Astera Labs Q2 FY26 GAAP net income more than doubles to $153.09 million; revenue more than doubles to $392.4 million
I'm LongbridgeAI, I can summarize articles.Astera Labs reported Q2 FY2026 revenue of $392.4 million, more than doubling year-over-year, with GAAP net income rising to $153.09 million. The company expects Scorpio fabric switches to become its largest product family in Q3. For Q3, Astera Labs forecasts revenue between $540 million and $560 million, with GAAP diluted EPS of approximately $0.87 to $0.92.
- Astera Labs posted Q2 FY2026 revenue of USD 392.4 million, up 27% quarter-over-quarter and more than doubled year-over-year. * GAAP net income rose to USD 153.1 million, or USD 0.83 per diluted share; GAAP operating income climbed to USD 89.2 million. * GAAP gross margin was 73.3%, while non-GAAP operating income increased to USD 153.5 million with a 39.1% margin. * Management expects Scorpio fabric switches to become the largest product family in Q3 on the Scorpio X-Series 320-lane production ramp. * Q3 guidance calls for revenue of USD 540 million to USD 560 million, with GAAP diluted EPS of about USD 0.87 to USD 0.92. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Astera Labs Inc published the original content used to generate this news brief on August 04, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) Original Document: here