Alpha and Omega Semiconductor Limited share price today
Alpha and Omega Semiconductor Limited · AOSL · Technology · Semiconductors · price as of the 4 November 2026 close, updated every trading day · results updated weekly · All US stock lists
Alpha and Omega Semiconductor Limited share price: $21.17 at the close on 4 November 2026, +4.2% in a year.
Alpha and Omega Semiconductor Limited's share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer.
Biggest thing to watch: the price is not yet in a clear uptrend, so timing is the risk more than the business.
The price has been between phases. Over the last four quarters, results have been deteriorating, and 71% of the last 3 years' profit came in as cash. What will decide it: the next one or two quarters of results.
What is the Alpha and Omega Semiconductor Limited share price today?
Alpha and Omega Semiconductor Limited's share price was $21.17 at the close on 4 November 2026. That is 30.5% below its average price over the last 200 trading days. In the last 52 weeks it traded between $18 and $48, and at that close it sat 9% of the way up from that low.
A share price tends to move through four phases: moving sideways (stage 1), rising (stage 2), stalling near a high (stage 3) and falling (stage 4). The phase helps read everything below.
Over the past 13 weeks it has done worse than the S&P 500, and it has been behind for 17 weeks running.
Nov 2026: $21.17, 30.5% below its 200-day average.
- Price $21.17
- 50-day avg $25.34
- 200-day avg $30.48
| Week | Price | 50-day avg | 200-day avg |
|---|---|---|---|
| 11 Jul 2025 | $27.64 | – | – |
| 18 Jul 2025 | $28.65 | – | – |
| 25 Jul 2025 | $27.29 | – | – |
| 1 Aug 2025 | $24.82 | – | – |
| 8 Aug 2025 | $25.83 | – | – |
| 15 Aug 2025 | $26.50 | – | – |
| 22 Aug 2025 | $28.84 | – | – |
| 29 Aug 2025 | $28.77 | – | – |
| 5 Sep 2025 | $27.95 | – | – |
| 12 Sep 2025 | $28.43 | – | – |
| 19 Sep 2025 | $28.62 | $27.62 | – |
| 26 Sep 2025 | $28.47 | $27.83 | – |
| 3 Oct 2025 | $28.22 | $27.76 | – |
| 10 Oct 2025 | $25.66 | $27.79 | – |
| 17 Oct 2025 | $30.46 | $28.28 | – |
| 24 Oct 2025 | $30.25 | $28.65 | – |
| 31 Oct 2025 | $28.06 | $28.90 | – |
| 7 Nov 2025 | $20.32 | $28.43 | – |
| 14 Nov 2025 | $18.46 | $27.52 | – |
| 21 Nov 2025 | $18.64 | $26.47 | – |
| 28 Nov 2025 | $20.28 | $25.78 | – |
| 5 Dec 2025 | $21.24 | $24.92 | – |
| 12 Dec 2025 | $20.35 | $24.31 | – |
| 19 Dec 2025 | $20.34 | $23.53 | – |
| 26 Dec 2025 | $20.14 | $22.81 | – |
| 2 Jan 2026 | $20.66 | $21.93 | – |
| 9 Jan 2026 | $22.08 | $21.16 | – |
| 16 Jan 2026 | $22.51 | $20.60 | – |
| 23 Jan 2026 | $22.03 | $20.66 | – |
| 30 Jan 2026 | $22.10 | $21.03 | – |
| 6 Feb 2026 | $21.36 | $21.38 | – |
| 13 Feb 2026 | $22.65 | $21.46 | – |
| 20 Feb 2026 | $22.38 | $21.53 | – |
| 27 Feb 2026 | $21.01 | $21.60 | – |
| 6 Mar 2026 | $19.86 | $21.63 | – |
| 13 Mar 2026 | $21.51 | $21.70 | – |
| 20 Mar 2026 | $20.82 | $21.70 | – |
| 27 Mar 2026 | $22.05 | $21.74 | – |
| 2 Apr 2026 | $22.71 | $21.72 | – |
| 10 Apr 2026 | $25.98 | $21.92 | – |
| 17 Apr 2026 | $33.88 | $22.77 | – |
| 24 Apr 2026 | $44.45 | $24.73 | $24.88 |
| 1 May 2026 | $43.08 | $26.69 | $25.24 |
| 8 May 2026 | $37.90 | $28.68 | $25.58 |
| 15 May 2026 | $38.87 | $30.57 | $25.88 |
| 22 May 2026 | $41.72 | $32.49 | $26.23 |
| 29 May 2026 | $45.35 | $34.61 | $26.67 |
| 5 Jun 2026 | $42.01 | $37.25 | $27.21 |
| 12 Jun 2026 | $45.21 | $39.29 | $27.58 |
| 18 Jun 2026 | $48.04 | $41.09 | $27.91 |
| 26 Jun 2026 | $43.99 | $42.81 | $28.34 |
| 2 Jul 2026 | $37.11 | $43.39 | $28.63 |
| 10 Jul 2026 | $37.56 | $42.97 | $28.83 |
| 17 Jul 2026 | $31.27 | $42.06 | $28.94 |
| 24 Jul 2026 | $30.85 | $41.35 | $29.08 |
| 31 Jul 2026 | $31.74 | $40.38 | $29.14 |
| 7 Aug 2026 | $36.08 | $39.36 | $29.20 |
| 14 Aug 2026 | $30.77 | $37.81 | $29.29 |
| 21 Aug 2026 | $26.39 | $36.28 | $29.27 |
| 28 Aug 2026 | $24.63 | $34.38 | $29.35 |
| 4 Sep 2026 | $25.20 | $32.23 | $29.50 |
| 11 Sep 2026 | $25.78 | $30.66 | $29.64 |
| 18 Sep 2026 | $25.40 | $29.44 | $29.76 |
| 25 Sep 2026 | $27.93 | $28.73 | $29.91 |
| 2 Oct 2026 | $30.24 | $28.23 | $30.09 |
| 9 Oct 2026 | $27.87 | $28.14 | $30.31 |
| 16 Oct 2026 | $21.75 | $27.30 | $30.41 |
| 23 Oct 2026 | $21.91 | $26.12 | $30.44 |
| 30 Oct 2026 | $22.98 | $25.63 | $30.49 |
| 4 Nov 2026 | $21.17 | $25.34 | $30.48 |
Week by week since 2025: did it beat the S&P 500 over the past 13 weeks?
Ahead in 25 of 57 weeks
| Week | 13-week return vs S&P 500 |
|---|---|
| 11 Jul 2025 | no S&P 500 reading |
| 18 Jul 2025 | no S&P 500 reading |
| 25 Jul 2025 | no S&P 500 reading |
| 1 Aug 2025 | no S&P 500 reading |
| 8 Aug 2025 | no S&P 500 reading |
| 15 Aug 2025 | no S&P 500 reading |
| 22 Aug 2025 | no S&P 500 reading |
| 29 Aug 2025 | no S&P 500 reading |
| 5 Sep 2025 | no S&P 500 reading |
| 12 Sep 2025 | no S&P 500 reading |
| 19 Sep 2025 | no S&P 500 reading |
| 26 Sep 2025 | no S&P 500 reading |
| 3 Oct 2025 | no S&P 500 reading |
| 10 Oct 2025 | −11.9% |
| 17 Oct 2025 | +0.5% |
| 24 Oct 2025 | +4.5% |
| 31 Oct 2025 | +3.3% |
| 7 Nov 2025 | −26.6% |
| 14 Nov 2025 | −34.8% |
| 21 Nov 2025 | −37.5% |
| 28 Nov 2025 | −35.5% |
| 5 Dec 2025 | −29.9% |
| 12 Dec 2025 | −32.1% |
| 19 Dec 2025 | −31.5% |
| 26 Dec 2025 | −33.6% |
| 2 Jan 2026 | −28.9% |
| 9 Jan 2026 | −20.2% |
| 16 Jan 2026 | −30.2% |
| 23 Jan 2026 | −28.9% |
| 30 Jan 2026 | −22.7% |
| 6 Feb 2026 | +2.2% |
| 13 Feb 2026 | +21.2% |
| 20 Feb 2026 | +15.5% |
| 27 Feb 2026 | +3.2% |
| 6 Mar 2026 | −4.6% |
| 13 Mar 2026 | +8.6% |
| 20 Mar 2026 | +7.1% |
| 27 Mar 2026 | +17.6% |
| 2 Apr 2026 | +13.9% |
| 10 Apr 2026 | +19.8% |
| 17 Apr 2026 | +47.8% |
| 24 Apr 2026 | +98.2% |
| 1 May 2026 | +90.8% |
| 8 May 2026 | +70.6% |
| 15 May 2026 | +63.2% |
| 22 May 2026 | +78.3% |
| 29 May 2026 | +105.6% |
| 5 Jun 2026 | +101.8% |
| 12 Jun 2026 | +98.2% |
| 18 Jun 2026 | +115.6% |
| 26 Jun 2026 | +84.5% |
| 2 Jul 2026 | +49.8% |
| 10 Jul 2026 | +33.5% |
| 17 Jul 2026 | −12.4% |
| 24 Jul 2026 | −34.1% |
| 31 Jul 2026 | −30.0% |
| 7 Aug 2026 | −9.6% |
| 14 Aug 2026 | −25.9% |
| 21 Aug 2026 | −39.4% |
| 28 Aug 2026 | −47.4% |
| 4 Sep 2026 | −44.4% |
| 11 Sep 2026 | −46.0% |
| 18 Sep 2026 | −49.1% |
| 25 Sep 2026 | −42.3% |
| 2 Oct 2026 | −21.9% |
| 9 Oct 2026 | −28.9% |
| 16 Oct 2026 | −33.1% |
| 23 Oct 2026 | −31.8% |
| 30 Oct 2026 | −28.8% |
| 4 Nov 2026 | −40.5% |
Over the last 1 year the share price moved −23% while the S&P 500 moved +23%, so it is behind the index over that whole period. It was last ahead over 13 weeks in the week of 10 July 2026. The chart above shows the 13-week comparison for every week.
This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row.
What dividend does Alpha and Omega Semiconductor Limited pay?
Alpha and Omega Semiconductor Limited pays no dividend. In the last 12 reported quarters it declared no dividend per share, so there is no payout history to chart and no yield to show. Companies like this usually keep their earnings in the business, so the cash-flow sections show where that cash goes.
Which stock lists is Alpha and Omega Semiconductor Limited on?
Alpha and Omega Semiconductor Limited is on one of our US lists: US tech stocks.
Is Alpha and Omega Semiconductor Limited profitable?
Alpha and Omega Semiconductor Limited posted a net loss of $13.1 M in the Jun 2026 quarter. The full FY26 year was a loss of $42.3 M. That loss is 7.7% of the quarter's revenue. The same quarter a year earlier lost $77.1 M. 11 of the last 12 reported quarters were loss-making.
Net profit is what is left after every cost, interest and tax. Earnings per share, dividends and book value all grow from it.
FY26 profit −$42.3 M
- Net profit −$42.3 M
| Quarter | Net profit |
|---|---|
| FY21 | $56.3 M |
| FY22 | $453 M |
| FY23 | $12.4 M |
| FY24 | −$11.1 M |
| FY25 | −$97.0 M |
| FY26 | −$42.3 M |
Growth on a year earlier
- Growth on a year earlier −189.6%
| Quarter | Growth on a year earlier |
|---|---|
| FY21 | – |
| FY22 | 705.1% |
| FY23 | −97.3% |
| FY24 | −189.6% |
| FY25 | – |
| FY26 | – |
Jun 2026: −$13.1 M
- Net profit (quarterly) −$13.1 M
| Quarter | Net profit (quarterly) |
|---|---|
| Sep 2023 | $5.8 M |
| Dec 2023 | −$2.9 M |
| Mar 2024 | −$11.2 M |
| Jun 2024 | −$2.7 M |
| Sep 2024 | −$2.5 M |
| Dec 2024 | −$6.6 M |
| Mar 2025 | −$10.8 M |
| Jun 2025 | −$77.1 M |
| Sep 2025 | −$2.1 M |
| Dec 2025 | −$13.3 M |
| Mar 2026 | −$13.8 M |
| Jun 2026 | −$13.1 M |
Growth on a year earlier
- Growth on a year earlier −143.1%
| Quarter | Growth on a year earlier |
|---|---|
| Sep 2023 | −77.8% |
| Dec 2023 | −146.1% |
| Mar 2024 | – |
| Jun 2024 | – |
| Sep 2024 | −143.1% |
| Dec 2024 | – |
| Mar 2025 | – |
| Jun 2025 | – |
| Sep 2025 | – |
| Dec 2025 | – |
| Mar 2026 | – |
| Jun 2026 | – |
How much revenue does Alpha and Omega Semiconductor Limited make, and is it growing?
Alpha and Omega Semiconductor Limited reported $170 M of revenue in the Jun 2026 quarter, −3.5% on the same quarter a year earlier. Over 5 years it has grown 0.7% a year on average. The last full year, FY26, came in at $679 M. The last four reported quarters add to $679 M.
Revenue is everything the company billed its customers in the period.
FY26 revenue was $679 M, −2.5% on the year before.
FY26 revenue $679 M (−2.5% on the year before), 0.7% a year over 5 years
- Revenue $679 M
| Quarter | Revenue |
|---|---|
| FY21 | $657 M |
| FY22 | $778 M |
| FY23 | $691 M |
| FY24 | $657 M |
| FY25 | $696 M |
| FY26 | $679 M |
Growth on a year earlier
- Growth on a year earlier −2.5%
| Quarter | Growth on a year earlier |
|---|---|
| FY21 | – |
| FY22 | 18.4% |
| FY23 | −11.1% |
| FY24 | −4.9% |
| FY25 | 5.9% |
| FY26 | −2.5% |
Jun 2026: $170 M (−3.5% on a year earlier)
- Revenue (quarterly) $170 M
| Quarter | Revenue (quarterly) |
|---|---|
| Sep 2023 | $181 M |
| Dec 2023 | $165 M |
| Mar 2024 | $150 M |
| Jun 2024 | $161 M |
| Sep 2024 | $182 M |
| Dec 2024 | $173 M |
| Mar 2025 | $165 M |
| Jun 2025 | $176 M |
| Sep 2025 | $183 M |
| Dec 2025 | $162 M |
| Mar 2026 | $164 M |
| Jun 2026 | $170 M |
Growth on a year earlier
- Growth on a year earlier −3.5%
| Quarter | Growth on a year earlier |
|---|---|
| Sep 2023 | −13.4% |
| Dec 2023 | −12.4% |
| Mar 2024 | 13.2% |
| Jun 2024 | −0.1% |
| Sep 2024 | 0.7% |
| Dec 2024 | 4.8% |
| Mar 2025 | 9.7% |
| Jun 2025 | 9.4% |
| Sep 2025 | 0.3% |
| Dec 2025 | −6.3% |
| Mar 2026 | −0.5% |
| Jun 2026 | −3.5% |
Recent pace: the last four quarters grew −2.5% on average, against 0.7% a year over the longer run, so this year is growing slower than its own long-run rate.
Is growth speeding up? Revenue over the last 12 months grew −2.5%, against +1.6% a year over the last 8 quarters (rolling over).
How much of every $100 of sales does Alpha and Omega Semiconductor Limited keep?
Alpha and Omega Semiconductor Limited's operating margin was −6.3% in the Jun 2026 quarter, 0.3 percentage points lower than the same quarter a year ago. Across 6 years it has been between −6.3% and 13.1%. The latest quarter is within that range.
Operating margin is what is left from every $100 of sales after the costs of running the business, before interest and tax. It shows pricing power and cost control.
Why the margin moved: operating margin changed −0.3 percentage points on the year while gross margin changed −0.3 points. So the drop came mostly from the gross margin, which means input costs and prices charged.
FY26: −6.3%, within a range of −6.3% to 13.1% over 6 years
- Operating margin −6.3%
| Quarter | Operating margin |
|---|---|
| FY21 | 9.8% |
| FY22 | 13.1% |
| FY23 | 3.3% |
| FY24 | −0.6% |
| FY25 | −3.9% |
| FY26 | −6.3% |
Change on the year before (points)
- Change on the year before (points) −2.4 pts
| Quarter | Change on the year before (points) |
|---|---|
| FY21 | – |
| FY22 | +3.3 pts |
| FY23 | −9.8 pts |
| FY24 | −3.9 pts |
| FY25 | −3.3 pts |
| FY26 | −2.4 pts |
Jun 2026: operating margin −6.3% (−0.3 points on a year earlier)
- Operating margin −6.3%
| Quarter | Operating margin |
|---|---|
| Sep 2023 | 5.2% |
| Dec 2023 | −0.7% |
| Mar 2024 | −7% |
| Jun 2024 | −0.9% |
| Sep 2024 | −0.1% |
| Dec 2024 | −3.4% |
| Mar 2025 | −6.5% |
| Jun 2025 | −6% |
| Sep 2025 | −2.5% |
| Dec 2025 | −8.4% |
| Mar 2026 | −8.6% |
| Jun 2026 | −6.3% |
Change on a year earlier (points)
- Change on a year earlier (points) −0.3 pts
| Quarter | Change on a year earlier (points) |
|---|---|
| Sep 2023 | −7.0 pts |
| Dec 2023 | −5.4 pts |
| Mar 2024 | +3.9 pts |
| Jun 2024 | −2.5 pts |
| Sep 2024 | −5.3 pts |
| Dec 2024 | −2.7 pts |
| Mar 2025 | +0.5 pts |
| Jun 2025 | −5.1 pts |
| Sep 2025 | −2.4 pts |
| Dec 2025 | −5.0 pts |
| Mar 2026 | −2.1 pts |
| Jun 2026 | −0.3 pts |
Is Alpha and Omega Semiconductor Limited's profit turning into cash?
Over the last 3 years, 71% of Alpha and Omega Semiconductor Limited's reported profit came in as cash from its operations, so most of the profit is real cash. In FY26 its operations used $16.3 M of cash, against −$42.3 M of profit.
The profit and loss account shows what was earned. The cash-flow statement shows the cash that actually came in. Comparing operating cash flow with profit is one of the best checks that a profit is real.
After $51.8 M of spending on assets, free cash was −$68.1 M: it spent more than its operations brought in.
Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year.
FY26: operating cash −$16.3 M against profit −$42.3 M; 71% of 3 years' profit came in as cash
- Operating cash −$16.3 M
- Net profit −$42.3 M
- Free cash −$68.1 M
| Quarter | Operating cash | Net profit | Free cash |
|---|---|---|---|
| FY21 | $129 M | $56.3 M | $56.0 M |
| FY22 | $219 M | $453 M | $80.9 M |
| FY23 | $20.5 M | $12.4 M | – |
| FY24 | $25.7 M | −$11.1 M | −$11.4 M |
| FY25 | $29.7 M | −$97.0 M | −$7.5 M |
| FY26 | −$16.3 M | −$42.3 M | −$68.1 M |
Jun 2026: operating cash −$10.0 M
- Operating cash (quarterly) −$10.0 M
| Quarter | Operating cash (quarterly) |
|---|---|
| Sep 2023 | $13.8 M |
| Dec 2023 | −$23.5 M |
| Mar 2024 | $28.2 M |
| Jun 2024 | $7.1 M |
| Sep 2024 | $11.0 M |
| Dec 2024 | $14.1 M |
| Mar 2025 | $7.4 M |
| Jun 2025 | −$2.8 M |
| Sep 2025 | $10.2 M |
| Dec 2025 | −$8.1 M |
| Mar 2026 | −$8.3 M |
| Jun 2026 | −$10.0 M |
Operating cash as % of profit
- Operating cash as % of profit 239%
| Quarter | Operating cash as % of profit |
|---|---|
| Sep 2023 | 239% |
| Dec 2023 | – |
| Mar 2024 | – |
| Jun 2024 | – |
| Sep 2024 | – |
| Dec 2024 | – |
| Mar 2025 | – |
| Jun 2025 | – |
| Sep 2025 | – |
| Dec 2025 | – |
| Mar 2026 | – |
| Jun 2026 | – |
Why: the cash figure is clear, but the day counts behind it are not in our data, so we show it without guessing the reason.
What to look at next: the main use of cash is spending on assets. The next section checks what that spending is building.
Where does Alpha and Omega Semiconductor Limited's cash go?
Alpha and Omega Semiconductor Limited does not report the customer, stock and supplier day counts a cash cycle needs, so this section looks at its spending on assets instead. It spent $126 M on assets over the last 3 years. Averaged over those years that is 6.2% of FY26 revenue a year.
Working capital is the cash tied up between paying suppliers and getting paid. Debtor days: how long customers take to pay. Inventory days: how long stock sits. The cash cycle: the whole loop, in days of sales.
Nothing is estimated in place of the missing day counts, so no cash-cycle chart is drawn.
Spending on assets: $126 M over the last 3 years.
FY26: capex $51.8 M, steady spending
- Capex $51.8 M
| Quarter | Capex |
|---|---|
| FY21 | $72.7 M |
| FY22 | $138 M |
| FY23 | $110 M |
| FY24 | $37.1 M |
| FY25 | $37.2 M |
| FY26 | $51.8 M |
Jun 2026: capex $14.9 M in the quarter
- Capex (quarterly) $14.9 M
| Quarter | Capex (quarterly) |
|---|---|
| Sep 2023 | $12.5 M |
| Dec 2023 | $9.5 M |
| Mar 2024 | $7.7 M |
| Jun 2024 | $7.3 M |
| Sep 2024 | $6.9 M |
| Dec 2024 | $7.5 M |
| Mar 2025 | $8.4 M |
| Jun 2025 | $14.3 M |
| Sep 2025 | $9.8 M |
| Dec 2025 | $15.0 M |
| Mar 2026 | $12.1 M |
| Jun 2026 | $14.9 M |
Free cash
- Free cash −$24.9 M
| Quarter | Free cash |
|---|---|
| Sep 2023 | $1.3 M |
| Dec 2023 | −$33.0 M |
| Mar 2024 | $20.5 M |
| Jun 2024 | −$0.2 M |
| Sep 2024 | $4.1 M |
| Dec 2024 | $6.6 M |
| Mar 2025 | −$1.1 M |
| Jun 2025 | −$17.2 M |
| Sep 2025 | $0.4 M |
| Dec 2025 | −$23.1 M |
| Mar 2026 | −$20.5 M |
| Jun 2026 | −$24.9 M |
In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns.
What is Alpha and Omega Semiconductor Limited's P/E ratio, and how does it compare with its own history?
Alpha and Omega Semiconductor Limited has no P/E right now, because its earnings are negative. The revenue and margin sections are where a turn would show first. Measured against sales instead, the market values Alpha and Omega Semiconductor Limited at 0.9× its FY26 revenue of $679 M. The P/E comes back here once profit turns positive.
P/E is the share price divided by a year's profit per share: how many dollars the market pays for each dollar of yearly profit.
PEG 66.88 at the Jun 2026 quarter end: above 1.0, so the P/E is bigger than the earnings growth rate
- PEG 6.00×
- PEG = 1.0 1.00×
| Quarter | PEG | PEG = 1.0 |
|---|---|---|
| Sep 2021 | 6.00× | 1.00× |
| Dec 2021 | 6.00× | 1.00× |
| Mar 2022 | 6.00× | 1.00× |
| Jun 2022 | 6.00× | 1.00× |
| Sep 2022 | 6.00× | 1.00× |
| Dec 2022 | 6.00× | 1.00× |
| Mar 2023 | 6.00× | 1.00× |
| Jun 2023 | 6.00× | 1.00× |
| Sep 2023 | 6.00× | 1.00× |
| Dec 2023 | 6.00× | 1.00× |
| Mar 2024 | 6.00× | 1.00× |
| Jun 2024 | 6.00× | 1.00× |
| Sep 2024 | 6.00× | 1.00× |
| Dec 2024 | 6.00× | 1.00× |
| Mar 2025 | 6.00× | 1.00× |
| Jun 2025 | 6.00× | 1.00× |
| Sep 2025 | 6.00× | 1.00× |
| Dec 2025 | 6.00× | 1.00× |
| Mar 2026 | 6.00× | 1.00× |
| Jun 2026 | 6.00× | 1.00× |
Is the Alpha and Omega Semiconductor Limited business getting better or worse?
Alpha and Omega Semiconductor Limited's business trend cannot be read yet. There are fewer than eight usable quarters of growth figures, so there is not enough history to read the trend. This is based on 12 quarters of 2 measures, with some gaps.
Every business is somewhere on a path of getting better or worse, and this section names where. The last 12 quarters of growth in revenue, profit and earnings per share, plus the return the business earns on its capital, are read as lines. Getting worse: the lines are falling. Turning around: a low point has just formed and the last few quarters are rising from it. Getting better: the rise from the low has lasted. Growing steadily: steady growth with healthy returns. Slowing from a peak: still high, but slowing. When the lines disagree the result is mixed; too little history means no reading. CAGR (compound annual growth rate) is the steady yearly rate that would turn the starting value into the latest one. It is the fairest way to compare growth over different periods. If the 1-year figure is much bigger than the 10-year one, recent growth is running faster than the long-run trend. A dash means there is no figure for that period, or the starting year was a loss, where a growth rate means nothing.
Growth year by year: revenue −2.5% in FY26
- Revenue growth −2.5%
| Quarter | Revenue growth |
|---|---|
| FY21 | – |
| FY22 | 18.4% |
| FY23 | −11.1% |
| FY24 | −4.9% |
| FY25 | 5.9% |
| FY26 | −2.5% |
Profit growth, EPS growth
- Profit growth −189.6%
- EPS growth −193.4%
| Quarter | Profit growth | EPS growth |
|---|---|---|
| FY21 | – | – |
| FY22 | 300% | 300% |
| FY23 | −97.3% | −97.4% |
| FY24 | −189.6% | −193.4% |
| FY25 | – | – |
| FY26 | – | – |
Three growth lines over twelve quarters: revenue rolling over
- Revenue −2.5%
| Quarter | Revenue |
|---|---|
| Sep 2023 | −17% |
| Dec 2023 | −19.4% |
| Mar 2024 | −9.2% |
| Jun 2024 | −4.9% |
| Sep 2024 | −0.7% |
| Dec 2024 | 4.1% |
| Mar 2025 | 3.6% |
| Jun 2025 | 5.9% |
| Sep 2025 | 5.8% |
| Dec 2025 | 2.9% |
| Mar 2026 | 0.6% |
| Jun 2026 | −2.5% |
Profit, EPS
- Profit −189.6%
- EPS −210.8%
| Quarter | Profit | EPS |
|---|---|---|
| Sep 2023 | −101.7% | −102% |
| Dec 2023 | −121.7% | −123.4% |
| Mar 2024 | −133.1% | −137.5% |
| Jun 2024 | −189.6% | −210.8% |
| Sep 2024 | – | – |
| Dec 2024 | – | – |
| Mar 2025 | – | – |
| Jun 2025 | – | – |
| Sep 2025 | – | – |
| Dec 2025 | – | – |
| Mar 2026 | – | – |
| Jun 2026 | – | – |
ROCE: the return line, worked out each quarter
- ROCE −5%
| Quarter | ROCE |
|---|---|
| Sep 2023 | 0.6% |
| Dec 2023 | −0.3% |
| Mar 2024 | 0% |
| Jun 2024 | −0.4% |
| Sep 2024 | −1.3% |
| Dec 2024 | −1.8% |
| Mar 2025 | −1.9% |
| Jun 2025 | – |
| Sep 2025 | – |
| Dec 2025 | – |
| Mar 2026 | – |
| Jun 2026 | −5% |
Why it matters: with too little history, we say so rather than guess a direction.
There are fewer than eight usable quarters, so this page does not guess a direction from so little history.
Compound annual growth rate (%)
Compound annual growth rate over each period, %. Revenue, profit and EPS come from yearly figures; the stock price row is price growth over the same periods. A dash means no figure for that period, or the starting year was a loss.
| Measure | 1yr | 3yr | 5yr | 10yr |
|---|---|---|---|---|
| Revenue | −2.5% | −0.6% | +0.7% | — |
| Stock price | +4.2% | — | — | — |
How much does Alpha and Omega Semiconductor Limited earn on its capital?
Alpha and Omega Semiconductor Limited earned a ROE of −5% in FY26. That is up from a low of −12% in FY25. Its return on capital used (ROIC) is 24.8 percentage points below its cost of capital, so growth here does not yet pay for the capital it uses.
Return on equity (ROE) is the profit the business earns on its shareholders’ money. We do not have the full capital split, so ROE is the longest history we can draw here.
It comes from a −6.2% net margin and 0.70× asset turnover (sales divided by assets).
Why the return is what it is (FY26): a −6.2% net margin × 0.70× asset turnover × 1.21× leverage (assets divided by equity) ≈ −5.3% on equity. The margin does its share; borrowing plays a small part, so this return is earned, not borrowed.
The key test, return on capital used minus the cost of capital: −6.7% − 18.1% = −24.8 percentage points. The 18.1% is an estimate of this company's own cost of capital. Read the sign and size of the gap, not the decimals. Negative: growth at these returns loses value until returns improve.
FY26: ROE −5%, the climb back from FY25's −12%
- ROE −5.3%
- ROIC (annual) −6.3%
- Cost of capital 18.1%
| Quarter | ROE | ROIC (annual) | Cost of capital |
|---|---|---|---|
| FY21 | 10.9% | 12% | 18.1% |
| FY22 | 53.1% | 16.3% | 18.1% |
| FY23 | 1.4% | 2.2% | 18.1% |
| FY24 | −1.2% | −0.5% | 18.1% |
| FY25 | −11.8% | −3.6% | 18.1% |
| FY26 | −5.3% | −6.3% | 18.1% |
Jun 2026: ROIC −6.4% (last 12 months) against a 18.1% cost of capital
- ROIC (12 months) −6.4%
- ROE (12 months) −6.8%
- Cost of capital 18.1%
| Quarter | ROIC (12 months) | ROE (12 months) | Cost of capital |
|---|---|---|---|
| Sep 2023 | 3.1% | −0.5% | 18.1% |
| Dec 2023 | 0.4% | 2.6% | 18.1% |
| Mar 2024 | −0.7% | −1.3% | 18.1% |
| Jun 2024 | 0% | −5% | 18.1% |
| Sep 2024 | −0.6% | −1.2% | 18.1% |
| Dec 2024 | −1.6% | −1.1% | 18.1% |
| Mar 2025 | −2.3% | −2.9% | 18.1% |
| Jun 2025 | −2.4% | −4.8% | 18.1% |
| Sep 2025 | −3.6% | −36.1% | 18.1% |
| Dec 2025 | −4.3% | −1% | 18.1% |
| Mar 2026 | −5.6% | −6.4% | 18.1% |
| Jun 2026 | −6.4% | −6.8% | 18.1% |
Does Alpha and Omega Semiconductor Limited have too much debt?
Alpha and Omega Semiconductor Limited has total debt of $28.0 M against shareholder equity of $798 M as of Jun 2026, so its debt is 0.04× its equity, which is very little. Year by year, that ratio went from 0.39 in FY21 to 0.04 in FY26. So the returns on this page come from the business, not from borrowed money.
Debt-to-equity shows how much of the business is paid for with borrowed money. Lower is safer, and the direction matters as much as the level.
FY26: debt $28.0 M, 0.04× equity
- Total debt $28.0 M
| Quarter | Total debt |
|---|---|
| FY21 | $202 M |
| FY22 | $97.5 M |
| FY23 | $78.8 M |
| FY24 | $67.2 M |
| FY25 | $50.9 M |
| FY26 | $28.0 M |
Debt-to-equity
- Debt-to-equity 0.04×
| Quarter | Debt-to-equity |
|---|---|
| FY21 | 0.39× |
| FY22 | 0.11× |
| FY23 | 0.09× |
| FY24 | 0.08× |
| FY25 | 0.06× |
| FY26 | 0.04× |
Jun 2026: debt $28.0 M, debt-to-equity 0.04
- Total debt (quarterly) $28.0 M
| Quarter | Total debt (quarterly) |
|---|---|
| Sep 2023 | $78.0 M |
| Dec 2023 | $73.9 M |
| Mar 2024 | $69.7 M |
| Jun 2024 | $67.2 M |
| Sep 2024 | $64.0 M |
| Dec 2024 | $59.2 M |
| Mar 2025 | $54.8 M |
| Jun 2025 | $50.9 M |
| Sep 2025 | $32.8 M |
| Dec 2025 | $31.3 M |
| Mar 2026 | $29.1 M |
| Jun 2026 | $28.0 M |
Debt-to-equity
- Debt-to-equity 0.04×
| Quarter | Debt-to-equity |
|---|---|
| Sep 2023 | 0.09× |
| Dec 2023 | 0.08× |
| Mar 2024 | 0.08× |
| Jun 2024 | 0.08× |
| Sep 2024 | 0.07× |
| Dec 2024 | 0.07× |
| Mar 2025 | 0.06× |
| Jun 2025 | 0.06× |
| Sep 2025 | 0.04× |
| Dec 2025 | 0.04× |
| Mar 2026 | 0.04× |
| Jun 2026 | 0.04× |
What is the Alpha and Omega Semiconductor Limited shareholding pattern?
12.7% of Alpha and Omega Semiconductor Limited's tradable shares are in short positions, which are bets that the price will fall, so a large group of traders is betting against it. At normal trading volumes, closing those positions would take about 5.8 days. US companies do not publish a quarter-by-quarter list of owners, so this page uses short interest instead.
There is no quarter-by-quarter list of owners here, so we look at short interest: the share of tradable shares held in short positions, which gain if the price falls.
It is a single reading at one point in time; we do not have its history.
Why it is at this level: the figure does not say who has the short positions or why, so we show the level without guessing the story.
How far is Alpha and Omega Semiconductor Limited from balance-sheet trouble?
For Alpha and Omega Semiconductor Limited, the Z-score is 4.73. A Z-score above about 3 is safe and below about 1.8 signals danger, so this is well clear of danger. It estimates how far the balance sheet is from trouble; it is not a forecast of failure.
The Z-score estimates how far a company is from balance-sheet trouble. Above about 3 is safe; below about 1.8 is the danger zone. It was built for manufacturers, so it is not used for banks and lenders.
Why it matters: a Z-score of 4.73 is well clear of the danger zone, so the balance sheet is not the risk here.
How does Alpha and Omega Semiconductor Limited rank in its industry?
There is no score against its industry: Alpha and Omega Semiconductor Limited is not among the largest members shown in this industry comparison for Semiconductors.
The score ranks a company within its industry: each measure is scored against the other members. Without that group there is no score, so none is shown.
Which companies is Alpha and Omega Semiconductor Limited compared with?
No sector comparison is shown here, not among the largest members shown in this industry comparison.
Which companies are close to Alpha and Omega Semiconductor Limited in size?
Alpha and Omega Semiconductor Limited is the 50th largest of 59 Semiconductors companies on Sector Alpha by market value (scores of 4 November 2026). Just above it: Arteris, Inc., POET Technologies Inc. and CEVA, Inc. Just below it: NVE Corporation, indie Semiconductor, Inc. and SEALSQ Corp.
Semiconductors companies close in size
- Arteris, Inc. $890 million
- POET Technologies Inc. $844 million
- CEVA, Inc. $789 million
- Alpha and Omega Semiconductor Limited $641 million
- NVE Corporation $382 million
- indie Semiconductor, Inc. $369 million
- SEALSQ Corp $330 million
All 59 Semiconductors companies, largest first
Companies close in size in other industries
- Forward Air Corporation $645 million · Integrated Freight & Logistics
- First Business Financial Services, Inc. $644 million · Banks - Regional
- Alpha and Omega Semiconductor Limited $641 million
- John B. Sanfilippo & Son, Inc. $640 million · Packaged Foods
- Northfield Bancorp, Inc. $639 million · Banks - Regional
What else do people ask about Alpha and Omega Semiconductor Limited?
What were Alpha and Omega Semiconductor Limited Limited's latest quarterly results?
Alpha and Omega Semiconductor Limited reported revenue of $170 M and a net loss of $13.1 M for the Jun 2026 quarter. Earnings per share were −$0.43. The operating margin was −6.3%, 0.3 percentage points lower than a year earlier (as of 4 November 2026).
What is Alpha and Omega Semiconductor Limited Limited's market cap?
Alpha and Omega Semiconductor Limited's market capitalisation is $641 M at a stock price of $21.17. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 4 November 2026).
How is Alpha and Omega Semiconductor Limited Limited performing?
Alpha and Omega Semiconductor Limited's latest readings are below. Over the past 13 weeks it has done worse than the S&P 500, for 17 weeks running. This describes what the data did, not a rating (as of 4 November 2026).
Will Alpha and Omega Semiconductor Limited Limited's stock price go up?
This page does not forecast Alpha and Omega Semiconductor Limited's stock price. What it shows instead: the stock price is $21.17. Nobody can reliably say which way a price will move, and this site does not try (as of 4 November 2026).
Where is Alpha and Omega Semiconductor Limited Limited in its business cycle?
Alpha and Omega Semiconductor Limited's FY26 operating margin was −6.3%, against a 6-year range of −6.3% to 13.1%: the low end of its own range, which is often where recoveries start. The latest quarter was −6.3%.
Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 4 November 2026).
What could break the Alpha and Omega Semiconductor Limited Limited story?
Biggest thing to watch: the price is not yet in a clear uptrend, so timing is the risk more than the business.
On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 4 November 2026).
Is Alpha and Omega Semiconductor Limited Limited a stock worth studying right now?
What the numbers show: Alpha and Omega Semiconductor Limited's share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. The main open question: the next one or two quarters of results.
Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 4 November 2026).
Where do these numbers come from?
Sector Alpha, written by code from the published numbers. Data as of 4 November 2026.
Every chart on this page is drawn by code from the published figures, with no forecasts and no price opinions.
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