Astera Labs, Inc. Q2 FY2026 Earnings Call

Astera Labs, Inc. (ALAB)

Earnings Call FY2026 Q2 Call date: 2026-08-04 Concluded

Quarter scorecard

Revenue

$392.40M

+104.5% YoY

Diluted EPS

$0.83

+186.2% YoY

Gross margin

73.3%

-2.5 pp YoY

Net income

$153.09M

+198.9% YoY

Revenue Above

Diluted EPS Above

Reported actuals vs. the guidance issued for this quarter at earlier calls.

China $152.70M

+158.6%

Singapore $113.73M

+71.2%

Taiwan $105.77M

+86.7%

Non Us $14.67M

+94.1%

United States $5.53M

+149.4%

from the 8-K filed Aug 4, 2026

Metric	Period	Guided	Basis
Revenue Initiated Third Quarter of Fiscal 2026	Third Quarter of Fiscal 2026	$540M – $560M	GAAP
GAAP gross margin Initiated Third Quarter of Fiscal 2026	Third Quarter of Fiscal 2026	72%	GAAP
GAAP operating expenses Initiated Third Quarter of Fiscal 2026	Third Quarter of Fiscal 2026	$232M – $236M	GAAP
Non-GAAP gross margin Initiated Third Quarter of Fiscal 2026	Third Quarter of Fiscal 2026	72%	Non-GAAP
GAAP tax rate Initiated Third Quarter of Fiscal 2026	Third Quarter of Fiscal 2026	4%	GAAP
GAAP diluted net income per share Initiated Third Quarter of Fiscal 2026	Third Quarter of Fiscal 2026	$0.87 – $0.92	GAAP
Non-GAAP operating expenses Initiated Third Quarter of Fiscal 2026	Third Quarter of Fiscal 2026	$156M – $160M	Non-GAAP
Non-GAAP tax rate Initiated Third Quarter of Fiscal 2026	Third Quarter of Fiscal 2026	12%	Non-GAAP
Non-GAAP diluted net income per share Initiated Third Quarter of Fiscal 2026	Third Quarter of Fiscal 2026	$1.16 – $1.21	Non-GAAP