$ALAB (+0,79%) very good numbers but unfortunately all AI stocks dropped after $AMD (+1,74%) earnings, but it's okay with these numbers it will recover eventually
Second Quarter of Fiscal 2026 Financial Highlights
GAAP Financial Results:
- Revenue of $392.4 million, up 27% sequentially and up 104% year-over-year
- GAAP gross margin of 73.3%
- GAAP operating income of $89.2 million
- GAAP operating margin of 22.7%
- GAAP net income of $153.1 million
- GAAP diluted net income per share of $0.83
Non-GAAP Financial Results (1):
- Non-GAAP gross margin of 73.7%
- Non-GAAP operating income of $153.5 million
- Non-GAAP operating margin of 39.1%
- Non-GAAP net income of $145.8 million
- Non-GAAP diluted net income per share of $0.80
Third Quarter of Fiscal 2026 Financial Outlook
Based on current business trends and conditions, Astera Labs estimates the following:
GAAP Financial Outlook:
- Revenue within a range of $540 million to $560 million
- GAAP gross margin of approximately 72%
- GAAP operating expenses within a range of approximately $232 million to $236 million
- GAAP tax rate of approximately 4%
- GAAP diluted net income per share of approximately $0.87 to $0.92 on weighted-average diluted shares outstanding of approximately 185 million
Non-GAAP Financial Outlook(2):
- Non-GAAP gross margin of approximately 72%
- Non-GAAP operating expenses within a range of approximately $156 million to $160 million
- Non-GAAP tax rate of approximately 12%
- Non-GAAP diluted net income per share of approximately $1.16 to $1.21 on weighted-average diluted shares outstanding of approximately 185 million
