Astera Labs, Inc. (ALAB) Form 8-K — Nov 3, 2026
Astera Labs reported record Q3 2026 revenue of $584.9 million, up 49% sequentially and 154% year-over-year, with GAAP diluted EPS of $0.99 versus $0.50 in the year-ago quarter. Scorpio fabric switches became the company's largest product family by revenue, ramping to high-volume production, while the portfolio expanded with Aries 7, Leo 2/Leo X-Series, and the Orion rack-scale reference architecture.
Key figures
- Eps
- 0.99
- Revenue
- 584900000
- Guidance
- Q4 2026 revenue $730-750M; GAAP gross margin ~72%; GAAP diluted EPS $1.13-$1.17; non-GAAP diluted EPS $1.62-$1.66 on ~187M diluted shares
- Net Income
- 182944000
- Revenue Yoy
- 154%
- Total Assets
- 2300333000
- Cash Position
- 209396000
- Revenue qoq
- 49%
- Gross margin gaap
- 72.3%
- Nine month revenue
- $1,285.7M
- Non gaap net income
- $243.4M
- Non gaap eps diluted
- $1.32
- Operating income gaap
- $179.1M
- Operating margin gaap
- 30.6%
- Non gaap operating margin
- 44.7%
AI analysis
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