Astera Labs Reports Second Quarter 2026 Financial Results

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  "company": {
    "name": "Astera Labs",
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    "url": "https://www.globenewswire.com/news-release/2026/08/04/3338807/0/en/astera-labs-reports-second-quarter-2026-financial-results.html",
    "title": "Astera Labs Reports Second Quarter 2026 Financial Results - GlobeNewswire",
    "excerpt": "SAN JOSE, Calif., Aug. 04, 2026 (GLOBE NEWSWIRE) -- Astera Labs, Inc. (Nasdaq: ALAB), a leader in semiconductor-based connectivity solutions for rack-scale AI infrastructure, today announced preliminary financial results for the second quarter of fiscal year 2026, ended June 30, 2026. “Astera Labs delivered outstanding Q2 2026 results, with record revenue of $392.4 million, up 27% sequentially and 104% year-over-year, driven by broad-based strength across our portfolio, including record quarterly revenue for our Aries product line,” said Jitendra Mohan, Astera Labs’ Chief Executive Officer. “We expect momentum to accelerate in Q3 as Scorpio fabric switches become our largest product family, one quarter ahead of our prior expectations. This milestone will mark our evolution into a complete AI fabric infrastructure provider. New design wins across a broadening set of customers coupled with our expansion into optical interconnects and custom solutions further expand our growth opportunity in 2027 and beyond.” Second Quarter of Fiscal 2026 Financial Highlights GAAP Financial Results: Non-GAAP Financial Results (1) : ____________________ (1) See “Reconciliation of GAAP to Non-GAAP Financial Measures” table included below. Q2 2026 and Recent Business Highlights Third Quarter of Fiscal 2026 Financial Outlook Based on current business trends and conditions, Astera Labs estimates the...",
    "summary": "Astera Labs reported record revenue of $392.4 million for the second quarter of 2026, an increase of 104% year-over-year.",
    "location": "San Jose, CA, USA",
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    "published_at": "2026-08-04T20:05:00Z",
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    "article_sentence": "“Astera Labs delivered outstanding Q2 2026 results, with record revenue of $392.4 million, up 27% sequentially and 104% year-over-year, driven by broad-based strength across our portfolio, including record quarterly revenue for our Aries product line,” said Jitendra Mohan, Astera Labs’ Chief Executive Officer.",
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