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MARKETS / NASDAQ / ALAB
NASDAQ · SEMICONDUCTORS & RELATED DEVICES · LARGE CAP

Astera Labs, Inc. ALAB

4 fiscal years on record · USD · FY2025 reported · SEC filings only
$852.5M
▲ 115.1% YoY
$219.1M
$281.8M
▲ 175.1% YoY
In brief

What this company does

Astera Labs is a global semiconductor company that provides hardware and software solutions for AI and cloud infrastructure applications to solve data, memory, and networking bottlenecks. As of December 31, 2025, it had a total of 756 full-time employees globally, with 527 in North America, 208 in Asia, and 21 in Europe. Its top three end customers represented an aggregate of approximately 86% of its revenue. Its Aries products digitally recover degraded high-speed signals and retransmit a clean copy of the data, extending the reach of existing cost-effective interconnects while enabling higher data bandwidth. Its Taurus products are hardware modules based on its Taurus integrated circuits that increase network connectivity bandwidth between servers and switches over copper media. Its Leo products allow customers to overcome processor memory bandwidth bottlenecks and capacity limitations. Its Scorpio products enable hyperscaler customers to deploy AI platforms by improving energy efficiency, optimizing performance per watt, increasing AI accelerator utilization, reducing time to market, and maximizing uptime.

Written from the business description in Astera Labs, Inc.'s annual report to the U.S. Securities and Exchange Commission, filed 20 February 2026. Every sentence was checked against that document before publication.

Growth
USD 852.5M
Revenue, FY2025 · full 4-year series below
Revenue $M Net income $M
FY2025 · Revenue 852.5 · Net income 219.1
400M800M2022202320242025
Compound annual growth
+120.2%
3 yrs
5 yrs
10 yrs
15 yrs

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability
26 cents
of every revenue dollar became profit
Operating margin Net margin
FY2025 · Operating 20.3% · Net 25.7%
10%20%-20%-40%-60%2022202320242025
ROE
FY2025 · ROE 18.8%
5%10%15%-5%-10%-15%2022202320242025

Each USD of equity produced 19 cents of profit this year.

Cash & shareholders
returned in FY2025 · dividends + net buybacks
Free cash flow $M
FY2025 · FCF 281.8
100M200M-20M2022202320242025
Net buybacks $M Dividends $M
FY2025 · Dividends — · Net buybacks -1.8
-2M-4M2022202320242025

Total assetsUSD 1.5B
EquityUSD 1.4B
CashUSD 167.6M
Current ratio10.24×

Equity funds 89% of total assets.

The 4-year record
4 fiscal years
Every figure from documents filed with the SEC · USD

EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.

row low → row highnegative
Metric 2025202420232022
Revenue $B0.90.40.10.1
Operating income $B0.2−0.1−0.0−0.1
EBITDA $B·−0.1−0.0−0.1
Income tax $B−0.00.00.00.0
Net income $B0.2−0.1−0.0−0.1
Free cash flow $B0.30.1−0.0−0.0
EPS, diluted $1.22−0.64−0.71−1.71
Dividend / sh $····
Payout %····
ROE %18.8−19.2··
Shares out B0.170.160.04·

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Provenance
Company facts, as filed
How we verify · 0 failures in 18 reconciliationsAUDITED

Reconciled in 4 of 19 fiscal years. 77 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures
ActivitySemiconductors & Related Devices
Listed onNASDAQ
Incorporated inDelaware
Fiscal year endsDecember 31
Data on record since2022

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