Companies / ALAB

Astera Labs, Inc. (ALAB) financials and KPIs

Astera Labs, Inc. reported revenue of $852.52M for fiscal 2025, up 115.1% from fiscal 2024. Net income was $219.13M and free cash flow was $281.76M.

Key ratios

Fiscal quarterQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026
Revenue$191.93M$230.57M$270.58M$308.36M$392.40M
Gross Margin %75.876.275.676.373.3
Operating Income$39.77M$55.41M$66.96M$61.83M$89.25M
Operating Margin %20.724.024.720.122.7
Net Income$51.22M$91.11M$44.98M$80.31M$153.09M
Earnings Per Share$0.29$0.50$0.25$0.44$0.83
Dividends—————
Payout Ratio %—————
Shares178.1M180.6M181.3M181.2M183.3M
Book Value Per Share$6.38$7.04$7.52$8.25$9.41
Operating Cash Flow$135.37M$78.17M$95.27M$74.60M$87.68M
Cap Spending-$2.02M-$12.29M-$18.69M-$7.59M-$20.47M
Free Cash Flow$133.34M$65.88M$76.58M$67.01M$67.21M
Free Cash Flow Per Share$0.75$0.36$0.42$0.37$0.37
Working Capital$1.07B$1.19B$1.23B$1.29B$1.49B
Fiscal year2022202320242025
Revenue$79.87M$115.79M$396.29M$852.52M
Gross Margin %73.568.976.475.7
Operating Income-$60.19M-$29.50M-$116.07M$173.42M
Operating Margin %-75.4-25.5-29.320.3
Net Income-$58.34M-$26.26M-$83.42M$219.13M
Earnings Per Share-$1.71-$0.71-$0.64$1.22
Dividends————
Payout Ratio %————
Shares34.2M37.1M131.3M179.6M
Book Value Per Share-$2.50-$2.63$7.35$7.59
Operating Cash Flow-$35.90M-$12.72M$136.68M$319.31M
Cap Spending-$3.87M-$2.76M-$34.24M-$37.54M
Free Cash Flow-$39.77M-$15.48M$102.43M$281.76M
Free Cash Flow Per Share-$1.16-$0.42$0.78$1.57
Working Capital—$150.73M$926.44M$1.23B

Sources

Figures come from Astera Labs, Inc.'s SEC filings, by fiscal year and fiscal quarter as the company defines them. A dash means we hold no figure for that period that passed our checks. Earnings per share, dividends and share counts are restated for stock splits, so they sit on today's share count. Shares are the diluted weighted average, and a quarter the company does not report separately is worked out from its year-to-date figures. Earnings per share in such a quarter can differ by a few cents from a figure the company states elsewhere. Gross margin appears only where the company reports gross profit. Payout ratio is dividends over earnings per share. Book value per share is shareholders' equity over those diluted shares, and free cash flow per share uses the same count. Free cash flow is operating cash flow less capital expenditures. Data as of 31 October 2026. This is not investment advice.

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