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Arteris, Inc.（AIP）与Assertio Holdings, Inc.（ASRT）财务数据对比。点击上方公司名可切换其他公司
Arteris, Inc.的季度营收约是Assertio Holdings, Inc.的1.5倍（$20.1M vs $13.5M），Arteris, Inc.同比增速更快（30.0% vs -57.9%），过去两年Arteris, Inc.的营收复合增速更高（24.7% vs -35.4%）
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。
Assertio Therapeutics是一家美国专业制药企业，主要聚焦神经病学、疼痛以及中枢神经系统疾病领域的产品销售与推广。公司前身Depomed成立于1995年，总部位于加利福尼亚州纽瓦克，拥有多款获美国FDA批准的产品，目前在纳斯达克上市。
AIP vs ASRT — 直观对比
营收规模更大
AIP
是对方的1.5倍
$13.5M
营收增速更快
AIP
高出87.9%
-57.9%
两年增速更快
AIP
近两年复合增速
-35.4%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $20.1M | $13.5M |
| 净利润 | $-8.5M | — |
| 毛利率 | 90.8% | — |
| 营业利润率 | -42.0% | -86.7% |
| 净利率 | -42.2% | — |
| 营收同比 | 30.0% | -57.9% |
| 净利润同比 | -3.7% | — |
| 每股收益（稀释后） | $-0.19 | $-4.54 |
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AIPASRT
| Q4 25 | $20.1M | $13.5M | ||
| Q3 25 | $17.4M | $49.5M | ||
| Q2 25 | $16.5M | $29.2M | ||
| Q1 25 | $16.5M | $26.5M | ||
| Q4 24 | $15.5M | $32.2M | ||
| Q3 24 | $14.7M | $29.2M | ||
| Q2 24 | $14.6M | $31.1M | ||
| Q1 24 | $12.9M | $32.4M |
净利润AIPASRT
| Q4 25 | $-8.5M | — | ||
| Q3 25 | $-9.0M | $11.4M | ||
| Q2 25 | $-9.1M | $-16.4M | ||
| Q1 25 | $-8.1M | $-13.5M | ||
| Q4 24 | $-8.2M | — | ||
| Q3 24 | $-7.7M | $-2.9M | ||
| Q2 24 | $-8.3M | $-3.7M | ||
| Q1 24 | $-9.4M | $-4.5M |
毛利率AIPASRT
| Q4 25 | 90.8% | — | ||
| Q3 25 | 89.9% | — | ||
| Q2 25 | 89.4% | — | ||
| Q1 25 | 90.8% | — | ||
| Q4 24 | 89.8% | — | ||
| Q3 24 | 90.1% | — | ||
| Q2 24 | 90.0% | — | ||
| Q1 24 | 88.7% | — |
营业利润率AIPASRT
| Q4 25 | -42.0% | -86.7% | ||
| Q3 25 | -50.1% | 23.2% | ||
| Q2 25 | -50.0% | -27.5% | ||
| Q1 25 | -46.6% | -50.0% | ||
| Q4 24 | -45.9% | -41.9% | ||
| Q3 24 | -53.8% | -10.4% | ||
| Q2 24 | -51.1% | -11.6% | ||
| Q1 24 | -70.5% | -13.4% |
净利率AIPASRT
| Q4 25 | -42.2% | — | ||
| Q3 25 | -51.6% | 23.1% | ||
| Q2 25 | -55.3% | -56.0% | ||
| Q1 25 | -49.1% | -51.1% | ||
| Q4 24 | -53.0% | — | ||
| Q3 24 | -52.2% | -10.0% | ||
| Q2 24 | -57.2% | -11.8% | ||
| Q1 24 | -72.6% | -13.9% |
每股收益（稀释后）AIPASRT
| Q4 25 | $-0.19 | $-4.54 | ||
| Q3 25 | $-0.21 | $0.11 | ||
| Q2 25 | $-0.22 | $-0.17 | ||
| Q1 25 | $-0.20 | $-0.14 | ||
| Q4 24 | $-0.19 | $-3.28 | ||
| Q3 24 | $-0.20 | $-0.03 | ||
| Q2 24 | $-0.22 | $-0.04 | ||
| Q1 24 | $-0.25 | $-0.05 |
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 | $63.4M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $-14.6M | $94.0M |
| 总资产 | $115.0M | $267.0M |
| 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AIPASRT
| Q4 25 | $33.9M | $63.4M | ||
| Q3 25 | $39.0M | $93.4M | ||
| Q2 25 | $38.0M | $98.2M | ||
| Q1 25 | $42.3M | $87.3M | ||
| Q4 24 | $43.8M | $100.1M | ||
| Q3 24 | $48.7M | $88.6M | ||
| Q2 24 | $45.8M | $88.4M | ||
| Q1 24 | $44.8M | $80.7M |
总债务AIPASRT
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | $38.6M |
股东权益AIPASRT
| Q4 25 | $-14.6M | $94.0M | ||
| Q3 25 | $-11.4M | $105.8M | ||
| Q2 25 | $-7.5M | $93.3M | ||
| Q1 25 | $-4.8M | $108.5M | ||
| Q4 24 | $-1.2M | $121.1M | ||
| Q3 24 | $2.2M | $130.5M | ||
| Q2 24 | $5.3M | $132.2M | ||
| Q1 24 | $9.5M | $134.5M |
总资产AIPASRT
| Q4 25 | $115.0M | $267.0M | ||
| Q3 25 | $107.7M | $319.8M | ||
| Q2 25 | $106.9M | $273.8M | ||
| Q1 25 | $98.3M | $286.4M | ||
| Q4 24 | $106.1M | $284.7M | ||
| Q3 24 | $97.7M | $276.0M | ||
| Q2 24 | $96.4M | $279.4M | ||
| Q1 24 | $101.4M | $282.0M |
负债/权益比AIPASRT
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | 0.29× |
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 | $-30.0M |
| 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 | — | — |
| 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AIPASRT
| Q4 25 | $3.2M | $-30.0M | ||
| Q3 25 | $3.2M | $-4.8M | ||
| Q2 25 | $-2.5M | $19.1M | ||
| Q1 25 | $2.9M | $-12.5M | ||
| Q4 24 | $-2.6M | $11.5M | ||
| Q3 24 | $1.1M | $-35.0K | ||
| Q2 24 | $311.0K | $7.4M | ||
| Q1 24 | $477.0K | $7.5M |
自由现金流AIPASRT
| Q4 25 | $3.0M | — | ||
| Q3 25 | $2.5M | — | ||
| Q2 25 | $-2.8M | — | ||
| Q1 25 | $2.7M | — | ||
| Q4 24 | $-2.7M | — | ||
| Q3 24 | $1.1M | — | ||
| Q2 24 | $264.0K | — | ||
| Q1 24 | $281.0K | — |
自由现金流率AIPASRT
| Q4 25 | 15.1% | — | ||
| Q3 25 | 14.2% | — | ||
| Q2 25 | -17.2% | — | ||
| Q1 25 | 16.2% | — | ||
| Q4 24 | -17.3% | — | ||
| Q3 24 | 7.4% | — | ||
| Q2 24 | 1.8% | — | ||
| Q1 24 | 2.2% | — |
资本支出强度AIPASRT
| Q4 25 | 0.7% | — | ||
| Q3 25 | 4.1% | — | ||
| Q2 25 | 2.2% | — | ||
| Q1 25 | 1.1% | — | ||
| Q4 24 | 0.3% | — | ||
| Q3 24 | 0.2% | 0.0% | ||
| Q2 24 | 0.3% | — | ||
| Q1 24 | 1.5% | — |
现金转化率AIPASRT
| Q4 25 | — | — | ||
| Q3 25 | — | -0.42× | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| 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% |
ASRT
| Products | $12.8M | 95% |
| Other | $719.0K | 5% |
