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Alpha & Omega Semiconductor (AOSL) Q4 FY2026 earnings: revenue $170 million, down 3.5% on the year

Alpha & Omega Semiconductor Ltd. (AOSL) reported revenue of $170 million for Q4 FY2026, the quarter ended 30 June 2026, down 3.5% on the same quarter a year earlier. Net income was -$13 million, and diluted earnings per share $-0.43. The figures are the company's own, from the 10-K it filed with the SEC on 27 August 2026.

Revenue$170 milliondown 3.5%
Net income-$13 million
Diluted EPS$-0.43
QuarterQ4 FY2026ended 30 June 2026

What management said

Guidance figures: 14 new.

  • AI and server applications leading: AI, server, workstation and cloud applications drove Advanced Computing growth with expanding engagement from ODMs, module makers, and hyperscale customers.
  • Q1 Computing expected nearly flat: Despite PC market weakness, Advanced Computing growth of 40%+ expected to largely offset declines for flattish overall segment growth.
  • Tier 1 U.S. smartphone ramp beginning: New product ramp with major Tier 1 U.S. smartphone customer starting, with strong position in premium platforms driving Bill of Materials content gains.
Read the earnings call summary

The quarter, against the one before and a year earlier

LineQ4 FY2026Q3 FY2026Q4 FY2025Change on the year
Revenue170164176-3.5%
Cost of revenue131129135-3.1%
Gross profit39.334.541.3-4.7%
Gross margin23.1%21.1%23.4%
Research and development28.526.124.4+16.5%
Selling, general and administrative21.922.528.5-23.2%
Operating income-11.0-14.1-11.6n/a
Operating margin-6.4%-8.6%-6.6%
Interest expense0.10.10.5-77.0%
Pre-tax income-9.7-12.6-12.6n/a
Income tax3.01.0-11.6n/a
Net income-13.1-13.8-77.1n/a
Net margin-7.7%-8.4%-43.7%
Diluted EPS-$0.43-$0.46-$2.58n/a
$ million except per share.
Read moreFourth quarters are the year less the first three quarters. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.

Cash flow and capital returned

LineQ4 FY2026Q3 FY2026Q4 FY2025Change on the year
Operating cash flow-10.0-8.3-2.8n/a
Capital expenditure14.912.114.3+3.9%
Free cash flow-24.9-20.5-17.2n/a
Free cash flow margin-14.6%-12.5%-9.7%
Cash from investing-2.113.7-14.3n/a
Cash from financing2.8-11.40.8+261.8%
Depreciation and amortisation14.514.315.4-6.2%
Share-based compensation6.25.17.6-18.6%
Buybacksn/a4.2n/an/a
Diluted shares, weighted30m30m30m+0.7%
Shares outstanding at period end30m30m30m+0.8%

Cash flow lines for the quarter; where the company files them year to date, the quarter is the difference between two filings.

Balance sheet at quarter end

LineQ4 FY2026Q3 FY2026Q4 FY2025Change on the year
Shareholders' equity798800822-3.0%
Debt3.64.426.8-86.4%
Operating lease liabilities16.817.216.9-0.8%
Finance lease liabilities0.20.51.3-85.2%
Other liabilities145154167-13.2%
Total liabilities and equity9649761,034-6.8%
Fixed assets315314314+0.2%
Goodwill0.30.30.3+0.0%
Intangible assets1.11.20.0n/a
Cash and equivalents181190153+18.1%
Receivables42.838.334.8+23.1%
Inventory201199190+6.2%
Other assets223233342-35.0%
Total assets9649761,034-6.8%

Questions

What was Alpha & Omega Semiconductor's revenue in Q4 FY2026?

Alpha & Omega Semiconductor (AOSL) reported revenue of $170 million for Q4 FY2026, the quarter ended 30 June 2026, down 3.5% on the same quarter a year earlier.

How much did Alpha & Omega Semiconductor earn in Q4 FY2026?

Net loss for Q4 FY2026 was $13 million, and the diluted loss per share $0.43.

When did Alpha & Omega Semiconductor report Q4 FY2026 results?

Alpha & Omega Semiconductor filed its 10-K for the year that ended with the quarter on 27 August 2026; the fourth quarter is the year less the first three.

Quarterly results, the last 12 quarters

Q1 FY2024Q2 FY2024Q3 FY2024Q4 FY2024 *Q1 FY2025Q2 FY2025Q3 FY2025 †Q4 FY2025 *Q1 FY2026Q2 FY2026Q3 FY2026Q4 FY2026 *
Revenue181165150161182173165176183162164170
Cost of revenue130121115120137133129135140127129131
Gross profit50.944.035.641.444.540.035.241.342.834.834.539.3
Gross margin28%27%24%26%24%23%21%23%23%21%21%23%
R&D22.122.923.121.822.524.023.424.424.125.226.128.5
SG&A19.422.223.021.122.322.022.428.523.323.222.521.9
Operating income9.4-1.1-10.5-1.5-0.3-5.9-10.7-11.6-4.6-13.6-14.1-11.0
Operating margin5%-1%-7%-1%-0%-3%-6%-7%-3%-8%-9%-6%
Interest expensen/a1.01.0n/a0.80.70.60.50.40.20.10.1
Pre-tax income9.6-1.3-9.9-1.0-0.4-4.8-10.4-12.6-1.6-11.7-12.6-9.7
Tax rate12%n/an/an/an/an/an/an/an/an/an/an/a
Net income5.8-2.9-11.2-2.7-2.5-6.6-10.8-77.1-2.1-13.3-13.8-13.1
Net margin3%-2%-7%-2%-1%-4%-7%-44%-1%-8%-8%-8%
Diluted EPS$0.19-$0.10-$0.39-$0.09-$0.09-$0.23-$0.37-$2.58-$0.07-$0.45-$0.46-$0.43
Operating cash flow13.8-23.528.27.111.014.17.4-2.810.2-8.1-8.3-10.0
Capital expenditure12.59.57.77.36.97.58.414.39.815.012.114.9
Free cash flow1.3-33.020.5-0.24.16.6-1.1-17.20.4-23.1-20.5-24.9
Buybacksn/an/an/an/an/an/a0.0n/an/an/a4.2n/a
Shares outstanding28m28m29m29m29m29m30m30m30m30m30m30m
Filing10-Q10-Q10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q10-Q10-K
Each quarter as filed, linked to its filing.
Read more* The fourth quarter is the full year less the first three quarters, because the company files the year and not the quarter on its own. A fourth quarter's EPS and diluted share count are from the company's results press release for that quarter, used where the release gives the same revenue and net income as the table. A quarter marked † is shown as the company last restated it in a later filing, so it compares with the quarters around it on one basis; rest on a figure for the one first filed. EPS is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and the share count are as they are. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Cash flow lines filed year to date are the difference between two filings. Shares outstanding are at the period end where the balance sheet tags them, otherwise the count on the filing's cover page. A derived fourth-quarter EPS is left blank when a split in the year makes the arithmetic meaningless.

Source

10-K for the period ended 30 June 2026, filed 27 August 2026, accession 0001628280-26-059261: the filing on EDGAR. All of Alpha & Omega Semiconductor Ltd.'s filings: EDGAR company page.

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