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Arteris, Inc.（AIP）与树莓派（ARM）财务数据对比。点击上方公司名可切换其他公司
树莓派的季度营收约是Arteris, Inc.的61.7倍（$1.2B vs $20.1M）。树莓派净利率更高（18.0% vs -42.2%，领先60.2%）。Arteris, Inc.同比增速更快（30.0% vs 26.3%）。树莓派自由现金流更多（$186.0M vs $3.0M）。过去两年Arteris, Inc.的营收复合增速更高（24.7% vs 24.1%）
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。
树莓派是英国科技企业，设计并销售同名品牌的单板计算机、半导体及相关配件。初代产品由树莓派基金会研发，旨在推广计算机科学教育，推出后迅速受到爱好者和专业人士欢迎，目前已广泛应用于工业及嵌入式领域。
AIP vs ARM — 直观对比
营收规模更大
ARM
是对方的61.7倍
$20.1M
营收增速更快
AIP
高出3.7%
26.3%
净利率更高
ARM
高出60.2%
-42.2%
自由现金流更多
ARM
多$183.0M
$3.0M
两年增速更快
AIP
近两年复合增速
24.1%
损益表 — Q4 2025 vs Q3 2026
| 指标 | | |
|---|---|---|
| 营收 | $20.1M | $1.2B |
| 净利润 | $-8.5M | $223.0M |
| 毛利率 | 90.8% | 97.6% |
| 营业利润率 | -42.0% | 14.9% |
| 净利率 | -42.2% | 18.0% |
| 营收同比 | 30.0% | 26.3% |
| 净利润同比 | -3.7% | -11.5% |
| 每股收益（稀释后） | $-0.19 | $0.21 |
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AIPARM
| Q4 25 | $20.1M | $1.2B | ||
| Q3 25 | $17.4M | $1.1B | ||
| Q2 25 | $16.5M | $1.1B | ||
| Q1 25 | $16.5M | — | ||
| Q4 24 | $15.5M | $983.0M | ||
| Q3 24 | $14.7M | $844.0M | ||
| Q2 24 | $14.6M | $939.0M | ||
| Q1 24 | $12.9M | — |
净利润AIPARM
| Q4 25 | $-8.5M | $223.0M | ||
| Q3 25 | $-9.0M | $238.0M | ||
| Q2 25 | $-9.1M | $130.0M | ||
| Q1 25 | $-8.1M | — | ||
| Q4 24 | $-8.2M | $252.0M | ||
| Q3 24 | $-7.7M | $107.0M | ||
| Q2 24 | $-8.3M | $223.0M | ||
| Q1 24 | $-9.4M | — |
毛利率AIPARM
| Q4 25 | 90.8% | 97.6% | ||
| Q3 25 | 89.9% | 97.4% | ||
| Q2 25 | 89.4% | 97.2% | ||
| Q1 25 | 90.8% | — | ||
| Q4 24 | 89.8% | 97.2% | ||
| Q3 24 | 90.1% | 96.2% | ||
| Q2 24 | 90.0% | 96.5% | ||
| Q1 24 | 88.7% | — |
营业利润率AIPARM
| Q4 25 | -42.0% | 14.9% | ||
| Q3 25 | -50.1% | 14.4% | ||
| Q2 25 | -50.0% | 10.8% | ||
| Q1 25 | -46.6% | — | ||
| Q4 24 | -45.9% | 17.8% | ||
| Q3 24 | -53.8% | 7.6% | ||
| Q2 24 | -51.1% | 19.4% | ||
| Q1 24 | -70.5% | — |
净利率AIPARM
| Q4 25 | -42.2% | 18.0% | ||
| Q3 25 | -51.6% | 21.0% | ||
| Q2 25 | -55.3% | 12.3% | ||
| Q1 25 | -49.1% | — | ||
| Q4 24 | -53.0% | 25.6% | ||
| Q3 24 | -52.2% | 12.7% | ||
| Q2 24 | -57.2% | 23.7% | ||
| Q1 24 | -72.6% | — |
每股收益（稀释后）AIPARM
| Q4 25 | $-0.19 | $0.21 | ||
| Q3 25 | $-0.21 | $0.22 | ||
| Q2 25 | $-0.22 | $0.12 | ||
| Q1 25 | $-0.20 | — | ||
| Q4 24 | $-0.19 | $0.24 | ||
| Q3 24 | $-0.20 | $0.10 | ||
| Q2 24 | $-0.22 | $0.21 | ||
| Q1 24 | $-0.25 | — |
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 | $3.5B |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $-14.6M | $7.8B |
| 总资产 | $115.0M | $10.2B |
| 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AIPARM
| Q4 25 | $33.9M | $3.5B | ||
| Q3 25 | $39.0M | $3.3B | ||
| Q2 25 | $38.0M | $2.9B | ||
| Q1 25 | $42.3M | — | ||
| Q4 24 | $43.8M | $2.7B | ||
| Q3 24 | $48.7M | $2.4B | ||
| Q2 24 | $45.8M | $2.5B | ||
| Q1 24 | $44.8M | — |
股东权益AIPARM
| Q4 25 | $-14.6M | $7.8B | ||
| Q3 25 | $-11.4M | $7.4B | ||
| Q2 25 | $-7.5M | $7.0B | ||
| Q1 25 | $-4.8M | — | ||
| Q4 24 | $-1.2M | $6.4B | ||
| Q3 24 | $2.2M | $6.0B | ||
| Q2 24 | $5.3M | $5.7B | ||
| Q1 24 | $9.5M | — |
总资产AIPARM
| Q4 25 | $115.0M | $10.2B | ||
| Q3 25 | $107.7M | $9.7B | ||
| Q2 25 | $106.9M | $9.4B | ||
| Q1 25 | $98.3M | — | ||
| Q4 24 | $106.1M | $8.5B | ||
| Q3 24 | $97.7M | $8.1B | ||
| Q2 24 | $96.4M | $7.9B | ||
| Q1 24 | $101.4M | — |
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 | $365.0M |
| 自由现金流经营现金流 - 资本支出 | $3.0M | $186.0M |
| 自由现金流率自由现金流/营收 | 15.1% | 15.0% |
| 资本支出强度资本支出/营收 | 0.7% | 14.4% |
| 现金转化率经营现金流/净利润 | — | 1.64× |
| 过去12个月自由现金流最近4个季度 | $5.3M | $1.2B |
8季度趋势，按日历期对齐
经营现金流AIPARM
| Q4 25 | $3.2M | $365.0M | ||
| Q3 25 | $3.2M | $567.0M | ||
| Q2 25 | $-2.5M | $332.0M | ||
| Q1 25 | $2.9M | — | ||
| Q4 24 | $-2.6M | $423.0M | ||
| Q3 24 | $1.1M | $6.0M | ||
| Q2 24 | $311.0K | $-290.0M | ||
| Q1 24 | $477.0K | — |
自由现金流AIPARM
| Q4 25 | $3.0M | $186.0M | ||
| Q3 25 | $2.5M | $429.0M | ||
| Q2 25 | $-2.8M | $178.0M | ||
| Q1 25 | $2.7M | — | ||
| Q4 24 | $-2.7M | $360.0M | ||
| Q3 24 | $1.1M | $-47.0M | ||
| Q2 24 | $264.0K | $-319.0M | ||
| Q1 24 | $281.0K | — |
自由现金流率AIPARM
| Q4 25 | 15.1% | 15.0% | ||
| Q3 25 | 14.2% | 37.8% | ||
| Q2 25 | -17.2% | 16.9% | ||
| Q1 25 | 16.2% | — | ||
| Q4 24 | -17.3% | 36.6% | ||
| Q3 24 | 7.4% | -5.6% | ||
| Q2 24 | 1.8% | -34.0% | ||
| Q1 24 | 2.2% | — |
资本支出强度AIPARM
| Q4 25 | 0.7% | 14.4% | ||
| Q3 25 | 4.1% | 12.2% | ||
| Q2 25 | 2.2% | 14.6% | ||
| Q1 25 | 1.1% | — | ||
| Q4 24 | 0.3% | 6.4% | ||
| Q3 24 | 0.2% | 6.3% | ||
| Q2 24 | 0.3% | 3.1% | ||
| Q1 24 | 1.5% | — |
现金转化率AIPARM
| Q4 25 | — | 1.64× | ||
| Q3 25 | — | 2.38× | ||
| Q2 25 | — | 2.55× | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 1.68× | ||
| Q3 24 | — | 0.06× | ||
| Q2 24 | — | -1.30× | ||
| Q1 24 | — | — |
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% |
ARM
| Royalty | $737.0M | 59% |
| Transferred Over Time | $294.0M | 24% |
| Transferred At Point In Time | $211.0M | 17% |
