• Allegro MicroSystems average gross margin for 2024 was 50.89%, a 9.98% decline from 2023.
• Allegro MicroSystems average gross margin for 2023 was 56.53%, a 4.01% decline from 2022.
• Allegro MicroSystems average gross margin for 2022 was 54.35%, a 10.72% increase from 2021.

Gross margin can be defined as a company's total sales revenue minus its cost of goods sold, divided by the total sales revenue, expressed as a percentage.