vs
Side-by-side financial comparison of Astera Labs, Inc. (ALAB) and Metallus Inc. (MTUS). Click either name above to swap in a different company.
Astera Labs, Inc. is the larger business by last-quarter revenue ($270.6M vs $267.3M, roughly 1.0× Metallus Inc.). Astera Labs, Inc. runs the higher net margin — 16.6% vs -5.3%, a 22.0% gap on every dollar of revenue. On growth, Astera Labs, Inc. posted the faster year-over-year revenue change (91.8% vs 11.1%). Astera Labs, Inc. produced more free cash flow last quarter ($76.6M vs $-37.2M). Over the past eight quarters, Astera Labs, Inc.'s revenue compounded faster (103.6% CAGR vs -8.8%).
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.
ALAB vs MTUS — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $270.6M | $267.3M |
| Net Profit | $45.0M | $-14.3M |
| Gross Margin | 75.6% | 2.2% |
| Operating Margin | 24.7% | -7.7% |
| Net Margin | 16.6% | -5.3% |
| Revenue YoY | 91.8% | 11.1% |
| Net Profit YoY | 82.0% | 33.2% |
| EPS (diluted) | $0.25 | $-0.34 |
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.
| Q4 25 | $270.6M | $267.3M | ||
| Q3 25 | $230.6M | $305.9M | ||
| Q2 25 | $191.9M | $304.6M | ||
| Q1 25 | $159.4M | $280.5M | ||
| Q4 24 | $141.1M | $240.5M | ||
| Q3 24 | $113.1M | $227.2M | ||
| Q2 24 | $76.8M | $294.7M | ||
| Q1 24 | $65.3M | $321.6M |
| Q4 25 | $45.0M | $-14.3M | ||
| Q3 25 | $91.1M | $8.1M | ||
| Q2 25 | $51.2M | $3.7M | ||
| Q1 25 | $31.8M | $1.3M | ||
| Q4 24 | $24.7M | $-21.4M | ||
| Q3 24 | $-7.6M | $-5.9M | ||
| Q2 24 | $-7.5M | $4.6M | ||
| Q1 24 | $-93.0M | $24.0M |
| Q4 25 | 75.6% | 2.2% | ||
| Q3 25 | 76.2% | 11.4% | ||
| Q2 25 | 75.8% | 10.6% | ||
| Q1 25 | 74.9% | 7.8% | ||
| Q4 24 | 74.0% | 4.5% | ||
| Q3 24 | 77.7% | 5.3% | ||
| Q2 24 | 77.9% | 8.2% | ||
| Q1 24 | 77.4% | 15.7% |
| Q4 25 | 24.7% | -7.7% | ||
| Q3 25 | 24.0% | 3.6% | ||
| Q2 25 | 20.7% | 2.8% | ||
| Q1 25 | 7.1% | 1.0% | ||
| Q4 24 | 0.1% | -10.1% | ||
| Q3 24 | -7.9% | -3.1% | ||
| Q2 24 | -31.7% | 2.1% | ||
| Q1 24 | -127.1% | 9.3% |
| Q4 25 | 16.6% | -5.3% | ||
| Q3 25 | 39.5% | 2.6% | ||
| Q2 25 | 26.7% | 1.2% | ||
| Q1 25 | 20.0% | 0.5% | ||
| Q4 24 | 17.5% | -8.9% | ||
| Q3 24 | -6.7% | -2.6% | ||
| Q2 24 | -9.8% | 1.6% | ||
| Q1 24 | -142.5% | 7.5% |
| Q4 25 | $0.25 | $-0.34 | ||
| Q3 25 | $0.50 | $0.19 | ||
| Q2 25 | $0.29 | $0.09 | ||
| Q1 25 | $0.18 | $0.03 | ||
| Q4 24 | $1.23 | $-0.46 | ||
| Q3 24 | $-0.05 | $-0.13 | ||
| Q2 24 | $-0.05 | $0.10 | ||
| Q1 24 | $-1.77 | $0.52 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $167.6M | $156.7M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $1.4B | $686.0M |
| Total Assets | $1.5B | $1.1B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $167.6M | $156.7M | ||
| Q3 25 | $140.4M | $191.5M | ||
| Q2 25 | $162.3M | $190.8M | ||
| Q1 25 | $86.4M | $180.3M | ||
| Q4 24 | $79.6M | $240.7M | ||
| Q3 24 | $126.1M | $254.6M | ||
| Q2 24 | $421.1M | $272.8M | ||
| Q1 24 | $696.1M | $278.1M |
| Q4 25 | — | — | ||
| Q3 25 | — | $0 | ||
| Q2 25 | — | $0 | ||
| Q1 25 | — | $5.4M | ||
| Q4 24 | — | $5.4M | ||
| Q3 24 | — | $13.2M | ||
| Q2 24 | — | $13.2M | ||
| Q1 24 | — | $13.2M |
| Q4 25 | $1.4B | $686.0M | ||
| Q3 25 | $1.3B | $697.7M | ||
| Q2 25 | $1.1B | $690.0M | ||
| Q1 25 | $1.0B | $686.1M | ||
| Q4 24 | $964.8M | $690.5M | ||
| Q3 24 | $889.6M | $712.7M | ||
| Q2 24 | $845.3M | $736.3M | ||
| Q1 24 | $808.8M | $739.3M |
| Q4 25 | $1.5B | $1.1B | ||
| Q3 25 | $1.4B | $1.2B | ||
| Q2 25 | $1.3B | $1.1B | ||
| Q1 25 | $1.1B | $1.1B | ||
| Q4 24 | $1.1B | $1.1B | ||
| Q3 24 | $983.1M | $1.1B | ||
| Q2 24 | $915.5M | $1.1B | ||
| Q1 24 | $864.9M | $1.2B |
| Q4 25 | — | — | ||
| Q3 25 | — | 0.00× | ||
| Q2 25 | — | 0.00× | ||
| Q1 25 | — | 0.01× | ||
| Q4 24 | — | 0.01× | ||
| Q3 24 | — | 0.02× | ||
| Q2 24 | — | 0.02× | ||
| Q1 24 | — | 0.02× |
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 | $95.3M | $-1.9M |
| Free Cash FlowOCF − Capex | $76.6M | $-37.2M |
| FCF MarginFCF / Revenue | 28.3% | -13.9% |
| Capex IntensityCapex / Revenue | 6.9% | 13.2% |
| Cash ConversionOCF / Net Profit | 2.12× | — |
| TTM Free Cash FlowTrailing 4 quarters | $281.8M | $-93.0M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $95.3M | $-1.9M | ||
| Q3 25 | $78.2M | $22.0M | ||
| Q2 25 | $135.4M | $34.8M | ||
| Q1 25 | $10.5M | $-38.9M | ||
| Q4 24 | $39.7M | $13.9M | ||
| Q3 24 | $63.5M | $-15.3M | ||
| Q2 24 | $29.8M | $8.3M | ||
| Q1 24 | $3.7M | $33.4M |
| Q4 25 | $76.6M | $-37.2M | ||
| Q3 25 | $65.9M | $-6.4M | ||
| Q2 25 | $133.3M | $17.0M | ||
| Q1 25 | $6.0M | $-66.4M | ||
| Q4 24 | $24.3M | $-1.3M | ||
| Q3 24 | $46.8M | $-32.9M | ||
| Q2 24 | $28.5M | $-5.8M | ||
| Q1 24 | $228.0K | $16.0M |
| Q4 25 | 28.3% | -13.9% | ||
| Q3 25 | 28.6% | -2.1% | ||
| Q2 25 | 69.5% | 5.6% | ||
| Q1 25 | 3.7% | -23.7% | ||
| Q4 24 | 17.2% | -0.5% | ||
| Q3 24 | 41.4% | -14.5% | ||
| Q2 24 | 37.1% | -2.0% | ||
| Q1 24 | 0.3% | 5.0% |
| Q4 25 | 6.9% | 13.2% | ||
| Q3 25 | 5.3% | 9.3% | ||
| Q2 25 | 1.1% | 5.8% | ||
| Q1 25 | 2.8% | 9.8% | ||
| Q4 24 | 10.9% | 6.3% | ||
| Q3 24 | 14.8% | 7.7% | ||
| Q2 24 | 1.7% | 4.8% | ||
| Q1 24 | 5.2% | 5.4% |
| Q4 25 | 2.12× | — | ||
| Q3 25 | 0.86× | 2.72× | ||
| Q2 25 | 2.64× | 9.41× | ||
| Q1 25 | 0.33× | -29.92× | ||
| Q4 24 | 1.61× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | 1.80× | ||
| Q1 24 | — | 1.39× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
ALAB
Segment breakdown not available.
MTUS
| Industrial Market Sector | $95.3M | 36% |
| Manufactured Components | $67.8M | 25% |
| Aerospace And Defense | $39.6M | 15% |
| Seamless Mechanical Tubing | $31.3M | 12% |
| Energy Market Sector | $18.3M | 7% |
| Other | $11.3M | 4% |
| Other Market Sector | $3.7M | 1% |
