NASDAQ$ALGM
Allegro MicroSystems Inc · Q3 2026 earnings
Q3 2026 earnings · · Before market open · Investor relations
Briefing
Allegro MicroSystems Reports Strong Third Quarter 2026 Results with Sales Up 29% Year-Over-Year and Non-GAAP EPS More Than Doubled
Allegro MicroSystems delivered strong third quarter results, with sales reaching $229 million, exceeding guidance. Non-GAAP EPS more than doubled year-over-year to $0.15, driven by robust growth in Automotive and Industrial sales, with e-Mobility showing a significant increase.
- Sales increased 29% year-over-year and 7% quarter-over-quarter to $229 million.
- Non-GAAP diluted EPS more than doubled year-over-year to $0.15.
- Automotive sales grew 28% year-over-year, including a 46% increase in e-Mobility.
- Industrial sales increased 31% year-over-year, with a record quarter in Data Center.
Headline financials
Revenue & EPS history
Allegro MicroSystems · Revenue · Quarterly
$229M
Revenue by segment
Allegro MicroSystems · $890M total across 2 segments · Q4 2026
- Automotive$629M—70.6%
- Industrial and Other$262M—29.4%
Forward guidance
For the fourth quarter of fiscal year 2026, Allegro MicroSystems expects total net sales to be in the range of $230 million to $240 million, implying a 22% year-over-year growth at the midpoint.
Tailwinds
- Total net sales expected to be between $230 million and $240 million.
- Implied growth in net sales of 22% year-over-year at the midpoint.
- Gross Margin expected to be between 49% and 51% on a non-GAAP basis.
- Diluted Earnings per Share expected to be between $0.14 and $0.18 on a non-GAAP basis.
- Term loan repriced down 25 basis points to SOFR plus 175 basis points, resulting in an additional $700,000 reduction in annualized interest expense.
Headwinds
- Operating expenses are expected to increase by approximately 3% sequentially to $81 million due to annual payroll tax resets.
- Interest expense is expected to be approximately $5 million.
- Reconciliation of non-GAAP outlook to GAAP measures not provided due to unreasonable efforts.
- Certain factors materially significant to estimating these items are out of control and/or cannot be reasonably predicted.
- No specific negative guidance points were explicitly stated beyond the increase in operating expenses.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 19 quarterly earnings reports · overlaid with Q3 2026
+1.4%
Avg return
Earnings day
+3.1%
Avg return
5 days after
+5.9%
Avg return
30 days after
62%
16 / 26 earnings
Positive
+15.2%
Q3 2023
Best reaction
-16.3%
Q1 2024
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q4 2026 | -6.7% | — | — | |
| Q3 2026 | +9.8% | +12.6% | +5.6% | |
| Q2 2026 | -1.3% | -10.7% | -13.2% | |
| Q1 2026 | -7.2% | -7.8% | -8.9% | |
| Q4 2025 | +12.7% | +40.7% | +54.1% | |
| Q3 2025 | +5.0% | +4.8% | -2.4% | |
| Q2 2025 | -5.0% | -7.1% | -2.2% | |
| Q1 2025 | -5.2% | -11.4% | +2.0% | |
| Q4 2024 | -8.9% | -2.8% | +0.1% | |
| Q3 2024 | +10.5% | +14.0% | +25.2% | |
| Q2 2024 | +1.3% | +1.6% | +5.9% | |
| Q1 2024 | -16.3% | -17.6% | -25.9% | |
| Q4 2023 | +4.8% | +3.2% | +5.7% | |
| Q3 2023 | +15.2% | +20.7% | +28.3% | |
| Q2 2023 | +11.8% | +14.0% | +36.5% | |
| Q1 2023 | +3.9% | +6.4% | +2.2% | |
| Q4 2022 | -9.4% | -6.6% | -3.2% | |
| Q3 2022 | +0.9% | -2.0% | -5.1% | |
| Q2 2022 | +2.0% | -4.0% | -5.4% | |
| Q1 2021 | +8.4% | +11.6% | +20.3% | |
| Q1 2022 | +8.4% | +11.6% | +20.3% | |
| Q4 2020 | +3.1% | -0.7% | +11.7% | |
| Q4 2021 | +3.1% | -0.7% | +11.7% | |
| Q3 2020 | -4.4% | -0.6% | -16.2% | |
| Q3 2021 | -4.4% | -0.6% | -16.2% | |
| Q2 2021 | +5.5% | +9.4% | +17.4% | |
| Q2 2020 | — | — | — | |
| Q1 2020 | — | — | — |
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