AIP · Arteris, Inc. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $22.94M | - | $17.41M | $16.50M | $16.53M | - | $14.71M | $14.57M | $12.95M | - |
| Cost of Revenue | $3.25M | - | $1.77M | $1.74M | $1.53M | - | $1.46M | $1.46M | $1.47M | - |
| Gross Profit | $19.69M | - | $15.64M | $14.76M | $15.01M | - | $13.25M | $13.12M | $11.48M | - |
| R&D | $14.46M | - | $12.65M | $12.17M | $11.86M | - | $11.92M | $10.72M | $10.84M | - |
| SG&A | $5.42M | - | $4.86M | $4.50M | $4.32M | - | $4.29M | $4.83M | $4.32M | - |
| Total Operating Expenses | $28.99M | - | $24.36M | $23.01M | $22.71M | - | $21.17M | $20.56M | $20.61M | - |
| D&A | $1.35M | - | - | - | $844.0K | - | - | - | $833.0K | - |
| Operating Income | ($9.30M) | - | ($8.71M) | ($8.25M) | ($7.71M) | - | ($7.92M) | ($7.44M) | ($9.13M) | - |
| Interest Expense | $38.0K | - | $49.0K | $100.0K | $100.0K | - | $100.0K | $100.0K | $76.0K | - |
| Income Tax | ($3.70M) | - | $380.0K | $846.0K | $268.0K | - | ($92.0K) | $975.0K | $370.0K | - |
| Net Income | ($7.96M) | - | ($8.99M) | ($9.13M) | ($8.12M) | - | ($7.69M) | ($8.34M) | ($9.40M) | - |
| EPS - Basic | ($0.17) | - | ($0.21) | ($0.22) | ($0.20) | - | ($0.20) | ($0.22) | ($0.25) | - |
| EPS - Diluted | ($0.17) | - | ($0.21) | ($0.22) | ($0.20) | - | ($0.20) | ($0.22) | ($0.25) | - |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $11.67M | $33.90M | $17.42M | $16.10M | $16.37M | $13.68M | $17.83M | $22.13M | $26.12M | $13.70M |
| Accounts Receivable | $14.69M | $19.18M | $16.48M | $18.75M | $10.27M | $20.61M | $8.71M | $8.95M | $12.27M | $12.00M |
| Inventory | - | - | - | - | - | - | - | - | - | - |
| Accounts Payable | $563.0K | $340.0K | $517.0K | $856.0K | $227.0K | $539.0K | $141.0K | $340.0K | $754.0K | $183.0K |
| Current Assets | $61.54M | $82.39M | $61.03M | $61.54M | $57.40M | $69.08M | $62.78M | $58.91M | $61.80M | $58.43M |
| Total Assets | $139.88M | $115.03M | $107.74M | $106.88M | $98.32M | $106.14M | $97.72M | $96.37M | $101.35M | $102.80M |
| Current Liabilities | $84.52M | $73.20M | $66.77M | $62.56M | $56.54M | $59.28M | $54.22M | $51.73M | $49.82M | $46.40M |
| Long-term Debt | - | - | - | - | - | - | - | - | - | - |
| Total Liabilities | $137.28M | $129.66M | $119.19M | $114.41M | $103.14M | $107.32M | $95.51M | $91.10M | $91.81M | $87.70M |
| Stockholders' Equity | $2.59M | ($14.63M) | ($11.45M) | ($7.53M) | ($4.82M) | ($1.19M) | $2.21M | $5.28M | $9.55M | $15.10M |
| Retained Earnings | ($179.59M) | ($171.63M) | ($163.13M) | ($154.14M) | ($145.01M) | ($136.88M) | ($128.68M) | ($120.99M) | ($112.65M) | ($103.25M) |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | ($7.06M) | - | - | - | $2.86M | - | - | - | $477.0K | - |
| Investing Cash Flow | ($16.05M) | - | - | - | ($121.0K) | - | - | - | $11.90M | - |
| Financing Cash Flow | $882.0K | - | - | - | ($52.0K) | - | - | - | $44.0K | - |
| CapEx | $295.0K | - | - | - | $183.0K | - | - | - | $196.0K | - |
| Free Cash Flow | ($7.36M) | - | - | - | $2.68M | - | - | - | $281.0K | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | 85.8% | - | 89.9% | 89.4% | 90.8% | - | 90.1% | 90.0% | 88.7% | - |
| Operating margin | -40.5% | - | -50.1% | -50.0% | -46.6% | - | -53.8% | -51.1% | -70.5% | - |
| EBITDA margin | -34.7% | - | - | - | -41.5% | - | - | - | -64.1% | - |
| Net margin | -34.7% | - | -51.6% | -55.3% | -49.1% | - | -52.2% | -57.2% | -72.6% | - |
| Free cash flow margin | -32.1% | - | - | - | 16.2% | - | - | - | 2.2% | - |
| FCF / Net income | 0.92 | - | - | - | -0.33 | - | - | - | -0.03 | - |
| R&D / Revenue | 63.0% | - | 72.7% | 73.8% | 71.8% | - | 81.0% | 73.5% | 83.7% | - |
| SG&A / Revenue | 23.6% | - | 27.9% | 27.3% | 26.1% | - | 29.1% | 33.1% | 33.4% | - |
| Effective tax rate | - | - | - | - | - | - | - | - | - | - |
| Return on assets | -5.7% | - | -8.3% | -8.5% | -8.3% | - | -7.9% | -8.7% | -9.3% | - |
| Return on equity | -307.2% | - | 78.5% | 121.3% | 168.5% | - | -348.0% | -158.2% | -98.5% | - |
| Return on invested capital | - | - | - | - | - | - | - | - | - | - |
| Liquidity | ||||||||||
| Current ratio | 0.73 | 1.13 | 0.91 | 0.98 | 1.02 | 1.17 | 1.16 | 1.14 | 1.24 | 1.26 |
| Quick ratio | 0.73 | 1.13 | 0.91 | 0.98 | 1.02 | 1.17 | 1.16 | 1.14 | 1.24 | 1.26 |
| Cash ratio | 0.14 | 0.46 | 0.26 | 0.26 | 0.29 | 0.23 | 0.33 | 0.43 | 0.52 | 0.30 |
| Leverage | ||||||||||
| Debt / Equity | - | - | - | - | - | - | - | - | - | - |
| Debt / Assets | - | - | - | - | - | - | - | - | - | - |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Interest coverage | -244.7x | - | -177.8x | -82.5x | -77.1x | - | -79.2x | -74.4x | -120.2x | - |
| Equity multiplier | 53.99 | -7.86 | -9.41 | -14.20 | -20.39 | -89.34 | 44.23 | 18.27 | 10.62 | 6.81 |
| Liabilities / Assets | 0.98 | 1.13 | 1.11 | 1.07 | 1.05 | 1.01 | 0.98 | 0.95 | 0.91 | 0.85 |
| Efficiency | ||||||||||
| Asset turnover | 0.16 | - | 0.16 | 0.15 | 0.17 | - | 0.15 | 0.15 | 0.13 | - |
| Inventory turnover | - | - | - | - | - | - | - | - | - | - |
| Days sales outstanding | 234d | - | 346d | 415d | 227d | - | 216d | 224d | 346d | - |
| Days inventory outstanding | - | - | - | - | - | - | - | - | - | - |
| Days payable outstanding | 63d | - | 107d | 179d | 54d | - | 35d | 85d | 187d | - |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | - | - | - | - | - | - | - | - | - | - |
| P / B | 289.0x | - | - | - | - | - | 137.3x | 54.8x | 28.9x | - |
| P / S | 32.6x | - | 24.8x | 24.2x | 17.1x | - | 20.6x | 19.8x | 21.3x | - |
| EV / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | 38.7% | - | 18.3% | 13.2% | 27.7% | - | 10.8% | -1.1% | -1.6% | - |
| Revenue CAGR (3y) | 20.4% | - | 11.4% | 15.1% | 12.0% | - | 18.0% | - | - | - |
| Revenue CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Gross profit growth (YoY) | 31.2% | - | 18.0% | 12.5% | 30.7% | - | 10.5% | -2.9% | -4.6% | - |
| Operating income growth (YoY) | -20.7% | - | -10.0% | -10.8% | 15.6% | - | 6.3% | 14.3% | -4.3% | - |
| Net income growth (YoY) | 2.0% | - | -17.0% | -9.4% | 13.6% | - | 5.7% | 9.0% | -4.4% | - |
| EPS growth (YoY) | 15.0% | - | -5.0% | 0.0% | 20.0% | - | 13.0% | 15.4% | 3.8% | - |
| EPS CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| FCF growth (YoY) | - | - | - | - | 852.7% | - | - | - | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | - | -1131.6% | - | - | - | - | -90.0% | -80.4% | -70.0% | -59.8% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Product / service
$77.30M totalLicense And Maintenance$63.86M · 82.6%
Variable Royalties And Other$6.72M · 8.7%
Royalty$6.60M · 8.5%
Service Other$124.0K · 0.2%
Geographic
$133.49M totalAsia Pacific$33.60M · 25.2%
Americas$29.31M · 22.0%
US$28.01M · 21.0%
CN$17.27M · 12.9%
KR$8.57M · 6.4%
Other Asia$7.76M · 5.8%
Europe And Middle East$7.67M · 5.7%
Other Americas$1.30M · 1.0%
Peer comparison
Same SIC group: Semiconductors & Related Devices
Comparing Arteris against the 5 most active filers in the same SIC group.