<div id="readability-page-1"><div>Allegro Microsystems, Inc., a leading provider of sensor integrated circuits (ICs) and application-specific power ICs for automotive and industrial systems, has released its latest Form 10-Q report. The report highlights significant growth in both financial and operational metrics, driven by increased demand in key market segments such as e-Mobility and data center applications. Financial Highlights <ul><li>Total Net Sales: $229.2 million, an increase of 28.9% compared to the same period last year, driven by growth in e-Mobility products and data center applications.</li><li>Gross Profit: $107.1 million, representing a gross margin of 46.7%, up from 45.7% in the prior year period, primarily due to increased net sales and a favorable product mix.</li><li>Operating Income: $9.6 million, compared to an operating loss of $0.04 million in the prior year period, reflecting improved sales and cost management.</li><li>Net Income: $8.3 million, compared to a net loss of $6.8 million in the prior year period, driven by higher sales and improved operational efficiency.</li><li>Net Income Per Share: $0.04, compared to a loss of $0.04 per share in the prior year period, reflecting the company's return to profitability.</li></ul> Business Highlights <ul><li>Revenue Segments: The company reported an increase in net sales driven by e-Mobility products, including advanced driver assistance systems (ADAS) and components for electrified and hybrid vehicles (xEV), as well as data center applications and industrial automation and robotics products.</li><li>Geographical Performance: Greater China and Other Asia regions saw significant sales increases, primarily driven by demand for ADAS and xEV components, industrial automation, and data center applications. The Americas also experienced growth, particularly in ADAS components.</li><li>Sales Units: The company ships over 1.5 billion units annually to more than 10,000 customers worldwide, indicating a strong operational scale and market reach.</li><li>New Product Launches: The company continues to focus on developing sensor integrated circuits (ICs) and application-specific power ICs, which are foundational to automotive and industrial electronic systems.</li><li>Future Outlook: The company plans to utilize cash on hand and capacity under its revolving credit facility to support growth initiatives, including potential acquisitions and expanding operations in China, Japan, India, and the Philippines to directly manage and service customers in these markets.</li></ul>SEC Filing: ALLEGRO MICROSYSTEMS, INC. [ ALGM ] - 10-Q - Jan. 30, 2026</div></div>

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Allegro Microsystems, Inc. has released its latest Form 10-Q report, showcasing significant growth in financial and operational metrics. Total net sales reached $229.2 million, a 28.9% increase year-over-year, with a gross profit of $107.1 million and a gross margin of 46.7%. The company reported a net income of $8.3 million, marking a return to profitability. Key growth drivers include e-Mobility products and data center applications, with strong performance in Greater China and the Americas. Future plans include expanding operations in Asia and potential acquisitions.

ALLEGRO MICROSYSTEMS, INC. SEC 10-Q Report