ALLEGRO MICROSYSTEMS, INC. ALGM
Our mission is to be the leader in global semiconductor technology with sensing and power solutions that drive electrification, automation, AI, and robotics forward.
The Company is a global leader in the design, development, and marketing of sensor integrated circuits ("ICs") and application-specific power ICs that enable the sensing, motion control, and power management functions of complex electromechanical or power conversion systems. We primarily serve automotive and industrial markets, including advanced industrial markets such as AI data centers, robotics, and energy infrastructure, where our solutions enable customers to sense, move, and manage power with efficiency, precision, and reliability.
Valuation FY2025 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $890.1M | $725.0M | $1.05B | $973.7M | $768.7M | $591.2M | $650.1M | — |
| Cost of revenue | $478.1M | $403.5M | $471.9M | $348.4M | $286.9M | $254.3M | $388.8M | — |
| Gross profit | $412.0M | $321.5M | $574.5M | $546.1M | $407.5M | $278.9M | $261.3M | — |
| R&D | $205.8M | $179.6M | $176.6M | $150.8M | $121.9M | $108.6M | $102.1M | — |
| SG&A | $181.1M | $161.7M | $188.4M | $191.9M | $148.9M | $153.5M | $106.4M | — |
| Total operating expenses | $393.5M | $341.3M | $378.3M | $342.8M | $270.8M | $266.7M | $208.4M | — |
| Operating income | $18.5M | -$19.8M | $196.2M | $203.3M | $136.7M | $12.2M | $52.8M | — |
| Interest expense | $22.1M | $30.4M | $10.8M | $2.3M | $2.5M | $3.8M | — | — |
| Pre-tax income | -$14.9M | -$85.7M | $194.8M | $211.3M | $140.7M | -$1.5M | $53.3M | — |
| Income tax | $248.0K | $12.9M | $41.9M | $23.9M | $21.2M | $19.6M | $16.2M | — |
| Net income | -$14.7M | -$72.8M | $152.9M | $187.4M | $119.6M | $18.0M | $37.0M | — |
| EPS, basic | -0.08 | -0.39 | 0.79 | 0.98 | 0.63 | 0.22 | 3.70 | — |
| EPS, diluted | -0.08 | -0.39 | 0.78 | 0.97 | 0.62 | 0.10 | 3.70 | — |
| Shares, diluted (wtd. avg.) | $185.0M | $187.7M | $194.7M | $193.7M | $191.8M | $176.4M | $10.0M | $10.0M |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $168.8M | $121.3M | $212.1M | $351.6M | $282.4M | $197.2M | $214.5M | $99.7M |
| Receivables | $93.2M | $84.6M | $118.5M | $111.3M | $87.4M | $69.5M | $59.5M | — |
| Inventory | $181.8M | $183.9M | $162.3M | $151.3M | $86.2M | $87.5M | $127.2M | — |
| Total current assets | $503.6M | $483.0M | $572.2M | $665.8M | $511.7M | $430.6M | $448.2M | — |
| Property, plant and equipment | $308.3M | $302.9M | $321.2M | $263.1M | $210.0M | $192.4M | $332.3M | — |
| Goodwill | $203.3M | $202.5M | $202.4M | $27.7M | $20.0M | $20.1M | $1.3M | $1.3M |
| Other intangibles | $238.7M | $262.1M | $276.9M | $52.4M | $36.0M | $36.4M | $20.0M | — |
| Total assets | $1.42B | $1.42B | $1.53B | $1.18B | $892.6M | $747.7M | $817.8M | — |
| Short-term debt | $1.5M | $1.4M | $3.9M | — | $0 | $0 | $43.0M | — |
| Total current liabilities | $145.9M | $112.3M | $117.9M | $165.3M | $104.2M | $116.7M | $150.1M | — |
| Long-term debt | $285.7M | $344.7M | $249.6M | $25.0M | $25.0M | $25.0M | $0 | — |
| Total liabilities | $459.7M | $489.9M | $398.9M | $214.3M | $157.3M | $160.8M | $183.7M | — |
| Retained earnings | -$68.5M | -$53.6M | $463.0M | $310.3M | $123.0M | $3.6M | $194.4M | — |
| Total equity | $954.7M | $929.6M | $1.13B | $966.8M | $735.4M | $586.9M | $634.1M | $589.8M |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $163.1M | $61.9M | $181.7M | $193.2M | $156.1M | $120.6M | $81.4M | — |
| Depreciation and amortisation | $67.6M | $64.5M | $71.4M | $50.8M | $48.5M | $48.3M | $64.0M | — |
| Stock-based compensation | $47.9M | $41.9M | $42.5M | $61.8M | $33.5M | $49.9M | $1.4M | — |
| Capital expenditure | $38.2M | $40.0M | $124.8M | $79.8M | $69.9M | $40.7M | $45.6M | — |
| Investing cash flow | -$41.7M | -$40.8M | -$516.7M | -$99.7M | -$66.3M | -$68.2M | -$41.7M | — |
| Financing cash flow | -$77.4M | -$112.1M | $198.9M | -$20.0M | -$5.3M | -$72.2M | $82.5M | — |
| Dividends paid | — | — | — | $0 | $0 | $400.0M | $0 | — |
| Buybacks | $0 | $853.9M | $0 | $0 | — | — | — | — |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001193125-26-280254.
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