The record design wins and expanding backlog support the company's mid-teens annual sales growth target. Monitor Q3 results for continued momentum in data center and industrial segments, which drove the 79% surge in Industrial & Other revenue.
Price Chart
Executive Summary
Allegro MicroSystems reported Q2 fiscal 2027 results with revenue of $277M (up 29% YoY) and non-GAAP EPS of $0.26 (up 100% YoY), both above consensus estimates of $270.9M and $0.24. The company guided Q3 revenue of $278M-$288M (midpoint +23% YoY) and non-GAAP EPS of $0.25-$0.29, with the midpoint implying 80% YoY growth. Record design wins and eight consecutive quarters of booking growth signal strong forward momentum.
Key Financial Metrics
Key Facts
- Q2 revenue $276.9M vs consensus $270.9M (beat)
- Non-GAAP EPS $0.26 vs consensus $0.24 (beat, +8.3%)
- Revenue grew 29% YoY; non-GAAP EPS doubled YoY
- Industrial & Other revenue surged 79% YoY to $104.4M, driven by data center record
- Automotive revenue grew 11% YoY to $172.5M
- Q3 guidance: revenue $278M-$288M (midpoint +23% YoY), non-GAAP EPS $0.25-$0.29 (midpoint +80% YoY)
- Record design-win performance since 2020 IPO, up nearly 40% YoY
- Bookings increased for eighth consecutive quarter
- Debt repayment of $25M on Sept 30, 2026
- Non-GAAP gross margin expanded to 51.5% from 49.6% YoY
- Adjusted EBITDA margin 25.0% vs 19.0% YoY
Financial Impact
Revenue beat consensus by $6M (2.2%); non-GAAP EPS beat by $0.02 (8.3%); guidance midpoint implies 23% revenue growth and 80% EPS growth YoY
Segment Breakdown
| Segment | Revenue | Growth |
|---|---|---|
| Automotive | $172.5M | +10.7% |
| Industrial and Other | $104.4M | +78.6% |
Risk Factors
- Semiconductor cyclicality and automotive market exposure (62% of revenue)
- Dependence on third-party wafer fabrication facilities
- Geopolitical risks from manufacturing operations in Philippines
- Forward-looking guidance subject to macroeconomic uncertainty
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 press release from GlobeNewswire.
| Document | Accession Number |
|---|---|
| PRESS-RELEASE Data (Synthetic) | press-3391114 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 29, 2026 3d ago | 8-K | No price | awaiting T+1 | awaiting T+1 | No price |
Oct 29, 2026 3d ago | Press Release | $33.03 $30.53 | ▼ −7.57% | ▼ −5.80% | $30.53 (−7.57%) |
Oct 7, 2026 25d ago | SC 13G/A | $37.03 $36.27 | ▼ −2.05% | ▼ −1.63% | $30.53 (−17.55%) |
Aug 18, 2026 10w ago | Insider Cluster | $38.35 $37.19 | ▼ −3.02% | ▼ −2.18% | $30.53 (−20.39%) |
Jul 30, 2026 13w ago | 8-K | $41.45 $41.50 | ▲ +0.12% | ▼ −0.58% | $30.53 (−26.34%) |
Jun 18, 2026 19w ago | 8-K | $59.00 $61.58 | ▲ +4.37% | ▲ +4.69% | $30.53 (−48.25%) |
Jun 11, 2026 20w ago | Institutional Cluster | $50.41 $55.00 | ▲ +9.12% | ▲ +7.35% | $30.53 (−39.43%) |
May 26, 2026 22w ago | Insider Cluster | $49.00 $51.10 | ▲ +4.29% | ▲ +3.74% | $30.53 (−37.69%) |
May 22, 2026 23w ago | Insider Cluster | $50.76 $49.00 | ▼ −3.47% | ▼ −3.48% | $30.53 (−39.85%) |
May 15, 2026 24w ago | Insider Cluster | $41.35 $41.65 | ▼ −0.73% | ▼ −1.38% | $30.53 (+26.17%) |
US Market Status
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