The chip design firm reported record Q1 2026 contract value and royalties of $92.8 million, up 39% year-on-year.
Arteris (AIP) raised its full-year 2026 revenue outlook to $91M-$95M after a strong first quarter. The company reported record annual contract value plus royalties of $92.8 million, a 39% increase from the prior year.
Q1 2026 also marked record revenue, royalties, and backlog, according to management. The updated guidance reflects continued demand for its semiconductor intellectual property solutions.
Arteris now expects non-GAAP operating profit as early as Q4 2026, signaling improved profitability ahead.