Astera Labs, Inc. ALAB Ratios & Valuation
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 76%+0.3pp | 75.7%+0.3pp | 75.4%-0.1pp | 75.5%-0.2pp | 75.8%-0.6pp | |
| Operating margin | 22.4%+2.0pp | 20.3%+5.6pp | 14.7%+7.8pp | 7%+11.4pp | -4.5%+24.8pp | |
| Net margin | 26.7%+1.0pp | 25.7%— | —— | —— | —— | |
| EBITDA margin | 23.3%+2.2pp | 21.1%+5.7pp | 15.4%+7.7pp | 7.7%+11.4pp | -3.7%+24.8pp | |
| Free cash flow margin | 34.2%+1.2pp | 33.1%+1.3pp | 31.7%-3.0pp | 34.7%+12.7pp | 22.1%-3.8pp | |
| Returns | ||||||
| Return on equity | 21.1%+2.3pp | 18.8%— | —— | —— | —— | |
| Return on assets | 19.2%+2.3pp | 16.9%— | —— | —— | —— | |
| Efficiency | ||||||
| Asset turnover | 0.7×+0.1× | 0.7×+0.1× | 0.6×+0.1× | 0.6×+0.1× | 0.5×-0.1× | |
| Inventory turnover | 4.3×+0.3× | 4.1×-0.6× | 4.7×+1.3× | 3.4×+0.5× | 2.9×+0.2× | |
| Liquidity | ||||||
| Current ratio | 11.3×+1.1× | 10.2×-2.5× | 12.8×+1.7× | 11.1×-2.8× | 13.9×+2.2× | |
| Quick ratio | 10.8×+1.0× | 9.8×-2.5× | 12.3×+1.7× | 10.5×-2.7× | 13.3×+2.1× | |
| Cash ratio | 1.2×-0.1× | 1.3×-0.1× | 1.4×-0.1× | 1.5×+0.4× | 1.1×+0.2× | |
| Leverage | ||||||
| Debt-to-equity | 0×0.0× | 0×0.0× | 0×0.0× | 0×— | —— | |
| Debt-to-assets | 0×0.0× | 0×0.0× | 0×0.0× | 0×— | —— | |
| Net debt / EBITDA | -0.5×+0.3× | -0.8×+0.2× | -1×+1.8× | -2.8×— | —— | |
| Per Share | ||||||
| Book value per share | $8.25+8.6% | $7.59+7.9% | $7.04+10.4% | $6.38+9.0% | $5.85-20.4% | |
| Valuation | ||||||
| Market capitalization | $18.66B-33.6% | $28.1B-13.7% | $32.55B+126% | $14.39B+48.7% | $9.68B-53.9% | |
| Enterprise value | $18.55B-33.7% | $27.96B-13.8% | $32.44B+127% | $14.26B— | —— | |
| Price / earnings | 69.7×-58.5× | 128.2×— | —— | —— | —— | |
| Price / sales | 18.6×-14.3× | 33×-12.1× | 45×+21.2× | 23.8×+4.0× | 19.7×-33.3× | |
| Price / book | 12.5×-8.1× | 20.6×-5.0× | 25.6×+12.9× | 12.7×+3.4× | 9.3×-12.5× | |
| EV / EBITDA | 79.5×-75.6× | 155.1×-136× | 291×-15.9× | 306.9×— | —— | |
| EV / sales | 18.5×-14.3× | 32.8×-12.1× | 44.9×+21.3× | 23.5×— | —— | |
| Free cash flow yield | 1.8%+0.8pp | 1%+0.3pp | 0.7%-0.8pp | 1.5%+0.3pp | 1.1%+0.6pp | |
| Earnings yield | 1.4%+0.7pp | 0.8%— | —— | —— | —— |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- What are Astera Labs, Inc.'s profit margins?
- Astera Labs, Inc. (ALAB) runs a 76.0% gross margin and a 22.4% operating margin, with a 26.7% net margin.
- Where do Astera Labs, Inc.'s ratios come from?
- Every ratio is computed from Astera Labs, Inc.'s SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.
