Astera Labs, Inc.
ALAB· Nasdaq· Semiconductors & Related Devices
- Market cap
- –
- P/FCF
- –
- EV/Sales
- –
- FCF margin
- 33.1%
- ROIC, 5 yr avg
- –
- Revenue, 5 yr CAGR
- –
We record prices for the companies we cover; ALAB is not one of them yet.
Company statistics
Profile · FY2025
- Market cap
- –
- Enterprise value
- –
- Diluted shares
- 179.6M
- Revenue
- $852.5M
- Free cash flow
- $281.8M
- Owner earnings
- $121.7M
Valuation · FY2025
- P/E
- –
- P/FCF
- –
- P/Owner earnings
- –
- EV/Sales
- –
- EV/FCF
- –
- P/B
- –
Margins · FY2025
- Gross
- 75.7%
- Operating
- 20.3%
- Net
- 25.7%
- Free cash flow
- 33.1%
- Owner earnings
- 14.3%
- Stock pay
- 18.8%
Returns
- ROIC, FY2025
- –
- ROIC, 5 yr avg
- –
- ROE, FY2025
- 16.1%
- ROE, 5 yr avg
- –
Growth (CAGR)
- Revenue, 3 yr
- 120.2%
- Revenue, 5 yr
- –
- Diluted EPS, 3 yr
- –
- Diluted EPS, 5 yr
- –
- Free cash flow, 3 yr
- –
- Free cash flow, 5 yr
- –
Financial health · FY2025
- Cash and investments
- $1.2B
- Total debt
- –
- Net cash
- –
- Debt/Equity
- –
- Debt/FCF
- –
Shareholder returns · FY2025
- Dividend yield
- –
- Payout ratio
- –
- Buyback yield
- –
- Shareholder yield
- –
- Share count, 5 yr
- –
Financials: ten years from the 10-Ks
Revenue
$852.5M
+120.2% a year over 3 years
FY2022FY2025
Margins
Gross75.7%Operating20.3%Net25.7%
FY2025
FY2022FY2025
Free cash flow and owner earnings
Free cash flow$281.8MOwner earnings$121.7M
FY2025
FY2022FY2025
Diluted shares
179.6M
+425.4% over 3 years, net dilution
FY2022FY2025
Every figure, year by year
| Fiscal year | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|
| The business | ||||
| Revenue | $79.9M | $115.8M | $396.3M | $852.5M |
| Revenue growth | – | 45.0% | 242.2% | 115.1% |
| Gross margin | 73.5% | 68.9% | 76.4% | 75.7% |
| Operating margin | -75.4% | -25.5% | -29.3% | 20.3% |
| Net income | -$58.3M | -$26.3M | -$83.4M | $219.1M |
| Net margin | -73.0% | -22.7% | -21.1% | 25.7% |
| Diluted EPS | $-1.71 | $-0.71 | $-0.64 | $1.22 |
| Return on invested capital? | – | – | – | – |
| Cash | ||||
| Operating cash flow | -$35.9M | -$12.7M | $136.7M | $319.3M |
| Capital expenditure | $3.9M | $2.8M | $34.2M | $37.5M |
| Free cash flow | -$39.8M | -$15.5M | $102.4M | $281.8M |
| Stock-based compensation | $30.2M | $10.7M | $234.6M | $160.0M |
| Owner earnings? | -$70.0M | -$26.2M | -$132.2M | $121.7M |
| Free cash flow per share | $-1.16 | $-0.42 | $0.78 | $1.57 |
| Capital allocation | ||||
| Dividends paid | – | – | – | – |
| Share repurchases | $313.0K | $210.0K | $1.1M | $0 |
| Diluted shares | 34.2M | 37.1M | 131.3M | 179.6M |
| Share count change? | – | 8.7% | 253.5% | 36.8% |
| Balance sheet | ||||
| Cash and equivalents | $76.1M | $45.1M | $79.6M | $167.6M |
| Short-term investments | – | $104.2M | $834.8M | $1.0B |
| Total debt | – | – | – | – |
| Net debt | – | – | – | – |
| Shareholders' equity | -$85.3M | -$97.7M | $964.8M | $1.4B |
Latest filings
| 2026-08-05 | 10-Q | Quarterly report |
| 2026-08-04 | 8-K | Earnings release |
| 2026-05-06 | 10-Q | Quarterly report |
| 2026-05-05 | 8-K | Earnings release |
| 2026-04-23 | DEF 14A | Proxy statement |
| 2026-02-20 | 10-K | Annual report |
| 2026-02-10 | 8-K | Earnings release |
| 2025-11-05 | 10-Q | Quarterly report |
| 2025-11-04 | 8-K | Earnings release |
| 2025-08-06 | 10-Q | Quarterly report |
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