Allegro leverages more than three decades of expertise in magnetic sensing and power ICs to serve automotive, clean energy and industrial automation markets. The company is experiencing robust growth in Industrial sales, increasing 31% year-over-year, led by another record quarter in Data Center, positioning it well for secular trends in electrification and energy efficiency.
Cyborg Score Rationale
Allegro delivered strong Q3 results with sales of $229 million exceeding guidance and non-GAAP EPS more than doubling year-over-year to $0.15. The company continues to see growing bookings, backlog, and significant annual increase in year-to-date design wins. Strong secular tailwinds from EV adoption and data center growth support continued momentum.
Top Insights
Q1 FY2026 e-Mobility sales increased 31% year-over-year and Industrial and Other grew 50% year-over-year
Data center delivered record sales in Q2 fueling year-over-year growth in Industrial segment, with design wins well ahead of fiscal 2025
Non-GAAP EPS more than doubled year-over-year to $0.15 in Q3, demonstrating significant operating leverage
Market cap of approximately $6.83 billion with strong balance sheet metrics including debt-to-equity ratio of 0.30 and current ratio of 3.65
Named Competitors
Power Integrations — Power semiconductor and IC solutions
MACOM — RF and power semiconductor components
Vishay Intertechnology — Discrete semiconductors and passive components
MaxLinear — Analog and mixed-signal semiconductors
Recent Developments
(February 2026) Company appoints Ian Kent, Senior Vice President of Operations and Jamie Haas as Vice President and Chief Technology Officer
(January 2026) Q3 FY2026 results exceeded guidance with $229M sales and non-GAAP EPS doubled to $0.15
(October 2025) Q2 FY2026 delivered $214M in sales with record data center performance and strong design wins
(January 2026) Updated Q4 FY2026 guidance with revenue range of $230-240M and EPS guidance of $0.14-0.18
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