Astera Labs (ALAB) Operating Expenses (2023 - 2026)
Astera Labs' (ALAB) quarterly Operating Expenses came in at $198.3 million in Q2 2026, up 87.47% on a YoY basis from $105.8 million in Q2 2025, and up 14.43% quarter-over-quarter from $173.3 million in Q1 2026.
Analysis
Astera Labs (ALAB) Operating Expenses (2023 - 2026) Analysis & Trends
Astera Labs (ALAB) has reported Operating Expenses for 4 consecutive years, with $198.3 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Operating Expenses rose 87.47% year-over-year to $198.3 million; the trailing twelve-month figure through Jun 2026 stood at $629.6 million (up 51.7% YoY), and the FY2025 full-year result was $471.8 million, up 12.67% from the prior year.
- Operating Expenses improved to $198.3 million in Q2 2026 per ALAB's latest filing, from $173.3 million in the prior quarter.
- Across five years, Operating Expenses topped out at $198.3 million in Q2 2026 and bottomed at $23.2 million in Q1 2023.
- Historically, Operating Expenses has averaged $98.0 million across 4 years, with a median of $105.0 million in 2024.
- The sharpest annual moves came in 2024 and 2025: Operating Expenses soared 475.75% in 2024, then dropped 19.0% in 2025.
- Over 4 years, Operating Expenses stood at $30.0 million in 2023, then jumped by 247.62% to $104.3 million in 2024, then jumped by 31.84% to $137.5 million in 2025, then surged by 44.21% to $198.3 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $198.3 million, $173.3 million, and $137.5 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Nvidia | 5,551.68 Bn | 5,486.45 Bn | 72.14 Bn | 8.41 Bn |
| 2 | Broadcom | 1,702.84 Bn | 1,683.21 Bn | 15.42 Bn | 4.63 Bn |
| 3 | Advanced Micro Devices | 779.39 Bn | 766.28 Bn | 6.20 Bn | 4.21 Bn |
| 4 | Arm Holdings | 267.47 Bn | 263.58 Bn | 1.25 Bn | -1.16 Bn |
| 5 | Marvell Technology | 196.03 Bn | 192.10 Bn | 1.46 Bn | 995.90 Mn |
| 6 | Qualcomm | 178.36 Bn | 170.05 Bn | 5.28 Bn | 8.32 Bn |
| 7 | Monolithic Power Systems | 60.14 Bn | 58.73 Bn | 541.07 Mn | 237.18 Mn |
| 8 | Astera Labs | 53.85 Bn | 52.60 Bn | 287.57 Mn | 198.32 Mn |
| 9 | Credo Technology Group Holding | 32.03 Bn | 31.26 Bn | 309.08 Mn | 188.38 Mn |
| 10 | Sitime | 16.23 Bn | 14.31 Bn | 99.14 Mn | 90.93 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 198.32 Mn |
| 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 |