Filing Flows › Allegro Microsystems (ALGM) › Q2 FY27
Allegro Microsystems (ALGM) Q2 FY27 earnings results (second quarter fiscal 2027)
10-Q filed Oct 30, 2026
Allegro Microsystems (ALGM) reported revenue of $277M for the second quarter fiscal 2027 (Q2 FY27), +29% from a year earlier and +7% from the quarter before. Operating margin was 12.8%, net earnings $23.3M (8.4% of revenue).
Allegro Microsystems, Q2 FY27: revenue $277M (+29% year over year), operating margin 12.8%, net earnings $23.3M, operating cash flow $36.8M. The chart follows the revenue to costs, profit and cash.
| Q2 FY27 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $277M | +7% | +29% |
| Gross profit | $136M | +8% | +37% |
| Operating profit | $35.4M | +39% | +468% |
| Net earnings | $23.3M | +46% | +254% |
| Operating cash flow | $36.8M | +68% | +81% |
| Free cash flow | $30.5M | +118% | +119% |
What changed
Revenue was $276.9M in Q2 FY27, up 29% year over year and up 7% from the previous quarter. Magnetic Sensors was the largest line at 57% of revenue. Power Integrated Circuits added $35.3M year over year (up 42%), 56% of the total change.
Gross margin was 49.2%, up 2.8 points from Q2 FY26. Operating profit was $35.4M, a 12.8% margin (up 9.9 points year over year). Of the extra revenue versus Q2 FY26, 47% reached operating profit, above the 3% margin then. Operating expenses grew 8% against revenue growth of 29%. Net earnings were $23.3M, up 257% year over year. The effective tax rate was 16.2%.
Operating cash flow was $36.8M (up 81% year over year), 158% of net earnings. Non-cash charges added back $17.2M of depreciation and amortization and $14.1M of share-based compensation. Working capital and other items used $17.9M. Capital expenditures of $6.3M left free cash flow of $30.5M.
Questions
What was Allegro Microsystems' revenue in the second quarter fiscal 2027?
Allegro Microsystems (ALGM) reported revenue of $277M for the second quarter fiscal 2027 (Q2 FY27), +29% from a year earlier and +7% from the quarter before.
Was Allegro Microsystems profitable in the second quarter fiscal 2027?
Operating profit was $35.4M (12.8% of revenue) and net earnings $23.3M.