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Side-by-side financial comparison of Astera Labs, Inc. (ALAB) and Credo Technology Group Holding Ltd (CRDO). Click either name above to swap in a different company.

Astera Labs, Inc. is the larger business by last-quarter revenue ($270.6M vs $268.0M, roughly 1.0× Credo Technology Group Holding Ltd). Credo Technology Group Holding Ltd runs the higher net margin — 30.8% vs 16.6%, a 14.2% gap on every dollar of revenue. On growth, Credo Technology Group Holding Ltd posted the faster year-over-year revenue change (272.1% vs 91.8%). Astera Labs, Inc. produced more free cash flow last quarter ($76.6M vs $38.5M). Over the past eight quarters, Credo Technology Group Holding Ltd's revenue compounded faster (110.0% CAGR vs 103.6%).

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.

Seiko Group is a corporate group composed of Seiko Group Corporation and its subsidiaries and affiliates. It used to be recognized as a corporate group consisting of three core companies Seiko Holdings Corp., Seiko Instruments Inc., and Seiko Epson Corp. The three companies were linked by a common thread of timepiece technology. Although Epson still develops and manufactures wristwatches for the Seiko Group, Epson and its subsidiaries are not considered part of the group.

ALAB vs CRDO — Head-to-Head

Bigger by revenue
ALAB
ALAB
1.0× larger
ALAB
$270.6M
$268.0M
CRDO
Growing faster (revenue YoY)
CRDO
CRDO
+180.3% gap
CRDO
272.1%
91.8%
ALAB
Higher net margin
CRDO
CRDO
14.2% more per $
CRDO
30.8%
16.6%
ALAB
More free cash flow
ALAB
ALAB
$38.1M more FCF
ALAB
$76.6M
$38.5M
CRDO
Faster 2-yr revenue CAGR
CRDO
CRDO
Annualised
CRDO
110.0%
103.6%
ALAB

Income Statement — Q4 2025 vs Q3 2026

Metric
ALAB
ALAB
CRDO
CRDO
Revenue
$270.6M
$268.0M
Net Profit
$45.0M
$82.6M
Gross Margin
75.6%
67.5%
Operating Margin
24.7%
29.4%
Net Margin
16.6%
30.8%
Revenue YoY
91.8%
272.1%
Net Profit YoY
82.0%
2055.9%
EPS (diluted)
$0.25
$0.44

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.

Revenue
ALAB
ALAB
CRDO
CRDO
Q4 25
$270.6M
$268.0M
Q3 25
$230.6M
$223.1M
Q2 25
$191.9M
$170.0M
Q1 25
$159.4M
$135.0M
Q4 24
$141.1M
$72.0M
Q3 24
$113.1M
$59.7M
Q2 24
$76.8M
$60.8M
Q1 24
$65.3M
Net Profit
ALAB
ALAB
CRDO
CRDO
Q4 25
$45.0M
$82.6M
Q3 25
$91.1M
$63.4M
Q2 25
$51.2M
$36.6M
Q1 25
$31.8M
$29.4M
Q4 24
$24.7M
$-4.2M
Q3 24
$-7.6M
$-9.5M
Q2 24
$-7.5M
$-10.5M
Q1 24
$-93.0M
Gross Margin
ALAB
ALAB
CRDO
CRDO
Q4 25
75.6%
67.5%
Q3 25
76.2%
67.4%
Q2 25
75.8%
67.2%
Q1 25
74.9%
63.6%
Q4 24
74.0%
63.2%
Q3 24
77.7%
62.4%
Q2 24
77.9%
65.8%
Q1 24
77.4%
Operating Margin
ALAB
ALAB
CRDO
CRDO
Q4 25
24.7%
29.4%
Q3 25
24.0%
27.2%
Q2 25
20.7%
19.9%
Q1 25
7.1%
19.4%
Q4 24
0.1%
-11.7%
Q3 24
-7.9%
-24.2%
Q2 24
-31.7%
-13.0%
Q1 24
-127.1%
Net Margin
ALAB
ALAB
CRDO
CRDO
Q4 25
16.6%
30.8%
Q3 25
39.5%
28.4%
Q2 25
26.7%
21.5%
Q1 25
20.0%
21.7%
Q4 24
17.5%
-5.9%
Q3 24
-6.7%
-16.0%
Q2 24
-9.8%
-17.2%
Q1 24
-142.5%
EPS (diluted)
ALAB
ALAB
CRDO
CRDO
Q4 25
$0.25
$0.44
Q3 25
$0.50
$0.34
Q2 25
$0.29
$0.22
Q1 25
$0.18
$0.16
Q4 24
$1.23
$-0.03
Q3 24
$-0.05
$-0.06
Q2 24
$-0.05
$-0.06
Q1 24
$-1.77

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ALAB
ALAB
CRDO
CRDO
Cash + ST InvestmentsLiquidity on hand
$167.6M
$813.6M
Total DebtLower is stronger
Stockholders' EquityBook value
$1.4B
$1.3B
Total Assets
$1.5B
$1.4B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ALAB
ALAB
CRDO
CRDO
Q4 25
$167.6M
$813.6M
Q3 25
$140.4M
$479.6M
Q2 25
$162.3M
$431.3M
Q1 25
$86.4M
$379.2M
Q4 24
$79.6M
$383.0M
Q3 24
$126.1M
$398.6M
Q2 24
$421.1M
$410.0M
Q1 24
$696.1M
Stockholders' Equity
ALAB
ALAB
CRDO
CRDO
Q4 25
$1.4B
$1.3B
Q3 25
$1.3B
$781.4M
Q2 25
$1.1B
$681.6M
Q1 25
$1.0B
$618.2M
Q4 24
$964.8M
$567.9M
Q3 24
$889.6M
$553.1M
Q2 24
$845.3M
$540.2M
Q1 24
$808.8M
Total Assets
ALAB
ALAB
CRDO
CRDO
Q4 25
$1.5B
$1.4B
Q3 25
$1.4B
$905.2M
Q2 25
$1.3B
$809.3M
Q1 25
$1.1B
$719.9M
Q4 24
$1.1B
$638.6M
Q3 24
$983.1M
$644.9M
Q2 24
$915.5M
$601.9M
Q1 24
$864.9M

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ALAB
ALAB
CRDO
CRDO
Operating Cash FlowLast quarter
$95.3M
$61.7M
Free Cash FlowOCF − Capex
$76.6M
$38.5M
FCF MarginFCF / Revenue
28.3%
14.4%
Capex IntensityCapex / Revenue
6.9%
8.7%
Cash ConversionOCF / Net Profit
2.12×
0.75×
TTM Free Cash FlowTrailing 4 quarters
$281.8M
$143.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ALAB
ALAB
CRDO
CRDO
Q4 25
$95.3M
$61.7M
Q3 25
$78.2M
$54.2M
Q2 25
$135.4M
$57.8M
Q1 25
$10.5M
Q4 24
$39.7M
$10.3M
Q3 24
$63.5M
$-7.2M
Q2 24
$29.8M
$4.2M
Q1 24
$3.7M
Free Cash Flow
ALAB
ALAB
CRDO
CRDO
Q4 25
$76.6M
$38.5M
Q3 25
$65.9M
$51.3M
Q2 25
$133.3M
$54.2M
Q1 25
$6.0M
Q4 24
$24.3M
$-11.7M
Q3 24
$46.8M
$-13.1M
Q2 24
$28.5M
$962.0K
Q1 24
$228.0K
FCF Margin
ALAB
ALAB
CRDO
CRDO
Q4 25
28.3%
14.4%
Q3 25
28.6%
23.0%
Q2 25
69.5%
31.9%
Q1 25
3.7%
Q4 24
17.2%
-16.2%
Q3 24
41.4%
-21.9%
Q2 24
37.1%
1.6%
Q1 24
0.3%
Capex Intensity
ALAB
ALAB
CRDO
CRDO
Q4 25
6.9%
8.7%
Q3 25
5.3%
1.3%
Q2 25
1.1%
2.1%
Q1 25
2.8%
Q4 24
10.9%
30.5%
Q3 24
14.8%
9.8%
Q2 24
1.7%
5.3%
Q1 24
5.2%
Cash Conversion
ALAB
ALAB
CRDO
CRDO
Q4 25
2.12×
0.75×
Q3 25
0.86×
0.85×
Q2 25
2.64×
1.58×
Q1 25
0.33×
Q4 24
1.61×
Q3 24
Q2 24
Q1 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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