ALAB Q2 FY2026 earnings: EPS beat by 15.8%, revenue beat by 8.7%
Astera Labs reported Q2 FY2026. EPS came in at $0.80 against a $0.69 consensus, beat by 15.8%. Revenue was $392.4M versus $360.9M expected, beat by 8.7%. Gross margin was 73.3%, down 300 bps from last quarter.
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The quarter in numbers
| Metric | Actual | Consensus | Surprise |
|---|---|---|---|
| EPS | $0.80 | $0.69 | beat by 15.8% |
| Revenue | $392.4M | $360.9M | beat by 8.7% |
| Line | This quarter | QoQ | YoY |
|---|---|---|---|
| Revenue | $392.4M | +27.3% | +104.5% |
| Gross profit | $287.6M | +22.3% | +97.6% |
| Operating income | $89.2M | +44.3% | +124.4% |
| Net income | $153.1M | +90.6% | +198.9% |
| Diluted EPS | $0.84 | +90.9% | +189.7% |
| Gross margin: 73.3%. |
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The trend
Revenue is up 104.5% from the same quarter last year. Gross margin sits at 73.3%, 440 bps off its 8-quarter high.
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How it stacks up
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