Allegro 2026 Q2 Earnings Strong Revenue Growth and 119.6% Net Income Turnaround

Allegro (ALGM) reported its fiscal 2026 Q2 earnings on Oct 30th, 2025. , indicating strong performance and positive outlook.

Revenue

The total revenue of Allegro increased by 14.4% to $214.29 million in 2026 Q2, driven by robust growth across all segments. The core end market segment led the growth, , . , reflecting strong demand in e-mobility and industrial applications.

Earnings/Net Income

, , indicating strong earnings performance.

Post-Earnings Price Action Review

The backtest strategy of buying ALGM when quarterly revenues beat estimates and holding for 30 days cannot be fully executed due to missing historical revenue beat data (2020–2025). However, ALGM’s historical earnings surprises suggest a high-probability setup for short-term gains. While revenue beat data is unavailable, the company has consistently beaten EPS estimates since 2021, . , . Key risks include sector volatility, competition in e-mobility and data centers, and debt management. <visualization dataurl="https://cdn.ainvest.com/news/visual/visual_components/viz_bvjhfqum.json"></visualization>

CEO Commentary

Michael Doogue highlighted strong Q2 performance driven by multiyear highs in bookings, backlog, and design wins in e-Mobility and data center markets. Automotive growth accelerated, . Strategic priorities include innovation, such as the 10 MHz TMR current sensor, and expanding market leadership in robotics and China.

Guidance

, , . , driven by operating leverage and sector tailwinds.

Additional News

Allegro appointed Troy Coleman as Senior Vice President and General Manager, Products, to strengthen operational leadership. The company unveiled its industry-first 10 MHz TMR current sensor, enhancing protection and control for wide bandgap power electronics. Additionally, Allegro expanded operations in China, Japan, India, and the Philippines to better service high-growth markets, aligning with strategic priorities in e-mobility and industrial automation. <img src="https://cdn.ainvest.com/aigc/hxcmp/images/compress-aime_generated_1761917096620.jpg.png" style="max-width:100%;">