Semiconductors & Related Devices · SIC 3674

Astera Labs, Inc.

ALAB

Watch

Latest revenue

$308.4M

as of 2026-03-31

Latest net income

$80.3M

as of 2026-03-31

Net margin

26.0%

as of 2026-03-31

Price · 5Y

+97.9% / yr 84.1 pts / yr vs S&P 500 338.4% total
Compare:

Live market

delayed ≤15 min
$306.88
3.04%
Market cap
$52.60B
Enterprise value
$52.60B
P/E (trailing)
240.0×
Forward P/E
P/B
Dividend yield
0.0%
52-wk high
$315.81
52-wk low
$84.78
Beta
Shares out
171.4M

5-year trend

dashed bar = fiscal Q4 derived from 10-K annual − Q1 − Q2 − Q3 (SEC requires only three 10-Qs per year).

What this company does

AI

Item 1. Business Overview Our mission is to innovate, design, and deliver semiconductor-based connectivity solutions that are purpose-built to unleash the full potential of cloud and AI infrastructure. Building on years of experience with a singular focus on addressing connectivity challenges in data-centric systems, we have developed and deployed our leading Intelligent Connectivity Platform built from the ground up for cloud and AI infrastructure. Our Intelligent Connectivity Platform comprises of semiconductor-based, high-speed, mixed-signal connectivity products that integrate a matrix of microcontrollers and sensors, and COSMOS, our software suite, which is embedded in our connectivity…

AI summary unavailable — showing raw filing excerpt

Generated from ALAB's filing dated 2026-02-20

Key risks

AI

Table of Contents Item 1A. Risk Factors Our operations and financial results are subject to various risks and uncertainties, including those described below. You should carefully consider the risks and uncertainties described below, together with all of the other information in this Annual Report on Form 10-K, including the section titled “Management’s Discussion and Analysis of Financial Condition and Results of Operations” and our consolidated financial statements and related notes. The risks described below are not the only ones we face and we could be harmed by risks and uncertainties not currently known to us or that we do not currently believe to be material. If any of these risks…

AI summary unavailable — showing raw filing excerpt

Generated from ALAB's filing dated 2026-02-20

Profitability

Gross margin

75.7%

0.9%

Operating margin

20.3%

169.5%

Net margin

25.7%

222.1%

Return on equity

16.1%

285.9%

Return on assets

14.3%

280.8%

Leverage

Debt / equity

0.12×

32.6%

Debt / assets

11.0%

29.1%

Earnings tracker

QuarterRevenueYoYNet incomeYoYNet margin

Q1 2026

2026-03-31

$308.4M+93.4%$80.3M+152.4%26.0%

Q4 2025

2025-12-31

$270.6M+91.8%$45.0M+82.0%16.6%

Q3 2025

2025-09-30

$230.6M+103.9%$91.1M+1300.0%39.5%

Q2 2025

2025-06-30

$191.9M+149.7%$51.2M+778.8%26.7%

Q1 2025

2025-03-31

$159.4M+144.3%$31.8M+134.2%20.0%

Q4 2024

2024-12-31

$141.1M$24.7M17.5%

Q3 2024

2024-09-30

$113.1M+206.2%$-7.6M-143.1%-6.7%

Q2 2024

2024-06-30

$76.8M+619.0%$-7.5M+62.3%-9.8%

Year-over-year change vs the same fiscal quarter one year prior. Revenue + net income sourced from SEC 10-Q / 10-K filings — no analyst-consensus dependency.

Industry trend

Semiconductors & Related Devices · SIC 3674

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Insider activity

Insider buying

$0

Insider selling

$694.3M

Net activity

−$694.3M

Distinct insiders

8

Open-market trades over the last 365 days.

Recent transactions

DateInsiderTypeSharesPriceValue
2026-05-19

Jitendra Mohan

Chief Executive Officer

Sale27,937$249.61$7.0M
2026-05-19

Jitendra Mohan

Chief Executive Officer

Sale800$250.00$200.0K
2026-05-18

Jitendra Mohan

Chief Executive Officer

Sale19,404$235.41$4.6M
2026-05-18

Jitendra Mohan

Chief Executive Officer

Sale2,282$233.18$532.1K
2026-05-18

Jitendra Mohan

Chief Executive Officer

Sale1,946$232.81$453.0K
2026-05-18

Jitendra Mohan

Chief Executive Officer

Sale7,643$231.31$1.8M
2026-05-18

Jitendra Mohan

Chief Executive Officer

Sale3,546$230.28$816.6K
2026-05-18

Jitendra Mohan

Chief Executive Officer

Sale1,033$229.55$237.1K
2026-05-18

Jitendra Mohan

Chief Executive Officer

Sale6,196$226.64$1.4M
2026-05-18

Jitendra Mohan

Chief Executive Officer

Sale1,629$225.27$367.0K
2026-05-18

Jitendra Mohan

Chief Executive Officer

Sale2,734$223.96$612.3K
2026-05-18

Jitendra Mohan

Chief Executive Officer

Sale2,464$223.34$550.3K
2026-05-18

Jitendra Mohan

Chief Executive Officer

Sale19$222.52$4.2K
2026-05-18

Jitendra Mohan

Chief Executive Officer

Sale3,568$222.11$792.5K
2026-05-18

Jitendra Mohan

Chief Executive Officer

Sale6,924$220.62$1.5M
2026-05-18

Jitendra Mohan

Chief Executive Officer

Sale3,725$219.51$817.7K
2026-05-18

Jitendra Mohan

Chief Executive Officer

Sale9,409$218.50$2.1M
2026-05-18

Jitendra Mohan

Chief Executive Officer

Sale10,819$217.28$2.4M
2026-05-18

Jitendra Mohan

Chief Executive Officer

Sale12,103$216.46$2.6M
2026-05-18

Sanjay Gajendra

President and COO

Sale19,404$235.41$4.6M
2026-05-18

Sanjay Gajendra

President and COO

Sale2,282$233.18$532.1K
2026-05-18

Sanjay Gajendra

President and COO

Sale1,946$232.81$453.0K
2026-05-18

Sanjay Gajendra

President and COO

Sale7,643$231.31$1.8M
2026-05-18

Sanjay Gajendra

President and COO

Sale3,546$230.28$816.6K
2026-05-18

Sanjay Gajendra

President and COO

Sale1,033$229.55$237.1K
2026-05-18

Sanjay Gajendra

President and COO

Sale6,196$226.64$1.4M
2026-05-18

Sanjay Gajendra

President and COO

Sale1,629$225.27$367.0K
2026-05-18

Sanjay Gajendra

President and COO

Sale2,734$223.96$612.3K
2026-05-18

Sanjay Gajendra

President and COO

Sale2,464$223.34$550.3K
2026-05-18

Sanjay Gajendra

President and COO

Sale19$222.52$4.2K

Source: SEC Form 4 filings. Officers, directors, and 10%+ owners must disclose share transactions within two business days. RSU grants and tax-withholding rows are excluded by default — compensation activity is not a trading signal.

Who owns ALAB

Institutional value

$5.17B

Total shares held

47.7M

Distinct holders

466

As of

2026-03-31

Filers with $100M+ AUM disclose holdings 45 days after quarter end.

Top institutional holders

#ManagerSharesValueQoQ changeAction
1BlackRock, Inc.11.4M$1.25BNew
2VANGUARD PORTFOLIO MANAGEMENT LLC7.3M$801.2MNew
3VANGUARD CAPITAL MANAGEMENT LLC6.3M$694.9MNew
4BNP PARIBAS FINANCIAL MARKETS1.8M$198.8MNew
5CITIGROUP INC1.5M$165.8MNew
6UBS Group AG1.4M$158.1MNew
7WESTFIELD CAPITAL MANAGEMENT CO LP860.1K$94.3MNew
8VANGUARD FIDUCIARY TRUST CO851.8K$93.4MNew
9DEUTSCHE BANK AG\730.9K$80.1MNew
10Legal & General Group Plc720.3K$78.9MNew
11UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC649.2K$71.2MNew
12Capital World Investors600.0K$65.8MNew
13Artisan Partners Limited Partnership560.6K$61.4MNew
14Bank of New York Mellon Corp475.5K$52.1MNew
15NOMURA ASSET MANAGEMENT CO LTD450.6K$49.4MNew
16JPMORGAN CHASE & CO430.4K$43.2MNew
17Swiss National Bank390.2K$42.8MNew
18Invesco Ltd.370.2K$40.6MNew
19SALEM INVESTMENT COUNSELORS INC369.8K$40.5MNew
20Champlain Investment Partners, LLC327.6K$35.9MNew

Source: SEC Form 13F-HR. Positions aggregated across sub-managers within each firm. Options (puts/calls) excluded — common stock only.

Top questions investors are asking

Coming once ALAB's latest filing finishes processing.