Astera Labs, Inc. ALAB Ratios & Valuation
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 76%+0.2pp | 75.7%-0.7pp | 75.4%-2.2pp | 75.5%-1.8pp | 75.8%-1.4pp | |
| Operating margin | 22.4%+26.8pp | 20.3%+49.7pp | 14.7%— | 7%— | -4.5%— | |
| Net margin | 26.7%— | 25.7%— | —— | —— | —— | |
| EBITDA margin | 23.3%+27.1pp | 21.1%+49.7pp | 15.4%— | 7.7%— | -3.7%— | |
| Free cash flow margin | 34.2%+12.2pp | 33.1%+7.2pp | 31.7%— | 34.7%— | 22.1%— | |
| Returns | ||||||
| Return on equity | 21.1%— | 18.8%— | —— | —— | —— | |
| Return on assets | 19.2%— | 16.9%— | —— | —— | —— | |
| Efficiency | ||||||
| Asset turnover | 0.7×+0.2× | 0.7×0.0× | 0.6×— | 0.6×— | 0.5×— | |
| Inventory turnover | 4.3×+1.4× | 4.1×+1.3× | 4.7×-0.8× | 3.4×— | 2.9×— | |
| Liquidity | ||||||
| Current ratio | 11.3×-2.6× | 10.2×-1.5× | 12.8×+2.0× | 11.1×-2.8× | 13.9×-4.8× | |
| Quick ratio | 10.8×-2.4× | 9.8×-1.4× | 12.3×+1.8× | 10.5×-2.9× | 13.3×-4.8× | |
| Cash ratio | 1.2×+0.1× | 1.3×+0.3× | 1.4×0.0× | 1.5×-5.0× | 1.1×-14.1× | |
| Leverage | ||||||
| Debt-to-equity | 0×— | 0×0.0× | 0×— | 0×0.0× | —— | |
| Debt-to-assets | 0×— | 0×0.0× | 0×— | 0×0.0× | —— | |
| Net debt / EBITDA | -0.5×— | -0.8×— | -1×— | -2.8×— | —— | |
| Per Share | ||||||
| Book value per share | $8.25+41.0% | $7.59+3.3% | $7.04+24.1% | $6.38+17.1% | $5.85-62.0% | |
| Valuation | ||||||
| Market capitalization | $18.66B+92.8% | $28.1B+33.8% | $32.55B+297% | $14.39B+53.0% | $9.68B-14.5% | |
| Enterprise value | $18.55B— | $27.96B+33.6% | $32.44B— | $14.26B+58.6% | —— | |
| Price / earnings | 69.7×— | 128.2×— | —— | —— | —— | |
| Price / sales | 18.6×-1.1× | 33×-20.1× | 45×+18.2× | 23.8×-17.2× | 19.7×-49.5× | |
| Price / book | 12.5×+3.2× | 20.6×-1.2× | 25.6×+16.4× | 12.7×+1.5× | 9.3×-4.7× | |
| EV / EBITDA | 79.5×— | 155.1×— | 291×— | 306.9×— | —— | |
| EV / sales | 18.5×— | 32.8×-20.0× | 44.9×— | 23.5×-15.6× | —— | |
| Free cash flow yield | 1.8%+0.7pp | 1%+0.5pp | 0.7%— | 1.5%— | 1.1%— | |
| Earnings yield | 1.4%— | 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.
