The earnings call highlights Astera Labs' significant revenue growth and strategic product ramp-ups, particularly with the Scorpio P-Series. Strong financial metrics and strategic partnerships further bolster the positive sentiment. However, increased R&D expenses and a higher projected tax rate present some challenges.

Company Guidance

In the second quarter of fiscal year 2025, Astera Labs reported a significant financial performance, with quarterly revenue reaching $191.9 million, marking a 20% increase from the previous quarter and a 150% rise compared to the same period last year. The growth was primarily driven by the company's signal conditioning and switch fabric product lines. The Scorpio P-Series switches, supporting PCIe 6 scale-out applications, emerged as a key revenue driver, comprising over 10% of total revenue and becoming the fastest-ramping product line in Astera Labs' history. The company also achieved a non-GAAP gross margin of 76%, reflecting an improvement of 110 basis points from the prior quarter. Non-GAAP operating expenses totaled $70.7 million, with R&D expenses accounting for $48.9 million. For the third quarter, Astera Labs provided guidance with expected revenue in the range of $203 million to $210 million, driven by growth in the Aries, Taurus, and Scorpio product lines, and anticipated non-GAAP gross margins of approximately 75%. The company also forecasted a non-GAAP tax rate of 20% for the third quarter, reflecting recent tax law changes.

Record Revenue Growth

Astera Labs delivered quarterly revenue of $191.9 million, up 20% from the previous quarter and 150% higher than the revenue in Q2 of 2024.

Scorpio P-Series Milestone

The Scorpio P-Series switches ramped into volume production, exceeding 10% of total revenue and becoming the fastest-ramping product line in Astera Labs' history.

Strong Financial Performance

Non-GAAP gross margin was 76%, up 110 basis points from the previous quarter, and non-GAAP operating margin was 39.2%, up 550 basis points.

Strategic Partnerships Expansion

Astera Labs broadened collaborations with NVIDIA and announced a partnership with Alchip Technologies to advance AI rack-scale infrastructure.

Q3 Revenue Guidance

Astera Labs expects Q3 revenues to be between $203 million and $210 million, up 6% to 9% from Q2 levels.

Astera Labs, Inc. (ALAB) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

ALAB Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Nov 10, 2025	2025 (Q3)	0.39 / -	0.23	―	―	―
Aug 05, 2025	2025 (Q2)	0.32 / 0.44	0.13	238.46% (+0.31)	―
May 06, 2025	2025 (Q1)	0.28 / 0.33	0.1	230.00% (+0.23)	―
Feb 10, 2025	2024 (Q4)	0.26 / 0.37	0.12	208.33% (+0.25)	―
Nov 04, 2024	2024 (Q3)	0.17 / 0.23	-0.02	1250.00% (+0.25)	―
Aug 06, 2024	2024 (Q2)	0.11 / 0.13	-0.129	200.78% (+0.26)	―
May 07, 2024	2024 (Q1)	0.04 / 0.10	-0.112	189.29% (+0.21)	―

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

ALAB Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Aug 05, 2025	$135.54	$174.39	+28.66%
May 06, 2025	$71.36	$71.09	-0.38%
Feb 10, 2025	$103.29	$92.04	-10.89%
Nov 04, 2024	$69.65	$95.91	+37.70%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Astera Labs, Inc. (ALAB) report earnings?

Astera Labs, Inc. (ALAB) is schdueled to report earning on Nov 10, 2025, After Close (Confirmed).

What is Astera Labs, Inc. (ALAB) earnings time?

Astera Labs, Inc. (ALAB) earnings time is at Nov 10, 2025, After Close (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is ALAB EPS forecast?

ALAB EPS forecast for the fiscal quarter 2025 (Q3) is 0.39.

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