Allegro Microsystems Inc

ALGM

Equity

ISIN null / Valor 57826702

NASDAQ (2025-12-23)

USD 27.45+2.62%

Allegro Microsystems Inc
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About company

Allegro Microsystems Inc is a leading provider of sensing and power semiconductor technologies, specializing in cutting-edge tunneling magnetoresistance (TMR) effect technology and vertical Hall technology (VHT). The company offers superior sensor solutions for the automotive and robotic industries, with a focus on industry-leading accuracy and advanced levels of automation. Allegro has been recognized for its innovative products, such as Current Sensor ICs for traction inverter systems in Battery Electric Vehicles and isolated gate driver ICs for high-power energy conversion systems. With a strong track record of pioneering advances in Hall-effect sensor ICs, Allegro is known for integrating GMR technology on semiconductor wafers to improve reliability and simplify design processes.

Summarized from source with an LLMView SourceSector: Business Services

Sales and segment growth

Total net sales were $214.3M in Q2 FY2026. Automotive sales were $155.8M and Industrial & Other were $58.4M. Management cited e‑Mobility growth of 21% YoY and Industrial & Other growth of 23% YoY, with data center demand supporting the Industrial increase.

Profitability (GAAP vs. non‑GAAP)

GAAP gross margin was 46.3% and GAAP operating margin was 2.9% in the quarter. On a non‑GAAP basis, gross margin was 49.6% and operating margin was 13.9%.

Earnings per share

GAAP diluted EPS was $0.03 for the quarter; non‑GAAP diluted EPS was $0.13, a year‑over‑year increase of more than 60%.

Guidance for Q3 FY2026

For the quarter ending December 26, 2025, Allegro expects net sales of $215–$225M (midpoint implying ~24% YoY growth). Non‑GAAP guidance: gross margin 49–51%, interest expense ~ $5M, and diluted EPS $0.12–$0.16. The company did not provide a GAAP reconciliation for the forward non‑GAAP measures.

Momentum and design wins

Management noted broad Automotive strength (e‑Mobility and Other Auto) and record data center sales for Industrial. Year‑to‑date design wins are well ahead of fiscal 2025, with Q2 wins led by e‑Mobility and data center.

Summarized from source with an LLMView Source

Key figures

22.8%1Y

-9.23%3Y

10.6%5Y

Performance

59.1%1Y

50.7%3Y

48.9%5Y

Volatility