Companies /Technology

Astera Labs, Inc. Common Stock

NASDAQ: ALAB Semiconductors
$293.59
▼ $10.50 (−3.45%) today
Markets open · 2:52pm ET

Q4 2025 Earnings

Reported Feb 10, 2026, 4:09pm ET · SEC source
$0.58
Beat +12.64%
EPS · est. $0.51
$270.6M
Beat +8.43%
Revenue · est. $249.5M
−8.0%
Trailing market
ALAB vs S&P since report
9 quarters
Consecutive EPS beats

Market Reaction

% change · around the report
−18%−9%0+9%Feb 10Feb 11report 4:09pm ETearnings−0.0%−17.3%
−18%−9%0+9%Feb 10Feb 11earnings−0.0%−17.3%
ALAB −17.3%S&P 500 −0.0%
−18%−9%0+9%Feb 10Feb 11report 4:09pm ETearnings+0.1%−17.3%
−18%−9%0+9%Feb 10Feb 11earnings+0.1%−17.3%
ALAB −17.3%NASDAQ +0.1%
−20%0Feb 9Feb 18report 4:09pm ETearnings−1.0%−24.8%
−20%0Feb 9Feb 18earnings−1.0%−24.8%
ALAB −24.8%S&P 500 −1.0%
−20%0Feb 9Feb 18report 4:09pm ETearnings−1.2%−24.8%
−20%0Feb 9Feb 18earnings−1.2%−24.8%
ALAB −24.8%NASDAQ −1.2%
−21.41%
Day of report
−11.92%
Next session
−7.72%
One week
−11.29%
30 days

S&P 500 over the same 30 days: −3.31%.

Did ALAB Beat Earnings? Q4 2025 Results

Astera Labs closed out fiscal 2025 with a decisive beat on both top and bottom lines, as <a href="https://247wallst.com/investing/2026/02/10/live-will-astera-labs-soar-after-earnings-tonight/">investors watching closely</a> saw the AI connectivity specialist report Q4 revenue of $270.58 million, up 91.8% year-over-year and 8.43% ahead of the $249.55 million consensus estimate. Non-GAAP EPS of $0.58 beat the $0.51 consensus by 12.64%, extending the company's streak of consensus EPS beats to six consecutive quarters. The primary engine behind the quarter's strength was accelerating demand for AI infrastructure connectivity, with non-GAAP operating margin expanding to 40.2% from 34.3% a year ago as revenue scale drove meaningful operating leverage. Full-year 2025 revenue reached $852.52 million, reflecting 115% growth over fiscal 2024. Analysts have since lifted their 2026 revenue forecasts by roughly 13% to approximately $1.3 billion, underscoring confidence in the company's trajectory. Looking ahead, Astera Labs guided Q1 2026 revenue of $286 million to $297 million, with non-GAAP EPS of $0.53 to $0.54, pointing to continued sequential growth as its Scorpio X-Series fabric switches ramp with hyperscaler customers.

Key Takeaways
  • Strong hyperscaler demand for AI connectivity solutions
  • Revenue growth of 92% YoY and 17% QoQ driven by Intelligent Connectivity Platform
  • Non-GAAP operating margin expansion to 40.2% from 34.3% year-over-year
  • Full-year 2025 revenue growth of 115% year-over-year

“Astera Labs delivered strong financial results in Q4 with revenue growing by 17% sequentially to a new record level of $270.6 million, highlighting a stellar 2025 with full-year revenue growth of 115% year-over-year.”

Astera Labs CEO, on the earnings call

Forward Guidance & Outlook

For Q1 FY2026, Astera Labs guides revenue of $286 million to $297 million, GAAP gross margin of approximately 74%, GAAP operating expenses of $155 million to $161 million, and GAAP diluted EPS of $0.36 to $0.38. On a non-GAAP basis, the company expects gross margin of approximately 74%, operating expenses of $112 million to $118 million, a non-GAAP tax rate of approximately 12%, and non-GAAP diluted EPS of $0.53 to $0.54 on approximately 184 million weighted-average diluted shares outstanding.

ALAB YoY Financials

Q4 2025 vs Q4 2024 · SEC filings Q4 2024 Q4 2025
$0$80.0M$160.0M$240.0M$141.1M$270.6MRevenue$104.4M$204.5MGross Profit$144,000$67.0MOperating Income$24.7M$45.0MNet Income
$0$80.0M$160.0M$240.0MRevenueGross ProfitOperating IncomeNet Income

Figures from SEC filings and company reports. Not investment advice.