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Side-by-side financial comparison of Astera Labs, Inc. (ALAB) and Claritev Corp (CTEV). Click either name above to swap in a different company.
Astera Labs, Inc. is the larger business by last-quarter revenue ($270.6M vs $246.6M, roughly 1.1× Claritev Corp). Astera Labs, Inc. runs the higher net margin — 16.6% vs -32.7%, a 49.3% gap on every dollar of revenue. On growth, Astera Labs, Inc. posted the faster year-over-year revenue change (91.8% vs 6.2%). Astera Labs, Inc. produced more free cash flow last quarter ($76.6M vs $36.4M). Over the past eight quarters, Astera Labs, Inc.'s revenue compounded faster (103.6% CAGR vs 2.5%).
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.
ALAB vs CTEV — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | ||
|---|---|---|
| Revenue | $270.6M | $246.6M |
| Net Profit | $45.0M | $-80.6M |
| Gross Margin | 75.6% | — |
| Operating Margin | 24.7% | -3.1% |
| Net Margin | 16.6% | -32.7% |
| Revenue YoY | 91.8% | 6.2% |
| Net Profit YoY | 82.0% | 41.6% |
| EPS (diluted) | $0.25 | $-4.88 |
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.
| Q4 25 | $270.6M | $246.6M | ||
| Q3 25 | $230.6M | $246.0M | ||
| Q2 25 | $191.9M | $241.6M | ||
| Q1 25 | $159.4M | $231.3M | ||
| Q4 24 | $141.1M | $232.1M | ||
| Q3 24 | $113.1M | $230.5M | ||
| Q2 24 | $76.8M | $233.5M | ||
| Q1 24 | $65.3M | $234.5M |
| Q4 25 | $45.0M | $-80.6M | ||
| Q3 25 | $91.1M | $-69.8M | ||
| Q2 25 | $51.2M | $-62.6M | ||
| Q1 25 | $31.8M | $-71.3M | ||
| Q4 24 | $24.7M | $-138.0M | ||
| Q3 24 | $-7.6M | $-391.4M | ||
| Q2 24 | $-7.5M | $-576.7M | ||
| Q1 24 | $-93.0M | $-539.7M |
| Q4 25 | 75.6% | — | ||
| Q3 25 | 76.2% | — | ||
| Q2 25 | 75.8% | — | ||
| Q1 25 | 74.9% | — | ||
| Q4 24 | 74.0% | — | ||
| Q3 24 | 77.7% | — | ||
| Q2 24 | 77.9% | — | ||
| Q1 24 | 77.4% | — |
| Q4 25 | 24.7% | -3.1% | ||
| Q3 25 | 24.0% | 4.1% | ||
| Q2 25 | 20.7% | 6.9% | ||
| Q1 25 | 7.1% | 4.2% | ||
| Q4 24 | 0.1% | -17.8% | ||
| Q3 24 | -7.9% | -146.7% | ||
| Q2 24 | -31.7% | -224.4% | ||
| Q1 24 | -127.1% | -207.4% |
| Q4 25 | 16.6% | -32.7% | ||
| Q3 25 | 39.5% | -28.4% | ||
| Q2 25 | 26.7% | -25.9% | ||
| Q1 25 | 20.0% | -30.8% | ||
| Q4 24 | 17.5% | -59.4% | ||
| Q3 24 | -6.7% | -169.8% | ||
| Q2 24 | -9.8% | -247.0% | ||
| Q1 24 | -142.5% | -230.1% |
| Q4 25 | $0.25 | $-4.88 | ||
| Q3 25 | $0.50 | $-4.23 | ||
| Q2 25 | $0.29 | $-3.81 | ||
| Q1 25 | $0.18 | $-4.38 | ||
| Q4 24 | $1.23 | $-8.49 | ||
| Q3 24 | $-0.05 | $-24.25 | ||
| Q2 24 | $-0.05 | $-35.78 | ||
| Q1 24 | $-1.77 | $-33.40 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | ||
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $167.6M | $16.8M |
| Total DebtLower is stronger | — | $4.6B |
| Stockholders' EquityBook value | $1.4B | $-173.9M |
| Total Assets | $1.5B | $4.9B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $167.6M | $16.8M | ||
| Q3 25 | $140.4M | $39.2M | ||
| Q2 25 | $162.3M | $56.4M | ||
| Q1 25 | $86.4M | $23.1M | ||
| Q4 24 | $79.6M | $16.8M | ||
| Q3 24 | $126.1M | $86.6M | ||
| Q2 24 | $421.1M | $48.8M | ||
| Q1 24 | $696.1M | $58.7M |
| Q4 25 | — | $4.6B | ||
| Q3 25 | — | $4.5B | ||
| Q2 25 | — | $4.5B | ||
| Q1 25 | — | $4.5B | ||
| Q4 24 | — | $4.5B | ||
| Q3 24 | — | $4.5B | ||
| Q2 24 | — | $4.5B | ||
| Q1 24 | — | $4.5B |
| Q4 25 | $1.4B | $-173.9M | ||
| Q3 25 | $1.3B | $-101.8M | ||
| Q2 25 | $1.1B | $-39.9M | ||
| Q1 25 | $1.0B | $14.8M | ||
| Q4 24 | $964.8M | $84.0M | ||
| Q3 24 | $889.6M | $207.6M | ||
| Q2 24 | $845.3M | $603.4M | ||
| Q1 24 | $808.8M | $1.2B |
| Q4 25 | $1.5B | $4.9B | ||
| Q3 25 | $1.4B | $5.0B | ||
| Q2 25 | $1.3B | $5.1B | ||
| Q1 25 | $1.1B | $5.1B | ||
| Q4 24 | $1.1B | $5.2B | ||
| Q3 24 | $983.1M | $5.3B | ||
| Q2 24 | $915.5M | $5.7B | ||
| Q1 24 | $864.9M | $6.4B |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | 304.87× | ||
| Q4 24 | — | 53.67× | ||
| Q3 24 | — | 21.73× | ||
| Q2 24 | — | 7.48× | ||
| Q1 24 | — | 3.85× |
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 | $95.3M | $66.3M |
| Free Cash FlowOCF − Capex | $76.6M | $36.4M |
| FCF MarginFCF / Revenue | 28.3% | 14.8% |
| Capex IntensityCapex / Revenue | 6.9% | 12.1% |
| Cash ConversionOCF / Net Profit | 2.12× | — |
| TTM Free Cash FlowTrailing 4 quarters | $281.8M | $-12.3M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $95.3M | $66.3M | ||
| Q3 25 | $78.2M | $19.9M | ||
| Q2 25 | $135.4M | $61.2M | ||
| Q1 25 | $10.5M | $-30.1M | ||
| Q4 24 | $39.7M | $-33.4M | ||
| Q3 24 | $63.5M | $72.8M | ||
| Q2 24 | $29.8M | $18.5M | ||
| Q1 24 | $3.7M | $49.7M |
| Q4 25 | $76.6M | $36.4M | ||
| Q3 25 | $65.9M | $-16.3M | ||
| Q2 25 | $133.3M | $36.6M | ||
| Q1 25 | $6.0M | $-68.9M | ||
| Q4 24 | $24.3M | $-63.8M | ||
| Q3 24 | $46.8M | $41.1M | ||
| Q2 24 | $28.5M | $-7.0M | ||
| Q1 24 | $228.0K | $19.2M |
| Q4 25 | 28.3% | 14.8% | ||
| Q3 25 | 28.6% | -6.6% | ||
| Q2 25 | 69.5% | 15.2% | ||
| Q1 25 | 3.7% | -29.8% | ||
| Q4 24 | 17.2% | -27.5% | ||
| Q3 24 | 41.4% | 17.8% | ||
| Q2 24 | 37.1% | -3.0% | ||
| Q1 24 | 0.3% | 8.2% |
| Q4 25 | 6.9% | 12.1% | ||
| Q3 25 | 5.3% | 14.7% | ||
| Q2 25 | 1.1% | 10.2% | ||
| Q1 25 | 2.8% | 16.8% | ||
| Q4 24 | 10.9% | 13.1% | ||
| Q3 24 | 14.8% | 13.8% | ||
| Q2 24 | 1.7% | 10.9% | ||
| Q1 24 | 5.2% | 13.0% |
| Q4 25 | 2.12× | — | ||
| Q3 25 | 0.86× | — | ||
| Q2 25 | 2.64× | — | ||
| 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.