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.
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