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Side-by-side financial comparison of Arteris, Inc. (AIP) and ALPHA PRO TECH LTD (APT). Click either name above to swap in a different company.

Arteris, Inc. is the larger business by last-quarter revenue ($20.1M vs $13.9M, roughly 1.5× ALPHA PRO TECH LTD). ALPHA PRO TECH LTD runs the higher net margin — 5.0% vs -42.2%, a 47.3% gap on every dollar of revenue. On growth, Arteris, Inc. posted the faster year-over-year revenue change (30.0% vs 0.3%). Arteris, Inc. produced more free cash flow last quarter ($3.0M vs $51.0K). Over the past eight quarters, Arteris, Inc.'s revenue compounded faster (24.7% CAGR vs 1.4%).

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...

Alpha Pro Tech Ltd is a leading developer, manufacturer and marketer of disposable protective apparel, face masks, and building supply products including weather-resistant barriers. It primarily serves the healthcare, industrial, and construction sectors, with core operating markets concentrated in North America.

AIP vs APT — Head-to-Head

Bigger by revenue
AIP
AIP
1.5× larger
AIP
$20.1M
$13.9M
APT
Growing faster (revenue YoY)
AIP
AIP
+29.7% gap
AIP
30.0%
0.3%
APT
Higher net margin
APT
APT
47.3% more per $
APT
5.0%
-42.2%
AIP
More free cash flow
AIP
AIP
$3.0M more FCF
AIP
$3.0M
$51.0K
APT
Faster 2-yr revenue CAGR
AIP
AIP
Annualised
AIP
24.7%
1.4%
APT

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
AIP
AIP
APT
APT
Revenue
$20.1M
$13.9M
Net Profit
$-8.5M
$698.0K
Gross Margin
90.8%
37.1%
Operating Margin
-42.0%
6.9%
Net Margin
-42.2%
5.0%
Revenue YoY
30.0%
0.3%
Net Profit YoY
-3.7%
-17.6%
EPS (diluted)
$-0.19
$0.06

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
AIP
AIP
APT
APT
Q4 25
$20.1M
$13.9M
Q3 25
$17.4M
$14.8M
Q2 25
$16.5M
$16.7M
Q1 25
$16.5M
$13.8M
Q4 24
$15.5M
$13.8M
Q3 24
$14.7M
$14.3M
Q2 24
$14.6M
$16.3M
Q1 24
$12.9M
$13.5M
Net Profit
AIP
AIP
APT
APT
Q4 25
$-8.5M
$698.0K
Q3 25
$-9.0M
$976.0K
Q2 25
$-9.1M
$1.2M
Q1 25
$-8.1M
$613.0K
Q4 24
$-8.2M
$847.0K
Q3 24
$-7.7M
$862.0K
Q2 24
$-8.3M
$1.6M
Q1 24
$-9.4M
$576.0K
Gross Margin
AIP
AIP
APT
APT
Q4 25
90.8%
37.1%
Q3 25
89.9%
39.7%
Q2 25
89.4%
36.8%
Q1 25
90.8%
39.0%
Q4 24
89.8%
37.6%
Q3 24
90.1%
38.5%
Q2 24
90.0%
42.0%
Q1 24
88.7%
40.2%
Operating Margin
AIP
AIP
APT
APT
Q4 25
-42.0%
6.9%
Q3 25
-50.1%
7.4%
Q2 25
-50.0%
8.0%
Q1 25
-46.6%
3.3%
Q4 24
-45.9%
4.9%
Q3 24
-53.8%
5.2%
Q2 24
-51.1%
10.5%
Q1 24
-70.5%
2.4%
Net Margin
AIP
AIP
APT
APT
Q4 25
-42.2%
5.0%
Q3 25
-51.6%
6.6%
Q2 25
-55.3%
7.5%
Q1 25
-49.1%
4.4%
Q4 24
-53.0%
6.1%
Q3 24
-52.2%
6.0%
Q2 24
-57.2%
10.1%
Q1 24
-72.6%
4.3%
EPS (diluted)
AIP
AIP
APT
APT
Q4 25
$-0.19
$0.06
Q3 25
$-0.21
$0.09
Q2 25
$-0.22
$0.12
Q1 25
$-0.20
$0.06
Q4 24
$-0.19
$0.07
Q3 24
$-0.20
$0.08
Q2 24
$-0.22
$0.15
Q1 24
$-0.25
$0.05

Balance Sheet & Financial Strength

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

Metric
AIP
AIP
APT
APT
Cash + ST InvestmentsLiquidity on hand
$33.9M
$17.0M
Total DebtLower is stronger
Stockholders' EquityBook value
$-14.6M
$62.5M
Total Assets
$115.0M
$74.1M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AIP
AIP
APT
APT
Q4 25
$33.9M
$17.0M
Q3 25
$39.0M
$17.7M
Q2 25
$38.0M
$14.5M
Q1 25
$42.3M
$13.4M
Q4 24
$43.8M
$18.6M
Q3 24
$48.7M
$18.4M
Q2 24
$45.8M
$16.2M
Q1 24
$44.8M
$18.5M
Stockholders' Equity
AIP
AIP
APT
APT
Q4 25
$-14.6M
$62.5M
Q3 25
$-11.4M
$62.5M
Q2 25
$-7.5M
$62.2M
Q1 25
$-4.8M
$61.7M
Q4 24
$-1.2M
$62.2M
Q3 24
$2.2M
$62.1M
Q2 24
$5.3M
$62.0M
Q1 24
$9.5M
$61.6M
Total Assets
AIP
AIP
APT
APT
Q4 25
$115.0M
$74.1M
Q3 25
$107.7M
$73.9M
Q2 25
$106.9M
$73.2M
Q1 25
$98.3M
$72.2M
Q4 24
$106.1M
$73.7M
Q3 24
$97.7M
$73.3M
Q2 24
$96.4M
$72.7M
Q1 24
$101.4M
$72.7M

Cash Flow & Capital Efficiency

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

Metric
AIP
AIP
APT
APT
Operating Cash FlowLast quarter
$3.2M
$318.0K
Free Cash FlowOCF − Capex
$3.0M
$51.0K
FCF MarginFCF / Revenue
15.1%
0.4%
Capex IntensityCapex / Revenue
0.7%
1.9%
Cash ConversionOCF / Net Profit
0.46×
TTM Free Cash FlowTrailing 4 quarters
$5.3M
$1.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AIP
AIP
APT
APT
Q4 25
$3.2M
$318.0K
Q3 25
$3.2M
$3.9M
Q2 25
$-2.5M
$2.1M
Q1 25
$2.9M
$-4.0M
Q4 24
$-2.6M
$2.4M
Q3 24
$1.1M
$5.3M
Q2 24
$311.0K
$-873.0K
Q1 24
$477.0K
$-1.2M
Free Cash Flow
AIP
AIP
APT
APT
Q4 25
$3.0M
$51.0K
Q3 25
$2.5M
$3.8M
Q2 25
$-2.8M
$1.9M
Q1 25
$2.7M
$-4.1M
Q4 24
$-2.7M
$970.0K
Q3 24
$1.1M
$3.2M
Q2 24
$264.0K
$-1.0M
Q1 24
$281.0K
$-1.3M
FCF Margin
AIP
AIP
APT
APT
Q4 25
15.1%
0.4%
Q3 25
14.2%
25.9%
Q2 25
-17.2%
11.7%
Q1 25
16.2%
-29.6%
Q4 24
-17.3%
7.0%
Q3 24
7.4%
22.3%
Q2 24
1.8%
-6.2%
Q1 24
2.2%
-9.3%
Capex Intensity
AIP
AIP
APT
APT
Q4 25
0.7%
1.9%
Q3 25
4.1%
0.7%
Q2 25
2.2%
0.8%
Q1 25
1.1%
1.0%
Q4 24
0.3%
10.4%
Q3 24
0.2%
15.1%
Q2 24
0.3%
0.8%
Q1 24
1.5%
0.6%
Cash Conversion
AIP
AIP
APT
APT
Q4 25
0.46×
Q3 25
4.02×
Q2 25
1.68×
Q1 25
-6.46×
Q4 24
2.85×
Q3 24
6.18×
Q2 24
-0.53×
Q1 24
-2.03×

Financial Flow Comparison

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

Revenue Breakdown by Segment

AIP
AIP

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

APT
APT

Other$7.3M53%
Disposable Protective Apparel$6.6M47%

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