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Side-by-side financial comparison of Astera Labs, Inc. (ALAB) and INSTEEL INDUSTRIES INC (IIIN). Click either name above to swap in a different company.

Astera Labs, Inc. is the larger business by last-quarter revenue ($270.6M vs $159.9M, roughly 1.7× INSTEEL INDUSTRIES INC). Astera Labs, Inc. runs the higher net margin — 16.6% vs 4.7%, a 11.9% gap on every dollar of revenue. On growth, Astera Labs, Inc. posted the faster year-over-year revenue change (91.8% vs 23.3%). Astera Labs, Inc. produced more free cash flow last quarter ($76.6M vs $-2.2M). Over the past eight quarters, Astera Labs, Inc.'s revenue compounded faster (103.6% CAGR vs 12.0%).

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.

Insteel Industries Inc is a leading U.S. manufacturer of steel reinforcing products including welded wire reinforcement and steel fibers. It primarily serves non-residential construction, infrastructure, and precast concrete segments across North America, delivering high-performance reinforcement solutions for various construction projects.

ALAB vs IIIN — Head-to-Head

Bigger by revenue
ALAB
ALAB
1.7× larger
ALAB
$270.6M
$159.9M
IIIN
Growing faster (revenue YoY)
ALAB
ALAB
+68.5% gap
ALAB
91.8%
23.3%
IIIN
Higher net margin
ALAB
ALAB
11.9% more per $
ALAB
16.6%
4.7%
IIIN
More free cash flow
ALAB
ALAB
$78.8M more FCF
ALAB
$76.6M
$-2.2M
IIIN
Faster 2-yr revenue CAGR
ALAB
ALAB
Annualised
ALAB
103.6%
12.0%
IIIN

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
ALAB
ALAB
IIIN
IIIN
Revenue
$270.6M
$159.9M
Net Profit
$45.0M
$7.6M
Gross Margin
75.6%
11.3%
Operating Margin
24.7%
6.0%
Net Margin
16.6%
4.7%
Revenue YoY
91.8%
23.3%
Net Profit YoY
82.0%
602.4%
EPS (diluted)
$0.25
$0.39

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
IIIN
IIIN
Q4 25
$270.6M
$159.9M
Q3 25
$230.6M
$177.4M
Q2 25
$191.9M
$179.9M
Q1 25
$159.4M
$160.7M
Q4 24
$141.1M
$129.7M
Q3 24
$113.1M
$134.3M
Q2 24
$76.8M
$145.8M
Q1 24
$65.3M
$127.4M
Net Profit
ALAB
ALAB
IIIN
IIIN
Q4 25
$45.0M
$7.6M
Q3 25
$91.1M
$14.6M
Q2 25
$51.2M
$15.2M
Q1 25
$31.8M
$10.2M
Q4 24
$24.7M
$1.1M
Q3 24
$-7.6M
$4.7M
Q2 24
$-7.5M
$6.6M
Q1 24
$-93.0M
$6.9M
Gross Margin
ALAB
ALAB
IIIN
IIIN
Q4 25
75.6%
11.3%
Q3 25
76.2%
16.1%
Q2 25
75.8%
17.1%
Q1 25
74.9%
15.3%
Q4 24
74.0%
7.3%
Q3 24
77.7%
9.1%
Q2 24
77.9%
10.6%
Q1 24
77.4%
12.3%
Operating Margin
ALAB
ALAB
IIIN
IIIN
Q4 25
24.7%
6.0%
Q3 25
24.0%
10.8%
Q2 25
20.7%
11.0%
Q1 25
7.1%
8.3%
Q4 24
0.1%
1.1%
Q3 24
-7.9%
4.5%
Q2 24
-31.7%
6.0%
Q1 24
-127.1%
7.0%
Net Margin
ALAB
ALAB
IIIN
IIIN
Q4 25
16.6%
4.7%
Q3 25
39.5%
8.2%
Q2 25
26.7%
8.4%
Q1 25
20.0%
6.4%
Q4 24
17.5%
0.8%
Q3 24
-6.7%
3.5%
Q2 24
-9.8%
4.5%
Q1 24
-142.5%
5.4%
EPS (diluted)
ALAB
ALAB
IIIN
IIIN
Q4 25
$0.25
$0.39
Q3 25
$0.50
$0.74
Q2 25
$0.29
$0.78
Q1 25
$0.18
$0.52
Q4 24
$1.23
$0.06
Q3 24
$-0.05
$0.24
Q2 24
$-0.05
$0.34
Q1 24
$-1.77
$0.35

Balance Sheet & Financial Strength

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

Metric
ALAB
ALAB
IIIN
IIIN
Cash + ST InvestmentsLiquidity on hand
$167.6M
$15.6M
Total DebtLower is stronger
Stockholders' EquityBook value
$1.4B
$358.8M
Total Assets
$1.5B
$456.1M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ALAB
ALAB
IIIN
IIIN
Q4 25
$167.6M
$15.6M
Q3 25
$140.4M
$38.6M
Q2 25
$162.3M
$53.7M
Q1 25
$86.4M
$28.4M
Q4 24
$79.6M
$36.0M
Q3 24
$126.1M
$111.5M
Q2 24
$421.1M
$97.7M
Q1 24
$696.1M
$83.9M
Stockholders' Equity
ALAB
ALAB
IIIN
IIIN
Q4 25
$1.4B
$358.8M
Q3 25
$1.3B
$371.5M
Q2 25
$1.1B
$356.2M
Q1 25
$1.0B
$341.4M
Q4 24
$964.8M
$331.6M
Q3 24
$889.6M
$350.9M
Q2 24
$845.3M
$346.0M
Q1 24
$808.8M
$340.6M
Total Assets
ALAB
ALAB
IIIN
IIIN
Q4 25
$1.5B
$456.1M
Q3 25
$1.4B
$462.6M
Q2 25
$1.3B
$471.9M
Q1 25
$1.1B
$421.9M
Q4 24
$1.1B
$404.7M
Q3 24
$983.1M
$422.6M
Q2 24
$915.5M
$414.6M
Q1 24
$864.9M
$397.2M

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
IIIN
IIIN
Operating Cash FlowLast quarter
$95.3M
$-701.0K
Free Cash FlowOCF − Capex
$76.6M
$-2.2M
FCF MarginFCF / Revenue
28.3%
-1.4%
Capex IntensityCapex / Revenue
6.9%
0.9%
Cash ConversionOCF / Net Profit
2.12×
-0.09×
TTM Free Cash FlowTrailing 4 quarters
$281.8M
$439.0K

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ALAB
ALAB
IIIN
IIIN
Q4 25
$95.3M
$-701.0K
Q3 25
$78.2M
$-17.0M
Q2 25
$135.4M
$28.5M
Q1 25
$10.5M
$-3.3M
Q4 24
$39.7M
$19.0M
Q3 24
$63.5M
$16.2M
Q2 24
$29.8M
$18.8M
Q1 24
$3.7M
$1.4M
Free Cash Flow
ALAB
ALAB
IIIN
IIIN
Q4 25
$76.6M
$-2.2M
Q3 25
$65.9M
$-18.7M
Q2 25
$133.3M
$26.9M
Q1 25
$6.0M
$-5.5M
Q4 24
$24.3M
$16.3M
Q3 24
$46.8M
$14.5M
Q2 24
$28.5M
$15.5M
Q1 24
$228.0K
$-580.0K
FCF Margin
ALAB
ALAB
IIIN
IIIN
Q4 25
28.3%
-1.4%
Q3 25
28.6%
-10.6%
Q2 25
69.5%
15.0%
Q1 25
3.7%
-3.5%
Q4 24
17.2%
12.6%
Q3 24
41.4%
10.8%
Q2 24
37.1%
10.7%
Q1 24
0.3%
-0.5%
Capex Intensity
ALAB
ALAB
IIIN
IIIN
Q4 25
6.9%
0.9%
Q3 25
5.3%
1.0%
Q2 25
1.1%
0.9%
Q1 25
2.8%
1.4%
Q4 24
10.9%
2.1%
Q3 24
14.8%
1.3%
Q2 24
1.7%
2.2%
Q1 24
5.2%
1.5%
Cash Conversion
ALAB
ALAB
IIIN
IIIN
Q4 25
2.12×
-0.09×
Q3 25
0.86×
-1.17×
Q2 25
2.64×
1.88×
Q1 25
0.33×
-0.32×
Q4 24
1.61×
17.56×
Q3 24
3.48×
Q2 24
2.86×
Q1 24
0.20×

Financial Flow Comparison

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

Revenue Breakdown by Segment

ALAB
ALAB

Segment breakdown not available.

IIIN
IIIN

Welded Wire Reinforcement$108.4M68%
PC Strand$51.6M32%

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