Free cash flow
Astera Labs, Inc. Free cash flow decreased by 12.5% to $67.01M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 1023.4%, from $5.97M to $67.01M. Over 2 years (FY 2022 to FY 2025), Free cash flow shows an upward trend with a 166.2% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
How to read this metric
An increase suggests strong operational efficiency and the ability to self-fund future innovation or return capital to shareholders, while a decrease may indicate heavy capital expenditure cycles or declining operational profitability.
Detailed definition
Free cash flow represents the cash generated by a company after accounting for cash outflows to support operations and m...
Peer comparison
High-growth semiconductor and AI infrastructure peers typically prioritize reinvestment, so free cash flow margins are often compared against R&D intensity and capital expenditure requirements of industry rivals.
free_cash_flowHistorical Data
| Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | -$9.94M | -$9.94M | -$9.94M | -$9.94M | -$4.26M | -$23.54M | -$1.07M | $228.00K | $31.14M | $46.81M | $24.26M | $5.97M | $133.34M | $65.88M | $76.58M | $67.01M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +57.2% | -452.8% | +95.5% | +121.3% | >999% | +50.3% | -48.2% | -75.4% | >999% | -50.6% | +16.2% | -12.5% |
| YoY Change | — | — | — | — | +57.2% | -136.7% | +89.2% | +105.4% | +232.3% | >999% | — | >999% | +328.2% | +40.7% | +215.7% | >999% |
Free cash flow at Other Companies
Frequently Asked Questions
- What is Astera Labs, Inc.'s free cash flow?
- Astera Labs, Inc. (ALAB) reported free cash flow of $67.01M in Q1 2026.
- How has Astera Labs, Inc.'s free cash flow changed year-over-year?
- Astera Labs, Inc.'s free cash flow increased by 1023.4% year-over-year, from $5.97M to $67.01M.
- What is the long-term trend for Astera Labs, Inc.'s free cash flow?
- Over 2 years (2022 to 2025), Astera Labs, Inc.'s free cash flow has grown at a 166.2% compound annual growth rate (CAGR), from -$39.77M to $281.76M.
- What does free cash flow mean?
- The cash a company has left over after paying for its operating expenses and capital investments.