Record Annual Contract Value
Arteris achieved a record annual contract value plus royalties of $65.1 million in Q4 2024, driven by increased demand for semiconductor system IP products.
Expansion into New Markets
Arteris expanded into the microcontroller space, securing key wins with Infineon and GigaDevice, which will help accelerate their growing royalty stream.
FlexGen Smart NoC IP Launch
The launch of FlexGen Smart NoC IP promises up to 10x engineering productivity improvement and has been delivered for evaluations to over 10 companies.
Strong Financial Performance
Total revenue for Q4 was $15.5 million, up 24% year-over-year, with a non-GAAP gross profit margin of 91%.