Filing Flows › Allegro Microsystems (ALGM) › Q1 FY26
Allegro Microsystems (ALGM) Q1 FY26 earnings results (first quarter fiscal 2026)
10-Q filed Aug 1, 2025
Allegro Microsystems (ALGM) reported revenue of $203M for the first quarter fiscal 2026 (Q1 FY26), +22% from a year earlier and +5% from the quarter before. Operating margin was -1.3%, net loss $13.2M (6.5% of revenue).
Allegro Microsystems, Q1 FY26: revenue $203M (+22% year over year), operating margin -1.3%, net loss $13.2M, operating cash flow $61.6M. The chart follows the revenue to costs, profit and cash.
| Q1 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $203M | +5% | +22% |
| Operating profit | −$2.7M | — | — |
| Net earnings | −$13.2M | — | — |
| Operating cash flow | $61.6M | +203% | +80% |
| Free cash flow | $51.0M | +241% | +120% |
What changed
Revenue was $203.4M in Q1 FY26, up 22% year over year and up 5% from the previous quarter. Magnetic Sensors was the largest line at 64% of revenue. Power Integrated Circuits added $22.4M year over year (up 43%), 61% of the total change.
Gross margin was 44.9%, up 0.1 points from a year earlier. Operating costs exceeded revenue by $2.7M, an operating margin of -1.3%. Operating expenses grew 10% against revenue growth of 22%. The fastest-growing cost line was SG&A (+18%). The quarter ended with a net loss of $13.2M, narrower than the previous quarter's $14.7M loss. Net interest and other expense of $7.3M was the main reason.
Operating cash flow was $61.6M (up 80% year over year). Non-cash charges added back $16.2M of depreciation and amortization and $10.8M of share-based compensation. Working capital and other items added $47.8M. Capital expenditures of $10.6M left free cash flow of $51.0M.
Questions
What was Allegro Microsystems' revenue in the first quarter fiscal 2026?
Allegro Microsystems (ALGM) reported revenue of $203M for the first quarter fiscal 2026 (Q1 FY26), +22% from a year earlier and +5% from the quarter before.
Was Allegro Microsystems profitable in the first quarter fiscal 2026?
Operating loss was $2.7M (-1.3% of revenue) and net loss $13.2M.