Arteris (AIP) Corporate presentation summary

Business overview and market positioning

• Specializes in network-on-chip (NoC) IP, SoC integration software, and hardware security assurance for semiconductors, addressing the growing complexity of AI workloads and chiplet-based designs.

• Products are silicon-proven, with a diversified customer base including 9 of the top 10 semiconductor companies and over 4 billion chips shipped.

• Over 50% of business in 2025 is driven by AI applications, with 275+ AI SoC design wins and major customers in hyperscale, automotive, and edge markets.

• Strategic partnerships and ecosystem collaborations include major industry players and initiatives like the CHASSIS automotive chiplet platform.

Product innovation and technology leadership

• Introduced FlexGen smart NoC IP, enabling up to 10x productivity, 30% shorter wire length, and 5% lower latency compared to manual NoCs.

• Expanded multi-die solutions to support chiplet architectures, collaborating with leading ecosystem partners for physical integration and interoperability.

• Acquired Cycuity to enhance semiconductor cybersecurity assurance, integrating scalable security verification across chiplets and SoCs.

• Product portfolio includes non-coherent and cache-coherent NoC IP, SoC integration automation, last-level cache IP, and hardware security tools.

Financial performance and growth strategy

• FY 2025 revenue reached $70.6M, up 22% year-over-year, with ACV plus royalties at $83.6M, up 28%.

• Free cash flow positive for 2025 at $5.3M, a $6.3M improvement year-over-year.

• Non-GAAP operating expense for 2025 was $77.2M, up 14%, reflecting increased R&D and field engineering investments.

• Royalty revenue is increasingly diversified, with automotive as the primary driver and growing contributions from consumer and enterprise sectors.

• Guidance for FY 2026 projects revenue of $91M at the midpoint (+29% YoY) and ACV plus royalties of $102M (+22% YoY).