ASTERA LABS $ALAB Q3’26 EARNINGS HIGHLIGHTS 🔹 Revenue: $584.9M (Est. $551M) 🟢; +154% YoY 🔹 Adj. EPS: $1.32 (Est. $1.19) 🟢; +169% YoY 🔹 Non-GAAP Oper Income: $261.6M (Est. $233M) 🟢 Q4 Guide: 🔹 Revenue: $730M-$750M (Est. $656M) 🟢 🔹 Adj. EPS: $1.62-$1.66 (Est. $1.42) 🟢 🔹 Non-GAAP Gross Margin: 72% (Est. 71.1%) 🟢 Other Q3 Metrics: 🔹 Non-GAAP Gross Margin: 72.4% (Est. 71.9%) 🟢; -400 bps YoY 🔹 Non-GAAP Operating Income: $261.6M 🔹 Non-GAAP Operating Margin: 44.7%; +300 bps YoY Announcements: 🔹 Scorpio: 320-lane fabric switch became largest product family 🔹 Aries 7: connectivity reach extends to 50+ meters 🔹 Orion: six reference designs; scales from 8 to 160 accelerators 🔹 Leo X-Series: up to 62% faster time-to-first-token; 22% more tokens/sec Comments: 🔸 “Design activity accelerated with wins across a broad set of programs and applications at multiple customers.” 🔸 “The expansion of our intelligent connectivity platform and new design wins position us to strongly grow our dollar content per accelerator and further increase our total market opportunity.”