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Side-by-side financial comparison of Arteris, Inc. (AIP) and ARM HOLDINGS PLC (ARM). Click either name above to swap in a different company.
ARM HOLDINGS PLC is the larger business by last-quarter revenue ($1.2B vs $20.1M, roughly 61.7× Arteris, Inc.). ARM HOLDINGS PLC runs the higher net margin — 18.0% vs -42.2%, a 60.2% gap on every dollar of revenue. On growth, Arteris, Inc. posted the faster year-over-year revenue change (30.0% vs 26.3%). ARM HOLDINGS PLC produced more free cash flow last quarter ($186.0M vs $3.0M). Over the past eight quarters, Arteris, Inc.'s revenue compounded faster (24.7% CAGR vs 24.1%).
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...
Raspberry Pi Holdings plc is a British technology company that designs and markets single-board computers (SBCs), semiconductors, and related accessories marketed under the Raspberry Pi brand. The first Raspberry Pi computer was developed by the Raspberry Pi Foundation to promote computer science education. The devices were soon adopted by hobbyists and professionals, and are now widely used in industrial and embedded applications. To support commercialization and growing demand, the Foundati...
AIP vs ARM — Head-to-Head
Income Statement — Q4 2025 vs Q3 2026
| Metric | | |
|---|---|---|
| Revenue | $20.1M | $1.2B |
| Net Profit | $-8.5M | $223.0M |
| Gross Margin | 90.8% | 97.6% |
| Operating Margin | -42.0% | 14.9% |
| Net Margin | -42.2% | 18.0% |
| Revenue YoY | 30.0% | 26.3% |
| Net Profit YoY | -3.7% | -11.5% |
| EPS (diluted) | $-0.19 | $0.21 |
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 | $1.2B | ||
| Q3 25 | $17.4M | $1.1B | ||
| Q2 25 | $16.5M | $1.1B | ||
| Q1 25 | $16.5M | — | ||
| Q4 24 | $15.5M | $983.0M | ||
| Q3 24 | $14.7M | $844.0M | ||
| Q2 24 | $14.6M | $939.0M | ||
| Q1 24 | $12.9M | — |
| Q4 25 | $-8.5M | $223.0M | ||
| Q3 25 | $-9.0M | $238.0M | ||
| Q2 25 | $-9.1M | $130.0M | ||
| Q1 25 | $-8.1M | — | ||
| Q4 24 | $-8.2M | $252.0M | ||
| Q3 24 | $-7.7M | $107.0M | ||
| Q2 24 | $-8.3M | $223.0M | ||
| Q1 24 | $-9.4M | — |
| Q4 25 | 90.8% | 97.6% | ||
| Q3 25 | 89.9% | 97.4% | ||
| Q2 25 | 89.4% | 97.2% | ||
| Q1 25 | 90.8% | — | ||
| Q4 24 | 89.8% | 97.2% | ||
| Q3 24 | 90.1% | 96.2% | ||
| Q2 24 | 90.0% | 96.5% | ||
| Q1 24 | 88.7% | — |
| Q4 25 | -42.0% | 14.9% | ||
| Q3 25 | -50.1% | 14.4% | ||
| Q2 25 | -50.0% | 10.8% | ||
| Q1 25 | -46.6% | — | ||
| Q4 24 | -45.9% | 17.8% | ||
| Q3 24 | -53.8% | 7.6% | ||
| Q2 24 | -51.1% | 19.4% | ||
| Q1 24 | -70.5% | — |
| Q4 25 | -42.2% | 18.0% | ||
| Q3 25 | -51.6% | 21.0% | ||
| Q2 25 | -55.3% | 12.3% | ||
| Q1 25 | -49.1% | — | ||
| Q4 24 | -53.0% | 25.6% | ||
| Q3 24 | -52.2% | 12.7% | ||
| Q2 24 | -57.2% | 23.7% | ||
| Q1 24 | -72.6% | — |
| Q4 25 | $-0.19 | $0.21 | ||
| Q3 25 | $-0.21 | $0.22 | ||
| Q2 25 | $-0.22 | $0.12 | ||
| Q1 25 | $-0.20 | — | ||
| Q4 24 | $-0.19 | $0.24 | ||
| Q3 24 | $-0.20 | $0.10 | ||
| Q2 24 | $-0.22 | $0.21 | ||
| Q1 24 | $-0.25 | — |
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 | $3.5B |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $-14.6M | $7.8B |
| Total Assets | $115.0M | $10.2B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $33.9M | $3.5B | ||
| Q3 25 | $39.0M | $3.3B | ||
| Q2 25 | $38.0M | $2.9B | ||
| Q1 25 | $42.3M | — | ||
| Q4 24 | $43.8M | $2.7B | ||
| Q3 24 | $48.7M | $2.4B | ||
| Q2 24 | $45.8M | $2.5B | ||
| Q1 24 | $44.8M | — |
| Q4 25 | $-14.6M | $7.8B | ||
| Q3 25 | $-11.4M | $7.4B | ||
| Q2 25 | $-7.5M | $7.0B | ||
| Q1 25 | $-4.8M | — | ||
| Q4 24 | $-1.2M | $6.4B | ||
| Q3 24 | $2.2M | $6.0B | ||
| Q2 24 | $5.3M | $5.7B | ||
| Q1 24 | $9.5M | — |
| Q4 25 | $115.0M | $10.2B | ||
| Q3 25 | $107.7M | $9.7B | ||
| Q2 25 | $106.9M | $9.4B | ||
| Q1 25 | $98.3M | — | ||
| Q4 24 | $106.1M | $8.5B | ||
| Q3 24 | $97.7M | $8.1B | ||
| Q2 24 | $96.4M | $7.9B | ||
| Q1 24 | $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 | | |
|---|---|---|
| Operating Cash FlowLast quarter | $3.2M | $365.0M |
| Free Cash FlowOCF − Capex | $3.0M | $186.0M |
| FCF MarginFCF / Revenue | 15.1% | 15.0% |
| Capex IntensityCapex / Revenue | 0.7% | 14.4% |
| Cash ConversionOCF / Net Profit | — | 1.64× |
| TTM Free Cash FlowTrailing 4 quarters | $5.3M | $1.2B |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $3.2M | $365.0M | ||
| Q3 25 | $3.2M | $567.0M | ||
| Q2 25 | $-2.5M | $332.0M | ||
| Q1 25 | $2.9M | — | ||
| Q4 24 | $-2.6M | $423.0M | ||
| Q3 24 | $1.1M | $6.0M | ||
| Q2 24 | $311.0K | $-290.0M | ||
| Q1 24 | $477.0K | — |
| Q4 25 | $3.0M | $186.0M | ||
| Q3 25 | $2.5M | $429.0M | ||
| Q2 25 | $-2.8M | $178.0M | ||
| Q1 25 | $2.7M | — | ||
| Q4 24 | $-2.7M | $360.0M | ||
| Q3 24 | $1.1M | $-47.0M | ||
| Q2 24 | $264.0K | $-319.0M | ||
| Q1 24 | $281.0K | — |
| Q4 25 | 15.1% | 15.0% | ||
| Q3 25 | 14.2% | 37.8% | ||
| Q2 25 | -17.2% | 16.9% | ||
| Q1 25 | 16.2% | — | ||
| Q4 24 | -17.3% | 36.6% | ||
| Q3 24 | 7.4% | -5.6% | ||
| Q2 24 | 1.8% | -34.0% | ||
| Q1 24 | 2.2% | — |
| Q4 25 | 0.7% | 14.4% | ||
| Q3 25 | 4.1% | 12.2% | ||
| Q2 25 | 2.2% | 14.6% | ||
| Q1 25 | 1.1% | — | ||
| Q4 24 | 0.3% | 6.4% | ||
| Q3 24 | 0.2% | 6.3% | ||
| Q2 24 | 0.3% | 3.1% | ||
| Q1 24 | 1.5% | — |
| Q4 25 | — | 1.64× | ||
| Q3 25 | — | 2.38× | ||
| Q2 25 | — | 2.55× | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 1.68× | ||
| Q3 24 | — | 0.06× | ||
| Q2 24 | — | -1.30× | ||
| 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% |
ARM
| Royalty | $737.0M | 59% |
| Transferred Over Time | $294.0M | 24% |
| Transferred At Point In Time | $211.0M | 17% |
