AIP Chart
About

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.

Fundamentals
Scroll to Statements
Sector Technology Industry Semiconductors Market Cap 639.72M
Enterprise Value 611.55M Income -34.75M Sales 70.58M
Book/sh -0.33 Cash/sh 1.20 Dividend Yield —
Payout 0.00% Employees 299 IPO —
P/E — Forward P/E 136.17 PEG —
P/S 9.06 P/B -42.51 P/C —
EV/EBITDA -20.55 EV/Sales 8.66 Quick Ratio 1.03
Current Ratio 1.13 Debt/Eq — LT Debt/Eq —
EPS (ttm) -0.82 EPS next Y 0.10 EPS Growth —
Revenue Growth 30.00% Earnings 2026-05-12 ROA -18.73%
ROE — ROIC — Gross Margin 90.23%
Oper. Margin -42.05% Profit Margin -49.23% Shs Outstand 45.47M
Shs Float 34.89M Short Float 4.80% Short Ratio 2.39
Short Interest — 52W High 19.85 52W Low 5.46
Beta 1.45 Avg Volume 506.26K Volume 220.72K
Target Price $20.25 Recom None Prev Close $14.52
Price $14.07 Change -3.10%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$20.25
Mean price target
2. Current target
$14.07
Latest analyst target
3. DCF / Fair value
$4.32
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$14.07
Low
$16.00
High
$24.00
Mean
$20.25

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2026-02-13 main Rosenblatt Buy → Buy $20
2025-12-15 main Rosenblatt Buy → Buy $20
2025-11-05 main TD Cowen Buy → Buy $17
2025-11-05 main Rosenblatt Buy → Buy $20
2025-05-21 main Rosenblatt Buy → Buy $14
2025-02-19 main Northland Capital Markets Outperform → Outperform $16
2025-02-19 main Rosenblatt Buy → Buy $15
2025-02-18 main Rosenblatt Buy → Buy $15
2024-11-06 main Rosenblatt Buy → Buy $15
2024-08-05 main Rosenblatt Buy → Buy $15
2024-08-05 reit WestPark Capital Buy → Buy $11
2024-07-31 reit WestPark Capital Buy → Buy $11
2024-05-13 down Jefferies Buy → Hold $9
2024-05-03 reit Rosenblatt Buy → Buy $15
2024-02-20 reit Wedbush Outperform → Outperform $17
2023-09-13 reit Rosenblatt Buy → Buy $21
2023-09-06 main Northland Capital Markets Outperform → Outperform $14
2023-08-07 reit Rosenblatt Buy → Buy $21
2023-08-03 reit Rosenblatt Buy → Buy $21
2023-06-09 reit Rosenblatt Buy → Buy $21
Insider Transactions
Date Shares Value Url Text Insider Position Transaction Start Date Ownership
0 109721 1887866 — Sale at price 17.02 - 17.21 per share. RAZA SAIYED ATIQ Director — 2026-03-04 00:00:00 I
1 90279 1545260 — Sale at price 17.00 - 17.14 per share. RAZA SAIYED ATIQ Director — 2026-02-27 00:00:00 I
2 70000 — — Stock Gift at price 0.00 per share. JANAC K. CHARLES Chief Executive Officer — 2026-02-20 00:00:00 I
3 70000 — — Stock Gift at price 0.00 per share. BAYVIEW LEGACY, L.L.C. Beneficial Owner of more than 10% of a Class of Security — 2026-02-20 00:00:00 I
4 78051 — — Stock Award(Grant) at price 0.00 per share. JANAC K. CHARLES Chief Executive Officer — 2026-02-18 00:00:00 D
5 32385 — — Stock Award(Grant) at price 0.00 per share. ALPERN PAUL LAWRENCE General Counsel — 2026-02-18 00:00:00 D
6 41217 — — Stock Award(Grant) at price 0.00 per share. HAWKINS NICHOLAS B. Chief Financial Officer — 2026-02-18 00:00:00 D
7 37553 — — Stock Award(Grant) at price 0.00 per share. MOLL LAURENT R Chief Operating Officer — 2026-02-18 00:00:00 D
8 50000 759788 — Sale at price 15.03 - 15.21 per share. JANAC K. CHARLES Chief Executive Officer — 2026-02-10 00:00:00 I
9 50000 759788 — Sale at price 15.03 - 15.21 per share. BAYVIEW LEGACY, L.L.C. Beneficial Owner of more than 10% of a Class of Security — 2026-02-10 00:00:00 I
Financials
Line Item2025-12-312024-12-312023-12-312022-12-31
TaxEffectOfUnusualItems0.000.000.000.00
TaxRateForCalcs0.210.210.210.02
NormalizedEBITDA-26.89M-24.83M-28.52M-25.33M
TotalUnusualItems10.00K
TotalUnusualItemsExcludingGoodwill10.00K
NetIncomeFromContinuingOperationNetMinorityInterest-34.75M-33.64M-36.87M-27.39M
ReconciledDepreciation3.38M3.36M3.07M2.10M
ReconciledCostOfRevenue6.89M5.96M5.08M4.28M
EBITDA-26.89M-24.83M-28.52M-25.33M
EBIT-30.27M-28.20M-31.58M-27.43M
NetInterestIncome-193.00K-244.00K-211.00K-89.00K
InterestExpense193.00K244.00K211.00K89.00K
InterestIncome1.43M
NormalizedIncome-34.75M-33.64M-36.87M-27.39M
NetIncomeFromContinuingAndDiscontinuedOperation-34.75M-33.64M-36.87M-27.39M
TotalExpenses103.72M89.32M88.81M79.23M
TotalOperatingIncomeAsReported-33.14M-31.60M-35.14M-28.86M
DilutedAverageShares42.29M38.91M35.68M32.58M
BasicAverageShares42.29M38.91M35.68M32.58M
DilutedEPS-0.82-0.86-1.03-0.84
BasicEPS-0.82-0.86-1.03-0.84
DilutedNIAvailtoComStockholders-34.75M-33.64M-36.87M-27.39M
NetIncomeCommonStockholders-34.75M-33.64M-36.87M-27.39M
NetIncome-34.75M-33.64M-36.87M-27.39M
NetIncomeIncludingNoncontrollingInterests-34.75M-33.64M-36.87M-27.39M
NetIncomeContinuousOperations-34.75M-33.64M-36.87M-27.39M
EarningsFromEquityInterestNetOfTax-2.81M-2.70M-3.40M-284.00K
TaxProvision1.48M2.50M1.68M-417.00K
PretaxIncome-30.46M-28.44M-31.80M-27.52M
OtherIncomeExpense2.87M3.40M3.56M1.43M
OtherNonOperatingIncomeExpenses2.87M3.40M3.56M1.43M
SpecialIncomeCharges10.00K
OtherSpecialCharges-10.00K
NetNonOperatingInterestIncomeExpense-193.00K-244.00K-211.00K-89.00K
InterestExpenseNonOperating193.00K244.00K211.00K89.00K
InterestIncomeNonOperating1.43M
OperatingIncome-33.14M-31.60M-35.14M-28.86M
OperatingExpense96.82M83.36M83.73M74.95M
ResearchAndDevelopment49.91M45.01M45.13M41.17M
SellingGeneralAndAdministration46.91M38.35M38.60M33.79M
SellingAndMarketingExpense26.78M20.80M20.66M17.42M
GeneralAndAdministrativeExpense20.13M17.55M17.94M16.37M
OtherGandA20.13M17.55M17.94M16.37M
GrossProfit63.68M51.76M48.59M46.10M
CostOfRevenue6.89M5.96M5.08M4.28M
TotalRevenue70.58M57.72M53.67M50.38M
OperatingRevenue70.45M57.22M53.43M49.15M
Line Item2023-12-31
TreasurySharesNumber0.00
OrdinarySharesNumber44.27M40.72M37.52M34.63M
ShareIssued44.27M40.72M37.52M34.63M
TotalDebt5.97M5.99M7.75M3.62M
TangibleBookValue-20.98M-8.39M7.07M28.74M
InvestedCapital-13.01M888.00K18.46M39.25M
WorkingCapital9.19M9.80M12.03M37.44M
NetTangibleAssets-20.98M-8.39M7.07M28.74M
CapitalLeaseObligations4.35M3.92M4.39M1.91M
CommonStockEquity-14.63M-1.19M15.10M37.53M
TotalCapitalization-14.18M-594.00K16.39M37.98M
TotalEquityGrossMinorityInterest-14.63M-1.19M15.10M37.53M
StockholdersEquity-14.63M-1.19M15.10M37.53M
GainsLossesNotAffectingRetainedEarnings179.00K135.00K120.00K101.00K
OtherEquityAdjustments179.00K135.00K120.00K101.00K
RetainedEarnings-171.63M-136.88M-103.25M-66.38M
AdditionalPaidInCapital156.78M135.52M118.19M103.78M
CapitalStock44.00K40.00K37.00K34.00K
CommonStock44.00K40.00K37.00K34.00K
PreferredStock0.000.000.000.00
TotalLiabilitiesNetMinorityInterest129.66M107.32M87.70M77.98M
TotalNonCurrentLiabilitiesNetMinorityInterest56.46M48.04M41.30M34.31M
OtherNonCurrentLiabilities375.00K236.00K533.00K1.27M
EmployeeBenefits2.09M1.41M1.35M1.02M
NonCurrentPensionAndOtherPostretirementBenefitPlans2.09M1.41M1.35M1.02M
TradeandOtherPayablesNonCurrent0.00525.00K0.00
NonCurrentDeferredLiabilities50.43M42.81M33.98M31.83M
NonCurrentDeferredRevenue50.43M42.81M33.98M31.83M
LongTermDebtAndCapitalLeaseObligation3.57M3.59M4.90M1.46M
LongTermCapitalLeaseObligation3.12M3.00M3.61M1.01M
LongTermDebt452.00K594.00K1.29M448.00K
CurrentLiabilities73.20M59.28M46.40M43.67M
OtherCurrentLiabilities18.00K826.00K
CurrentDeferredLiabilities52.55M41.62M32.72M31.71M
CurrentDeferredRevenue52.55M41.62M32.72M31.71M
CurrentDebtAndCapitalLeaseObligation2.40M2.40M2.85M2.16M
CurrentCapitalLeaseObligation1.23M917.00K781.00K899.00K
CurrentDebt1.17M1.48M2.07M1.26M
OtherCurrentBorrowings1.17M1.48M2.07M1.26M
CurrentProvisions2.23M1.76M333.00K
PayablesAndAccruedExpenses16.00M12.67M10.50M9.79M
CurrentAccruedExpenses15.66M12.13M10.32M9.22M
Payables340.00K539.00K183.00K572.00K
AccountsPayable340.00K539.00K183.00K572.00K
TotalAssets115.03M106.14M102.80M115.52M
TotalNonCurrentAssets32.64M37.05M44.37M34.40M
OtherNonCurrentAssets3.05M2.28M1.92M1.59M
NonCurrentPrepaidAssets149.00K118.00K190.00K
NonCurrentAccountsReceivable7.52M5.41M4.08M2.08M
InvestmentsAndAdvances7.93M14.31M20.30M16.32M
OtherInvestments4.95M8.50M11.80M4.43M
LongTermEquityInvestment2.99M5.80M8.50M11.90M
GoodwillAndOtherIntangibleAssets6.35M7.20M8.04M8.79M
OtherIntangibleAssets2.17M3.02M3.86M4.58M
Goodwill4.18M4.18M4.18M4.22M
NetPPE7.79M7.86M10.03M5.50M
AccumulatedDepreciation-6.24M-5.03M-3.26M-3.50M
GrossPPE14.03M12.89M13.30M9.00M
Leases647.00K620.00K535.00K299.00K
ConstructionInProgress0.0031.00K35.00K282.00K
OtherProperties3.92M3.84M4.29M1.88M
MachineryFurnitureEquipment9.46M8.40M8.44M6.53M
Properties0.000.000.000.00
CurrentAssets82.39M69.08M58.43M81.11M
OtherCurrentAssets3.00M1.85M2.22M2.40M
CurrentDeferredAssets549.00K0.00
PrepaidAssets3.12M2.31M2.41M2.64M
Receivables21.12M21.08M12.62M7.93M
ReceivablesAdjustmentsAllowances-73.00K-131.00K-93.00K-250.00K
OtherReceivables1.76M1.53M1.35M1.43M
TaxesReceivable1.70M0.000.002.83M
AccruedInterestReceivable238.00K301.00K310.00K114.00K
AccountsReceivable17.49M19.37M11.06M6.63M
AllowanceForDoubtfulAccountsReceivable-250.00K-310.00K
GrossAccountsReceivable11.06M6.63M13.67M
CashCashEquivalentsAndShortTermInvestments54.60M43.84M41.17M68.15M
OtherShortTermInvestments20.70M30.16M27.48M30.73M
CashAndCashEquivalents33.90M13.68M13.70M37.42M
CashFinancial85.83M
Line Item2025-12-312024-12-312023-12-312022-12-31
FreeCashFlow5.34M-1.04M-17.23M-7.82M
RepaymentOfDebt-1.50M-1.75M-1.29M-1.14M
IssuanceOfDebt0.00
IssuanceOfCapitalStock0.0080.30M
CapitalExpenditure-1.39M-324.00K-1.50M-1.05M
InterestPaidSupplementalData0.0019.00K
IncomeTaxPaidSupplementalData2.82M1.55M1.29M790.00K
EndCashPosition34.25M14.07M14.08M37.42M
BeginningCashPosition14.07M14.08M37.42M85.83M
ChangesInCash20.18M-12.00K-23.34M-48.40M
FinancingCashFlow1.42M-262.00K-2.92M-4.15M
CashFlowFromContinuingFinancingActivities1.42M-262.00K-2.92M-4.15M
NetOtherFinancingCharges72.00K59.00K-2.12M-3.89M
ProceedsFromStockOptionExercised2.85M1.43M490.00K876.00K
NetCommonStockIssuance0.0080.30M
CommonStockIssuance0.0080.30M
NetIssuancePaymentsOfDebt-1.50M-1.75M-1.29M-1.14M
NetLongTermDebtIssuance-1.50M-1.75M-1.29M-1.14M
LongTermDebtPayments-1.50M-1.75M-1.29M-1.14M
LongTermDebtIssuance0.00
InvestingCashFlow12.03M970.00K-4.69M-37.48M
CashFlowFromContinuingInvestingActivities12.03M970.00K-4.69M-37.48M
NetOtherInvestingChanges-50.00K241.00K-51.00K
NetInvestmentPurchaseAndSale13.42M1.29M-3.14M-35.03M
SaleOfInvestment42.94M38.47M44.65M0.00
PurchaseOfInvestment-29.53M-37.17M-47.79M-35.03M
NetBusinessPurchaseAndSale0.00-1.64M-500.00K
PurchaseOfBusiness0.00-1.64M-500.00K
NetPPEPurchaseAndSale-1.39M-324.00K-1.50M-1.05M
PurchaseOfPPE-1.39M-324.00K-1.50M-1.05M
OperatingCashFlow6.73M-720.00K-15.73M-6.77M
CashFlowFromContinuingOperatingActivities6.73M-720.00K-15.73M-6.77M
ChangeInWorkingCapital17.86M12.64M1.95M7.62M
ChangeInOtherWorkingCapital19.72M18.91M6.03M830.00K
ChangeInOtherCurrentLiabilities-33.00K
ChangeInPayablesAndAccruedExpense3.06M3.40M2.08M-517.00K
ChangeInAccruedExpense3.25M3.08M2.47M517.00K
ChangeInPayable-191.00K324.00K-389.00K-1.03M
ChangeInAccountPayable-191.00K324.00K-389.00K-1.03M
ChangeInPrepaidAssets-6.35M-1.07M-1.30M202.00K
ChangeInReceivables1.43M-8.61M-4.86M7.10M
ChangesInAccountReceivables1.43M-8.61M-4.86M7.10M
OtherNonCashItems-778.00K-1.19M-1.05M-398.00K
StockBasedCompensation18.38M15.94M14.54M11.69M
AmortizationOfSecurities-368.00K-695.00K-893.00K-177.00K
DeferredTax0.00-484.00K0.00
DeferredIncomeTax0.00-484.00K0.00
DepreciationAmortizationDepletion3.38M3.36M3.07M2.10M
DepreciationAndAmortization3.38M3.36M3.07M2.10M
OperatingGainsLosses3.01M2.86M3.53M271.00K
PensionAndEmployeeBenefitExpense201.00K163.00K134.00K136.00K
EarningsLossesFromEquityInvestments2.81M2.70M3.40M284.00K
GainLossOnSaleOfBusiness0.00-149.00K0.00
NetIncomeFromContinuingOperations-34.75M-33.64M-36.87M-27.39M
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

Public Trades for AIP
Date User Asset Broker Type Position Size Entry Price Patterns