Filing Flows › Alpha & Omega Semiconductor (AOSL) › Q1 FY27
Alpha & Omega Semiconductor (AOSL) Q1 FY27 earnings results (first quarter fiscal 2027)
10-Q filed Nov 6, 2026
Alpha & Omega Semiconductor (AOSL) reported revenue of $178M for the first quarter fiscal 2027 (Q1 FY27), -3% from a year earlier and +4% from the quarter before. Operating margin was -5.1%, net loss $6.1M (3.5% of revenue).
Alpha & Omega Semiconductor, Q1 FY27: revenue $178M (-3% year over year), operating margin -5.1%, net loss $6.1M, operating cash flow $5.6M. The chart follows the revenue to costs, profit and cash.
| Q1 FY27 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $178M | +4% | -3% |
| Operating profit | −$9.0M | — | — |
| Net earnings | −$6.1M | — | — |
| Operating cash flow | $5.6M | — | -45% |
What changed
Revenue was $177.8M in Q1 FY27, down 3% year over year and up 4% from the previous quarter. Power discrete was the largest line at 77% of revenue. Power IC lost $34.0M year over year (down 47%), 717% of the total change.
Gross margin was 24.5%, up 1.0 points from Q1 FY26. Operating costs exceeded revenue by $9.0M, an operating margin of -5.1%. Operating expenses grew 11% against a revenue fall of 3%. The fastest-growing cost line was Research & development (+18%). The quarter ended with a net loss of $6.1M, narrower than the previous quarter's $13.1M loss. Non-operating items added $4.4M, -95% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was $5.6M (down 45% year over year). Non-cash charges added back $14.6M of depreciation and amortization and $7.1M of share-based compensation. Working capital and other items used $10.0M. Capital expenditures of $9.2M exceeded it, leaving free cash flow of −$3.6M.
Questions
What was Alpha & Omega Semiconductor's revenue in the first quarter fiscal 2027?
Alpha & Omega Semiconductor (AOSL) reported revenue of $178M for the first quarter fiscal 2027 (Q1 FY27), -3% from a year earlier and +4% from the quarter before.
Was Alpha & Omega Semiconductor profitable in the first quarter fiscal 2027?
Operating loss was $9.0M (-5.1% of revenue) and net loss $6.1M.