Allegro MicroSystems Inc · Q1 2027 earnings

Briefing

Allegro MicroSystems reported Q1 2027 net sales of $259 million, up 27% year-over-year, with GAAP diluted EPS of $0.08 and non-GAAP diluted EPS of $0.23.

Allegro MicroSystems delivered strong Q1 2027 results with net sales reaching $259.2 million, driven by robust growth in both Automotive and Industrial segments. GAAP operating income turned positive at $25.5 million, while non-GAAP operating margin expanded to 19.4%. The company highlighted record data center contributions and continued momentum in xEV and ADAS applications.

• Net sales grew 27% YoY to $259.2 million, with Automotive at $165.3 million and Industrial and Other at $93.9 million.
• GAAP diluted EPS improved to $0.08 from a $0.07 loss; non-GAAP diluted EPS rose to $0.23, more than 2.5x prior year.
• Non-GAAP gross margin reached 51.1% and non-GAAP operating margin expanded to 19.4%.
• Q2 2027 guidance calls for net sales of $265-275 million and non-GAAP EPS of $0.23-0.26.

Headline financials

Revenue & EPS history

For Q2 FY2027 ending September 25, 2026, the company expects net sales of $265-275 million (26% YoY growth at midpoint) and non-GAAP diluted EPS of $0.23-0.26.