vs
Arteris, Inc.（AIP）与Arista Networks（ANET）财务数据对比。点击上方公司名可切换其他公司
Arista Networks的季度营收约是Arteris, Inc.的123.5倍（$2.5B vs $20.1M）。Arista Networks净利率更高（38.4% vs -42.2%，领先80.7%）。Arteris, Inc.同比增速更快（30.0% vs 28.9%）。过去两年Arista Networks的营收复合增速更高（25.8% vs 24.7%）
Arteris公司是一家跨国科技企业，总部位于美国加利福尼亚州坎贝尔，主营片上网络（NoC）知识产权以及系统芯片（SoC）集成自动化软件的研发，产品用于各类半导体芯片与芯粒设计，客户覆盖汽车电子、人工智能、机器学习、企业计算、通信、消费电子、工业以及航空航天国防等多个领域。
Arista Networks是总部位于美国加利福尼亚州圣克拉拉的计算机网络企业，专注于设计销售多层网络交换机，为大型数据中心、云计算、高性能计算、高频交易等场景提供软件定义网络（SDN）解决方案，旗下拥有10G至800G系列低延迟直通以太网交换机，搭载自研基于Linux的可扩展操作系统EOS。
AIP vs ANET — 直观对比
营收规模更大
ANET
是对方的123.5倍
$20.1M
营收增速更快
AIP
高出1.1%
28.9%
净利率更高
ANET
高出80.7%
-42.2%
两年增速更快
ANET
近两年复合增速
24.7%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $20.1M | $2.5B |
| 净利润 | $-8.5M | $955.8M |
| 毛利率 | 90.8% | 62.9% |
| 营业利润率 | -42.0% | 41.5% |
| 净利率 | -42.2% | 38.4% |
| 营收同比 | 30.0% | 28.9% |
| 净利润同比 | -3.7% | 19.3% |
| 每股收益（稀释后） | $-0.19 | $0.74 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收AIPANET
| Q4 25 | $20.1M | $2.5B | ||
| Q3 25 | $17.4M | $2.3B | ||
| Q2 25 | $16.5M | $2.2B | ||
| Q1 25 | $16.5M | $2.0B | ||
| Q4 24 | $15.5M | $1.9B | ||
| Q3 24 | $14.7M | $1.8B | ||
| Q2 24 | $14.6M | $1.7B | ||
| Q1 24 | $12.9M | $1.6B |
净利润AIPANET
| Q4 25 | $-8.5M | $955.8M | ||
| Q3 25 | $-9.0M | $853.0M | ||
| Q2 25 | $-9.1M | $888.8M | ||
| Q1 25 | $-8.1M | $813.8M | ||
| Q4 24 | $-8.2M | $801.0M | ||
| Q3 24 | $-7.7M | $747.9M | ||
| Q2 24 | $-8.3M | $665.4M | ||
| Q1 24 | $-9.4M | $637.7M |
毛利率AIPANET
| Q4 25 | 90.8% | 62.9% | ||
| Q3 25 | 89.9% | 64.6% | ||
| Q2 25 | 89.4% | 65.2% | ||
| Q1 25 | 90.8% | 63.7% | ||
| Q4 24 | 89.8% | 63.8% | ||
| Q3 24 | 90.1% | 64.2% | ||
| Q2 24 | 90.0% | 64.9% | ||
| Q1 24 | 88.7% | 63.7% |
营业利润率AIPANET
| Q4 25 | -42.0% | 41.5% | ||
| Q3 25 | -50.1% | 42.4% | ||
| Q2 25 | -50.0% | 44.7% | ||
| Q1 25 | -46.6% | 42.8% | ||
| Q4 24 | -45.9% | 41.4% | ||
| Q3 24 | -53.8% | 43.4% | ||
| Q2 24 | -51.1% | 41.4% | ||
| Q1 24 | -70.5% | 42.0% |
净利率AIPANET
| Q4 25 | -42.2% | 38.4% | ||
| Q3 25 | -51.6% | 37.0% | ||
| Q2 25 | -55.3% | 40.3% | ||
| Q1 25 | -49.1% | 40.6% | ||
| Q4 24 | -53.0% | 41.5% | ||
| Q3 24 | -52.2% | 41.3% | ||
| Q2 24 | -57.2% | 39.4% | ||
| Q1 24 | -72.6% | 40.6% |
每股收益（稀释后）AIPANET
| Q4 25 | $-0.19 | $0.74 | ||
| Q3 25 | $-0.21 | $0.67 | ||
| Q2 25 | $-0.22 | $0.70 | ||
| Q1 25 | $-0.20 | $0.64 | ||
| Q4 24 | $-0.19 | $-4.17 | ||
| Q3 24 | $-0.20 | $2.33 | ||
| Q2 24 | $-0.22 | $2.08 | ||
| Q1 24 | $-0.25 | $1.99 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $33.9M | $2.0B |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $-14.6M | $12.4B |
| 总资产 | $115.0M | $19.4B |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资AIPANET
| Q4 25 | $33.9M | $2.0B | ||
| Q3 25 | $39.0M | $2.3B | ||
| Q2 25 | $38.0M | $2.2B | ||
| Q1 25 | $42.3M | $1.8B | ||
| Q4 24 | $43.8M | $2.8B | ||
| Q3 24 | $48.7M | $3.2B | ||
| Q2 24 | $45.8M | $2.4B | ||
| Q1 24 | $44.8M | $2.1B |
股东权益AIPANET
| Q4 25 | $-14.6M | $12.4B | ||
| Q3 25 | $-11.4M | $11.9B | ||
| Q2 25 | $-7.5M | $10.9B | ||
| Q1 25 | $-4.8M | $10.1B | ||
| Q4 24 | $-1.2M | $10.0B | ||
| Q3 24 | $2.2M | $9.2B | ||
| Q2 24 | $5.3M | $8.4B | ||
| Q1 24 | $9.5M | $7.9B |
总资产AIPANET
| Q4 25 | $115.0M | $19.4B | ||
| Q3 25 | $107.7M | $18.0B | ||
| Q2 25 | $106.9M | $16.5B | ||
| Q1 25 | $98.3M | $14.5B | ||
| Q4 24 | $106.1M | $14.0B | ||
| Q3 24 | $97.7M | $12.8B | ||
| Q2 24 | $96.4M | $11.6B | ||
| Q1 24 | $101.4M | $10.6B |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $3.2M | $1.3B |
| 自由现金流经营现金流 - 资本支出 | $3.0M | — |
| 自由现金流率自由现金流/营收 | 15.1% | — |
| 资本支出强度资本支出/营收 | 0.7% | — |
| 现金转化率经营现金流/净利润 | — | 1.32× |
| 过去12个月自由现金流最近4个季度 | $5.3M | — |
8季度趋势，按日历期对齐
经营现金流AIPANET
| Q4 25 | $3.2M | $1.3B | ||
| Q3 25 | $3.2M | $1.3B | ||
| Q2 25 | $-2.5M | $1.2B | ||
| Q1 25 | $2.9M | $641.7M | ||
| Q4 24 | $-2.6M | $1.0B | ||
| Q3 24 | $1.1M | $1.2B | ||
| Q2 24 | $311.0K | $989.0M | ||
| Q1 24 | $477.0K | $513.8M |
自由现金流AIPANET
| Q4 25 | $3.0M | — | ||
| Q3 25 | $2.5M | $1.2B | ||
| Q2 25 | $-2.8M | $1.2B | ||
| Q1 25 | $2.7M | $613.3M | ||
| Q4 24 | $-2.7M | — | ||
| Q3 24 | $1.1M | $1.2B | ||
| Q2 24 | $264.0K | $985.9M | ||
| Q1 24 | $281.0K | $504.4M |
自由现金流率AIPANET
| Q4 25 | 15.1% | — | ||
| Q3 25 | 14.2% | 53.6% | ||
| Q2 25 | -17.2% | 53.3% | ||
| Q1 25 | 16.2% | 30.6% | ||
| Q4 24 | -17.3% | — | ||
| Q3 24 | 7.4% | 64.5% | ||
| Q2 24 | 1.8% | 58.3% | ||
| Q1 24 | 2.2% | 32.1% |
资本支出强度AIPANET
| Q4 25 | 0.7% | — | ||
| Q3 25 | 4.1% | 1.3% | ||
| Q2 25 | 2.2% | 1.1% | ||
| Q1 25 | 1.1% | 1.4% | ||
| Q4 24 | 0.3% | — | ||
| Q3 24 | 0.2% | 0.4% | ||
| Q2 24 | 0.3% | 0.2% | ||
| Q1 24 | 1.5% | 0.6% |
现金转化率AIPANET
| Q4 25 | — | 1.32× | ||
| Q3 25 | — | 1.49× | ||
| Q2 25 | — | 1.35× | ||
| Q1 25 | — | 0.79× | ||
| Q4 24 | — | 1.29× | ||
| Q3 24 | — | 1.57× | ||
| Q2 24 | — | 1.49× | ||
| Q1 24 | — | 0.81× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
AIP
| License And Maintenance | $17.5M | 87% |
| Variable Royalties And Other | $2.6M | 13% |
ANET
| Products | $2.1B | 84% |
| Services | $392.1M | 16% |
