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Astera Labs Inc. (ALAB) earnings date & stock reaction

Astera Labs Inc. · IT

Astera Labs Inc. earnings date & time

Next earningsTue, November 3 around 4:00 PM ET, after the closescheduled

Schedule

Korea time (KST)
Wed, November 4
Reporting pattern
10 of last 10 after close
Typical move
±12.9% · 10-report avg

What the market expects

Consensus EPS

$1.19Coming in above this counts as a beat

Year-ago quarter
$0.49→+142.9%
Guided revenue
$392M→$550M+40.2%
Guided EPS
$0.80→$0.90+12.5%
Full earnings calendarFrom an earnings calendar
Latest reportApr–Jun 2026 results· August 4, 2026 reported
EPS consensus $0.69 → $0.80 ▲ +15.6% beatRev $192M → $392M +104% YoY
Post-earnings price move
Next-day move
-12.0%
After 5 days
-13.7%
Price around earnings
Around this report
Sector peer Monolithic Power Systems Inc. +8.3% next day (7/30)A same-industry peer, Monolithic Power Systems Inc., reported within the 10 days before this one (5d earlier). How the market took it (next-day move +8.3%) is the best read on the sector mood. A beat that still fell means the bar was high, so this stock may face similar pressure.Ran up +21% into earningsIn the 3 trading days before this report, the stock moved more than usual. A pre-earnings run-up can mean expectations were already priced in, a drop can mean bad news was priced in early. Read the post-earnings reaction with that in mind.
Earnings callRecord revenue driven by surging AI infrastructure demand and accelerated growth in Scorpio product lines
“We expect momentum to accelerate in Q3 as Scorpio fabric switches become our largest product family, one quarter ahead of our prior expectations.”
· Jitendra Mohan, CEO
“At the midpoint, this represents 40% sequential growth driven by the transition of Scorpio X-Series to volume production.”
· Desmond Lynch, CFO
Positives
  • ▲Surge in AI Fabric and Signal Conditioning Revenue
    • Revenue for the quarter was $392.4 million, up 104% vs last year.
    • PCIe 6.0 products accounted for over 50% of total revenue, driving overall growth.
  • ▲Strategic Expansion of Scorpio Product Family
    • Scorpio X-Series has entered volume production and is expected to become the largest revenue contributor in Q3.
    • The Scorpio family is positioned as the primary driver for Q3 revenue growth.
  • ▲Improved Profitability and Operating Leverage
    • Non-GAAP operating margin reached 39.1% this quarter, up 290 bps vs last quarter.
    • Q3 non-GAAP operating margin guidance is 43%, reflecting a 400 bps increase vs last quarter.
Concerns
  • ▼Continued Increase in Non-GAAP Operating Expenses
    • Non-GAAP operating expenses were $135.8 million this quarter, up 10% vs last quarter.
    • Q3 non-GAAP operating expense guidance is up to $160 million, signaling further increases.
Based on the Aug 4, 2026 earnings-call transcript. Quotes are verbatim.

Astera Labs Inc. (ALAB) rose the day after earnings in 4 of its last 10 reports (40%), moving ±12.9% on average. It has fallen despite beating the consensus estimate 6 times.

Up next day
4/10
40%
Fell despite growth
5/10
Good earnings ignored
Price when beating
+0.9%
avg over 10 beats
Price when missing
—
never missed
Avg earnings move
±12.9%
typical swing on earnings
Biggest single move
+37.7%
'24.11 · largest reaction
🔑What actually moves this stock?

Even when EPS beat expectations, the stock fell 5 of the last 7 times. The number alone doesn't move it.

What really matters here
AI-server connectivity chip revenue growth
In finance terms: Connectivity revenue
Growth · revenue (YoY by quarter, latest right)
+144%
25-05(Mar qtr)
+150%
25-08(Jun qtr)
+104%
25-11(Sep qtr)
+92%
26-02(Dec qtr)
+93%
26-05(Mar qtr)
+104%
26-08(Jun qtr)
Slowing · Growth slowed from +144% to +104%. It can fall even on a beat if it continues.
What to watch next report

When results drop, skip the EPS number. Check if the growth above holds or accelerates, and whether guidance beats expectations.

How this stock reacts to earnings

Traits seen across its recent earnings reactions

Even strong results barely move the stock
Up the next day 4 of 10 beats (40%)
vs IT sector avg (192 peers)
This
+0.9%
Sector
+1.0%
Avg next-day reaction

Earnings number vs guidance: which drives it?

How often the beat/miss matched the actual price move

This stock reacts more to guidance & expectations than the reported number
Moved opposite to results 6 of last 10 times (60%)
6xBeat but fell
Even a beat sells off if guidance disappoints
0xMissed but rose
Even a miss rebounds if guidance reassures
Fell despite growth5/10

6/10 beats fell next day · watches Connectivity revenue

Next-day reaction
  • Jun 2026 report-12.0%
  • Mar 2026 report-0.8%
  • Dec 2025 report-21.4%
  • Sep 2025 report+1.5%
  • Jun 2025 report+28.7%
  • Mar 2025 report-0.4%

Earnings timeline · bars = next-day move, ▲▼ = beat/miss

Apr–Jun 2026 results
Reported 2026-08-04
Next-day move
-12.0%
After 5 days -13.7%
EPS consensus $0.69 → $0.80 ▲ +15.6% beatRev $192M → $392M +104% YoY
Beat by +15.6% but stock -12.0%
Next-Q guidance+40%· ~$0.6B est.
Price around earnings
Around this report
Sector peer Monolithic Power Systems Inc. +8.3% next day (7/30)A same-industry peer, Monolithic Power Systems Inc., reported within the 10 days before this one (5d earlier). How the market took it (next-day move +8.3%) is the best read on the sector mood. A beat that still fell means the bar was high, so this stock may face similar pressure.Ran up +21% into earningsIn the 3 trading days before this report, the stock moved more than usual. A pre-earnings run-up can mean expectations were already priced in, a drop can mean bad news was priced in early. Read the post-earnings reaction with that in mind.

Earnings trend · last 12 quarters

EPS$0.80YoY +82%
'24.5'26.8
Revenue$0.4BYoY +104%
'24.5'26.8

Earnings history and price reaction

Astera Labs Inc. across its last 10 earnings reports: EPS versus consensus, the move on the earnings day, and the cumulative move five trading days later.
Quarter endedReported (ET)vs market expectation (consensus)Earnings dayAfter 5 days
6/20262026-08-04+15.6%-12.0%-13.7%
3/20262026-05-05+13.5%-0.8%-5.2%
12/20252026-02-10+12.6%-21.4%-29.1%
9/20252025-11-04+25.6%+1.5%-6.6%
6/20252025-08-05+37.5%+28.7%+41.7%
3/20252025-05-06+17.9%-0.4%+23.0%

10 reports, quarters ending 3/2024 to 6/2026. The earnings-day move is the first trading day that reflects the report; the five-day figure is the cumulative move from that point.

Frequently asked questions

When is the next Astera Labs Inc. earnings date?

The next Astera Labs Inc. (ALAB) earnings report is expected Tue, November 3 around 4:00 PM ET, after the close. It comes from an earnings calendar and may not be a company-confirmed date; it updates automatically if it changes.

What is the consensus EPS forecast for Astera Labs Inc.'s next earnings?

Analysts expect EPS of about $1.19 for Astera Labs Inc. (ALAB). Coming in above that counts as a beat, below it a miss — though a beat does not guarantee the stock rises.

Does Astera Labs Inc. (ALAB) stock usually go up after earnings?

Over the last 10 earnings reports, the stock rose on 4 of them (40%). The average move on earnings day was ±12.9%.

Does Astera Labs Inc. react more to the earnings numbers or to guidance?

In 6 of the last 10 reports (60%), the stock moved the opposite way from whether it beat or missed the forecast. A high share means guidance and expectations drive the move more than the reported numbers.

Can Astera Labs Inc. stock fall even when earnings are good?

Yes. In 5 of the last 10 reports, Astera Labs Inc. fell on the earnings day despite growing EPS. Expectations already priced in, or guidance, can matter more than the reported numbers.

Does Astera Labs Inc. stock keep moving after the earnings day?

Over the last 10 reports, the move continued in the same direction for the following five trading days 50% of the time. This tendency is known as post-earnings announcement drift.