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Astera Labs, Inc. ALAB Free cash flow

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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%

Valuation

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Market cap$67.15B+367%
Enterprise value$67.04B+370%
P/E250.9×
P/S67.1×+43.3×

Profitability

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Gross margin76%+0.2pp
Operating margin22.4%+19.2pp
Net margin26.7%
FCF margin34.2%+12.2pp

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.

The official record: Astera Labs, Inc.’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

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?
Free cash flow represents the cash generated by a company after accounting for cash outflows to support operations and maintain or expand its capital asset base. It serves as a critical indicator of a company's ability to fund organic growth, pay down debt, or return capital to shareholders without relying on external financing.