C
CEVA INC
CEVACIK 0001173489NasdaqAcceleratedServices-Computer Programming, Data Processing, Etc.DelawareFY ends Dec 31
Period
FY 2025
Revenue
—
Net Income
$-10.64M
Total Assets
$388.26M
Equity
$336.46M
Shares Out
27.86M
Op. Cash Flow
$-3.36M
Business
CEVA Inc. is a silicon and software intellectual property licensor enabling Physical AI in connected devices. The company licenses IP platforms, processors, and software across connectivity (Bluetooth, Wi-Fi, UWB, 5G), sensing (DSPs for audio, vision, radar), and inference (neural processing units). CEVA serves semiconductor and OEM customers who integrate these technologies into ASICs, ASSPs, and SoCs for consumer IoT, automotive, industrial, and mobile markets. The company operates on a licensing and royalty model with an installed base of approximately 2 billion devices annually.
Summary from 10-K filed 2026-02-27
Financials
Consolidated Statement of Income
Year Ended · In millions, except per-share amounts
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Revenues | 110 | 107 | 97 | 121 | 114 | |
| Cost of revenues | 14 | 13 | 12 | 15 | 10 | |
| Gross profit | 95 | 94 | 86 | 105 | 103 | |
| Research and development, net | 75 | 72 | 73 | 70 | 69 | |
| Sales and marketing | 13 | 13 | 11 | 11 | 12 | |
| General and administrative | 18 | 17 | 15 | 14 | 13 | |
| Amortization of intangible assets | 598,000 | 599,000 | 594,000 | 2 | 2 | |
| Total operating expenses | 107 | 102 | 99 | 102 | 96 | |
| Operating loss | −11 | −8 | −13 | 4 | 7 | |
| Financial income, net | 7 | 5 | 5 | 3 | 197,000 | |
| Remeasurement of marketable equity securities | −257,000 | −94,000 | −2,000 | −3 | 2 | |
| Loss before taxes on income | −5 | −3 | −8 | 4 | 9 | |
| Taxes on income | 6 | 6 | 10 | 18 | 7 | |
| Net loss from continuing operations | −11 | −9 | −18 | −14 | 2 | |
| Net Income from discontinued operations | 0 | 0 | 7 | −9 | −2 | |
| Net loss | −11 | −9 | −12 | −23 | 396,000 | |
| From continuing operations (in dollars per share) | −0.44 | −0.37 | −0.79 | −0.6 | 0.11 | |
| From discontinued operations (in dollars per share) | 0 | 0 | 0.28 | −0.4 | −0.09 | |
| From continuing operations (in dollars per share) | −0.44 | −0.37 | −0.51 | −1 | 0.02 | |
| From continuing operations (in dollars per share) | −0.44 | −0.37 | −0.79 | −0.6 | 0.1 | |
| Diluted net loss per share (in dollars per share) | −0.44 | −0.37 | −0.51 | −1 | 0.02 | |
| Basic and diluted (in shares) | 24 | 24 | 23 | 23 | 23 | |
| Diluted (in shares) | 24 | 24 | 23 | 23 | 23 |
Consolidated Balance Sheet
As of · In millions, except per-share amounts
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | 41 | 18 | 23 | 20 | 33 | |
| Short-term bank deposits | 2 | 2 | 11 | 6 | 31 | |
| Marketable securities | 179 | 143 | 133 | 112 | 90 | |
| Trade receivables (net of allowance for credit losses of $2,626 and $288 at December 31, 2024 and December 31, 2025, respectively) | 49 | 37 | 30 | 30 | 27 | |
| Prepaid expenses and other current assets | 13 | 15 | 13 | 7 | 7 | |
| Total current assets | 285 | 216 | 209 | 178 | 189 | |
| Severance pay fund | 8 | 7 | 7 | 8 | 10 | |
| Deferred tax assets, net | 257,000 | 1 | 2 | 8 | 16 | |
| Property and equipment, net | 7 | 7 | 7 | 7 | 7 | |
| Operating lease right-of-use assets | 17 | 6 | 7 | 8 | 9 | |
| Goodwill | 58 | 58 | 58 | 57 | 75 | |
| Intangible assets, net | 1 | 2 | 3 | 2 | 15 | |
| Investments in marketable equity securities | 55,000 | 312,000 | — | — | — | |
| Other long-term assets | 12 | 11 | 11 | 6 | 6 | |
| Total long-term assets | 103 | 93 | 95 | 131 | 140 | |
| Total assets | 388 | 309 | 304 | 308 | 329 | |
| Trade payables | 2 | 1 | 1 | 2 | 1 | |
| Deferred revenues | 3 | 4 | 3 | 3 | 9 | |
| Accrued expenses and other payables | 5 | 6 | 6 | 7 | 4 | |
| Accrued payroll and related benefits | 16 | 17 | 14 | 18 | 18 | |
| Operating lease liabilities | 2 | 3 | 3 | 3 | 3 | |
| Total current liabilities | 29 | 31 | 27 | 33 | 35 | |
| Accrued severance pay | 8 | 7 | — | — | — | |
| Operating lease liabilities | 14 | 3 | 4 | 5 | 5 | |
| Other accrued liabilities | 1 | 2 | 1 | 526,000 | 806,000 | |
| Total long-term liabilities | 23 | 12 | 13 | 16 | 16 | |
| Preferred Stock: $0.001 par value: 5,000,000 shares authorized; none issued and outstanding | 0 | 0 | 0 | 0 | 0 | |
| Common Stock $0.001 par value: 45,000,000 shares authorized; 23,756,255 and 27,583,325 shares issued at December 31, 2024 and December 31, 2025, respectively; 23,626,865 and 27,510,739 shares outstanding at December 31, 2024 and 2025, respectively | 28,000 | 24,000 | 23,000 | 23,000 | 23,000 | |
| Additional paid in-capital | 338 | 260 | 252 | 243 | 235 | |
| Treasury stock at cost (129,390 and 72,586 shares of common stock at December 31, 2024 and 2025, respectively) | −2 | −3 | −6 | −10 | — | |
| Accumulated other comprehensive income (loss) | 79,000 | −1 | −2 | −6 | −372,000 | |
| Retained earnings (accumulated deficit) | −24,000 | 11 | 20 | 32 | 55 | |
| Total stockholders equity | 336 | 267 | 264 | 259 | 277 | |
| Total liabilities and stockholders equity | 388 | 309 | 304 | 308 | 329 |
Consolidated Statement of Cash Flows
Year Ended · In millions, except per-share amounts
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Depreciation | 3 | 3 | 3 | 3 | 3 | |
| Amortization of intangible assets | 833,000 | 1 | 2 | 4 | 4 | |
| Equity-based compensation | 20 | 16 | 16 | 15 | 13 | |
| Realized gain, net on sale of available-for-sale marketable securities | −56,000 | −14,000 | −90,000 | 55,000 | −13,000 | |
| Amortization of discounts on available-for-sale marketable securities | −755,000 | −922,000 | −124,000 | 397,000 | 420,000 | |
| Unrealized foreign exchange (gain) loss, net | −1 | 1 | −560,000 | −351,000 | 1 | |
| Gain on sale of Intrinsix | 0 | 0 | 12 | — | — | |
| Trade receivables, net | −12 | −7 | −25,000 | — | — | |
| Prepaid expenses and other assets | 281,000 | −5 | −5 | −1 | 4 | |
| Operating lease right-of-use assets | −12 | 1 | 3 | — | — | |
| Accrued interest on bank deposits | −23,000 | 527,000 | −237,000 | 144,000 | −65,000 | |
| Deferred taxes, net | 1 | −68,000 | 7 | 8 | −6 | |
| Trade payables | 552,000 | −261,000 | −818,000 | 511,000 | 404,000 | |
| Deferred revenues | −103,000 | 581,000 | −27,000 | −5 | 5 | |
| Accrued expenses and other payables | −890,000 | 477,000 | −182,000 | 333,000 | −2 | |
| Accrued payroll and related benefits | −2 | 3 | −4 | — | — | |
| Operating lease liability | 10 | −810,000 | −3 | 2 | −232,000 | |
| Income taxes payable | −706,000 | −221,000 | 67,000 | 2 | 189,000 | |
| Accrued severance pay, net | −84,000 | −248,000 | −112,000 | 283,000 | −322,000 | |
| Net cash provided by (used in) operating activities | −3 | 3 | −6 | 7 | 26 | |
| Business combination | 0 | 0 | 4 | 0 | −30 | |
| Purchase of property and equipment | 3 | 3 | 3 | −3 | −2 | |
| Proceeds from the sale of Intrinsix, net | 3 | 540,000 | 31 | 0 | 0 | |
| Investment in bank deposits | 3 | 2 | 2 | −14 | −2 | |
| Proceeds from bank deposits | 2 | 10 | 6 | 31 | 20 | |
| Investment in available-for-sale marketable securities | 106 | 47 | 40 | −50 | −39 | |
| Proceeds from maturity of available-for-sale marketable securities | 61 | 30 | 10 | 18 | 26 | |
| Proceeds from sale of available-for-sale marketable securities | 11 | 10 | 12 | 3 | 10 | |
| Net cash provided by (used in) investing activities | −34 | −2 | 11 | −15 | −17 | |
| Purchase of treasury stock | −7 | −8 | −6 | −7 | 0 | |
| Proceeds from issuance of common stock, net of issuance costs | 63 | 0 | 0 | — | — | |
| Proceeds from exercise of stock-based awards | 3 | 3 | 3 | 3 | 3 | |
| Net cash provided by (used in) financing activities | 59 | −6 | −3 | −3 | 3 | |
| Effect of exchange rate changes on cash and cash equivalents | 107,000 | −241,000 | 267,000 | −370,000 | −327,000 | |
| Increase (decrease) in cash and cash equivalents | 22 | −5 | 2 | −12 | 12 | |
| Income and withholding taxes | 4 | 6 | 7 | 10 | 9 | |
| Transaction costs related to the Intrinsix but unpaid at the end of the year | 0 | 0 | 25,000 | — | — | |
| Property and equipment purchases incurred but unpaid at the end of the year | 692,000 | 215,000 | 0 | 25,000 | 59,000 | |
| Right-of-use assets obtained in the exchange for operating lease liabilities | 14 | 1 | 1 | 5 | 3 |
Filings
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Frequently asked questions
What is CEVA INC's CIK number?
CEVA INC's SEC CIK number is 0001173489 (1173489). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.
Where can I find CEVA INC's SEC filings?
All of CEVA INC's EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.
When did CEVA INC last report earnings?
CEVA INC (CEVA) most recently filed an earnings 8-K with the SEC on May 11, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0001437749-26-015998). This is CEVA INC's most recent earnings filing of record — not a forecast of its next earnings date.
What is CEVA INC's most recent earnings 8-K?
CEVA INC's latest earnings 8-K (Item 2.02) was filed May 11, 2026 under accession 0001437749-26-015998. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.
View CEVA INC's latest earnings 8-K →
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