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Side-by-side financial comparison of Astera Labs, Inc. (ALAB) and Walker & Dunlop, Inc. (WD). Click either name above to swap in a different company.
Walker & Dunlop, Inc. is the larger business by last-quarter revenue ($340.0M vs $270.6M, roughly 1.3× Astera Labs, Inc.). Astera Labs, Inc. runs the higher net margin — 16.6% vs -12.9%, a 29.5% gap on every dollar of revenue. On growth, Astera Labs, Inc. posted the faster year-over-year revenue change (91.8% vs -0.4%). Astera Labs, Inc. produced more free cash flow last quarter ($76.6M vs $-680.1M). Over the past eight quarters, Astera Labs, Inc.'s revenue compounded faster (103.6% CAGR vs 22.1%).
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.
Walker & Dunlop, Inc. is one of the largest commercial real estate finance and advisory services firms in the United States and internationally.
ALAB vs WD — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $270.6M | $340.0M |
| Net Profit | $45.0M | $-13.9M |
| Gross Margin | 75.6% | — |
| Operating Margin | 24.7% | -17.2% |
| Net Margin | 16.6% | -12.9% |
| Revenue YoY | 91.8% | -0.4% |
| Net Profit YoY | 82.0% | -131.0% |
| EPS (diluted) | $0.25 | $-0.41 |
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.
| Q4 25 | $270.6M | $340.0M | ||
| Q3 25 | $230.6M | $337.7M | ||
| Q2 25 | $191.9M | $319.2M | ||
| Q1 25 | $159.4M | $237.4M | ||
| Q4 24 | $141.1M | $341.5M | ||
| Q3 24 | $113.1M | $292.3M | ||
| Q2 24 | $76.8M | $270.7M | ||
| Q1 24 | $65.3M | $228.1M |
| Q4 25 | $45.0M | $-13.9M | ||
| Q3 25 | $91.1M | $33.5M | ||
| Q2 25 | $51.2M | $34.0M | ||
| Q1 25 | $31.8M | $2.8M | ||
| Q4 24 | $24.7M | $44.8M | ||
| Q3 24 | $-7.6M | $28.8M | ||
| Q2 24 | $-7.5M | $22.7M | ||
| Q1 24 | $-93.0M | $11.9M |
| 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% | — |
| Q4 25 | 24.7% | -17.2% | ||
| Q3 25 | 24.0% | 13.6% | ||
| Q2 25 | 20.7% | 14.5% | ||
| Q1 25 | 7.1% | 2.2% | ||
| Q4 24 | 0.1% | 15.3% | ||
| Q3 24 | -7.9% | 12.8% | ||
| Q2 24 | -31.7% | 10.4% | ||
| Q1 24 | -127.1% | 6.0% |
| Q4 25 | 16.6% | -12.9% | ||
| Q3 25 | 39.5% | 9.9% | ||
| Q2 25 | 26.7% | 10.6% | ||
| Q1 25 | 20.0% | 1.2% | ||
| Q4 24 | 17.5% | 13.1% | ||
| Q3 24 | -6.7% | 9.9% | ||
| Q2 24 | -9.8% | 8.4% | ||
| Q1 24 | -142.5% | 5.2% |
| Q4 25 | $0.25 | $-0.41 | ||
| Q3 25 | $0.50 | $0.98 | ||
| Q2 25 | $0.29 | $0.99 | ||
| Q1 25 | $0.18 | $0.08 | ||
| Q4 24 | $1.23 | $1.32 | ||
| Q3 24 | $-0.05 | $0.85 | ||
| Q2 24 | $-0.05 | $0.67 | ||
| Q1 24 | $-1.77 | $0.35 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $167.6M | $299.3M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $1.4B | $1.7B |
| Total Assets | $1.5B | $5.1B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $167.6M | $299.3M | ||
| Q3 25 | $140.4M | $274.8M | ||
| Q2 25 | $162.3M | $233.7M | ||
| Q1 25 | $86.4M | $181.0M | ||
| Q4 24 | $79.6M | $279.3M | ||
| Q3 24 | $126.1M | $179.8M | ||
| Q2 24 | $421.1M | $208.1M | ||
| Q1 24 | $696.1M | $216.5M |
| Q4 25 | $1.4B | $1.7B | ||
| Q3 25 | $1.3B | $1.8B | ||
| Q2 25 | $1.1B | $1.8B | ||
| Q1 25 | $1.0B | $1.7B | ||
| Q4 24 | $964.8M | $1.7B | ||
| Q3 24 | $889.6M | $1.7B | ||
| Q2 24 | $845.3M | $1.7B | ||
| Q1 24 | $808.8M | $1.7B |
| Q4 25 | $1.5B | $5.1B | ||
| Q3 25 | $1.4B | $5.8B | ||
| Q2 25 | $1.3B | $4.7B | ||
| Q1 25 | $1.1B | $4.5B | ||
| Q4 24 | $1.1B | $4.4B | ||
| Q3 24 | $983.1M | $4.6B | ||
| Q2 24 | $915.5M | $4.2B | ||
| Q1 24 | $864.9M | $3.8B |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $95.3M | $-664.3M |
| Free Cash FlowOCF − Capex | $76.6M | $-680.1M |
| FCF MarginFCF / Revenue | 28.3% | -200.0% |
| Capex IntensityCapex / Revenue | 6.9% | 4.6% |
| Cash ConversionOCF / Net Profit | 2.12× | — |
| TTM Free Cash FlowTrailing 4 quarters | $281.8M | $-2.2B |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $95.3M | $-664.3M | ||
| Q3 25 | $78.2M | $-948.1M | ||
| Q2 25 | $135.4M | $-238.5M | ||
| Q1 25 | $10.5M | $-281.1M | ||
| Q4 24 | $39.7M | $129.4M | ||
| Q3 24 | $63.5M | $-202.0M | ||
| Q2 24 | $29.8M | $-237.8M | ||
| Q1 24 | $3.7M | $38.4M |
| Q4 25 | $76.6M | $-680.1M | ||
| Q3 25 | $65.9M | $-950.4M | ||
| Q2 25 | $133.3M | $-241.0M | ||
| Q1 25 | $6.0M | $-284.7M | ||
| Q4 24 | $24.3M | $116.4M | ||
| Q3 24 | $46.8M | $-204.0M | ||
| Q2 24 | $28.5M | $-241.7M | ||
| Q1 24 | $228.0K | $35.2M |
| Q4 25 | 28.3% | -200.0% | ||
| Q3 25 | 28.6% | -281.5% | ||
| Q2 25 | 69.5% | -75.5% | ||
| Q1 25 | 3.7% | -120.0% | ||
| Q4 24 | 17.2% | 34.1% | ||
| Q3 24 | 41.4% | -69.8% | ||
| Q2 24 | 37.1% | -89.3% | ||
| Q1 24 | 0.3% | 15.4% |
| Q4 25 | 6.9% | 4.6% | ||
| Q3 25 | 5.3% | 0.7% | ||
| Q2 25 | 1.1% | 0.8% | ||
| Q1 25 | 2.8% | 1.5% | ||
| Q4 24 | 10.9% | 3.8% | ||
| Q3 24 | 14.8% | 0.7% | ||
| Q2 24 | 1.7% | 1.4% | ||
| Q1 24 | 5.2% | 1.4% |
| Q4 25 | 2.12× | — | ||
| Q3 25 | 0.86× | -28.34× | ||
| Q2 25 | 2.64× | -7.02× | ||
| Q1 25 | 0.33× | -102.07× | ||
| Q4 24 | 1.61× | 2.89× | ||
| Q3 24 | — | -7.01× | ||
| Q2 24 | — | -10.49× | ||
| Q1 24 | — | 3.24× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
