Astera Labs, Inc. (ALAB)财务
NASDAQ · Technology · Semiconductors · 员工756人 · CEO Jitendra Mohan
- 股价
- $258.70 -10.93%
- 市值
- $449亿
- 企业价值
- $448亿
- 最近财报
- Q2 '26 2026-08-05提交
- 下次财报
- 2026-11-03 EPS预期 $1.19
营收(TTM)$12亿+98.5% 对比去年同期最近4个季度;柱状图=各季度
营业利润率(TTM)22.8%+15.8 百分点 对比去年同期营业利润 $2.73亿
净利润(TTM)$3.69亿+268.9% 对比去年同期税后,含营业外收益
自由现金流(TTM)$2.77亿+31.5% 对比去年同期资本支出 $5900万
稀释EPS(TTM)$2.03+261.5% 对比去年同期最近4个季度之和
净现金$12.5亿+21.3% 对比去年同期现金 + 短期投资 - 债务
估值与关键数据
- 市值
- $449亿 EV $448亿
- 营收
- $12亿 过去12个月
- 营收增速
- +124% FY2026年一致预期
- 净利润率
- 30.7% 净利润 / 营收,TTM
- P/E
- 119.2× 预期 64.8×(FY2026)
- P/S
- 37.3× 股价 / 营收,TTM
- EV / EBITDA
- 134.1× TTM
- 自由现金流
- $2.77亿 过去12个月
- 净利润
- $3.69亿 过去12个月
- 营收预期
- $19.1亿 FY2026年一致预期
- 盈利
- 2026-11-03 营收预期 $5.51亿
- 股息
- – 无股息
核心要点
根据披露数据计算,每条结论都附有其依据的数字。
- 最近财报(2026-08-04):营收超预期8.7%,EPS 超预期15.8%营收$3.92亿,预期$3.61亿(+8.7%);EPS $0.80,预期$0.69(+15.8%)。
- 营收增长放缓:同比104.5%Q2 '26营收$3.92亿,此前四个季度的平均值为109.7%。
- 营业利润率22.8%(TTM),较去年同期+15.8 百分点营收增长98.5%,营业利润增长546.3%。
- 税前利润的15.1%来自营业外收益税前利润$3.22亿,营业利润$2.73亿(TTM)。股权投资收益等一次性项目推高了净利润和EPS,营业利润更能反映业务本身。
- 资本支出占营收的4.9%(去年为6.4%)最近4个季度投入$5900万(同比+52.5%)。自由现金流$2.77亿,相当于净利润的74.9%。
- 稀释股数一年内增加2.3%Q2 '26稀释股数1.82亿,一年前为1.78亿。
- 净现金 $12.5亿现金 + 短期投资 $12.5亿,含租赁债务 $0;一年前净现金 $10.3亿。
上一季度:Q2 '26
截至2026-06-30的季度。与去年同期及财报发布前的分析师一致预期对比。
本季度与去年同期
| Q2 '26 | 去年同期 | 变化 | |
|---|---|---|---|
| 营收 | $3.92亿 | $1.92亿 | +104.5% |
| 毛利率 | 73.3% | 75.8% | -2.6 百分点 |
| 营业利润 | $8920万 | $3980万 | +124.4% |
| 营业利润率 | 22.7% | 20.7% | +2.0 百分点 |
| 净利润 | $1.53亿 | $5120万 | +198.9% |
| 稀释EPS | $0.84 | $0.29 | +189.7% |
| 经营现金流 | $8770万 | $1.35亿 | -35.2% |
| 资本支出 | $2050万 | $202万 | +911.8% |
| 自由现金流 | $6720万 | $1.33亿 | -49.6% |
| R&D | $1.36亿 | $6670万 | +103.7% |
| 股权激励费用 | $6400万 | $3550万 | +80.4% |
实际 vs 一致预期
2026-08-04| 实际 | 一致预期 | 对比预期 | |
|---|---|---|---|
| 营收 | $3.92亿 | $3.61亿 | +8.7% |
| EPS(一致预期口径) | $0.80 | $0.69 | +15.8% |
来自2026-08-04发布的Q2 '26财报：营收及分析师预期口径的EPS（通常为调整后），可能与上方报表中的EPS不同。
EPS与一致预期
最近8次财报营收
收入从何而来,按业务线和地区逐季展示。
营收、营业利润与增速
季度按业务线划分的营收
堆叠,季度| 分部 | Q2 '26 | 同比 | 占比 | TTM | TTM同比 | 12个季度 |
|---|---|---|---|---|---|---|
| Reportable Segment | $3.92亿 | +104.5% | 100.0% | $12亿 | – |
按地区划分的营收
占总额比例| 分部 | Q2 '26 | 同比 | 占比 | TTM | TTM同比 | 12个季度 |
|---|---|---|---|---|---|---|
| TAIWAN | $1.06亿 | +86.7% | 27.0% | $3.13亿 | -22.4% | |
| CHINA | $1.53亿 | +158.6% | 38.9% | $3.95亿 | +123.9% | |
| SINGAPORE | $1.14亿 | +71.2% | 29.0% | $3.84亿 | – | |
| Non-US | $1470万 | +94.1% | 3.7% | $6780万 | +27.3% | |
| United States | $553万 | +149.4% | 1.4% | $4240万 | +152.2% |
利润率与成本结构
每一单位营收在各层级还剩多少,成本又花在哪里。
利润率
季度成本占营收比例
季度现金流与资本配置
创造了多少现金,用在何处,又有多少回到股东手中。
经营现金流、资本支出、自由现金流
季度现金用途与经营现金流
财年最近4个季度
现金流量表- 经营现金流
- $3.36亿
- 资本支出
- -$5900万
- 股票回购
- $0
- 股息
- $0
- 收购
- -$9800万
- 债务净发行
- $0
- 股权激励费用
- $1.95亿
- 自由现金流
- $2.77亿
- 股东回报 / FCF
- -0.0%
股数与EPS
季度,稀释资产负债表
各季度末的流动性、投资和债务。
现金、投资与债务
季度末估值与回报
当前估值倍数与公司自身过去五个财年对比;分析师目标价与评级。
估值倍数与回报
TTM与过去5个财年| 当前 | 5年均值 | 当前处于5年区间的位置 | |
|---|---|---|---|
| P/E(TTM) | 119.2× | 126.0× 4年中的1年 | 126.0× – 126.0× |
| EV / EBITDA | 134.1× | 122.5× 4年中的1年 | 122.5× – 122.5× |
| EV / 营收 | 37.2× | 64.4× | 32.3× – 100.4× |
| 股价 / FCF | 162.2× | 134.0× 4年中的2年 | 98.3× – 169.7× |
| 股价 / 净资产 | 25.7× | 32.8× 4年中的3年 | 18.0× – 60.1× |
| FCF收益率 | 0.6% | 0.2% | -0.5% – 1.0% |
| 投入资本回报率 | 15.5% | -13.1% | -34.7% – 12.4% |
| 净资产收益率 | 25.2% | 14.8% | -16.7% – 68.4% |
分析师
一致目标价 $390.18 (+50.8%)
区间 $275.00 – $500.00 · 评级 Buy
强烈买入0
买入13
持有5
卖出0
强烈卖出0
展望
分析师对未来财年的一致预期,以及按当前股价意味着什么。
一致预期
| 财年 | 营收 | 增速 | EPS | 增速 | 按当前股价的P/E | 分析师(EPS) |
|---|---|---|---|---|---|---|
| FY2026 | $19.1亿 | +123.7% | $3.99 | +227.4% | 64.8× | 14 |
| FY2027 | $30.8亿 | +61.7% | $6.49 | +62.5% | 39.9× | 15 |
| FY2028 | $39.9亿 | +29.5% | $8.24 | +27.0% | 31.4× | 12 |
| FY2029 | $63.7亿 | +59.6% | $14.60 | +77.1% | 17.7× | 9 |
| FY2030 | $71.4亿 | +12.1% | $16.80 | +15.1% | 15.4× | 5 |
财务报表
利润表、资产负债表和现金流量表的每一项,含12个季度和10个财年,以金额、占营收比例或增速展示。
全部披露项目
Astera Labs, Inc. Common Stock在近期10-Q / 10-K文件中标记的全部219项数据,附SEC官方标签和定义,包括附注(租赁、税务、回购、员工等)。
| 项目(SEC标签) | 最近季度 | 去年同期 | 同比 | 最近财年 | 上一财年 | 同比 |
|---|---|---|---|---|---|---|
| Accounts Payable, Current | $5390万 | $3160万 | +70.8% | $4240万 | $2690万 | +57.4% |
| Accounts Receivable, after Allowance for Credit Loss, Current | $1.92亿 | $2430万 | +691.5% | $8320万 | $3880万 | +114.4% |
| Accretion (Amortization) of Discounts and Premiums, Investments | $97.8万 | $195万 | -49.8% | $793万 | $844万 | -6.0% |
| Accrued Liabilities, Current | $1.1亿 | $7480万 | +47.5% | $9070万 | $5960万 | +52.1% |
| Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment | $1940万 | $741万 | +161.3% | $1170万 | $583万 | +101.0% |
| Accumulated Other Comprehensive Income (Loss), Net of Tax | -$337万 | $287万 | -217.2% | $431万 | $42.6万 | +911.7% |
| Additional Paid in Capital | $14.9亿 | $12.6亿 | +18.0% | $13.5亿 | $11.7亿 | +15.0% |
| Adjustments to Additional Paid in Capital, Warrant Issued | $1020万 | $176万 | +480.1% | $551万 | $140万 | +295.3% |
| Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount | 5.6万 | 106万 | -94.7% | 6.8万 | 2150万 | -99.7% |
| APIC, Share-based Payment Arrangement, Increase for Cost Recognition | $6400万 | $3550万 | +80.4% | $1.6亿 | $2.35亿 | -31.8% |
| Area of Real Estate Property | – | – | – | 154,231 sqft2024-12-16 | – | – |
| Asset Impairment Charges | – | – | – | $0 | $0 | – |
| Assets | $19.3亿 | $12.7亿 | +51.9% | $15.3亿 | $10.5亿 | +45.3% |
| Assets, Current | $16.5亿 | $11.8亿 | +39.9% | $13.6亿 | $10.1亿 | +34.5% |
| Capital Expenditures Incurred but Not yet Paid | $1110万 | $1360万 | -18.5% | $1550万 | $17.3万 | +8,868.8% |
| Cash and Cash Equivalents, at Carrying Value | $1.11亿 | $1.62亿 | -31.3% | $1.68亿 | $7960万 | +110.7% |
| Cash and Cash Equivalents, Fair Value Disclosure | $8460万 | – | – | $1.48亿 | – | – |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | $1.12亿 | $1.63亿 | -31.8% | $1.68亿 | $8000万 | +109.5% |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | -$3680万 | $7640万 | -148.2% | $8760万 | $3490万 | +150.8% |
| Common Stock, Par or Stated Value Per Share | $0.00 | $0.00 | 0.0% | $0.00 | $0.00 | 0.0% |
| Common Stock, Shares Authorized | 10亿 | 10亿 | 0.0% | 10亿 | 10亿 | 0.0% |
| Common Stock, Shares, Issued | 1.73亿 | 1.66亿 | +4.4% | 1.7亿 | 1.62亿 | +5.0% |
| Common Stock, Shares, Outstanding | 1.73亿 | 1.66亿 | +4.4% | 1.7亿 | 1.62亿 | +5.0% |
| Common Stock, Value, Issued | $1.7万 | $1.7万 | 0.0% | $1.7万 | $1.6万 | +6.3% |
| Comprehensive Income (Loss), Net of Tax, Attributable to Parent | $1.5亿 | $5210万 | +189.1% | $2.23亿 | -$8330万 | +367.9% |
| Contract with Customer, Liability, Current | $02025-12-31 | $1500万 | -100.0% | $0 | $1500万 | -100.0% |
| Conversion of Stock, Amount Issued | $02025-12-31 | $0 | – | $0 | $2.55亿 | -100.0% |
| Cost of Goods and Services Sold | $1.05亿 | $4640万 | +126.1% | $2.07亿 | $9360万 | +121.5% |
| Current Federal Tax Expense (Benefit) | – | – | – | -$205万 | $114万 | -279.8% |
| Current Foreign Tax Expense (Benefit) | – | – | – | $107万 | $51万 | +110.2% |
| Current Income Tax Expense (Benefit) | – | – | – | -$100万 | $164万 | -160.9% |
| Current State and Local Tax Expense (Benefit) | – | – | – | -$2.1万 | -$8000 | -162.5% |
| Debt Securities, Available-for-sale | $11.4亿 | $10.3亿 | +11.2% | $10.2亿 | $8.35亿 | +22.3% |
| Debt Securities, Available-for-sale, Amortized Cost | $11亿2025-09-30 | $8.63亿 | +28.1% | $8.94亿2024-12-31 | $1.05亿 | +747.6% |
| Debt Securities, Available-for-Sale, Amortized Cost, Maturity, Allocated and Single Maturity Date, after Year One Through Five | $6.44亿2025-09-30 | $3.61亿 | +78.5% | $4.68亿2024-12-31 | $3960万 | +1,081.0% |
| Debt Securities, Available-for-Sale, Amortized Cost, Maturity, Allocated and Single Maturity Date, Year One | $4.61亿2025-09-30 | $5.02亿 | -8.2% | $4.26亿2024-12-31 | $6580万 | +546.9% |
| Debt Securities, Available-for-sale, Current | $11.4亿 | $9.03亿 | +26.4% | $10.2亿 | $8.35亿 | +22.3% |
| Debt Securities, Available-for-Sale, Fair Value, Maturity, Allocated and Single Maturity Date, after Year One Through Five | $6.48亿2025-09-30 | $3.64亿 | +77.7% | $4.68亿2024-12-31 | $3990万 | +1,072.1% |
| Debt Securities, Available-for-Sale, Fair Value, Maturity, Allocated and Single Maturity Date, Year One | $4.61亿2025-09-30 | $5.03亿 | -8.2% | $4.26亿2024-12-31 | $6580万 | +548.2% |
| Deferred Federal Income Tax Expense (Benefit) | – | – | – | $0 | $0 | – |
| Deferred Foreign Income Tax Expense (Benefit) | – | – | – | $1.9万 | $0 | – |
| Deferred Income Tax Expense (Benefit) | – | – | – | $1.9万 | $0 | – |
| Deferred State and Local Income Tax Expense (Benefit) | – | – | – | $0 | $0 | – |
| Deferred Tax Assets, Goodwill and Intangible Assets | $7130万2025-12-31 | $9880万 | -27.8% | $7130万 | $9880万 | -27.8% |
| Deferred Tax Assets, Gross | $2.77亿2025-12-31 | $1.7亿 | +62.4% | $2.77亿 | $1.7亿 | +62.4% |
| Deferred Tax Assets, Net | – | – | – | $02024-12-31 | $0 | – |
| Deferred Tax Assets, Operating Loss Carryforwards | $5930万2025-12-31 | $112万 | +5,219.8% | $5930万 | $112万 | +5,219.8% |
| Deferred Tax Assets, Other | $436万2025-12-31 | $687万 | -36.6% | $436万 | $687万 | -36.6% |
| Deferred Tax Assets, Tax Credit Carryforwards, General Business | $1.21亿2025-12-31 | $4850万 | +148.9% | $1.21亿 | $4850万 | +148.9% |
| Deferred Tax Assets, Tax Deferred Expense, Compensation and Benefits, Share-based Compensation Cost | $1490万2025-12-31 | $1490万 | -0.1% | $1490万 | $1490万 | -0.1% |
| Deferred Tax Assets, Valuation Allowance | $2.7亿2025-12-31 | $1.68亿 | +60.6% | $2.7亿 | $1.68亿 | +60.6% |
| Deferred Tax Liabilities, Gross | $968万2025-12-31 | $200万 | +383.5% | $968万 | $200万 | +383.5% |
| Deferred Tax Liabilities, Leasing Arrangements | $599万2025-12-31 | $17.9万 | +3,246.9% | $599万 | $17.9万 | +3,246.9% |
| Deferred Tax Liabilities, Net | $341万2025-12-31 | – | – | $341万 | – | – |
| Deferred Tax Liabilities, Other | $132万2025-12-31 | $11.5万 | +1,044.3% | $132万 | $11.5万 | +1,044.3% |
| Deferred Tax Liabilities, Property, Plant and Equipment | $235万2025-12-31 | $121万 | +94.8% | $235万 | $121万 | +94.8% |
| Depreciation, Depletion and Amortization | $390万 | $140万 | +178.6% | – | – | – |
| Depreciation, Depletion and Amortization, Nonproduction | $393万 | $139万 | +182.3% | $683万 | $315万 | +116.5% |
| Earnings Per Share, Basic | $0.89 | $0.31 | +187.1% | $1.32 | -$0.64 | +306.3% |
| Earnings Per Share, Diluted | $0.83 | $0.29 | +186.2% | $1.22 | -$0.64 | +290.6% |
来源:SEC companyfacts(每份10-Q / 10-K的XBRL)。现金流量表的季度数据由10-Q标记的年初至今累计数推算。分部拆分带有维度标记,在分部章节中单独展示。
数据来源
报表、分部营收、指标、预期:Financial Modeling Prep。分部利润及全部披露项目:SEC EDGAR(XBRL)。 已读取的文件: 10-Q 2026-06-30, 10-Q 2026-03-31, 10-K 2025-12-31, 10-Q 2025-09-30, 10-Q 2025-06-30, 10-Q 2025-03-31, 10-K 2024-12-31, 10-Q 2024-09-30, 10-Q 2024-06-30
数据截至 2026-11-02