Arteris joins the ranks of Google, Nvidia, Adidas, Walmart, and more in Fast Company’s annual World’s Most Innovative Companies of 2026 list.CAMPBELL, Calif., March 25, 2026 (GLOBE NEWSWIRE) -- Arteris, Inc. (Nasdaq: AIP), a leading provider of semiconductor technology for accelerating innovation in the AI era, is proud to have been named to Fast Company’s prestigious list of the World’s Most Innovative Companies of 2026. Arteris ranks #4 most innovative company in the North America category as this year’s ...

Financial Data and Key Metrics Changes - Total revenue for Q4 2025 was $20.1 million, up 16% sequentially and 30% year-over-year, exceeding guidance [20] - Full year 2025 total revenue reached $70.6 million, a 22% increase year-over-year [20] - Annual contract value plus royalties was $83.6 million, a 28% year-over-year increase, marking a new record [21] - Remaining performance obligations (RPO) totaled $117 million, representing a 32% year-over-year increase, another record high [21] - Non-GAAP gross profit for Q4 was $18.5 million, with a gross margin of 92% [22] - GAAP operating loss for Q4 was $8.5 million, compared to a loss of $7.1 million in the prior year [25] Business Line Data and Key Metrics Changes - Variable royalties increased by 50% year-over-year, with Q4 setting a new record [20] - FlexGen, an AI-driven smart NoC IP product, saw strong customer adoption, licensed for over 30 production device deployments [11] - Ncore, a cache coherent interconnect IP product, also experienced strength in licensing across various edge and server applications [12] Market Data and Key Metrics Changes - The largest impacts on revenue were seen in enterprise computing, automotive, and consumer electronics markets [7] - The number of large royalty reporters tripled in the last two years, indicating a diversified customer base [20] Company Strategy and Development Direction - The acquisition of Cycuity enhances Arteris' product portfolio, focusing on semiconductor cybersecurity assurance [8] - The company aims to address the growing need for cybersecurity in semiconductor designs, which is becoming a major issue [10] - Arteris is positioned to support semiconductor applications in the AI era across various sectors, including automotive and aerospace [17] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the growth trajectory, expecting to report a non-GAAP operating profit as early as Q4 2026 [28] - The company anticipates continued strong demand for its products driven by the proliferation of AI-driven semiconductor designs [7] Other Important Information - Free cash flow was positive $3 million for Q4 and positive $5.3 million for the full year [26] - The company ended the year with $59.5 million in cash and no financial debt [26] Q&A Session Summary Question: Cross-sell opportunities and customer segments - Management highlighted that hardware security assurance is a major issue, opening significant cross-sell opportunities across the semiconductor industry [30][31] Question: NXP's increased use of Arteris solutions - Management confirmed that deploying multiple solutions increases average selling prices significantly, especially with the addition of Cycuity [35][36] Question: Strength in royalties and market segments - Management noted that the growth in royalties was due to both customer diversification and strength in various market segments, particularly automotive [37][38] Question: Impact of security acquisition on P&L - Management indicated that approximately $7 million of the projected revenue for 2026 would come from Cycuity, with expectations of breakeven by Q4 2026 [45][46]

Financial Data and Key Metrics Changes - Total revenue for Q4 2025 was $20.1 million, up 16% sequentially and 30% year-over-year, exceeding guidance [20] - Full year 2025 total revenue was $70.6 million, a 22% increase year-over-year [20] - Annual contract value plus royalties reached $83.6 million, a 28% year-over-year increase, marking a new record [21] - Remaining performance obligations (RPO) totaled $117 million, representing a 32% year-over-year increase, another record high [21] - Non-GAAP gross profit for Q4 was $18.5 million, with a gross margin of 92% [22] - Non-GAAP operating loss for Q4 was $2.2 million, above the top end of guidance [24] - GAAP net loss for Q4 was $8.5 million, with a diluted net loss per share of $0.19 [25] Business Line Data and Key Metrics Changes - The royalty stream increased by 50% year-over-year, with Q4 setting a new record [20] - FlexGen, an AI-driven smart NoC IP product, saw strong customer adoption, licensed for over 30 production device deployments [11] - Ncore, a cache coherent interconnect IP product, also experienced strength in licensing across various edge and server applications [12] Market Data and Key Metrics Changes - The largest impacts on revenue were seen in enterprise computing, automotive, and consumer electronics markets [7] - The number of large royalty reporters tripled in the last two years, indicating a diversified customer base [20] Company Strategy and Development Direction - The acquisition of Cycuity enhances Arteris' product portfolio, focusing on semiconductor cybersecurity assurance [8] - The company aims to address market concerns about increasing cybersecurity threats in semiconductor designs [9] - Arteris is positioned to support semiconductor applications in the AI era across various sectors, including automotive and aerospace [17] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the growth trajectory, expecting to report a non-GAAP operating profit as early as Q4 2026 [28] - The company anticipates continued strong demand for its products driven by the rise of AI and efficient data movement in semiconductors [7] Other Important Information - Free cash flow was positive at $3 million for Q4 and $5.3 million for the full year [26] - The company ended the year with $59.5 million in cash and no financial debt [26] Q&A Session Summary Question: Cross-sell opportunities and customer segments - Management highlighted that hardware security assurance is a growing issue, opening significant cross-sell opportunities across various semiconductor companies [30][31] Question: NXP's expanded use of Arteris solutions - Management confirmed that NXP is now using four solutions, indicating increased interest in deploying a complete suite of offerings [34][35] Question: Strength in royalties and market segments - Management noted that the growth in royalties is attributed to both customer diversification and the increase in large royalty reporters across various segments, particularly automotive [37][38] Question: Impact of security acquisition on P&L - Management clarified that approximately $7 million of the projected revenue for 2026 is expected from the Cycuity acquisition, with a slight contribution to operating loss anticipated [45][46]

Financial Data and Key Metrics Changes - In Q4 2025, total revenue reached $20.1 million, a 30% year-over-year increase and 16% sequential growth, exceeding guidance [20] - For the full year 2025, total revenue was $70.6 million, representing a 22% increase year-over-year [20] - Annual contract value plus royalties hit a record $83.6 million, up 28% year-over-year [21] - Remaining performance obligations (RPO) totaled $117 million, a 32% year-over-year increase, with approximately half expected to be recognized as revenue in 2026 [21] - Non-GAAP gross profit for Q4 was $18.5 million, with a gross margin of 92% [22] - Non-GAAP operating loss for Q4 was $2.2 million, while the full year loss was $12.5 million, an improvement over the previous year [25] Business Line Data and Key Metrics Changes - The company reported a significant increase in variable royalties, which were 50% higher year-over-year, with Q4 setting a new record [20] - The number of large royalty reporters tripled over the last two years, contributing to a balanced mix of customers across vertical markets [20] - FlexGen, an AI-driven smart NoC IP product, saw strong adoption with over 30 production device deployments [11] - Ncore, a cache coherent interconnect IP product, also experienced strength in licensing across various applications [12] Market Data and Key Metrics Changes - The company noted expanding demand for AI-driven semiconductor designs across various markets, including enterprise computing, automotive, and consumer electronics [6] - The number of chiplet projects incorporating Arteris technology has more than tripled over the past two years, indicating strong market growth [15] - The automotive segment remains the largest vertical market, with emerging strength in consumer and aerospace sectors [39] Company Strategy and Development Direction - The acquisition of Cycuity enhances the company's product portfolio by adding cybersecurity assurance products, addressing market concerns about increasing cyberattacks [8][9] - The company aims to leverage its technology to improve hardware security and vulnerability testing across all SoCs, expanding its customer base [10] - Arteris is focusing on supporting semiconductor applications in the AI era, with a strong position in various sectors including autonomous vehicles and industrial automation [17] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's growth trajectory, expecting to report a non-GAAP operating profit as early as Q4 2026 [28] - The company anticipates continued strong demand for its products driven by the rise of AI and the need for efficient data movement in semiconductors [6] - Management highlighted the importance of addressing cybersecurity in semiconductor designs, which is becoming a critical issue in the industry [30] Other Important Information - The company ended the year with $59.5 million in cash and no financial debt, with positive free cash flow of $3 million for Q4 [26] - The guidance for Q1 2026 includes expected ACV plus royalties of $85 million-$89 million and revenue of $20.5 million-$21.5 million [27] Q&A Session Summary Question: Cross-sell opportunities and customer segments - Management indicated that hardware security assurance is a growing issue, and the acquisition opens significant opportunities to enhance system IP value across various semiconductor companies [30][31] Question: NXP announcement and customer interest - Management confirmed that NXP is now using four solutions, indicating increased interest in deploying a full suite of solutions, which could drive average selling prices above $1 million [36] Question: Strength in royalties and market segments - Management noted that the growth in royalties is attributed to both customer diversification and an increase in large royalty reporters across various segments, including automotive and consumer markets [38][39] Question: Impact of security on P&L - Management clarified that approximately $7 million of the projected revenue for 2026 is expected from the Cycuity acquisition, with a slight contribution to operating loss anticipated [47] Question: Equity raising efforts post-acquisition - Management stated that they are in the process of activating an ATM for equity raising, with expectations for small amounts to be raised in the first quarter [49]

Core Insights - Arteris focuses on data movement within semiconductor designs, utilizing its network-on-chip (NoC) technology to enhance efficiency and scalability in chip connectivity [2][3][4] Company Overview - Arteris is a fabless semiconductor IP company specializing in on-chip interconnect solutions and system IP for advanced integrated circuits, with a strong emphasis on data movement technology [20][21] - The company has made strategic acquisitions, including Magillem in 2020 and Cycuity, to enhance its capabilities in connectivity and hardware security verification [1][8][7] Financial Performance - Arteris reported a remaining performance obligation (RPO) of approximately $105 million, reflecting a 34% year-over-year increase, with annual contract value (ACV) and trailing royalties up 24% and revenue up 18% [5][20] - The company remains free cash flow positive, projecting around $69 million in revenue and approximately $4 million in free cash flow for the upcoming period, despite negative non-GAAP operating income [19][5] Product Development and Roadmap - The company is set to launch FlexGen in February 2025, which automates NoC generation, and plans to deliver a cache-coherent chiplet solution by the end of Q1 2026 [9][10][7] - Arteris aims to release at least two enhancements for existing products annually and one new product each year, focusing on automation and chiplet technology [9] Market Focus and Partnerships - Arteris is expanding into AI, automotive, and RISC-V/ARM ecosystems, with about half of its design starts related to AI applications [6][13] - The company has established partnerships with major players like AMD and Altera, and is involved in the Ultra Accelerator Link Consortium to support emerging standards [14][15] Industry Trends - The increasing complexity of chips, driven by more processors and AI workloads, has heightened the importance of efficient data movement, positioning Arteris favorably in the market [13][3]

Arteris (NasdaqGM:AIP) FY Conference Summary Company Overview - **Industry**: Semiconductor IP - **Company**: Arteris IP - **Focus**: Data movement within semiconductor chips, utilizing network-on-chip (NoC) technology to enhance data processing, storage, and transfer capabilities [3][4] Core Business and Technology - **Products**: - Ncore: Cache-coherent product for processor subsystems - Non-coherent NoC IP: For data transport across chips - FlexGen: Automates NOC IP generation, improving design speed by 10x and reducing design length by up to 30% [9] - **Acquisitions**: - Magillem (2020): Enhances SoC connectivity and hardware-software integration - Cycuity (2023): Focuses on hardware security verification [14][15] Market Dynamics - **Increasing Complexity**: Driven by AI applications, chiplets, and the need for robust data movement solutions [5][6] - **AI Focus**: Approximately 50% of design starts are for AI applications, including automotive and data center solutions [10][11] - **Customer Base**: Over 230 active customers, including major global companies and startups [7][8] Financial Performance - **Third Quarter Highlights**: - Revenue growth of 18%, with a significant increase in remaining performance obligations (RPO) by 34% year-over-year, reaching approximately $105 million [19][20] - Positive free cash flow despite negative profitability due to deferred revenue model [17][18] - **Future Guidance**: - Projected revenue around $69 million for the upcoming year, with a target for license revenue growth in the high teens to low 20s percent [34] Growth Strategy - **R&D Investment**: Commitment to maintaining a robust R&D program, with plans to release one new product annually [13][30] - **Market Focus**: Targeting high-growth areas such as automotive, AI, and chiplet solutions [13][14] - **Inorganic Growth**: Potential for further acquisitions to enhance capabilities and market reach [22][23] Customer Relationships - **Retention Rate**: Over 90% customer retention, exemplified by a long-term relationship with Mobileye [12] - **Royalty Streams**: Diversification of royalty sources, with a significant portion now coming from automotive applications [26][27][28] Conclusion - Arteris is positioned for growth in the semiconductor IP market, leveraging its innovative technologies and strong customer relationships to navigate the complexities of modern chip design and data movement. The company is focused on maintaining financial health while investing in R&D and exploring strategic acquisitions to enhance its market position [14][34]

Core Viewpoint - Drax Group's trading update indicates a strong performance leading to an upward revision of full-year 2025 adjusted EBITDA expectations, supported by FlexGen, pellet production, and biomass generation [1] Group 1: Financial Performance and Targets - Drax is targeting approximately £3 billion in free cash flow from 2025 to 2031, with over £1 billion allocated to shareholder returns and up to £2 billion for new investments [2] - The company reported £2.3 billion in contracted forward power sales through Q1 2027, with biomass and hydro output for 2025 and 2026 fully hedged [4] Group 2: Strategic Developments - Drax is shifting towards flexible, dispatchable power and new load growth from data centres, aligning with the UK grid's transition to higher electrification and reliance on intermittent renewables [3] - The company is developing a pipeline of Battery Energy Storage System (BESS) projects and preparing a planning application for a 100 MW data centre at its flagship power station [2][6] Group 3: Asset Utilization and Growth - Drax's pumped storage and hydro assets have seen increased utilization since their acquisition in 2018, supported by 15-year Capacity Market contracts worth over £220 million [5] - Battery storage is becoming a core growth area, with Drax building a gigawatt-scale pipeline and completing two of three projects totaling 260 MW [5] Group 4: Future Outlook - The company is exploring a multi-stage data centre strategy leveraging its 4 GW of grid access and existing generation infrastructure, with plans for over 1 GW of data centre capacity supplied by renewable generation and carbon-negative BECCS [6]

EDP Capital Markets Day 2025 Summary Company Overview - **Company**: EDP (EDP Renováveis) - **Event**: 2025 Capital Markets Day - **Date**: November 06, 2025 Key Industry Insights - **Renewable Energy Demand**: Significant growth in demand for renewable energy, particularly driven by data centers. A specific data center in Portugal is projected to require 1.2 gigawatts, representing 20% of Portugal's energy demand [4][5] - **Electrification Trends**: Demand in Portugal and Spain has grown by over 3% after years of stagnation, indicating a shift towards electrification and increased energy consumption [5][6] - **Investment in Infrastructure**: Approximately 25% of transformers in Portugal are over 40 years old, necessitating a wave of investment in energy networks that will extend beyond 2030 to 2040 [7][19] Financial Commitments and Projections - **Investment Plans**: EDP plans to invest EUR 12 billion, primarily in networks in Iberia and US renewables, with a focus on core markets [10] - **Operational Efficiency**: EDP maintains a strong operational efficiency with 26% OpEx over gross profit, aiming for a net debt reduction of EUR 1 billion [10][11] - **EBITDA Growth**: Projected increase in EBITDA and earnings, with a commitment to maintaining a stable dividend policy [11][54] Regulatory and Market Context - **Regulatory Clarity**: Improved visibility on regulatory frameworks in the US, Portugal, and Spain, including capacity payments expected to be implemented in 2026 for Spain and 2027 for Portugal [9][10] - **Tax Incentives**: Networks in Portugal are now exempt from extraordinary taxes, providing an uplift in returns of about 0.85% [12] Renewable Energy Strategy - **Focus on Renewables**: EDP Renováveis is expected to see significant growth, with a target of 20 gigawatts of generation assets, particularly in North America [29][30] - **Long-term Contracts**: Approximately 70% of EDP's energy will be long-term contracted, with expectations of higher prices for new contracts compared to previous years [33][40] Client Solutions and Market Positioning - **Client Engagement**: EDP has established contracts with major tech companies, securing over 3 gigawatts of power through PPAs [34] - **FlexGen Strategy**: EDP is focusing on flexible generation to adapt to the increasing demand for ancillary services, with expected growth in flexible services between 25% and 28% [27][28] Global Market Focus - **US Market**: EDP is well-positioned in the US, particularly in MISO and PJM regions, where demand from data centers is growing [38] - **European Market**: EDP continues to focus on key markets in Europe, including Italy, France, and Spain, while also exploring opportunities in APAC [44][46] Conclusion - **Strategic Vision**: EDP is committed to a sustainable growth strategy, focusing on renewable energy, operational efficiency, and strong client relationships, with a clear path to achieving its financial and operational goals by 2028 [48][49]

1 © 2025 Arteris, Inc. November 4, 2025 Disclaimer This presentation and the accompanying oral presentation have been prepared by Arteris, Inc. ("Arteris" or "the "Company") for informational purposes only and not for any other purpose. Nothing contained in this presentation is, or should be construed as, a recommendation, promise or representation by the presenter or Arteris or any officer, director, employee, agent or advisor of Arteris. This presentation does not purport to be all-inclusive or to contain ...

Core Insights - Arteris, Inc. (NASDAQ:AIP) is recognized as one of the 14 small publicly traded semiconductor companies worth investing in, with recent buy ratings from analysts [1][2][3] - The company reported strong second-quarter earnings, with an Annual Contract Value (ACV) plus royalties of $69.1 million, reflecting a 15% year-over-year increase, and remaining performance obligations (RPO) rising by 28% to $99.3 million [2][3] Analyst Ratings - Northland Securities maintained a Buy rating on Arteris, Inc. with a price target of $16 as of August 25 [1] - TD Cowen also reiterated a Buy rating and raised the price target from $12 to $15 on August 5 [1] Customer Acquisition - Arteris is expanding its customer base, notably securing AMD as a client, which will utilize the company's FlexGen technology for high-performance data transport [3] Market Potential - Analysts have set a 1-year median price target of $14.50 for Arteris, indicating a potential upside of 46.91% from current levels [3] Company Overview - Arteris, Inc. is a leading provider of semiconductor system IP and integration automation software for system-on-chip (SoC) development [4]