vs

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

Astera Labs, Inc. is the larger business by last-quarter revenue ($308.4M vs $276.8M, roughly 1.1× RAYONIER INC). Astera Labs, Inc. runs the higher net margin — 26.0% vs -4.5%, a 30.5% gap on every dollar of revenue. On growth, RAYONIER INC posted the faster year-over-year revenue change (233.9% vs 93.4%). Over the past eight quarters, Astera Labs, Inc.'s revenue compounded faster (100.3% CAGR vs 66.7%).

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.

Rayonier Inc., headquartered in Wildlight, Florida is a timberland real estate investment trust ("REIT") with assets located in softwood timber growing regions in the United States and New Zealand. Its core business segments are timber and real estate.

ALAB vs RYN — Head-to-Head

Bigger by revenue
ALAB
ALAB
1.1× larger
ALAB
$308.4M
$276.8M
RYN
Growing faster (revenue YoY)
RYN
RYN
+140.5% gap
RYN
233.9%
93.4%
ALAB
Higher net margin
ALAB
ALAB
30.5% more per $
ALAB
26.0%
-4.5%
RYN
Faster 2-yr revenue CAGR
ALAB
ALAB
Annualised
ALAB
100.3%
66.7%
RYN

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
ALAB
ALAB
RYN
RYN
Revenue
$308.4M
$276.8M
Net Profit
$80.3M
$-12.4M
Gross Margin
76.3%
100.0%
Operating Margin
20.1%
Net Margin
26.0%
-4.5%
Revenue YoY
93.4%
233.9%
Net Profit YoY
152.4%
-264.7%
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.

Revenue
ALAB
ALAB
RYN
RYN
Q1 26
$308.4M
$276.8M
Q4 25
$270.6M
$117.5M
Q3 25
$230.6M
$177.5M
Q2 25
$191.9M
$106.5M
Q1 25
$159.4M
$82.9M
Q4 24
$141.1M
$650.5M
Q3 24
$113.1M
$124.1M
Q2 24
$76.8M
$99.6M
Net Profit
ALAB
ALAB
RYN
RYN
Q1 26
$80.3M
$-12.4M
Q4 25
$45.0M
$25.9M
Q3 25
$91.1M
$43.2M
Q2 25
$51.2M
$408.7M
Q1 25
$31.8M
$-3.4M
Q4 24
$24.7M
$327.1M
Q3 24
$-7.6M
$28.8M
Q2 24
$-7.5M
$1.9M
Gross Margin
ALAB
ALAB
RYN
RYN
Q1 26
76.3%
100.0%
Q4 25
75.6%
41.9%
Q3 25
76.2%
32.9%
Q2 25
75.8%
29.7%
Q1 25
74.9%
21.7%
Q4 24
74.0%
53.8%
Q3 24
77.7%
30.4%
Q2 24
77.9%
25.4%
Operating Margin
ALAB
ALAB
RYN
RYN
Q1 26
20.1%
Q4 25
24.7%
23.0%
Q3 25
24.0%
23.5%
Q2 25
20.7%
13.7%
Q1 25
7.1%
0.1%
Q4 24
0.1%
47.7%
Q3 24
-7.9%
15.2%
Q2 24
-31.7%
4.6%
Net Margin
ALAB
ALAB
RYN
RYN
Q1 26
26.0%
-4.5%
Q4 25
16.6%
22.1%
Q3 25
39.5%
24.3%
Q2 25
26.7%
383.6%
Q1 25
20.0%
-4.1%
Q4 24
17.5%
45.1%
Q3 24
-6.7%
23.2%
Q2 24
-9.8%
1.9%
EPS (diluted)
ALAB
ALAB
RYN
RYN
Q1 26
$0.44
Q4 25
$0.25
$0.14
Q3 25
$0.50
$0.28
Q2 25
$0.29
$2.63
Q1 25
$0.18
$-0.02
Q4 24
$1.23
$2.18
Q3 24
$-0.05
$0.19
Q2 24
$-0.05
$0.01

Balance Sheet & Financial Strength

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

Metric
ALAB
ALAB
RYN
RYN
Cash + ST InvestmentsLiquidity on hand
$148.3M
$681.7M
Total DebtLower is stronger
$2.1B
Stockholders' EquityBook value
$1.5B
$5.3B
Total Assets
$1.7B
$7.7B
Debt / EquityLower = less leverage
0.39×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ALAB
ALAB
RYN
RYN
Q1 26
$148.3M
$681.7M
Q4 25
$167.6M
$842.9M
Q3 25
$140.4M
$919.6M
Q2 25
$162.3M
$892.3M
Q1 25
$86.4M
$216.2M
Q4 24
$79.6M
$303.1M
Q3 24
$126.1M
$51.9M
Q2 24
$421.1M
$120.2M
Total Debt
ALAB
ALAB
RYN
RYN
Q1 26
$2.1B
Q4 25
$845.3M
Q3 25
$845.1M
Q2 25
$844.9M
Q1 25
$1.0B
Q4 24
$1.0B
Q3 24
$1.3B
Q2 24
$1.4B
Stockholders' Equity
ALAB
ALAB
RYN
RYN
Q1 26
$1.5B
$5.3B
Q4 25
$1.4B
$2.2B
Q3 25
$1.3B
$2.3B
Q2 25
$1.1B
$2.3B
Q1 25
$1.0B
$1.9B
Q4 24
$964.8M
$1.8B
Q3 24
$889.6M
$1.8B
Q2 24
$845.3M
$1.8B
Total Assets
ALAB
ALAB
RYN
RYN
Q1 26
$1.7B
$7.7B
Q4 25
$1.5B
$3.4B
Q3 25
$1.4B
$3.5B
Q2 25
$1.3B
$3.5B
Q1 25
$1.1B
$3.4B
Q4 24
$1.1B
$3.5B
Q3 24
$983.1M
$3.5B
Q2 24
$915.5M
$3.5B
Debt / Equity
ALAB
ALAB
RYN
RYN
Q1 26
0.39×
Q4 25
0.38×
Q3 25
0.37×
Q2 25
0.37×
Q1 25
0.55×
Q4 24
0.59×
Q3 24
0.72×
Q2 24
0.75×

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
RYN
RYN
Operating Cash FlowLast quarter
$74.6M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
7.4%
Cash ConversionOCF / Net Profit
0.93×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ALAB
ALAB
RYN
RYN
Q1 26
$74.6M
Q4 25
$95.3M
$256.7M
Q3 25
$78.2M
$116.2M
Q2 25
$135.4M
$61.0M
Q1 25
$10.5M
$27.7M
Q4 24
$39.7M
$261.6M
Q3 24
$63.5M
$66.2M
Q2 24
$29.8M
$55.3M
Free Cash Flow
ALAB
ALAB
RYN
RYN
Q1 26
Q4 25
$76.6M
Q3 25
$65.9M
$99.9M
Q2 25
$133.3M
Q1 25
$6.0M
Q4 24
$24.3M
Q3 24
$46.8M
$42.2M
Q2 24
$28.5M
FCF Margin
ALAB
ALAB
RYN
RYN
Q1 26
Q4 25
28.3%
Q3 25
28.6%
56.3%
Q2 25
69.5%
Q1 25
3.7%
Q4 24
17.2%
Q3 24
41.4%
34.0%
Q2 24
37.1%
Capex Intensity
ALAB
ALAB
RYN
RYN
Q1 26
7.4%
Q4 25
6.9%
Q3 25
5.3%
9.2%
Q2 25
1.1%
Q1 25
2.8%
Q4 24
10.9%
Q3 24
14.8%
19.3%
Q2 24
1.7%
Cash Conversion
ALAB
ALAB
RYN
RYN
Q1 26
0.93×
Q4 25
2.12×
9.91×
Q3 25
0.86×
2.69×
Q2 25
2.64×
0.15×
Q1 25
0.33×
Q4 24
1.61×
0.80×
Q3 24
2.30×
Q2 24
29.07×

Financial Flow Comparison

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

Revenue Breakdown by Segment

ALAB
ALAB

Segment breakdown not available.

RYN
RYN

Wood Products$108.5M39%
Southern Timber$88.7M32%
Real Estate$59.8M22%
Northwest Timber$32.1M12%

Related Comparisons