Astera Labs, whose PCIe and CXL connectivity chips link AI accelerators inside hyperscaler racks, posted record second-quarter 2026 revenue of $392.4 million, up 104% year-over-year, at a GAAP gross margin of 73.3% GAAP gross margin for Astera Labs on record $392.4 million quarterly revenue
Astera Labs, Inc. reported its preliminary financial results for the second quarter of fiscal year 2026, which ended on June 30, 2026. The company announced a record quarterly revenue of $392.4 million, representing a 104% increase compared to the same quarter in the previous year. This revenue was achieved with a GAAP gross margin of 73.3%.
Verified 2026-09-12
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Gross margin is the share of sales left after making the product; a high one signals strong pricing power.
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