---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-057742"
form_type: "8-K"
ticker: "ALGM"
cik: "0000866291"
company_name: "ALLEGRO MICROSYSTEMS, INC."
filed_at: "2023-11-02T23:59:59+00:00"
generated_at: "2026-06-09T01:24:43.968866+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Allegro Q2 net sales $276M (+16% YoY); auto up 31%, e-mobility milestone

## Summary
- Net sales $276M, +16% YoY; GAAP diluted EPS $0.34, +31% YoY.
- Automotive sales $206M, +31% YoY; e-mobility grew ~60% to 50% of auto sales.
- GAAP gross margin 57.9% (up from 55.5%); operating margin 26.5% (up from 25.2%).
- Non-GAAP diluted EPS $0.40, +29% YoY.
- Industrial sales $51M (+6% YoY); other sales $18.5M (-42% YoY).

## SEC filing metadata
- accession: 0000950170-23-057742
- form_type: 8-K
- ticker: ALGM
- cik: 0000866291
- company_name: ALLEGRO MICROSYSTEMS, INC.
- filed_at: 2023-11-02T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/866291/000095017023057742/0000950170-23-057742-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/866291/000095017023057742/algm-20231102.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-057742
- JSON: https://secwatch.observer/filing/0000950170-23-057742.json
- Plain text: https://secwatch.observer/filing/0000950170-23-057742.txt

## Key facts
- Earnings Releases
  ALLEGRO MICROSYSTEMS, INC. reported quarter ended September 29, 2023 results: revenue $276 million dollars, EPS $0.40.
  - Period: quarter ended September 29, 2023
  - Revenue: $276 million dollars
  - EPS: $0.40
  - Result: reported results
  source text: “We delivered second quarter net sales of $276 million dollars, up 16% year-over-year, driven by continued strength in Automotive, which grew 31% year-over-year. We also achieved record non-GAAP Diluted Earnings per Share of $0.40, an increase of 29% year-over-year,”
  evidence_url: https://www.sec.gov/Archives/edgar/data/866291/000095017023057742/0000950170-23-057742-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.