KPI data tables

Astera Labs operating metrics behind the KPI charts, newest period first (up to 24 periods per chart). Periods use each company's own fiscal labels where the source does; each table names its source.

Astera Labs Direct-Customer Concentration (Annual) (percent)
PeriodCustomer ACustomer BCustomer CCustomer DCustomer ECustomer FCustomer GAll other customers
FY202520201716110016
FY2024011024036029
FY2023000370241821

Source: Astera Labs Form 10-K for the year ended December 31, 2025 (filed 20 Feb 2026, https://www.sec.gov/Archives/edgar/data/1736297/000173629726000010/alab-20251231.htm), Note: Concentrations of Credit Risk and Major Customers. FY2025: Customer A 20%, B 20%, C 17%, D 16%, E 11%. FY2024: B 11%, D 24%, F 36%. FY2023: D 37%, F 24%, G 18%. Asterisks are less than 10% and are charted as 0. All other is the residual.

Astera Labs Inventory by Stage (Quarterly) (usd_millions)
PeriodWork-in-progressFinished goodsRaw materials
Q2 202698.69415.0350.052
Q1 202646.57213.2860.298
Q4 202535.75223.1430.084
Q3 202516.93334.5470.183
Q2 202524.10434.3260.172
Q1 202528.20422.6540.199
Q4 202426.69516.2910.229

Source: Astera Labs Form 10-K and Form 10-Q inventory footnotes (thousands). YE2024 and YE2025: FY2025 10-K (https://www.sec.gov/Archives/edgar/data/1736297/000173629726000010/alab-20251231.htm) $229 / $26,695 / $16,291 and $84 / $35,752 / $23,143. Q1 2025 10-Q (https://www.sec.gov/Archives/edgar/data/1736297/000173629725000031/alab-20250331.htm): $199 / $28,204 / $22,654. Q2 2025 10-Q (https://www.sec.gov/Archives/edgar/data/1736297/000173629725000098/alab-20250630.htm): $172 / $24,104 / $34,326. Q3 2025 10-Q (https://www.sec.gov/Archives/edgar/data/1736297/000173629725000147/alab-20250930.htm): $183 / $16,933 / $34,547. Q1 2026 10-Q (https://www.sec.gov/Archives/edgar/data/1736297/000173629726000020/alab-20260331.htm): $298 / $46,572 / $13,286. Q2 2026 10-Q (https://www.sec.gov/Archives/edgar/data/1736297/000173629726000035/alab-20260630.htm): $52 / $98,694 / $15,035. Chart values are thousands divided by 1,000.

Astera Labs Combined 10%+ Direct Customers (Quarterly) (percent)
PeriodCustomers at 10% or more (combined)All other customers
Q2 20268218
Q1 20269010
Q3 20258416
Q2 20258713
Q1 20258020

Source: Astera Labs Form 10-Q customer-concentration tables (three months ended). Q1 2025 (https://www.sec.gov/Archives/edgar/data/1736297/000173629725000031/alab-20250331.htm): A 19%, B 26%, C 23%, D 12%. Q2 2025 (https://www.sec.gov/Archives/edgar/data/1736297/000173629725000098/alab-20250630.htm): A 24%, B 27%, C 13%, D 12%, E 11%. Q3 2025 (https://www.sec.gov/Archives/edgar/data/1736297/000173629725000147/alab-20250930.htm): A 27%, B 23%, C 10%, D 24%. Q1 2026 (https://www.sec.gov/Archives/edgar/data/1736297/000173629726000020/alab-20260331.htm): A 29%, B 21%, C 16%, D 12%, E 12%. Q2 2026 (https://www.sec.gov/Archives/edgar/data/1736297/000173629726000035/alab-20260630.htm): A 29%, B 25%, C 15%, D 13%. Combined 10%+ is the sum of those printed shares.

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Astera Labs (ALAB) - KPIs | Sterling