Arteris' second quarter revenue of $24.1M beat estimates as record ACV plus royalties reached $99.5M

Arteris reported record-breaking revenue and Annual Contract Value (ACV) for the second quarter of 2026, driven by intense customer engagement in AI infrastructure and data center chiplet development. While revenue and licensing momentum exceeded expectations, non-GAAP net loss was wider than anticipated at $0.10 per share.

Key Highlights

• Record Annual Contract Value plus royalties exiting the quarter reached $99.5 million, up 44% year-over-year.
• Remaining Performance Obligation (RPO) climbed to a record $135 million, representing a 36% increase from the prior year period.
• Customer design activity remained robust with a 21% year-over-year increase in confirmed design starts over the trailing-twelve-months.
• Enterprise computing, specifically AI infrastructure deals, averaged 29% of ACV plus royalties over the past four quarters as a primary growth catalyst.