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Side-by-side financial comparison of Arteris, Inc. (AIP) and DHI GROUP, INC. (DHX). Click either name above to swap in a different company.

DHI GROUP, INC. is the larger business by last-quarter revenue ($31.4M vs $20.1M, roughly 1.6× Arteris, Inc.). DHI GROUP, INC. runs the higher net margin — 3.0% vs -42.2%, a 45.3% gap on every dollar of revenue. On growth, Arteris, Inc. posted the faster year-over-year revenue change (30.0% vs -9.8%). DHI GROUP, INC. produced more free cash flow last quarter ($5.7M vs $3.0M). Over the past eight quarters, Arteris, Inc.'s revenue compounded faster (24.7% CAGR vs -6.7%).

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...

DHI is an international water software development and engineering consultancy firm with headquarters in Denmark. The profit-for-purpose organisation addresses all challenges in water environments through consultancy services, MIKE Powered by DHI water modelling software, business applications, data portals and operational services. DHI has 30 offices throughout the world, with software development centres in Singapore and Denmark, and approximately 1050 employees.

AIP vs DHX — Head-to-Head

Bigger by revenue
DHX
DHX
1.6× larger
DHX
$31.4M
$20.1M
AIP
Growing faster (revenue YoY)
AIP
AIP
+39.8% gap
AIP
30.0%
-9.8%
DHX
Higher net margin
DHX
DHX
45.3% more per $
DHX
3.0%
-42.2%
AIP
More free cash flow
DHX
DHX
$2.7M more FCF
DHX
$5.7M
$3.0M
AIP
Faster 2-yr revenue CAGR
AIP
AIP
Annualised
AIP
24.7%
-6.7%
DHX

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
AIP
AIP
DHX
DHX
Revenue
$20.1M
$31.4M
Net Profit
$-8.5M
$951.0K
Gross Margin
90.8%
Operating Margin
-42.0%
10.4%
Net Margin
-42.2%
3.0%
Revenue YoY
30.0%
-9.8%
Net Profit YoY
-3.7%
-6.9%
EPS (diluted)
$-0.19
$0.03

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
DHX
DHX
Q4 25
$20.1M
$31.4M
Q3 25
$17.4M
$32.1M
Q2 25
$16.5M
$32.0M
Q1 25
$16.5M
$32.3M
Q4 24
$15.5M
$34.8M
Q3 24
$14.7M
$35.3M
Q2 24
$14.6M
$35.8M
Q1 24
$12.9M
$36.0M
Net Profit
AIP
AIP
DHX
DHX
Q4 25
$-8.5M
$951.0K
Q3 25
$-9.0M
$-4.3M
Q2 25
$-9.1M
$-841.0K
Q1 25
$-8.1M
$-9.4M
Q4 24
$-8.2M
$1.0M
Q3 24
$-7.7M
$-200.0K
Q2 24
$-8.3M
$943.0K
Q1 24
$-9.4M
$-1.5M
Gross Margin
AIP
AIP
DHX
DHX
Q4 25
90.8%
Q3 25
89.9%
85.7%
Q2 25
89.4%
84.0%
Q1 25
90.8%
83.4%
Q4 24
89.8%
Q3 24
90.1%
85.6%
Q2 24
90.0%
85.5%
Q1 24
88.7%
86.5%
Operating Margin
AIP
AIP
DHX
DHX
Q4 25
-42.0%
10.4%
Q3 25
-50.1%
-14.0%
Q2 25
-50.0%
-3.9%
Q1 25
-46.6%
-27.5%
Q4 24
-45.9%
5.0%
Q3 24
-53.8%
1.8%
Q2 24
-51.1%
5.6%
Q1 24
-70.5%
5.5%
Net Margin
AIP
AIP
DHX
DHX
Q4 25
-42.2%
3.0%
Q3 25
-51.6%
-13.3%
Q2 25
-55.3%
-2.6%
Q1 25
-49.1%
-28.9%
Q4 24
-53.0%
2.9%
Q3 24
-52.2%
-0.6%
Q2 24
-57.2%
2.6%
Q1 24
-72.6%
-4.2%
EPS (diluted)
AIP
AIP
DHX
DHX
Q4 25
$-0.19
$0.03
Q3 25
$-0.21
$-0.10
Q2 25
$-0.22
$-0.02
Q1 25
$-0.20
$-0.21
Q4 24
$-0.19
$0.02
Q3 24
$-0.20
$0.00
Q2 24
$-0.22
$0.02
Q1 24
$-0.25
$-0.03

Balance Sheet & Financial Strength

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

Metric
AIP
AIP
DHX
DHX
Cash + ST InvestmentsLiquidity on hand
$33.9M
$2.9M
Total DebtLower is stronger
Stockholders' EquityBook value
$-14.6M
$94.5M
Total Assets
$115.0M
$188.2M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AIP
AIP
DHX
DHX
Q4 25
$33.9M
$2.9M
Q3 25
$39.0M
$2.3M
Q2 25
$38.0M
$2.8M
Q1 25
$42.3M
$2.7M
Q4 24
$43.8M
$3.7M
Q3 24
$48.7M
$2.1M
Q2 24
$45.8M
$3.0M
Q1 24
$44.8M
$3.2M
Total Debt
AIP
AIP
DHX
DHX
Q4 25
Q3 25
$30.0M
Q2 25
$30.0M
Q1 25
$33.0M
Q4 24
$32.0M
Q3 24
$32.0M
Q2 24
$35.0M
Q1 24
$41.0M
Stockholders' Equity
AIP
AIP
DHX
DHX
Q4 25
$-14.6M
$94.5M
Q3 25
$-11.4M
$97.3M
Q2 25
$-7.5M
$102.5M
Q1 25
$-4.8M
$103.9M
Q4 24
$-1.2M
$114.3M
Q3 24
$2.2M
$111.3M
Q2 24
$5.3M
$109.8M
Q1 24
$9.5M
$106.6M
Total Assets
AIP
AIP
DHX
DHX
Q4 25
$115.0M
$188.2M
Q3 25
$107.7M
$192.5M
Q2 25
$106.9M
$204.9M
Q1 25
$98.3M
$212.1M
Q4 24
$106.1M
$221.4M
Q3 24
$97.7M
$219.4M
Q2 24
$96.4M
$224.4M
Q1 24
$101.4M
$231.9M
Debt / Equity
AIP
AIP
DHX
DHX
Q4 25
Q3 25
0.31×
Q2 25
0.29×
Q1 25
0.32×
Q4 24
0.28×
Q3 24
0.29×
Q2 24
0.32×
Q1 24
0.38×

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
DHX
DHX
Operating Cash FlowLast quarter
$3.2M
$7.2M
Free Cash FlowOCF − Capex
$3.0M
$5.7M
FCF MarginFCF / Revenue
15.1%
18.1%
Capex IntensityCapex / Revenue
0.7%
4.9%
Cash ConversionOCF / Net Profit
7.60×
TTM Free Cash FlowTrailing 4 quarters
$5.3M
$13.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AIP
AIP
DHX
DHX
Q4 25
$3.2M
$7.2M
Q3 25
$3.2M
$4.8M
Q2 25
$-2.5M
$6.9M
Q1 25
$2.9M
$2.2M
Q4 24
$-2.6M
$4.4M
Q3 24
$1.1M
$5.5M
Q2 24
$311.0K
$9.1M
Q1 24
$477.0K
$2.1M
Free Cash Flow
AIP
AIP
DHX
DHX
Q4 25
$3.0M
$5.7M
Q3 25
$2.5M
$3.2M
Q2 25
$-2.8M
$4.8M
Q1 25
$2.7M
$88.0K
Q4 24
$-2.7M
$1.6M
Q3 24
$1.1M
$2.3M
Q2 24
$264.0K
$5.6M
Q1 24
$281.0K
$-2.4M
FCF Margin
AIP
AIP
DHX
DHX
Q4 25
15.1%
18.1%
Q3 25
14.2%
9.9%
Q2 25
-17.2%
15.1%
Q1 25
16.2%
0.3%
Q4 24
-17.3%
4.6%
Q3 24
7.4%
6.5%
Q2 24
1.8%
15.6%
Q1 24
2.2%
-6.5%
Capex Intensity
AIP
AIP
DHX
DHX
Q4 25
0.7%
4.9%
Q3 25
4.1%
5.0%
Q2 25
2.2%
6.3%
Q1 25
1.1%
6.7%
Q4 24
0.3%
8.0%
Q3 24
0.2%
9.2%
Q2 24
0.3%
9.7%
Q1 24
1.5%
12.3%
Cash Conversion
AIP
AIP
DHX
DHX
Q4 25
7.60×
Q3 25
Q2 25
Q1 25
Q4 24
4.27×
Q3 24
Q2 24
9.61×
Q1 24

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%

DHX
DHX

Clearance Jobs$17.4M56%
Clearance Jobs Segment$13.9M44%

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