $194M | +2.1% |
| May 5, 2022 | $1.18 | $1.34 | +13.6% | $203M | +4.7% |
| Feb 7, 2022 | $1.05 | $1.20 | +14.3% | $193M | +2.8% |
Source: company filings + earnings calendar. For informational purposes only — not investment advice.
Earnings call summary
Q3 FY2026 · May 6, 2026
AI summary of management’s prepared remarks and analyst Q&A. For informational purposes only — not investment advice.
Management highlights
- Delivered fiscal Q3 revenue slightly above midpoint of guidance, with strength in advanced computing offsetting softness in PC markets. - Strategy to become application-specific total solutions provider is executing well, with progress in advanced computing. - Active expansion of medium voltage capacity to support growth in advanced computing. - Using levers like improved product mix, total solutions approach, and disciplined R&D investment to protect growth. - Segment results and guidance for next quarter discussed, including expectations for computing, consumer, communications, and power supply and industrial segments
Guidance
- Expect revenue for June quarter to be approximately $168 million plus or minus $10 million. - Gap gross margin expected to be 22.3% plus or minus 1%. - Non-GAAP growth margin anticipated to be 23% plus or minus 1%. - GAAP operating expenses expected to be $52 million plus or minus $1 million. - Non-GAAP operating expenses expected to be $45.5 million plus or minus $1 million. - Interest income to be $1 million higher than interest expense. - Income tax expense in range of $1 million to $1.2 million
Segment performance
Computing: March quarter revenue was up 2.1% year-over-year and down 0.1% sequentially, representing 49.1% of total revenue. Advanced computing, including AI servers and graphics cards, showed strong growth, with advanced computing representing 25% of the computing segment. Consumer: March quarter revenue was down 9.8% year over year and up 0.8% sequentially, representing 11.8% of total revenue. Communications: March quarter revenue was up 18.7% year-over-year and up 1.9% sequentially, representing 20.6% of total revenue. Power supply and industrial: Accounted for 17.4% of total revenue, down 13.1% year-over-year and up 5.3% sequentially
Risks & headwinds
- Memory supply constraints and price pressures represent headwinds for second half of calendar 2026. - Rising memory pricing could impact overall smartphone demand, particularly in price sensitive segments and regions. - Uncertainty in PC market with industry forecasts revised lower
Analyst Q&A
Q: Regarding gross margin and advanced computing revenue, how to square gross margin with data center/AI opportunities.
A: Driving margin improvement through advanced solutions like medium voltage MOSFETs in data center applications, which have decent margin and higher than some PowerIC products.
Q: Growth opportunity in advanced computing segment, where it could grow and mix.
A: Becoming sizable portion of computing segment, expected to continue growing, with R&D investment in high-performance solutions for AI.
Q: Capacity expansion for medium voltage side, where is it.
A: Mix of internal and external capacity, investing internally and diversifying supply chain.
Q: Memory supply constraint impact on PC and smartphone segments.
A: PC customers trimming bill forecasts, smartphone business more resilient in premium side due to increasing charging currents.
Q: Sequential gross margin recovery in June quarter, drivers.
A: Half due to utilization improvement, half due to improved product mix.
Q: Pricing side, marketplace and opportunity.
A: Slower ASP erosion than December quarter, counting on product mix improvement and new product development.
Q: Progress in total solutions approach, where along roadmap.
A: Clear difference in products and customer base compared to few years ago, investing to accelerate, part of path to billion dollar milestone.
Q: Strength in compute segment, subcomponents and year's linearity.
A: Growth in advanced computing (ai server, graphics, medium voltage solutions) offsetting challenges in PC and graphics, expecting momentum to continue.
Q: Rising input costs impact and mitigation.
A: Seeing some increases in input costs, managing product mix and pricing environment, already reflected in June quarter guidance