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

TIDEWATER INC is the larger business by last-quarter revenue ($336.8M vs $308.4M, roughly 1.1× Astera Labs, Inc.). TIDEWATER INC runs the higher net margin — 65.3% vs 26.0%, a 39.2% gap on every dollar of revenue. On growth, Astera Labs, Inc. posted the faster year-over-year revenue change (93.4% vs -2.4%). Over the past eight quarters, Astera Labs, Inc.'s revenue compounded faster (100.3% CAGR vs 2.4%).

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.

Tidewater, Inc. is a publicly traded international petroleum service company headquartered in Houston, Texas, U.S. It operates a fleet of ships, primarily providing vessels and marine services to the offshore petroleum and offshore wind industries.

ALAB vs TDW — Head-to-Head

Bigger by revenue
TDW
TDW
1.1× larger
TDW
$336.8M
$308.4M
ALAB
Growing faster (revenue YoY)
ALAB
ALAB
+95.8% gap
ALAB
93.4%
-2.4%
TDW
Higher net margin
TDW
TDW
39.2% more per $
TDW
65.3%
26.0%
ALAB
Faster 2-yr revenue CAGR
ALAB
ALAB
Annualised
ALAB
100.3%
2.4%
TDW

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
ALAB
ALAB
TDW
TDW
Revenue
$308.4M
$336.8M
Net Profit
$80.3M
$219.9M
Gross Margin
76.3%
Operating Margin
20.1%
19.0%
Net Margin
26.0%
65.3%
Revenue YoY
93.4%
-2.4%
Net Profit YoY
152.4%
495.8%
EPS (diluted)
$0.44
$4.37

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
TDW
TDW
Q1 26
$308.4M
Q4 25
$270.6M
$336.8M
Q3 25
$230.6M
$341.1M
Q2 25
$191.9M
$341.4M
Q1 25
$159.4M
$333.4M
Q4 24
$141.1M
$345.1M
Q3 24
$113.1M
$340.4M
Q2 24
$76.8M
$339.2M
Net Profit
ALAB
ALAB
TDW
TDW
Q1 26
$80.3M
Q4 25
$45.0M
$219.9M
Q3 25
$91.1M
$-806.0K
Q2 25
$51.2M
$72.9M
Q1 25
$31.8M
$42.7M
Q4 24
$24.7M
$36.9M
Q3 24
$-7.6M
$46.4M
Q2 24
$-7.5M
$50.4M
Gross Margin
ALAB
ALAB
TDW
TDW
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
TDW
TDW
Q1 26
20.1%
Q4 25
24.7%
19.0%
Q3 25
24.0%
18.4%
Q2 25
20.7%
23.7%
Q1 25
7.1%
22.5%
Q4 24
0.1%
23.6%
Q3 24
-7.9%
20.6%
Q2 24
-31.7%
23.0%
Net Margin
ALAB
ALAB
TDW
TDW
Q1 26
26.0%
Q4 25
16.6%
65.3%
Q3 25
39.5%
-0.2%
Q2 25
26.7%
21.4%
Q1 25
20.0%
12.8%
Q4 24
17.5%
10.7%
Q3 24
-6.7%
13.6%
Q2 24
-9.8%
14.8%
EPS (diluted)
ALAB
ALAB
TDW
TDW
Q1 26
$0.44
Q4 25
$0.25
$4.37
Q3 25
$0.50
$-0.02
Q2 25
$0.29
$1.46
Q1 25
$0.18
$0.83
Q4 24
$1.23
$0.70
Q3 24
$-0.05
$0.87
Q2 24
$-0.05
$0.94

Balance Sheet & Financial Strength

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

Metric
ALAB
ALAB
TDW
TDW
Cash + ST InvestmentsLiquidity on hand
$148.3M
$578.8M
Total DebtLower is stronger
$670.1M
Stockholders' EquityBook value
$1.5B
$1.4B
Total Assets
$1.7B
$2.4B
Debt / EquityLower = less leverage
0.49×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ALAB
ALAB
TDW
TDW
Q1 26
$148.3M
Q4 25
$167.6M
$578.8M
Q3 25
$140.4M
$428.2M
Q2 25
$162.3M
$369.4M
Q1 25
$86.4M
$341.8M
Q4 24
$79.6M
$324.9M
Q3 24
$126.1M
$280.8M
Q2 24
$421.1M
$315.9M
Total Debt
ALAB
ALAB
TDW
TDW
Q1 26
Q4 25
$670.1M
Q3 25
Q2 25
Q1 25
Q4 24
$647.9M
Q3 24
Q2 24
Stockholders' Equity
ALAB
ALAB
TDW
TDW
Q1 26
$1.5B
Q4 25
$1.4B
$1.4B
Q3 25
$1.3B
$1.1B
Q2 25
$1.1B
$1.1B
Q1 25
$1.0B
$1.1B
Q4 24
$964.8M
$1.1B
Q3 24
$889.6M
$1.1B
Q2 24
$845.3M
$1.1B
Total Assets
ALAB
ALAB
TDW
TDW
Q1 26
$1.7B
Q4 25
$1.5B
$2.4B
Q3 25
$1.4B
$2.1B
Q2 25
$1.3B
$2.1B
Q1 25
$1.1B
$2.1B
Q4 24
$1.1B
$2.1B
Q3 24
$983.1M
$2.0B
Q2 24
$915.5M
$2.1B
Debt / Equity
ALAB
ALAB
TDW
TDW
Q1 26
Q4 25
0.49×
Q3 25
Q2 25
Q1 25
Q4 24
0.58×
Q3 24
Q2 24

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
TDW
TDW
Operating Cash FlowLast quarter
$74.6M
$153.0M
Free Cash FlowOCF − Capex
$147.8M
FCF MarginFCF / Revenue
43.9%
Capex IntensityCapex / Revenue
1.5%
Cash ConversionOCF / Net Profit
0.93×
0.70×
TTM Free Cash FlowTrailing 4 quarters
$353.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ALAB
ALAB
TDW
TDW
Q1 26
$74.6M
Q4 25
$95.3M
$153.0M
Q3 25
$78.2M
$54.7M
Q2 25
$135.4M
$85.4M
Q1 25
$10.5M
$86.0M
Q4 24
$39.7M
$100.0M
Q3 24
$63.5M
$49.0M
Q2 24
$29.8M
$78.6M
Free Cash Flow
ALAB
ALAB
TDW
TDW
Q1 26
Q4 25
$76.6M
$147.8M
Q3 25
$65.9M
$49.6M
Q2 25
$133.3M
$80.2M
Q1 25
$6.0M
$75.7M
Q4 24
$24.3M
$95.5M
Q3 24
$46.8M
$43.3M
Q2 24
$28.5M
$72.3M
FCF Margin
ALAB
ALAB
TDW
TDW
Q1 26
Q4 25
28.3%
43.9%
Q3 25
28.6%
14.5%
Q2 25
69.5%
23.5%
Q1 25
3.7%
22.7%
Q4 24
17.2%
27.7%
Q3 24
41.4%
12.7%
Q2 24
37.1%
21.3%
Capex Intensity
ALAB
ALAB
TDW
TDW
Q1 26
Q4 25
6.9%
1.5%
Q3 25
5.3%
1.5%
Q2 25
1.1%
1.5%
Q1 25
2.8%
3.1%
Q4 24
10.9%
1.3%
Q3 24
14.8%
1.7%
Q2 24
1.7%
1.9%
Cash Conversion
ALAB
ALAB
TDW
TDW
Q1 26
0.93×
Q4 25
2.12×
0.70×
Q3 25
0.86×
Q2 25
2.64×
1.17×
Q1 25
0.33×
2.02×
Q4 24
1.61×
2.71×
Q3 24
1.06×
Q2 24
1.56×

Financial Flow Comparison

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

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