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

Arteris, Inc. is the larger business by last-quarter revenue ($20.1M vs $18.6M, roughly 1.1× Zeo Energy Corp.). Zeo Energy Corp. runs the higher net margin — -10.8% vs -42.2%, a 31.4% gap on every dollar of revenue. On growth, Arteris, Inc. posted the faster year-over-year revenue change (30.0% vs -0.4%). Arteris, Inc. produced more free cash flow last quarter ($3.0M vs $2.3M). Over the past eight quarters, Arteris, Inc.'s revenue compounded faster (24.7% CAGR vs -4.0%).

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...

AIP vs ZEO — Head-to-Head

Bigger by revenue
AIP
AIP
1.1× larger
AIP
$20.1M
$18.6M
ZEO
Growing faster (revenue YoY)
AIP
AIP
+30.4% gap
AIP
30.0%
-0.4%
ZEO
Higher net margin
ZEO
ZEO
31.4% more per $
ZEO
-10.8%
-42.2%
AIP
More free cash flow
AIP
AIP
$770.2K more FCF
AIP
$3.0M
$2.3M
ZEO
Faster 2-yr revenue CAGR
AIP
AIP
Annualised
AIP
24.7%
-4.0%
ZEO

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
AIP
AIP
ZEO
ZEO
Revenue
$20.1M
$18.6M
Net Profit
$-8.5M
$-2.0M
Gross Margin
90.8%
Operating Margin
-42.0%
-11.8%
Net Margin
-42.2%
-10.8%
Revenue YoY
30.0%
-0.4%
Net Profit YoY
-3.7%
-360.9%
EPS (diluted)
$-0.19

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
ZEO
ZEO
Q4 25
$20.1M
$18.6M
Q3 25
$17.4M
$23.9M
Q2 25
$16.5M
$18.1M
Q1 25
$16.5M
$8.8M
Q4 24
$15.5M
$18.6M
Q3 24
$14.7M
$19.7M
Q2 24
$14.6M
$14.8M
Q1 24
$12.9M
$20.1M
Net Profit
AIP
AIP
ZEO
ZEO
Q4 25
$-8.5M
$-2.0M
Q3 25
$-9.0M
$-3.2M
Q2 25
$-9.1M
$-2.4M
Q1 25
$-8.1M
$-6.4M
Q4 24
$-8.2M
$-435.3K
Q3 24
$-7.7M
$-424.3K
Q2 24
$-8.3M
$-277.8K
Q1 24
$-9.4M
$-1.5M
Gross Margin
AIP
AIP
ZEO
ZEO
Q4 25
90.8%
Q3 25
89.9%
57.9%
Q2 25
89.4%
59.8%
Q1 25
90.8%
99.3%
Q4 24
89.8%
Q3 24
90.1%
50.2%
Q2 24
90.0%
52.3%
Q1 24
88.7%
Operating Margin
AIP
AIP
ZEO
ZEO
Q4 25
-42.0%
-11.8%
Q3 25
-50.1%
-8.3%
Q2 25
-50.0%
-15.8%
Q1 25
-46.6%
-153.8%
Q4 24
-45.9%
-6.0%
Q3 24
-53.8%
-15.2%
Q2 24
-51.1%
-18.0%
Q1 24
-70.5%
-20.1%
Net Margin
AIP
AIP
ZEO
ZEO
Q4 25
-42.2%
-10.8%
Q3 25
-51.6%
-13.5%
Q2 25
-55.3%
-13.3%
Q1 25
-49.1%
-72.4%
Q4 24
-53.0%
-2.3%
Q3 24
-52.2%
-2.2%
Q2 24
-57.2%
-1.9%
Q1 24
-72.6%
-7.6%
EPS (diluted)
AIP
AIP
ZEO
ZEO
Q4 25
$-0.19
Q3 25
$-0.21
Q2 25
$-0.22
Q1 25
$-0.20
$-0.48
Q4 24
$-0.19
$1.11
Q3 24
$-0.20
$-0.08
Q2 24
$-0.22
$0.03
Q1 24
$-0.25
$-1.54

Balance Sheet & Financial Strength

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

Metric
AIP
AIP
ZEO
ZEO
Cash + ST InvestmentsLiquidity on hand
$33.9M
$6.1M
Total DebtLower is stronger
$79.1K
Stockholders' EquityBook value
$-14.6M
$5.3M
Total Assets
$115.0M
$56.9M
Debt / EquityLower = less leverage
0.01×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AIP
AIP
ZEO
ZEO
Q4 25
$33.9M
$6.1M
Q3 25
$39.0M
$3.9M
Q2 25
$38.0M
$68.7K
Q1 25
$42.3M
$2.9M
Q4 24
$43.8M
$5.6M
Q3 24
$48.7M
$4.3M
Q2 24
$45.8M
$5.3M
Q1 24
$44.8M
Total Debt
AIP
AIP
ZEO
ZEO
Q4 25
$79.1K
Q3 25
$84.6K
Q2 25
$642.8K
Q1 25
$715.4K
Q4 24
$787.7K
Q3 24
$858.6K
Q2 24
$1.6M
Q1 24
$748.8K
Stockholders' Equity
AIP
AIP
ZEO
ZEO
Q4 25
$-14.6M
$5.3M
Q3 25
$-11.4M
$-1.7M
Q2 25
$-7.5M
$-59.4M
Q1 25
$-4.8M
$-23.1M
Q4 24
$-1.2M
$-88.9M
Q3 24
$2.2M
$-39.3M
Q2 24
$5.3M
$-53.0M
Q1 24
$9.5M
$-173.0M
Total Assets
AIP
AIP
ZEO
ZEO
Q4 25
$115.0M
$56.9M
Q3 25
$107.7M
$58.5M
Q2 25
$106.9M
$46.2M
Q1 25
$98.3M
$47.4M
Q4 24
$106.1M
$61.0M
Q3 24
$97.7M
$47.1M
Q2 24
$96.4M
$49.1M
Q1 24
$101.4M
$50.1M
Debt / Equity
AIP
AIP
ZEO
ZEO
Q4 25
0.01×
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24

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
ZEO
ZEO
Operating Cash FlowLast quarter
$3.2M
$2.4M
Free Cash FlowOCF − Capex
$3.0M
$2.3M
FCF MarginFCF / Revenue
15.1%
12.2%
Capex IntensityCapex / Revenue
0.7%
0.9%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$5.3M
$-9.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AIP
AIP
ZEO
ZEO
Q4 25
$3.2M
$2.4M
Q3 25
$3.2M
$-6.6M
Q2 25
$-2.5M
$-2.3M
Q1 25
$2.9M
$-2.3M
Q4 24
$-2.6M
$3.5M
Q3 24
$1.1M
$162.2K
Q2 24
$311.0K
$-2.2M
Q1 24
$477.0K
$-10.2M
Free Cash Flow
AIP
AIP
ZEO
ZEO
Q4 25
$3.0M
$2.3M
Q3 25
$2.5M
$-6.8M
Q2 25
$-2.8M
$-2.7M
Q1 25
$2.7M
$-2.6M
Q4 24
$-2.7M
$3.4M
Q3 24
$1.1M
$116.5K
Q2 24
$264.0K
$-2.3M
Q1 24
$281.0K
$-10.4M
FCF Margin
AIP
AIP
ZEO
ZEO
Q4 25
15.1%
12.2%
Q3 25
14.2%
-28.6%
Q2 25
-17.2%
-15.0%
Q1 25
16.2%
-30.0%
Q4 24
-17.3%
18.2%
Q3 24
7.4%
0.6%
Q2 24
1.8%
-15.6%
Q1 24
2.2%
-51.5%
Capex Intensity
AIP
AIP
ZEO
ZEO
Q4 25
0.7%
0.9%
Q3 25
4.1%
1.0%
Q2 25
2.2%
2.4%
Q1 25
1.1%
4.2%
Q4 24
0.3%
0.5%
Q3 24
0.2%
0.2%
Q2 24
0.3%
0.7%
Q1 24
1.5%
1.1%

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%

ZEO
ZEO

Nonrelated Party$18.1M98%
Related Party$432.1K2%

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