When will Astera Labs (ALAB) report third-quarter results?

Sonal Goyal

28 October 2026 05:00 PM AEDT

When will Astera Labs (ALAB) report third-quarter results?

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Key Highlights

Astera Labs will release third-quarter 2026 results after the US market close on Tuesday 3 November 2026, with a call at 4:30 p.m. Eastern Time.
Second-quarter Revenue was $392.4 million, up 104 per cent from $191.9 million a year earlier, the highest quarterly revenue to date.
Third-quarter revenue is guided to $540 million to $560 million, with non-GAAP Diluted Earnings per Share of $1.16 to $1.21.

A dated reporting event

Astera Labs (NASDAQ:ALAB), which designs connectivity semiconductors for AI infrastructure, announced on 6 October 2026 that it will release third-quarter 2026 results after the US market close on Tuesday 3 November 2026, with a conference call at 4:30 p.m. Eastern Time. Until then, the latest figures are those for the second quarter, reported on 4 August 2026.

Second-quarter results

Revenue for the quarter ended 30 June 2026 was $392.4 million, the highest quarterly revenue to date, up 27 per cent from $308.4 million in the first quarter and up 104 per cent from $191.9 million a year earlier.

GAAP gross Margin was 73.3 per cent and non-GAAP gross margin 73.7 per cent. GAAP Operating Income was $89.2 million, a margin of 22.7 per cent, while non-GAAP operating income was $153.5 million, a margin of 39.1 per cent.

GAAP Net Income was $153.1 million, or $0.83 per diluted share, and non-GAAP net income was $145.8 million, or $0.80 per diluted share. GAAP net income exceeded GAAP operating income, and the release extract does not itemise the difference.

Balance sheet

At 30 June 2026 the company held $111.5 million in cash and cash equivalents and $1,141.5 million in marketable securities, a combined $1,253.0 million. Operating Cash Flow was $162.3 million for the six months ended 30 June 2026; the release does not separate the second quarter.

Guidance and product direction

For the third quarter, Astera guided to revenue of $540 million to $560 million, GAAP and non-GAAP gross margins of about 72 per cent, and non-GAAP operating expenses of $156 million to $160 million. It expects GAAP diluted earnings per share of $0.87 to $0.92 and non-GAAP diluted earnings per share of $1.16 to $1.21, based on roughly 185 million diluted shares. GAAP operating expenses are guided at $232 million to $236 million, well above the non-GAAP range, which indicates substantial adjusting items.

The revenue midpoint of $550 million is about 40 per cent above the second-quarter figure. This is a forecast, not a result, and the outcome announced on 3 November may differ.

Chief executive Jitendra Mohan said momentum was expected to accelerate in the third quarter as Scorpio fabric switches become the company's largest product family, a quarter earlier than previously planned. He described the milestone as marking the company's evolution into a complete AI fabric infrastructure provider. These are management expectations.

Recent announcements and what to watch

On 8 October 2026 the company announced Aries 7, a PCIe 7 signal conditioning portfolio, and on 12 October it unveiled Orion, described as a compute-agnostic rack-scale architecture for AI factories.

On 3 November, points to check include whether revenue lands within the guided $540 million to $560 million range, whether gross margin settles near 72 per cent as guided, and how the company describes Scorpio switch progress, given its earlier stated timetable.

FAQs

Q: When will Astera Labs report third-quarter 2026 results?

A: Astera Labs will release results after the US market close on Tuesday 3 November 2026, with a conference call at 4:30 p.m. Eastern Time.

Q: What were Astera Labs' second-quarter 2026 results?

A: Revenue was $392.4 million, up 104 per cent from a year earlier. GAAP net income was $153.1 million, or $0.83 per diluted share, and non-GAAP net income was $145.8 million, or $0.80 per diluted share.

Q: What is the company's third-quarter guidance?

A: Astera guided to revenue of $540 million to $560 million, gross margins of about 72 per cent, and non-GAAP diluted earnings per share of $1.16 to $1.21.

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