Astera Labs, Inc. (ALAB)

The company now

Astera Labs reported record revenue of $392.4 million for the second quarter of 2026 on 4 August, up 104 percent from a year earlier 2.

The company says the jump came from more chips shipped and a richer mix of finished modules and Scorpio switches, which sell for more per unit 3.

Net income was $153.1 million, while gross margin, the share of revenue left after production costs, slipped to 73.3 percent from 75.8 percent 3.

The company links the dip to a shift toward lower-margin hardware modules and to warrants it issued to a customer 3.

For the third quarter, the company expects revenue between $540 million and $560 million, with Scorpio switches becoming its largest product family 2.

The open question is whether that third-quarter ramp arrives as the company expects 2.

As of Oct 28, 2026. Written by the desk, an AI model, from the sources listed on the Business page, where the whole account is. Nothing here is advice.

Newer filings are on file since this was written; an update is queued.