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

Arteris, Inc. is the larger business by last-quarter revenue ($20.1M vs $18.3M, roughly 1.1× ROCKWELL MEDICAL, INC.). ROCKWELL MEDICAL, INC. runs the higher net margin — -3.0% vs -42.2%, a 39.2% gap on every dollar of revenue. On growth, Arteris, Inc. posted the faster year-over-year revenue change (30.0% vs -25.6%). Arteris, Inc. produced more free cash flow last quarter ($3.0M vs $2.2M). Over the past eight quarters, Arteris, Inc.'s revenue compounded faster (24.7% CAGR vs -10.1%).

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...

Rockwell Medical Inc. is a publicly traded pharmaceutical company based in Wixom, Michigan and founded in 1996 that focuses on development and commercialization of treatments against diseases such as end-stage renal disease (ESRD) and chronic kidney disease (CKD).

AIP vs RMTI — Head-to-Head

Bigger by revenue
AIP
AIP
1.1× larger
AIP
$20.1M
$18.3M
RMTI
Growing faster (revenue YoY)
AIP
AIP
+55.6% gap
AIP
30.0%
-25.6%
RMTI
Higher net margin
RMTI
RMTI
39.2% more per $
RMTI
-3.0%
-42.2%
AIP
More free cash flow
AIP
AIP
$831.0K more FCF
AIP
$3.0M
$2.2M
RMTI
Faster 2-yr revenue CAGR
AIP
AIP
Annualised
AIP
24.7%
-10.1%
RMTI

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
AIP
AIP
RMTI
RMTI
Revenue
$20.1M
$18.3M
Net Profit
$-8.5M
$-554.0K
Gross Margin
90.8%
21.1%
Operating Margin
-42.0%
-2.2%
Net Margin
-42.2%
-3.0%
Revenue YoY
30.0%
-25.6%
Net Profit YoY
-3.7%
26.7%
EPS (diluted)
$-0.19
$-0.01

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
RMTI
RMTI
Q4 25
$20.1M
$18.3M
Q3 25
$17.4M
$15.9M
Q2 25
$16.5M
$16.1M
Q1 25
$16.5M
$18.9M
Q4 24
$15.5M
$24.7M
Q3 24
$14.7M
$28.3M
Q2 24
$14.6M
$25.8M
Q1 24
$12.9M
$22.7M
Net Profit
AIP
AIP
RMTI
RMTI
Q4 25
$-8.5M
$-554.0K
Q3 25
$-9.0M
$-1.8M
Q2 25
$-9.1M
$-1.5M
Q1 25
$-8.1M
$-1.5M
Q4 24
$-8.2M
$-756.0K
Q3 24
$-7.7M
$1.7M
Q2 24
$-8.3M
$343.0K
Q1 24
$-9.4M
$-1.7M
Gross Margin
AIP
AIP
RMTI
RMTI
Q4 25
90.8%
21.1%
Q3 25
89.9%
14.3%
Q2 25
89.4%
15.6%
Q1 25
90.8%
16.1%
Q4 24
89.8%
14.7%
Q3 24
90.1%
22.0%
Q2 24
90.0%
17.6%
Q1 24
88.7%
13.5%
Operating Margin
AIP
AIP
RMTI
RMTI
Q4 25
-42.0%
-2.2%
Q3 25
-50.1%
-9.9%
Q2 25
-50.0%
-8.4%
Q1 25
-46.6%
-7.2%
Q4 24
-45.9%
-2.1%
Q3 24
-53.8%
6.8%
Q2 24
-51.1%
2.0%
Q1 24
-70.5%
-5.8%
Net Margin
AIP
AIP
RMTI
RMTI
Q4 25
-42.2%
-3.0%
Q3 25
-51.6%
-11.0%
Q2 25
-55.3%
-9.3%
Q1 25
-49.1%
-8.0%
Q4 24
-53.0%
-3.1%
Q3 24
-52.2%
5.9%
Q2 24
-57.2%
1.3%
Q1 24
-72.6%
-7.6%
EPS (diluted)
AIP
AIP
RMTI
RMTI
Q4 25
$-0.19
$-0.01
Q3 25
$-0.21
$-0.05
Q2 25
$-0.22
$-0.05
Q1 25
$-0.20
$-0.04
Q4 24
$-0.19
$-0.02
Q3 24
$-0.20
$0.04
Q2 24
$-0.22
$0.01
Q1 24
$-0.25
$-0.06

Balance Sheet & Financial Strength

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

Metric
AIP
AIP
RMTI
RMTI
Cash + ST InvestmentsLiquidity on hand
$33.9M
$10.7M
Total DebtLower is stronger
Stockholders' EquityBook value
$-14.6M
$37.0M
Total Assets
$115.0M
$57.1M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AIP
AIP
RMTI
RMTI
Q4 25
$33.9M
$10.7M
Q3 25
$39.0M
$13.6M
Q2 25
$38.0M
$12.5M
Q1 25
$42.3M
$11.4M
Q4 24
$43.8M
$15.7M
Q3 24
$48.7M
$12.3M
Q2 24
$45.8M
$11.9M
Q1 24
$44.8M
$6.6M
Stockholders' Equity
AIP
AIP
RMTI
RMTI
Q4 25
$-14.6M
$37.0M
Q3 25
$-11.4M
$37.0M
Q2 25
$-7.5M
$30.4M
Q1 25
$-4.8M
$31.5M
Q4 24
$-1.2M
$32.6M
Q3 24
$2.2M
$29.1M
Q2 24
$5.3M
$23.5M
Q1 24
$9.5M
$20.6M
Total Assets
AIP
AIP
RMTI
RMTI
Q4 25
$115.0M
$57.1M
Q3 25
$107.7M
$57.5M
Q2 25
$106.9M
$52.6M
Q1 25
$98.3M
$54.0M
Q4 24
$106.1M
$59.2M
Q3 24
$97.7M
$57.1M
Q2 24
$96.4M
$53.0M
Q1 24
$101.4M
$50.7M

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
RMTI
RMTI
Operating Cash FlowLast quarter
$3.2M
$2.3M
Free Cash FlowOCF − Capex
$3.0M
$2.2M
FCF MarginFCF / Revenue
15.1%
12.0%
Capex IntensityCapex / Revenue
0.7%
0.5%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$5.3M
$-1.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AIP
AIP
RMTI
RMTI
Q4 25
$3.2M
$2.3M
Q3 25
$3.2M
$-1.3M
Q2 25
$-2.5M
$1.8M
Q1 25
$2.9M
$-3.5M
Q4 24
$-2.6M
$865.0K
Q3 24
$1.1M
$4.3M
Q2 24
$311.0K
$1.4M
Q1 24
$477.0K
$-2.4M
Free Cash Flow
AIP
AIP
RMTI
RMTI
Q4 25
$3.0M
$2.2M
Q3 25
$2.5M
$-1.5M
Q2 25
$-2.8M
$1.7M
Q1 25
$2.7M
$-3.5M
Q4 24
$-2.7M
$470.0K
Q3 24
$1.1M
$4.1M
Q2 24
$264.0K
$1.2M
Q1 24
$281.0K
$-2.5M
FCF Margin
AIP
AIP
RMTI
RMTI
Q4 25
15.1%
12.0%
Q3 25
14.2%
-9.6%
Q2 25
-17.2%
10.5%
Q1 25
16.2%
-18.8%
Q4 24
-17.3%
1.9%
Q3 24
7.4%
14.4%
Q2 24
1.8%
4.5%
Q1 24
2.2%
-11.1%
Capex Intensity
AIP
AIP
RMTI
RMTI
Q4 25
0.7%
0.5%
Q3 25
4.1%
1.4%
Q2 25
2.2%
1.0%
Q1 25
1.1%
0.3%
Q4 24
0.3%
1.6%
Q3 24
0.2%
0.7%
Q2 24
0.3%
1.1%
Q1 24
1.5%
0.6%
Cash Conversion
AIP
AIP
RMTI
RMTI
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
2.57×
Q2 24
4.20×
Q1 24

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%

RMTI
RMTI

US$15.9M87%
Non Us$2.4M13%

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