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Allegro MicroSystems's revenue is $1.0 billion.

What is Allegro MicroSystems's revenue?

Allegro MicroSystems's annual revenue is $1.0B. Zippia's data science team found the following key financial metrics about Allegro MicroSystems after extensive research and analysis.
  • Allegro MicroSystems's revenue growth from 2019 to 2023 is 61.42%.
  • Allegro MicroSystems has 3,000 employees, and the revenue per employee ratio is $349,789.
  • Allegro MicroSystems's peak quarterly revenue was $278.3M in 2023(q1).
  • Allegro MicroSystems peak revenue was $1.0B in 2023.
  • Allegro MicroSystems annual revenue for 2022 was 973.7M, 26.67% growth from 2021.
  • Allegro MicroSystems annual revenue for 2023 was 1.0B, 7.78% growth from 2022.

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Most recent quarter revenue
$177.9M (Q3'2024)
Company most recent quarter revenue
Peak revenue
$1.0B (2023)
Company peak revenue
Revenue / employee
$349,789
Company revenue / employee

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Most recent quarter revenue
$177.9M (Q3'2024)
Company most recent quarter revenue
Peak revenue
$1.0B (2023)
Company peak revenue
Revenue / employee
$349,789
Company revenue / employee

Allegro MicroSystems historical revenue

Allegro MicroSystems's peak revenue was $1.0B in 2023. The peak quarterly revenue was $278.3M in 2023(q1).

Allegro MicroSystems's revenue increased from $650.1m in 2019 to $1.0B currently. That's a 61.42% change in annual revenue.

Allegro MicroSystems annual revenue

$1B
$839M
$630M
$420M
$210M
$0
2019
2020
2021
2022
2023

Allegro MicroSystems annual revenue over time

Fiscal year / yearAllegro MicroSystems revenue
2019$650.1M
2020$591.2M
2021$768.7M
2022$973.7M
2023$1.0B

How accurately did Allegro MicroSystems' revenue projections match actual performance?

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Allegro MicroSystems annual growth

Allegro MicroSystems saw the greatest revenue growth in 2021, when revenue increased by 30.02%.

Allegro MicroSystems had the lowest revenue growth in 2020, when revenue changed by -9.06%.

Allegro MicroSystems annual growth rate over time

YearAllegro MicroSystems growth
2020
-9%
2021
30%
2022
27%
2023
8%

Allegro MicroSystems quarterly revenue over time

  • Q1
  • Q2
  • Q3
  • Q4
$278M
$223M
$167M
$111M
$56M
$0
2020
2021
2022
2023
2024

Allegro MicroSystems quarterly growth rate over time

YearQ1Q2Q3Q4
2020-$136.6M$164.4M$175.1M
2021$188.1M$193.6M$186.6M$200.3M
2022$217.8M$237.7M$248.8M$269.4M
2023$278.3M$275.5M$255.0M$240.6M
2024$166.9M$187.4M$177.9M-

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Allegro MicroSystems financial information

CEORavi Vig
IndustryTechnology Hardware & Equipment
Company TypePublic
Employees Number3,000
Date Founded1990
HeadquartersWorcester, Massachusetts
Number of Locations20
Revenue$1.0B
Net Income$187,357,000
Gross Proft$574.5M (2023)
Tax Rate0.2%
Total Assets$1,181,155,000
TickerALGM

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Allegro MicroSystems competitors

Allegro MicroSystems's top competitor, STMicroelectronics, earned an annual revenue of $16.1B.

Allegro MicroSystems's smallest competitor is Rubicon Technology with revenue of $3.6M last year.

Allegro MicroSystems revenue FAQs

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Zippia gives an in-depth look into the details of Allegro MicroSystems, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Allegro MicroSystems. The employee data is based on information from people who have self-reported their past or current employments at Allegro MicroSystems. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Allegro MicroSystems. The data presented on this page does not represent the view of Allegro MicroSystems and its employees or that of Zippia.

Allegro MicroSystems may also be known as or be related to ALLEGRO MICROSYSTEMS INC., Allegro MicroSystems, Allegro MicroSystems Inc, Allegro MicroSystems LLC, Allegro Microsystems, Allegro Microsystems, Inc. and Allegro Microsystems, Llc.