Arteris (AIP) financial statements
Arteris reported revenue of $71M in fiscal 2025, up 17.3% a year over 5 years.
Net income was -$35M and the operating margin -47.0%, against -11.9% in 2020.
Free cash flow was $5M.
The diluted share count rose 141% over the period (dilution).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from Arteris's 10-K filings with the SEC.
| Fiscal year | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Revenue | $32M | $38M | $50M | $54M | $58M | $71M |
| Cost of revenue | $1M | $4M | $4M | $5M | $6M | $7M |
| Gross profit | $30M | $34M | $46M | $49M | $52M | $64M |
| Research and development | $17M | $31M | $41M | $45M | $45M | $50M |
| Selling, general and admin | $17M | $25M | $34M | $39M | $38M | $47M |
| Operating income | -$4M | -$22M | -$29M | -$35M | -$32M | -$33M |
| Interest expense | $100,000 | $105,000 | $89,000 | $211,000 | $244,000 | $193,000 |
| Pre-tax income | -$2M | -$22M | -$28M | -$32M | -$31M | -$33M |
| Income tax | $1M | $1M | -$417,000 | $2M | $2M | $1M |
| Net income | -$3M | -$23M | -$27M | -$37M | -$34M | -$35M |
| EPS (diluted) | -$0.19 | -$1.06 | -$0.84 | -$1.03 | -$0.86 | -$0.82 |
| Diluted shares | 18M | 22M | 33M | 36M | 39M | 42M |
| Gross margin | 95.3% | 90.1% | 91.5% | 90.5% | 89.7% | 90.2% |
| Operating margin | -11.9% | -57.5% | -57.3% | -65.5% | -54.7% | -47.0% |
| Net margin | -10.2% | -61.8% | -54.4% | -68.7% | -58.3% | -49.2% |
Balance sheet
Fiscal years, from Arteris's 10-K filings with the SEC.
| Fiscal year | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Cash and short-term investments | $12M | $86M | $68M | $41M | $44M | $34M |
| Receivables | $14M | $14M | $7M | $12M | $21M | $19M |
| Total current assets | $29M | $107M | $81M | $58M | $69M | $82M |
| Property, plant and equipment | $2M | $2M | $4M | $6M | $4M | $4M |
| Goodwill | $3M | $3M | $4M | $4M | $4M | $4M |
| Total assets | $43M | $120M | $116M | $103M | $106M | $115M |
| Total current liabilities | $28M | $42M | $44M | $46M | $59M | $73M |
| Total liabilities | $49M | $68M | $78M | $88M | $107M | $130M |
| Shareholders' equity | -$12M | $53M | $38M | $15M | -$1M | -$15M |
| Net debt | -$12M | -$86M | -$37M | -$14M | -$14M | -$34M |
Cash flow
Fiscal years, from Arteris's 10-K filings with the SEC.
| Fiscal year | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Operating cash flow | $2M | -$814,000 | -$7M | -$16M | -$720,000 | $7M |
| Capital spending | $654,000 | $808,000 | $1M | $2M | $324,000 | $1M |
| Free cash flow | $2M | -$2M | -$8M | -$17M | -$1M | $5M |
| Stock-based compensation | $458,000 | $6M | $12M | $15M | $16M | $18M |
| Free cash flow margin | 4.7% | -4.3% | -15.5% | -32.1% | -1.8% | 7.6% |
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Open AIP in InvestinglyQuestions
What was Arteris's revenue in 2025?
$71M in fiscal 2025, from its 10-K filing.
How much free cash flow does Arteris generate?
$5M in fiscal 2025 (operating cash flow minus capital spending).
From Arteris's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.