Astera Labs vs Synaptics
Synaptics is the larger business, with $1.20bn of revenue in fiscal 2026 against $853m for Astera Labs (1.4 times as much). Astera Labs grew faster (115.1% against 11.4%). Astera Labs kept more of each dollar of sales as profit: a net margin of 25.7% against -41.0%.
| Latest fiscal year | Astera LabsALAB, 2025 | SynapticsSYNA, 2026 |
|---|---|---|
| Revenue | $853m | $1.20bn |
| Revenue growth | 115.1% | 11.4% |
| Net income | $219m | −$491m |
| Operating margin | 20.3% | — |
| Net margin | 25.7% | -41.0% |
| Return on equity | 18.8% | -42.2% |
| Free cash flow | $282m | $101m |
| Cash | $168m | $443m |
| Total debt | $0 | $850m |
| Debt to equity | 0.0% | — |
| Dividend per share | — | — |
| Dividend yield | — | — |
| Share buybacks | $0 | $92.7m |
| Employees | 756 | 1,700 |
| Market value | $40.70bn | $4.59bn |
| Price vs our value range | Above our value range | — |
| Moat score | — | 52 (Moderate) |
| Insider trades, 12 months | 0 buys, 504 sales | 0 buys, 59 sales |