Filing Flows › Alpha & Omega Semiconductor (AOSL) › Q2 FY26
Alpha & Omega Semiconductor (AOSL) Q2 FY26 earnings results (second quarter fiscal 2026)
10-Q filed Feb 5, 2026
Alpha & Omega Semiconductor (AOSL) reported revenue of $162M for the second quarter fiscal 2026 (Q2 FY26), -6% from a year earlier and -11% from the quarter before. Operating margin was -8.4%, net loss $13.3M (8.2% of revenue).
Alpha & Omega Semiconductor, Q2 FY26: revenue $162M (-6% year over year), operating margin -8.4%, net loss $13.3M, operating cash flow −$8.1M. The chart follows the revenue to costs, profit and cash.
| Q2 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $162M | -11% | -6% |
| Operating profit | −$13.6M | — | — |
| Net earnings | −$13.3M | — | — |
| Operating cash flow | −$8.1M | -180% | — |
What changed
Revenue was $162.3M in Q2 FY26, down 6% year over year and down 11% from the previous quarter. Power discrete was the largest line at 62% of revenue. Power discrete lost $12.0M year over year (down 11%), 110% of the total change.
Gross margin was 21.5%, down 1.6 points from a year earlier. Operating costs exceeded revenue by $13.6M, an operating margin of -8.4%. Operating expenses grew 5% against a revenue fall of 6%. The quarter ended with a net loss of $13.3M, wider than the previous quarter's $2.1M loss.
Operating cash flow was −$8.1M. Non-cash charges added back $14.1M of depreciation and amortization and $8.3M of share-based compensation. Working capital and other items used $17.2M. Capital expenditures of $15.0M exceeded it, leaving free cash flow of −$23.1M.
Questions
What was Alpha & Omega Semiconductor's revenue in the second quarter fiscal 2026?
Alpha & Omega Semiconductor (AOSL) reported revenue of $162M for the second quarter fiscal 2026 (Q2 FY26), -6% from a year earlier and -11% from the quarter before.
Was Alpha & Omega Semiconductor profitable in the second quarter fiscal 2026?
Operating loss was $13.6M (-8.4% of revenue) and net loss $13.3M.