Astera Labs, Inc.

ALAB Technology Semiconductors

Astera Labs, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $852.5 million, up 115.1% from fiscal 2024.

Revenue
+104.5%
EPS
+187.1%
Free cash flow
−49.6%

Quarter to June 2026, against a year earlier

230.28 28.42 −10.99%
Market cap
$44.9B
P/E
106×
Fwd P/E
79.1×
Dividend yield
—
F-score
6/9
Altman Z
100.66
Beneish M
1.61
Dividend safety
n/a

Astera Labs, Inc. 10-Q filed Aug 5, 2026

Fiscal Q2 2026 · Period ended Jun 30, 2026 · Filed · accepted 5:34 PM ET · Document on sec.gov · Filing index

Red flags

What changed

Part I, Item 2, Management’s Discussion and Analysis, against the 10-Q filed May 6, 2026: 7 added · 3 removed · 25 modified; 2 with only figures updated; 1 moved without change

  1. Modified · Overview

    Since our inception, we have created and commercialized first-to-market PCIe, Ethernet, and CXL products. We have become a trusted partner and a proven supplier to our hyperscaler and system OEM customers. We have experienced strong growth since the commercial launch of Aries in 2020. Our revenue grew from $34.8 million in 2021, $79.9 million in 2022, $115.8 million in 2023, and $396.3 million in 2024, and to $852.5 million in 2025. Our revenue was $308.4700.8 million for the threesix months ended March 31June 30, 2026, driven by a sizable increase in demand for our products.

34 more changes in this Item, word by word, in Powerpack.