Financial Snapshot

Revenue
$255.2M
TTM
Gross Margin
77.67%
TTM
Net Earnings
-$108.1M
TTM
Current Assets
Q4 2024
Current Liabilities
Q4 2024
Current Ratio
1170.51%
Q4 2024
Total Assets
Q4 2024
Total Liabilities
Q4 2024
Book Value
$964.8M
Q4 2024
Cash
Q4 2024
P/E
-169.1
Nov 29, 2024 EST
Free Cash Flow
$78.18M
TTM

Revenues

Revenues

Revenue YoY Change

Revenues

Concept 2024 2023 2022
Revenue $396.3M $115.8M $79.87M
YoY Change 242.24% 44.97%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept 2024 2023 2022
Revenue $396.3M $115.8M $79.87M
Cost Of Revenue $93.59M $35.97M $21.19M
Gross Profit $302.7M $79.83M $58.68M
Gross Profit Margin 76.38% 68.94% 73.47%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept 2024 2023 2022
Selling, General & Admin $217.9M $35.92M $45.16M
YoY Change 506.77% -20.47%
% of Gross Profit 72.0% 44.99% 76.97%
Research & Development $200.8M $73.41M $73.71M
YoY Change 173.58% -0.41%
% of Gross Profit 66.35% 91.96% 125.61%
Depreciation & Amortization $3.200M $1.781M $807.0K
YoY Change 79.67% 120.69%
% of Gross Profit 1.06% 2.23% 1.38%
Operating Expenses $418.8M $109.3M $118.9M
YoY Change 283.05% -8.03%
Operating Profit -$116.1M -$29.50M -$60.19M
YoY Change 293.48% -51.0%

Interest Expenses

Interest Expenses To Operating Income %

No data

Other Expense/Income

No data

Interest & Other Expense/Income

Concept 2024 2023 2022
Interest Expense $6.549M $2.613M
YoY Change 150.63%
% of Operating Profit
Other Income/Expense, Net
YoY Change

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

No data

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept 2024 2023 2022
Pretax Income -$81.78M -$22.95M -$57.58M
YoY Change 256.36% -60.15%
Income Tax $1.643M $3.309M $764.0K
% Of Pretax Income
Net Earnings -$83.42M -$26.26M -$58.35M
YoY Change 217.71% -55.0%
Net Earnings / Revenue -21.05% -22.68% -73.05%
Basic Earnings Per Share -$0.64 -$0.71 -$1.71
Diluted Earnings Per Share -$0.64 -$0.17 -$0.38

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

No data

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

No data

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

No data

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

No data

Assets & Liabilities

Concept 2024 2023 2022
Cash & Short-Term Investments $149.3M $163.1M
YoY Change -8.48%
Cash & Equivalents $45.10M $76.09M
Short-Term Investments $104.2M $87.06M
Other Short-Term Assets $4.064M $3.266M
YoY Change 24.43%
Inventory $24.10M $28.87M
Prepaid Expenses
Receivables $8.335M $10.72M
Other Receivables $0.00 $0.00
Total Short-Term Assets $185.8M $206.0M
YoY Change -9.8%
Property, Plant & Equipment $7.581M $5.289M
YoY Change 43.34%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $2.904M $437.0K
YoY Change 564.53%
Total Long-Term Assets $10.49M $5.726M
YoY Change 83.11%
Total Assets $196.3M $211.7M
YoY Change
Accounts Payable $6.337M $10.30M
YoY Change -38.45%
Accrued Expenses $28.03M $28.11M
YoY Change -0.29%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $35.08M $40.09M
YoY Change -12.5%
Long-Term Debt $0.00 $0.00
YoY Change
Other Long-Term Liabilities $3.787M $1.806M
YoY Change 109.69%
Total Long-Term Liabilities $3.787M $1.806M
YoY Change 109.69%
Total Liabilities $38.87M $41.90M
YoY Change -7.23%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

No data

Treasury Stock Shares

No data

Stock Issuance & Repurchase

Ownership Data

Concept 2024 2023 2022
Basic Shares Outstanding 131.3M shares 37.13M shares 34.17M shares
Diluted Shares Outstanding 131.3M shares 37.13M shares 34.17M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Dividends

No data

Stock Price

Market Cap: $18.283 Billion

About Astera Labs, Inc.

Astera Labs is a fabless semiconductor company headquartered in the heart of California’s Silicon Valley and is a leader in purpose-built connectivity solutions for data-centric systems. The company is headquartered in Santa Clara, California and currently employs 267 full-time employees. The company went IPO on 2024-03-20. The firm has developed and deployed its Intelligent Connectivity Platform built from the ground up for cloud and AI infrastructure. Its Intelligent Connectivity Platform comprises semiconductor-based, high-speed, mixed-signal connectivity products that integrate a matrix of microcontrollers and sensors, and COSMOS, its software suite, which is embedded in its connectivity products and integrated into its customers’ systems. Its patented software-defined Intelligent Connectivity Platform delivers critical connectivity performance, enables flexibility and customization, and supports observability and predictive analytics. Its products include Aries PCIe/CXL Smart DSP Retimers, Taurus Ethernet Smart Cable Modules and Leo CXL Memory Connectivity Controllers. The company also provides its connectivity products in various form factors, including ICs, boards, and modules.

Industry: Semiconductors & Related Devices Peers: NVIDIA CORP ALLEGRO MICROSYSTEMS, INC. SKYWORKS SOLUTIONS, INC. CIRRUS LOGIC, INC. LATTICE SEMICONDUCTOR CORP MACOM Technology Solutions Holdings, Inc. RAMBUS INC Qorvo, Inc. UNIVERSAL DISPLAY CORP \PA\