Earnings Releases·Oct 29, 2026, 7:09 AM ET

Allegro MicroSystems — Second Quarter 2027 Earnings Summary

Total net sales reached $276.884 million, a 29% year-over-year increase, driven by 79% growth in the Industrial and Other segment and 11% growth in Automotive; GAAP diluted EPS quadrupled to $0.12, while Non-GAAP diluted EPS doubled to $0.26.
Q3 2027 guidance projects net sales of $278–$288 million (23% YoY growth at midpoint) and Non-GAAP diluted EPS of $0.25–$0.29 (80% YoY growth at midpoint), with management expressing high confidence in exceeding mid-teens annual sales growth targets.
Strategic momentum is highlighted by record data center sales, a 40% year-over-year increase in design wins (the highest since the 2020 IPO), and bookings rising for the eighth consecutive quarter.
The company executed a $25 million voluntary debt repayment on September 30, 2026, while maintaining a cash position of $193.039 million and total debt of $287.155 million as of the quarter end.