Arteris, Inc. (AIP) Earnings Call Transcripts
Arteris, Inc.'s Latest Earnings Call - Q1 FY2026
In the first quarter of fiscal year 2026, Arteris, Inc. reported a robust performance with total revenue of $22.9 million, reflecting a 39% year-over-year increase and exceeding guidance. The annual contract value plus royalties reached a record $92.8 million, also up 39% year-over-year. Management raised guidance for both revenue and annual contract values for the full year, signaling strong momentum in the semiconductor market, particularly in AI and data center applications.
Reported metrics
| Metric | Value |
|---|---|
| Total Revenue | $22.9 million (beat) |
| Annual Contract Value + Royalties | $92.8 million (beat) |
| Royalty Stream | $7.9 million (beat) |
| Remaining Performance Obligations | $118 million (beat) |
| Non-GAAP Operating Loss | $2.5 million (inline) |
| GAAP Operating Loss | $9.3 million (miss) |
Guidance from management
For Q2 2026, Arteris expects revenue of $23 million to $24 million and ACV plus royalties of $95 million to $99 million. For the full year 2026, guidance was raised to revenue of $81 million to $85 million and ACV plus royalties to $102 million to $106 million.
What management said
Kevin, this is Nick. Let me handle the royalties part of that question. Generally speaking, the design cycles in that space, are a little bit quicker than you'd expect in, say, automotive, which is quite a long design cycle, as you know, can be up to 6 years in some cases. In this sphere, it's more like 2 to 3 years that we'd expect to see something flowing through from that.
Similar. Yes. Yes. I mean those are all going into data center AI, and those are basically some of the quickest design cycles that we see but also the volumes are actually more significant than they used to be in the past. But these products have a much faster churn than like Nick said, the automotive, for example. And so they rise quicker and they also die quicker. .
What analysts pressed on
Analysts expressed concerns regarding the timeline for royalties from hyperscaler design wins and high-bandwidth memory products, with expectations of a 2-3 year design cycle. There were also questions about the sustainability of the strong royalty growth and how it would impact future guidance.
Main topics on the call
- Record Revenue and Annual Contract Value — Arteris achieved record revenue of $22.9 million and annual contract value plus royalties of $92.8 million, both up 39% year-over-year. Management stated, "We had a strong first quarter, beating the top end of our revenu...
- Strong Royalty Growth — The royalty stream increased by 67% year-over-year, driven by a diverse customer base across various sectors. Management noted, "Our royalty stream today is fueled by a balanced mix of customers across all our vertical m...
- Guidance Raised for Full Year 2026 — Management raised full-year guidance for revenue to $81 million to $85 million and annual contract values to $102 million to $106 million, reflecting increased confidence in market conditions. They stated, "We are seeing...
- Cybersecurity Acquisition Progress — The acquisition of Cycuity is showing promising early results, with management highlighting strong government orders and potential commercial deals. They remarked, "We think that this acquisition is going to turn out jus...
Read the full Arteris, Inc. transcript (Q1 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.
About Arteris, Inc.
Arteris, Inc. (AIP) is a publicly listed company in the Software industry, within the Information Technology sector. It trades on NasdaqGM and is based in US. EarningsCalls.dev maintains a free, full-text archive of its earnings call transcripts — 32 calls on record spanning February 20, 2020 to August 6, 2026. Every transcript is split into speaker-by-speaker segments with headline metrics, free to read or available through our REST API.
Earnings Call History
EarningsCalls.dev has 32 Arteris, Inc. earnings call transcripts on record, spanning February 20, 2020 to August 6, 2026. Based on this history, Arteris, Inc. reports quarterly. The most recent call on file is dated August 6, 2026. The full list is below — each row opens the complete, free-to-read transcript.
- Ticker
- AIP
- Exchange
- NasdaqGM
- Country
- US
- Sector
- Information Technology
- Industry
- Software
- Calls on record
- 32
- First call
- February 20, 2020
- Most recent
- August 6, 2026
- Reporting cadence
- quarterly