Astera Labs, Inc. (ALAB)

Key figures

The last twelve months reported, with the latest price and balance sheet.

Revenue, last twelve months

$1.2B

Revenue growth

98.5%

Net income, last twelve months

$369.5M

Earnings per share

$2.02

Gross margin

75.1%

Operating margin

22.8%

Net margin

30.7%

Free cash flow

$276.7M

Return on equity

21.4%

Market value

$51.6B

Price to earnings

147.2x

Cash

$111.5M

Debt

$0

Debt to equity

0.00

Shares outstanding

173.5M

Financial statements

Revenue, profit and cash flow by fiscal year, each year linked to its annual report.

By quarter

What the company said with its results

From the second quarter of fiscal 2026 results, filed 4 August 2026.

• Revenue reached $392.4 million. Revenue was $392.4 million, up from $308.4 million in the first quarter and $191.9 million a year earlier.
• Growth broad, Aries reached record. Management attributed growth to broad strength across the portfolio, including record quarterly revenue for the Aries product line.
• GAAP net income and EPS rose. GAAP net income was $153.1 million, or $0.83 diluted per share, against $80.3 million and $0.44 in the first quarter.
• Diluted share count increased. Weighted-average diluted shares were 183.3 million, against 181.2 million in the first quarter and 178.1 million a year earlier.
• Taurus adds Smart Swap option. Taurus added 3.2T Smart Retimers and Smart Redrivers with an OCP standard footprint, allowing choice between the two types without board redesign.
• Taurus adds telemetry and diagnostics. The expanded Taurus portfolio uses the Unified COSMOS software to add telemetry, diagnostics and intelligent link management across high-speed interconnects.
• Scorpio X-Series 320 shown publicly. Computex 2026 included the first public demonstration of the Scorpio X-Series 320 Lane Smart Fabric Switch, along with ultra-low latency optical connectivity.
• AMD platforms validated end to end. Joint architectures with AMD Instinct platforms used Scorpio P-Series 320L, Leo CXL memory controllers and Taurus 1.6T retimers, with interop validated.
• NVIDIA MGX reference designs shown. Computex demonstrations also included NVIDIA MGX-based reference designs, 200G/lane technology with SerDes diagnostics, and COSMOS-enabled rack-level validation.
• Taiwan operations expanded. The company expanded its Taiwan operations and Cloud-Scale Interop Lab, with engineering and business coordination with AMD, Arm, Intel and NVIDIA.
• Operating expenses increased. GAAP operating expenses were $198.3 million, including R&D of $135.9 million and G&A of $36.0 million, above the $188 million to $191 million GAAP range given with the first quarter results.
• GAAP operating margin reached 22.7%. GAAP operating income was $89.2 million, a 22.7% margin against 20.1% in the first quarter. Non-GAAP operating income was $153.5 million, a 39.1% margin.
• Stock compensation rose to $64.0M. Stock-based compensation was $64.0 million, up from $48.9 million in the first quarter, and R&D stock compensation was $36.4 million.
• Tax benefit and non-GAAP tax rate. The GAAP income tax benefit was $50.3 million. The non-GAAP tax rate was about 12%, against 11% in the first quarter and 9% a year earlier.

Revenue by segment

As the company reports it in the segment note of its annual report.

By product, FY2025

By region, FY2025

Company events

The newest 8-K filings of 21 held.

Every filing

The newest filings with the SEC of 66 held.

Insider trades

Form 4 trades by officers, directors and 10% owners, last 12 months.

Planned insider sales

Form 144 notices, filed when the sell order goes to the broker.

Large holders

Schedule 13D and 13G filings by holders of more than 5% of the voting shares.

Trades by members of the House

From each member's periodic transaction report.

Short interest

Shares sold short and not yet bought back, on each FINRA settlement date.

Funds that hold it

From each fund's latest Form 13F.

1,080 funds held it at 30 Jun 2026: 631 added and 256 trimmed in the quarter. The largest:

Peers

Companies in the same industry.

• NVIDIA Corp. (NVDA): revenue $303.0B, market value $5.19T
• Taiwan Semiconductor Manufacturing Company Limited (TSM): revenue $122.4B, market value $2.28T
• Broadcom Inc. (AVGO): revenue $89.1B, market value $1.68T
• Micron Technology Inc. (MU): revenue $133.2B, market value $1.11T
• Advanced Micro Devices Inc. (AMD): revenue $41.3B, market value $944.0B
• Intel Corp. (INTC): revenue $57.0B, market value $481.7B
• Applied Materials Inc. (AMAT): revenue $30.8B, market value $330.0B
• Texas Instruments Inc. (TXN): revenue $20.8B, market value $283.1B
• Arm Holdings plc (ARM): revenue $4.9B, market value $251.1B
• Marvell Technology, Inc. (MRVL): revenue $9.5B, market value $220.7B