Astera Labs (ALAB) FCF Margin (2023 - 2026)
Astera Labs' FCF Margin came in at 17.13% for Q2 2026, down 52.35 percentage points from 69.48% a year earlier and down 4.60 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 Jun 30, 2026, Astera Labs reported FCF Margin of 23.02%, down 11.72 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 Q2 2026 figure represents the lowest quarterly FCF Margin since Q1 2025.
- Year-over-year, FCF Margin increased in five of the last eight quarters, with an average year-over-year change of +3.91 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 21.73% (Q1 2026), 28.30% (Q4 2025) and 28.57% (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Nvidia | 5,638.19 Bn | 5,412.36 Bn | 72.14 Bn | 22.24% |
| 2 | Taiwan Semiconductor Manufacturing | 2,452.80 Bn | 2,078.51 Bn | 27.22 Bn | - |
| 3 | Broadcom | 1,695.44 Bn | 1,621.48 Bn | 20.46 Bn | 46.18% |
| 4 | Micron Technology | 1,213.55 Bn | 1,152.31 Bn | 35.06 Bn | 42.36% |
| 5 | Advanced Micro Devices | 1,034.54 Bn | 991.29 Bn | 6.20 Bn | 13.51% |
| 6 | Asml Holding | 719.69 Bn | 675.53 Bn | 5.90 Bn | - |
| 7 | Intel | 601.78 Bn | 486.52 Bn | 6.51 Bn | 27.59% |
| 8 | Lam Research | 434.81 Bn | 411.60 Bn | 3.48 Bn | 18.87% |
| 9 | Applied Materials | 428.57 Bn | 394.02 Bn | 4.59 Bn | 25.56% |
| 10 | Astera Labs | 60.78 Bn | 56.02 Bn | 287.57 Mn | 17.13% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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();