Allegro MicroSystems, Inc. (ALGM) Earnings Call Transcripts

Allegro MicroSystems, Inc.'s Latest Earnings Call - May 27, 2026

Allegro MicroSystems, Inc. reported strong results for fiscal Q4 2026, with revenue reaching nearly $900 million, a 23% increase year-over-year. The automotive segment, which constitutes 70% of their business, grew by 17%, driven by a 30% increase in xEV, hybrid, and ADAS applications. The industrial segment saw a 40% growth, primarily due to a quadrupling of data center business. Management highlighted a record bookings quarter, indicating robust demand. Forward guidance was optimistic, with expectations of continued growth in automotive and industrial sectors, supported by strong backlog and design wins.

Reported metrics

Guidance from management

Management expects continued growth in automotive and industrial sectors, supported by strong backlog and design wins. They aim to achieve gross margins north of 55% in the next couple of years.

What management said

Sure, absolutely. So I'm Derek D'Atillo, the Chief Financial Officer of Allegro MicroSystems -- been here for about 5 years. It's a company that's headquartered actually in Manchester, New Hampshire, and the company was headquartered in Central Massachusetts for actually the last 60 years. After Jalene introduced herself, I'll tell you little bit more about the company.

Jalene Hoover, I head up Investor Relations and Corporate Communications at Allegro. I've been in semiconductors for around 30 years, including SiriusLogix and [indiscernible] Labs, been with Allegro for about 3.5 years.

What analysts pressed on

Analysts expressed concerns about inventory levels and restocking triggers, particularly in the automotive sector. Questions were raised about the impact of interest rates and visibility into customer demand.

Main topics on the call

• Automotive Segment Growth — The automotive segment grew 17% YoY, with xEV, hybrid, and ADAS applications increasing by 30%. Management emphasized the stability and growth potential in automotive, noting that 'our backlog continues to build' and 'we...
• Industrial Segment Expansion — The industrial segment grew by 40% YoY, driven by a significant increase in data center business, which quadrupled during FY '26. Management noted that 'data center was probably 2% of total business' at the start of the ...
• Inventory Management — Allegro proactively managed inventory levels, with management stating, 'inventories actually came down below levels that they carried prior to the pandemic.' They do not anticipate a massive restocking in the automotive ...
• China Market Dynamics — China accounts for 30% of Allegro's revenue, with half re-exported. Management highlighted that 'all of the production growth auto in China for now and going forward probably forever will be export-related.'

Read the full Allegro MicroSystems, Inc. transcript (May 27, 2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 47 Allegro MicroSystems, Inc. earnings call transcripts on record, spanning November 19, 2020 to July 30, 2026. Based on this history, Allegro MicroSystems, Inc. reports quarterly. The most recent call on file is dated July 30, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

ALGM

Exchange

NasdaqGS

Country

US

Sector

Information Technology

Industry

Semiconductors and Semiconductor Equipment

Calls on record

47

First call

November 19, 2020

Most recent

July 30, 2026

Reporting cadence

quarterly