Astera Labs 2026年季度报告

FORM 10-Q QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2026 OR TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __ to __ Commission file number 001-41979 Astera Labs, Inc. (Exact name of registrant as specified in its charter) 82-3437062(I.R.S. EmployerIdentification No.) Delaware (State or other jurisdiction ofincorporation or organization) 2345 North First Street, San Jose, CA 95131(Address of Principal Executive Offices) (Zip code)(408) 766-3806Registrant's telephone number, including area code Securities registered pursuant to Section 12(b) of the Act: Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the SecuritiesExchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports),and (2) has been subject to such filing requirements for the past 90 days.YesNo Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submittedpursuant to Rule 405 of Regulation S-T (§ 232.405 of this chapter) during the preceding 12 months (or for such shorter period that theregistrant was required to submit such files).YesNo Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smallerreporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smallerreporting company,” and "emerging growth company" in Rule 12b-2 of the Exchange Act. If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period forcomplying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Act). YesNo As of July 31, 2026, there were 173,485,104 shares of the Registrant’s Common Stock, $0.0001 par value, outstanding. Table of Contents Part I - Financial Information Item 1.Financial Statements (Unaudited)Condensed Consolidated Balance Sheets as of June 30, 2026 and December 31, 20251Condensed Consolidated Statements of Operations and Comprehensive Income for the three and six monthsended June 30, 2026 and 20252Condensed Consolidated Statements of Changes in Stockholders' Equity for the three and six months endedJune 30, 2026 and 20253Condensed Consolidated Statements of Cash Flows for the six months ended June 30, 2026 and 20255Notes to Unaudited Condensed Consolidated Financial Statements6Item 2.Management’s Discussion and Analysis of Financial Condition and Results of Operations19Item 3.Quantitative and Qualitative Disclosure About Market Risk27Item 4.Controls and Procedures27 Part II - Other Information Item 1.Legal ProceedingsItem 1ARisk FactorsItem 2.Unregistered Sales of Equity Securities and Use of ProceedsItem 3.Defaults Upon Senior SecuritiesItem 4.Mine Safety DisclosuresItem 5.Other InformationItem 6.ExhibitsSignatures Special Note about Forward-Looking Statements This Quarterly Report on Form 10‑Q contains forward-looking statements within the meaning of the federal securities laws,which are statements that involve substantial risks and uncertainties. Forward-looking statements generally relate to future events orour future financial or operating performance. All statements other than statements of historical fact included in this Quarterly Reporton Form 10‑Q, including statements regarding our strategy, future operations, financial position, prospects, plans and objectives ofmanagement are forward-looking statements. In some cases, you can identify forward-looking statements because they contain wordssuch as “aims,” “anticipated,” “believe,” “budget,” “can,” “committed,” “continued,” “could,” “designed,” “estimates,” “expect,”“forecasted,”“future,”“growing,”“indicative,”“intended,”“likely,”“may,”“mission,”“opportunities,”“plan,”“position,”“potential,” “predict,” “probable,” “projections,” “scheduled,” “should,” “to be,” “trends,” “uncertainty,” “will,” or “would,” or thenegative of these words or other similar terms or expressions. Forward-looking statements include, but are not limited to, statementsrelating to our business plans, strategies, market or investment opportunities, customers, infrastructure, platform, products andservices, including future production and investments therein and anticipated benefits therefrom; demand; our future financial oroperating statements, performance and growth (such as revenue, gross profit and margins, expenses, income (losses) and otheroperating results); our future cash flows, expenditures, requirements, uses, sufficiency and funding sources; our accounting practicesand polic