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Arteris, Inc. AIP R2K

Technology · Semiconductors · United States
https://www.arteris.com

Arteris, Inc., together with its subsidiaries, provides semiconductor system intellectual property (IP) solutions in the United States, rest of the Americas, China, Korea, the rest of the Asia Pacific, Europe, and the Middle East. It manages on-chip communications and IP block deployments in System-on-Chip (SoC) semiconductors and systems of chiplets. The company offers Network-on-Chip (NoC) IP Products, such as FlexGen, FlexNoC, and FlexWay, a non-coherent NoC IP; Ncore, a cache-coherent NoC IP; and CodaCache, a last-level cache. It also provides hardware security verification software products, such as Cycuity Radix-S to detect and remediate security issues in IP blocks and subsystems of an SoC; Cycuity Radix-M for hardware security verification emulation for system-level SoC and firmware; and Cycuity Radix-ST, a static security analyzer that identifies potential design weaknesses early in the development lifecycle, as well as SoC integration automation software solutions products, including Magillem Connectivity and Registers, and CSRCompiler. In addition, the company offers professional services, such as training, design assistance, and consulting; licensing services for software and intellectual properties; IP support and maintenance; and on-site support services. It serves the automotive, communications, enterprise computing, consumer electronics, and industrial markets. Arteris, Inc. was founded in 2003 and is headquartered in Campbell, California.

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$35.95
+362.68% 1Y

Market & Price

Market Cap
$1.66B
Current Price
$35.95
High / Low (52W)
$37.91 / $7.65
Beta
1.94

Valuation

Stock P/E
-
Industry PE
32.74
Forward P/E
224.69
PEG Ratio
-
Book Value
$0.06
Price to Book
641.96
P/S
21.56
EV/EBITDA
-53.80
Dividend Yield
-

Profitability & Returns

ROCE
-72.35%
ROE
-
ROA
-17.92%
Profit Margin
-44.92%
Op Margin
-38.00%
EPS (Latest Qtr)
$-0.17
EPS (TTM)
$-0.79

Balance Sheet & Liquidity

Debt/Equity
2.60
Quick Ratio
0.64
Current Ratio
0.73
Debt
$6.74M
Total Assets
$115.03M
Current Assets
$82.39M
Working Capital
$9.19M

Ownership

Promoter Holding
25.50%
Chg in Prom Hold
-0.01%
FII / Inst Holding
61.12%
Chg in FII Hold
-

Financial Snapshot

Enterprise Value
$1.63B
Total Revenue (TTM)
$76.98M
EBITDA
$-30.27M
Free Cash Flow
$20.36M
Operating Cash Flow
$-3.19M
Shares Outstanding
46.17M
Gross Margin
88.80%
Payout Ratio
0.00%

Growth (CAGR)

Revenue 5Y
11.90%
Profit 5Y
-8.96%
Revenue (YoY)
38.70%
Earnings (YoY)
-

PROS

  • Compounding revenue at 11.9% over 5 years.
  • Generates positive free cash flow.
  • In a confirmed uptrend (50-DMA above 200-DMA).

CONS

  • Earnings shrank at -9.0% CAGR over 5 years.

* The pros and cons are auto-generated from financial metrics.

Price Chart

Robinhood TradingView StockAnalysis

Fundamental Growth

Figures from the latest reported periods. CAGR is computed across the displayed window (quarterly CAGR is annualised assuming 4 quarters per year).

Peer comparison

Peer companies in the same sector (Technology).

#NameCMP $P/E Mkt CapDiv Yld % ROCE %ROE % Rev CAGR 5Y %Profit CAGR 5Y %
1 AIP Arteris, Inc. R2K 35.95 - $1.66B - -72.35% - 11.90% -8.96%
2 NVDA NVIDIA Corporation NDXSPXAI 211.14 32.38 $5.11T 0.47% 81.14% 114.29% 100.05% 201.80%
3 AAPL Apple Inc. NDXSPX 312.06 37.73 $4.58T 0.35% 68.72% 141.47% 1.81% 3.92%
4 MSFT Microsoft Corporation NDXSPXAI 450.24 26.82 $3.34T 0.81% 26.37% 34.01% 12.42% 11.87%
5 TSM Taiwan Semiconductor Manufacturing Company Limited AI 418.45 35.86 $2.17T 0.91% 32.04% 36.21% 18.94% 19.57%
6 MU Micron Technology, Inc. NDXSPXAI 971.00 45.87 $1.10T 0.06% 14.20% 39.82% 6.71% -0.57%
7 AMD Advanced Micro Devices, Inc. NDXSPXAI 516.10 172.61 $841.55B - 6.33% 8.06% 13.64% 48.64%
8 ORCL Oracle Corporation SPXAI 225.78 40.46 $649.35B 0.89% 13.07% 57.57% 10.59% 22.81%
9 ASML ASML Holding N.V. NDXAI 1,612.76 53.76 $621.59B 0.54% 43.81% 52.24% 15.55% 19.55%
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Quarterly Results

Figures in USD.

Metric Sep 2020Mar 2021Jun 2021Sep 2021Mar 2022Jun 2022Sep 2022Mar 2023Jun 2023Sep 2023Mar 2024Jun 2024Sep 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Revenue 6.43M6.66M10.81M8.96M11.76M14.82M12.60M13.15M14.73M13.27M12.95M14.57M14.71M16.53M16.50M17.41M20.14M22.94M
Cost of Revenue -------------1.53M1.74M1.77M1.86M3.25M
Gross Profit 6.20M5.79M9.95M8.08M10.78M13.53M11.67M12.03M13.51M11.99M11.48M13.12M13.25M15.01M14.76M15.64M18.28M19.69M
Operating Expenses -------------22.71M23.01M24.36M26.74M28.40M
Operating Income -2.62M-6.45M-3.52M-4.52M-6.62M-5.43M-7.75M-8.76M-8.68M-8.45M-9.13M-7.44M-7.92M-7.71M-8.25M-8.71M-8.47M-8.72M
EBITDA --------------6.15M-6.62M-7.24M-6.89M-7.28M
Interest Expense -------------48.00K42.00K49.00K54.00K38.00K
Pretax Income --------------7.04M-7.50M-8.13M-7.79M-8.67M
Tax Provision -------------268.00K846.00K380.00K-19.00K-3.70M
Net Income -3.84M-6.72M-3.91M-4.97M-6.82M-5.67M-7.68M-9.01M-9.16M-8.15M-9.40M-8.34M-7.69M-8.12M-9.13M-8.99M-8.50M-7.96M
Diluted EPS -0.22-0.36-0.20-0.24-0.22-0.18-0.23-0.26-0.26-0.23-0.25-0.22-0.20-0.20-0.22-0.21-0.19-0.17
R&D Expense 4.01M6.54M6.42M7.61M9.46M10.37M11.02M11.38M12.09M11.00M10.84M10.72M11.92M11.86M12.17M12.65M-14.46M

Profit & Loss (Annual)

Figures in USD.

Metric Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Revenue 31.81M-50.38M53.67M57.72M70.58M
Cost of Revenue --4.28M5.08M5.96M6.89M
Gross Profit 30.32M-46.10M48.59M51.76M63.68M
Operating Expenses --74.95M83.73M83.36M96.82M
Operating Income -3.78M--28.86M-35.14M-31.60M-33.14M
EBITDA ---25.33M-28.52M-24.83M-26.89M
Interest Expense --89.00K211.00K244.00K193.00K
Pretax Income ---27.52M-31.80M-28.44M-30.46M
Tax Provision ---417.00K1.68M2.50M1.48M
Net Income -3.26M--27.39M-36.87M-33.64M-34.75M
Diluted EPS -0.19--0.84-1.03-0.86-0.82
R&D Expense 17.02M30.81M41.17M45.13M45.01M49.91M

Compounded Sales Growth

5 Years:11.90%
1 Year:38.70%

Compounded Profit Growth

5 Years:-8.96%
1 Year:-

Stock Price Performance

1 Year:+362.68%
6 Months:+163.56%
3 Months:+111.60%
1 Month:+33.00%

Balance Sheet (Annual)

Figures in USD.

Metric Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Total Assets -42.74M-115.52M102.80M106.14M115.03M
Current Assets ---81.11M58.43M69.08M82.39M
Cash & Equivalents -11.74M-37.42M13.70M13.68M33.90M
Inventory -------
Receivables ---6.63M11.06M19.37M17.49M
Total Liabilities -49.03M-77.98M87.70M107.32M129.66M
Current Liabilities -28.23M-43.67M46.40M59.28M73.20M
Long Term Debt ---448.00K1.29M594.00K452.00K
Total Debt ---3.62M7.75M5.99M5.97M
Total Equity -9.43M-12.01M-37.53M15.10M-1.19M-14.63M
Shares Outstanding ---34.63M37.52M40.72M44.27M

Cash Flows (Annual)

Figures in USD.

Metric Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Operating Cash Flow 2.16M--6.77M-15.73M-720.00K6.73M
Investing Cash Flow -5.15M--37.48M-4.69M970.00K12.03M
Financing Cash Flow 790.00K--4.15M-2.92M-262.00K1.42M
Capital Expenditure -654.00K--1.05M-1.50M-324.00K-1.39M
Free Cash Flow 1.51M--7.82M-17.23M-1.04M5.34M
Net Change in Cash ---48.40M-23.34M-12.00K20.18M

Ratios (Annual)

Figures in %.

Metric Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Gross Margin % 95.3%-91.5%90.5%89.7%90.2%
Operating Margin % -11.9%--57.3%-65.5%-54.7%-47.0%
Net Margin % -10.2%--54.4%-68.7%-58.3%-49.2%
ROE % 27.1%--73.0%-244.1%2,831.5%237.5%
ROCE % -26.0%--40.2%-62.3%-67.4%-79.2%

Shareholding Pattern

Insiders
25.50%
Institutions
61.12%
Public Float
82.04%

Top Institutional Holders

#Holder% HeldSharesValue
1 Needham Investment Management, L.L.C. 8.56% 3.95M $142.09M
2 Blackrock Inc. 4.55% 2.10M $75.52M
3 Franklin Resources, Inc. 3.83% 1.77M $63.54M
4 Vanguard Capital Management LLC 2.96% 1.37M $49.13M
5 Samjo Management, LLC 2.48% 1.14M $41.13M
6 Goldman Sachs Group Inc 2.05% 947.53K $34.06M
7 Acadian Asset Management. LLC 2.02% 933.52K $33.56M
8 State Street Corporation 1.77% 816.86K $29.37M
9 Geode Capital Management, LLC 1.71% 791.32K $28.45M
10 Nuveen, LLC 1.68% 773.86K $27.82M

Analyst View

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