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Allegro MicroSystems (ALGM)
NASDAQ:ALGM
Earnings Data
Report Date
May 07, 2026Before Open (Confirmed)
Period Ending
2026 (Q4)Consensus EPS Forecast
0.17Last Year’s EPS
0.06Same Quarter Last Year
Strong Buy
Based on 8 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call conveyed strong operational momentum: above‑guide revenue and EPS, double‑digit year‑over‑year sales growth, record data center contribution, robust cash generation, meaningful design wins across strategic end markets, and constructive Q4 guidance. Challenges include modest pricing pressure (low single‑digit ASP declines), mix/geography impacts (China exposure) that slightly pressured margins, automotive shipments still below peak levels, and near‑term OpEx increases tied to variable compensation and payroll resets. Overall, the positives (solid growth, margin improvement, product innovation and healthy cash flow) substantially outweighed the noted headwinds.Company Guidance
Revenue and EPS Beat
Q3 net sales were $229 million, above the high end of guidance. Non-GAAP EPS was $0.15, above the midpoint. Q3 sales increased 7% sequentially and 29% year‑over‑year; EPS increased 15% sequentially and 114% year‑over‑year.
Improving Profitability and Strong Margins
Q3 gross margin was 49.9% (up ~30 basis points sequentially), operating margin was 15.4% (up 150 bps sequentially), and adjusted EBITDA was 20.1% of sales.
Robust Cash Generation and Liquidity
Operating cash flow was $45 million, CapEx $4 million, free cash flow $41 million (18% of Q3 sales). Cash balance ended at $163 million and available credit of $256 million remains untapped.
Strong End‑market Growth — Automotive and Industrial
Automotive sales grew 6% sequentially and 28% year‑over‑year; eMobility sales increased 46% year‑over‑year. Industrial & other sales rose 11% sequentially and 31% year‑over‑year, led by data center strength.
Data Center Momentum and New Product Ramps
Data center reached a new quarterly record at 10% of sales (up 31% sequentially). Fan driver ICs remain the largest contributor; current sensors and newly sampled isolated SiC gate drivers are beginning to ramp, expanding future content.
Design Wins, Bookings and Backlog Strength
Management reported multi‑quarter highs in bookings and backlog and significant design wins across ADAS, XEV, data center and robotics (including wins for position sensors, motor drivers, onboard charging and traction inverters).
Product Innovation
Introduced a compact current sensor that can measure up to 200A and reportedly cut power‑related losses by up to 90%; released first isolated gate driver IC for silicon carbide transistors and are broadly sampling to market leaders.
Positive Q4 Guidance and Balance Sheet Actions
Q4 sales guidance of $230–$240 million (midpoint ~22% YoY growth). Gross margin guidance 49–51% (midpoint implies ~440 bps improvement vs prior year). Term loan repriced down 25 bps to SOFR +175 bps reflecting lender confidence.
ALGM Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
ALGM Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Oct 30, 2025 | $30.74 | $30.27 | -1.53% |
Jul 31, 2025 | $33.87 | $31.41 | -7.26% |
May 08, 2025 | $18.69 | $21.07 | +12.73% |
Jan 30, 2025 | $22.85 | $24.00 | +5.03% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Allegro MicroSystems (ALGM) report earnings?
Allegro MicroSystems (ALGM) is schdueled to report earning on May 07, 2026, Before Open (Confirmed).
What is Allegro MicroSystems (ALGM) earnings time?
Allegro MicroSystems (ALGM) earnings time is at May 07, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is ALGM EPS forecast?
ALGM EPS forecast for the fiscal quarter 2026 (Q4) is 0.17.