The earnings call for Allegro MicroSystems presented a positive outlook with strong first-quarter results exceeding expectations in sales and gross margins. Automotive and Industrial segments showed robust growth, supported by strategic design wins and innovative product releases. However, challenges persist in the form of mixed signals from the automotive market, competition and geopolitical issues in China, and slightly elevated operating expenses. Overall, the company's performance and strategic initiatives outweigh the concerns.

Company Guidance -

Q2 2026

During Allegro MicroSystems' first-quarter fiscal year 2026 earnings call, the company reported sales of $203 million, exceeding the high end of their guidance, with a gross margin of 48.2%. Non-GAAP earnings per share were $0.09, also surpassing expectations. The company highlighted strong bookings and an increasing backlog, with e-Mobility leading automotive sales growth, particularly in current sensors for xEV applications. Industrial sales, including Data Center and Robotics, also showed strength, contributing to a 22% year-over-year sales increase. Allegro's strategic focus on relentless innovation was emphasized, with new product releases like the ASIL-C current sensor and a 48-volt motor driver IC. For the second quarter, Allegro projects sales between $205 million and $215 million, with a gross margin between 48% and 50%, and non-GAAP EPS expected to range from $0.10 to $0.14.

Strong First Quarter Results

Sales and gross margin exceeded guidance ranges at $203 million and 48.2%, respectively. Non-GAAP EPS of $0.09 was above the midpoint of guidance.

Automotive Sales Growth

E-Mobility led automotive sales growth with a 16% sequential increase and 31% year-over-year growth, driven by current sensors for xEV applications.

Industrial and Other Sales Increase

Industrial and Other sales increased by 11% sequentially and 50% year-over-year, with contributions from Data Center, Robotics, Automation, and Clean Energy.

Innovative Product Releases

Released an innovative ASIL-C current sensor and a 48-volt motor driver IC, improving efficiency and cost-effectiveness in automotive and data center applications.

Strong Design Win Activity

Over 75% of first-quarter design wins were in strategic focus areas, with significant wins in e-Mobility and Data Center.

Positive Gross Margin Trends

Gross margin increased by 260 basis points sequentially, achieving 48.2%, driven by cost optimizations and improved pricing leverage.

Allegro MicroSystems (ALGM) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

ALGM Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Oct 23, 2025	2026 (Q2)	0.12 / -	0.08	―	―	―
Jul 31, 2025	2026 (Q1)	0.08 / 0.09	0.03	200.00% (+0.06)
May 08, 2025	2025 (Q4)	0.05 / 0.06	0.25	-76.00% (-0.19)
Jan 30, 2025	2025 (Q3)	0.06 / 0.07	0.32	-78.13% (-0.25)
Oct 31, 2024	2025 (Q2)	0.06 / 0.08	0.4	-80.00% (-0.32)	―
Aug 01, 2024	2025 (Q1)	0.02 / 0.03	0.39	-92.31% (-0.36)
May 09, 2024	2024 (Q4)	0.21 / 0.25	0.37	-32.43% (-0.12)
Feb 01, 2024	2024 (Q3)	0.29 / 0.32	0.35	-8.57% (-0.03)	―
Nov 02, 2023	2024 (Q2)	0.37 / 0.40	0.31	29.03% (+0.09)	―
Aug 01, 2023	2024 (Q1)	0.37 / 0.39	0.24	62.50% (+0.15)	―

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
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%
Oct 31, 2024	$22.22	$20.84	-6.21%

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 Oct 23, 2025, Before Open (Confirmed).

What is Allegro MicroSystems (ALGM) earnings time?

Allegro MicroSystems (ALGM) earnings time is at Oct 23, 2025, 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 (Q2) is 0.12.

Become an Expert with TipRanks Premium

What am I Missing?

Make informed decisions based on Top Analysts' activity

Know what industry insiders are buying

Get actionable alerts from top Wall Street Analysts

Find out before anyone else which stock is going to shoot up

Get powerful stock screeners & detailed portfolio analysis

Subscribe Now See Plans & Pricing