Astera Labs, Inc. develops, produces, and markets semiconductor-based connectivity solutions tailored for cloud and AI infrastructure. Its intelligent connectivity platform features high-speed, mixed-signal semiconductor products that combine an array of microcontrollers and sensors, along with its COSMOS software suite.

• Q4 2025 and Recent Business Highlights- Production ramp-up of Scorpio X-Series solutions has begun for the lead platform, alongside an expanded Smart Fabric Switch roadmap developed with hyperscaler customers to address next-generation scale-up networking requirements.

• The updated Scorpio X-Series roadmap adds higher radix, platform-specific protocols, in-network computing, Hypercast technology, and optical connectivity, accelerating investment toward the fast-growing merchant scale-up switching market projected to reach $20 billion annually by 2030.

1. The company generated revenue of $270.6 million during the period, representing a 17% increase compared to the previous quarter and an impressive 92% growth relative to the same period last year, highlighting strong sustained demand and continued business momentum.

1. GAAP gross margin reached 75.6%, reflecting efficient cost management, favorable product mix, and disciplined pricing strategies that enabled the company to maintain high profitability levels while continuing to invest strategically in innovation and operational scale.

1. GAAP operating income totaled $67.0 million for the quarter, demonstrating solid core business performance driven by revenue expansion, controlled operating expenses, and continued leverage across research, development, sales, and administrative functions.

1. GAAP operating margin was 24.7%, underscoring the company’s ability to translate strong top-line growth into meaningful operating profitability through scalable infrastructure, disciplined spending, and effective execution across its primary business segments.

1. GAAP net income amounted to $45.0 million, reflecting healthy overall profitability after accounting for operating costs, taxes, and other expenses, and demonstrating the company’s capacity to convert revenue growth into bottom-line earnings.

Acrobull UK Advisory Services Ltd. Research View Based on Independent Evaluation