Allegro pivots to AI/robotics, grows revenue 23% to $890M; data center sales accelerate

Filed May 21, 2026 · Period ending March 27, 2026 · Compared to 10-K May 22, 2025 · ~2 min read

Key Changes

• high

  Revenue grew 22.8% to $890M in FY2026 after prior-year 31% decline; gross margin improved 200bp to 46.3%; net loss narrowed to $14.9M from $73M as inventory digestion completed and data center demand accelerated.

  MD&A: Financial Results verify on EDGAR →
• high

  Mission statement rewritten to emphasize AI and robotics as core focus areas; data center sales grew as percentage of total revenue with motor drivers and current sensors contributing, IGDs in customer sampling for next-gen data centers.

  Business: Mission & Strategy verify on EDGAR →
• high

  Unit shipments jumped 40% to 2.1B annually; customer base expanded 50% to 15,000; industrial revenue surged 38% driven by data centers, automation, robotics, and medical applications reversing prior-year 35% decline.

  Business & MD&A: Scale Metrics verify on EDGAR →