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AIP

Arteris, Inc.

AIP

Arteris, Inc. • NASDAQ
$14.34 ▲ 3.99% (+0.55)
Market Cap $626.43 M
52w High $15.92
52w Low $5.46
Dividend Yield 0%
P/E -17.28
Volume 261.28K
Outstanding Shares 43.68M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $17.408M ▲ $24.356M ▲ $-8.991M ▲ -51.649% ▲ $-0.21 ▲ $-7.719M ▼
Q2-2025 $16.502M ▼ $23.008M ▲ $-9.13M ▼ -55.327% ▼ $-0.22 ▼ $-6.617M ▼
Q1-2025 $16.532M ▲ $22.714M ▲ $-8.121M ▲ -49.123% ▲ $-0.2 $-6.146M ▼
Q4-2024 $15.489M ▲ $21.016M ▼ $-8.204M ▼ -52.967% ▼ $-0.2 $-5.39M ▲
Q3-2024 $14.713M $21.171M $-7.687M -52.246% $-0.2 $-6.3M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $39.081M ▲ $107.737M ▲ $119.186M ▲ $-11.449M ▼
Q2-2025 $37.957M ▼ $106.88M ▲ $114.409M ▲ $-7.529M ▼
Q1-2025 $42.313M ▼ $98.319M ▼ $103.14M ▼ $-4.821M ▼
Q4-2024 $43.841M ▼ $106.135M ▲ $107.323M ▲ $-1.188M ▼
Q3-2024 $48.669M $97.715M $95.506M $2.209M

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q3-2025 $-8.991M ▲ $3.188M ▲ $-1.631M ▼ $-181K ▼ $1.317M ▲ $2.472M ▲
Q2-2025 $-9.13M ▼ $-2.485M ▼ $705K ▲ $1.508M ▲ $-272K ▼ $-2.84M ▼
Q1-2025 $-8.121M ▲ $2.86M ▲ $-121K ▲ $-52K ▼ $2.687M ▲ $2.677M ▲
Q4-2024 $-8.204M ▼ $-2.631M ▼ $-1.928M ▲ $414K ▲ $-4.145M ▲ $-2.681M ▼
Q3-2024 $-7.687M $1.123M $-4.647M $-775K $-4.299M $1.092M

Revenue by Products

Product Q4-2024Q1-2025Q2-2025Q3-2025
License and Maintenance
License and Maintenance
 $10.00M ▲$20.00M ▲$20.00M ▲$20.00M ▲
Royalty
Royalty
 $0 ▲$0 ▲$0 ▲$0 ▲
Service Other
Service Other
 $0 ▲$0 ▲$0 ▲$0 ▲

Five-Year Company Overview

Income Statement

Income Statement Arteris shows a classic growth-stage profile: revenue has been climbing at a healthy pace and gross margins appear very strong, which fits an IP and software-heavy business. However, the company is still meaningfully unprofitable, with operating and net losses each year since going public. Losses grew after the listing and only recently show signs of modest improvement. The business model looks attractive in theory, but it has not yet scaled to a level where revenue comfortably covers the cost base, so profitability remains a key uncertainty.

Balance Sheet

Balance Sheet The balance sheet looks light and relatively simple, reflecting an asset‑light IP business. Total assets are modest, and cash has trended down from earlier post‑IPO levels to a much thinner cushion, while a small amount of debt has appeared. Shareholders’ equity has been eroded by accumulated losses and is now very slim, suggesting limited balance‑sheet absorbency if conditions worsen. Overall, financial flexibility exists but is not abundant, so future funding and careful cost control matter.

Cash Flow

Cash Flow Cash generation is not yet a clear strength. Operating cash flow has hovered around breakeven with some negative years, and free cash flow mirrors this, helped by minimal capital spending needs. This supports the idea of a scalable, low‑capex model but also highlights that the business is still consuming or just barely covering cash rather than producing it consistently. With a relatively small cash reserve, sustained negative cash flow would become a pressure point, so the path to steadier inflows is important.

Competitive Edge

Competitive Edge Arteris occupies a focused niche in semiconductor design, supplying on‑chip network and integration IP rather than manufacturing chips. Its technology addresses a critical bottleneck—moving data efficiently inside complex chips—especially important for AI, automotive, and high‑performance computing. The licensing and royalty model tends to be high margin and sticky once designed into a chip, and long product cycles, particularly in autos, can lock in relationships. At the same time, Arteris is a smaller player operating alongside very large IP and design-tool companies, so it faces the usual risks of customer concentration, pricing pressure, and the need to keep proving its value against broader platform vendors.

Innovation and R&D

Innovation and R&D Innovation is clearly the core of Arteris’ strategy. The company has built a specialized portfolio around Network‑on‑Chip interconnects, cache and integration tools, and has expanded into automation software that helps assemble complex system‑on‑chip designs. It is also leaning into newer trends like chiplets and multi‑die architectures, and using AI‑driven tools to speed and optimize design work. This positions Arteris on the leading edge of how next‑generation chips are put together. The flip side is that staying ahead requires sustained R&D spending and flawless execution in fast‑moving technical standards, which can be demanding for a company of its size.

Summary

Arteris looks like a technically strong, niche semiconductor IP provider with a business model that could be very attractive at scale but is not yet financially mature. Revenue and gross profitability trends are encouraging, and the company appears well placed in key growth end‑markets such as AI and automotive, supported by long‑term, sticky customer relationships. However, persistent losses, a thinner cash position, and a now‑light equity base increase sensitivity to execution missteps and market slowdowns. The central question going forward is whether Arteris can convert its evident technology and strategic positioning into sustained positive cash flow and durable profitability before financial constraints become more binding.

NEWS

November 11, 2025 · 9:00 AM UTC

Blaize Deploys Arteris NoC IP to Power Scalable, Energy-Efficient Edge AI Solutions

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November 4, 2025 · 4:06 PM UTC

Arteris Announces Financial Results for the Third Quarter and Estimated Fourth Quarter and Updated Full Year 2025 Guidance

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November 4, 2025 · 4:05 PM UTC

Arteris Selected by Altera to Advance Intelligent Computing Across Cloud-to-Edge Applications

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October 23, 2025 · 4:05 PM UTC

Arteris to Announce Financial Results for the Third Quarter 2025 on Tuesday, November 4, 2025

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October 23, 2025 · 9:00 AM UTC

Arteris Selected by Axelera AI to Accelerate Computer Vision for Edge Devices

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