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Side-by-side financial comparison of Astera Labs, Inc. (ALAB) and DIODES INC (DIOD). Click either name above to swap in a different company.
DIODES INC is the larger business by last-quarter revenue ($391.6M vs $308.4M, roughly 1.3× Astera Labs, Inc.). Astera Labs, Inc. runs the higher net margin — 26.0% vs 2.6%, a 23.4% gap on every dollar of revenue. On growth, Astera Labs, Inc. posted the faster year-over-year revenue change (93.4% vs 15.4%). Over the past eight quarters, Astera Labs, Inc.'s revenue compounded faster (100.3% CAGR vs 13.9%).
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.
Diodes Incorporated is a global semiconductor manufacturer that designs, produces and supplies discrete, analog and mixed-signal semiconductor products. Its solutions serve key end markets including automotive, industrial, consumer electronics, personal computing and communications infrastructure, with a worldwide customer base.
ALAB vs DIOD — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $308.4M | $391.6M |
| Net Profit | $80.3M | $10.2M |
| Gross Margin | 76.3% | 31.1% |
| Operating Margin | 20.1% | 3.4% |
| Net Margin | 26.0% | 2.6% |
| Revenue YoY | 93.4% | 15.4% |
| Net Profit YoY | 152.4% | 23.8% |
| EPS (diluted) | $0.44 | $0.23 |
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 | $391.6M | ||
| Q3 25 | $230.6M | $392.2M | ||
| Q2 25 | $191.9M | $366.2M | ||
| Q1 25 | $159.4M | $332.1M | ||
| Q4 24 | $141.1M | $339.3M | ||
| Q3 24 | $113.1M | $350.1M | ||
| Q2 24 | $76.8M | $319.8M |
| Q1 26 | $80.3M | — | ||
| Q4 25 | $45.0M | $10.2M | ||
| Q3 25 | $91.1M | $14.3M | ||
| Q2 25 | $51.2M | $46.1M | ||
| Q1 25 | $31.8M | $-4.4M | ||
| Q4 24 | $24.7M | $8.2M | ||
| Q3 24 | $-7.6M | $13.7M | ||
| Q2 24 | $-7.5M | $8.0M |
| Q1 26 | 76.3% | — | ||
| Q4 25 | 75.6% | 31.1% | ||
| Q3 25 | 76.2% | 30.7% | ||
| Q2 25 | 75.8% | 31.5% | ||
| Q1 25 | 74.9% | 31.5% | ||
| Q4 24 | 74.0% | 32.7% | ||
| Q3 24 | 77.7% | 33.7% | ||
| Q2 24 | 77.9% | 33.6% |
| Q1 26 | 20.1% | — | ||
| Q4 25 | 24.7% | 3.4% | ||
| Q3 25 | 24.0% | 3.0% | ||
| Q2 25 | 20.7% | 2.6% | ||
| Q1 25 | 7.1% | 0.4% | ||
| Q4 24 | 0.1% | 3.5% | ||
| Q3 24 | -7.9% | 6.2% | ||
| Q2 24 | -31.7% | 1.2% |
| Q1 26 | 26.0% | — | ||
| Q4 25 | 16.6% | 2.6% | ||
| Q3 25 | 39.5% | 3.6% | ||
| Q2 25 | 26.7% | 12.6% | ||
| Q1 25 | 20.0% | -1.3% | ||
| Q4 24 | 17.5% | 2.4% | ||
| Q3 24 | -6.7% | 3.9% | ||
| Q2 24 | -9.8% | 2.5% |
| Q1 26 | $0.44 | — | ||
| Q4 25 | $0.25 | $0.23 | ||
| Q3 25 | $0.50 | $0.31 | ||
| Q2 25 | $0.29 | $0.99 | ||
| Q1 25 | $0.18 | $-0.10 | ||
| Q4 24 | $1.23 | $0.18 | ||
| Q3 24 | $-0.05 | $0.30 | ||
| Q2 24 | $-0.05 | $0.17 |
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 | $377.0M |
| Total DebtLower is stronger | — | $25.7M |
| Stockholders' EquityBook value | $1.5B | $1.9B |
| Total Assets | $1.7B | $2.4B |
| Debt / EquityLower = less leverage | — | 0.01× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $148.3M | — | ||
| Q4 25 | $167.6M | $377.0M | ||
| Q3 25 | $140.4M | $386.4M | ||
| Q2 25 | $162.3M | $327.3M | ||
| Q1 25 | $86.4M | $343.9M | ||
| Q4 24 | $79.6M | $316.1M | ||
| Q3 24 | $126.1M | $319.3M | ||
| Q2 24 | $421.1M | $273.9M |
| Q1 26 | — | — | ||
| Q4 25 | — | $25.7M | ||
| Q3 25 | — | $24.9M | ||
| Q2 25 | — | $26.4M | ||
| Q1 25 | — | $20.5M | ||
| Q4 24 | — | $20.7M | ||
| Q3 24 | — | $22.2M | ||
| Q2 24 | — | $20.3M |
| Q1 26 | $1.5B | — | ||
| Q4 25 | $1.4B | $1.9B | ||
| Q3 25 | $1.3B | $1.9B | ||
| Q2 25 | $1.1B | $1.9B | ||
| Q1 25 | $1.0B | $1.8B | ||
| Q4 24 | $964.8M | $1.8B | ||
| Q3 24 | $889.6M | $1.8B | ||
| Q2 24 | $845.3M | $1.8B |
| Q1 26 | $1.7B | — | ||
| Q4 25 | $1.5B | $2.4B | ||
| Q3 25 | $1.4B | $2.5B | ||
| Q2 25 | $1.3B | $2.5B | ||
| Q1 25 | $1.1B | $2.4B | ||
| Q4 24 | $1.1B | $2.4B | ||
| Q3 24 | $983.1M | $2.4B | ||
| Q2 24 | $915.5M | $2.4B |
| Q1 26 | — | — | ||
| Q4 25 | — | 0.01× | ||
| Q3 25 | — | 0.01× | ||
| Q2 25 | — | 0.01× | ||
| Q1 25 | — | 0.01× | ||
| Q4 24 | — | 0.01× | ||
| Q3 24 | — | 0.01× | ||
| Q2 24 | — | 0.01× |
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 | $38.1M |
| Free Cash FlowOCF − Capex | — | $12.4M |
| FCF MarginFCF / Revenue | — | 3.2% |
| Capex IntensityCapex / Revenue | — | 6.6% |
| Cash ConversionOCF / Net Profit | 0.93× | 3.74× |
| TTM Free Cash FlowTrailing 4 quarters | — | $137.2M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $74.6M | — | ||
| Q4 25 | $95.3M | $38.1M | ||
| Q3 25 | $78.2M | $79.1M | ||
| Q2 25 | $135.4M | $41.5M | ||
| Q1 25 | $10.5M | $56.7M | ||
| Q4 24 | $39.7M | $81.8M | ||
| Q3 24 | $63.5M | $54.4M | ||
| Q2 24 | $29.8M | $14.4M |
| Q1 26 | — | — | ||
| Q4 25 | $76.6M | $12.4M | ||
| Q3 25 | $65.9M | $62.8M | ||
| Q2 25 | $133.3M | $21.1M | ||
| Q1 25 | $6.0M | $40.8M | ||
| Q4 24 | $24.3M | $62.1M | ||
| Q3 24 | $46.8M | $39.4M | ||
| Q2 24 | $28.5M | $-3.5M |
| Q1 26 | — | — | ||
| Q4 25 | 28.3% | 3.2% | ||
| Q3 25 | 28.6% | 16.0% | ||
| Q2 25 | 69.5% | 5.8% | ||
| Q1 25 | 3.7% | 12.3% | ||
| Q4 24 | 17.2% | 18.3% | ||
| Q3 24 | 41.4% | 11.2% | ||
| Q2 24 | 37.1% | -1.1% |
| Q1 26 | — | — | ||
| Q4 25 | 6.9% | 6.6% | ||
| Q3 25 | 5.3% | 4.2% | ||
| Q2 25 | 1.1% | 5.6% | ||
| Q1 25 | 2.8% | 4.8% | ||
| Q4 24 | 10.9% | 5.8% | ||
| Q3 24 | 14.8% | 4.3% | ||
| Q2 24 | 1.7% | 5.6% |
| Q1 26 | 0.93× | — | ||
| Q4 25 | 2.12× | 3.74× | ||
| Q3 25 | 0.86× | 5.54× | ||
| Q2 25 | 2.64× | 0.90× | ||
| Q1 25 | 0.33× | — | ||
| Q4 24 | 1.61× | 9.93× | ||
| Q3 24 | — | 3.95× | ||
| Q2 24 | — | 1.80× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
ALAB
Segment breakdown not available.
DIOD
| Distributor | $253.1M | 65% |
| Direct Sales | $138.5M | 35% |
