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

Arteris, Inc. is the larger business by last-quarter revenue ($20.1M vs $17.1M, roughly 1.2× Genasys Inc.). Genasys Inc. runs the higher net margin — -4.8% vs -42.2%, a 37.4% gap on every dollar of revenue. On growth, Genasys Inc. posted the faster year-over-year revenue change (145.9% vs 30.0%). Over the past eight quarters, Genasys Inc.'s revenue compounded faster (72.4% CAGR vs 24.7%).

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...

Genasys Inc. is based in San Diego, California. Its long-range acoustic device (LRAD) products are used for long-range acoustic hailing and mass notification. Its software-as-a-service products Genasys Protect and Evertel are used for zone-based multi-channel communication and secure messaging and collaboration, respectively. Genasys Acoustics are integrated speakers used to send long range voice broadcasts. The company was previously named American Technology Corporation (ATC) until 2010 and...

AIP vs GNSS — Head-to-Head

Bigger by revenue
AIP
AIP
1.2× larger
AIP
$20.1M
$17.1M
GNSS
Growing faster (revenue YoY)
GNSS
GNSS
+115.9% gap
GNSS
145.9%
30.0%
AIP
Higher net margin
GNSS
GNSS
37.4% more per $
GNSS
-4.8%
-42.2%
AIP
Faster 2-yr revenue CAGR
GNSS
GNSS
Annualised
GNSS
72.4%
24.7%
AIP

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
AIP
AIP
GNSS
GNSS
Revenue
$20.1M
$17.1M
Net Profit
$-8.5M
$-817.0K
Gross Margin
90.8%
48.0%
Operating Margin
-42.0%
-2.1%
Net Margin
-42.2%
-4.8%
Revenue YoY
30.0%
145.9%
Net Profit YoY
-3.7%
80.0%
EPS (diluted)
$-0.19
$-0.02

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
GNSS
GNSS
Q4 25
$20.1M
$17.1M
Q3 25
$17.4M
$17.0M
Q2 25
$16.5M
$9.9M
Q1 25
$16.5M
$6.9M
Q4 24
$15.5M
$6.9M
Q3 24
$14.7M
$6.7M
Q2 24
$14.6M
$7.2M
Q1 24
$12.9M
$5.7M
Net Profit
AIP
AIP
GNSS
GNSS
Q4 25
$-8.5M
$-817.0K
Q3 25
$-9.0M
$-1.4M
Q2 25
$-9.1M
$-6.5M
Q1 25
$-8.1M
$-6.1M
Q4 24
$-8.2M
$-4.1M
Q3 24
$-7.7M
$-11.4M
Q2 24
$-8.3M
$-6.7M
Q1 24
$-9.4M
$-6.9M
Gross Margin
AIP
AIP
GNSS
GNSS
Q4 25
90.8%
48.0%
Q3 25
89.9%
50.3%
Q2 25
89.4%
26.3%
Q1 25
90.8%
37.7%
Q4 24
89.8%
45.8%
Q3 24
90.1%
40.8%
Q2 24
90.0%
52.8%
Q1 24
88.7%
37.9%
Operating Margin
AIP
AIP
GNSS
GNSS
Q4 25
-42.0%
-2.1%
Q3 25
-50.1%
7.7%
Q2 25
-50.0%
-60.1%
Q1 25
-46.6%
-90.2%
Q4 24
-45.9%
-85.6%
Q3 24
-53.8%
-105.8%
Q2 24
-51.1%
-74.8%
Q1 24
-70.5%
-121.9%
Net Margin
AIP
AIP
GNSS
GNSS
Q4 25
-42.2%
-4.8%
Q3 25
-51.6%
-8.3%
Q2 25
-55.3%
-65.8%
Q1 25
-49.1%
-88.6%
Q4 24
-53.0%
-58.8%
Q3 24
-52.2%
-168.9%
Q2 24
-57.2%
-93.2%
Q1 24
-72.6%
-120.9%
EPS (diluted)
AIP
AIP
GNSS
GNSS
Q4 25
$-0.19
$-0.02
Q3 25
$-0.21
$-0.03
Q2 25
$-0.22
$-0.14
Q1 25
$-0.20
$-0.14
Q4 24
$-0.19
$-0.09
Q3 24
$-0.20
$-0.26
Q2 24
$-0.22
$-0.15
Q1 24
$-0.25
$-0.16

Balance Sheet & Financial Strength

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

Metric
AIP
AIP
GNSS
GNSS
Cash + ST InvestmentsLiquidity on hand
$33.9M
$10.3M
Total DebtLower is stronger
Stockholders' EquityBook value
$-14.6M
$1.8M
Total Assets
$115.0M
$67.6M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AIP
AIP
GNSS
GNSS
Q4 25
$33.9M
$10.3M
Q3 25
$39.0M
$8.0M
Q2 25
$38.0M
$5.5M
Q1 25
$42.3M
$7.1M
Q4 24
$43.8M
$13.6M
Q3 24
$48.7M
$12.9M
Q2 24
$45.8M
$12.7M
Q1 24
$44.8M
$6.6M
Stockholders' Equity
AIP
AIP
GNSS
GNSS
Q4 25
$-14.6M
$1.8M
Q3 25
$-11.4M
$2.2M
Q2 25
$-7.5M
$3.2M
Q1 25
$-4.8M
$8.1M
Q4 24
$-1.2M
$13.7M
Q3 24
$2.2M
$17.6M
Q2 24
$5.3M
$28.5M
Q1 24
$9.5M
$34.9M
Total Assets
AIP
AIP
GNSS
GNSS
Q4 25
$115.0M
$67.6M
Q3 25
$107.7M
$63.9M
Q2 25
$106.9M
$57.4M
Q1 25
$98.3M
$49.7M
Q4 24
$106.1M
$54.6M
Q3 24
$97.7M
$53.9M
Q2 24
$96.4M
$59.4M
Q1 24
$101.4M
$51.0M

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
GNSS
GNSS
Operating Cash FlowLast quarter
$3.2M
$7.2M
Free Cash FlowOCF − Capex
$3.0M
FCF MarginFCF / Revenue
15.1%
Capex IntensityCapex / Revenue
0.7%
0.0%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$5.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AIP
AIP
GNSS
GNSS
Q4 25
$3.2M
$7.2M
Q3 25
$3.2M
$2.5M
Q2 25
$-2.5M
$-5.9M
Q1 25
$2.9M
$-6.3M
Q4 24
$-2.6M
$947.0K
Q3 24
$1.1M
$556.0K
Q2 24
$311.0K
$-7.5M
Q1 24
$477.0K
$-6.8M
Free Cash Flow
AIP
AIP
GNSS
GNSS
Q4 25
$3.0M
Q3 25
$2.5M
$2.5M
Q2 25
$-2.8M
$-5.9M
Q1 25
$2.7M
$-6.5M
Q4 24
$-2.7M
$878.0K
Q3 24
$1.1M
$526.0K
Q2 24
$264.0K
$-7.5M
Q1 24
$281.0K
$-6.8M
FCF Margin
AIP
AIP
GNSS
GNSS
Q4 25
15.1%
Q3 25
14.2%
14.5%
Q2 25
-17.2%
-59.9%
Q1 25
16.2%
-93.4%
Q4 24
-17.3%
12.7%
Q3 24
7.4%
7.8%
Q2 24
1.8%
-105.0%
Q1 24
2.2%
-118.1%
Capex Intensity
AIP
AIP
GNSS
GNSS
Q4 25
0.7%
0.0%
Q3 25
4.1%
0.2%
Q2 25
2.2%
0.1%
Q1 25
1.1%
2.2%
Q4 24
0.3%
1.0%
Q3 24
0.2%
0.4%
Q2 24
0.3%
0.1%
Q1 24
1.5%
0.2%

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%

GNSS
GNSS

Hardware$14.8M87%
Software$2.3M13%

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