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Astera Labs, Inc. ALAB Free cash flow margin

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Other financials

Income statement

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Revenue$308.4M+93.4%
Gross profit$235.1M+96.9%
Operating income$61.8M+448%
Net income$80.3M+152%
EPS (diluted)$0.44+144%

Balance sheet

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Cash & equivalents$148.4M+70.5%
Total debt$41.9M
Total equity$1.5B+43.4%
Total assets$1.7B+47.9%

Cash flow

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Operating cash flow$74.6M+610%
CapEx$7.6M+67.1%
Free cash flow$67.0M+1,023%

Valuation

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Market cap$53.35B+135%
Enterprise value$53.24B+135%
P/E199.3×
P/S53.3×+15.7×

Profitability

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Gross margin76%+0.2pp
Operating margin22.4%+19.2pp
Net margin26.7%

Returns & leverage

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Return on equity21.1%
Debt / equity
Current ratio11.3×-2.6×

Where this comes from

Calculated from Astera Labs, Inc.’s reported figures.

Based on trailing twelve months.

The source filing: Astera Labs, Inc.’s 10-Q, filed May 6, 2026. Open the filing →

Filed
May 5, 2026, 8:00 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001736297-26-000020

FAQ

What is Astera Labs, Inc.'s free cash flow margin?
Astera Labs, Inc. (ALAB) reported free cash flow margin of 34.2% in Q1 2026.
How has Astera Labs, Inc.'s free cash flow margin changed year-over-year?
Astera Labs, Inc.'s free cash flow margin increased by 55.2% year-over-year, from 22.1% to 34.2%.
What is the long-term trend for Astera Labs, Inc.'s free cash flow margin?
Over 2 years (2022 to 2025), Astera Labs, Inc.'s free cash flow margin has grown at a -18.5% compound annual growth rate (CAGR), from -49.8% to 33.1%.
What does free cash flow margin mean?
Free cash flow (operating cash flow minus capital expenditures) as a percentage of revenue, trailing twelve months. Measures how efficiently revenue converts into discretionary cash.

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