Astera Labs, Inc. (ALAB)
NASDAQ:ALAB
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Earnings Data
Report Date
Aug 11, 2026After Close (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
0.69Last Year’s EPS
0.44Same Quarter Last Year
Moderate Buy
Based on 18 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call presents a predominantly positive operational and financial picture: very strong top‑line growth (Q1 revenue +93% YoY), healthy margins (Q1 non‑GAAP gross margin 76.4% and EPS beat), solid cash balance, and clear product momentum across PCIe Gen6, Scorpio fabric switches and early CXL traction. Management reiterated strong Q2 guidance (15%–18% sequential growth). Key investments (R&D, XScale acquisition) and strategic transitions into optics, UALink and custom solutions position the company for higher dollar content per accelerator, but several major growth initiatives are still in early ramp or qualification stages (optics, some custom wins) and near‑term margins will be impacted by a one‑time 200 bps non‑cash item and elevated operating spend. Overall upside is sizable but timing and execution risk remain.Company Guidance
Record Revenue Growth
Q1 revenue of $308.4M, up 14% sequentially and up 93% year‑over‑year, driven by broad‑based growth across signal conditioning and switch fabric portfolios.
Strong Profitability and EPS
Non‑GAAP EPS of $0.61 in Q1 with non‑GAAP operating margin of 36.2% and non‑GAAP gross margin of 76.4%, up 70 basis points sequentially.
Robust Q2 Financial Guide
Q2 revenue guidance of $355M–$365M (up 15%–18% sequentially) and non‑GAAP EPS guidance of $0.68–$0.70, reflecting continued momentum across AI fabric and signal conditioning products.
PCIe Gen6 Adoption
PCIe Gen6 (across AI fabric and signal conditioning) accounted for more than one‑third of company revenue; millions of PCIe Gen6 ports shipped to date, signaling strong product adoption.
Scorpio Fabric Product Momentum
Expanded Scorpio portfolio (P and X Series). New Scorpio X 320‑lane flagship supports in‑network compute and hypercast (claimed up to 2x improvement in collective ops); initial 320‑lane volumes shipping with production ramp in 2026; Scorpio expected to become the largest product line by year‑end.
Optics and M&A Progress
Acquisition of XScale Photonics integrated into design center; progress on ultra‑high‑precision optical fiber coupler qualification with volume expected in 2027 and roadmap toward NPO/CPO and pluggable connectors for ramping in 2027.
CXL Memory Traction (Leo)
Leo memory controller on track for early ramp with Microsoft Azure M‑series VMs (private beta → GA later in the year) and won a custom KV cache CXL design expected to ship revenue in 2027.
Strong Balance Sheet and Cash Generation
Cash, cash equivalents, and marketable securities of $1.18B (flat vs Q4); cash from operations of $74.6M in the quarter, supporting continued investments and acquisitions.
ALAB Earnings History
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 |
|---|---|---|---|
May 05, 2026 | $215.69 | $213.91 | -0.83% |
Feb 10, 2026 | $182.86 | $143.71 | -21.41% |
Nov 04, 2025 | $179.31 | $181.94 | +1.47% |
Aug 05, 2025 | $135.54 | $174.39 | +28.66% |
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 Aug 11, 2026, After Close (Confirmed).
What is Astera Labs, Inc. (ALAB) earnings time?
Astera Labs, Inc. (ALAB) earnings time is at Aug 11, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
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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 2026 (Q2) is 0.69.