ALLEGRO MICROSYSTEMS, INC. (ALGM)
Allegro MicroSystems, Inc. focuses on the creation, production, and worldwide distribution of sophisticated integrated circuits (ICs). Their primary offerings consist of sensor ICs and custom-designed analog power ICs, developed mainly for motion control and energy-saving applications. The company's product line includes magnetic sensor ICs, which are crucial for measuring position, speed, and current. They also supply various power management ICs, such as motor drivers, voltage regulators, and LED drivers. Furthermore, Allegro provides photonic and 3D sensing components, encompassing photodiodes, eye-safe laser solutions, and readout ICs essential for LiDAR systems. Allegro primarily sells its components to original equipment manufacturers (OEMs) and suppliers, with a strong emphasis on the automotive and industrial industries. Their distribution network is multifaceted, utilizing a direct sales team, independent sales representatives, third-party distributors, and consignment models. With operations spanning across the globe, the company has a presence in the United States, the broader Americas, Europe, Japan, Greater China, South Korea, and various other markets in Asia. Allegro MicroSystems was established in 1990, maintains its headquarters in Manchester, New Hampshire, and operates as a subsidiary of Sanken Electric Co., Ltd.
Sector: Semiconductors & Related Devices
Industry: Semiconductors
Allegro MicroSystems, Inc.
NASDAQ:ALGMTechnology · Semiconductors
-0.66%$31.48
AH Close$31.47-0.03%vs close
AH Close$31.47-0.03%vs close
Mkt Cap$5.87B
Float125.73M
O/S186.4M
Inst Own79.7%
SI9.1%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$890.1M
Net Income-$14.9M
Total Assets$1.42B
Free Cash Flow$124.89M
Debt & Equity
Debt 23%
Equity 77%
Total Debt$287.28M
Total Equity$956.45M
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in ALGM's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$1.42B
Liabilities$459.73M
Accounts Receivable$114.98M
Accounts Payable$44.44M
Inventory$181.75M
PP&E (Net)$321.85M
Goodwill$203.29M
Intangible Assets$238.68M
Income Statement
| Period | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2026-03-27 | 2025-03-28 | 2024-03-29 | 2023-03-31 | 2022-03-25 | 2021-03-26 | 2020-03-31 | 2019-03-31 |
| Revenue | $890.1M | $725.01M | $1.05B | $973.65M | $768.67M | $591.21M | $650.09M | $724.31M |
| YoY Growth | 22.8% | -30.9% | 7.8% | 26.7% | 30.0% | -9.1% | -10.2% | - |
| Cost of Revenue | $477.45M | $403.48M | $474.84M | $427.57M | $361.21M | $312.31M | $388.81M | $404.49M |
| Gross Profit | $412.64M | $321.53M | $574.53M | $546.08M | $407.46M | $278.9M | $261.28M | $319.82M |
| Gross Margin | 46.4% | 44.3% | 54.8% | 56.1% | 53.0% | 47.2% | 40.2% | 44.2% |
| Research and Development | $198.66M | $179.65M | $176.64M | $150.85M | $121.87M | $108.65M | $102.05M | $107.58M |
| Selling, General, and Administrative | $171.29M | $161.68M | $188.43M | $194.72M | $150.94M | $153.48M | $106.4M | $112.24M |
| Other | $0 | $0 | $13.22M | -$2.8M | $0 | $4.62M | $0 | $0 |
| Total Operating Expenses | $369.96M | $341.33M | $378.29M | $342.77M | $272.81M | $266.74M | $208.45M | $219.82M |
| Operating Income (EBIT) | $42.69M | -$19.8M | $196.24M | $203.31M | $136.65M | $12.16M | $52.83M | $100M |
| Operating Margin | 4.8% | -2.7% | 18.7% | 20.9% | 17.8% | 2.1% | 8.1% | 13.8% |
| Interest Expense | $33.39M | $30.37M | $10.76M | $2.34M | $2.5M | $3.83M | $110K | $1.21M |
| Interest Income | $0 | $1.52M | $3.14M | $1.72M | $1.44M | $1.23M | $0 | $0 |
| Other Income (Expense) | -$57.59M | -$65.89M | -$1.45M | $8.04M | $4.1M | -$13.61M | $450K | -$557K |
| Income Before Tax (EBT) | -$14.9M | -$85.7M | $194.8M | $211.35M | $140.75M | -$1.45M | $53.28M | $99.44M |
| Income Tax Expense | -$248K | -$12.93M | $41.91M | $23.85M | $21.19M | -$19.55M | $16.17M | $14.6M |
| Net Income | -$14.9M | -$73.01M | $152.7M | $187.36M | $119.41M | $17.95M | $36.97M | $84.72M |
| Net Income Margin | -1.7% | -10.1% | 14.6% | 19.2% | 15.5% | 3.0% | 5.7% | 11.7% |
| Supplementary Data | ||||||||
| EPS | -0.08 | -0.39 | 0.79 | 0.98 | 0.63 | 0.09 | 0.20 | 0.45 |
| Diluted EPS | -0.08 | -0.39 | 0.78 | 0.97 | 0.62 | 0.09 | 0.20 | 0.45 |
| Weighted Average OS | 185.31M | 187.71M | 192.57M | 191.20M | 189.75M | 189.59M | 189.43M | 187.75M |
| EBITDA | $86.08M | $9.17M | $276.94M | $264.49M | $191.77M | $50.68M | $117.44M | $160.54M |
| EBITDA Margin | 9.7% | 1.3% | 26.4% | 27.2% | 24.9% | 8.6% | 18.1% | 22.2% |
Balance Sheet
| Period | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2026-03-27 | 2025-03-28 | 2024-03-29 | 2023-03-31 | 2022-03-25 | 2021-03-26 | 2020-03-31 | 2019-03-31 |
| Assets | ||||||||
| Current Assets | ||||||||
| Cash and Cash Equivalents | $168.75M | $121.33M | $212.14M | $351.58M | $282.38M | $197.21M | $214.49M | $99.74M |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $168.75M | $121.33M | $212.14M | $351.58M | $282.38M | $197.21M | $214.49M | $99.74M |
| Accounts Receivable | $114.98M | $87.16M | $125.17M | $130.48M | $120.74M | $94.85M | $92.1M | $115.94M |
| Inventory | $181.75M | $183.91M | $162.3M | $151.3M | $86.16M | $87.5M | $127.23M | $130.92M |
| Other Current Assets | $36.94M | $53.97M | $40.69M | $30.39M | $7.42M | $32.63M | $5.38M | $7.31M |
| Total Current Assets | $503.61M | $483.04M | $572.21M | $665.83M | $511.69M | $430.56M | $448.22M | $367.05M |
| Long-Term Assets | ||||||||
| Property, Plant & Equipment Net | $321.85M | $323.77M | $341.55M | $279.96M | $226.08M | $192.39M | $332.33M | $347.4M |
| Goodwill | $203.29M | $202.47M | $202.43M | $27.69M | $20.01M | $20.11M | $1.28M | $1.34M |
| Intangible Assets | $238.68M | $262.12M | $276.85M | $52.38M | $35.97M | $36.37M | $19.96M | $17.71M |
| Long-Term Investments | $25.77M | $31.7M | $26.73M | $27.27M | $40.02M | $26.66M | $6.72M | $11.37M |
| Deferred Tax Assets | $80.22M | $68.53M | $54.5M | $50.36M | $17.97M | $26.97M | $7.22M | $5.18M |
| Other Long-Term Assets | $42.76M | $49.34M | $56.34M | $77.67M | $40.89M | $14.61M | $2.09M | $2.22M |
| Total Long-Term Assets | $912.57M | $937.92M | $958.39M | $515.33M | $380.93M | $317.11M | $369.6M | $385.21M |
| Other Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Assets | $1.42B | $1.42B | $1.53B | $1.18B | $892.62M | $747.68M | $817.82M | $752.26M |
| Liabilities | ||||||||
| Current Liabilities | ||||||||
| Accounts Payable | $44.44M | $38.73M | $37.59M | $56.26M | $29.84M | $35.39M | $25.26M | $29.13M |
| Short-Term Debt | $1.53M | $1.42M | $3.93M | $0 | $0 | $0 | $68M | $13M |
| Current Income Tax Payable | $1.18M | $233K | $3.48M | $5.63M | $1.83M | $514K | $3.41M | $1.66M |
| Current Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $1.66M |
| Other Current Liabilities | $99.96M | $14.74M | $64.64M | $20.4M | $13.53M | $35.51M | $5.26M | $3.05M |
| Total Current Liabilities | $145.93M | $112.26M | $117.91M | $165.32M | $104.22M | $116.67M | $150.11M | $103.86M |
| Long-Term Liabilities | ||||||||
| Long-Term Debt | $285.75M | $344.7M | $249.61M | $25M | $25M | $25M | $17.7M | $29.7M |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | $0 | -$2.77M | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $0 | $0 | $0 | $0 | $0 | $2.77M | $0 | $2.87M |
| Other Long-Term Liabilities | $28.06M | $16.02M | $14.96M | $10.97M | $15.29M | $19.13M | $15.88M | $26.04M |
| Total Long-Term Liabilities | $313.81M | $377.6M | $280.98M | $49.02M | $53.03M | $44.13M | $33.58M | $58.61M |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $459.73M | $489.86M | $398.89M | $214.34M | $157.26M | $160.81M | $183.69M | $162.47M |
| Stockholders' Equity | ||||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock | $1.85M | $1.84M | $1.93M | $1.92M | $1.91M | $1.9M | $106K | $106K |
| Retained Earnings | -$68.49M | -$53.59M | $463.01M | $310.31M | $122.96M | $3.55M | $194.35M | $157.38M |
| Comprehensive Income & Other | -$29.2M | -$30.75M | -$28.84M | -$20.78M | -$18.45M | -$11.87M | -$19.98M | -$16.28M |
| Other Stockholders' Equity | $1.02B | $981.3M | $665.49M | $653.39M | $609.34M | $580.3M | $438.72M | $431.48M |
| Total Equity | $956.45M | $929.55M | $1.13B | $965.63M | $734.21M | $585.75M | $633.18M | $588.98M |
| Minority Interest | $1.7M | $1.54M | $1.28M | $1.19M | $1.16M | $1.12M | $950K | $814K |
| Total Liabilities and Equity | $1.42B | $1.42B | $1.53B | $1.18B | $891.46M | $746.56M | $816.87M | $751.45M |
| Supplementary Data | ||||||||
| Total Debt | $287.28M | $368.49M | $275.21M | $42.54M | $41.45M | $25M | $85.7M | $42.7M |
| Net Debt | $118.52M | $247.16M | $63.06M | -$309.04M | -$240.93M | -$172.21M | -$128.79M | -$57.04M |
Cash Flow Statement
| Period | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2026-03-27 | 2025-03-28 | 2024-03-29 | 2023-03-31 | 2022-03-25 | 2021-03-26 | 2020-03-31 | 2019-03-31 |
| Operating Activities | ||||||||
| Net Income | -$14.9M | -$72.76M | $152.7M | $187.49M | $119.56M | $18.1M | $37.1M | $84.84M |
| Depreciation & Amortization | $67.59M | $64.5M | $71.38M | $50.81M | $48.53M | $48.31M | $64.05M | $59.89M |
| Deferred Income Tax | -$11.99M | -$16.3M | -$18.61M | -$40.12M | $7.5M | -$18.93M | -$4.91M | $2.02M |
| Stock-Based Compensation | $0 | $41.87M | $42.46M | $61.8M | $33.55M | $49.87M | $1.44M | $1.44M |
| Changes in Working Capital: | ||||||||
| Accounts Receivable | -$9.2M | $33.08M | -$9M | -$10.26M | -$18.35M | -$9.3M | $16.44M | -$19.41M |
| Inventory | -$6.27M | -$30.16M | -$15.85M | -$75.15M | -$4.47M | $7.64M | $346K | -$18.6M |
| Accounts Payable | $6M | $4.04M | -$12.65M | $11.96M | -$4.35M | $15.1M | -$3.12M | -$4.79M |
| Other Working Capital | $65.21M | -$15.82M | -$56.58M | $18M | -$26.16M | -$9.4M | -$34.51M | $10.66M |
| Total Working Capital Change | $55.74M | -$8.86M | -$94.08M | -$55.45M | -$53.33M | $4.03M | -$20.85M | -$32.14M |
| Other Non-Cash Items | $66.63M | $53.47M | $27.87M | -$11.32M | $327K | $19.19M | $4.59M | $5.05M |
| Net Cash from Operating | $163.07M | $61.91M | $181.72M | $193.21M | $156.13M | $120.57M | $81.42M | $121.09M |
| Investing Activities | ||||||||
| Capital Expenditures | -$38.18M | -$39.95M | -$124.77M | -$79.78M | -$69.94M | -$40.67M | -$45.62M | -$98.3M |
| Acquisitions | $0 | $319K | -$408.12M | -$19.92M | -$14.55M | -$27.89M | $3.94M | $354K |
| Purchases of Investments | -$3.54M | $0 | $0 | $0 | -$9.19M | $0 | $0 | -$354K |
| Sales of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $421K |
| Other Investing Activities | $0 | -$1.18M | $16.18M | $0 | $27.41M | $318K | $0 | $354K |
| Net Cash from Investing | -$41.72M | -$40.82M | -$516.72M | -$99.7M | -$66.27M | -$68.25M | -$41.68M | -$97.52M |
| Financing Activities | ||||||||
| Debt Repaid | $61.37M | -$86.88M | -$219.47M | $7.5M | $7.5M | -$15.72M | -$43M | - |
| Common Stock Issuance | $3.34M | $669.36M | $0 | $0 | $0 | $321.43M | $0 | $257K |
| Common Stock Repurchases | -$1.71M | -$853.92M | $3.63M | -$18.06M | -$638K | $0 | $0 | $0 |
| Dividends Paid | $0 | $0 | $0 | $0 | $0 | -$400M | $0 | $0 |
| Other Financing Activities | -$17.64M | -$14.38M | -$23.6M | $5.56M | $2.83M | $23.67M | $39.5M | -$30M |
| Net Cash from Financing | -$77.38M | -$112.06M | $198.88M | -$20M | -$5.31M | -$72.19M | $82.5M | -$39.74M |
| Forex Effect | $277K | -$89K | -$421K | -$4.61M | $1.37M | $3.86M | -$5.62M | -$864K |
| Net Change in Cash | $44.25M | -$91.05M | -$136.54M | $68.91M | $85.92M | -$16M | $116.62M | -$17.04M |
| Supplementary Data | ||||||||
| Operating Cash Flow | $163.07M | $61.91M | $181.72M | $193.21M | $156.13M | $120.57M | $81.42M | $121.09M |
| Capital Expenditure | -$38.18M | -$39.95M | -$124.77M | -$79.78M | -$69.94M | -$40.67M | -$45.62M | -$98.3M |
| Free Cash Flow | $124.89M | $21.96M | $56.94M | $113.43M | $86.19M | $79.9M | $35.8M | $22.79M |
| Cash at Beginning | $131.11M | $222.16M | $358.7M | $289.8M | $203.88M | $219.88M | $103.26M | $120.3M |
| Cash at End | $175.36M | $131.11M | $222.16M | $358.7M | $289.8M | $203.88M | $219.88M | $103.26M |