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Astera Labs, Inc. ALAB Product sales — Revenue

Other product segments

Engineering services
$0-100%

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Other financials

Income statement

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Revenue$392.4M+104%
Gross profit$287.6M+97.6%
Operating income$89.2M+124%
Net income$153.1M+199%
EPS (diluted)$0.83+186%

Balance sheet

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Cash & equivalents$111.5M-31.8%
Total debt$44.4M+37.5%
Total equity$1.7B+51.9%
Total assets$1.9B+51.9%

Cash flow

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Operating cash flow$87.7M-35.2%
CapEx$20.5M+912%
Free cash flow$67.2M-49.6%

Valuation

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Market cap$54.58B+88.3%
Enterprise value$54.51B+88.9%
P/E147.7×
P/S45.4×-2.5×

Profitability

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Gross margin75.1%-0.4pp
Operating margin22.8%+15.8pp
Net margin30.7%
FCF margin23%-11.7pp

Returns & leverage

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Return on equity25.8%
Debt / equity0.0×
Current ratio10.1×-1.0×

Where this comes from

Reported directly by Astera Labs, Inc. in its filing.

Tagged under the XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.

The source filing: Astera Labs, Inc.’s 10-K, filed February 20, 2026.

Filed
Feb 20, 2026, 5:26 PM EST
Fiscal year
FY2025
Accession
0001736297-26-000010
Line itemYears Ended December 31, 2025Years Ended December 31, 2024Years Ended December 31, 2023
Product sales$852,525$393,115$111,889
Engineering services3,1753,905
Total revenue$852,525$396,290$115,794

Item 8. Financial Statements and Supplementary Data

FAQ

What is Astera Labs, Inc.'s product sales — revenue?
Astera Labs, Inc. (ALAB) reported product sales — revenue of $213.13M in Q4 2025.
How has Astera Labs, Inc.'s product sales — revenue changed year-over-year?
Astera Labs, Inc.'s product sales — revenue increased by 116.9% year-over-year, from $98.28M to $213.13M.
What is the long-term trend for Astera Labs, Inc.'s product sales — revenue?
Over 3 years (2022 to 2025), Astera Labs, Inc.'s product sales — revenue has grown at a 121.7% compound annual growth rate (CAGR), from $78.23M to $852.53M.
What does product sales — revenue mean?
This metric represents the total revenue generated from the sale of semiconductor-based, high-speed mixed-signal connectivity products and associated hardware components. It reflects the core commercial performance of the company's physical connectivity platform and hardware offerings. Tracking this revenue stream provides insight into the adoption rate and market demand for the company's primary hardware solutions within the broader data center and cloud infrastructure ecosystem.

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