Filing Flows › Allegro Microsystems (ALGM) › Q2 FY26
Allegro Microsystems (ALGM) Q2 FY26 earnings results (second quarter fiscal 2026)
10-Q filed Oct 31, 2025
Allegro Microsystems (ALGM) reported revenue of $214M for the second quarter fiscal 2026 (Q2 FY26), +14% from a year earlier and +5% from the quarter before. Operating margin was 2.9%, net earnings $6.6M (3.1% of revenue).
Allegro Microsystems, Q2 FY26: revenue $214M (+14% year over year), operating margin 2.9%, net earnings $6.6M, operating cash flow $20.4M. The chart follows the revenue to costs, profit and cash.
| Q2 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $214M | +5% | +14% |
| Operating profit | $6.2M | — | — |
| Net earnings | $6.6M | — | — |
| Operating cash flow | $20.4M | -67% | +31% |
| Free cash flow | $13.9M | -73% | +150% |
What changed
Revenue was $214.3M in Q2 FY26, up 14% year over year and up 5% from the previous quarter. Magnetic Sensors was the largest line at 61% of revenue. Power Integrated Circuits added $24.9M year over year (up 42%), 92% of the total change.
Gross margin was 46.3%, up 0.6 points from a year earlier. Operating profit was $6.2M, a 2.9% margin (up 0.7 points year over year). Of the extra revenue versus a year earlier, 8% reached operating profit, above the 2% margin then. Operating expenses grew 14% against revenue growth of 14%. The fastest-growing cost line was Research & development (+17%). Net earnings were $6.5M.
Operating cash flow was $20.4M (up 31% year over year), 309% of net earnings. Non-cash charges added back $16.6M of depreciation and amortization and $13.7M of share-based compensation. Working capital and other items used $16.5M. Capital expenditures of $6.4M left free cash flow of $13.9M.
Questions
What was Allegro Microsystems' revenue in the second quarter fiscal 2026?
Allegro Microsystems (ALGM) reported revenue of $214M for the second quarter fiscal 2026 (Q2 FY26), +14% from a year earlier and +5% from the quarter before.
Was Allegro Microsystems profitable in the second quarter fiscal 2026?
Operating profit was $6.2M (2.9% of revenue) and net earnings $6.6M.