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Side-by-side financial comparison of Astera Labs, Inc. (ALAB) and Sun Country Airlines Holdings, Inc. (SNCY). Click either name above to swap in a different company.

Astera Labs, Inc. is the larger business by last-quarter revenue ($308.4M vs $281.0M, roughly 1.1× Sun Country Airlines Holdings, Inc.). Astera Labs, Inc. runs the higher net margin — 26.0% vs 2.9%, a 23.1% gap on every dollar of revenue. On growth, Astera Labs, Inc. posted the faster year-over-year revenue change (93.4% vs 7.9%). Over the past eight quarters, Astera Labs, Inc.'s revenue compounded faster (100.3% CAGR vs -5.0%).

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.

Frontier Airlines, Inc. is a major American ultra low-cost airline headquartered in Denver, Colorado. It operates flights to over 120 destinations in the United States, the Caribbean, Mexico and Central America, and employs more than 5,000 staff. The carrier is a publicly traded company and maintains bases at Denver International Airport, Orlando International Airport, and eleven other cities across the contiguous United States and Puerto Rico.

ALAB vs SNCY — Head-to-Head

Bigger by revenue
ALAB
ALAB
1.1× larger
ALAB
$308.4M
$281.0M
SNCY
Growing faster (revenue YoY)
ALAB
ALAB
+85.5% gap
ALAB
93.4%
7.9%
SNCY
Higher net margin
ALAB
ALAB
23.1% more per $
ALAB
26.0%
2.9%
SNCY
Faster 2-yr revenue CAGR
ALAB
ALAB
Annualised
ALAB
100.3%
-5.0%
SNCY

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
ALAB
ALAB
SNCY
SNCY
Revenue
$308.4M
$281.0M
Net Profit
$80.3M
$8.1M
Gross Margin
76.3%
Operating Margin
20.1%
6.5%
Net Margin
26.0%
2.9%
Revenue YoY
93.4%
7.9%
Net Profit YoY
152.4%
-39.4%
EPS (diluted)
$0.44
$0.15

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
SNCY
SNCY
Q1 26
$308.4M
Q4 25
$270.6M
$281.0M
Q3 25
$230.6M
$255.5M
Q2 25
$191.9M
$263.6M
Q1 25
$159.4M
$326.6M
Q4 24
$141.1M
$260.4M
Q3 24
$113.1M
$249.5M
Q2 24
$76.8M
$254.4M
Net Profit
ALAB
ALAB
SNCY
SNCY
Q1 26
$80.3M
Q4 25
$45.0M
$8.1M
Q3 25
$91.1M
$1.6M
Q2 25
$51.2M
$6.6M
Q1 25
$31.8M
$36.5M
Q4 24
$24.7M
$13.4M
Q3 24
$-7.6M
$2.3M
Q2 24
$-7.5M
$1.8M
Gross Margin
ALAB
ALAB
SNCY
SNCY
Q1 26
76.3%
Q4 25
75.6%
Q3 25
76.2%
Q2 25
75.8%
Q1 25
74.9%
Q4 24
74.0%
Q3 24
77.7%
Q2 24
77.9%
Operating Margin
ALAB
ALAB
SNCY
SNCY
Q1 26
20.1%
Q4 25
24.7%
6.5%
Q3 25
24.0%
3.9%
Q2 25
20.7%
6.2%
Q1 25
7.1%
17.2%
Q4 24
0.1%
10.0%
Q3 24
-7.9%
5.0%
Q2 24
-31.7%
4.9%
Net Margin
ALAB
ALAB
SNCY
SNCY
Q1 26
26.0%
Q4 25
16.6%
2.9%
Q3 25
39.5%
0.6%
Q2 25
26.7%
2.5%
Q1 25
20.0%
11.2%
Q4 24
17.5%
5.2%
Q3 24
-6.7%
0.9%
Q2 24
-9.8%
0.7%
EPS (diluted)
ALAB
ALAB
SNCY
SNCY
Q1 26
$0.44
Q4 25
$0.25
$0.15
Q3 25
$0.50
$0.03
Q2 25
$0.29
$0.12
Q1 25
$0.18
$0.66
Q4 24
$1.23
$0.25
Q3 24
$-0.05
$0.04
Q2 24
$-0.05
$0.03

Balance Sheet & Financial Strength

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

Metric
ALAB
ALAB
SNCY
SNCY
Cash + ST InvestmentsLiquidity on hand
$148.3M
$234.3M
Total DebtLower is stronger
$323.3M
Stockholders' EquityBook value
$1.5B
$625.2M
Total Assets
$1.7B
$1.7B
Debt / EquityLower = less leverage
0.52×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ALAB
ALAB
SNCY
SNCY
Q1 26
$148.3M
Q4 25
$167.6M
$234.3M
Q3 25
$140.4M
$176.2M
Q2 25
$162.3M
$138.3M
Q1 25
$86.4M
$158.8M
Q4 24
$79.6M
$187.3M
Q3 24
$126.1M
$146.5M
Q2 24
$421.1M
$135.2M
Total Debt
ALAB
ALAB
SNCY
SNCY
Q1 26
Q4 25
$323.3M
Q3 25
$301.3M
Q2 25
$282.1M
Q1 25
$312.6M
Q4 24
$327.1M
Q3 24
$351.8M
Q2 24
$365.5M
Stockholders' Equity
ALAB
ALAB
SNCY
SNCY
Q1 26
$1.5B
Q4 25
$1.4B
$625.2M
Q3 25
$1.3B
$610.2M
Q2 25
$1.1B
$613.0M
Q1 25
$1.0B
$603.0M
Q4 24
$964.8M
$570.4M
Q3 24
$889.6M
$552.5M
Q2 24
$845.3M
$546.9M
Total Assets
ALAB
ALAB
SNCY
SNCY
Q1 26
$1.7B
Q4 25
$1.5B
$1.7B
Q3 25
$1.4B
$1.6B
Q2 25
$1.3B
$1.6B
Q1 25
$1.1B
$1.6B
Q4 24
$1.1B
$1.6B
Q3 24
$983.1M
$1.6B
Q2 24
$915.5M
$1.6B
Debt / Equity
ALAB
ALAB
SNCY
SNCY
Q1 26
Q4 25
0.52×
Q3 25
0.49×
Q2 25
0.46×
Q1 25
0.52×
Q4 24
0.57×
Q3 24
0.64×
Q2 24
0.67×

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
SNCY
SNCY
Operating Cash FlowLast quarter
$74.6M
$78.9M
Free Cash FlowOCF − Capex
$34.9M
FCF MarginFCF / Revenue
12.4%
Capex IntensityCapex / Revenue
15.7%
Cash ConversionOCF / Net Profit
0.93×
9.69×
TTM Free Cash FlowTrailing 4 quarters
$84.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ALAB
ALAB
SNCY
SNCY
Q1 26
$74.6M
Q4 25
$95.3M
$78.9M
Q3 25
$78.2M
$41.9M
Q2 25
$135.4M
$19.8M
Q1 25
$10.5M
$16.4M
Q4 24
$39.7M
$90.6M
Q3 24
$63.5M
$35.4M
Q2 24
$29.8M
$8.2M
Free Cash Flow
ALAB
ALAB
SNCY
SNCY
Q1 26
Q4 25
$76.6M
$34.9M
Q3 25
$65.9M
$34.0M
Q2 25
$133.3M
$14.0M
Q1 25
$6.0M
$1.0M
Q4 24
$24.3M
$85.8M
Q3 24
$46.8M
$31.0M
Q2 24
$28.5M
$-382.0K
FCF Margin
ALAB
ALAB
SNCY
SNCY
Q1 26
Q4 25
28.3%
12.4%
Q3 25
28.6%
13.3%
Q2 25
69.5%
5.3%
Q1 25
3.7%
0.3%
Q4 24
17.2%
33.0%
Q3 24
41.4%
12.4%
Q2 24
37.1%
-0.2%
Capex Intensity
ALAB
ALAB
SNCY
SNCY
Q1 26
Q4 25
6.9%
15.7%
Q3 25
5.3%
3.1%
Q2 25
1.1%
2.2%
Q1 25
2.8%
4.7%
Q4 24
10.9%
1.8%
Q3 24
14.8%
1.8%
Q2 24
1.7%
3.4%
Cash Conversion
ALAB
ALAB
SNCY
SNCY
Q1 26
0.93×
Q4 25
2.12×
9.69×
Q3 25
0.86×
27.03×
Q2 25
2.64×
3.01×
Q1 25
0.33×
0.45×
Q4 24
1.61×
6.74×
Q3 24
15.13×
Q2 24
4.50×

Financial Flow Comparison

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

Revenue Breakdown by Segment

ALAB
ALAB

Segment breakdown not available.

SNCY
SNCY

Scheduled Service$95.6M34%
Ancillary$69.3M25%
Charter Service$56.6M20%
Cargo And Freight$48.0M17%
Service Other$11.4M4%

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