Arteris, Inc.

AIP Technology Semiconductors

Arteris, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $70.6 million, up 22.3% from fiscal 2024.

Revenue
+48.1%
EPS
−9.52%
Free cash flow
−186.0%
Total debt
+38.8%

Quarter to September 2026, against a year earlier

17.73 1.80 +11.30%
Market cap
$783.0M
P/E
0.0×
Fwd P/E
−25.2×
Dividend yield
—
F-score
6/9
Altman Z
0.70
Beneish M
−4.32
Dividend safety
n/a

Insider Decisions last twelve months

Sold, $m 121.84
Trades a month
Jan 26 Apr 26 Jul 26 Oct 26
Buy — — — — — — — — — — — —
Sell 13 14 4 5 13 9 7 12 5 4 6 2
Insider Ownership 19.73%

Capital & Financial Ratios $m

Size
Market Cap 782.99
Revenue ttm 92.98
Net income ttm (41.68)
Free cash flow ttm 2.17
Net debt Q (104.18)
Valuation
P/E 0.00
Forward P/E (25.20) (negative: loss-making)
Price / sales 8.47
Forward P/S Powerpack
Price / FCF 363.09
Price / book 11.95 (above 6: high)
Financial health
Current ratio Q 1.35
Debt / equity Q 0.00 (at or below 0.5: strong)
Interest coverage Q (133.13)
Growth
Revenue growth Q +48.06% (above 0%: growing)
Operating income growth Q −29.86% (below 0%: shrinking)
EPS, this year +46.98% (at or above 15%: strong)
EPS, next year A +173.46% (at or above 15%: strong)
Revenue, next year A −91.77% (below 0%: weak)
EPS, past 5 yrs —
EPS, next 5 yrs A +71.89% (at or above 15%: strong)

Green and red mark values outside typical ranges; (Q) is the latest quarter, (A) analysts’ estimates. How we judge →

Valuation vs history

P/S against its own 10 years 71.08%
10-year low 10-year high
P/B against its own 10 years 55.63%
10-year low 10-year high
EV/Sales against its own 10 years 71.39%
10-year low 10-year high

Dividends

Yield
—
Annual rate
—
Payout ratio
—

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 41 44 55 104
Receivables 12 21 19 21
Inventory — — — —
Other — — — —
58 69 82 134
2023 2024 2025 Q'26
Payables 0 1 0 1
ST’ Debt 2 1 1 —
Other — — — —
46 59 73 100

Compound Annual Growth %

10y 5y 3y
Sales — 17.28% 11.90%
Cash Flow — 25.50% 0.00%
Earnings — 0.00% 0.00%
Book Value — 0.00% 0.00%

Earnings Trends EPS, adjusted, against the consensus

EPS $

Mar Jun Sep Dec Year
’26 (0.17) (0.30) (0.23) — —
’25 (0.20) (0.22) (0.21) (0.19) (0.82)
’24 (0.25) (0.22) (0.20) (0.20) (0.86)
’23 (0.26) (0.26) (0.23) (0.29) (1.03)
’22 (0.22) (0.18) (0.23) (0.21) (0.84)
’21 (0.36) (0.20) (0.24) (0.27) (1.06)
’20 — — (0.22) — (0.19)
Fiscal quarters ending in the months shown.

Revenue $m

Mar Jun Sep Dec Year
’26 23 24 26 — —
’25 17 17 17 20 71
’24 13 15 15 15 58
’23 13 15 13 13 54
’22 12 15 13 11 50
’21 7 11 9 11 38
’20 — — 6 — 32
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 (7) 9 (2) — —
’25 3 (2) 3 3 7
’24 0 0 1 (3) (1)
’23 (8) (2) (3) (3) (16)
’22 (1) 0 (5) 0 (7)
’21 1 (2) (2) 3 (1)
’20 — — (1) 3 2
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 (7) 9 (2) — —
’25 3 (3) 2 3 5
’24 0 0 1 (3) (1)
’23 (9) (2) (3) (3) (17)
’22 (1) 0 (6) (1) (8)
’21 0 (2) (3) 3 (2)
’20 — — (1) 3 2
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

1
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Ten-year view Analyst estimates Powerpack
Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 TTM Sep ’26 Trend 10 yrs 2026e 2027e 2028e Next 3/yr
Income, $m
Income, $m Revenue — — — 32 32 38 50 54 58 71 93 +14.4% 6 7 9 (49.7%)
Gross margin, % — — — 91.52 95.31 90.15 91.50 90.54 89.67 90.23 86.91 (1.3) pt
EBT — — — 7 (2) (22) (28) (32) (31) (33) (42) n/m
EBT margin, % — — — 22.17 (7.02) (59.01) (54.63) (59.25) (53.94) (47.14) 0.00 (69.3) pt
Net income — 0 — 5 (3) (23) (27) (37) (34) (35) (42) n/m
Per share, $
Per share, $ Revenue — — — 1.00 1.81 1.72 1.55 1.50 1.48 1.67 1.88 +8.9%
Earnings — — — 0.15 (0.19) (1.06) (0.84) (1.03) (0.86) (0.82) (0.89) n/m
Cash flow — — — 0.39 0.12 (0.04) (0.21) (0.44) (0.02) 0.16 0.07 (13.8%)
Capex — — — 0.00 (0.04) (0.04) (0.03) (0.04) (0.01) (0.03) (0.03) n/m
Free cash flow — — — 0.39 0.09 (0.07) (0.24) (0.48) (0.03) 0.13 0.04 (17.0%)
Book value — — — (0.12) (0.68) 2.41 1.15 0.42 (0.03) (0.35) 1.33 +19.7%
Shares, m — — — 32 18 22 33 36 39 42 46 +5.0%
Valuation, ×
Valuation, × P/E — — — 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.0
P/S — — — 11.40 11.40 12.25 2.71 3.72 6.87 9.29 8.47 8.2
P/B — — — 0.00 0.00 8.77 3.64 13.23 0.00 0.00 11.95 3.7
EV/Sales — — — 11.09 11.09 10.01 1.39 3.02 6.15 8.54 7.38 7.3
EV/FCF — — — (185.96) (185.96) (233.73) (8.96) (9.40) (339.82) 112.73 316.65 (121.6)
Cash, $m
Cash, $m Operating cash flow — — — 12 2 (1) (7) (16) (1) 7 4 (9.4%)
Capex — — — 0 (1) (1) (1) (2) 0 (1) (1) +33.8%
Free cash flow — — — 12 2 (2) (8) (17) (1) 5 2 (12.8%)
Balance, $m
Balance, $m Working capital — — — 4 1 64 37 12 10 9 34 +17.0%
Net debt — — — (10) (10) (85) (66) (38) (42) (53) (104) +31.8%
Shareholders’ equity — — — (4) (12) 53 38 15 (1) (15) 66 +25.7%
Returns, %
Returns, % ROA — — — 34.43 (9.37) (28.66) (23.21) (33.78) (32.20) (31.42) (24.84) (65.8) pt
ROIC — — — 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.0 pt
ROE — — — (43.08) 30.41 (114.36) (60.56) (140.09) (483.48) 439.27 (153.20) +482.3 pt
People
People Employees — — — — 211 217 245 145 267 299 — +7.2%
Revenue/emp, $m — — — 0.00 0.15 0.17 0.21 0.37 0.22 0.24 — n/m
Negative figures in brackets.
estimates

All 10 years →

Fiscal years to Dec 2025 · latest quarter Sep 2026 · fundamentals updated 5 Nov 2026

Arteris, Inc. vs peers in Semiconductors (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
LASR nLight $1.7B — (loss-making) — (loss-making) +33.78% (above 0%: growing) n/m +576.25% (above 0%: growing) 31.15% (4.32%) Compare
IMOS Chipmos Technologies $1.5B 20.9× — +25.55% (above 0%: growing) n/m −9.79% (below 0%: shrinking) 17.96% 12.84% Compare
HIMX Himax Technologies, Inc. $1.3B 37.9× 25.0× +5.85% (above 0%: growing) +10.00% (above 0%: growing) −76.68% (below 0%: shrinking) 33.09% 10.80% Compare
WOLF Wolfspeed, Inc. $1.1B — (loss-making) — — n/m — 100.00% 100.00% Compare
AMBQ Ambiq Micro, Inc. $851.8M — (loss-making) — (loss-making) +89.68% (above 0%: growing) n/m +18.56% (above 0%: growing) 45.03% (25.74%) Compare
AIP Arteris, Inc. $783.0M — (loss-making) — (loss-making) +48.06% (above 0%: growing) n/m −186.00% (below 0%: shrinking) 86.61% (43.90%)
POET POET Technologies Inc. $737.2M — (loss-making) — +112.25% (above 0%: growing) n/m −55.77% (below 0%: shrinking) 100.00% (3,542.81%) Compare
CEVA Ceva, Inc. $691.5M — (loss-making) — (loss-making) +13.07% (above 0%: growing) n/m +31.02% (above 0%: growing) 87.44% (7.15%) Compare
AOSL Alpha and Omega Semiconductor Limited $560.0M — (loss-making) — (loss-making) −3.46% (below 0%: shrinking) n/m −45.84% (below 0%: shrinking) 23.09% (6.45%) Compare
Median of peers $965.9M — — +25.55% — −9.79% 39.06% (5.38%)

All 68 Semiconductors stocks →

Pay and ownership Proxy statement filed 21 April 2026

Ownership

Directors and executive officers, together 23.30%
K. Charles Janac 20.00%
Bayview Legacy, LLC 19.80%
Needham Investment Management, LLC 7.20%
Ownership is the proxy’s own table: the directors and officers as a group, and every holder of 5% or more. Read the proxy statement

Arteris, Inc. (AIP) Latest News

6 Nov

27 Oct

25 Oct

Impact 3 · · Simply Wall St.

2 Oct

Impact 3 · · Trefis

13 Aug

Impact 3 · · The Motley Fool transcript
stockrow.com/AIP · Data as of Nov 5, 2026 · For information only; not investment advice. · © 2026 stockrow.com