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

INNOSPEC INC. is the larger business by last-quarter revenue ($455.6M vs $270.6M, roughly 1.7× Astera Labs, Inc.). Astera Labs, Inc. runs the higher net margin — 16.6% vs 10.4%, a 6.2% gap on every dollar of revenue. On growth, Astera Labs, Inc. posted the faster year-over-year revenue change (91.8% vs -2.4%). Astera Labs, Inc. produced more free cash flow last quarter ($76.6M vs $46.8M). Over the past eight quarters, Astera Labs, Inc.'s revenue compounded faster (103.6% CAGR vs -4.6%).

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.

Innospec Inc., formerly known as Octel Corporation and Associated Octel Company, Ltd., is an American specialty chemical company. It comprises three business units:The Performance Chemicals business trades in the personal care, home care, agrochemical, mining and industrial markets. The Fuel Specialties business specializes in manufacturing and supplying fuel additives. The Oilfield Services business supplies drilling, completion and production chemicals.

ALAB vs IOSP — Head-to-Head

Bigger by revenue
IOSP
IOSP
1.7× larger
IOSP
$455.6M
$270.6M
ALAB
Growing faster (revenue YoY)
ALAB
ALAB
+94.2% gap
ALAB
91.8%
-2.4%
IOSP
Higher net margin
ALAB
ALAB
6.2% more per $
ALAB
16.6%
10.4%
IOSP
More free cash flow
ALAB
ALAB
$29.8M more FCF
ALAB
$76.6M
$46.8M
IOSP
Faster 2-yr revenue CAGR
ALAB
ALAB
Annualised
ALAB
103.6%
-4.6%
IOSP

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
ALAB
ALAB
IOSP
IOSP
Revenue
$270.6M
$455.6M
Net Profit
$45.0M
$47.4M
Gross Margin
75.6%
28.0%
Operating Margin
24.7%
10.3%
Net Margin
16.6%
10.4%
Revenue YoY
91.8%
-2.4%
Net Profit YoY
82.0%
167.3%
EPS (diluted)
$0.25
$1.90

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
IOSP
IOSP
Q4 25
$270.6M
$455.6M
Q3 25
$230.6M
$441.9M
Q2 25
$191.9M
$439.7M
Q1 25
$159.4M
$440.8M
Q4 24
$141.1M
$466.8M
Q3 24
$113.1M
$443.4M
Q2 24
$76.8M
$435.0M
Q1 24
$65.3M
$500.2M
Net Profit
ALAB
ALAB
IOSP
IOSP
Q4 25
$45.0M
$47.4M
Q3 25
$91.1M
$12.9M
Q2 25
$51.2M
$23.5M
Q1 25
$31.8M
$32.8M
Q4 24
$24.7M
$-70.4M
Q3 24
$-7.6M
$33.4M
Q2 24
$-7.5M
$31.2M
Q1 24
$-93.0M
$41.4M
Gross Margin
ALAB
ALAB
IOSP
IOSP
Q4 25
75.6%
28.0%
Q3 25
76.2%
26.4%
Q2 25
75.8%
28.0%
Q1 25
74.9%
28.4%
Q4 24
74.0%
29.2%
Q3 24
77.7%
28.0%
Q2 24
77.9%
29.2%
Q1 24
77.4%
31.1%
Operating Margin
ALAB
ALAB
IOSP
IOSP
Q4 25
24.7%
10.3%
Q3 25
24.0%
1.3%
Q2 25
20.7%
7.8%
Q1 25
7.1%
9.6%
Q4 24
0.1%
8.8%
Q3 24
-7.9%
10.3%
Q2 24
-31.7%
9.4%
Q1 24
-127.1%
10.1%
Net Margin
ALAB
ALAB
IOSP
IOSP
Q4 25
16.6%
10.4%
Q3 25
39.5%
2.9%
Q2 25
26.7%
5.3%
Q1 25
20.0%
7.4%
Q4 24
17.5%
-15.1%
Q3 24
-6.7%
7.5%
Q2 24
-9.8%
7.2%
Q1 24
-142.5%
8.3%
EPS (diluted)
ALAB
ALAB
IOSP
IOSP
Q4 25
$0.25
$1.90
Q3 25
$0.50
$0.52
Q2 25
$0.29
$0.94
Q1 25
$0.18
$1.31
Q4 24
$1.23
$-2.80
Q3 24
$-0.05
$1.33
Q2 24
$-0.05
$1.24
Q1 24
$-1.77
$1.65

Balance Sheet & Financial Strength

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

Metric
ALAB
ALAB
IOSP
IOSP
Cash + ST InvestmentsLiquidity on hand
$167.6M
$292.5M
Total DebtLower is stronger
Stockholders' EquityBook value
$1.4B
$1.3B
Total Assets
$1.5B
$1.8B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ALAB
ALAB
IOSP
IOSP
Q4 25
$167.6M
$292.5M
Q3 25
$140.4M
$270.8M
Q2 25
$162.3M
$266.6M
Q1 25
$86.4M
$299.8M
Q4 24
$79.6M
$289.2M
Q3 24
$126.1M
$303.8M
Q2 24
$421.1M
$240.2M
Q1 24
$696.1M
$270.1M
Stockholders' Equity
ALAB
ALAB
IOSP
IOSP
Q4 25
$1.4B
$1.3B
Q3 25
$1.3B
$1.3B
Q2 25
$1.1B
$1.3B
Q1 25
$1.0B
$1.3B
Q4 24
$964.8M
$1.2B
Q3 24
$889.6M
$1.2B
Q2 24
$845.3M
$1.2B
Q1 24
$808.8M
$1.2B
Total Assets
ALAB
ALAB
IOSP
IOSP
Q4 25
$1.5B
$1.8B
Q3 25
$1.4B
$1.8B
Q2 25
$1.3B
$1.8B
Q1 25
$1.1B
$1.8B
Q4 24
$1.1B
$1.7B
Q3 24
$983.1M
$1.8B
Q2 24
$915.5M
$1.7B
Q1 24
$864.9M
$1.7B

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
IOSP
IOSP
Operating Cash FlowLast quarter
$95.3M
$61.4M
Free Cash FlowOCF − Capex
$76.6M
$46.8M
FCF MarginFCF / Revenue
28.3%
10.3%
Capex IntensityCapex / Revenue
6.9%
3.2%
Cash ConversionOCF / Net Profit
2.12×
1.30×
TTM Free Cash FlowTrailing 4 quarters
$281.8M
$88.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ALAB
ALAB
IOSP
IOSP
Q4 25
$95.3M
$61.4M
Q3 25
$78.2M
$39.3M
Q2 25
$135.4M
$9.3M
Q1 25
$10.5M
$28.3M
Q4 24
$39.7M
$25.7M
Q3 24
$63.5M
$73.5M
Q2 24
$29.8M
$4.7M
Q1 24
$3.7M
$80.6M
Free Cash Flow
ALAB
ALAB
IOSP
IOSP
Q4 25
$76.6M
$46.8M
Q3 25
$65.9M
$25.0M
Q2 25
$133.3M
$-3.7M
Q1 25
$6.0M
$19.9M
Q4 24
$24.3M
$13.6M
Q3 24
$46.8M
$65.8M
Q2 24
$28.5M
$-6.2M
Q1 24
$228.0K
$69.9M
FCF Margin
ALAB
ALAB
IOSP
IOSP
Q4 25
28.3%
10.3%
Q3 25
28.6%
5.7%
Q2 25
69.5%
-0.8%
Q1 25
3.7%
4.5%
Q4 24
17.2%
2.9%
Q3 24
41.4%
14.8%
Q2 24
37.1%
-1.4%
Q1 24
0.3%
14.0%
Capex Intensity
ALAB
ALAB
IOSP
IOSP
Q4 25
6.9%
3.2%
Q3 25
5.3%
3.2%
Q2 25
1.1%
3.0%
Q1 25
2.8%
1.9%
Q4 24
10.9%
2.6%
Q3 24
14.8%
1.7%
Q2 24
1.7%
2.5%
Q1 24
5.2%
2.1%
Cash Conversion
ALAB
ALAB
IOSP
IOSP
Q4 25
2.12×
1.30×
Q3 25
0.86×
3.05×
Q2 25
2.64×
0.40×
Q1 25
0.33×
0.86×
Q4 24
1.61×
Q3 24
2.20×
Q2 24
0.15×
Q1 24
1.95×

Financial Flow Comparison

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

Revenue Breakdown by Segment

ALAB
ALAB

Segment breakdown not available.

IOSP
IOSP

Refinery And Performance$147.0M32%
Personal Care$99.7M22%
Oilfield Services$93.1M20%
Other Fuel Specialties$47.1M10%
Other Performance Chemicals$40.0M9%
Home Care$28.7M6%

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