Arteris Q2 revenue rises 46%, beats estimates on strong AI, data-center demand

Arteris

06/08/2026 21:24

Overview
US semiconductor IP provider's Q2 revenue rose 46% yr/yr, beating analyst expectations
Adjusted net loss and adjusted operating income for Q2 both missed analyst estimates
Company saw 21% yr/yr increase in customer design starts, driven by AI and data center demand

Outlook
Arteris sees Q3 revenue between $24.0 mln and $25.0 mln
Company expects FY 2026 revenue between $95.0 mln and $98.0 mln
Arteris projects FY 2026 non-GAAP operating loss of $7.0 mln to $10.0 mln

Result Drivers
AI AND DATA CENTER DEMAND - Co said strong customer design activity, especially in AI compute and data center chip development, drove record revenue and contract value
BROAD CUSTOMER ENGAGEMENT - Record deal activity reflected engagement across enterprise computing, automotive, aerospace and defense, communications, consumer electronics, and industrial markets
INCREASED DESIGN STARTS - Confirmed design starts rose 21% yr/yr, indicating healthy customer activity

Company press release: ID:nGNX5Lzk2M

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Beat
$24.10 mln
$23.48 mln (6 Analysts)
Q2 Adjusted Net Loss
Miss
$4.70 mln
$1.93 mln (5 Analysts)
Q2 Net Loss
 
$14.10 mln
 
Q2 Adjusted Operating Income
Miss
-$4.60 mln
-$2.29 mln (6 Analysts)
Q2 Operating Income
 
-$13.90 mln
 

Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "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 $39.00, about 26.1% above its August 5 closing price of $30.93

Reuters Recommended Reads
Aug 4 - Atomera Q2 revenue rises as customer engagements advance
Aug 4 - Lattice Semiconductor Q2 profit beats estimates on AI-related server demand
Aug 4 - AI data-centre race builds $1 trillion lease burden for Big Tech

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.)