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Arteris vs Tigo Energy: AIP and TYGO compared
Arteris is the larger company: $25.8M of revenue in its latest quarter (Q3 2026) against $24.0M for Tigo Energy (Q3 2026). Arteris is growing faster (+48% against -22% a year earlier). Tigo Energy is more profitable, with an operating margin of -0.3% against -43.9%.
Where the money goes: AIP and TYGO
Arteris (AIP) · Q3 2026
Arteris, Q3 2026: revenue $25.8M (+48% year over year), operating margin -43.9%, net loss $11.2M, operating cash flow −$1.8M. The chart follows the revenue to costs, profit and cash.
Tigo Energy (TYGO) · Q3 2026
Tigo Energy, Q3 2026: revenue $24.0M (-22% year over year), operating margin -0.3%, net earnings $361K, operating cash flow $2.0M. The chart follows the revenue to costs, profit and cash.
| Arteris (AIP) | Tigo Energy (TYGO) | |
|---|---|---|
| Latest quarter | Q3 2026 | Q3 2026 |
| Revenue | $25.8M | $24.0M |
| Revenue growth, Y/Y | +48% | -22% |
| Operating margin | -43.9% | -0.3% |
| Net earnings | −$11.2M | $361K |
| Net margin | -43.3% | 1.5% |
| Operating cash flow | −$1.8M | $2.0M |
| Free cash flow | — | $1.9M |
Where the revenue comes from
Arteris
- Licensing, support and maintenance: $22.4M (87%)
- Variable royalties: $2.3M (9%)
- Professional services and other: $1.1M (4%)
Questions
Which is bigger, Arteris or Tigo Energy?
Arteris is the larger company: $25.8M of revenue in its latest quarter (Q3 2026) against $24.0M for Tigo Energy (Q3 2026).
Is Arteris or Tigo Energy growing faster?
Arteris is growing faster (+48% against -22% a year earlier).
Which is more profitable, Arteris or Tigo Energy?
Tigo Energy is more profitable, with an operating margin of -0.3% against -43.9%.
More: Arteris earnings · how Arteris makes money · Tigo Energy earnings · how Tigo Energy makes money
From the companies' latest 10-Q, 10-K or earnings release (10-Q filed Nov 5, 2026; 10-Q filed Nov 4, 2026). Fiscal quarters can end on different dates. Not investment advice.