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

Arteris, Inc. is the larger business by last-quarter revenue ($20.1M vs $18.9M, roughly 1.1× Electromed, Inc.). Electromed, Inc. runs the higher net margin — 14.6% vs -42.2%, a 56.8% gap on every dollar of revenue. On growth, Arteris, Inc. posted the faster year-over-year revenue change (30.0% vs 16.3%). Arteris, Inc. produced more free cash flow last quarter ($3.0M vs $2.4M). Over the past eight quarters, Arteris, Inc.'s revenue compounded faster (24.7% CAGR vs 16.7%).

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...

Electromed, Inc. is a specialized medical device firm developing, manufacturing, and distributing advanced respiratory care products. Its core offerings are high-frequency chest wall oscillation systems that clear airway secretions for patients with cystic fibrosis, COPD and other respiratory conditions, serving U.S. home care and clinical customers.

AIP vs ELMD — Head-to-Head

Bigger by revenue
AIP
AIP
1.1× larger
AIP
$20.1M
$18.9M
ELMD
Growing faster (revenue YoY)
AIP
AIP
+13.8% gap
AIP
30.0%
16.3%
ELMD
Higher net margin
ELMD
ELMD
56.8% more per $
ELMD
14.6%
-42.2%
AIP
More free cash flow
AIP
AIP
$644.0K more FCF
AIP
$3.0M
$2.4M
ELMD
Faster 2-yr revenue CAGR
AIP
AIP
Annualised
AIP
24.7%
16.7%
ELMD

Income Statement — Q4 FY2025 vs Q2 FY2026

Metric
AIP
AIP
ELMD
ELMD
Revenue
$20.1M
$18.9M
Net Profit
$-8.5M
$2.8M
Gross Margin
90.8%
78.4%
Operating Margin
-42.0%
19.2%
Net Margin
-42.2%
14.6%
Revenue YoY
30.0%
16.3%
Net Profit YoY
-3.7%
40.3%
EPS (diluted)
$-0.19
$0.32

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
ELMD
ELMD
Q4 25
$20.1M
$18.9M
Q3 25
$17.4M
$16.9M
Q2 25
$16.5M
$17.4M
Q1 25
$16.5M
$15.7M
Q4 24
$15.5M
$16.3M
Q3 24
$14.7M
$14.7M
Q2 24
$14.6M
$14.8M
Q1 24
$12.9M
$13.9M
Net Profit
AIP
AIP
ELMD
ELMD
Q4 25
$-8.5M
$2.8M
Q3 25
$-9.0M
$2.1M
Q2 25
$-9.1M
$2.2M
Q1 25
$-8.1M
$1.9M
Q4 24
$-8.2M
$2.0M
Q3 24
$-7.7M
$1.5M
Q2 24
$-8.3M
$1.8M
Q1 24
$-9.4M
$1.5M
Gross Margin
AIP
AIP
ELMD
ELMD
Q4 25
90.8%
78.4%
Q3 25
89.9%
78.1%
Q2 25
89.4%
78.3%
Q1 25
90.8%
78.0%
Q4 24
89.8%
77.7%
Q3 24
90.1%
78.3%
Q2 24
90.0%
76.2%
Q1 24
88.7%
74.8%
Operating Margin
AIP
AIP
ELMD
ELMD
Q4 25
-42.0%
19.2%
Q3 25
-50.1%
15.8%
Q2 25
-50.0%
17.5%
Q1 25
-46.6%
13.6%
Q4 24
-45.9%
15.6%
Q3 24
-53.8%
13.2%
Q2 24
-51.1%
15.7%
Q1 24
-70.5%
13.3%
Net Margin
AIP
AIP
ELMD
ELMD
Q4 25
-42.2%
14.6%
Q3 25
-51.6%
12.6%
Q2 25
-55.3%
12.7%
Q1 25
-49.1%
12.1%
Q4 24
-53.0%
12.1%
Q3 24
-52.2%
10.0%
Q2 24
-57.2%
12.3%
Q1 24
-72.6%
10.8%
EPS (diluted)
AIP
AIP
ELMD
ELMD
Q4 25
$-0.19
$0.32
Q3 25
$-0.21
$0.25
Q2 25
$-0.22
$0.26
Q1 25
$-0.20
$0.21
Q4 24
$-0.19
$0.22
Q3 24
$-0.20
$0.16
Q2 24
$-0.22
$0.20
Q1 24
$-0.25
$0.17

Balance Sheet & Financial Strength

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

Metric
AIP
AIP
ELMD
ELMD
Cash + ST InvestmentsLiquidity on hand
$33.9M
$13.8M
Total DebtLower is stronger
Stockholders' EquityBook value
$-14.6M
$45.4M
Total Assets
$115.0M
$54.9M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AIP
AIP
ELMD
ELMD
Q4 25
$33.9M
$13.8M
Q3 25
$39.0M
$14.1M
Q2 25
$38.0M
$15.3M
Q1 25
$42.3M
$15.2M
Q4 24
$43.8M
$16.2M
Q3 24
$48.7M
$13.9M
Q2 24
$45.8M
$16.1M
Q1 24
$44.8M
$11.7M
Stockholders' Equity
AIP
AIP
ELMD
ELMD
Q4 25
$-14.6M
$45.4M
Q3 25
$-11.4M
$44.7M
Q2 25
$-7.5M
$43.2M
Q1 25
$-4.8M
$43.9M
Q4 24
$-1.2M
$43.6M
Q3 24
$2.2M
$41.5M
Q2 24
$5.3M
$44.5M
Q1 24
$9.5M
$42.5M
Total Assets
AIP
AIP
ELMD
ELMD
Q4 25
$115.0M
$54.9M
Q3 25
$107.7M
$53.6M
Q2 25
$106.9M
$53.8M
Q1 25
$98.3M
$52.5M
Q4 24
$106.1M
$52.3M
Q3 24
$97.7M
$48.9M
Q2 24
$96.4M
$52.2M
Q1 24
$101.4M
$48.9M

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
ELMD
ELMD
Operating Cash FlowLast quarter
$3.2M
$3.0M
Free Cash FlowOCF − Capex
$3.0M
$2.4M
FCF MarginFCF / Revenue
15.1%
12.7%
Capex IntensityCapex / Revenue
0.7%
3.4%
Cash ConversionOCF / Net Profit
1.10×
TTM Free Cash FlowTrailing 4 quarters
$5.3M
$7.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AIP
AIP
ELMD
ELMD
Q4 25
$3.2M
$3.0M
Q3 25
$3.2M
$169.0K
Q2 25
$-2.5M
$3.9M
Q1 25
$2.9M
$2.1M
Q4 24
$-2.6M
$3.2M
Q3 24
$1.1M
$2.3M
Q2 24
$311.0K
$4.5M
Q1 24
$477.0K
$1.4M
Free Cash Flow
AIP
AIP
ELMD
ELMD
Q4 25
$3.0M
$2.4M
Q3 25
$2.5M
$-83.0K
Q2 25
$-2.8M
$3.7M
Q1 25
$2.7M
$1.9M
Q4 24
$-2.7M
$2.9M
Q3 24
$1.1M
$2.3M
Q2 24
$264.0K
$4.5M
Q1 24
$281.0K
$1.3M
FCF Margin
AIP
AIP
ELMD
ELMD
Q4 25
15.1%
12.7%
Q3 25
14.2%
-0.5%
Q2 25
-17.2%
21.4%
Q1 25
16.2%
12.2%
Q4 24
-17.3%
18.0%
Q3 24
7.4%
15.5%
Q2 24
1.8%
30.1%
Q1 24
2.2%
9.1%
Capex Intensity
AIP
AIP
ELMD
ELMD
Q4 25
0.7%
3.4%
Q3 25
4.1%
1.5%
Q2 25
2.2%
0.8%
Q1 25
1.1%
1.0%
Q4 24
0.3%
1.4%
Q3 24
0.2%
0.3%
Q2 24
0.3%
0.1%
Q1 24
1.5%
0.6%
Cash Conversion
AIP
AIP
ELMD
ELMD
Q4 25
1.10×
Q3 25
0.08×
Q2 25
1.75×
Q1 25
1.10×
Q4 24
1.60×
Q3 24
1.57×
Q2 24
2.46×
Q1 24
0.90×

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%

ELMD
ELMD

Homecare$17.3M91%
Other$1.6M9%

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