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Side-by-side financial comparison of Arteris, Inc. (AIP) and NORTHERN TECHNOLOGIES INTERNATIONAL CORP (NTIC). Click either name above to swap in a different company.
NORTHERN TECHNOLOGIES INTERNATIONAL CORP is the larger business by last-quarter revenue ($23.3M vs $20.1M, roughly 1.2× Arteris, Inc.). NORTHERN TECHNOLOGIES INTERNATIONAL CORP runs the higher net margin — 1.0% vs -42.2%, a 43.3% gap on every dollar of revenue. On growth, Arteris, Inc. posted the faster year-over-year revenue change (30.0% vs 9.2%). Arteris, Inc. produced more free cash flow last quarter ($3.0M vs $-479.7K). Over the past eight quarters, Arteris, Inc.'s revenue compounded faster (24.7% CAGR vs 5.8%).
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...
Maxar Technologies Inc., was an American space technology company, specializing in geospatial intelligence, Earth observation, and on-orbit satellite servicing, satellite products, and related services. DigitalGlobe and MDA Holdings Company merged to become Maxar Technologies on October 5, 2017.
AIP vs NTIC — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $20.1M | $23.3M |
| Net Profit | $-8.5M | $237.8K |
| Gross Margin | 90.8% | 36.0% |
| Operating Margin | -42.0% | 4.0% |
| Net Margin | -42.2% | 1.0% |
| Revenue YoY | 30.0% | 9.2% |
| Net Profit YoY | -3.7% | -57.6% |
| 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.
| Q4 25 | $20.1M | $23.3M | ||
| Q3 25 | $17.4M | $22.3M | ||
| Q2 25 | $16.5M | $21.5M | ||
| Q1 25 | $16.5M | $19.1M | ||
| Q4 24 | $15.5M | $21.3M | ||
| Q3 24 | $14.7M | $23.3M | ||
| Q2 24 | $14.6M | $20.7M | ||
| Q1 24 | $12.9M | $20.8M |
| Q4 25 | $-8.5M | $237.8K | ||
| Q3 25 | $-9.0M | $-1.1M | ||
| Q2 25 | $-9.1M | $121.8K | ||
| Q1 25 | $-8.1M | $434.3K | ||
| Q4 24 | $-8.2M | $561.1K | ||
| Q3 24 | $-7.7M | $1.8M | ||
| Q2 24 | $-8.3M | $976.6K | ||
| Q1 24 | $-9.4M | $1.7M |
| Q4 25 | 90.8% | 36.0% | ||
| Q3 25 | 89.9% | 37.9% | ||
| Q2 25 | 89.4% | 38.4% | ||
| Q1 25 | 90.8% | 35.6% | ||
| Q4 24 | 89.8% | 38.3% | ||
| Q3 24 | 90.1% | 43.8% | ||
| Q2 24 | 90.0% | 38.2% | ||
| Q1 24 | 88.7% | 40.0% |
| Q4 25 | -42.0% | 4.0% | ||
| Q3 25 | -50.1% | 4.2% | ||
| Q2 25 | -50.0% | 4.0% | ||
| Q1 25 | -46.6% | -1.7% | ||
| Q4 24 | -45.9% | 5.2% | ||
| Q3 24 | -53.8% | 11.8% | ||
| Q2 24 | -51.1% | 7.4% | ||
| Q1 24 | -70.5% | 10.6% |
| Q4 25 | -42.2% | 1.0% | ||
| Q3 25 | -51.6% | -4.9% | ||
| Q2 25 | -55.3% | 0.6% | ||
| Q1 25 | -49.1% | 2.3% | ||
| Q4 24 | -53.0% | 2.6% | ||
| Q3 24 | -52.2% | 7.9% | ||
| Q2 24 | -57.2% | 4.7% | ||
| Q1 24 | -72.6% | 8.2% |
| Q4 25 | $-0.19 | $0.03 | ||
| Q3 25 | $-0.21 | $-0.11 | ||
| Q2 25 | $-0.22 | $0.01 | ||
| Q1 25 | $-0.20 | $0.04 | ||
| Q4 24 | $-0.19 | $0.06 | ||
| Q3 24 | $-0.20 | $0.19 | ||
| Q2 24 | $-0.22 | $0.10 | ||
| 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 | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $33.9M | $6.4M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $-14.6M | $72.4M |
| Total Assets | $115.0M | $104.0M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $33.9M | $6.4M | ||
| Q3 25 | $39.0M | $7.3M | ||
| Q2 25 | $38.0M | $6.8M | ||
| Q1 25 | $42.3M | $5.1M | ||
| Q4 24 | $43.8M | $5.6M | ||
| Q3 24 | $48.7M | $5.0M | ||
| Q2 24 | $45.8M | $5.8M | ||
| Q1 24 | $44.8M | $4.8M |
| Q4 25 | $-14.6M | $72.4M | ||
| Q3 25 | $-11.4M | $72.1M | ||
| Q2 25 | $-7.5M | $72.4M | ||
| Q1 25 | $-4.8M | $69.7M | ||
| Q4 24 | $-1.2M | $70.2M | ||
| Q3 24 | $2.2M | $71.2M | ||
| Q2 24 | $5.3M | $68.9M | ||
| Q1 24 | $9.5M | $68.4M |
| Q4 25 | $115.0M | $104.0M | ||
| Q3 25 | $107.7M | $102.7M | ||
| Q2 25 | $106.9M | $99.3M | ||
| Q1 25 | $98.3M | $93.7M | ||
| Q4 24 | $106.1M | $94.0M | ||
| Q3 24 | $97.7M | $94.7M | ||
| Q2 24 | $96.4M | $89.3M | ||
| Q1 24 | $101.4M | $87.3M |
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 | $341.9K |
| Free Cash FlowOCF − Capex | $3.0M | $-479.7K |
| FCF MarginFCF / Revenue | 15.1% | -2.1% |
| Capex IntensityCapex / Revenue | 0.7% | 3.5% |
| Cash ConversionOCF / Net Profit | — | 1.44× |
| TTM Free Cash FlowTrailing 4 quarters | $5.3M | $-1.8M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $3.2M | $341.9K | ||
| Q3 25 | $3.2M | $-1.4M | ||
| Q2 25 | $-2.5M | $609.7K | ||
| Q1 25 | $2.9M | $803.7K | ||
| Q4 24 | $-2.6M | $2.4M | ||
| Q3 24 | $1.1M | — | ||
| Q2 24 | $311.0K | $1.9M | ||
| Q1 24 | $477.0K | — |
| Q4 25 | $3.0M | $-479.7K | ||
| Q3 25 | $2.5M | $-1.4M | ||
| Q2 25 | $-2.8M | $-171.2K | ||
| Q1 25 | $2.7M | $293.1K | ||
| Q4 24 | $-2.7M | $1.2M | ||
| Q3 24 | $1.1M | — | ||
| Q2 24 | $264.0K | $869.4K | ||
| Q1 24 | $281.0K | — |
| Q4 25 | 15.1% | -2.1% | ||
| Q3 25 | 14.2% | -6.3% | ||
| Q2 25 | -17.2% | -0.8% | ||
| Q1 25 | 16.2% | 1.5% | ||
| Q4 24 | -17.3% | 5.5% | ||
| Q3 24 | 7.4% | — | ||
| Q2 24 | 1.8% | 4.2% | ||
| Q1 24 | 2.2% | — |
| Q4 25 | 0.7% | 3.5% | ||
| Q3 25 | 4.1% | 0.2% | ||
| Q2 25 | 2.2% | 3.6% | ||
| Q1 25 | 1.1% | 2.7% | ||
| Q4 24 | 0.3% | 5.7% | ||
| Q3 24 | 0.2% | — | ||
| Q2 24 | 0.3% | 5.2% | ||
| Q1 24 | 1.5% | — |
| Q4 25 | — | 1.44× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | 5.01× | ||
| Q1 25 | — | 1.85× | ||
| Q4 24 | — | 4.27× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | 1.99× | ||
| Q1 24 | — | — |
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% |
NTIC
| Inside The USA To Unaffiliated Customers | $7.5M | 32% |
| Natur Tec | $6.0M | 26% |
| Acobal | $3.6M | 15% |
| Other | $2.7M | 12% |
| BR | $2.1M | 9% |
| Zerust OY | $1.4M | 6% |
