vs
Arteris, Inc.（AIP）与KKR Real Estate Finance Trust Inc.（KREF）财务数据对比。点击上方公司名可切换其他公司
KKR Real Estate Finance Trust Inc.的季度营收约是Arteris, Inc.的1.3倍（$25.8M vs $20.1M），Arteris, Inc.净利率更高（-42.2% vs -101.7%，领先59.5%），Arteris, Inc.同比增速更快（30.0% vs -26.6%），过去两年Arteris, Inc.的营收复合增速更高（24.7% vs -18.8%）
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。
KKR房地产金融信托公司是全球投资机构KKR旗下的专业房地产金融平台，主要发起、收购并管理优先担保商业地产贷款组合，抵押物多为美国各地的优质机构级商业地产，通过贷款利息收入为投资者提供稳定的经风险调整后的回报。
AIP vs KREF — 直观对比
营收规模更大
KREF
是对方的1.3倍
$20.1M
营收增速更快
AIP
高出56.6%
-26.6%
净利率更高
AIP
高出59.5%
-101.7%
两年增速更快
AIP
近两年复合增速
-18.8%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $20.1M | $25.8M |
| 净利润 | $-8.5M | $-26.2M |
| 毛利率 | 90.8% | — |
| 营业利润率 | -42.0% | -105.1% |
| 净利率 | -42.2% | -101.7% |
| 营收同比 | 30.0% | -26.6% |
| 净利润同比 | -3.7% | -229.6% |
| 每股收益（稀释后） | $-0.19 | $-0.49 |
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AIPKREF
| Q4 25 | $20.1M | $25.8M | ||
| Q3 25 | $17.4M | $25.3M | ||
| Q2 25 | $16.5M | $30.2M | ||
| Q1 25 | $16.5M | $31.3M | ||
| Q4 24 | $15.5M | $35.1M | ||
| Q3 24 | $14.7M | $37.0M | ||
| Q2 24 | $14.6M | $40.4M | ||
| Q1 24 | $12.9M | $39.1M |
净利润AIPKREF
| Q4 25 | $-8.5M | $-26.2M | ||
| Q3 25 | $-9.0M | $13.8M | ||
| Q2 25 | $-9.1M | $-29.7M | ||
| Q1 25 | $-8.1M | $-4.9M | ||
| Q4 24 | $-8.2M | $20.3M | ||
| Q3 24 | $-7.7M | $-7.4M | ||
| Q2 24 | $-8.3M | $25.8M | ||
| Q1 24 | $-9.4M | $-3.1M |
毛利率AIPKREF
| 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AIPKREF
| Q4 25 | -42.0% | -105.1% | ||
| Q3 25 | -50.1% | 50.4% | ||
| Q2 25 | -50.0% | -101.3% | ||
| Q1 25 | -46.6% | -18.3% | ||
| Q4 24 | -45.9% | 55.8% | ||
| Q3 24 | -53.8% | -19.6% | ||
| Q2 24 | -51.1% | 63.3% | ||
| Q1 24 | -70.5% | -8.7% |
净利率AIPKREF
| Q4 25 | -42.2% | -101.7% | ||
| Q3 25 | -51.6% | 54.4% | ||
| Q2 25 | -55.3% | -98.5% | ||
| Q1 25 | -49.1% | -15.5% | ||
| Q4 24 | -53.0% | 57.7% | ||
| Q3 24 | -52.2% | -20.0% | ||
| Q2 24 | -57.2% | 63.9% | ||
| Q1 24 | -72.6% | -7.9% |
每股收益（稀释后）AIPKREF
| Q4 25 | $-0.19 | $-0.49 | ||
| Q3 25 | $-0.21 | $0.12 | ||
| Q2 25 | $-0.22 | $-0.53 | ||
| Q1 25 | $-0.20 | $-0.15 | ||
| Q4 24 | $-0.19 | $0.22 | ||
| Q3 24 | $-0.20 | $-0.19 | ||
| Q2 24 | $-0.22 | $0.29 | ||
| Q1 24 | $-0.25 | $-0.13 |
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 | $84.6M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $-14.6M | $1.2B |
| 总资产 | $115.0M | $6.5B |
| 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AIPKREF
| Q4 25 | $33.9M | $84.6M | ||
| Q3 25 | $39.0M | $204.1M | ||
| Q2 25 | $38.0M | $107.7M | ||
| Q1 25 | $42.3M | $106.4M | ||
| Q4 24 | $43.8M | $104.9M | ||
| Q3 24 | $48.7M | $108.8M | ||
| Q2 24 | $45.8M | $107.2M | ||
| Q1 24 | $44.8M | $106.5M |
股东权益AIPKREF
| Q4 25 | $-14.6M | $1.2B | ||
| Q3 25 | $-11.4M | $1.2B | ||
| Q2 25 | $-7.5M | $1.2B | ||
| Q1 25 | $-4.8M | $1.3B | ||
| Q4 24 | $-1.2M | $1.3B | ||
| Q3 24 | $2.2M | $1.4B | ||
| Q2 24 | $5.3M | $1.4B | ||
| Q1 24 | $9.5M | $1.4B |
总资产AIPKREF
| Q4 25 | $115.0M | $6.5B | ||
| Q3 25 | $107.7M | $6.5B | ||
| Q2 25 | $106.9M | $6.8B | ||
| Q1 25 | $98.3M | $6.6B | ||
| Q4 24 | $106.1M | $6.4B | ||
| Q3 24 | $97.7M | $6.8B | ||
| Q2 24 | $96.4M | $7.1B | ||
| Q1 24 | $101.4M | $7.3B |
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 | $72.3M |
| 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AIPKREF
| Q4 25 | $3.2M | $72.3M | ||
| Q3 25 | $3.2M | $18.5M | ||
| Q2 25 | $-2.5M | $21.1M | ||
| Q1 25 | $2.9M | $15.9M | ||
| Q4 24 | $-2.6M | $132.6M | ||
| Q3 24 | $1.1M | $49.1M | ||
| Q2 24 | $311.0K | $30.6M | ||
| Q1 24 | $477.0K | $34.5M |
自由现金流AIPKREF
| 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AIPKREF
| 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AIPKREF
| Q4 25 | 0.7% | — | ||
| Q3 25 | 4.1% | — | ||
| Q2 25 | 2.2% | — | ||
| Q1 25 | 1.1% | — | ||
| Q4 24 | 0.3% | — | ||
| Q3 24 | 0.2% | — | ||
| Q2 24 | 0.3% | — | ||
| Q1 24 | 1.5% | — |
现金转化率AIPKREF
| Q4 25 | — | — | ||
| Q3 25 | — | 1.34× | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 6.54× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | 1.19× | ||
| 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% |
KREF
暂无分部数据
