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Arteris, Inc.（AIP）与FiscalNote Holdings, Inc.（NOTE）财务数据对比。点击上方公司名可切换其他公司
FiscalNote Holdings, Inc.的季度营收约是Arteris, Inc.的1.1倍（$22.2M vs $20.1M），Arteris, Inc.同比增速更快（30.0% vs -24.7%），Arteris, Inc.自由现金流更多（$3.0M vs $-1.9M），过去两年Arteris, Inc.的营收复合增速更高（24.7% vs -16.8%）
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。
FiscalNote Holdings, Inc.（常称FiscalNote）是一家上市的软件数据与传媒企业，总部位于美国华盛顿特区，2013年由三位创始人创立。核心业务为通过政府关系管理服务FiscalNote GRM提供软件工具、平台、数据服务与资讯，同时依托人工智能平台分析美国待审议法案相关内容。
AIP vs NOTE — 直观对比
营收规模更大
NOTE
是对方的1.1倍
$20.1M
营收增速更快
AIP
高出54.7%
-24.7%
自由现金流更多
AIP
多$5.0M
$-1.9M
两年增速更快
AIP
近两年复合增速
-16.8%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $20.1M | $22.2M |
| 净利润 | $-8.5M | — |
| 毛利率 | 90.8% | — |
| 营业利润率 | -42.0% | -83.7% |
| 净利率 | -42.2% | — |
| 营收同比 | 30.0% | -24.7% |
| 净利润同比 | -3.7% | — |
| 每股收益（稀释后） | $-0.19 | $-2.81 |
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AIPNOTE
| Q4 25 | $20.1M | $22.2M | ||
| Q3 25 | $17.4M | $22.4M | ||
| Q2 25 | $16.5M | $23.3M | ||
| Q1 25 | $16.5M | $27.5M | ||
| Q4 24 | $15.5M | $29.5M | ||
| Q3 24 | $14.7M | $29.4M | ||
| Q2 24 | $14.6M | $29.2M | ||
| Q1 24 | $12.9M | $32.1M |
净利润AIPNOTE
| Q4 25 | $-8.5M | — | ||
| Q3 25 | $-9.0M | $-24.9M | ||
| Q2 25 | $-9.1M | $-13.3M | ||
| Q1 25 | $-8.1M | $-4.3M | ||
| Q4 24 | $-8.2M | — | ||
| Q3 24 | $-7.7M | $-14.9M | ||
| Q2 24 | $-8.3M | $-12.8M | ||
| Q1 24 | $-9.4M | $50.6M |
毛利率AIPNOTE
| 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AIPNOTE
| Q4 25 | -42.0% | -83.7% | ||
| Q3 25 | -50.1% | -43.4% | ||
| Q2 25 | -50.0% | -31.9% | ||
| Q1 25 | -46.6% | -50.0% | ||
| Q4 24 | -45.9% | -19.4% | ||
| Q3 24 | -53.8% | -23.1% | ||
| Q2 24 | -51.1% | -27.2% | ||
| Q1 24 | -70.5% | -35.6% |
净利率AIPNOTE
| Q4 25 | -42.2% | — | ||
| Q3 25 | -51.6% | -110.8% | ||
| Q2 25 | -55.3% | -57.0% | ||
| Q1 25 | -49.1% | -15.4% | ||
| Q4 24 | -53.0% | — | ||
| Q3 24 | -52.2% | -50.7% | ||
| Q2 24 | -57.2% | -43.6% | ||
| Q1 24 | -72.6% | 157.6% |
每股收益（稀释后）AIPNOTE
| Q4 25 | $-0.19 | $-2.81 | ||
| Q3 25 | $-0.21 | $-1.73 | ||
| Q2 25 | $-0.22 | $-0.08 | ||
| Q1 25 | $-0.20 | $-0.03 | ||
| Q4 24 | $-0.19 | $1.88 | ||
| Q3 24 | $-0.20 | $-1.33 | ||
| Q2 24 | $-0.22 | $-0.09 | ||
| Q1 24 | $-0.25 | $0.37 |
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 | $26.3M |
| 总债务越低越好 | — | $128.4M |
| 股东权益账面价值 | $-14.6M | $62.0M |
| 总资产 | $115.0M | $255.1M |
| 负债/权益比越低杠杆越低 | — | 2.07× |
8季度趋势，按日历期对齐
现金及短期投资AIPNOTE
| Q4 25 | $33.9M | $26.3M | ||
| Q3 25 | $39.0M | $31.2M | ||
| Q2 25 | $38.0M | $38.5M | ||
| Q1 25 | $42.3M | $46.3M | ||
| Q4 24 | $43.8M | $34.6M | ||
| Q3 24 | $48.7M | $32.7M | ||
| Q2 24 | $45.8M | $37.7M | ||
| Q1 24 | $44.8M | $43.6M |
总债务AIPNOTE
| Q4 25 | — | $128.4M | ||
| Q3 25 | — | $131.5M | ||
| Q2 25 | — | $116.7M | ||
| Q1 25 | — | $118.0M | ||
| Q4 24 | — | $147.1M | ||
| Q3 24 | — | $152.2M | ||
| Q2 24 | — | $145.9M | ||
| Q1 24 | — | $153.0M |
股东权益AIPNOTE
| Q4 25 | $-14.6M | $62.0M | ||
| Q3 25 | $-11.4M | $75.5M | ||
| Q2 25 | $-7.5M | $95.1M | ||
| Q1 25 | $-4.8M | $98.7M | ||
| Q4 24 | $-1.2M | $97.8M | ||
| Q3 24 | $2.2M | $98.5M | ||
| Q2 24 | $5.3M | $106.9M | ||
| Q1 24 | $9.5M | $106.1M |
总资产AIPNOTE
| Q4 25 | $115.0M | $255.1M | ||
| Q3 25 | $107.7M | $273.9M | ||
| Q2 25 | $106.9M | $288.3M | ||
| Q1 25 | $98.3M | $299.7M | ||
| Q4 24 | $106.1M | $326.2M | ||
| Q3 24 | $97.7M | $337.9M | ||
| Q2 24 | $96.4M | $346.3M | ||
| Q1 24 | $101.4M | $357.8M |
负债/权益比AIPNOTE
| Q4 25 | — | 2.07× | ||
| Q3 25 | — | 1.74× | ||
| Q2 25 | — | 1.23× | ||
| Q1 25 | — | 1.20× | ||
| Q4 24 | — | 1.50× | ||
| Q3 24 | — | 1.54× | ||
| Q2 24 | — | 1.36× | ||
| Q1 24 | — | 1.44× |
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 | $-279.0K |
| 自由现金流经营现金流 - 资本支出 | $3.0M | $-1.9M |
| 自由现金流率自由现金流/营收 | 15.1% | -8.7% |
| 资本支出强度资本支出/营收 | 0.7% | 7.4% |
| 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 | $-18.6M |
8季度趋势，按日历期对齐
经营现金流AIPNOTE
| Q4 25 | $3.2M | $-279.0K | ||
| Q3 25 | $3.2M | $-8.3M | ||
| Q2 25 | $-2.5M | $-6.2M | ||
| Q1 25 | $2.9M | $3.3M | ||
| Q4 24 | $-2.6M | $-1.3M | ||
| Q3 24 | $1.1M | $-3.0M | ||
| Q2 24 | $311.0K | $-3.7M | ||
| Q1 24 | $477.0K | $2.7M |
自由现金流AIPNOTE
| Q4 25 | $3.0M | $-1.9M | ||
| Q3 25 | $2.5M | $-10.4M | ||
| Q2 25 | $-2.8M | $-7.7M | ||
| Q1 25 | $2.7M | $1.3M | ||
| Q4 24 | $-2.7M | $-3.4M | ||
| Q3 24 | $1.1M | $-5.4M | ||
| Q2 24 | $264.0K | $-6.5M | ||
| Q1 24 | $281.0K | $1.0M |
自由现金流率AIPNOTE
| Q4 25 | 15.1% | -8.7% | ||
| Q3 25 | 14.2% | -46.2% | ||
| Q2 25 | -17.2% | -33.0% | ||
| Q1 25 | 16.2% | 4.7% | ||
| Q4 24 | -17.3% | -11.4% | ||
| Q3 24 | 7.4% | -18.4% | ||
| Q2 24 | 1.8% | -22.1% | ||
| Q1 24 | 2.2% | 3.3% |
资本支出强度AIPNOTE
| Q4 25 | 0.7% | 7.4% | ||
| Q3 25 | 4.1% | 9.3% | ||
| Q2 25 | 2.2% | 6.4% | ||
| Q1 25 | 1.1% | 7.2% | ||
| Q4 24 | 0.3% | 6.8% | ||
| Q3 24 | 0.2% | 8.3% | ||
| Q2 24 | 0.3% | 9.4% | ||
| Q1 24 | 1.5% | 5.3% |
现金转化率AIPNOTE
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | 0.05× |
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% |
NOTE
| Subscription | $21.2M | 95% |
| Advisory Advertising And Other | $1.0M | 5% |
