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CEVA Inc
NASDAQ:CEVA

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CEVA Inc
NASDAQ:CEVA
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Price: 18.22 USD -3.19% Market Closed
Market Cap: $505.6m

CEVA Inc
Investor Relations

CEVA, Inc. engages in the licensing of signal processing platforms and artificial intelligence processors to chip manufacturers. The company is headquartered in Rockville, Maryland and currently employs 476 full-time employees. The company went IPO on 2002-11-01. The firm offers digital signal processors, artificial intelligence (AI) processors, wireless platforms and complementary software for sensor fusion, image enhancement, computer vision, voice input and AI. The Company’s customers include semiconductor and original equipment manufacturer (OEM) companies focused on a range of cellular and Internet-of-things (IoT) end markets, including a base station, mobile, personal computer, consumer, automotive, robotics, industrial, aerospace and defense, and medical. Its portfolio also includes a range of application software optimized for its processors, including voice front-end processing and speech recognition, imaging and computer vision and sensor fusion. The Company’s smart sensing portfolio includes advanced technologies for cameras, microphones, sensor hubs and inertial measurement units (IMU).

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Last Earnings Call
Fiscal Period
Q4 2025
Call Date
Feb 17, 2026
AI Summary
Q4 2025

Record Revenue: CEVA posted its highest-ever quarterly revenue of $31.1 million in Q4 2025, up 7% year-over-year and 10% sequentially.

AI Momentum: The company achieved a significant NPU licensing win with a top PC OEM and signed 10 Newport NPU agreements in 2025, with AI processor licensing representing over 20% of total licensing revenue.

Strong Connectivity Performance: Licensing and royalty growth driven by demand for WiFi 7, Bluetooth, and combo connectivity, with record WiFi and cellular IoT shipments.

Improved Profitability: Non-GAAP net income rose 86% in Q4 and 20% for the full year, while diluted EPS increased 17% year-over-year.

Positive Outlook: Management guides for 8% to 12% revenue growth in 2026, expects higher non-GAAP net income and operating income by 35% to 40%, and maintains expense discipline amid FX headwinds.

Royalty Growth Pipeline: Lifetime royalty potential from recent licensing deals estimated at $125 million, with royalty contributions from new AI products anticipated to begin in 2027.

Key Financials
Revenue
$31.1 million
Licensing and Related Revenue
$17.5 million
Royalty Revenue
$13.8 million
Gross Margin
88%
GAAP Operating Expenses
$28 million
Non-GAAP Operating Expenses
$22.2 million
Non-GAAP Operating Income
$5.7 million
Non-GAAP Net Income
$4.9 million (Q4 2025)
Non-GAAP Diluted EPS
$0.18 (Q4 2025)
GAAP Net Loss
$1.1 million (Q4 2025)
Diluted Loss Per Share
$0.04 (Q4 2025)
Total Revenue (Full Year 2025)
$109.6 million
Non-GAAP Gross Profit
88%
CEVA-Powered Devices Shipped (Q4 2025)
606 million units
CEVA-Powered Devices Shipped (Full Year 2025)
2.1 billion units
WiFi Shipments (Q4 2025)
86 million units
IoT Shipments (Q4 2025)
60 million units
Bluetooth Shipments (Q4 2025)
303 million units
Annual Consumer IoT Shipments
1.7 billion units
Annual Industrial IoT Shipments
87 million units
Annual Modem Shipments
280 million units
Cash and Equivalents
$222 million
Follow-on Equity Offering
$63 million net proceeds
Q1 2026 Revenue Guidance
$24 million to $28 million
Q1 2026 Gross Margin Guidance
86%
Q1 2026 Net Income Guidance
$1.7 million
Earnings Call Recording
Other Earnings Calls

Management

Mr. Amir Panush
CEO & Director
No Bio Available
Mr. Yaniv Arieli CPA
CFO & Treasurer
No Bio Available
Mr. Michael Boukaya
Executive VP & COO
No Bio Available
Mr. Gweltaz Toquet
Chief Commercial Officer
No Bio Available
Mr. Richard Kingston
Vice President of Market Intelligence, Investor & Public Relations
No Bio Available
Ms. Geraldine Kutas
Director of Corporate Affairs & Communication
No Bio Available
Ms. Dana Maor-Megiddo
Vice President of People
No Bio Available
Mr. Iri Trashanski
Chief Strategy Officer
No Bio Available
Mr. Jeff VanWashenova
Director of Automotive Market Segment
No Bio Available
Mr. Franz Dugand
Director of Sales & Marketing for Connectivity Business Unit
No Bio Available

Contacts

Address
MARYLAND
Rockville
15245 Shady Grove Road, Suite 400
Contacts
+12403088328.0
www.ceva-dsp.com
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