| Quarter | Call date | Disclosure | Financial quality | Kept | Missed | |
|---|---|---|---|---|---|---|
| Q1'27 | July 30, 2026 | 7/12 | 1 high, 3 medium, 3 low flags | 3 | 0 | Call sheet → |
| Q4'26 | May 7, 2026 | 10/12 | 2 medium, 4 low flags | 4 | 1 | Call sheet → |
| Q3'26 | 2026-01-29 | 10/12 | 2 medium, 6 low flags | 5 | 0 | Call sheet → |
| Q1'26 | July 31, 2025 | 10/12 | 1 medium, 5 low flags | 5 | 0 | Call sheet → |
| Q4'25 | 2025-05-08 | 10/12 | 4 medium, 4 low flags | 3 | 2 | Call sheet → |
| Q3'25 | 2025-01-30 | 10/12 | 2 medium, 4 low flags | 4 | 0 | Call sheet → |
| Marked | Status | Promise |
|---|---|---|
| Q1'27 | Pending | Continue to make strategic investments in R&D OpEx guided up $4.5M sequentially, suggests following through |
| Q1'27 | Delivered | Focus Auto up 30% in FY26 Achieved per prior call confirmation |
| Q1'27 | Delivered | Selective price increases to begin at end of Q1 Confirmed pricing actions began, but impact pushed to Q3/Q4 |
| Q1'27 | Pending | Gold to copper conversion to reduce 200 bps headwind Mentioned but no quantification of progress |
| Q1'27 | Delivered | Data center growth rate well north of 20% long-term More than doubling this year exceeds promise |
| Q1'27 | Pending | Expect to be trending towards mid-50s gross margins over next couple years At 51.1%, making progress but timeline vague |
| Q4'26 | Delivered | Auto growth SAAR plus 7-10% on share gains Auto up 17% in FY26 vs their SAAR+7-10% target, above high end of range |
| Q4'26 | Missed | Continue voluntary debt payments No debt paydown in Q4 for first time in several quarters, though they built cash instead |
| Q4'26 | Delivered | OpEx to increase at inflation rate after Q4 reset Derek confirmed Q1 OpEx down to $80M ± $2M after Q4 payroll tax reset |
| Q4'26 | Delivered | TMR current sensors gaining customer traction 10 MHz TMR won EDN Sensor Product of the Year, confirmed broad customer sampling |
| Q4'26 | Pending | Isolated gate drivers revenue in 18-24 months Timeline maintained consistently, still tracking to original commitment |
| Q4'26 | Exceeded | Data center to grow at market rate with CAGR north of 20% Q4 data center was up 41% sequentially, well above 20% threshold |
| Q3'26 | Delivered | Continue to see positive momentum in automotive bookings Achieved multi-quarter highs in bookings and backlog as promised |
| Q3'26 | Pending | OpEx to increase at inflationary rate after variable comp reset Reiterated for FY27, with Q4 increase due to payroll tax reset as expected |
| Q3'26 | Exceeded | Data center to continue growing at 20%+ CAGR short-term Data center hit 10% of sales, up 31% sequentially, well above 20% CAGR |
| Q3'26 | Pending | March quarter typically sees Chinese New Year impact Called out China impact for Q4 guidance with auto flat to down marginally |
| Q3'26 | Delivered | Non-GAAP EPS to be between $0.12 and $0.16 Achieved $0.15, at midpoint of guidance |
| Q3'26 | Delivered | Gross margin to be between 49% and 51% Hit 49.9%, within range but below midpoint |
| Q3'26 | Exceeded | Expected third quarter sales to be in the range of $215M to $225M Delivered $229M, above the high end of guidance range |
| Q1'26 | Delivered | Distribution channel inventory normalization Down another 13% sequential, some regions need specific parts restocking |
| Q1'26 | Pending | China-for-China meaningful revenues later in the year Still on track per Mike - wafer transfers take time but back-end progress faster |
| Q1'26 | Delivered | Begin to see restructuring benefits in Q1 $15M annualized savings starting to flow through both COGS and OpEx |
| Q1'26 | Delivered | Continued strong bookings and backlog growth Bookings to levels not seen since fiscal '23 with growing backlog |
| Q1'26 | Exceeded | OpEx approximately $72M in Q1 Came in at $75M due to variable comp, R&D timing, and FX - $3M above guidance |
| Q1'26 | Exceeded | Gross margin 46-48% for Q1 Delivered 48.2% vs 47% midpoint - 75% drop-through from cost reductions cycling through |
| Q4'25 | Delivered | Make progress on China for China qualification throughout calendar 2024 Various products qualified, shipping from local OSATs began, but revenue timeline slipped |
| Q4'25 | Delivered | Bookings momentum to continue with fifth consecutive quarter of growth Bookings up 20% sequentially in Q4, maintained growth streak |
| Q4'25 | Pending | March quarter to be trough in gross margin percentages Q1 guidance of 46-48% suggests Q4 at 45.6% was indeed the bottom, but improvement modest |
| Q4'25 | Delivered | Build strategic wafer and die bank while reducing finished goods Finished goods down $9M, inventory days from 182 to 148, but at cost of gross margin pressure |
| Q4'25 | Missed | 60-65% incremental drop-through on revenue growth Q4 gross margin declined 350bps despite 8% revenue growth - structural issues not just mix/timing |
| Q4'25 | Missed | China for China supply chain to have meaningful revenues by end of calendar 2024 Timeline pushed to 'later in the year' for 2025 - roughly 6-12 month delay from original commitment |
| Q3'25 | Pending | We expect the March quarter will be a trough in gross margin percentages Derek's new commitment for Q4 being the bottom |
| Q3'25 | Pending | We still expect demand to recover at some point in calendar year 2025 Softened language to 'cautiously optimistic' about recovery 'later in the year' |
| Q3'25 | Delivered | First parts from newly formed China supply chain will launch before end of year Confirmed shipments from local OSATs starting in Q4 |
| Q3'25 | Delivered | Non-GAAP EPS between $0.04 and $0.08 in Q3 Hit $0.07, above midpoint |
| Q3'25 | Delivered | Gross margin to be between 49% and 51% in Q3 Achieved 49.1%, within guided range |
| Q3'25 | Delivered | We expect third quarter sales to be in the range of $170M to $180M Hit $178M, above midpoint of guidance range |
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