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Side-by-side financial comparison of Astera Labs, Inc. (ALAB) and Hillenbrand, Inc. (HI). Click either name above to swap in a different company.
Hillenbrand, Inc. is the larger business by last-quarter revenue ($550.2M vs $308.4M, roughly 1.8× Astera Labs, Inc.). Astera Labs, Inc. runs the higher net margin — 26.0% vs -0.4%, a 26.4% gap on every dollar of revenue. On growth, Astera Labs, Inc. posted the faster year-over-year revenue change (93.4% vs -22.2%). Over the past eight quarters, Astera Labs, Inc.'s revenue compounded faster (100.3% CAGR vs -16.3%).
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.
Hillenbrand, Inc. is a global diversified industrial firm that designs, manufactures, and distributes specialized processing equipment and durable industrial solutions. It serves food & beverage, agriculture, manufacturing, waste management sectors, with operations across North America, Europe, and APAC.
ALAB vs HI — Head-to-Head
Income Statement — Q1 FY2026 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $308.4M | $550.2M |
| Net Profit | $80.3M | $-2.2M |
| Gross Margin | 76.3% | 33.4% |
| Operating Margin | 20.1% | -2.2% |
| Net Margin | 26.0% | -0.4% |
| Revenue YoY | 93.4% | -22.2% |
| Net Profit YoY | 152.4% | -134.4% |
| EPS (diluted) | $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.
| Q1 26 | $308.4M | — | ||
| Q4 25 | $270.6M | $550.2M | ||
| Q3 25 | $230.6M | $652.1M | ||
| Q2 25 | $191.9M | $598.9M | ||
| Q1 25 | $159.4M | $715.9M | ||
| Q4 24 | $141.1M | $706.9M | ||
| Q3 24 | $113.1M | $837.6M | ||
| Q2 24 | $76.8M | $786.6M |
| Q1 26 | $80.3M | — | ||
| Q4 25 | $45.0M | $-2.2M | ||
| Q3 25 | $91.1M | $75.7M | ||
| Q2 25 | $51.2M | $1.9M | ||
| Q1 25 | $31.8M | $-40.9M | ||
| Q4 24 | $24.7M | $6.4M | ||
| Q3 24 | $-7.6M | $14.6M | ||
| Q2 24 | $-7.5M | $-248.9M |
| Q1 26 | 76.3% | — | ||
| Q4 25 | 75.6% | 33.4% | ||
| Q3 25 | 76.2% | 34.8% | ||
| Q2 25 | 75.8% | 33.8% | ||
| Q1 25 | 74.9% | 33.0% | ||
| Q4 24 | 74.0% | 33.2% | ||
| Q3 24 | 77.7% | 34.4% | ||
| Q2 24 | 77.9% | 33.9% |
| Q1 26 | 20.1% | — | ||
| Q4 25 | 24.7% | -2.2% | ||
| Q3 25 | 24.0% | — | ||
| Q2 25 | 20.7% | 1.8% | ||
| Q1 25 | 7.1% | -6.2% | ||
| Q4 24 | 0.1% | 2.2% | ||
| Q3 24 | -7.9% | — | ||
| Q2 24 | -31.7% | -32.7% |
| Q1 26 | 26.0% | — | ||
| Q4 25 | 16.6% | -0.4% | ||
| Q3 25 | 39.5% | 11.6% | ||
| Q2 25 | 26.7% | 0.3% | ||
| Q1 25 | 20.0% | -5.7% | ||
| Q4 24 | 17.5% | 0.9% | ||
| Q3 24 | -6.7% | 1.7% | ||
| Q2 24 | -9.8% | -31.6% |
| Q1 26 | $0.44 | — | ||
| Q4 25 | $0.25 | — | ||
| Q3 25 | $0.50 | $1.07 | ||
| Q2 25 | $0.29 | $0.03 | ||
| Q1 25 | $0.18 | $-0.58 | ||
| Q4 24 | $1.23 | $0.09 | ||
| Q3 24 | $-0.05 | $0.20 | ||
| Q2 24 | $-0.05 | $-3.53 |
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 | $173.1M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $1.5B | $1.4B |
| Total Assets | $1.7B | $4.5B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $148.3M | — | ||
| Q4 25 | $167.6M | $173.1M | ||
| Q3 25 | $140.4M | $164.8M | ||
| Q2 25 | $162.3M | $162.8M | ||
| Q1 25 | $86.4M | $458.4M | ||
| Q4 24 | $79.6M | $208.0M | ||
| Q3 24 | $126.1M | $199.3M | ||
| Q2 24 | $421.1M | $223.8M |
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | $1.5B | ||
| Q2 25 | — | $1.7B | ||
| Q1 25 | — | $1.9B | ||
| Q4 24 | — | $1.9B | ||
| Q3 24 | — | $1.9B | ||
| Q2 24 | — | $2.1B |
| Q1 26 | $1.5B | — | ||
| Q4 25 | $1.4B | $1.4B | ||
| Q3 25 | $1.3B | $1.4B | ||
| Q2 25 | $1.1B | $1.3B | ||
| Q1 25 | $1.0B | $1.3B | ||
| Q4 24 | $964.8M | $1.4B | ||
| Q3 24 | $889.6M | $1.4B | ||
| Q2 24 | $845.3M | $1.4B |
| Q1 26 | $1.7B | — | ||
| Q4 25 | $1.5B | $4.5B | ||
| Q3 25 | $1.4B | $4.5B | ||
| Q2 25 | $1.3B | $4.7B | ||
| Q1 25 | $1.1B | $4.8B | ||
| Q4 24 | $1.1B | $5.1B | ||
| Q3 24 | $983.1M | $5.2B | ||
| Q2 24 | $915.5M | $5.3B |
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | 1.10× | ||
| Q2 25 | — | 1.27× | ||
| Q1 25 | — | 1.44× | ||
| Q4 24 | — | 1.38× | ||
| Q3 24 | — | 1.33× | ||
| Q2 24 | — | 1.48× |
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 | $-27.4M |
| Free Cash FlowOCF − Capex | — | $-31.6M |
| FCF MarginFCF / Revenue | — | -5.7% |
| Capex IntensityCapex / Revenue | — | 0.8% |
| Cash ConversionOCF / Net Profit | 0.93× | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $7.8M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $74.6M | — | ||
| Q4 25 | $95.3M | $-27.4M | ||
| Q3 25 | $78.2M | $67.7M | ||
| Q2 25 | $135.4M | $-1.5M | ||
| Q1 25 | $10.5M | $1.3M | ||
| Q4 24 | $39.7M | $-11.3M | ||
| Q3 24 | $63.5M | $166.5M | ||
| Q2 24 | $29.8M | $45.6M |
| Q1 26 | — | — | ||
| Q4 25 | $76.6M | $-31.6M | ||
| Q3 25 | $65.9M | $58.6M | ||
| Q2 25 | $133.3M | $-11.2M | ||
| Q1 25 | $6.0M | $-8.0M | ||
| Q4 24 | $24.3M | $-21.5M | ||
| Q3 24 | $46.8M | $153.4M | ||
| Q2 24 | $28.5M | $29.7M |
| Q1 26 | — | — | ||
| Q4 25 | 28.3% | -5.7% | ||
| Q3 25 | 28.6% | 9.0% | ||
| Q2 25 | 69.5% | -1.9% | ||
| Q1 25 | 3.7% | -1.1% | ||
| Q4 24 | 17.2% | -3.0% | ||
| Q3 24 | 41.4% | 18.3% | ||
| Q2 24 | 37.1% | 3.8% |
| Q1 26 | — | — | ||
| Q4 25 | 6.9% | 0.8% | ||
| Q3 25 | 5.3% | 1.4% | ||
| Q2 25 | 1.1% | 1.6% | ||
| Q1 25 | 2.8% | 1.3% | ||
| Q4 24 | 10.9% | 1.4% | ||
| Q3 24 | 14.8% | 1.6% | ||
| Q2 24 | 1.7% | 2.0% |
| Q1 26 | 0.93× | — | ||
| Q4 25 | 2.12× | — | ||
| Q3 25 | 0.86× | 0.89× | ||
| Q2 25 | 2.64× | -0.79× | ||
| Q1 25 | 0.33× | — | ||
| Q4 24 | 1.61× | -1.77× | ||
| Q3 24 | — | 11.40× | ||
| Q2 24 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
ALAB
Segment breakdown not available.
HI
| Transferred At Point In Time | $256.5M | 47% |
| Transferred Over Time | $207.1M | 38% |
| Molding Technology Solutions | $86.6M | 16% |
