Astera Labs Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Revenue	852.53	396.29	115.79	79.87
Revenue Growth (YoY)	115.13%	242.24%	44.97%	-
Cost of Revenue	207.26	93.59	35.97	21.19
Gross Profit	645.26	302.7	79.83	58.68
Selling, General & Admin	167.84	217.94	35.92	45.16
Research & Development	304	200.83	73.41	73.71
Operating Expenses	471.84	418.77	109.32	118.88
Operating Income	173.42	-116.07	-29.5	-60.19
Interest & Investment Income	44.73	34.29	6.55	2.61
Pretax Income	218.15	-81.78	-22.95	-57.58
Income Tax Expense	-0.98	1.64	3.31	0.76
Net Income	219.13	-83.42	-26.26	-58.35
Net Income to Common	219.13	-83.42	-26.26	-58.35
Shares Outstanding (Basic)	166	131	37	34
Shares Outstanding (Diluted)	180	131	37	34
Shares Change (YoY)	36.79%	253.51%	8.66%	-
EPS (Basic)	1.32	-0.64	-0.71	-1.71
EPS (Diluted)	1.22	-0.64	-0.71	-1.71
Free Cash Flow	281.76	102.43	-15.48	-39.77
Free Cash Flow Per Share	1.57	0.78	-0.42	-1.16
Gross Margin	75.69%	76.38%	68.94%	73.47%
Operating Margin	20.34%	-29.29%	-25.47%	-75.36%
Profit Margin	25.70%	-21.05%	-22.68%	-73.05%
Free Cash Flow Margin	33.05%	25.85%	-13.37%	-49.79%
EBITDA	180.25	-112.91	-27.72	-59.39
EBITDA Margin	21.14%	-28.49%	-23.94%	-74.35%
D&A For EBITDA	6.83	3.15	1.78	0.81
EBIT	173.42	-116.07	-29.5	-60.19
EBIT Margin	20.34%	-29.29%	-25.47%	-75.36%

Source: S&P Capital IQ. Standard template. Financial Sources.