Alpha & Omega Semiconductor (AOSL) FY2026 results: revenue $679 million, down 2.5% on the year
Alpha & Omega Semiconductor Ltd. (AOSL) reported revenue of $679 million for fiscal 2026, the year ended 30 June 2026, down 2.5% on the year before. Net income was -$42 million, and diluted earnings per share $-1.41. The figures are the company's own, from the 10-K it filed with the SEC on 27 August 2026.
Revenue
$679 million
-2.5% on the year
FY2019FY2026
Operating margin
-6.4%
-4.1% a year earlier
FY2019FY2026
Net income
-$42 million
FY2019FY2026
Diluted EPS
-$1.41
FY2019FY2026
this yearthe year beforeHover a bar for its figure.
The year in brief
What management said about the year
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.
Q1 Power & Industrial up nearly 30%: Power Supply & Industrial expected to grow nearly 30% sequentially in Q1 driven by Power Tools and DC fans.
Non-GAAP margin rebounded strongly: Non-GAAP gross margin rebounded to 23.7% from 21.7% prior quarter on better product mix and higher utilization.
$ million except per share. Read moreFree 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
$ million
FY2026
FY2025
FY2024
On the year
Last 8 years
Operating cash flow
-16.3
29.7
25.7
Capital expenditure
51.8
37.2
37.1
+39.2%
Free cash flow
-68.1
-7.5
-11.4
Free cash flow margin
-10.0%
-1.1%
-1.7%
Cash from investing
86.1
-36.4
-35.7
Cash from financing
-41.8
-15.5
-9.9
Depreciation and amortisation
57.3
62.4
53.8
-8.2%
Share-based compensation
26.7
29.6
21.6
-9.8%
Buybacks
18.2
0.0
0.0
Dividend per share
$0.00
$0.00
$0.00
Diluted shares, weighted
30m
29m
28m
+1.9%
Shares outstanding at period end
30m
30m
29m
+0.8%
Balance sheet
$ million
FY2026
FY2025
FY2024
On the year
Last 8 years
Shareholders' equity
798
822
892
-3.0%
Debt
3.6
26.8
38.4
-86.4%
Operating lease liabilities
16.8
16.9
20.5
-0.8%
Finance lease liabilities
0.2
1.3
2.3
-85.2%
Other liabilities
145
167
192
-13.2%
Total liabilities and equity
964
1,034
1,145
-6.8%
Fixed assets
315
314
337
+0.2%
Goodwill
0.3
0.3
0.3
0.0%
Intangible assets
1.1
0.0
3.2
Cash and equivalents
181
153
175
+18.1%
Receivables
42.8
34.8
12.5
+23.1%
Inventory
201
190
196
+6.2%
Other assets
223
342
421
-35.0%
Total assets
964
1,034
1,145
-6.8%
10-K for the year ended 30 June 2026, filed 27 August 2026: the filing.