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Astera Labs (Astera Labs) Gross Profit : $50.52 Mil (TTM As of Mar. 2024)


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What is Astera Labs Gross Profit?

Astera Labs's gross profit for the three months ended in Mar. 2024 was $50.52 Mil. Astera Labs's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was $50.52 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Astera Labs's gross profit for the three months ended in Mar. 2024 was $50.52 Mil. Astera Labs's Revenue for the three months ended in Mar. 2024 was $65.26 Mil. Therefore, Astera Labs's Gross Margin % for the quarter that ended in Mar. 2024 was 77.42%.

Astera Labs had a gross margin of 77.42% for the quarter that ended in Mar. 2024 => Durable competitive advantage

During the past 2 years, the highest Gross Margin % of Astera Labs was 77.42%. The lowest was 68.94%. And the median was 71.21%.


Astera Labs Gross Profit Historical Data

The historical data trend for Astera Labs's Gross Profit can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Astera Labs Gross Profit Chart

Astera Labs Annual Data
Trend Dec22 Dec23
Gross Profit
58.68 79.83

Astera Labs Quarterly Data
Dec22 Mar23 Dec23 Mar24
Gross Profit - 4.26 - 50.52

Competitive Comparison of Astera Labs's Gross Profit

For the Semiconductors subindustry, Astera Labs's Gross Profit, along with its competitors' market caps and Gross Profit data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Astera Labs's Gross Profit Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Astera Labs's Gross Profit distribution charts can be found below:

* The bar in red indicates where Astera Labs's Gross Profit falls into.



Astera Labs Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

Astera Labs's Gross Profit for the fiscal year that ended in Dec. 2023 is calculated as

Gross Profit (A: Dec. 2023 )=Revenue - Cost of Goods Sold
=115.794 - 35.967
=79.83

Astera Labs's Gross Profit for the quarter that ended in Mar. 2024 is calculated as

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=65.258 - 14.738
=50.52

Gross Profit for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $50.52 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

Astera Labs's Gross Margin % for the quarter that ended in Mar. 2024 is calculated as

Gross Margin % (Q: Mar. 2024 )=Gross Profit (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=50.52 / 65.258
=77.42 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


Astera Labs  (NAS:ALAB) Gross Profit Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Astera Labs had a gross margin of 77.42% for the quarter that ended in Mar. 2024 => Durable competitive advantage


Astera Labs Gross Profit Related Terms

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Astera Labs (Astera Labs) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
2901 Tasman Drive, Suite 205, Santa Clara, CA, USA, 95054
Astera Labs Inc is a company that offers an Intelligent Connectivity Platform, comprised of Semiconductor-based, high-speed mixed-signal connectivity products that integrate a matrix of microcontrollers and sensors. COSMOS, their software suite which is embedded in its connectivity products and integrated into their customers' systems. The Company delivers critical connectivity performance, enables flexibility and customization, and supports observability and predictive analytics. This approach addresses the data, network, and memory bottlenecks, scalability, and other infrastructure requirements of hyperscalers and system original equipment manufacturers.

Astera Labs (Astera Labs) Headlines

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