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Side-by-side financial comparison of Astera Labs, Inc. (ALAB) and FLAGSTAR BANK, NATIONAL ASSOCIATION (FLG). Click either name above to swap in a different company.

FLAGSTAR BANK, NATIONAL ASSOCIATION is the larger business by last-quarter revenue ($498.0M vs $308.4M, roughly 1.6× Astera Labs, Inc.). Astera Labs, Inc. runs the higher net margin — 26.0% vs 4.2%, a 21.8% gap on every dollar of revenue. On growth, Astera Labs, Inc. posted the faster year-over-year revenue change (93.4% vs 1.6%). Over the past eight quarters, Astera Labs, Inc.'s revenue compounded faster (100.3% CAGR vs -18.0%).

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.

Flagstar Bank was an American commercial bank headquartered in Troy, Michigan. The bank was founded in 1987 and operated as a consumer and commercial bank, mortgage lender, and offered financial services. Flagstar Bancorp, Inc. was acquired by New York Community Bancorp, Inc. on December 1, 2022. New York Community Bancorp subsequently rebranded all of its branches under the Flagstar name and changed its name to Flagstar Financial in 2024. In a corporate restructuring in 2025 Flagstar Financi...

ALAB vs FLG — Head-to-Head

Bigger by revenue
FLG
FLG
1.6× larger
FLG
$498.0M
$308.4M
ALAB
Growing faster (revenue YoY)
ALAB
ALAB
+91.8% gap
ALAB
93.4%
1.6%
FLG
Higher net margin
ALAB
ALAB
21.8% more per $
ALAB
26.0%
4.2%
FLG
Faster 2-yr revenue CAGR
ALAB
ALAB
Annualised
ALAB
100.3%
-18.0%
FLG

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
ALAB
ALAB
FLG
FLG
Revenue
$308.4M
$498.0M
Net Profit
$80.3M
$21.0M
Gross Margin
76.3%
Operating Margin
20.1%
11.4%
Net Margin
26.0%
4.2%
Revenue YoY
93.4%
1.6%
Net Profit YoY
152.4%
-38.1%
EPS (diluted)
$0.44
$0.03

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
FLG
FLG
Q1 26
$308.4M
$498.0M
Q4 25
$270.6M
Q3 25
$230.6M
$425.0M
Q2 25
$191.9M
$419.0M
Q1 25
$159.4M
Q4 24
$141.1M
$461.0M
Q3 24
$113.1M
$510.0M
Q2 24
$76.8M
$557.0M
Net Profit
ALAB
ALAB
FLG
FLG
Q1 26
$80.3M
$21.0M
Q4 25
$45.0M
Q3 25
$91.1M
$-36.0M
Q2 25
$51.2M
$-70.0M
Q1 25
$31.8M
Q4 24
$24.7M
$-188.0M
Q3 24
$-7.6M
$-280.0M
Q2 24
$-7.5M
$-323.0M
Gross Margin
ALAB
ALAB
FLG
FLG
Q1 26
76.3%
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%
Operating Margin
ALAB
ALAB
FLG
FLG
Q1 26
20.1%
11.4%
Q4 25
24.7%
Q3 25
24.0%
-9.6%
Q2 25
20.7%
-19.3%
Q1 25
7.1%
Q4 24
0.1%
-51.6%
Q3 24
-7.9%
-65.7%
Q2 24
-31.7%
-76.1%
Net Margin
ALAB
ALAB
FLG
FLG
Q1 26
26.0%
4.2%
Q4 25
16.6%
Q3 25
39.5%
-8.5%
Q2 25
26.7%
-16.7%
Q1 25
20.0%
Q4 24
17.5%
-40.8%
Q3 24
-6.7%
-54.9%
Q2 24
-9.8%
-58.0%
EPS (diluted)
ALAB
ALAB
FLG
FLG
Q1 26
$0.44
$0.03
Q4 25
$0.25
Q3 25
$0.50
$-0.11
Q2 25
$0.29
$-0.19
Q1 25
$0.18
Q4 24
$1.23
$-1.11
Q3 24
$-0.05
$-0.79
Q2 24
$-0.05
$-1.14

Balance Sheet & Financial Strength

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

Metric
ALAB
ALAB
FLG
FLG
Cash + ST InvestmentsLiquidity on hand
$148.3M
Total DebtLower is stronger
Stockholders' EquityBook value
$1.5B
$8.1B
Total Assets
$1.7B
$87.1B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ALAB
ALAB
FLG
FLG
Q1 26
$148.3M
Q4 25
$167.6M
Q3 25
$140.4M
$23.6B
Q2 25
$162.3M
$22.9B
Q1 25
$86.4M
Q4 24
$79.6M
$25.8B
Q3 24
$126.1M
$33.6B
Q2 24
$421.1M
$29.5B
Total Debt
ALAB
ALAB
FLG
FLG
Q1 26
Q4 25
Q3 25
$13.2B
Q2 25
$13.2B
Q1 25
Q4 24
$14.4B
Q3 24
$20.3B
Q2 24
$28.9B
Stockholders' Equity
ALAB
ALAB
FLG
FLG
Q1 26
$1.5B
$8.1B
Q4 25
$1.4B
Q3 25
$1.3B
$8.1B
Q2 25
$1.1B
$8.1B
Q1 25
$1.0B
Q4 24
$964.8M
$8.2B
Q3 24
$889.6M
$8.6B
Q2 24
$845.3M
$8.4B
Total Assets
ALAB
ALAB
FLG
FLG
Q1 26
$1.7B
$87.1B
Q4 25
$1.5B
Q3 25
$1.4B
$91.7B
Q2 25
$1.3B
$92.2B
Q1 25
$1.1B
Q4 24
$1.1B
$100.2B
Q3 24
$983.1M
$114.4B
Q2 24
$915.5M
$119.1B
Debt / Equity
ALAB
ALAB
FLG
FLG
Q1 26
Q4 25
Q3 25
1.63×
Q2 25
1.63×
Q1 25
Q4 24
1.77×
Q3 24
2.37×
Q2 24
3.44×

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
FLG
FLG
Operating Cash FlowLast quarter
$74.6M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
0.93×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ALAB
ALAB
FLG
FLG
Q1 26
$74.6M
Q4 25
$95.3M
Q3 25
$78.2M
$243.0M
Q2 25
$135.4M
Q1 25
$10.5M
Q4 24
$39.7M
$623.0M
Q3 24
$63.5M
$-1.0B
Q2 24
$29.8M
$796.0M
Free Cash Flow
ALAB
ALAB
FLG
FLG
Q1 26
Q4 25
$76.6M
Q3 25
$65.9M
Q2 25
$133.3M
Q1 25
$6.0M
Q4 24
$24.3M
Q3 24
$46.8M
Q2 24
$28.5M
FCF Margin
ALAB
ALAB
FLG
FLG
Q1 26
Q4 25
28.3%
Q3 25
28.6%
Q2 25
69.5%
Q1 25
3.7%
Q4 24
17.2%
Q3 24
41.4%
Q2 24
37.1%
Capex Intensity
ALAB
ALAB
FLG
FLG
Q1 26
Q4 25
6.9%
Q3 25
5.3%
Q2 25
1.1%
Q1 25
2.8%
Q4 24
10.9%
Q3 24
14.8%
Q2 24
1.7%
Cash Conversion
ALAB
ALAB
FLG
FLG
Q1 26
0.93×
Q4 25
2.12×
Q3 25
0.86×
Q2 25
2.64×
Q1 25
0.33×
Q4 24
1.61×
Q3 24
Q2 24

Financial Flow Comparison

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

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