# Astera Labs, Inc. (ALAB) · Edgar & Edgarette company card

> Astera Labs (ALAB) grew revenue 115% in FY2025 to $853 million, operating margin 20.3% against a 2.4% median for semiconductors & related devices, equity 89.0% of assets. Every figure is from the company’s own annual report filed with the SEC.

SEC CIK 1736297 · fiscal year ended 2025-12-31 · 4 audited years read · [page](https://www.pops4.com/boards/company/ALAB) · [JSON](https://www.pops4.com/boards/company/ALAB.json)

## Figures, as filed in the 10-K

| Measure | Value |
|---|---|
| Revenue | $853M |
| Revenue growth, 1 year | 115.1% |
| Revenue growth per year | 120.1% |
| Operating margin | 20.3% (prior year -29.3%) |
| Net margin | 25.7% |
| Operating cash flow | $319M |
| Capital spending | $38M |
| Free cash flow | $282M |
| Cash | $168M |
| Long-term debt | — |
| Total assets | $1.5B |
| Total equity | $1.4B |
| Equity ÷ assets | 89.0% |
| Return on equity | 16.1% |
| Dividend per share | — |
| Dividend years rising | — |

## Readings, computed from those figures

- Altman Z: 14.56 (safe zone)
- Piotroski F: 6 of 9 (solid)
- Beneish M: 1.63 (above the −1.78 line)
- Health Harbor boat: Sound ship · one warning sign · revenue is hard to predict: its 80% range is ±43%
- Cash Compass: Cash cow later · growing fast, and already turning revenue into cash

## Edgarette's reading

Exposure: revenue $852.5M (FY2025). Experience: revenue up 115.1% on the year, up 120.1% a year over 3 years; operating margin 20.3%, up from -29.3%. Soundness: equity 89.0% of assets, return on equity 16.1%. Credibility: four or more audited years, reasonable weight. Range: 80% of past cases like this landed between $1.2B and $2.9B next year (method v4.1: its own 3-year record of growth weighed at 40% against $100M–1B filers; across 2019–2025, 69.0% landed inside, 83.4% on the one year the method never saw). In a shock year the stress range is $909.8M to $3.7B. A statistical range, not company guidance. Against peers (63 filers, $50M+ revenue, semiconductors & related devices): operating margin 20.3% against a 2.4% median; growth 115.1% against 15.5%.

Range logged 2026-11-01, receipt f8c7c13f078485a4, status open. A statistical range, not company guidance.

## Health Watch, last 12 months

- Item 5.02 Director or officer change: 3, latest 2026-11-04 ([filing](https://www.sec.gov/Archives/edgar/data/1736297/000162828026070258/0001628280-26-070258-index.htm))

## Recent filings

- 8-K · filed 2026-11-04 · 5.02 Departure or Election of Directors; Appointment of Officers · [filing](https://www.sec.gov/Archives/edgar/data/1736297/000162828026070258/0001628280-26-070258-index.htm)
- 10-Q · filed 2026-11-04 · [filing](https://www.sec.gov/Archives/edgar/data/1736297/000173629726000045/0001736297-26-000045-index.htm)
- 8-K · filed 2026-11-03 · 2.02 Results of Operations and Financial Condition; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1736297/000173629726000044/0001736297-26-000044-index.htm)
- 10-Q · filed 2026-08-05 · [filing](https://www.sec.gov/Archives/edgar/data/1736297/000173629726000035/0001736297-26-000035-index.htm)
- 8-K · filed 2026-08-04 · 2.02 Results of Operations and Financial Condition; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1736297/000173629726000033/0001736297-26-000033-index.htm)
- 8-K · filed 2026-06-08 · 5.07 Submission of Matters to a Vote of Security Holders · [filing](https://www.sec.gov/Archives/edgar/data/1736297/000173629726000027/0001736297-26-000027-index.htm)

## Sources

- facts: https://data.sec.gov/api/xbrl/companyfacts/CIK0001736297.json
- filings: https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1736297

## Cite

POPS4, Edgar & Edgarette: Astera Labs, Inc. (ALAB) company card, from the company's own SEC filings, accessed 2026-11-05, https://www.pops4.com/boards/company/ALAB. CC BY 4.0. For a figure, add the filing URL under filings or sources.

DOI https://doi.org/10.5281/zenodo.23672509 · catalog https://www.pops4.com/boards/catalog.json · Figures as filed with the SEC. Card text CC BY 4.0, POPS4.

Reporting, not investment advice. No price targets and no trading recommendations.

Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price.