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AI brief of an SEC Form 8-K · Astera Labs (ALAB)

Astera Labs Q2 revenue rises 104% to record $392.4 million; Q3 outlook $540M-$560M

Positive Impact 3 of 5 earnings Written later

Astera Labs reported second-quarter 2026 revenue of $392.4 million, up 27% from the first quarter and 104% from a year earlier, with GAAP net income of $153.1 million, or $0.83 per diluted share. The company guided third-quarter 2026 revenue to $540 million to $560 million and GAAP diluted EPS to $0.87 to $0.92, and said Scorpio fabric switches are expected to become its largest product family one quarter ahead of prior expectations.

Key points

  • Q2 2026 GAAP net income was $153.1 million, or $0.83 per diluted share, versus $51.2 million, or $0.29, in Q2 2025; results include a $50.3 million income tax benefit.
  • Q2 2026 GAAP gross margin was 73.3% and GAAP operating income was $89.2 million, a 22.7% operating margin.
  • Q2 2026 non-GAAP diluted EPS was $0.80, compared with $0.44 in Q2 2025.
  • Q3 2026 outlook calls for revenue of $540 million to $560 million and GAAP diluted EPS of $0.87 to $0.92 on about 185 million weighted-average diluted shares.

The filing

CompanyAstera Labs (ALAB)
Form8-K, current report
Filed with the SECAug 4, 2026, 4:09 PM ET
Accession number0001736297-26-000033

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 1:30 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 04, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.