Allegro MicroSystems, Inc. focuses on the creation, production, and worldwide distribution of sophisticated integrated circuits (ICs). Their primary offerings consist of sensor ...
Allegro MicroSystems, Inc. (NASDAQ: ALGM) is a global semiconductor company specializing in sensor ICs and analog power ICs. Founded in 1990 and headquartered in Manchester, New Hampshire, the company operates as a subsidiary of Sanken Electric Co., Ltd. and has been publicly traded since October 2020. Allegro designs, develops, and manufactures advanced integrated circuits for motion control, energy efficiency, and safety applications, with a strong focus on the automotive and industrial markets. Their product portfolio includes magnetic sensor ICs for position, speed, and current sensing; power management ICs such as motor drivers, voltage regulators, and LED drivers; and photonic and 3D sensing components for LiDAR systems. These products are essential for electric vehicles, factory automation, data centers, and clean energy solutions. The company sells to OEMs and suppliers through a global distribution network, including direct sales, independent representatives, and third-party distributors. As of the latest data, Allegro employs over 4,000 people worldwide and ships approximately 2 billion units annually to more than 15,000 customers. With a revenue of $890.1 million in the fiscal year 2025, the company maintains a solid balance sheet with a market cap around $8.15 billion as of the latest quote. Financially, Allegro has shown profitability with a net margin of 1.5% and strong liquidity, with a current ratio of 3.7. The company's technology leadership is backed by extensive R&D investment, with R&D expenses accounting for 22.5% of revenue. Led by CEO Michael Doogue, who has been with the company for 27 years, Allegro continues to innovate in areas like e-mobility, clean energy, and automation, positioning itself as a key player in the global push for energy efficiency and electrification.
