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

Arteris, Inc. is the larger business by last-quarter revenue ($20.1M vs $18.7M, roughly 1.1× CytomX Therapeutics, Inc.). CytomX Therapeutics, Inc. runs the higher net margin — -0.8% vs -42.2%, a 41.4% gap on every dollar of revenue. On growth, Arteris, Inc. posted the faster year-over-year revenue change (30.0% vs -25.7%). Arteris, Inc. produced more free cash flow last quarter ($3.0M vs $-15.8M). Over the past eight quarters, Arteris, Inc.'s revenue compounded faster (24.7% CAGR vs -15.9%).

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...

CytomX Therapeutics is a clinical-stage biotechnology company specializing in innovative cancer immunotherapies. It leverages its proprietary Probody technology platform to develop targeted therapies that activate exclusively in tumor microenvironments, minimizing off-target toxicities, with a pipeline covering multiple solid tumor indications and partnerships with leading global pharmaceutical firms.

AIP vs CTMX — Head-to-Head

Bigger by revenue
AIP
AIP
1.1× larger
AIP
$20.1M
$18.7M
CTMX
Growing faster (revenue YoY)
AIP
AIP
+55.7% gap
AIP
30.0%
-25.7%
CTMX
Higher net margin
CTMX
CTMX
41.4% more per $
CTMX
-0.8%
-42.2%
AIP
More free cash flow
AIP
AIP
$18.8M more FCF
AIP
$3.0M
$-15.8M
CTMX
Faster 2-yr revenue CAGR
AIP
AIP
Annualised
AIP
24.7%
-15.9%
CTMX

Income Statement — Q4 FY2025 vs Q2 FY2025

Metric
AIP
AIP
CTMX
CTMX
Revenue
$20.1M
$18.7M
Net Profit
$-8.5M
$-154.0K
Gross Margin
90.8%
Operating Margin
-42.0%
-6.9%
Net Margin
-42.2%
-0.8%
Revenue YoY
30.0%
-25.7%
Net Profit YoY
-3.7%
97.6%
EPS (diluted)
$-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
AIP
AIP
CTMX
CTMX
Q4 25
$20.1M
Q3 25
$17.4M
Q2 25
$16.5M
$18.7M
Q1 25
$16.5M
$50.9M
Q4 24
$15.5M
$38.1M
Q3 24
$14.7M
$33.4M
Q2 24
$14.6M
$25.1M
Q1 24
$12.9M
$41.5M
Net Profit
AIP
AIP
CTMX
CTMX
Q4 25
$-8.5M
Q3 25
$-9.0M
Q2 25
$-9.1M
$-154.0K
Q1 25
$-8.1M
$23.5M
Q4 24
$-8.2M
$18.9M
Q3 24
$-7.7M
$5.7M
Q2 24
$-8.3M
$-6.5M
Q1 24
$-9.4M
$13.8M
Gross Margin
AIP
AIP
CTMX
CTMX
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
AIP
AIP
CTMX
CTMX
Q4 25
-42.0%
Q3 25
-50.1%
Q2 25
-50.0%
-6.9%
Q1 25
-46.6%
44.4%
Q4 24
-45.9%
46.4%
Q3 24
-53.8%
12.3%
Q2 24
-51.1%
-33.7%
Q1 24
-70.5%
28.1%
Net Margin
AIP
AIP
CTMX
CTMX
Q4 25
-42.2%
Q3 25
-51.6%
Q2 25
-55.3%
-0.8%
Q1 25
-49.1%
46.2%
Q4 24
-53.0%
49.6%
Q3 24
-52.2%
17.2%
Q2 24
-57.2%
-26.0%
Q1 24
-72.6%
33.3%
EPS (diluted)
AIP
AIP
CTMX
CTMX
Q4 25
$-0.19
Q3 25
$-0.21
Q2 25
$-0.22
Q1 25
$-0.20
Q4 24
$-0.19
Q3 24
$-0.20
Q2 24
$-0.22
Q1 24
$-0.25

Balance Sheet & Financial Strength

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

Metric
AIP
AIP
CTMX
CTMX
Cash + ST InvestmentsLiquidity on hand
$33.9M
$49.0M
Total DebtLower is stronger
Stockholders' EquityBook value
$-14.6M
$119.9M
Total Assets
$115.0M
$175.1M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AIP
AIP
CTMX
CTMX
Q4 25
$33.9M
Q3 25
$39.0M
Q2 25
$38.0M
$49.0M
Q1 25
$42.3M
$47.6M
Q4 24
$43.8M
$38.1M
Q3 24
$48.7M
$40.6M
Q2 24
$45.8M
$43.2M
Q1 24
$44.8M
$36.2M
Stockholders' Equity
AIP
AIP
CTMX
CTMX
Q4 25
$-14.6M
Q3 25
$-11.4M
Q2 25
$-7.5M
$119.9M
Q1 25
$-4.8M
$25.0M
Q4 24
$-1.2M
$-456.0K
Q3 24
$2.2M
$-23.5M
Q2 24
$5.3M
$-31.2M
Q1 24
$9.5M
$-31.7M
Total Assets
AIP
AIP
CTMX
CTMX
Q4 25
$115.0M
Q3 25
$107.7M
Q2 25
$106.9M
$175.1M
Q1 25
$98.3M
$98.5M
Q4 24
$106.1M
$120.5M
Q3 24
$97.7M
$139.0M
Q2 24
$96.4M
$159.2M
Q1 24
$101.4M
$184.7M

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
CTMX
CTMX
Operating Cash FlowLast quarter
$3.2M
$-15.8M
Free Cash FlowOCF − Capex
$3.0M
$-15.8M
FCF MarginFCF / Revenue
15.1%
-84.6%
Capex IntensityCapex / Revenue
0.7%
0.1%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$5.3M
$-77.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AIP
AIP
CTMX
CTMX
Q4 25
$3.2M
Q3 25
$3.2M
Q2 25
$-2.5M
$-15.8M
Q1 25
$2.9M
$-21.0M
Q4 24
$-2.6M
$-19.9M
Q3 24
$1.1M
$-20.7M
Q2 24
$311.0K
$-19.5M
Q1 24
$477.0K
$-26.0M
Free Cash Flow
AIP
AIP
CTMX
CTMX
Q4 25
$3.0M
Q3 25
$2.5M
Q2 25
$-2.8M
$-15.8M
Q1 25
$2.7M
$-21.2M
Q4 24
$-2.7M
$-20.0M
Q3 24
$1.1M
$-20.7M
Q2 24
$264.0K
$-19.6M
Q1 24
$281.0K
$-26.2M
FCF Margin
AIP
AIP
CTMX
CTMX
Q4 25
15.1%
Q3 25
14.2%
Q2 25
-17.2%
-84.6%
Q1 25
16.2%
-41.6%
Q4 24
-17.3%
-52.5%
Q3 24
7.4%
-62.1%
Q2 24
1.8%
-78.2%
Q1 24
2.2%
-63.1%
Capex Intensity
AIP
AIP
CTMX
CTMX
Q4 25
0.7%
Q3 25
4.1%
Q2 25
2.2%
0.1%
Q1 25
1.1%
0.2%
Q4 24
0.3%
0.2%
Q3 24
0.2%
0.1%
Q2 24
0.3%
0.4%
Q1 24
1.5%
0.3%
Cash Conversion
AIP
AIP
CTMX
CTMX
Q4 25
Q3 25
Q2 25
Q1 25
-0.89×
Q4 24
-1.05×
Q3 24
-3.61×
Q2 24
Q1 24
-1.89×

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%

CTMX
CTMX

Bristol Myers Squibb Company$11.6M62%
Astellas Pharma Inc$4.6M25%
Regeneron Pharmaceuticals Inc$2.1M11%

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