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Side-by-side financial comparison of Astera Labs, Inc. (ALAB) and Barnes & Noble Education, Inc. (BNED). Click either name above to swap in a different company.
Barnes & Noble Education, Inc. is the larger business by last-quarter revenue ($598.2M vs $308.4M, roughly 1.9× Astera Labs, Inc.). Astera Labs, Inc. runs the higher net margin — 26.0% vs 4.2%, a 21.9% gap on every dollar of revenue. On growth, Astera Labs, Inc. posted the faster year-over-year revenue change (93.4% vs 6.9%). Over the past eight quarters, Astera Labs, Inc.'s revenue compounded faster (100.3% CAGR vs 20.0%).
Astera Labs, Inc. is an American fabless semiconductor manufacturer and artificial intelligence company. The company specializes in designing high-speed connectivity solutions for data centers and AI infrastructure. The company has been listed on the Nasdaq since March 2024.
Barnes & Noble Booksellers is an American bookseller with the largest number of retail outlets in the United States. The company operates approximately 700+ retail stores across the United States.
ALAB vs BNED — Head-to-Head
Income Statement — Q1 FY2026 vs Q2 FY2026
| Metric | | |
|---|---|---|
| Revenue | $308.4M | $598.2M |
| Net Profit | $80.3M | $25.0M |
| Gross Margin | 76.3% | 21.7% |
| Operating Margin | 20.1% | 6.8% |
| Net Margin | 26.0% | 4.2% |
| Revenue YoY | 93.4% | 6.9% |
| Net Profit YoY | 152.4% | -49.7% |
| EPS (diluted) | $0.44 | $0.72 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q1 26 | $308.4M | — | ||
| Q4 25 | $270.6M | $598.2M | ||
| Q3 25 | $230.6M | $274.2M | ||
| Q2 25 | $191.9M | $233.0M | ||
| Q1 25 | $159.4M | $419.7M | ||
| Q4 24 | $141.1M | $559.7M | ||
| Q3 24 | $113.1M | $250.9M | ||
| Q2 24 | $76.8M | $192.7M |
| Q1 26 | $80.3M | — | ||
| Q4 25 | $45.0M | $25.0M | ||
| Q3 25 | $91.1M | $-18.3M | ||
| Q2 25 | $51.2M | $-23.0M | ||
| Q1 25 | $31.8M | $17.9M | ||
| Q4 24 | $24.7M | $43.2M | ||
| Q3 24 | $-7.6M | $-103.9M | ||
| Q2 24 | $-7.5M | $-41.9M |
| Q1 26 | 76.3% | — | ||
| Q4 25 | 75.6% | 21.7% | ||
| Q3 25 | 76.2% | 20.2% | ||
| Q2 25 | 75.8% | 30.3% | ||
| Q1 25 | 74.9% | 22.3% | ||
| Q4 24 | 74.0% | 23.0% | ||
| Q3 24 | 77.7% | 17.9% | ||
| Q2 24 | 77.9% | 28.7% |
| Q1 26 | 20.1% | — | ||
| Q4 25 | 24.7% | 6.8% | ||
| Q3 25 | 24.0% | -8.4% | ||
| Q2 25 | 20.7% | -4.9% | ||
| Q1 25 | 7.1% | 4.5% | ||
| Q4 24 | 0.1% | 8.4% | ||
| Q3 24 | -7.9% | -15.4% | ||
| Q2 24 | -31.7% | -16.3% |
| Q1 26 | 26.0% | — | ||
| Q4 25 | 16.6% | 4.2% | ||
| Q3 25 | 39.5% | -6.7% | ||
| Q2 25 | 26.7% | -9.9% | ||
| Q1 25 | 20.0% | 4.3% | ||
| Q4 24 | 17.5% | 7.7% | ||
| Q3 24 | -6.7% | -41.4% | ||
| Q2 24 | -9.8% | -21.7% |
| Q1 26 | $0.44 | — | ||
| Q4 25 | $0.25 | $0.72 | ||
| Q3 25 | $0.50 | $-0.54 | ||
| Q2 25 | $0.29 | $2.97 | ||
| Q1 25 | $0.18 | $0.59 | ||
| Q4 24 | $1.23 | $1.63 | ||
| Q3 24 | $-0.05 | $-7.69 | ||
| Q2 24 | $-0.05 | $-15.68 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $148.3M | $11.7M |
| Total DebtLower is stronger | — | $122.5M |
| Stockholders' EquityBook value | $1.5B | $283.2M |
| Total Assets | $1.7B | $1.1B |
| Debt / EquityLower = less leverage | — | 0.43× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $148.3M | — | ||
| Q4 25 | $167.6M | $11.7M | ||
| Q3 25 | $140.4M | $7.3M | ||
| Q2 25 | $162.3M | $9.1M | ||
| Q1 25 | $86.4M | $9.2M | ||
| Q4 24 | $79.6M | $11.6M | ||
| Q3 24 | $126.1M | $8.2M | ||
| Q2 24 | $421.1M | $10.5M |
| Q1 26 | — | — | ||
| Q4 25 | — | $122.5M | ||
| Q3 25 | — | $170.0M | ||
| Q2 25 | — | $103.1M | ||
| Q1 25 | — | $141.2M | ||
| Q4 24 | — | $177.6M | ||
| Q3 24 | — | $221.9M | ||
| Q2 24 | — | $196.3M |
| Q1 26 | $1.5B | — | ||
| Q4 25 | $1.4B | $283.2M | ||
| Q3 25 | $1.3B | $256.5M | ||
| Q2 25 | $1.1B | $272.2M | ||
| Q1 25 | $1.0B | $292.9M | ||
| Q4 24 | $964.8M | $211.4M | ||
| Q3 24 | $889.6M | $149.8M | ||
| Q2 24 | $845.3M | $80.4M |
| Q1 26 | $1.7B | — | ||
| Q4 25 | $1.5B | $1.1B | ||
| Q3 25 | $1.4B | $950.8M | ||
| Q2 25 | $1.3B | $790.3M | ||
| Q1 25 | $1.1B | $1.1B | ||
| Q4 24 | $1.1B | $1.0B | ||
| Q3 24 | $983.1M | $973.2M | ||
| Q2 24 | $915.5M | $909.9M |
| Q1 26 | — | — | ||
| Q4 25 | — | 0.43× | ||
| Q3 25 | — | 0.66× | ||
| Q2 25 | — | 0.38× | ||
| Q1 25 | — | 0.48× | ||
| Q4 24 | — | 0.84× | ||
| Q3 24 | — | 1.48× | ||
| Q2 24 | — | 2.44× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $74.6M | $66.2M |
| Free Cash FlowOCF − Capex | — | $61.9M |
| FCF MarginFCF / Revenue | — | 10.4% |
| Capex IntensityCapex / Revenue | — | 0.7% |
| Cash ConversionOCF / Net Profit | 0.93× | 2.65× |
| TTM Free Cash FlowTrailing 4 quarters | — | $-4.6M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $74.6M | — | ||
| Q4 25 | $95.3M | $66.2M | ||
| Q3 25 | $78.2M | $-67.6M | ||
| Q2 25 | $135.4M | $52.6M | ||
| Q1 25 | $10.5M | $-41.9M | ||
| Q4 24 | $39.7M | $47.4M | ||
| Q3 24 | $63.5M | $-143.5M | ||
| Q2 24 | $29.8M | $81.7M |
| Q1 26 | — | — | ||
| Q4 25 | $76.6M | $61.9M | ||
| Q3 25 | $65.9M | $-71.3M | ||
| Q2 25 | $133.3M | $49.5M | ||
| Q1 25 | $6.0M | $-44.7M | ||
| Q4 24 | $24.3M | $44.4M | ||
| Q3 24 | $46.8M | $-147.5M | ||
| Q2 24 | $28.5M | $79.1M |
| Q1 26 | — | — | ||
| Q4 25 | 28.3% | 10.4% | ||
| Q3 25 | 28.6% | -26.0% | ||
| Q2 25 | 69.5% | 21.3% | ||
| Q1 25 | 3.7% | -10.7% | ||
| Q4 24 | 17.2% | 7.9% | ||
| Q3 24 | 41.4% | -58.8% | ||
| Q2 24 | 37.1% | 41.1% |
| Q1 26 | — | — | ||
| Q4 25 | 6.9% | 0.7% | ||
| Q3 25 | 5.3% | 1.4% | ||
| Q2 25 | 1.1% | 1.3% | ||
| Q1 25 | 2.8% | 0.7% | ||
| Q4 24 | 10.9% | 0.5% | ||
| Q3 24 | 14.8% | 1.6% | ||
| Q2 24 | 1.7% | 1.4% |
| Q1 26 | 0.93× | — | ||
| Q4 25 | 2.12× | 2.65× | ||
| Q3 25 | 0.86× | — | ||
| Q2 25 | 2.64× | — | ||
| Q1 25 | 0.33× | -2.34× | ||
| Q4 24 | 1.61× | 1.10× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
ALAB
Segment breakdown not available.
BNED
| Course Materials Product | $459.3M | 77% |
| General Merchandise Product | $112.9M | 19% |
| Serviceand Other | $26.1M | 4% |
