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Side-by-side financial comparison of Arteris, Inc. (AIP) and Astera Labs, Inc. (ALAB). Click either name above to swap in a different company.
Astera Labs, Inc. is the larger business by last-quarter revenue ($270.6M vs $20.1M, roughly 13.4× Arteris, Inc.). Astera Labs, Inc. runs the higher net margin — 16.6% vs -42.2%, a 58.9% gap on every dollar of revenue. On growth, Astera Labs, Inc. posted the faster year-over-year revenue change (91.8% vs 30.0%). Astera Labs, Inc. produced more free cash flow last quarter ($76.6M vs $3.0M). Over the past eight quarters, Astera Labs, Inc.'s revenue compounded faster (103.6% CAGR vs 24.7%).
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...
Astera Labs, Inc. is an American fabless semiconductor manufacturer and artificial intelligence company. The company specializes in designing high-speed connectivity solutions for data centers and AI infrastructure. The company has been listed on the Nasdaq since March 2024.
AIP vs ALAB — Head-to-Head
Income Statement — Q4 2025 vs Q4 2025
| Metric | | |
|---|---|---|
| Revenue | $20.1M | $270.6M |
| Net Profit | $-8.5M | $45.0M |
| Gross Margin | 90.8% | 75.6% |
| Operating Margin | -42.0% | 24.7% |
| Net Margin | -42.2% | 16.6% |
| Revenue YoY | 30.0% | 91.8% |
| Net Profit YoY | -3.7% | 82.0% |
| EPS (diluted) | $-0.19 | $0.25 |
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.
| Q4 25 | $20.1M | $270.6M | ||
| Q3 25 | $17.4M | $230.6M | ||
| Q2 25 | $16.5M | $191.9M | ||
| Q1 25 | $16.5M | $159.4M | ||
| Q4 24 | $15.5M | $141.1M | ||
| Q3 24 | $14.7M | $113.1M | ||
| Q2 24 | $14.6M | $76.8M | ||
| Q1 24 | $12.9M | $65.3M |
| Q4 25 | $-8.5M | $45.0M | ||
| Q3 25 | $-9.0M | $91.1M | ||
| Q2 25 | $-9.1M | $51.2M | ||
| Q1 25 | $-8.1M | $31.8M | ||
| Q4 24 | $-8.2M | $24.7M | ||
| Q3 24 | $-7.7M | $-7.6M | ||
| Q2 24 | $-8.3M | $-7.5M | ||
| Q1 24 | $-9.4M | $-93.0M |
| Q4 25 | 90.8% | 75.6% | ||
| Q3 25 | 89.9% | 76.2% | ||
| Q2 25 | 89.4% | 75.8% | ||
| Q1 25 | 90.8% | 74.9% | ||
| Q4 24 | 89.8% | 74.0% | ||
| Q3 24 | 90.1% | 77.7% | ||
| Q2 24 | 90.0% | 77.9% | ||
| Q1 24 | 88.7% | 77.4% |
| Q4 25 | -42.0% | 24.7% | ||
| Q3 25 | -50.1% | 24.0% | ||
| Q2 25 | -50.0% | 20.7% | ||
| Q1 25 | -46.6% | 7.1% | ||
| Q4 24 | -45.9% | 0.1% | ||
| Q3 24 | -53.8% | -7.9% | ||
| Q2 24 | -51.1% | -31.7% | ||
| Q1 24 | -70.5% | -127.1% |
| Q4 25 | -42.2% | 16.6% | ||
| Q3 25 | -51.6% | 39.5% | ||
| Q2 25 | -55.3% | 26.7% | ||
| Q1 25 | -49.1% | 20.0% | ||
| Q4 24 | -53.0% | 17.5% | ||
| Q3 24 | -52.2% | -6.7% | ||
| Q2 24 | -57.2% | -9.8% | ||
| Q1 24 | -72.6% | -142.5% |
| Q4 25 | $-0.19 | $0.25 | ||
| Q3 25 | $-0.21 | $0.50 | ||
| Q2 25 | $-0.22 | $0.29 | ||
| Q1 25 | $-0.20 | $0.18 | ||
| Q4 24 | $-0.19 | $1.23 | ||
| Q3 24 | $-0.20 | $-0.05 | ||
| Q2 24 | $-0.22 | $-0.05 | ||
| Q1 24 | $-0.25 | $-1.77 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $33.9M | $167.6M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $-14.6M | $1.4B |
| Total Assets | $115.0M | $1.5B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $33.9M | $167.6M | ||
| Q3 25 | $39.0M | $140.4M | ||
| Q2 25 | $38.0M | $162.3M | ||
| Q1 25 | $42.3M | $86.4M | ||
| Q4 24 | $43.8M | $79.6M | ||
| Q3 24 | $48.7M | $126.1M | ||
| Q2 24 | $45.8M | $421.1M | ||
| Q1 24 | $44.8M | $696.1M |
| Q4 25 | $-14.6M | $1.4B | ||
| Q3 25 | $-11.4M | $1.3B | ||
| Q2 25 | $-7.5M | $1.1B | ||
| Q1 25 | $-4.8M | $1.0B | ||
| Q4 24 | $-1.2M | $964.8M | ||
| Q3 24 | $2.2M | $889.6M | ||
| Q2 24 | $5.3M | $845.3M | ||
| Q1 24 | $9.5M | $808.8M |
| Q4 25 | $115.0M | $1.5B | ||
| Q3 25 | $107.7M | $1.4B | ||
| Q2 25 | $106.9M | $1.3B | ||
| Q1 25 | $98.3M | $1.1B | ||
| Q4 24 | $106.1M | $1.1B | ||
| Q3 24 | $97.7M | $983.1M | ||
| Q2 24 | $96.4M | $915.5M | ||
| Q1 24 | $101.4M | $864.9M |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $3.2M | $95.3M |
| Free Cash FlowOCF − Capex | $3.0M | $76.6M |
| FCF MarginFCF / Revenue | 15.1% | 28.3% |
| Capex IntensityCapex / Revenue | 0.7% | 6.9% |
| Cash ConversionOCF / Net Profit | — | 2.12× |
| TTM Free Cash FlowTrailing 4 quarters | $5.3M | $281.8M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $3.2M | $95.3M | ||
| Q3 25 | $3.2M | $78.2M | ||
| Q2 25 | $-2.5M | $135.4M | ||
| Q1 25 | $2.9M | $10.5M | ||
| Q4 24 | $-2.6M | $39.7M | ||
| Q3 24 | $1.1M | $63.5M | ||
| Q2 24 | $311.0K | $29.8M | ||
| Q1 24 | $477.0K | $3.7M |
| Q4 25 | $3.0M | $76.6M | ||
| Q3 25 | $2.5M | $65.9M | ||
| Q2 25 | $-2.8M | $133.3M | ||
| Q1 25 | $2.7M | $6.0M | ||
| Q4 24 | $-2.7M | $24.3M | ||
| Q3 24 | $1.1M | $46.8M | ||
| Q2 24 | $264.0K | $28.5M | ||
| Q1 24 | $281.0K | $228.0K |
| Q4 25 | 15.1% | 28.3% | ||
| Q3 25 | 14.2% | 28.6% | ||
| Q2 25 | -17.2% | 69.5% | ||
| Q1 25 | 16.2% | 3.7% | ||
| Q4 24 | -17.3% | 17.2% | ||
| Q3 24 | 7.4% | 41.4% | ||
| Q2 24 | 1.8% | 37.1% | ||
| Q1 24 | 2.2% | 0.3% |
| Q4 25 | 0.7% | 6.9% | ||
| Q3 25 | 4.1% | 5.3% | ||
| Q2 25 | 2.2% | 1.1% | ||
| Q1 25 | 1.1% | 2.8% | ||
| Q4 24 | 0.3% | 10.9% | ||
| Q3 24 | 0.2% | 14.8% | ||
| Q2 24 | 0.3% | 1.7% | ||
| Q1 24 | 1.5% | 5.2% |
| Q4 25 | — | 2.12× | ||
| Q3 25 | — | 0.86× | ||
| Q2 25 | — | 2.64× | ||
| Q1 25 | — | 0.33× | ||
| Q4 24 | — | 1.61× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
AIP
| License And Maintenance | $17.5M | 87% |
| Variable Royalties And Other | $2.6M | 13% |
ALAB
Segment breakdown not available.
