AOSLNasdaqSemiconductors & Related DevicesFiscal year ends June 30
ALPHA & OMEGA SEMICONDUCTOR Ltd
Financials through Q4 FY2026, quarter ended Jun 30, 2026Last filing: 10-K on Aug 27, 2026
$22.60+0.85 (+3.91%)
Close on Oct 19, 2026
- Market cap
- $681.23M
- P/E (TTM)
- –
- Dividend yield
- 0.00%
Margins
Share of revenue, fiscal years 2012 to 2026
Gross margin
22.3%−8.8 pts over 5 years
Operating margin
-6.4%−16.1 pts over 5 years
Net margin
-6.2%−15.1 pts over 5 years
Growth rates
Compound annual growth to fiscal 2026
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | -2.5% | -0.6% | +0.7% | +7.3% | |
| Gross profit | -5.9% | -8.8% | -5.8% | +8.7% |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2017 | FY2021 | FY2026 | Trend |
|---|---|---|---|---|
| Return on equity | 5.4% | 17.4% | -5.2% | |
| Return on assets | 3.9% | 6.8% | -4.2% | |
| Current ratio | 2.38 | 1.75 | 3.44 | |
| Debt to equity | 0.00 | 0.36 | 0.00 | |
| Net debt to EBITDA | -2.87× | -0.59× | -12.60× | |
| Interest coverage | 144.4× | – | -55.7× | |
| Inventory turnover | 4.0× | 3.1× | 2.7× | |
| Capex to revenue | – | 11.1% | 7.6% | |
| Diluted shares | 25M | 27M | 30M |
Where the cash went
Fiscal 2022 to 2026, five years combined
Alpha & Omega Semiconductor generated $311.04M from operations and spent $406.05M on capital expenditure, dividends and share buybacks. 92% of that went back into the business.
Generated
$311.04M
Used
$406.05M
Capital expenditure$374.46M92%Dividends$00%Share buybacks$31.59M8%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin-6.2%
×Asset turnover0.68×
×Equity multiplier1.23×
=Return on equity, FY2026-5.2%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2026 | -6.2% | 0.68× | 1.23× | -5.2% |
| FY2025 | -13.9% | 0.64× | 1.27× | -11.3% |
| FY2024 | -1.7% | 0.56× | 1.32× | -1.2% |
| FY2023 | 1.8% | 0.55× | 1.44× | 1.4% |
| FY2022 | 58.3% | 0.70× | 1.81× | 73.8% |
| FY2021 | 8.8% | 0.77× | 2.57× | 17.4% |
| FY2020 | -1.4% | 0.61× | 2.62× | -2.3% |
| FY2019 | 0.4% | 0.64× | 2.47× | 0.7% |
| FY2018 | 3.4% | 0.79× | 1.94× | 5.2% |
| FY2017 | 3.6% | 1.07× | 1.40× | 5.4% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2026 against fiscal 2025
5of 9 tests passed in fiscal 2026. Scores of 7 to 9 are usually read as strong.
- ProfitableNet income above zero-$42.27M
- Cash generatingOperating cash flow above zero-$16.32M
- Return on assets improvedROA up on the prior year-8.5% → -4.1%
- Earnings backed by cashOperating cash flow above net income-$16.32M vs -$42.27M
- Less leverageLong-term debt to assets fell1.4% → 0.1%
- Better liquidityCurrent ratio rose2.56 → 3.44
- No dilutionShare count did not rise29M → 30M
- Gross margin improvedGross margin up on the prior year23.13% → 22.32%
- More efficientAsset turnover rose0.61 → 0.66