News/Earnings/Aug 4, 2026

Astera Labs reports record Q2 2026 revenue of $392.4 million, up 104%, and guides Q3 to $540M-$560M

Second-quarter 2026 revenue was a record $392.4 million, up 27% from the first quarter and 104% from a year earlier. GAAP net income was $153.1 million, or $0.83 per diluted share, with a GAAP gross margin of 73.3%. For the third quarter the company guided revenue to $540 million to $560 million, gross margin of about 72%, and non-GAAP diluted EPS of $1.16 to $1.21, with the step-up driven mainly by the Scorpio X-Series production ramp.

  • Q2 2026 revenue $392.4 million, up 27% sequentially and 104% year over year
  • GAAP net income $153.1 million; GAAP diluted EPS $0.83; non-GAAP $0.80
  • Gross margin 73.3% GAAP, 73.7% non-GAAP
  • Q3 2026 guidance: revenue $540M-$560M; GAAP EPS $0.87-$0.92; non-GAAP EPS $1.16-$1.21
  • No buyback or dividend announced with the results
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301.45337.87374.28Astera Labs reports record Q2 2026 revenue of $392.4 million, up 104%, and guides Q3 to $540M-$560M1Jul 31Aug 2Aug 4Aug 6Aug 8
Source
SEC Form 8-K Exhibit 99.1
Aug 4, 2026
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SEC filing 8-K · accession 0001736297-26-000033 · sec.gov ↗