Description

Allegro MicroSystems’ Big Break: Data Center Sales Quadruple As Auto Content Expands!

Allegro MicroSystems reported its fiscal 2026 fourth quarter and full-year results with overall growth across multiple key markets and product lines, supported by strategic initiatives aimed at content expansion. The company achieved a fifth consecutive quarter of sales growth, reaching $243 million in Q4, representing a 26% increase year-over-year, and $890 million for the full fiscal year, a 23% rise compared to the prior year. Non-GAAP earnings per share (EPS) in Q4 nearly tripled to $0.17, while full-year EPS more than doubled to $0.54. In the automotive segment, including electric vehicles (xEV) and advanced driver-assistance systems (ADAS), focused auto sales grew 30% in FY ’26, outpacing overall auto sales growth of 17%. Growth drivers included increased content in steering and braking systems for ADAS, traction inverters, and emerging powertrain technologies, with notable share gains and design wins particularly in China.