earnings
confidence high
sentiment positive
materiality 0.85
Astera Labs Q1 revenue $308.4M, up 93% YoY; Q2 guidance $355-365M
Astera Labs, Inc.
2026-Q1 EPS reported
$0.44
revenue$308,361,000
- Record revenue $308.4M (+14% QoQ, +93% YoY); GAAP net income $80.3M ($0.44 diluted EPS).
- Non-GAAP net income $110.1M ($0.61 EPS); gross margin 76.4%.
- Q2 2026 guidance: revenue $355-365M; GAAP EPS $0.44-0.46; non-GAAP EPS $0.68-0.70.
- Announced Scorpio X-Series 320-lane AI fabric switch now shipping; production ramp H2 2026.
- Expanded Scorpio P-Series PCIe 6 switch family from 32 to 320 lanes; shipments expected H2 2026.