Astera Labs (ALAB) Operating Margin (2023 - 2026)
Astera Labs (ALAB) recorded Operating Margin of 30.61% in Q3 2026, up 6.58 percentage points from 24.03% a year earlier and up 7.87 percentage points from the prior quarter.
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Analysis
Astera Labs (ALAB) Operating Margin (2023 - 2026) Analysis & Trends
On a TTM basis, Astera Labs' Operating Margin came in at 25.52% as of Sep 30, 2026, up 10.77 percentage points year-over-year; for FY2025, it came in at 20.34%, up 49.63 percentage points from FY2024.
- Annual Operating Margin has a three-year change of +95.71 percentage points (FY2022 to FY2025).
- Across earlier years, Operating Margin came in at -29.29% in FY2024 (-3.81 pp), -25.47% in FY2023 (+49.89 pp) and -75.36% in FY2022.
- The Q3 2026 figure is the highest quarterly Operating Margin in data going back to Q1 2023.
- On a year-over-year basis, Operating Margin has increased for seven consecutive quarters, with an average year-over-year change of +30.87 percentage points over the last eight quarters.
- Peak year-over-year performance for Operating Margin in the last five years was a gain of 134.21 percentage points in Q1 2025, against a drop of 19.99 percentage points in Q1 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at 22.74% (Q2 2026), 20.05% (Q1 2026) and 24.75% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | SK hynix | 24,980.27 Bn | 24,964.04 Bn | 43.99 Bn | 76.33% |
| 2 | Taiwan Semiconductor Manufacturing | 10,337.48 Bn | 9,919.73 Bn | 31.04 Bn | 58.65% |
| 3 | Nvidia | 3,939.34 Bn | 3,713.50 Bn | 72.14 Bn | 66.24% |
| 4 | Broadcom | 1,653.85 Bn | 1,579.89 Bn | 20.46 Bn | 53.92% |
| 5 | Micron Technology | 880.27 Bn | 785.91 Bn | 47.05 Bn | 80.68% |
| 6 | Advanced Micro Devices | 875.86 Bn | 824.07 Bn | 7.21 Bn | 21.17% |
| 7 | Asml Holding | 576.26 Bn | 531.95 Bn | 5.90 Bn | - |
| 8 | Intel | 316.79 Bn | 179.50 Bn | 7.10 Bn | 15.27% |
| 9 | Applied Materials | 294.03 Bn | 294.03 Bn | 5.25 Bn | - |
| 10 | Astera Labs | 38.77 Bn | 33.76 Bn | 422.75 Mn | 30.61% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 30.61% |
| Jun 30, 2026 | 22.74% |
| Mar 31, 2026 | 20.05% |
| Dec 31, 2025 | 24.75% |
| Sep 30, 2025 | 24.03% |
| Jun 30, 2025 | 20.72% |
| Mar 31, 2025 | 7.08% |
| Dec 31, 2024 | 0.10% |
| Sep 30, 2024 | -7.87% |
| Jun 30, 2024 | -31.68% |
| Mar 31, 2024 | -127.14% |
| Dec 31, 2023 | 17.86% |
| Sep 30, 2023 | -5.35% |
| Jun 30, 2023 | -164.79% |
| Mar 31, 2023 | -107.15% |
API Access
Astera Labs Operating 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=operating-margin&ticker=ALAB&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-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=operating-margin&ticker=ALAB&period=max&api_key=YOUR_API_KEY");
const data = await res.json();