vs
Side-by-side financial comparison of Arteris, Inc. (AIP) and Spire Global, Inc. (SPIR). Click either name above to swap in a different company.
Arteris, Inc. is the larger business by last-quarter revenue ($20.1M vs $15.8M, roughly 1.3× Spire Global, Inc.). Arteris, Inc. runs the higher net margin — -42.2% vs -176.6%, a 134.4% gap on every dollar of revenue. On growth, Arteris, Inc. posted the faster year-over-year revenue change (30.0% vs -26.9%). Arteris, Inc. produced more free cash flow last quarter ($3.0M vs $-16.2M). Over the past eight quarters, Arteris, Inc.'s revenue compounded faster (24.7% CAGR vs -32.6%).
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...
Spire Global, Inc. is a space-to-cloud data and analytics company that specializes in the tracking of global data sets powered by a large constellation of nanosatellites, such as the tracking of maritime, aviation and weather patterns.
AIP vs SPIR — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $20.1M | $15.8M |
| Net Profit | $-8.5M | $-28.0M |
| Gross Margin | 90.8% | 40.2% |
| Operating Margin | -42.0% | -164.1% |
| Net Margin | -42.2% | -176.6% |
| Revenue YoY | 30.0% | -26.9% |
| Net Profit YoY | -3.7% | 42.7% |
| EPS (diluted) | $-0.19 | $-0.85 |
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 | $15.8M | ||
| Q3 25 | $17.4M | $12.7M | ||
| Q2 25 | $16.5M | $19.2M | ||
| Q1 25 | $16.5M | $23.9M | ||
| Q4 24 | $15.5M | $21.7M | ||
| Q3 24 | $14.7M | $28.6M | ||
| Q2 24 | $14.6M | $25.4M | ||
| Q1 24 | $12.9M | $34.8M |
| Q4 25 | $-8.5M | $-28.0M | ||
| Q3 25 | $-9.0M | $-19.7M | ||
| Q2 25 | $-9.1M | $119.6M | ||
| Q1 25 | $-8.1M | $-20.7M | ||
| Q4 24 | $-8.2M | $-48.8M | ||
| Q3 24 | $-7.7M | $-12.5M | ||
| Q2 24 | $-8.3M | $-16.6M | ||
| Q1 24 | $-9.4M | $-25.5M |
| Q4 25 | 90.8% | 40.2% | ||
| Q3 25 | 89.9% | 36.6% | ||
| Q2 25 | 89.4% | 48.9% | ||
| Q1 25 | 90.8% | 36.8% | ||
| Q4 24 | 89.8% | 32.4% | ||
| Q3 24 | 90.1% | 44.5% | ||
| Q2 24 | 90.0% | 43.0% | ||
| Q1 24 | 88.7% | 26.5% |
| Q4 25 | -42.0% | -164.1% | ||
| Q3 25 | -50.1% | -166.1% | ||
| Q2 25 | -50.0% | -122.7% | ||
| Q1 25 | -46.6% | -106.5% | ||
| Q4 24 | -45.9% | -144.1% | ||
| Q3 24 | -53.8% | -48.0% | ||
| Q2 24 | -51.1% | -48.6% | ||
| Q1 24 | -70.5% | -34.4% |
| Q4 25 | -42.2% | -176.6% | ||
| Q3 25 | -51.6% | -155.3% | ||
| Q2 25 | -55.3% | 623.4% | ||
| Q1 25 | -49.1% | -86.5% | ||
| Q4 24 | -53.0% | -225.2% | ||
| Q3 24 | -52.2% | -43.7% | ||
| Q2 24 | -57.2% | -65.2% | ||
| Q1 24 | -72.6% | -73.3% |
| Q4 25 | $-0.19 | $-0.85 | ||
| Q3 25 | $-0.21 | $-0.61 | ||
| Q2 25 | $-0.22 | $3.72 | ||
| Q1 25 | $-0.20 | $-0.77 | ||
| Q4 24 | $-0.19 | $-1.93 | ||
| Q3 24 | $-0.20 | $-0.50 | ||
| Q2 24 | $-0.22 | $-0.68 | ||
| Q1 24 | $-0.25 | $-1.17 |
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 | $81.8M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $-14.6M | $112.9M |
| Total Assets | $115.0M | $211.0M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $33.9M | $81.8M | ||
| Q3 25 | $39.0M | $96.8M | ||
| Q2 25 | $38.0M | $117.6M | ||
| Q1 25 | $42.3M | $35.9M | ||
| Q4 24 | $43.8M | $19.2M | ||
| Q3 24 | $48.7M | $36.6M | ||
| Q2 24 | $45.8M | $45.8M | ||
| Q1 24 | $44.8M | $63.7M |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | $103.7M | ||
| Q4 24 | — | $103.1M | ||
| Q3 24 | — | $4.9M | ||
| Q2 24 | — | $4.9M | ||
| Q1 24 | — | $123.1M |
| Q4 25 | $-14.6M | $112.9M | ||
| Q3 25 | $-11.4M | $133.1M | ||
| Q2 25 | $-7.5M | $149.2M | ||
| Q1 25 | $-4.8M | $3.7M | ||
| Q4 24 | $-1.2M | $-11.7M | ||
| Q3 24 | $2.2M | $30.8M | ||
| Q2 24 | $5.3M | $40.3M | ||
| Q1 24 | $9.5M | $52.5M |
| Q4 25 | $115.0M | $211.0M | ||
| Q3 25 | $107.7M | $224.3M | ||
| Q2 25 | $106.9M | $239.5M | ||
| Q1 25 | $98.3M | $208.8M | ||
| Q4 24 | $106.1M | $193.6M | ||
| Q3 24 | $97.7M | $224.2M | ||
| Q2 24 | $96.4M | $230.8M | ||
| Q1 24 | $101.4M | $252.3M |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | 27.92× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 0.16× | ||
| Q2 24 | — | 0.12× | ||
| Q1 24 | — | 2.35× |
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 | $-4.3M |
| Free Cash FlowOCF − Capex | $3.0M | $-16.2M |
| FCF MarginFCF / Revenue | 15.1% | -102.1% |
| Capex IntensityCapex / Revenue | 0.7% | 75.1% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $5.3M | $-92.6M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $3.2M | $-4.3M | ||
| Q3 25 | $3.2M | $-12.0M | ||
| Q2 25 | $-2.5M | $-35.1M | ||
| Q1 25 | $2.9M | $-8.4M | ||
| Q4 24 | $-2.6M | $-19.2M | ||
| Q3 24 | $1.1M | $14.0M | ||
| Q2 24 | $311.0K | $-4.4M | ||
| Q1 24 | $477.0K | $-8.8M |
| Q4 25 | $3.0M | $-16.2M | ||
| Q3 25 | $2.5M | $-20.4M | ||
| Q2 25 | $-2.8M | $-38.7M | ||
| Q1 25 | $2.7M | $-17.3M | ||
| Q4 24 | $-2.7M | $-24.3M | ||
| Q3 24 | $1.1M | $5.1M | ||
| Q2 24 | $264.0K | $-9.9M | ||
| Q1 24 | $281.0K | $-15.9M |
| Q4 25 | 15.1% | -102.1% | ||
| Q3 25 | 14.2% | -161.3% | ||
| Q2 25 | -17.2% | -201.7% | ||
| Q1 25 | 16.2% | -72.6% | ||
| Q4 24 | -17.3% | -112.2% | ||
| Q3 24 | 7.4% | 17.8% | ||
| Q2 24 | 1.8% | -39.0% | ||
| Q1 24 | 2.2% | -45.7% |
| Q4 25 | 0.7% | 75.1% | ||
| Q3 25 | 4.1% | 66.2% | ||
| Q2 25 | 2.2% | 18.8% | ||
| Q1 25 | 1.1% | 37.3% | ||
| Q4 24 | 0.3% | 23.5% | ||
| Q3 24 | 0.2% | 31.2% | ||
| Q2 24 | 0.3% | 21.8% | ||
| Q1 24 | 1.5% | 20.3% |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | -0.29× | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| 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% |
SPIR
Segment breakdown not available.
