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

Astera Labs (ALAB) posted Operating Expenses of $173.3 million for Q1 2026, up 26.03% quarter-over-quarter from $137.5 million in Q4 2025, and up 60.28% year-on-year from $108.1 million in Q1 2025.

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

Astera Labs (ALAB) has reported Operating Expenses for 4 consecutive years, with $173.3 million the latest figure, recorded in Q1 2026.

  • Operating Expenses for Q1 2026 came in at $173.3 million, up 60.28% year-over-year; the trailing twelve-month figure through Mar 2026 was $537.0 million (up 36.51% YoY), and the FY2025 annual result was $471.8 million, up 12.67% from the prior year.
  • Operating Expenses was $173.3 million for Q1 2026 at Astera Labs, up from $137.5 million in the prior quarter.
  • Over five years, Operating Expenses peaked at $173.3 million in Q1 2026 and troughed at $23.2 million in Q1 2023.
  • Average Operating Expenses over 4 years is $90.2 million, with a median of $104.3 million recorded in 2024.
  • Year-over-year, Operating Expenses jumped 475.75% in 2024 and declined 19.0% in 2025.
  • Over 4 years, Operating Expenses 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 advanced by 26.03% to $173.3 million in 2026.
  • Per Business Quant data, the three most recent Operating Expenses figures were $173.3 million in Q1 2026, $137.5 million in Q4 2025, and $120.4 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Nvidia 4,798.43 Bn 4,754.95 Bn 61.16 Bn 7.62 Bn
2 Micron Technology 1,164.41 Bn 1,138.39 Bn 35.06 Bn 1.72 Bn
3 Advanced Micro Devices 882.18 Bn 869.83 Bn 5.42 Bn 3.94 Bn
4 Intel 645.64 Bn 626.45 Bn 5.35 Bn 8.48 Bn
5 Aeluma 370.26 Bn 370.22 Bn 386,000.00 2.13 Mn
6 Arm Holdings 358.73 Bn 355.13 Bn 1.46 Bn -1.02 Bn
7 Texas Instruments 271.25 Bn 266.15 Bn 2.80 Bn 991.00 Mn
8 Marvell Technology 239.95 Bn 236.10 Bn 1.26 Bn 921.40 Mn
9 Qualcomm 193.93 Bn 184.13 Bn 4.16 Bn 8.29 Bn
10 Astera Labs 73.56 Bn 72.37 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