Allegro Microsystems, Inc. Financials
Allegro Microsystems, Inc. (ALGM) reported $890.1M in revenue for fiscal year 2026, up 22.8% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 7 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Cash flow has rebounded faster than earnings as capex lightened and the company kept spending on R&D.
FY2026 produced negative net income of-$14.7M but free cash flow of$124.9M , showing cash generation recovered before accounting profit did. The gap widened because operating cash flow reached$163.1M while capex fell to$38.2M , so the income statement still looks heavier than the cash burden of running the business.
Revenue recovered from the FY2025 trough, but gross-margin recovery was only partial at
Liquidity remains comfortable with a 3.5x current ratio, but the balance sheet is less conservative than it was: long-term debt is
Financial Health Signals
Scored against operating companies for FY2026. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of Allegro Microsystems, Inc.'s business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Allegro Microsystems, Inc. has an operating margin of 2.1%, meaning the company retains $2 of operating profit per $100 of revenue. This results in a moderate score of 47/100, indicating healthy but not exceptional operating efficiency. This is up from -2.7% the prior year.
Allegro Microsystems, Inc.'s revenue surged 22.8% year-over-year to $890.1M, reflecting rapid business expansion. This strong growth earns a score of 13/100.
Allegro Microsystems, Inc. has a moderate D/E ratio of 0.30. This balance of debt and equity financing earns a leverage score of 39/100.
With a current ratio of 3.45, Allegro Microsystems, Inc. holds $3.45 in current assets for every $1 of short-term obligations. This comfortable liquidity earns a score of 81/100.
Allegro Microsystems, Inc. has a free cash flow margin of 14.0%, earning a moderate score of 64/100. The company generates positive cash flow after capital investments, but with room for improvement.
Allegro Microsystems, Inc. posts a -1.5% return on equity (ROE), meaning it loses $2 for every $100 of shareholders' equity. This results in a returns score of 43/100. This is up from -7.8% the prior year.
Allegro Microsystems, Inc. scores 9.95, well above the 2.99 safe threshold. The score is driven primarily by a large market capitalization ($6.9B) relative to total liabilities ($459.7M). This indicates low bankruptcy risk based on profitability, leverage, and asset efficiency.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
Allegro Microsystems, Inc. passes 6 of 9 financial strength tests. 3 of 4 profitability signals pass, 1 of 3 leverage/liquidity signals pass, both operating efficiency signals pass.
Allegro Microsystems, Inc. reported a net loss of $14.7M while generating $163.1M in operating cash flow. Operations generated cash despite the loss, but with no positive earnings behind it, the ratio between the two carries no quality signal.
Allegro Microsystems, Inc. earns $0.84 in operating income for every $1 of interest expense ($18.5M vs $22.1M). This narrow margin raises concern about the company's ability to service its debt if operating income declines.
Key Financial Metrics
Earnings & Revenue
Allegro Microsystems, Inc. generated $890.1M in revenue in fiscal year 2026. This represents an increase of 22.8% from the prior year.
Allegro Microsystems, Inc.'s EBITDA was $86.1M in fiscal year 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 92.6% from the prior year.
Allegro Microsystems, Inc. reported -$14.7M in net income in fiscal year 2026. This represents an increase of 79.9% from the prior year.
Allegro Microsystems, Inc. earned -$0.08 per diluted share (EPS) in fiscal year 2026. This represents an increase of 79.5% from the prior year.
Cash & Balance Sheet
Allegro Microsystems, Inc. generated $124.9M in free cash flow in fiscal year 2026, representing cash available after capex. This represents an increase of 468.8% from the prior year.
Allegro Microsystems, Inc. held $168.8M in cash against $285.7M in long-term debt as of fiscal year 2026.
Not reported for fiscal year 2026.
Margins & Returns
Allegro Microsystems, Inc.'s gross margin was 46.3% in fiscal year 2026, indicating the percentage of revenue retained after direct costs. This is up 1.9 percentage points from the prior year.
Allegro Microsystems, Inc.'s operating margin was 2.1% in fiscal year 2026, reflecting core business profitability. This is up 4.8 percentage points from the prior year.
Allegro Microsystems, Inc.'s net profit margin was -1.7% in fiscal year 2026, showing the share of revenue converted to profit. This is up 8.4 percentage points from the prior year.
Allegro Microsystems, Inc.'s ROE was -1.5% in fiscal year 2026, measuring profit generated per dollar of shareholder equity. This is up 6.3 percentage points from the prior year.
Capital Allocation
Allegro Microsystems, Inc. invested $205.8M in research and development in fiscal year 2026. This represents an increase of 14.6% from the prior year.
Allegro Microsystems, Inc. repurchased no shares in fiscal year 2026. This represents a decrease of 100.0% from the prior year.
Allegro Microsystems, Inc. invested $38.2M in capex in fiscal year 2026, funding long-term assets and infrastructure. This represents a decrease of 4.5% from the prior year.
ALGM Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | TTM | FY26 | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $945.9M | $890.1M+22.8% | $725.0M-30.9% | $1.0B+7.8% | $973.7M+26.7% | $768.7M+30.0% | $591.2M-9.1% | $650.1M |
| Cost of Revenue | $499.7M | $478.1M+18.5% | $403.5M-14.5% | $471.9M+35.4% | $348.4M+21.5% | $286.9M+12.8% | $254.3M-34.6% | $388.8M |
| Gross Profit | $446.3M | $412.0M+28.1% | $321.5M-44.0% | $574.5M+5.2% | $546.1M+34.0% | $407.5M+46.1% | $278.9M+6.7% | $261.3M |
| R&D Expenses | $214.5M | $205.8M+14.6% | $179.6M+1.7% | $176.6M+17.1% | $150.8M+23.8% | $121.9M+12.2% | $108.6M+6.5% | $102.1M |
| SG&A Expenses | $178.5M | $181.1M+12.0% | $161.7M-14.2% | $188.4M-1.8% | $191.9M+28.9% | $148.9M-3.0% | $153.5M+44.2% | $106.4M |
| Operating Income | $46.7M | $18.5M+193.4% | -$19.8M-110.1% | $196.2M-3.5% | $203.3M+48.8% | $136.7M+1024.0% | $12.2M-77.0% | $52.8M |
| Interest Expense | $20.2M | $22.1M-27.1% | $30.4M+182.1% | $10.8M+360.7% | $2.3M-6.5% | $2.5M-34.7% | $3.8M | N/A |
| Income Tax | -$1.9M | -$248K+98.1% | -$12.9M-130.9% | $41.9M+75.7% | $23.9M+12.6% | $21.2M+208.4% | -$19.6M-220.9% | $16.2M |
| Net Income | $14.4M | -$14.7M+79.9% | -$72.8M-147.6% | $152.9M-18.4% | $187.4M+56.7% | $119.6M+565.9% | $18.0M-51.4% | $37.0M |
| EPS (Diluted) | — | -$0.08+79.5% | -$0.39-150.0% | $0.78-19.6% | $0.97+56.5% | $0.62+520.0% | $0.10 | $3.70 |
TTM is the trailing twelve months, Q2 FY2026 through Q1 FY2027, summed from the four most recent quarterly filings. A row marked — cannot be summed at all, because a quarter in the window reports no per-share figure; a row marked N/A could be summed, but a quarter in the window does not report that metric.
ALGM Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | FY26 | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 |
|---|---|---|---|---|---|---|---|
| Total Assets | $1.4B-0.3% | $1.4B-7.2% | $1.5B+29.6% | $1.2B+32.3% | $892.6M+19.4% | $747.7M-8.6% | $817.8M |
| Current Assets | $503.6M+4.3% | $483.0M-15.6% | $572.2M-14.1% | $665.8M+30.1% | $511.7M+18.8% | $430.6M-3.9% | $448.2M |
| Cash & Equivalents | $168.8M+39.1% | $121.3M-42.8% | $212.1M-39.7% | $351.6M+24.5% | $282.4M+43.2% | $197.2M-8.1% | $214.5M |
| Inventory | $181.8M-1.2% | $183.9M+13.3% | $162.3M+7.3% | $151.3M+75.6% | $86.2M-1.5% | $87.5M-31.2% | $127.2M |
| Accounts Receivable | $93.2M+10.2% | $84.6M-28.6% | $118.5M+6.5% | $111.3M+27.4% | $87.4M+25.7% | $69.5M+16.9% | $59.5M |
| Goodwill | $203.3M+0.4% | $202.5M0.0% | $202.4M+631.0% | $27.7M+38.4% | $20.0M-0.5% | $20.1M+1464.7% | $1.3M |
| Total Liabilities | $459.7M-6.2% | $489.9M+22.8% | $398.9M+86.1% | $214.3M+36.3% | $157.3M-2.2% | $160.8M-12.5% | $183.7M |
| Current Liabilities | $145.9M+30.0% | $112.3M-4.8% | $117.9M-28.7% | $165.3M+58.6% | $104.2M-10.7% | $116.7M-22.3% | $150.1M |
| Long-Term Debt | $285.7M-17.1% | $344.7M+38.1% | $249.6M+898.4% | $25.0M0.0% | $25.0M0.0% | $25.0M | $0 |
| Total Equity | $954.7M+2.7% | $929.6M-17.8% | $1.1B+17.1% | $965.6M+31.5% | $734.2M+25.3% | $585.8M-7.5% | $633.2M |
| Retained Earnings | -$68.5M-27.8% | -$53.6M-111.6% | $463.0M+49.2% | $310.3M+152.4% | $123.0M+3362.6% | $3.6M-98.2% | $194.4M |
ALGM Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | TTM | FY26 | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $123.4M | $163.1M+163.4% | $61.9M-65.9% | $181.7M-5.9% | $193.2M+23.7% | $156.1M+29.5% | $120.6M+48.1% | $81.4M |
| Capital Expenditures | $35.6M | $38.2M-4.5% | $40.0M-68.0% | $124.8M+56.4% | $79.8M+14.1% | $69.9M+72.0% | $40.7M-10.8% | $45.6M |
| Free Cash Flow | $87.8M | $124.9M+468.8% | $22.0M-61.4% | $56.9M-49.8% | $113.4M+31.6% | $86.2M+7.9% | $79.9M+123.2% | $35.8M |
| Investing Cash Flow | -$39.1M | -$41.7M-2.2% | -$40.8M+92.1% | -$516.7M-418.3% | -$99.7M-50.4% | -$66.3M+2.9% | -$68.2M-63.7% | -$41.7M |
| Financing Cash Flow | -$51.2M | -$77.4M+30.9% | -$112.1M-156.3% | $198.9M+1094.5% | -$20.0M-276.8% | -$5.3M+92.6% | -$72.2M-187.5% | $82.5M |
| Dividends Paid | N/A | N/A | N/A | N/A | $0 | $0-100.0% | $400.0M | $0 |
| Share Buybacks | N/A | $0-100.0% | $853.9M | $0 | $0 | N/A | N/A | N/A |
TTM is the trailing twelve months, Q2 FY2026 through Q1 FY2027, summed from the four most recent quarterly filings. A row marked — cannot be summed at all, because a quarter in the window reports no per-share figure; a row marked N/A could be summed, but a quarter in the window does not report that metric.
ALGM Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples.
| Metric | FY26 | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 |
|---|---|---|---|---|---|---|---|
| Gross Margin | 46.3%+1.9pp | 44.4%-10.4pp | 54.8%-1.3pp | 56.1%+3.1pp | 53.0%+5.8pp | 47.2%+7.0pp | 40.2% |
| Operating Margin | 2.1%+4.8pp | -2.7%-21.4pp | 18.7%-2.2pp | 20.9%+3.1pp | 17.8%+15.7pp | 2.1%-6.1pp | 8.1% |
| Net Margin | -1.7%+8.4pp | -10.0%-24.6pp | 14.6%-4.7pp | 19.2%+3.7pp | 15.6%+12.5pp | 3.0%-2.6pp | 5.7% |
| Return on Equity | -1.5%+6.3pp | -7.8%-21.3pp | 13.5%-5.9pp | 19.4%+3.1pp | 16.3%+13.2pp | 3.1%-2.8pp | 5.8% |
| Return on Assets | -1.0%+4.1pp | -5.1%-15.1pp | 10.0%-5.9pp | 15.9%+2.5pp | 13.4%+11.0pp | 2.4%-2.1pp | 4.5% |
| Current Ratio | 3.45-0.9x | 4.30-0.6x | 4.85+0.8x | 4.03-0.9x | 4.91+1.2x | 3.69+0.7x | 2.99 |
| Debt-to-Equity | 0.30-0.1x | 0.37+0.2x | 0.22+0.2x | 0.030.0x | 0.030.0x | 0.040.0x | 0.00 |
| FCF Margin | 14.0%+11.0pp | 3.0%-2.4pp | 5.4%-6.2pp | 11.7%+0.4pp | 11.2%-2.3pp | 13.5%+8.0pp | 5.5% |
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Where Allegro Microsystems, Inc. Ranks
Frequently Asked Questions
What is Allegro Microsystems, Inc.'s annual revenue?
Allegro Microsystems, Inc. (ALGM) reported $890.1M in total revenue for fiscal year 2026. This represents a 22.8% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Allegro Microsystems, Inc.'s revenue growing?
Allegro Microsystems, Inc. (ALGM) revenue grew by 22.8% year-over-year, from $725.0M to $890.1M in fiscal year 2026.
Is Allegro Microsystems, Inc. profitable?
No, Allegro Microsystems, Inc. (ALGM) reported a net income of -$14.7M in fiscal year 2026, with a net profit margin of -1.7%.
What is Allegro Microsystems, Inc.'s EBITDA?
Allegro Microsystems, Inc. (ALGM) had EBITDA of $86.1M in fiscal year 2026, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does Allegro Microsystems, Inc. have?
As of fiscal year 2026, Allegro Microsystems, Inc. (ALGM) had $168.8M in cash and equivalents against $285.7M in long-term debt.
What is Allegro Microsystems, Inc.'s gross margin?
Allegro Microsystems, Inc. (ALGM) had a gross margin of 46.3% in fiscal year 2026, indicating the percentage of revenue retained after direct costs of goods sold.
What is Allegro Microsystems, Inc.'s operating margin?
Allegro Microsystems, Inc. (ALGM) had an operating margin of 2.1% in fiscal year 2026, reflecting the profitability of core business operations before interest and taxes.
What is Allegro Microsystems, Inc.'s net profit margin?
Allegro Microsystems, Inc. (ALGM) had a net profit margin of -1.7% in fiscal year 2026, representing the share of revenue converted into profit after all expenses.
What is Allegro Microsystems, Inc.'s return on equity (ROE)?
Allegro Microsystems, Inc. (ALGM) has a return on equity of -1.5% for fiscal year 2026, measuring how efficiently the company generates profit from shareholder equity.
What is Allegro Microsystems, Inc.'s free cash flow?
Allegro Microsystems, Inc. (ALGM) generated $124.9M in free cash flow during fiscal year 2026. This represents a 468.8% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Allegro Microsystems, Inc.'s operating cash flow?
Allegro Microsystems, Inc. (ALGM) generated $163.1M in operating cash flow during fiscal year 2026, representing cash generated from core business activities.
What are Allegro Microsystems, Inc.'s total assets?
Allegro Microsystems, Inc. (ALGM) had $1.4B in total assets as of fiscal year 2026, including both current and long-term assets.
What are Allegro Microsystems, Inc.'s capital expenditures?
Allegro Microsystems, Inc. (ALGM) invested $38.2M in capital expenditures during fiscal year 2026, funding long-term assets and infrastructure.
How much does Allegro Microsystems, Inc. spend on research and development?
Allegro Microsystems, Inc. (ALGM) invested $205.8M in research and development during fiscal year 2026.
What is Allegro Microsystems, Inc.'s current ratio?
Allegro Microsystems, Inc. (ALGM) had a current ratio of 3.45 as of fiscal year 2026, which is generally considered healthy.
What is Allegro Microsystems, Inc.'s debt-to-equity ratio?
Allegro Microsystems, Inc. (ALGM) had a debt-to-equity ratio of 0.30 as of fiscal year 2026, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Allegro Microsystems, Inc.'s return on assets (ROA)?
Allegro Microsystems, Inc. (ALGM) had a return on assets of -1.0% for fiscal year 2026, measuring how efficiently the company uses its assets to generate profit.
What is Allegro Microsystems, Inc.'s Altman Z-Score?
Allegro Microsystems, Inc. (ALGM) has an Altman Z-Score of 9.95, placing it in the Safe Zone (low bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Allegro Microsystems, Inc.'s Piotroski F-Score?
Allegro Microsystems, Inc. (ALGM) has a Piotroski F-Score of 6 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Allegro Microsystems, Inc.'s earnings high quality?
Allegro Microsystems, Inc. (ALGM) reported a net loss of $14.7M while generating $163.1M in operating cash flow. Operations generated cash despite the loss, but with no positive earnings behind it, the ratio between the two carries no quality signal. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can Allegro Microsystems, Inc. cover its interest payments?
Allegro Microsystems, Inc. (ALGM) has an interest coverage ratio of 0.84x, meaning it can struggle to cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is Allegro Microsystems, Inc.?
Allegro Microsystems, Inc. (ALGM) scores 48 out of 100 on our Financial Health Score, indicating moderate standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.