Astera Labs (ALAB) Operating Expenses (2023 - 2026)

Astera Labs' (ALAB) quarterly Operating Expenses came in at $173.3 million in Q1 2026, up 60.28% YoY from $108.1 million in Q1 2025, and up 26.03% on a QoQ basis from $137.5 million in Q4 2025.

Astera Labs (ALAB) Operating Expenses (2023 - 2026) Analysis & Trends

Astera Labs (ALAB) has 4 years of Operating Expenses data on file, last reported at $173.3 million in Q1 2026.

  • Quarterly Operating Expenses rose 60.28% year-over-year to $173.3 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $537.0 million (up 36.51% YoY) and the FY2025 annual result came in at $471.8 million, up 12.67% from the prior year.
  • Operating Expenses climbed to $173.3 million in Q1 2026, from $137.5 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $173.3 million in Q1 2026 to a low of $23.2 million in Q1 2023.
  • A 4-year average of $90.2 million and a median of $104.3 million in 2024 frame the typical range for Operating Expenses.
  • Annual changes were most pronounced in 2024 — Operating Expenses surged 475.75% — and 2025, when it slipped 19.0%.
  • Tracing ALAB's Operating Expenses over 4 years: stood at $30.0 million in 2023, then surged by 247.62% to $104.3 million in 2024, then surged by 31.84% to $137.5 million in 2025, then increased by 26.03% to $173.3 million in 2026.
  • The last three Operating Expenses figures came in at $173.3 million (Q1 2026), $137.5 million (Q4 2025), and $120.4 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Nvidia 5,000.69 Bn 4,957.21 Bn 61.16 Bn 7.62 Bn
2 Taiwan Semiconductor Manufacturing 2,106.48 Bn 2,009.53 Bn 23.77 Bn 2.97 Bn
3 Broadcom 1,866.23 Bn 1,846.60 Bn 15.42 Bn 4.63 Bn
4 Micron Technology 1,057.61 Bn 1,031.59 Bn 35.06 Bn 1.72 Bn
5 Advanced Micro Devices 822.43 Bn 810.09 Bn 5.42 Bn 3.94 Bn
6 Intel 458.91 Bn 444.79 Bn 6.51 Bn 4.71 Bn
7 Aeluma 301.08 Bn 301.05 Bn 386,000.00 2.13 Mn
8 Arm Holdings 255.32 Bn 251.43 Bn 1.25 Bn -1.16 Bn
9 Texas Instruments 245.36 Bn 238.36 Bn 3.35 Bn 1.04 Bn
10 Astera Labs 54.99 Bn 53.80 Bn 235.14 Mn 173.31 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 173.31 Mn
Dec 31, 2025 137.52 Mn
Sep 30, 2025 120.41 Mn
Jun 30, 2025 105.79 Mn
Mar 31, 2025 108.13 Mn
Dec 31, 2024 104.30 Mn
Sep 30, 2024 96.77 Mn
Jun 30, 2024 84.20 Mn
Mar 31, 2024 133.49 Mn
Dec 31, 2023 30.01 Mn
Sep 30, 2023 30.08 Mn
Jun 30, 2023 26.05 Mn
Mar 31, 2023 23.19 Mn