Astera Labs, Inc.
ALAB- Exchange
- Nasdaq
- Industry
- Semiconductors & Related Devices
- SEC CIK
- 0001736297
In the last 90 days, Astera Labs, Inc. insiders filed 0 open-market purchases and 7 sales; 997 institutions reported holding it in 13F filings for Q2 2026, worth $61.2B in total; Maverick Capital is the only superinvestor holding it.
- Currency
- USD
- Source
- SEC XBRL data (10-K, 10-Q, 20-F, 40-F)
- Updated
- Nov 5, 2026, 12:21 AM ET
Revenue flow, FY2025
Where the revenue went in FY2025, from the income statement below. Green is profit; orange is costs, expenses and taxes. Percentages are shares of revenue; hover over a band or a bar for the exact amount.
Income statement
Each column is one fiscal year, newest first.
| Line item | FY2025 | FY2024 |
|---|---|---|
| Period end | Dec 31, 2025 | Dec 31, 2024 |
| Filing | 10-K | 10-K |
| Reported | Feb 10, 2026 | Feb 10, 2025 |
| Revenue | $852.5M | $396.3M |
| Cost of revenue | $207.3M | $93.6M |
| Gross profit | $645.3M | $302.7M |
| Operating expenses | $471.8M | $418.8M |
| Research and development | $304.0M | $200.8M |
| Selling, general and administrative | $88.1M | $94.3M |
| Operating income | $173.4M | -$116.1M |
| Income tax | -$981.0K | $1.64M |
| Net income | $219.1M | -$83.4M |
| EPS, basic | $1.32 | $-0.64 |
| EPS, diluted | $1.22 | $-0.64 |
| Weighted shares, basic | 166.4M | 131.3M |
| Weighted shares, diluted | 179.6M | 131.3M |
| Margins and growth | ||
| Gross margin | 75.7% | 76.4% |
| Operating margin | 20.3% | -29.3% |
| Net margin | 25.7% | -21.1% |
| Revenue growth, year over year | +115.1% | – |
Balance sheet
Each column is one fiscal year, newest first.
| Line item | FY2025 | FY2024 |
|---|---|---|
| Period end | Dec 31, 2025 | Dec 31, 2024 |
| Filing | 10-K | 10-K |
| Reported | Feb 10, 2026 | Feb 10, 2025 |
| Cash and equivalents | $167.6M | $79.6M |
| Accounts receivable | $83.2M | $38.8M |
| Inventory | $59.0M | $43.2M |
| Total current assets | $1.36B | $1.01B |
| Property, plant and equipment | $92.0M | $35.7M |
| Total assets | $1.53B | $1.05B |
| Accounts payable | $42.4M | $26.9M |
| Total current liabilities | $133.0M | $86.5M |
| Total liabilities | $168.2M | $89.7M |
| Shareholders' equity | $1.36B | $964.8M |
Cash flow statement
Each column is one fiscal year, newest first. Free cash flow is operating cash flow minus capital expenditures.
| Line item | FY2025 | FY2024 |
|---|---|---|
| Period end | Dec 31, 2025 | Dec 31, 2024 |
| Filing | 10-K | 10-K |
| Reported | Feb 10, 2026 | Feb 10, 2025 |
| Operating cash flow | $319.3M | $136.7M |
| Capital expenditures | $37.5M | $34.2M |
| Free cash flow | $281.8M | $102.4M |
| Depreciation and amortization | $6.83M | – |
| Stock-based compensation | $160.0M | $234.6M |
| Share buybacks | $0 | $1.07M |
| Investing cash flow | -$241.5M | -$757.6M |
| Financing cash flow | $9.80M | $655.8M |
| Net change in cash | $87.6M | $34.9M |
| Ratio | ||
| Stock-based compensation, % of revenue | 18.8% | 59.2% |
Shares outstanding
Common shares outstanding as stated on the cover of each 10-K and 10-Q. The date is the cover date, not the period end; a rising count means dilution.
| Cover date | Shares outstanding | Change in a year | Filing |
|---|---|---|---|
| Oct 31, 2026 | 174.8M | +3.5% | SEC |
| Jul 31, 2026 | 173.5M | +4.4% | SEC |
| Apr 30, 2026 | 171.4M | +3.9% | SEC |
| Jan 31, 2026 | 170.2M | +5.0% | SEC |
| Oct 31, 2025 | 168.9M | +6.5% | SEC |
| Jul 31, 2025 | 166.2M | +6.1% | SEC |
| Apr 30, 2025 | 164.9M | +5.9% | SEC |
| Jan 31, 2025 | 162.2M | – | SEC |
Notes and known gaps
How these numbers are put together, and what they can't tell you.
- Numbers come from the XBRL data in each period's original 10-K, 10-Q, 20-F or 40-F, or its amendment. They are shown as filed: later filings don't restate earlier periods here.
- Reported is the filing date of the first 8-K with Item 2.02 (results of operations) after the period ended, no later than the 10-Q or 10-K and within 120 days. Companies that release results only in the 10-Q, and foreign companies, which use Form 6-K, have none.
Known gaps
- Foreign companies that file Form 20-F or 40-F have annual statements only: their quarterly results are furnished on Form 6-K, which has no XBRL data.
- EPS and share counts are as reported at the time, not adjusted for later stock splits.
- For ADRs, EPS is per ordinary share, not per ADS (one TSMC ADS is five ordinary shares).
- For banks, revenue may be interest income only, depending on how the bank tags its filings; cost of revenue and gross profit are usually blank.
- Companies with several share classes, such as Berkshire Hathaway, may have no EPS and no cover share count.
- Depreciation and amortization is missing for some companies that report it under their own XBRL tags.