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Side-by-side financial comparison of Arteris, Inc. (AIP) and ENANTA PHARMACEUTICALS INC (ENTA). Click either name above to swap in a different company.
Arteris, Inc. is the larger business by last-quarter revenue ($20.1M vs $18.6M, roughly 1.1× ENANTA PHARMACEUTICALS INC). Arteris, Inc. runs the higher net margin — -42.2% vs -64.1%, a 21.9% gap on every dollar of revenue. On growth, Arteris, Inc. posted the faster year-over-year revenue change (30.0% vs 9.8%). Arteris, Inc. produced more free cash flow last quarter ($3.0M vs $-11.8M). Over the past eight quarters, Arteris, Inc.'s revenue compounded faster (24.7% CAGR vs 4.5%).
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...
Enanta Pharmaceuticals Inc is a clinical-stage biotechnology company that develops innovative antiviral therapies for infectious diseases including hepatitis B virus, respiratory syncytial virus (RSV), and SARS-CoV-2. It operates primarily in the U.S. and global markets, partnering with pharmaceutical firms to advance its small molecule drug candidate pipeline for patients with unmet medical needs.
AIP vs ENTA — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $20.1M | $18.6M |
| Net Profit | $-8.5M | $-11.9M |
| Gross Margin | 90.8% | — |
| Operating Margin | -42.0% | -60.5% |
| Net Margin | -42.2% | -64.1% |
| Revenue YoY | 30.0% | 9.8% |
| Net Profit YoY | -3.7% | 46.4% |
| EPS (diluted) | $-0.19 | $-0.42 |
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 | $18.6M | ||
| Q3 25 | $17.4M | $15.1M | ||
| Q2 25 | $16.5M | $18.3M | ||
| Q1 25 | $16.5M | $14.9M | ||
| Q4 24 | $15.5M | $17.0M | ||
| Q3 24 | $14.7M | $14.6M | ||
| Q2 24 | $14.6M | $18.0M | ||
| Q1 24 | $12.9M | $17.1M |
| Q4 25 | $-8.5M | $-11.9M | ||
| Q3 25 | $-9.0M | $-18.7M | ||
| Q2 25 | $-9.1M | $-18.3M | ||
| Q1 25 | $-8.1M | $-22.6M | ||
| Q4 24 | $-8.2M | $-22.3M | ||
| Q3 24 | $-7.7M | $-28.8M | ||
| Q2 24 | $-8.3M | $-22.7M | ||
| Q1 24 | $-9.4M | $-31.2M |
| 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% | — |
| Q4 25 | -42.0% | -60.5% | ||
| Q3 25 | -50.1% | -121.6% | ||
| Q2 25 | -50.0% | -103.2% | ||
| Q1 25 | -46.6% | -164.3% | ||
| Q4 24 | -45.9% | -138.8% | ||
| Q3 24 | -53.8% | -204.4% | ||
| Q2 24 | -51.1% | -134.6% | ||
| Q1 24 | -70.5% | -192.1% |
| Q4 25 | -42.2% | -64.1% | ||
| Q3 25 | -51.6% | -123.6% | ||
| Q2 25 | -55.3% | -99.7% | ||
| Q1 25 | -49.1% | -151.7% | ||
| Q4 24 | -53.0% | -131.4% | ||
| Q3 24 | -52.2% | -197.3% | ||
| Q2 24 | -57.2% | -126.1% | ||
| Q1 24 | -72.6% | -182.7% |
| Q4 25 | $-0.19 | $-0.42 | ||
| Q3 25 | $-0.21 | $-0.88 | ||
| Q2 25 | $-0.22 | $-0.85 | ||
| Q1 25 | $-0.20 | $-1.06 | ||
| Q4 24 | $-0.19 | $-1.05 | ||
| Q3 24 | $-0.20 | $-1.36 | ||
| Q2 24 | $-0.22 | $-1.07 | ||
| Q1 24 | $-0.25 | $-1.47 |
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 | $37.4M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $-14.6M | $126.6M |
| Total Assets | $115.0M | $329.5M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $33.9M | $37.4M | ||
| Q3 25 | $39.0M | $32.3M | ||
| Q2 25 | $38.0M | $44.8M | ||
| Q1 25 | $42.3M | $60.2M | ||
| Q4 24 | $43.8M | $84.3M | ||
| Q3 24 | $48.7M | $37.2M | ||
| Q2 24 | $45.8M | $35.8M | ||
| Q1 24 | $44.8M | $63.5M |
| Q4 25 | $-14.6M | $126.6M | ||
| Q3 25 | $-11.4M | $64.7M | ||
| Q2 25 | $-7.5M | $79.3M | ||
| Q1 25 | $-4.8M | $93.5M | ||
| Q4 24 | $-1.2M | $111.8M | ||
| Q3 24 | $2.2M | $128.8M | ||
| Q2 24 | $5.3M | $148.9M | ||
| Q1 24 | $9.5M | $166.1M |
| Q4 25 | $115.0M | $329.5M | ||
| Q3 25 | $107.7M | $280.7M | ||
| Q2 25 | $106.9M | $301.0M | ||
| Q1 25 | $98.3M | $323.0M | ||
| Q4 24 | $106.1M | $348.6M | ||
| Q3 24 | $97.7M | $376.7M | ||
| Q2 24 | $96.4M | $398.8M | ||
| Q1 24 | $101.4M | $413.6M |
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 | $-11.7M |
| Free Cash FlowOCF − Capex | $3.0M | $-11.8M |
| FCF MarginFCF / Revenue | 15.1% | -63.6% |
| Capex IntensityCapex / Revenue | 0.7% | 0.8% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $5.3M | $-18.5M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $3.2M | $-11.7M | ||
| Q3 25 | $3.2M | $-6.5M | ||
| Q2 25 | $-2.5M | $17.5M | ||
| Q1 25 | $2.9M | $-13.5M | ||
| Q4 24 | $-2.6M | $-16.8M | ||
| Q3 24 | $1.1M | $-10.4M | ||
| Q2 24 | $311.0K | $-14.8M | ||
| Q1 24 | $477.0K | $-28.6M |
| Q4 25 | $3.0M | $-11.8M | ||
| Q3 25 | $2.5M | $-7.9M | ||
| Q2 25 | $-2.8M | $17.4M | ||
| Q1 25 | $2.7M | $-16.0M | ||
| Q4 24 | $-2.7M | $-25.5M | ||
| Q3 24 | $1.1M | $-19.4M | ||
| Q2 24 | $264.0K | $-21.3M | ||
| Q1 24 | $281.0K | $-30.3M |
| Q4 25 | 15.1% | -63.6% | ||
| Q3 25 | 14.2% | -52.5% | ||
| Q2 25 | -17.2% | 94.7% | ||
| Q1 25 | 16.2% | -107.4% | ||
| Q4 24 | -17.3% | -150.6% | ||
| Q3 24 | 7.4% | -132.5% | ||
| Q2 24 | 1.8% | -118.6% | ||
| Q1 24 | 2.2% | -177.5% |
| Q4 25 | 0.7% | 0.8% | ||
| Q3 25 | 4.1% | 9.6% | ||
| Q2 25 | 2.2% | 0.8% | ||
| Q1 25 | 1.1% | 17.0% | ||
| Q4 24 | 0.3% | 51.6% | ||
| Q3 24 | 0.2% | 61.3% | ||
| Q2 24 | 0.3% | 36.4% | ||
| Q1 24 | 1.5% | 9.8% |
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% |
ENTA
Segment breakdown not available.
