Arteris, Inc. reported second quarter 2026 financial results and updated guidance for the remainder of the year. Revenue increased 46% year-over-year to $24.1 million, driven by strong demand in enterprise computing and AI infrastructure. The company recorded a net loss of $14.1 million ($0.30 per share), compared to a net loss of $9.1 million ($0.22 per share) in the prior year period. Annual Contract Value plus royalties rose 44% to $99.5 million, and Remaining Performance Obligations grew 36% to $135 million. Arteris provided estimated third-quarter revenue guidance of $24.0–$25.0 million and updated full-year revenue expectations to $95.0–$98.0 million. Additionally, the company announced that Saurabh Sinha will join as Chief Financial Officer on September 8, 2026. Arteris is a provider of semiconductor technology, including network-on-chip interconnect intellectual property and system software.

Arteris appointed Saurabh Sinha as Chief Financial Officer, effective September 8, 2026, succeeding retiring CFO Nick Hawkins who will serve in an advisory role through February 2027. Sinha receives a $440,000 annual base salary and a target bonus of 60% of base. He is granted performance stock units valued at $1 million vesting on revenue and share price milestones, restricted stock units worth $3.7 million vesting over four years, and an additional $1 million in PSUs tied to the 2027 Long-Term Incentive Program. Arteris operates in the semiconductor industry, providing system intellectual property for data movement and chip design.