Adjustments for Non-Cash Items (USD, thousands)

Stock-Based Compensation (USD, thousands)

Changes in Working Capital (USD, thousands)

Capital Expenditures (CapEx) (USD, thousands)

Proceeds from / Repayments of Debt (USD, thousands)

Share Repurchases (USD, thousands)

Dividend Payments (USD, thousands)

Net Change in Cash (USD, thousands)

f628763417351c903e544a4de3bc13ef9c5f2e8d378c48c9a4abd9e5e995d245

Total Revenue (USD, thousands)

Cost of Goods Sold (COGS) (USD, thousands)

SG&A (USD, thousands)

R&D (USD, thousands)

D&A (USD, thousands)

Interest Expense (USD, thousands)

Operating Income (EBIT) (USD, thousands)

Net Income (USD, thousands)

EPS - Basic (USD)

EPS - Diluted (USD)

474a8977f34b3d958e6637a617a692d347e647ef7d0e49d22989413331bfd3bf

Current Assets (USD, thousands)

Cash and Cash Equivalents (USD, thousands)

Accounts Receivable (USD, thousands)

Inventory (USD, thousands)

Non-Current Assets (USD, thousands)

Property, Plant, and Equipment (PP&E) (USD, thousands)

Goodwill (USD, thousands)

Intangible Assets (USD, thousands)

Current Liabilities (USD, thousands)

Accounts Payable (USD, thousands)

Short-term Debt (USD, thousands)

Accrued Expenses (USD, thousands)

Non-Current Liabilities (USD, thousands)

Long-term Debt (USD, thousands)

Deferred Tax Liabilities (USD, thousands)

Shareholders' Equity (USD, thousands)

Retained Earnings (USD, thousands)

Common Stock (USD, thousands)

Additional Paid-in Capital (USD, thousands)

a31f1ce4c9dc7f59c4f213c4909916768cb63180154bf788878d3911e98efffa

Automotive

- Industrial

- Other

Power ICs (PIC)

Magnetic Sensors (MS)

Photonics

Total Revenue

7e16e74a0467c6db589c7cec095b1e2e53859eb005ed83c316ec1d355293981d

Americas

- United States

- Other Americas

EMEA

- Europe

Asia

- Greater China

- Japan

- South Korea

- Other Asia

5dc1c201413c07ae3dc1096207ec7ab61ee4ab4cacb63a7d3f5b5c12c2894fdd

b428fd813d7281aa50d59cb35b70a32ec142f44ed2fba6f46d29a9061eee43fe

ALGM’s **cash and cash equivalents** fell sharply in Q3 2025 mainly due to a combination of factors. There was a significant **net cash outflow from financing activities**, driven by major outflows for common stock repurchases (**$853,921k**) and the repayment of the 2023 Term Loan Facility (**$75,000k**), which were only partially offset by proceeds from issuing common stock (**$665,850k**) and refinancing the term loan (**$193,483k**).  **[0000950170-25-011434_algm-20241227.htm:34]** **[0000950170-25-011434_algm-20241227.htm:7]**  Additionally, **net cash used in investing activities of $34,245k**—primarily for purchases of property, plant, and equipment—compounded the decline. A further contributor was a lower generation of cash from operating activities, along with a minor negative impact of **$1,305k** from exchange rate changes.  **[0000950170-25-011434_algm-20241227.htm:34]** **[0000950170-25-011434_algm-20241227.htm:7]** 

Why did Cash and cash equivalents drop so sharply in Q3 2025?

The decline in Total assets in Q3 2025 was driven by several key factors. **Cash and cash equivalents fell significantly**—a reduction of **$73,691 thousand**—due to a **$25 million voluntary principal payment**, negative cash flow from operations, and capital expenditures in Q3 2025.  **[ALGM_3413724_3]** **[0000950170-25-010785_algm-ex99_1.htm:8]**  **Trade accounts receivable also declined** by **$34,703 thousand**, likely reflecting lower sales and improved collections.  **[0000950170-25-010785_algm-ex99_1.htm:7]** **[0000950170-25-011434_algm-20241227.htm:3]**  Additionally, while **inventories increased** by **$30,838 thousand** as the company built a strategic wafer and die bank inventory  **[ALGM_3413724_3]** **[0000950170-25-010785_algm-ex99_1.htm:8]** , **intangible assets** decreased by **$15,301 thousand** due to amortization  **[0000950170-25-011434_algm-20241227.htm:12]** , and **other assets** dropped by **$6,853 thousand**, reflecting changes in deferred costs or other long-term assets.  **[0000950170-25-010785_algm-ex99_1.htm:7]** 

What factors contributed to the decline in Total assets in Q3 2025?

The dramatic surge in Allegro MicroSystems' long-term debt in Q3 2024 was primarily driven by the **repayment of a term loan facility**. This event increased the long-term debt from **$25,000 thousand** to **$250,464 thousand**, with a repayment amount of **$245,452 thousand** fueling the change.  **[0000950170-24-009608_algm-ex99_1.htm:6]** **[0000950170-24-011712_algm-20231229.htm:3]** **[0000950170-24-009608_algm-ex99_1.htm:7]** 

What drove the dramatic surge in Long-term debt in Q3 2024?

62c2fbfcbf8bea703a13cf1bf789d7420d4328263c017f2e12440bef6b324cdd

Net cash provided by operating activities (USD, thousands)

Net cash used in investing activities (USD, thousands)

Net cash (used in) provided by financing activities (USD, thousands)

Effect of exchange rate changes on cash and cash equivalents and restricted cash (USD, thousands)

Net decrease in cash and cash equivalents and restricted cash (USD, thousands)

Purchases of property, plant and equipment (USD, thousands)

Acquisition of business, net of cash acquired (USD, thousands)

Sales of marketable securities (USD, thousands)

Net proceeds from Refinanced 2023 Term Loan Facility (USD, thousands)

Repayment of 2023 Term Loan Facility (USD, thousands)

Repayment of 2020 Term Loan Facility (USD, thousands)

Repayment of other debt (USD, thousands)

Finance lease payments (USD, thousands)

Receipts on related party notes receivable (USD, thousands)

Payments for taxes related to net share settlement of equity awards (USD, thousands)

Proceeds from issuance of common stock under employee stock purchase plan (USD, thousands)

Repurchases of common stock (USD, thousands)

Net proceeds from issuance of common stock (USD, thousands)

Payments of debt issuance costs (USD, thousands)

Borrowings of 2023 Term Loan Facility, net of deferred financing costs (USD, thousands)

Payment of borrowings under 2023 Term Loan Facility (USD, thousands)

Dividends paid to non-controlling interest (USD, thousands)

Proceeds from sales of property, plant and equipment (USD, thousands)

Sales (purchases) in marketable securities (USD, thousands)

Loans made to related party (USD, thousands)

Cash and cash equivalents and restricted cash at beginning of period (USD, thousands)

Cash and cash equivalents and restricted cash at end of period (USD, thousands)

71b5608dade92637a823deb63280af560f0f759874b8a8dafb5abf796fe80f81

Net sales (USD, thousands)

Net sales to related party (USD, thousands)

Total net sales (USD, thousands)

Cost of goods sold (USD, thousands)

Cost of goods sold to related party (USD, thousands)

Gross profit (USD, thousands)

Research and development expenses (USD, thousands)

Selling, general and administrative expenses (USD, thousands)

Total operating expenses (USD, thousands)

Operating income (loss) (USD, thousands)

Interest expense (USD, thousands)

Interest income (USD, thousands)

Loss on change in fair value of forward repurchase contract (USD, thousands)

Other (expense) income, net (USD, thousands)

(Loss) income before income taxes (USD, thousands)

Income tax (benefit) provision (USD, thousands)

Net (loss) income (USD, thousands)

Net income attributable to non-controlling interests (USD, thousands)

Net (loss) income attributable to Allegro MicroSystems, Inc. (USD, thousands)

Net (loss) income per common share attributable to Allegro MicroSystems, Inc. Basic (USD)

Net (loss) income per common share attributable to Allegro MicroSystems, Inc. Diluted (USD)

Allegro Microsystems Inc (ALGM)

Financials