vs

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

Bristow Group Inc. is the larger business by last-quarter revenue ($377.3M vs $270.6M, roughly 1.4× Astera Labs, Inc.). Astera Labs, Inc. runs the higher net margin — 16.6% vs 4.9%, a 11.7% gap on every dollar of revenue. On growth, Astera Labs, Inc. posted the faster year-over-year revenue change (91.8% vs 6.7%). Astera Labs, Inc. produced more free cash flow last quarter ($76.6M vs $47.8M). Over the past eight quarters, Astera Labs, Inc.'s revenue compounded faster (103.6% CAGR vs 5.8%).

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.

Bristow Helicopters Limited is a British civil helicopter operator originally based at Aberdeen Airport, Scotland, which is currently a part of the U.S.-based Bristow Group which in turn has its corporate headquarters in Houston, Texas, U.S. In 2020, Bristow Group was merged with Era Helicopters, a large U.S.-based commercial helicopter operator that was previously a division of Era Aviation, with the two companies then continuing to use the Bristow name.

ALAB vs VTOL — Head-to-Head

Bigger by revenue
VTOL
VTOL
1.4× larger
VTOL
$377.3M
$270.6M
ALAB
Growing faster (revenue YoY)
ALAB
ALAB
+85.1% gap
ALAB
91.8%
6.7%
VTOL
Higher net margin
ALAB
ALAB
11.7% more per $
ALAB
16.6%
4.9%
VTOL
More free cash flow
ALAB
ALAB
$28.8M more FCF
ALAB
$76.6M
$47.8M
VTOL
Faster 2-yr revenue CAGR
ALAB
ALAB
Annualised
ALAB
103.6%
5.8%
VTOL

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
ALAB
ALAB
VTOL
VTOL
Revenue
$270.6M
$377.3M
Net Profit
$45.0M
$18.4M
Gross Margin
75.6%
Operating Margin
24.7%
8.5%
Net Margin
16.6%
4.9%
Revenue YoY
91.8%
6.7%
Net Profit YoY
82.0%
-42.1%
EPS (diluted)
$0.25
$0.61

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
VTOL
VTOL
Q4 25
$270.6M
$377.3M
Q3 25
$230.6M
$386.3M
Q2 25
$191.9M
$376.4M
Q1 25
$159.4M
$350.5M
Q4 24
$141.1M
$353.5M
Q3 24
$113.1M
$365.1M
Q2 24
$76.8M
$359.7M
Q1 24
$65.3M
$337.1M
Net Profit
ALAB
ALAB
VTOL
VTOL
Q4 25
$45.0M
$18.4M
Q3 25
$91.1M
$51.5M
Q2 25
$51.2M
$31.7M
Q1 25
$31.8M
$27.4M
Q4 24
$24.7M
$31.8M
Q3 24
$-7.6M
$28.2M
Q2 24
$-7.5M
$28.2M
Q1 24
$-93.0M
$6.6M
Gross Margin
ALAB
ALAB
VTOL
VTOL
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%
Q1 24
77.4%
Operating Margin
ALAB
ALAB
VTOL
VTOL
Q4 25
24.7%
8.5%
Q3 25
24.0%
13.1%
Q2 25
20.7%
11.3%
Q1 25
7.1%
9.6%
Q4 24
0.1%
9.0%
Q3 24
-7.9%
9.1%
Q2 24
-31.7%
12.4%
Q1 24
-127.1%
6.8%
Net Margin
ALAB
ALAB
VTOL
VTOL
Q4 25
16.6%
4.9%
Q3 25
39.5%
13.3%
Q2 25
26.7%
8.4%
Q1 25
20.0%
7.8%
Q4 24
17.5%
9.0%
Q3 24
-6.7%
7.7%
Q2 24
-9.8%
7.8%
Q1 24
-142.5%
2.0%
EPS (diluted)
ALAB
ALAB
VTOL
VTOL
Q4 25
$0.25
$0.61
Q3 25
$0.50
$1.72
Q2 25
$0.29
$1.07
Q1 25
$0.18
$0.92
Q4 24
$1.23
$1.07
Q3 24
$-0.05
$0.95
Q2 24
$-0.05
$0.96
Q1 24
$-1.77
$0.23

Balance Sheet & Financial Strength

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

Metric
ALAB
ALAB
VTOL
VTOL
Cash + ST InvestmentsLiquidity on hand
$167.6M
$286.2M
Total DebtLower is stronger
$671.5M
Stockholders' EquityBook value
$1.4B
$1.1B
Total Assets
$1.5B
$2.3B
Debt / EquityLower = less leverage
0.63×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ALAB
ALAB
VTOL
VTOL
Q4 25
$167.6M
$286.2M
Q3 25
$140.4M
$245.5M
Q2 25
$162.3M
$251.8M
Q1 25
$86.4M
$191.1M
Q4 24
$79.6M
$247.5M
Q3 24
$126.1M
$200.3M
Q2 24
$421.1M
$178.6M
Q1 24
$696.1M
$140.6M
Total Debt
ALAB
ALAB
VTOL
VTOL
Q4 25
$671.5M
Q3 25
$675.0M
Q2 25
$705.2M
Q1 25
$701.9M
Q4 24
$689.8M
Q3 24
$629.1M
Q2 24
$594.2M
Q1 24
$544.1M
Stockholders' Equity
ALAB
ALAB
VTOL
VTOL
Q4 25
$1.4B
$1.1B
Q3 25
$1.3B
$1.0B
Q2 25
$1.1B
$984.4M
Q1 25
$1.0B
$931.7M
Q4 24
$964.8M
$891.7M
Q3 24
$889.6M
$899.2M
Q2 24
$845.3M
$849.1M
Q1 24
$808.8M
$820.7M
Total Assets
ALAB
ALAB
VTOL
VTOL
Q4 25
$1.5B
$2.3B
Q3 25
$1.4B
$2.3B
Q2 25
$1.3B
$2.3B
Q1 25
$1.1B
$2.2B
Q4 24
$1.1B
$2.1B
Q3 24
$983.1M
$2.1B
Q2 24
$915.5M
$2.0B
Q1 24
$864.9M
$1.9B
Debt / Equity
ALAB
ALAB
VTOL
VTOL
Q4 25
0.63×
Q3 25
0.65×
Q2 25
0.72×
Q1 25
0.75×
Q4 24
0.77×
Q3 24
0.70×
Q2 24
0.70×
Q1 24
0.66×

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
VTOL
VTOL
Operating Cash FlowLast quarter
$95.3M
$76.9M
Free Cash FlowOCF − Capex
$76.6M
$47.8M
FCF MarginFCF / Revenue
28.3%
12.7%
Capex IntensityCapex / Revenue
6.9%
7.7%
Cash ConversionOCF / Net Profit
2.12×
4.17×
TTM Free Cash FlowTrailing 4 quarters
$281.8M
$56.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ALAB
ALAB
VTOL
VTOL
Q4 25
$95.3M
$76.9M
Q3 25
$78.2M
$23.1M
Q2 25
$135.4M
$99.0M
Q1 25
$10.5M
$-603.0K
Q4 24
$39.7M
$51.1M
Q3 24
$63.5M
$66.0M
Q2 24
$29.8M
$33.7M
Q1 24
$3.7M
$26.7M
Free Cash Flow
ALAB
ALAB
VTOL
VTOL
Q4 25
$76.6M
$47.8M
Q3 25
$65.9M
$-6.2M
Q2 25
$133.3M
$67.4M
Q1 25
$6.0M
$-52.7M
Q4 24
$24.3M
$-32.4M
Q3 24
$46.8M
$9.0M
Q2 24
$28.5M
$-16.7M
Q1 24
$228.0K
$-37.9M
FCF Margin
ALAB
ALAB
VTOL
VTOL
Q4 25
28.3%
12.7%
Q3 25
28.6%
-1.6%
Q2 25
69.5%
17.9%
Q1 25
3.7%
-15.0%
Q4 24
17.2%
-9.2%
Q3 24
41.4%
2.5%
Q2 24
37.1%
-4.6%
Q1 24
0.3%
-11.2%
Capex Intensity
ALAB
ALAB
VTOL
VTOL
Q4 25
6.9%
7.7%
Q3 25
5.3%
7.6%
Q2 25
1.1%
8.4%
Q1 25
2.8%
14.9%
Q4 24
10.9%
23.6%
Q3 24
14.8%
15.6%
Q2 24
1.7%
14.0%
Q1 24
5.2%
19.2%
Cash Conversion
ALAB
ALAB
VTOL
VTOL
Q4 25
2.12×
4.17×
Q3 25
0.86×
0.45×
Q2 25
2.64×
3.12×
Q1 25
0.33×
-0.02×
Q4 24
1.61×
1.61×
Q3 24
2.34×
Q2 24
1.20×
Q1 24
4.04×

Financial Flow Comparison

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

Revenue Breakdown by Segment

ALAB
ALAB

Segment breakdown not available.

VTOL
VTOL

Offshore Energy Services$247.5M66%
Government Services$100.1M27%
Other$21.9M6%
Related Party$7.8M2%

Related Comparisons