Allegro announced its Q3 FY2026 financial results, with sales exceeding expectations.

Allegro recently released its financial results for the third quarter of fiscal year 2026, showing sales of $229 million, exceeding previous expectations. The automotive business saw significant sales growth, increasing by 28% year-over-year, with the e-Mobility business particularly strong, growing by 46%. Industrial sales also saw a 31% increase, and the data center business achieved a new quarterly sales record. The company projects total net sales for the fourth quarter of fiscal year 2026 to be between $230 million and $240 million, representing a 22% year-over-year increase.