Arteris Q1 revenue beats analyst estimates

Arteris

12/05/2026 21:19

Overview

Semiconductor IP provider's Q1 revenue rose 39% yr/yr, beating analyst expectations

Adjusted net loss and adjusted operating loss for Q1 both beat analyst expectations

Company cites AI chip demand and new customer wins as key drivers of growth

Outlook

Arteris sees Q2 revenue between $23 mln and $24 mln

Company expects full-year 2026 revenue of $91 mln to $95 mln

Arteris forecasts full-year 2026 non-GAAP operating loss of $4.5 mln to $8.5 mln

Result Drivers

CUSTOMER WINS - Q1 deal activity driven by new and expanded engagements with global hyperscaler, memory supplier, and space infrastructure company

AI AND CHIPLET DEMAND - Increased customer engagement in AI-enabled chips and chiplet architectures across data centers, edge devices, and physical AI systems

SECTOR DIVERSIFICATION - Growth in enterprise computing, automotive, communications, consumer electronics, and aerospace and defense sectors

Company press release: ID:nGNX5P8LK0

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
Beat
$22.9 mln
$21.03 mln (4 Analysts)
Q1 Net Income
-$8 mln
Q1 Operating Income
-$9.3 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the software peer group is "buy"

Wall Street's median 12-month price target for Arteris Inc is $21.00, about 36.6% below its May 11 closing price of $33.13

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)