Astera Labs (ALAB) FCF Margin (2023 - 2026)
Astera Labs' FCF Margin came in at 22.89% for Q3 2026, down 5.68 percentage points from 28.57% a year earlier but up 5.76 percentage points from the prior quarter.
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Analysis
Astera Labs (ALAB) FCF Margin (2023 - 2026) Analysis & Trends
Over the trailing twelve months to Sep 30, 2026, Astera Labs reported FCF Margin of 22.15%, down 9.58 percentage points year-over-year; for FY2025, it was 33.05%, up 7.20 percentage points from FY2024.
- FCF Margin has increased in each of the last three years, with a three-year change of +82.84 percentage points (FY2022 to FY2025).
- Going back by year, FCF Margin was 25.85% in FY2024 (+39.21 pp), -13.37% in FY2023 (+36.43 pp) and -49.79% in FY2022.
- The five-year range for quarterly FCF Margin is -220.22% (Q2 2023) to 69.48% (Q2 2025).
- Year-over-year, FCF Margin increased in four of the last eight quarters, with an average year-over-year change of -2.34 percentage points.
- The fastest year-over-year change in FCF Margin over five years came in Q2 2024 (a gain of 260.74 percentage points), and the weakest in Q2 2026 (a drop of 52.35 percentage points).
- Business Quant data shows ALAB's FCF Margin at 17.13% (Q2 2026), 21.73% (Q1 2026) and 28.30% (Q4 2025) in the three quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | SK hynix | 24,980.27 Bn | 24,964.04 Bn | 43.99 Bn | 95.92% |
| 2 | Taiwan Semiconductor Manufacturing | 10,337.48 Bn | 9,919.73 Bn | 31.04 Bn | 61.55% |
| 3 | Nvidia | 3,939.34 Bn | 3,713.50 Bn | 72.14 Bn | 22.24% |
| 4 | Broadcom | 1,653.85 Bn | 1,579.89 Bn | 20.46 Bn | 51.40% |
| 5 | Micron Technology | 880.27 Bn | 785.91 Bn | 47.05 Bn | 60.60% |
| 6 | Advanced Micro Devices | 875.86 Bn | 824.07 Bn | 7.21 Bn | 4.14% |
| 7 | Asml Holding | 576.26 Bn | 531.95 Bn | 5.90 Bn | - |
| 8 | Intel | 316.79 Bn | 179.50 Bn | 7.10 Bn | 6.41% |
| 9 | Applied Materials | 294.03 Bn | 294.03 Bn | 5.25 Bn | - |
| 10 | Astera Labs | 38.77 Bn | 33.76 Bn | 422.75 Mn | 22.89% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 22.89% |
| Jun 30, 2026 | 17.13% |
| Mar 31, 2026 | 21.73% |
| Dec 31, 2025 | 28.30% |
| Sep 30, 2025 | 28.57% |
| Jun 30, 2025 | 69.48% |
| Mar 31, 2025 | 3.74% |
| Dec 31, 2024 | 17.19% |
| Sep 30, 2024 | 41.39% |
| Jun 30, 2024 | 40.52% |
| Mar 31, 2024 | 0.35% |
| Dec 31, 2023 | 26.50% |
| Sep 30, 2023 | -2.90% |
| Jun 30, 2023 | -220.22% |
| Mar 31, 2023 | -24.11% |
API Access
Astera Labs FCF Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=fcf-margin&ticker=ALAB&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-margin", "ticker": "ALAB", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=fcf-margin&ticker=ALAB&period=max&api_key=YOUR_API_KEY");
const data = await res.json();