Filing Flows › Alpha & Omega Semiconductor (AOSL) › Q3 FY26
Alpha & Omega Semiconductor (AOSL) Q3 FY26 earnings results (third quarter fiscal 2026)
10-Q filed May 6, 2026
Alpha & Omega Semiconductor (AOSL) reported revenue of $164M for the third quarter fiscal 2026 (Q3 FY26), -0.5% from a year earlier and +0.9% from the quarter before. Operating margin was -8.6%, net loss $13.8M (8.4% of revenue).
Alpha & Omega Semiconductor, Q3 FY26: revenue $164M (-0.5% year over year), operating margin -8.6%, net loss $13.8M, operating cash flow −$8.3M. The chart follows the revenue to costs, profit and cash.
| Q3 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $164M | +0.9% | -0.5% |
| Operating profit | −$14.1M | — | — |
| Net earnings | −$13.8M | — | — |
| Operating cash flow | −$8.3M | — | -213% |
What changed
Revenue was $163.8M in Q3 FY26, down 1% year over year and up 1% from the previous quarter. Power discrete was the largest line at 70% of revenue. Power IC lost $7.7M year over year (down 14%), 912% of the total change.
Gross margin was 21.1%, down 0.3 points from Q3 FY25. Operating costs exceeded revenue by $14.1M, an operating margin of -8.6%. Operating expenses grew 6% against a revenue fall of 1%. The fastest-growing cost line was Research & development (+11%). The quarter ended with a net loss of $13.8M, wider than the previous quarter's $13.3M loss.
Operating cash flow was −$8.3M. Non-cash charges added back $14.3M of depreciation and amortization and $5.1M of share-based compensation. Working capital and other items used $13.9M. Capital expenditures of $12.1M exceeded it, leaving free cash flow of −$20.5M.
Questions
What was Alpha & Omega Semiconductor's revenue in the third quarter fiscal 2026?
Alpha & Omega Semiconductor (AOSL) reported revenue of $164M for the third quarter fiscal 2026 (Q3 FY26), -0.5% from a year earlier and +0.9% from the quarter before.
Was Alpha & Omega Semiconductor profitable in the third quarter fiscal 2026?
Operating loss was $14.1M (-8.6% of revenue) and net loss $13.8M.