Press release
Arteris Announces Financial Results for the First Quarter and Estimated Second Quarter and Updated Full Year 2025 Guidance
CAMPBELL, Calif., May 13, 2025 (GLOBE NEWSWIRE) -- Arteris, Inc. (Nasdaq: AIP), a leading provider of system IP which accelerates system-on-chip (SoC)
About this update from Arteris, Inc.
[{"type":"text","content":"CAMPBELL, Calif., May 13, 2025 (GLOBE NEWSWIRE) -- Arteris, Inc. (Nasdaq: AIP), a leading provider of system IP which accelerates system-on-chip (SoC) creation, today announced financial results for the first quarter ended March 31, 2025 and provided estimated second quarter and updated full year 2025 guidance. “In the first quarter, we delivered record annual contract value plus royalties of $66.8 million and generated $2.7 million in positive free cash flow, driven by sustained demand for commercial semiconductor System IP products across enterprise computing, communications, and automotive semiconductors,” said K. Charles Janac, President and CEO of Arteris. “Looking beyond the near-term macroeconomic uncertainty, we believe our deepening relationships with leading global innovators and our strong product offering positions us well for long-term growth. We remain encouraged by the strength of our deal pipeline and the increasing interest among major customers to expand their outsourcing to the commercial market for semiconductor System IP products, where Arteris brings deep specialization and proven expertise,” concluded Janac. First Quarter 2025 Financial Highlights: Revenue of $16.5 million, up 28% year-over-yearAnnual Contract Value (ACV) plus royalties of $66.8 million, up 15% year-over-year, growing to the highest level we have ever reportedRemaining performance obligation (RPO) of $88.9 million, up 19% year-over-year, growing to the highest level we have ever reportedOperating loss of $7.7 million, compared to an operating loss of $9.1 million in the first quarter of 2024Non-GAAP operating loss of $3.2 million, compared to a Non-GAAP operating loss of $5.3 million in the first quarter of 2024Net loss of $8.1 million or $0.20 per shareNon-GAAP net loss of $3.6 million or $0.09 per shareNon-GAAP free cash flow of positive $2.7 million or 16% of revenue First Quarter 2025 Business Highlights: Strong first quarter of 2025, reaching another record high ACV plus royalties of $66.8 million, and generating non-GAAP positive free cash flow of $2.7 million. Deal activity was driven by steady customer adoption in our key vertical markets: enterprise computing, communications, and automotive, with uptake fueled by growing adoption of chiplets and AI compute;Large customers are expanding their deployments of Arteris products, includ...