Astera Labs Reports First Quarter 2026 Financial Results

Record quarterly revenue of $308.4 million, up 14% QoQ and up 93% year-over-year Market-leading PCIe 6 AI fabric and signal conditioning portfolio delivered strong growth during Q1 Now shipping newly announced Scorpio™ X-Series 320-lane AI Fabric switch and expanded Scorpio P-Series PCIe 6 switch family supporting 32 to 320 lanes SAN JOSE, Calif., May 05, 2026 (GLOBE NEWSWIRE) -- Astera Labs, Inc. (Nasdaq: ALAB), a leader in semiconductor-based connectivity solutions for rack-scale AI infrastructure, today announced preliminary financial results for the first quarter of fiscal year of 2026, ended March 31, 2026.