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| Date | Value |
|---|---|
| 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 |