Every material Form 8-K Allegro MicroSystems filed with the SEC in 2025, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Allegro MicroSystems reported second-quarter fiscal 2026 results for the quarter ended September 26, 2025, with net sales of $214.3 million, up 14% from $187.4 million a year earlier. GAAP net income attributable to the company was $6.5 million, compared with a loss of $33.7 million a year earlier, which included a $34.8 million loss on a forward repurchase contract. The company expects third-quarter net sales of $215 million to $225 million and non-GAAP diluted EPS of $0.12 to $0.16.
Q2 net sales $214.3 million, up 14% year over year; Automotive $155.8 million, Industrial and Other $58.4 million
GAAP diluted EPS $0.03 versus $(0.18) a year earlier; non-GAAP diluted EPS $0.13 versus $0.08
Third-quarter outlook: net sales $215 million to $225 million; non-GAAP diluted EPS $0.12 to $0.16
Operating cash flow was $20.4 million in the quarter, compared with $15.5 million a year earlier
Allegro MicroSystems reported results for the first fiscal quarter ended June 27, 2025, with net sales of $203.4 million, up 22% from a year earlier, and a GAAP net loss attributable to the company of $13.2 million, or $0.07 per share, narrower than the $17.7 million loss a year earlier. The company also guided second-quarter fiscal 2026 net sales to $205 million to $215 million and non-GAAP diluted EPS to $0.10 to $0.14, which it said is up 50% at the midpoint.
Net sales were $203.4 million, up from $166.9 million a year earlier; Industrial and other rose 50% and Automotive rose 13%.
GAAP net loss attributable to Allegro was $13.2 million, or $0.07 per share, versus a $17.7 million loss, or $0.09 per share, a year earlier.
Non-GAAP diluted EPS was $0.09, up from $0.03; free cash flow was $51.0 million, or 25.1% of net sales.
Second-quarter fiscal 2026 guidance: net sales of $205 million to $215 million and non-GAAP diluted EPS of $0.10 to $0.14, with an expected additional $25 million voluntary debt repayment.
Allegro MicroSystems reported fourth-quarter fiscal 2025 net sales of $192.8 million, up 8% from the prior quarter but down 20% from a year earlier, with a GAAP net loss attributable to the company of $14.8 million. For the full fiscal year, net sales fell 31% to $725.0 million and the company posted a net loss of $73.0 million, compared with net income of $152.7 million the year before. It guided first-quarter fiscal 2026 net sales to $192 million to $202 million, which it said implies 18% year-over-year growth at the midpoint.
Q4 fiscal 2025 net sales were $192.8 million, down 20% from $240.6 million a year earlier; GAAP diluted loss was $0.08 per share versus $0.04 a year earlier
Fiscal 2025 net sales were $725.0 million, down 31% from $1,049.4 million; GAAP diluted loss was $0.39 per share versus diluted EPS of $0.78 a year earlier
Q1 fiscal 2026 guidance: net sales of $192 million to $202 million and non-GAAP diluted EPS of $0.06 to $0.10
The company made a $25 million voluntary debt payment on April 30, 2025
Allegro MicroSystems said Senior Vice President of Worldwide Sales Max Glover will leave that role effective March 28, 2025, and will serve as strategic advisor to the Chief Executive Officer starting March 29, 2025. The filing does not name a successor or describe the reasons for the change.
Max Glover, Senior Vice President, Worldwide Sales, leaves the role effective March 28, 2025
Glover becomes strategic advisor to the Chief Executive Officer beginning March 29, 2025
The filing does not name a replacement for the sales role or describe compensation changes
Allegro MicroSystems appointed Michael C. Doogue, its executive vice president and chief technology officer, as president, chief executive officer and a director, effective February 23, 2025. Vineet Nargolwala, who had served as CEO for nearly three years, stepped down from the CEO role and the board under a separation agreement, and the filing describes the change as a planned succession process led by the board.
Doogue's annual base salary is $700,000, with an annual target bonus of 125% of base salary.
Doogue is eligible for consideration for an equity award in the 2025 annual grant cycle with a target grant date fair value of $6,000,000.
Doogue's severance, if terminated without cause or resigning for good reason, is two times his base salary plus target bonus; the figure rises to 24 months of healthcare coverage and full equity acceleration within 24 months after a change
Nargolwala's severance follows Section 4.2 of his May 2, 2022 employment agreement, as amended October 31, 2024, and is conditioned on a general release of claims.
Allegro MicroSystems entered into Amendment No. 3 to its credit agreement, creating a new $375 million tranche of term loans maturing October 31, 2030. The proceeds will refinance existing Amendment No. 2 term loans, pay related fees and expenses, and fund general corporate purposes, so the company is replacing existing borrowing rather than announcing a new spending plan.
New $375 million term loan tranche maturing October 31, 2030
Loans amortize at 0.00% per annum and bear interest at Term SOFR plus 2.00%, or an alternate base rate option
Proceeds will refinance all outstanding Amendment No. 2 term loans, pay fees, and fund general corporate purposes
Amendment No. 3 dated February 6, 2025, filed as Exhibit 10.1
Allegro MicroSystems said Krishna G. Palepu, a Harvard Business School professor, was elected to its Board effective January 31, 2025, to fill a vacancy under the Stockholders Agreement with Sanken Electric. He was also named Chairperson of the Nominating and Governance Committee and joined the Strategy Committee. The filing describes a board governance change rather than a change in financial results or company operations.
Krishna G. Palepu elected Class II director effective January 31, 2025, serving until the 2025 annual meeting
Appointed Chairperson of the Nominating and Governance Committee and member of the Strategy Committee
Board determined Dr. Palepu is independent under Rule 10A-3 and Nasdaq rules; receives same director fees, pro-rated from election date
Allegro MicroSystems reported fiscal third-quarter net sales of $177.9 million, down 30% from $255.0 million a year earlier and down from $187.4 million in the prior quarter, and posted a GAAP diluted loss of $0.04 per share versus earnings of $0.17. For the fourth quarter ending March 28, 2025, the company expects net sales of $180 million to $190 million and non-GAAP diluted EPS of $0.03 to $0.07.
Net sales were $177.9 million for the quarter ended December 27, 2024, versus $255.0 million a year earlier, and $187.4 million in the September 27, 2024 quarter.
GAAP diluted EPS was $(0.04) versus $0.17 a year earlier; non-GAAP diluted EPS was $0.07 versus $0.32.
Fourth-quarter guidance calls for net sales of $180 million to $190 million and non-GAAP diluted EPS of $0.03 to $0.07.
Interest expense is now expected to be about $6 million, reflecting the expected term loan repricing and a $30 million fourth-quarter debt repayment.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.
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