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Side-by-side financial comparison of ADC Therapeutics SA (ADCT) and Arteris, Inc. (AIP). Click either name above to swap in a different company.

ADC Therapeutics SA is the larger business by last-quarter revenue ($23.1M vs $20.1M, roughly 1.1× Arteris, Inc.). On growth, ADC Therapeutics SA posted the faster year-over-year revenue change (36.4% vs 30.0%). Over the past eight quarters, Arteris, Inc.'s revenue compounded faster (24.7% CAGR vs 13.7%).

ADC Telecommunications, Inc. was a communications company in Eden Prairie, Minnesota, a southwest suburb of Minneapolis. It was acquired by TE Connectivity in December 2010 and ceased to exist as a separate entity. ADC products were sold by CommScope after it acquired the Broadband Network Solutions business unit from TE Connectivity in August 2015.

Arteris, Inc. is a multinational technology company headquartered in Campbell, California. It develops the network-on-chip (NoC) IP and system-on-chip (SoC) integration automation software that is used to create semiconductor chip and chiplet designs for a variety of devices, particularly in automotive electronics, artificial intelligence, machine learning, enterprise computing, communications, consumer, industrial, and aerospace & defense markets. The company specializes in the development a...

ADCT vs AIP — Head-to-Head

Bigger by revenue
ADCT
ADCT
1.1× larger
ADCT
$23.1M
$20.1M
AIP
Growing faster (revenue YoY)
ADCT
ADCT
+6.3% gap
ADCT
36.4%
30.0%
AIP
Faster 2-yr revenue CAGR
AIP
AIP
Annualised
AIP
24.7%
13.7%
ADCT

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
ADCT
ADCT
AIP
AIP
Revenue
$23.1M
$20.1M
Net Profit
$-8.5M
Gross Margin
90.8%
Operating Margin
-77.7%
-42.0%
Net Margin
-42.2%
Revenue YoY
36.4%
30.0%
Net Profit YoY
-3.7%
EPS (diluted)
$0.04
$-0.19

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
ADCT
ADCT
AIP
AIP
Q4 25
$23.1M
$20.1M
Q3 25
$15.8M
$17.4M
Q2 25
$18.1M
$16.5M
Q1 25
$17.4M
$16.5M
Q4 24
$16.9M
$15.5M
Q3 24
$18.0M
$14.7M
Q2 24
$17.0M
$14.6M
Q1 24
$17.8M
$12.9M
Net Profit
ADCT
ADCT
AIP
AIP
Q4 25
$-8.5M
Q3 25
$-41.0M
$-9.0M
Q2 25
$-56.6M
$-9.1M
Q1 25
$-38.6M
$-8.1M
Q4 24
$-8.2M
Q3 24
$-44.0M
$-7.7M
Q2 24
$-36.5M
$-8.3M
Q1 24
$-46.6M
$-9.4M
Gross Margin
ADCT
ADCT
AIP
AIP
Q4 25
90.8%
Q3 25
89.9%
Q2 25
89.4%
Q1 25
90.8%
Q4 24
89.8%
Q3 24
90.1%
Q2 24
90.0%
Q1 24
88.7%
Operating Margin
ADCT
ADCT
AIP
AIP
Q4 25
-77.7%
-42.0%
Q3 25
-196.6%
-50.1%
Q2 25
-244.1%
-50.0%
Q1 25
-163.5%
-46.6%
Q4 24
-191.8%
-45.9%
Q3 24
-197.4%
-53.8%
Q2 24
-170.5%
-51.1%
Q1 24
-188.3%
-70.5%
Net Margin
ADCT
ADCT
AIP
AIP
Q4 25
-42.2%
Q3 25
-260.1%
-51.6%
Q2 25
-313.2%
-55.3%
Q1 25
-221.8%
-49.1%
Q4 24
-53.0%
Q3 24
-244.1%
-52.2%
Q2 24
-214.6%
-57.2%
Q1 24
-261.1%
-72.6%
EPS (diluted)
ADCT
ADCT
AIP
AIP
Q4 25
$0.04
$-0.19
Q3 25
$-0.30
$-0.21
Q2 25
$-0.50
$-0.22
Q1 25
$-0.36
$-0.20
Q4 24
$-0.26
$-0.19
Q3 24
$-0.42
$-0.20
Q2 24
$-0.38
$-0.22
Q1 24
$-0.56
$-0.25

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ADCT
ADCT
AIP
AIP
Cash + ST InvestmentsLiquidity on hand
$261.3M
$33.9M
Total DebtLower is stronger
Stockholders' EquityBook value
$-185.8M
$-14.6M
Total Assets
$323.1M
$115.0M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ADCT
ADCT
AIP
AIP
Q4 25
$261.3M
$33.9M
Q3 25
$234.7M
$39.0M
Q2 25
$264.6M
$38.0M
Q1 25
$194.7M
$42.3M
Q4 24
$250.9M
$43.8M
Q3 24
$274.3M
$48.7M
Q2 24
$300.1M
$45.8M
Q1 24
$234.3M
$44.8M
Stockholders' Equity
ADCT
ADCT
AIP
AIP
Q4 25
$-185.8M
$-14.6M
Q3 25
$-238.2M
$-11.4M
Q2 25
$-199.2M
$-7.5M
Q1 25
$-238.2M
$-4.8M
Q4 24
$-202.6M
$-1.2M
Q3 24
$-171.9M
$2.2M
Q2 24
$-131.7M
$5.3M
Q1 24
$-194.4M
$9.5M
Total Assets
ADCT
ADCT
AIP
AIP
Q4 25
$323.1M
$115.0M
Q3 25
$289.8M
$107.7M
Q2 25
$321.6M
$106.9M
Q1 25
$272.5M
$98.3M
Q4 24
$322.0M
$106.1M
Q3 24
$349.1M
$97.7M
Q2 24
$371.8M
$96.4M
Q1 24
$308.0M
$101.4M

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ADCT
ADCT
AIP
AIP
Operating Cash FlowLast quarter
$-31.1M
$3.2M
Free Cash FlowOCF − Capex
$3.0M
FCF MarginFCF / Revenue
15.1%
Capex IntensityCapex / Revenue
0.0%
0.7%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$5.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ADCT
ADCT
AIP
AIP
Q4 25
$-31.1M
$3.2M
Q3 25
$-29.6M
$3.2M
Q2 25
$-24.1M
$-2.5M
Q1 25
$-56.3M
$2.9M
Q4 24
$-21.9M
$-2.6M
Q3 24
$-25.0M
$1.1M
Q2 24
$-32.8M
$311.0K
Q1 24
$-44.1M
$477.0K
Free Cash Flow
ADCT
ADCT
AIP
AIP
Q4 25
$3.0M
Q3 25
$2.5M
Q2 25
$-2.8M
Q1 25
$-56.6M
$2.7M
Q4 24
$-21.9M
$-2.7M
Q3 24
$-25.3M
$1.1M
Q2 24
$-32.9M
$264.0K
Q1 24
$-44.6M
$281.0K
FCF Margin
ADCT
ADCT
AIP
AIP
Q4 25
15.1%
Q3 25
14.2%
Q2 25
-17.2%
Q1 25
-325.2%
16.2%
Q4 24
-129.8%
-17.3%
Q3 24
-140.2%
7.4%
Q2 24
-193.0%
1.8%
Q1 24
-250.0%
2.2%
Capex Intensity
ADCT
ADCT
AIP
AIP
Q4 25
0.0%
0.7%
Q3 25
0.0%
4.1%
Q2 25
0.0%
2.2%
Q1 25
1.5%
1.1%
Q4 24
0.5%
0.3%
Q3 24
1.2%
0.2%
Q2 24
0.2%
0.3%
Q1 24
3.0%
1.5%

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

ADCT
ADCT

Segment breakdown not available.

AIP
AIP

License And Maintenance$17.5M87%
Variable Royalties And Other$2.6M13%

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