Astera Labs Inc. (NASDAQ:ALAB) posted its second-quarter results after Tuesday’s closing bell, beating analyst estimates on the top and bottom lines. Here’s a look at the details inside the report.
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Astera Labs Q2 Details
Astera Labs reported quarterly adjusted earnings of 80 cents per share, which beat the Street’s 69 cent estimate, according to Benzinga Pro data.
Quarterly revenue came in at $392.4 million, which beat the consensus estimate of $360.72 million.
Non-GAAP gross margin was 73.7%, and non-GAAP operating margin was 39.1% for the quarter.
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“Astera Labs delivered outstanding Q2 2026 results, with record revenue of $392.4 million, up 27% sequentially and 104% year-over-year, driven by broad-based strength across our portfolio, including record quarterly revenue for our Aries product line,” said Jitendra Mohan, Astera Labs’ CEO.
ALAB Stock Price Activity: According to data from Benzinga Pro, Astera Labs stock was up 5.07% to $380.01 in Tuesday’s extended trading.
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