Arteris, Inc. AIP
We are a leading provider of semiconductor system IP, including interconnect and other intellectual property (collectively, System IP) technology. Our System IP technology manages on-chip communications and IP block deployments by helping to enable the underlying data movement across chiplets, single-die and multi-die System-on-Chip (SoC) semiconductors. Our leading proprietary System IP solutions achieve this by connecting various semiconductor IP blocks such as processors, memory and logic via multiple Network-on-Chips (NoCs) in order for our customers to meet functional design goals as well as performance and power requirements, while addressing design complexity with efficient and lower cost solutions.
Valuation FY2025 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|
| Revenue | $70.6M | $57.7M | $53.7M | $50.4M | $37.9M | $31.8M | — |
| Cost of revenue | $6.9M | $6.0M | $5.1M | $4.3M | $3.7M | $1.5M | — |
| Gross profit | $63.7M | $51.8M | $48.6M | $46.1M | $34.1M | $30.3M | — |
| R&D | $49.9M | $45.0M | $45.1M | $41.2M | $30.8M | $17.0M | — |
| SG&A | $20.1M | $17.6M | $17.9M | $16.4M | $13.4M | $7.3M | — |
| Total operating expenses | $96.8M | $83.4M | $83.7M | $75.0M | $55.9M | $34.1M | — |
| Operating income | -$33.1M | -$31.6M | -$35.1M | -$28.9M | -$21.8M | -$3.8M | — |
| Interest expense | $193.0K | $244.0K | $211.0K | $89.0K | $105.0K | — | — |
| Pre-tax income | -$33.3M | -$31.1M | -$35.2M | -$27.8M | -$22.3M | -$2.2M | — |
| Income tax | $1.5M | $2.5M | $1.7M | $417.0K | $1.0M | $1.0M | — |
| Net income | -$34.7M | -$33.6M | -$36.9M | -$27.4M | -$23.4M | -$3.3M | — |
| EPS, basic | -0.82 | -0.86 | -1.03 | -0.84 | -1.06 | -0.19 | — |
| EPS, diluted | -0.82 | -0.86 | -1.03 | -0.84 | -1.06 | -0.19 | — |
| Shares, diluted (wtd. avg.) | 42.3M | 38.9M | 35.7M | 32.6M | 22.0M | 17.6M | — |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|
| Cash and equivalents | $33.9M | $13.7M | $14.1M | $37.4M | $85.8M | $11.7M | $13.9M |
| Short-term investments | — | $30.2M | $27.5M | $30.7M | — | — | — |
| Receivables | $19.2M | $20.6M | $12.0M | $7.1M | $13.9M | $14.3M | — |
| Total current assets | $82.4M | $69.1M | $58.4M | $81.1M | $106.6M | $29.0M | — |
| Property, plant and equipment | $3.9M | $4.0M | $5.7M | $3.6M | $2.4M | $2.4M | — |
| Goodwill | $4.2M | $4.2M | $4.2M | $4.2M | $2.7M | $2.7M | — |
| Other intangibles | $2.2M | $3.0M | $3.9M | $4.6M | $3.0M | $3.4M | — |
| Total assets | $115.0M | $106.1M | $102.8M | $115.5M | $120.4M | $42.7M | — |
| Accounts payable | $340.0K | $539.0K | $183.0K | $572.0K | $1.7M | $1.1M | — |
| Total current liabilities | $73.2M | $59.3M | $46.4M | $43.7M | $42.5M | $28.2M | — |
| Total liabilities | $129.7M | $107.3M | $87.7M | $78.0M | $67.5M | $49.0M | — |
| Retained earnings | -$171.6M | -$136.9M | -$103.2M | -$66.4M | -$39.0M | -$15.6M | — |
| Total equity | -$14.6M | -$1.2M | $15.1M | $37.5M | $52.9M | -$12.0M | -$9.4M |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|
| Operating cash flow | $6.7M | -$720.0K | -$15.7M | -$6.8M | -$814.0K | $2.2M | — |
| Depreciation and amortisation | $3.4M | $3.4M | $3.1M | $2.1M | $1.5M | $935.0K | — |
| Stock-based compensation | $18.4M | $15.9M | $14.5M | $11.7M | $5.5M | $458.0K | — |
| Capital expenditure | $1.4M | $324.0K | $1.5M | $1.1M | $808.0K | $654.0K | — |
| Investing cash flow | $12.0M | $970.0K | -$4.7M | -$37.5M | -$1.4M | -$5.1M | — |
| Financing cash flow | $1.4M | -$262.0K | -$2.9M | -$4.2M | $76.3M | $790.0K | — |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001628280-26-007726.
Plot the figures US dollars
- Revenue
- Gross profit
- Net income
| Fiscal year | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|
| Revenue | — | $31.8M | $37.9M | $50.4M | $53.7M | $57.7M | $70.6M |
| Gross profit | — | $30.3M | $34.1M | $46.1M | $48.6M | $51.8M | $63.7M |
| Net income | — | -$3.3M | -$23.4M | -$27.4M | -$36.9M | -$33.6M | -$34.7M |
Recent filings and events
- Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
- Officer or director change Someone at the top arrived or left. The item covers everything from a board retirement to a chief executive being removed, and only the filing itself says which. Item 5.02
- Regulation FD disclosure Something the company told the market and had to tell everyone at once - usually a slide deck or a press release. Item 7.01
- Shareholder vote The results of the annual meeting or a special vote. Item 5.07
- Results announced Item 2.02
- Officer or director change Item 5.02
- Annual report filed A new 10-K. The figures and the business description on this site come from it. Form 10-K
- Results announced Item 2.02
- Material agreement signed The company entered an agreement outside the ordinary course of business - a large contract, a credit facility, a merger agreement. Item 1.01
- Results announced Item 2.02
- Results announced Item 2.02
- Shareholder vote Item 5.07
Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.
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