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Side-by-side financial comparison of Astera Labs, Inc. (ALAB) and CPI Card Group Inc. (PMTS). Click either name above to swap in a different company.

Astera Labs, Inc. is the larger business by last-quarter revenue ($270.6M vs $153.1M, roughly 1.8× CPI Card Group Inc.). Astera Labs, Inc. runs the higher net margin — 16.6% vs 4.8%, a 11.8% gap on every dollar of revenue. On growth, Astera Labs, Inc. posted the faster year-over-year revenue change (91.8% vs 22.3%). Astera Labs, Inc. produced more free cash flow last quarter ($76.6M vs $35.2M). Over the past eight quarters, Astera Labs, Inc.'s revenue compounded faster (103.6% CAGR vs 16.9%).

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.

CPI Card Group Inc. is a leading provider of payment card production and associated solutions, including contactless and contact credit/debit cards, prepaid cards, and card personalization services. It primarily serves financial institutions, fintech firms, and retail brands across its core North American market.

ALAB vs PMTS — Head-to-Head

Bigger by revenue
ALAB
ALAB
1.8× larger
ALAB
$270.6M
$153.1M
PMTS
Growing faster (revenue YoY)
ALAB
ALAB
+69.4% gap
ALAB
91.8%
22.3%
PMTS
Higher net margin
ALAB
ALAB
11.8% more per $
ALAB
16.6%
4.8%
PMTS
More free cash flow
ALAB
ALAB
$41.4M more FCF
ALAB
$76.6M
$35.2M
PMTS
Faster 2-yr revenue CAGR
ALAB
ALAB
Annualised
ALAB
103.6%
16.9%
PMTS

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
ALAB
ALAB
PMTS
PMTS
Revenue
$270.6M
$153.1M
Net Profit
$45.0M
$7.3M
Gross Margin
75.6%
31.5%
Operating Margin
24.7%
12.0%
Net Margin
16.6%
4.8%
Revenue YoY
91.8%
22.3%
Net Profit YoY
82.0%
8.5%
EPS (diluted)
$0.25
$0.62

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
PMTS
PMTS
Q4 25
$270.6M
$153.1M
Q3 25
$230.6M
$138.0M
Q2 25
$191.9M
$129.8M
Q1 25
$159.4M
$122.8M
Q4 24
$141.1M
$125.1M
Q3 24
$113.1M
$124.8M
Q2 24
$76.8M
$118.8M
Q1 24
$65.3M
$111.9M
Net Profit
ALAB
ALAB
PMTS
PMTS
Q4 25
$45.0M
$7.3M
Q3 25
$91.1M
$2.3M
Q2 25
$51.2M
$518.0K
Q1 25
$31.8M
$4.8M
Q4 24
$24.7M
$6.8M
Q3 24
$-7.6M
$1.3M
Q2 24
$-7.5M
$6.0M
Q1 24
$-93.0M
$5.5M
Gross Margin
ALAB
ALAB
PMTS
PMTS
Q4 25
75.6%
31.5%
Q3 25
76.2%
29.7%
Q2 25
75.8%
30.9%
Q1 25
74.9%
33.2%
Q4 24
74.0%
34.1%
Q3 24
77.7%
35.8%
Q2 24
77.9%
35.7%
Q1 24
77.4%
37.1%
Operating Margin
ALAB
ALAB
PMTS
PMTS
Q4 25
24.7%
12.0%
Q3 25
24.0%
9.4%
Q2 25
20.7%
7.3%
Q1 25
7.1%
11.5%
Q4 24
0.1%
12.7%
Q3 24
-7.9%
14.3%
Q2 24
-31.7%
12.5%
Q1 24
-127.1%
12.6%
Net Margin
ALAB
ALAB
PMTS
PMTS
Q4 25
16.6%
4.8%
Q3 25
39.5%
1.7%
Q2 25
26.7%
0.4%
Q1 25
20.0%
3.9%
Q4 24
17.5%
5.4%
Q3 24
-6.7%
1.0%
Q2 24
-9.8%
5.1%
Q1 24
-142.5%
4.9%
EPS (diluted)
ALAB
ALAB
PMTS
PMTS
Q4 25
$0.25
$0.62
Q3 25
$0.50
$0.19
Q2 25
$0.29
$0.04
Q1 25
$0.18
$0.40
Q4 24
$1.23
$0.56
Q3 24
$-0.05
$0.11
Q2 24
$-0.05
$0.51
Q1 24
$-1.77
$0.46

Balance Sheet & Financial Strength

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

Metric
ALAB
ALAB
PMTS
PMTS
Cash + ST InvestmentsLiquidity on hand
$167.6M
$21.7M
Total DebtLower is stronger
$286.7M
Stockholders' EquityBook value
$1.4B
$-17.3M
Total Assets
$1.5B
$403.2M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ALAB
ALAB
PMTS
PMTS
Q4 25
$167.6M
$21.7M
Q3 25
$140.4M
$16.0M
Q2 25
$162.3M
$17.1M
Q1 25
$86.4M
$31.5M
Q4 24
$79.6M
$33.5M
Q3 24
$126.1M
$14.7M
Q2 24
$421.1M
$7.5M
Q1 24
$696.1M
$17.1M
Total Debt
ALAB
ALAB
PMTS
PMTS
Q4 25
$286.7M
Q3 25
$308.4M
Q2 25
$310.9M
Q1 25
$280.7M
Q4 24
$280.4M
Q3 24
$280.2M
Q2 24
$269.7M
Q1 24
$265.3M
Stockholders' Equity
ALAB
ALAB
PMTS
PMTS
Q4 25
$1.4B
$-17.3M
Q3 25
$1.3B
$-25.7M
Q2 25
$1.1B
$-29.0M
Q1 25
$1.0B
$-29.7M
Q4 24
$964.8M
$-35.6M
Q3 24
$889.6M
$-42.8M
Q2 24
$845.3M
$-44.6M
Q1 24
$808.8M
$-48.5M
Total Assets
ALAB
ALAB
PMTS
PMTS
Q4 25
$1.5B
$403.2M
Q3 25
$1.4B
$407.1M
Q2 25
$1.3B
$399.8M
Q1 25
$1.1B
$351.9M
Q4 24
$1.1B
$349.7M
Q3 24
$983.1M
$342.3M
Q2 24
$915.5M
$321.4M
Q1 24
$864.9M
$319.8M

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
PMTS
PMTS
Operating Cash FlowLast quarter
$95.3M
$39.6M
Free Cash FlowOCF − Capex
$76.6M
$35.2M
FCF MarginFCF / Revenue
28.3%
23.0%
Capex IntensityCapex / Revenue
6.9%
2.9%
Cash ConversionOCF / Net Profit
2.12×
5.39×
TTM Free Cash FlowTrailing 4 quarters
$281.8M
$41.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ALAB
ALAB
PMTS
PMTS
Q4 25
$95.3M
$39.6M
Q3 25
$78.2M
$10.0M
Q2 25
$135.4M
$4.3M
Q1 25
$10.5M
$5.6M
Q4 24
$39.7M
$26.7M
Q3 24
$63.5M
$12.5M
Q2 24
$29.8M
$-4.8M
Q1 24
$3.7M
$8.9M
Free Cash Flow
ALAB
ALAB
PMTS
PMTS
Q4 25
$76.6M
$35.2M
Q3 25
$65.9M
$5.3M
Q2 25
$133.3M
$533.0K
Q1 25
$6.0M
$292.0K
Q4 24
$24.3M
$21.6M
Q3 24
$46.8M
$11.1M
Q2 24
$28.5M
$-6.0M
Q1 24
$228.0K
$7.4M
FCF Margin
ALAB
ALAB
PMTS
PMTS
Q4 25
28.3%
23.0%
Q3 25
28.6%
3.8%
Q2 25
69.5%
0.4%
Q1 25
3.7%
0.2%
Q4 24
17.2%
17.3%
Q3 24
41.4%
8.9%
Q2 24
37.1%
-5.0%
Q1 24
0.3%
6.6%
Capex Intensity
ALAB
ALAB
PMTS
PMTS
Q4 25
6.9%
2.9%
Q3 25
5.3%
3.4%
Q2 25
1.1%
2.9%
Q1 25
2.8%
4.3%
Q4 24
10.9%
4.0%
Q3 24
14.8%
1.2%
Q2 24
1.7%
1.0%
Q1 24
5.2%
1.3%
Cash Conversion
ALAB
ALAB
PMTS
PMTS
Q4 25
2.12×
5.39×
Q3 25
0.86×
4.32×
Q2 25
2.64×
8.39×
Q1 25
0.33×
1.17×
Q4 24
1.61×
3.94×
Q3 24
9.70×
Q2 24
-0.79×
Q1 24
1.63×

Financial Flow Comparison

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

Revenue Breakdown by Segment

ALAB
ALAB

Segment breakdown not available.

PMTS
PMTS

US Debit And Credit$128.9M84%
US Prepaid Debit$24.4M16%

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