Capital investment and capacitypositive · 5 filings
“Trade accounts payable increased primarily due to the timing of payments to suppliers and vendors, including unpaid capital expenditures of $2.8 million.”10-Q · Jul 31, 2026 ↗
Allegro MicroSystems, Inc.
ALGM
Market read
Allegro MicroSystems, Inc.'s current read is isolated; its market group is not confirming.
The latest filing evidence is available. 0 of 25 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 4 directly disclosed connections are confirming.
What changed
- Revenue increased 22.8% versus the comparable filing period.
Company-1.6% todayVolume comparison unavailable
Market group0 of 25 activeSemiconductors · unavailable
Disclosed network0 of 4 confirmingNo filing-linked name is confirming now
What would change this read
Watch this read- Power integrated circuits (PIC) net sales increased 47.4% year-over-year, driven by motor and high-performance power product demand; monitor PIC sales momentum.
Invalidation: The isolated read changes if ALGM's group or a disclosed connection begins moving with it.
Research brief
The story so far
The latest filing evidence is available. 0 of 25 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 4 directly disclosed connections are confirming.
Evidence that supports
- Revenue increased 22.8% versus the comparable filing period.
- Operating income moved from a loss to a profit in the comparable period.
Evidence that challenges
No thresholded adverse filing evidence is available yet.
What would clarify the read
- Power integrated circuits (PIC) net sales increased 47.4% year-over-year, driven by motor and high-performance power product demand; monitor PIC sales momentum.
Company research
Understand the business, not just the ticker
Business model and earnings drivers
Use the company’s filings to identify the few operating, demand, cost, capital and regulatory variables that determine its earnings power.
Key research questions
- Which operating variable is changing?
- Is that change durable, cyclical or one-off?
- What evidence would disprove the current interpretation?
Annual periods7
Price observations327
Usable filing statements192
Verified relationships4
Evidence supporting the case
- Latest annual revenue changed +22.8% year over year.
- Operating margin changed +4.8 percentage points in the latest annual period.
- Net margin changed +8.4 percentage points in the latest annual period.
- Capital investment and capacity has repeated favorable evidence across 5 filings.
- Product pipeline and R&D has repeated favorable evidence across 5 filings.
Evidence challenging the case
- Data center and AI demand has repeated adverse evidence across 5 filings.
- Demand and volume has repeated adverse evidence across 5 filings.
Questions before a position
- EV/sales is 48% below the available filing-peer median; determine whether growth and quality justify the difference.
Longer-term price context
Price as of Sep 10, 2026
35.296m+6.7%12m+14.1%24m—
Annual trajectory
Reported annual revenue and per-share history. This is accounting history, not a forecast.
PeriodRevenueYoYDiluted EPSShare change
2022-03-25$768.7M+30.0%$0.62+8.7%
2023-03-31$973.7M+26.7%$0.97+1.0%
2024-03-29$1.0B+7.8%$0.78+0.5%
2025-03-28$725.0M-30.9%$-0.39-3.6%
2026-03-27$890.1M+22.8%$-0.08-1.4%
What management says matters
Persistent and emerging business drivers
Data center and AI demandmixed · 5 filings
“Three-Month Period Ended Change June 26, 2026 June 27, 2025 Amount % (Dollars in thousands) Americas: United States $ 25,247 $ 23,774 $ 1,473 6.2 % Other Americas 8,518 8,848 (330 ) (3.7 )% EMEA: Europe 33,369 30,473 2,896 9.5 % Asia: Greater China 65,343 57,…”10-Q · Jul 31, 2026 ↗
Demand and volumemixed · 5 filings
“The increase in MS sales was primarily due to an increase in demand for our current sensor products, as well as our magnetic position sensors both of which includes our tunneling magnetoresistance (“TMR”) sensor solutions.”10-Q · Jul 31, 2026 ↗
Product pipeline and R&Dpositive · 5 filings
“23 Research and development expenses Research and development (“R&D”) expenses increased in the three-month period ended June 26, 2026 compared to the three-month period ended June 27, 2025, primarily due to the increase in R&D personnel costs.”10-Q · Jul 31, 2026 ↗
Valuation discipline
Descriptive valuation snapshot
Price/sales 7.3× · EV/sales 7.5×. Comparisons use only industry-matched filing peers.
Scenario scaffold
Mechanical 2.0-year scenarios are available as editable assumptions, not consensus.
Price action
How the market is pricing the story
35.29-1.6% today
Jodie does not have enough daily observations to draw a useful short-term chart for this asset. The latest quoted price was checked 10 Sept, 15:55 GMT-4; this is a coverage limitation, not a flat-price conclusion.
Developments
No sourced recent-development timeline yet
Jodie has not returned a relevant primary source or news item for ALGM. This is an evidence-coverage gap, not a conclusion that nothing material happened.
Business and financial condition
Reported financial figures are not available yet
Jodie has not returned structured SEC XBRL fundamentals for this asset. This is a coverage limitation, not an assessment of the business or its financial health.
Latest filing assessment · baseline
Fundamentals strengthened in the latest filing
10-K filed 2026-05-21 against the comparable filing from 2025-05-22.
OperationsconstructiveEvidence score +4
liquidityneutralEvidence score 0
valuationdiscount
What improved
- Revenue increased 22.8% versus the comparable filing period.
- Operating income moved from a loss to a profit in the comparable period.
What weakened
No thresholded deterioration was identified.
Filing receipts
“Gross profit increased in the fiscal year ended March 27, 2026 compared to the fiscal year ended March 28, 2025, primarily due to the increase in net sales and a change in product mix.”
“The increase in cost of goods sold was primarily due to higher production volume in support of higher product sales and increase in materials and commodity costs.”
“The increase was primarily due to the increase in net sales and a change in product mix.”
Retrospective baseline calibration. It was generated after the filing date and is not part of Jodie's live track record.
Business ecosystem
The relationships behind ALGM
Customers, suppliers, partners and competitors named in company filings—not inferred from headlines.
Depends on
MSMorgan StanleylenderMay 21, 2026 ▾
“2 (the “Second Amendment”) to the revolving facility credit agreement dated June 21, 2023 by and among the Company, the Company’s wholly owned subsidiary Allegro MicroSystems, LLC (“AML”) Morgan Stanley Senior Funding, Inc., as administrative agent, collatera…”
TSEMTower Semiconductor Ltd.supplierMay 21, 2026 ▾
“We currently rely on a limited number of third-party wafer fabrication facilities for the fabrication of semiconductor wafers used in the manufacture of our IC products, primarily United Microelectronics Corporation (“UMC”), Polar, Tower Semiconductor Ltd.”
TSMTaiwan Semiconductor Manufacturing Company LimitedsupplierMay 21, 2026 ▾
“We currently rely on a limited number of third-party wafer fabrication facilities for the fabrication of semiconductor wafers used in the manufacture of our IC products, primarily United Microelectronics Corporation (“UMC”), Polar, Tower Semiconductor Ltd.”
Filing peers
Companies whose filings use similar operating language.
Open the three relationships above to see Jodie’s filing proof. Pro unlocks 8 more links, every receipt, and alerts when connected names begin moving. Unlock the full network →
What is moving around it
Live connections
ALGM is currently a Follower in the organic co-movement group Semiconductors. This group is discovered from market behaviour rather than assigned from an industry taxonomy. 3 filing-linked names are in the relationship map; none is currently confirmed as moving with the group.
Context history
Theme membership history
No durable theme membership has been observed for this name yet.