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

Arteris, Inc. is the larger business by last-quarter revenue ($20.1M vs $13.6M, roughly 1.5× Nurix Therapeutics, Inc.). Arteris, Inc. runs the higher net margin — -42.2% vs -576.1%, a 533.9% gap on every dollar of revenue. On growth, Arteris, Inc. posted the faster year-over-year revenue change (30.0% vs 2.2%). Arteris, Inc. produced more free cash flow last quarter ($3.0M vs $-73.0M). Over the past eight quarters, Arteris, Inc.'s revenue compounded faster (24.7% CAGR vs -9.5%).

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...

Nurix Therapeutics, Inc. is a clinical-stage biopharmaceutical company focused on discovering, developing and commercializing novel targeted protein degradation therapies for cancer, immune disorders and other serious unmet medical needs. Its core pipeline leverages proprietary E3 ubiquitin ligase modulation technology, with operations primarily based in the United States and collaborative partnerships with global pharmaceutical firms.

AIP vs NRIX — Head-to-Head

Bigger by revenue
AIP
AIP
1.5× larger
AIP
$20.1M
$13.6M
NRIX
Growing faster (revenue YoY)
AIP
AIP
+27.8% gap
AIP
30.0%
2.2%
NRIX
Higher net margin
AIP
AIP
533.9% more per $
AIP
-42.2%
-576.1%
NRIX
More free cash flow
AIP
AIP
$76.0M more FCF
AIP
$3.0M
$-73.0M
NRIX
Faster 2-yr revenue CAGR
AIP
AIP
Annualised
AIP
24.7%
-9.5%
NRIX

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
AIP
AIP
NRIX
NRIX
Revenue
$20.1M
$13.6M
Net Profit
$-8.5M
$-78.2M
Gross Margin
90.8%
Operating Margin
-42.0%
-612.0%
Net Margin
-42.2%
-576.1%
Revenue YoY
30.0%
2.2%
Net Profit YoY
-3.7%
-33.6%
EPS (diluted)
$-0.19
$-0.83

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
NRIX
NRIX
Q4 25
$20.1M
$13.6M
Q3 25
$17.4M
$7.9M
Q2 25
$16.5M
$44.1M
Q1 25
$16.5M
$18.5M
Q4 24
$15.5M
$13.3M
Q3 24
$14.7M
$12.6M
Q2 24
$14.6M
$12.1M
Q1 24
$12.9M
$16.6M
Net Profit
AIP
AIP
NRIX
NRIX
Q4 25
$-8.5M
$-78.2M
Q3 25
$-9.0M
$-86.4M
Q2 25
$-9.1M
$-43.5M
Q1 25
$-8.1M
$-56.4M
Q4 24
$-8.2M
$-58.5M
Q3 24
$-7.7M
$-49.0M
Q2 24
$-8.3M
$-44.5M
Q1 24
$-9.4M
$-41.5M
Gross Margin
AIP
AIP
NRIX
NRIX
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
NRIX
NRIX
Q4 25
-42.0%
-612.0%
Q3 25
-50.1%
-1157.7%
Q2 25
-50.0%
-109.7%
Q1 25
-46.6%
-340.7%
Q4 24
-45.9%
-486.7%
Q3 24
-53.8%
-433.8%
Q2 24
-51.1%
-401.4%
Q1 24
-70.5%
-272.6%
Net Margin
AIP
AIP
NRIX
NRIX
Q4 25
-42.2%
-576.1%
Q3 25
-51.6%
-1094.8%
Q2 25
-55.3%
-98.7%
Q1 25
-49.1%
-305.4%
Q4 24
-53.0%
-440.7%
Q3 24
-52.2%
-388.9%
Q2 24
-57.2%
-368.4%
Q1 24
-72.6%
-250.3%
EPS (diluted)
AIP
AIP
NRIX
NRIX
Q4 25
$-0.19
$-0.83
Q3 25
$-0.21
$-1.03
Q2 25
$-0.22
$-0.52
Q1 25
$-0.20
$-0.67
Q4 24
$-0.19
$-0.74
Q3 24
$-0.20
$-0.67
Q2 24
$-0.22
$-0.71
Q1 24
$-0.25
$-0.76

Balance Sheet & Financial Strength

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

Metric
AIP
AIP
NRIX
NRIX
Cash + ST InvestmentsLiquidity on hand
$33.9M
$247.0M
Total DebtLower is stronger
Stockholders' EquityBook value
$-14.6M
$538.7M
Total Assets
$115.0M
$688.1M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AIP
AIP
NRIX
NRIX
Q4 25
$33.9M
$247.0M
Q3 25
$39.0M
$78.4M
Q2 25
$38.0M
$84.3M
Q1 25
$42.3M
$75.9M
Q4 24
$43.8M
$110.0M
Q3 24
$48.7M
$99.0M
Q2 24
$45.8M
$116.8M
Q1 24
$44.8M
$49.8M
Stockholders' Equity
AIP
AIP
NRIX
NRIX
Q4 25
$-14.6M
$538.7M
Q3 25
$-11.4M
$372.3M
Q2 25
$-7.5M
$447.6M
Q1 25
$-4.8M
$480.9M
Q4 24
$-1.2M
$527.0M
Q3 24
$2.2M
$376.9M
Q2 24
$5.3M
$370.7M
Q1 24
$9.5M
$168.7M
Total Assets
AIP
AIP
NRIX
NRIX
Q4 25
$115.0M
$688.1M
Q3 25
$107.7M
$522.5M
Q2 25
$106.9M
$591.6M
Q1 25
$98.3M
$615.0M
Q4 24
$106.1M
$669.3M
Q3 24
$97.7M
$513.6M
Q2 24
$96.4M
$511.0M
Q1 24
$101.4M
$312.7M

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
NRIX
NRIX
Operating Cash FlowLast quarter
$3.2M
$-67.8M
Free Cash FlowOCF − Capex
$3.0M
$-73.0M
FCF MarginFCF / Revenue
15.1%
-537.4%
Capex IntensityCapex / Revenue
0.7%
37.8%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$5.3M
$-263.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AIP
AIP
NRIX
NRIX
Q4 25
$3.2M
$-67.8M
Q3 25
$3.2M
$-57.4M
Q2 25
$-2.5M
$-63.2M
Q1 25
$2.9M
$-61.1M
Q4 24
$-2.6M
$-48.8M
Q3 24
$1.1M
$-42.2M
Q2 24
$311.0K
$-39.7M
Q1 24
$477.0K
$-42.0M
Free Cash Flow
AIP
AIP
NRIX
NRIX
Q4 25
$3.0M
$-73.0M
Q3 25
$2.5M
$-60.1M
Q2 25
$-2.8M
$-65.8M
Q1 25
$2.7M
$-64.6M
Q4 24
$-2.7M
$-50.9M
Q3 24
$1.1M
$-44.5M
Q2 24
$264.0K
$-41.6M
Q1 24
$281.0K
$-44.8M
FCF Margin
AIP
AIP
NRIX
NRIX
Q4 25
15.1%
-537.4%
Q3 25
14.2%
-761.3%
Q2 25
-17.2%
-149.4%
Q1 25
16.2%
-349.9%
Q4 24
-17.3%
-382.8%
Q3 24
7.4%
-353.7%
Q2 24
1.8%
-344.4%
Q1 24
2.2%
-270.3%
Capex Intensity
AIP
AIP
NRIX
NRIX
Q4 25
0.7%
37.8%
Q3 25
4.1%
34.3%
Q2 25
2.2%
6.1%
Q1 25
1.1%
18.9%
Q4 24
0.3%
15.8%
Q3 24
0.2%
18.6%
Q2 24
0.3%
16.0%
Q1 24
1.5%
17.4%

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%

NRIX
NRIX

Pfizer$11.9M88%
Gilead Agreement$1.7M13%

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