Filing Flows › Alpha & Omega Semiconductor (AOSL) › Q1 FY26
Alpha & Omega Semiconductor (AOSL) Q1 FY26 earnings results (first quarter fiscal 2026)
10-Q filed Nov 6, 2025
Alpha & Omega Semiconductor (AOSL) reported revenue of $183M for the first quarter fiscal 2026 (Q1 FY26), +0.3% from a year earlier and +3% from the quarter before. Operating margin was -2.5%, net loss $2.1M (1.2% of revenue).
Alpha & Omega Semiconductor, Q1 FY26: revenue $183M (+0.3% year over year), operating margin -2.5%, net loss $2.1M, operating cash flow $10.2M. The chart follows the revenue to costs, profit and cash.
| Q1 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $183M | +3% | +0.3% |
| Operating profit | −$4.6M | — | — |
| Net earnings | −$2.1M | — | — |
| Operating cash flow | $10.2M | — | -8% |
| Free cash flow | $420K | — | -90% |
What changed
Revenue was $182.5M in Q1 FY26, roughly flat year over year and up 3% from the previous quarter. Power discrete was the largest line at 59% of revenue. Power IC added $19.8M year over year (up 37%), 3220% of the total change. Power discrete declined 11%.
Gross margin was 23.5%, down 1.0 points from a year earlier. Operating costs exceeded revenue by $4.6M, an operating margin of -2.5%. Operating expenses grew 6% against flat revenue. The quarter ended with a net loss of $2.1M, narrower than the previous quarter's $77.1M loss. Non-operating items added $4.4M, -2251% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was $10.2M (down 8% year over year). Non-cash charges added back $14.3M of depreciation and amortization and $7.1M of share-based compensation. Working capital and other items used $9.2M. Capital expenditures of $9.8M left free cash flow of $420K.
Questions
What was Alpha & Omega Semiconductor's revenue in the first quarter fiscal 2026?
Alpha & Omega Semiconductor (AOSL) reported revenue of $183M for the first quarter fiscal 2026 (Q1 FY26), +0.3% from a year earlier and +3% from the quarter before.
Was Alpha & Omega Semiconductor profitable in the first quarter fiscal 2026?
Operating loss was $4.6M (-2.5% of revenue) and net loss $2.1M.