Astera Labs Q2 revenue $392.4M, up 104% YoY; Scorpio ramp to drive Q3 inflection

Astera Labs, Inc.

Record quarterly revenue of $392.4M, up 27% QoQ and 104% YoY.
GAAP net income $153.1M ($0.83 diluted EPS); non-GAAP net income $145.8M ($0.80 diluted EPS).
GAAP gross margin 73.3%; non-GAAP gross margin 73.7%.
GAAP operating income $89.2M (22.7% margin); non-GAAP operating income $153.5M (39.1% margin).
Scorpio X-Series fabric switch production ramp expected to make it largest product family in Q3, ahead of prior expectations.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.