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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.
| Fiscal year / year | Allegro 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?
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%.
| Year | Allegro MicroSystems growth |
|---|---|
| 2020 | -9%↓ |
| 2021 | 30%↑ |
| 2022 | 27%↑ |
| 2023 | 8%↑ |
| Year | Q1 | Q2 | Q3 | Q4 |
|---|---|---|---|---|
| 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 | - |
Do you work at Allegro MicroSystems?
Is Allegro MicroSystems transparent about its revenue structure?
| CEO | Ravi Vig |
| Industry | Technology Hardware & Equipment |
| Company Type | Public |
| Employees Number | 3,000 |
| Date Founded | 1990 |
| Headquarters | Worcester, Massachusetts |
| Number of Locations | 20 |
| Revenue | $1.0B |
| Net Income | $187,357,000 |
| Gross Proft | $574.5M (2023) |
| Tax Rate | 0.2% |
| Total Assets | $1,181,155,000 |
| Ticker | ALGM |
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.
| Company name | Average salary | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Analog Devices | $90,819 | $9.4B | 15,300 | 400 |
| STMicroelectronics | $110,014 | $16.1B | 46,000 | 10 |
| Texas Instruments | $100,326 | $15.6B | 29,888 | 338 |
| Microsemi | $86,952 | $1.8B | 4,400 | - |
| KEMET Corporation | $53,835 | $1.3B | 14,850 | 19 |
| Omron Automation - Americas | $66,426 | $8.3B | 39,427 | 31 |
| Kopin | $70,542 | $40.4M | 180 | 3 |
| Vishay | $60,585 | $3.2B | 20,900 | 87 |
| ON Semiconductor | $67,261 | $7.1B | 36,000 | 38 |
| Molex | $55,060 | $3.6B | 45,000 | 125 |
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.