Allegro (ALGM) Q1 Revenue Jumps 22%
Allegro MicroSystems (NASDAQ:ALGM), a semiconductor developer known for its magnetic sensor integrated circuits (ICs) and power ICs used in automotive and industrial products, released its Q1 FY2026 earnings on July 31, 2025. The company reported revenue of $203.4 million, a 22% increase from the previous year, but fell short of analysts' GAAP revenue estimates by $33.3 million. Non-GAAP earnings per share landed at $0.09, significantly below consensus expectations of $0.20, even as it represented a threefold increase from the prior year on a non-GAAP basis. Overall, the company delivered growth in key segments and strong cash generation, but also highlighted ongoing challenges with demand visibility and market execution due to missed expectations.
Source: Analyst estimates provided by FactSet. Management expectations based on management's guidance, as provided in Q4 2025 earnings report.
Allegro MicroSystems develops semiconductor technologies focused on magnetic sensor ICs and power ICs, which play a key role in applications like electric vehicles (EVs), advanced driver assistance systems, and industrial automation. Its customers span automotive manufacturers, industrial equipment makers, data center infrastructure suppliers, and medical technology firms.
Source Fool.com
