Astera Labs, Inc. Common Stock

ALABNASDAQTechnology● Active

$351.13

+$34.07(+10.75%)

Market Cap$60.2B

P/E Ratio—

52W High$372.37

52W Low$84.78

Avg Volume5.6M

Open$330.50

Beta3.96

Free Cash Flow Financials Revenue

Astera Labs, Inc. Common Stock (ALAB) Free Cash Flow & Analysis

Annual & trailing free cash flow, FCF margin, YoY change, valuation ratios, and peer context.

ALAB · free cash flow · updated Jun 8, 2026

Core FCF metrics

ALAB · FCF · TTM · margin & CAGR

Free cash flow was $281.8M for FY2025 (fiscal year ending 2025-12-31), up 175.1% year-over-year The FCF margin was 33.0%.

FY2025 Free Cash Flow$281.8M▲ +175.1% YoY

Trailing 12M (TTM)$342.8Mtrailing 4 quarters sum

FCF Margin33.0%$281.8M ÷ revenue

3-Year CAGRN/AN/A — contains negative FCF

5-Year CAGRN/AN/A — contains negative FCF

FormulaFCF = Operating Cash Flow − Capital ExpendituresTTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0

Source: FMP /cash-flow-statement · SEC 10-K / 10-Q · USDUpdated: Jun 8, 2026

Annual free cash flow history

FCF ($B, upper) · YoY Growth % (lower)

Positive FCFNegative FCF

Free Cash Flow

YoY Growth %

Annual free cash flow data

ALAB · free cash flow history · annual / quarterly

Fiscal YearOperating CFCapExFree Cash FlowYoY ChangeFCF Margin

FY2025Latest$319.3M(38M)$281.8M▲ +175.1%33.0%

FY2024$136.7M(34M)$102.4M▲ +761.8%25.9%

FY2023−$12.7M(3M)−$15.5M▲ +61.1%-13.4%

FY2022−$35.9M(4M)−$39.8M—-49.8%

FCF = Operating Cash Flow − Capital Expenditures · CapEx shown as (negative) · Source: SEC filings via FMP

FCF valuation metrics

ALAB · P/FCF · FCF yield · FCF per share

Astera Labs, Inc. Common Stock (ALAB) trades at a FCF yield of 0.58% and a price-to-free-cash-flow ratio of 170.5x. FCF per share stands at $2.06, calculated using trailing twelve-month FCF divided by basic weighted-average shares outstanding.

FCF Yield (TTM)

0.58%

Free Cash Flow ÷ Market Cap

per FMP freeCashFlowYieldTTM definition

FCF per Share (TTM)

$2.06

TTM FCF ÷ Shares Outstanding

Price / FCF

x170.5

Share Price ÷ FCF per Share

EV / FCF (TTM)

x173.5

Enterprise Value basis

Source: FMP /key-metrics-ttm · /cash-flow-statement Q · /income-statementFY2025 · 2025-12-31

Cash flow statement summary

ALAB · cash flow statement · operating / investing / financing

For FY2025, Astera Labs, Inc. Common Stock generated $319.3M in operating cash flow and spent 38M in capital expenditures, yielding $281.8M in free cash flow.

Operating Activities

+$319.3M

Cash from core business operations

2025-12-31

Investing Activities

−$241.5M

CapEx, acquisitions & investments

2025-12-31

Financing Activities

+$9.8M

Buybacks, dividends & debt

2025-12-31

FCF FormulaOperating CF ($319.3M) − |CapEx| (38M) = FCF ($281.8M)

For the complete Operating / Investing / Financing line-item breakdown:

View Full Cash Flow Statement →

Free cash flow vs peers (Technology)

ALAB vs peers · FCF

#CompanyFree Cash FlowYoYFCF MarginRelative

Astera Labs, Inc. Common StockYOU

ALAB

$281.8M+175.1%33.1%

Taiwan Semiconductor Manufacturing Company Limited

Microsoft Corporation

Technology · Sorted by FCF · FMP /cash-flow-statementFull FCF Rankings →

About Free Cash Flow & Methodology

Astera Labs, Inc. Common Stock (ALAB) reported free cash flow of $281.8M for FY2025 (fiscal year ending 2025-12-31), up 175.1% year-over-year. The FCF margin was 33.0%.

Based on available data, Astera Labs, Inc. Common Stock has maintained positive free cash flow for at least 2 fiscal year(s). FCF peaked at $281.8M in FY2025.

Astera Labs, Inc. Common Stock's FCF yield is 0.58% and price-to-FCF ratio is 170.5x for FY2025, based on the latest available data.

Data sourced from FMP /cash-flow-statement · SEC 10-K / 10-Q · USD.

Q&A and summaries align with SEC 10-K/10-Q cash flow disclosures and FMP /cash-flow-statement where noted.

Revenue Financial statements Net income Earnings Forecast Price history Market cap Cash on hand P/E ratio

Frequently asked questions

ALAB free cash flow · 8 questions

Astera Labs, Inc. Common Stock free cash flow was $281.8M for FY2025, up 175.1% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at $342.8M.

ALAB free cash flowALAB FCFALAB FCF 2025ALAB free cash flow TTM

▸ Source: FMP /cash-flow-statement · US GAAP · Astera Labs, Inc. Common Stock · Astera Labs, Inc. Common Stock SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026