Strong Q2 2026 Results
Allegro MicroSystems reported net sales of $214 million and non-GAAP EPS of $0.13, with a gross margin of 49.6%, exceeding the midpoint of guidance ranges.
Automotive Segment Growth
Automotive sales increased by 8% sequentially and 12% year-over-year, with e-mobility sales up by 21% year-over-year.
Data Center Segment Performance
Data center sales reached a new quarterly record, driven by server power architecture upgrades for AI workloads and increased sales of data center fan driver ICs and high-speed current sensor ICs.
Strong Design Wins
Allegro secured significant design wins in automotive, data center, and robotics applications, including ADAS and xEV systems in China and North America.
New Product Innovation
Introduction of the industry's first 10 megahertz TMR current sensor, enhancing Allegro's competitive advantage in high-voltage power systems.
Geographical Sales Growth
Sales increased in all regions except Europe, with notable growth in the Americas and China.