โ
๐ ๐๐๐ฌ๐ฎ๐ฅ๐ญ๐ฌ
โข Revenue: $584.9M (+154% YoY; +49% QoQ)
โข GAAP EPS: $0.99 vs. $0.50 YoY
โข Adjusted EPS: $1.32
โข GAAP Net Income: $182.9M vs. $91.1M YoY
โข Adjusted Net Income: $243.4M
โข GAAP Operating Income: $179.1M
โข Adjusted Operating Income: $261.6M
โข GAAP Operating Margin: 30.6%
โข Adjusted Operating Margin: 44.7%
โข GAAP Gross Margin: 72.3%
โข Adjusted Gross Margin: 72.4%
โ
๐ฏ ๐๐ฎ๐ข๐๐๐ง๐๐ (๐๐ ๐๐๐๐)
โข Revenue: $730Mโ$750M (+25% to +28% QoQ)
โข GAAP EPS: $1.13โ$1.17
โข Adjusted EPS: $1.62โ$1.66
โข GAAP & Adjusted Gross Margin: ~72%
โข GAAP Operating Expenses: $273Mโ$279M
โข Adjusted Operating Expenses: $194Mโ$200M
โ
๐ ๐๐๐ฒ ๐๐๐ค๐๐๐ฐ๐๐ฒ๐ฌ
โข Scorpio X-Series 320-lane fabric switches reached high-volume production, making Scorpio the largest product family by revenue
โข Q3 revenue grew at the fastest pace since the company's IPO
โข Introduced Aries 7 PCIe 7 signal conditioning portfolio spanning copper and optical connectivity, with initial sampling expected in Q4
โข Unveiled Orion rack-scale AI architecture supporting 8โ160 accelerators per pod, with availability through partners targeted for Q1 2027
โข Expanded Leo memory controllers for GPU-attached, CPU-attached and pooled memory architectures
โข Internal testing showed Leo X-Series delivering up to 62% faster time-to-first-token and 22% higher token throughput
โข New design wins across multiple customers support increasing connectivity content per AI accelerator
โข Expanded COSMOS orchestration software for rack-scale management, telemetry and diagnostics
โข YTD Operating Cash Flow: $341.5M vs. $224.0M YoY
โ
๐ฌ ๐๐๐ง๐๐ ๐๐ฆ๐๐ง๐ญ ๐๐จ๐ฆ๐ฆ๐๐ง๐ญ๐๐ซ๐ฒ
โAstera Labs delivered outstanding Q3 2026 results, with record quarterly revenue of $584.9 million, up 49% sequentially and up 154% year-over-year, with broad-based growth led by Scorpio, which ramped to high-volume production and became our largest product family by revenue.โ โ CEO Jitendra Mohan