Ceva, Inc. is a publicly traded semiconductor and software intellectual property (IP) company listed on NASDAQ under the ticker symbol CEVA. Headquartered in Rockville, Maryland, Ceva develops and licenses signal processing platforms and AI processors for a broad range of smart edge applications. Its licensable technologies include wireless connectivity IPs of Bluetooth, Wi-Fi, UWB and 5G, scalable Edge AI NPU IPs and sensor fusion solutions, serving diverse markets such as automotive, consumer IoT, industrial, infrastructure, mobile, and PC.3Wikipedia text CC BY-SA 4.0
Ceva, Inc. is a publicly traded semiconductor and software intellectual property (IP) company listed on NASDAQ under the ticker symbol CEVA. Headquartered in Rockville, Maryland, Ceva develops and licenses signal processing platforms and AI processors for a broad range of smart edge applications. Its licensable technologies include wireless connectivity IPs of Bluetooth, Wi-Fi, UWB and 5G, scalable Edge AI NPU IPs and sensor fusion solutions, serving diverse markets such as automotive, consumer IoT, industrial, infrastructure, mobile, and PC.3
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Cost of revenueResearch and developmentOther costs
Cost of revenue13¢$14.2M
Research and development68¢$74.8M
Other costs13¢$14.7M
Income tax5¢$5.9M
Out of $109.6M in revenue.7 The company lost money this year.
Financial statements
Revenue8910117$109.6M in 2025+26% since 2019Gross profit8910117$95.4M in 2025+24% since 2019Operating income8910117-$11.3M in 2025+490% since 2019Net income8910117-$10.6M in 2025
Revenue1213$29.0M in Q2 FY2026+7% since Q1 FY2026Gross profit1213$25.4M in Q2 FY2026+9% since Q1 FY2026Operating income1213-$2.1M in Q2 FY2026−59% since Q1 FY2026Net income1213-$2.9M in Q2 FY2026−35% since Q1 FY2026
Every line of the income statement as filed: the last 3 fiscal years, latest first.7
Period ending
2025-12-31
2024-12-31
2023-12-31
Revenues
$109.6M
$106.9M
$97.4M
Cost of revenues
$14.2M
$12.8M
$11.6M
Gross profit
$95.4M
$94.2M
$85.8M
Research and development, net
$74.8M
$71.6M
$72.7M
Sales and marketing
$13.3M
$12.6M
$11.0M
General and administrative
$18.1M
$16.9M
$14.9M
Amortization of intangible assets
$598.0K
$599.0K
$594.0K
Total operating expenses
$106.8M
$101.7M
$99.2M
Operating loss
-$11.3M
-$7.5M
-$13.5M
Financial income, net
$6.9M
$4.9M
$5.3M
Remeasurement of marketable equity securities
-$257.0K
-$94.0K
-$2.0K
Loss before taxes on income
-$4.7M
-$2.8M
-$8.2M
Taxes on income
$5.9M
$6.0M
$10.2M
Net loss from continuing operations
-$10.6M
-$8.8M
-$18.4M
Net Income from discontinued operations
$0
$0
$6.6M
Net loss
-$10.6M
-$8.8M
-$11.9M
From continuing operations (in dollars per share)
-$0
-$0
-$1
From continuing operations (in dollars per share)
-$0.44
-$0.37
-$0.51
From continuing operations (in dollars per share)
-$0
-$0
-$1
From discontinued operations (in dollars per share)
$0
$0
$0
Diluted net loss per share (in dollars per share)
-$0.44
-$0.37
-$0.51
Basic and diluted (in shares)
24.3M shares
23.6M shares
23.5M shares
Diluted (in shares)
24.3M shares
23.6M shares
23.5M shares
No quarter-by-quarter statement was filed.
Total assets148910117$388.3M in 2025+31% since 2019Shareholders’ equity910117$336.5M in 2025+34% since 2019Cash14810117$40.6M in 2025+78% since 2019
Total assets1213$391.9M in Q2 FY2026+1% since Q1 FY2025Shareholders’ equity1213$340.2M in Q2 FY2026+1% since Q1 FY2025Cash1213$44.3M in Q2 FY2026+9% since Q1 FY2025
Every line of the balance sheet as filed: the last 4 fiscal years (annual) or 4 quarters (quarterly), latest first.7
Period ending
2025-12-31
2024-12-31
2023-12-31
2022-12-31
Cash and cash equivalents
$40.6M
$18.5M
$23.3M
Short-term bank deposits
$2.1M
$2.0M
Marketable securities
$179.3M
$143.1M
Trade receivables (net of allowance for credit losses of $2,626 and $288 at December 31, 2024 and December 31, 2025, respectively)
$49.4M
$37.2M
Prepaid expenses and other current assets
$13.5M
$15.5M
Total current assets
$284.8M
$216.3M
Severance pay fund
$7.5M
$7.2M
Deferred tax assets, net
$257.0K
$1.5M
Property and equipment, net
$7.1M
$6.9M
Operating lease right-of-use assets
$17.5M
$5.8M
Goodwill
$58.3M
$58.3M
Intangible assets, net
$1.0M
$1.9M
Investments in marketable equity securities
$55.0K
$312.0K
Other long-term assets
$11.7M
$10.8M
Total long-term assets
$103.4M
$92.6M
Total assets
$388.3M
$308.9M
Trade payables
$2.4M
$1.1M
Deferred revenues
$3.5M
$3.6M
Accrued expenses and other payables
$5.2M
$6.2M
Accrued payroll and related benefits
$15.8M
$17.0M
Operating lease liabilities
$1.7M
$2.6M
Total current liabilities
$28.7M
$30.5M
Accrued severance pay
$7.7M
$7.4M
Operating lease liabilities
$14.4M
$3.0M
Other accrued liabilities
$1.0M
$1.5M
Total long-term liabilities
$23.1M
$11.9M
Preferred Stock: $0.001 par value: 5,000,000 shares authorized; none issued and outstanding
$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
$28.0K
$24.0K
Additional paid in-capital
$338.0M
$259.9M
Treasury stock at cost (129,390 and 72,586 shares of common stock at December 31, 2024 and 2025, respectively)
-$1.6M
-$3.2M
Accumulated other comprehensive income (loss)
$79.0K
-$1.3M
Retained earnings (accumulated deficit)
-$24.0K
$11.2M
Total stockholders equity
$336.5M
$266.6M
$264.3M
$258.9M
Total liabilities and stockholders equity
$388.3M
$308.9M
Accounts Receivable, Allowance for Credit Loss, Current
$288.0K
$2.6M
Preferred stock, par value (in dollars per share)
$0.00
$0.00
Preferred Stock, Shares Authorized (in shares)
5.0M shares
5.0M shares
Preferred Stock, Shares Outstanding (in shares)
0 shares
0 shares
Preferred Stock, Shares Issued (in shares)
0 shares
0 shares
Common stock, par value (in dollars per share)
$0.00
$0.00
Common Stock, Shares Authorized (in shares)
45.0M shares
45.0M shares
Common Stock, Shares, Issued (in shares)
27.6M shares
23.8M shares
Common stock, shares outstanding (in shares)
27.5M shares
23.6M shares
Treasury Stock, Common, Shares (in shares)
72.6K shares
129.4K shares
Period ending
2025-12-31
2024-12-31
2023-12-31
2022-12-31
Cash and cash equivalents
$40.6M
$18.5M
$23.3M
Short-term bank deposits
$2.1M
$2.0M
Marketable securities
$179.3M
$143.1M
Trade receivables (net of allowance for credit losses of $2,626 and $288 at December 31, 2024 and December 31, 2025, respectively)
$49.4M
$37.2M
Prepaid expenses and other current assets
$13.5M
$15.5M
Total current assets
$284.8M
$216.3M
Severance pay fund
$7.5M
$7.2M
Deferred tax assets, net
$257.0K
$1.5M
Property and equipment, net
$7.1M
$6.9M
Operating lease right-of-use assets
$17.5M
$5.8M
Goodwill
$58.3M
$58.3M
Intangible assets, net
$1.0M
$1.9M
Investments in marketable equity securities
$55.0K
$312.0K
Other long-term assets
$11.7M
$10.8M
Total long-term assets
$103.4M
$92.6M
Total assets
$388.3M
$308.9M
Trade payables
$2.4M
$1.1M
Deferred revenues
$3.5M
$3.6M
Accrued expenses and other payables
$5.2M
$6.2M
Accrued payroll and related benefits
$15.8M
$17.0M
Operating lease liabilities
$1.7M
$2.6M
Total current liabilities
$28.7M
$30.5M
Accrued severance pay
$7.7M
$7.4M
Operating lease liabilities
$14.4M
$3.0M
Other accrued liabilities
$1.0M
$1.5M
Total long-term liabilities
$23.1M
$11.9M
Preferred Stock: $0.001 par value: 5,000,000 shares authorized; none issued and outstanding
$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
$28.0K
$24.0K
Additional paid in-capital
$338.0M
$259.9M
Treasury stock at cost (129,390 and 72,586 shares of common stock at December 31, 2024 and 2025, respectively)
-$1.6M
-$3.2M
Accumulated other comprehensive income (loss)
$79.0K
-$1.3M
Retained earnings (accumulated deficit)
-$24.0K
$11.2M
Total stockholders equity
$336.5M
$266.6M
$264.3M
$258.9M
Total liabilities and stockholders equity
$388.3M
$308.9M
Accounts Receivable, Allowance for Credit Loss, Current
$288.0K
$2.6M
Preferred stock, par value (in dollars per share)
$0.00
$0.00
Preferred Stock, Shares Authorized (in shares)
5.0M shares
5.0M shares
Preferred Stock, Shares Outstanding (in shares)
0 shares
0 shares
Preferred Stock, Shares Issued (in shares)
0 shares
0 shares
Common stock, par value (in dollars per share)
$0.00
$0.00
Common Stock, Shares Authorized (in shares)
45.0M shares
45.0M shares
Common Stock, Shares, Issued (in shares)
27.6M shares
23.8M shares
Common stock, shares outstanding (in shares)
27.5M shares
23.6M shares
Treasury Stock, Common, Shares (in shares)
72.6K shares
129.4K shares
Cash from operations8910117-$3.4M in 2025Capital spending8910117$2.9M in 2025−16% since 2019Free cash flow8910117-$6.3M in 2025Share buybacks8910117$7.2M in 2025−22% since 2019
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow as filed: the last 3 fiscal years, latest first.7
Period ending
2025-12-31
2024-12-31
2023-12-31
Net loss:
-$10.6M
-$8.8M
-$11.9M
Depreciation
$3.4M
$3.0M
$2.9M
Amortization of intangible assets
$833.0K
$1.1M
$2.0M
Equity-based compensation
$19.8M
$15.6M
$16.2M
Realized gain, net on sale of available-for-sale marketable securities
-$56.0K
-$14.0K
-$90.0K
Amortization of discounts on available-for-sale marketable securities
-$755.0K
-$922.0K
-$124.0K
Unrealized foreign exchange (gain) loss, net
-$1.0M
$1.1M
-$560.0K
Gain on sale of Intrinsix
$0
$0
$11.6M
Remeasurement of marketable equity securities
$257.0K
$94.0K
$2.0K
Trade receivables, net
-$11.8M
-$6.8M
-$25.0K
Prepaid expenses and other assets
$281.0K
-$4.8M
-$4.8M
Operating lease right-of-use assets
-$11.7M
$1.2M
$3.3M
Accrued interest on bank deposits
-$23.0K
$527.0K
-$237.0K
Deferred taxes, net
$1.1M
-$68.0K
$6.7M
Trade payables
$552.0K
-$261.0K
-$818.0K
Deferred revenues
-$103.0K
$581.0K
-$27.0K
Accrued expenses and other payables
-$890.0K
$477.0K
-$182.0K
Accrued payroll and related benefits
-$2.0M
$2.7M
-$3.7M
Operating lease liability
$10.2M
-$810.0K
-$3.3M
Income taxes payable
-$706.0K
-$221.0K
$67.0K
Accrued severance pay, net
-$84.0K
-$248.0K
-$112.0K
Net cash provided by (used in) operating activities
-$3.4M
$3.5M
-$6.3M
Business combination
$0
$0
$3.6M
Purchase of property and equipment
$2.9M
$3.0M
$2.9M
Proceeds from the sale of Intrinsix, net
$3.5M
$540.0K
$30.6M
Investment in bank deposits
$2.7M
$2.0M
$2.0M
Proceeds from bank deposits
$2.0M
$10.0M
$6.0M
Investment in available-for-sale marketable securities
$106.4M
$46.9M
$40.0M
Proceeds from maturity of available-for-sale marketable securities
$61.3M
$29.8M
$10.3M
Proceeds from sale of available-for-sale marketable securities
$11.3M
$9.8M
$12.4M
Net cash provided by (used in) investing activities
-$34.0M
-$2.4M
$10.8M
Purchase of treasury stock
-$7.2M
-$8.5M
-$6.2M
Proceeds from issuance of common stock, net of issuance costs
$63.3M
$0
$0
Proceeds from exercise of stock-based awards
$3.2M
$2.9M
$3.4M
Net cash provided by (used in) financing activities
$59.3M
-$5.6M
-$2.8M
Effect of exchange rate changes on cash and cash equivalents
$107.0K
-$241.0K
$267.0K
Increase (decrease) in cash and cash equivalents
$22.1M
-$4.8M
$2.0M
Income and withholding taxes
$4.2M
$6.3M
$7.4M
Transaction costs related to the Intrinsix but unpaid at the end of the year
$0
$0
$25.0K
Property and equipment purchases incurred but unpaid at the end of the year
$692.0K
$215.0K
$0
Right-of-use assets obtained in the exchange for operating lease liabilities
Ceva, Inc. sits at the top of its group. 1 entity, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.
Major holders of Ceva, Inc.
Senvest Management, LLCFiled SCHEDULE 13G/A on Ceva, Inc., latest Aug 13, 2026 (4 filings since Jan 27, 2023)
Morgan StanleyFiled SCHEDULE 13G/A on Ceva, Inc., latest Aug 12, 2026 (2 filings since Aug 7, 2025)
State Street CorporationFiled SCHEDULE 13G on Ceva, Inc., latest Aug 7, 2026 (5 filings since Jan 24, 2024)
Built from major holders from Schedules 13D and 13G. Each entity in the chart links to its source.
What it owns
What Ceva, Inc. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
Our headquarters are located in Rockville, Maryland, where we conduct research and development and administration activities in a 9,913 square foot facility under a lease expiring in 2028.
In 2025, we entered into an operating lease agreement for new offices in Ra’anana, Israel, with the lease commencing on December 31, 2025. The facility, which spans 43,056 square feet and supports our research and development, sales and marketing and administrative activities, is leased through 2035, with an option to extend for an additional five‑year term. In January 2026, we terminated our lease in Herzliya, Israel, where we had occupied a 57,425‑square‑foot space.
The rest of Item 2
We also have principal offices where we conduct research and development, sales and marketing and administration activities in Sophia Antipolis, France, where we have a 10,823 square foot facility lease expiring in 2031.
We lease eight other buildings for our main additional engineering, sales, marketing, administrative, support and operations, including two other facilities located in China, and one other facility located in each of the U.S., U.K., Ireland, Serbia, Greece and Japan. Together with our principal offices (excluding the office in Herzliya, Israel), these 11 facilities cover an aggregate of approximately 87,076 square feet, ranging from 1,132 square feet to 43,056 square feet, with lease terms expiring from 2026 to 2035.
Ceva Inc. was created in November 2002 with the merger of the DSP IP licensing division of DSP Group (based in Israel) and Parthus Technologies plc. The agreement was announced in April, 2002.
The company used the name ParthusCeva for the combination and listed its shares on the Nasdaq under the symbol PCVA and the London Stock Exchange under the symbol PCV.
In December, 2003, the company dropped the "Parthus" from its name, and changed the ticker symbol to Ceva.
In 2007, it sold its stake in Dublin-based company GloNav to NXP Semiconductor for a gain of $10.9 million.
The company develops semiconductor intellectual property core technologies for multimedia and wireless communications. Ceva claimed the largest number of baseband processors in 2010, and a 90% DSP IP market share in 2011.
In July 2014 it acquired RivieraWaves SAS, a private company based in France.
In July 2019, the company acquired the Hillcrest Labs sensor fusion business from InterDigital. In the same month, CEVA entered into a strategic partnership with a Canadian company, Immervision to secure exclusive licensing rights for its patented image processing and sensor fusion technologies for wide-angle cameras.
On May 31, 2021, Ceva acquired Intrinsix, another semiconductor design company, for an estimated $33 million.
Read the full text
On September 20, 2023, Cadence acquired Intrinsix Corporation from Ceva.
Ceva develops technology for low-cost, low-power computational photography and computer vision. The company provides vision DSP cores, deep neural network toolkits, real-time software libraries, hardware accelerators, and algorithm developer ecosystems.
Deep learning
Ceva develops software for deep neural networks centered on the Ceva-XM computer vision and NeuPro AI cores.
NeuPro is Ceva's family of low-power artificial intelligence processors for deep learning. NeuPro processors are self-contained, specialized AI processors, scaling in performance for a broad range of end markets including IoT, smartphones, surveillance, automotive, robotics, medical, and industrial. This group of products offers high-performance configurations ranging from 2 Tera Ops Per Second (TOPS) for the entry-level processor and 12.5 TOPS for the most advanced configuration.
Wireless IoT
Wireless connectivity is often used in devices being created for the Internet of things (IoT).
Read the full text
Ceva develops Wi-Fi, Bluetooth, ultra-wideband, and narrowband IoT integrated wireless IoT platforms for integration into a system on a chip (SoC).
Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar
Filings
229 filings to the SEC since October 2021: 5 annual reports, 15 quarterly reports, 47 major events, 98 insider forms, 30 large holders, 34 other. The latest 20:
What the company paid its top executives, from the summary compensation table in its proxy statement. Total pay includes salary, bonus, stock and option awards and other pay, as the company valued them.
The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.
From the cover page of the 10-K filed Feb 27, 2026 (Section 12(b) of the Exchange Act).15
Risk factors and legal proceedings
The risks Ceva, Inc. names in Item 1A of its 10-K filed Feb 27, 2026: 34 risks under these headings, as written.15
Risks Related to Our Industry and Markets
Risks Related to Our Global Operating Business
Risks Related to Finance, Accounting and Taxation
Risks Related to Ownership of Our Common Stock
The markets in which we operate are highly competitive, and as a result we could experience a loss of sales, lower prices and lower revenues.
DSP / Signal Processing
CPU / Configurable CPU / RISC-V
In-House / Vertical Integration Risk
Wireless Connectivity
Imaging / Vision
Edge AI / NPU
Audio / Voice
The other 33 risks
Spatial Audio / Motion
Because our IP solutions are components of end products, if semiconductor companies and electronic equipment manufacturers do not incorporate our solutions into their end products, or if the end products of our customers do not achieve market acceptance, we may not be able to generate adequate sales of our products.
We depend on market acceptance of third-party semiconductor intellectual property.
If we are unable to meet the changing needs of our end-users or address evolving market demands, our business may be harmed.
Our operating results are affected by the highly cyclical nature of and general economic conditions in the semiconductor industry, including in connection with significant supply chain disruptions.
Our quarterly operating results fluctuate from quarter to quarter due to a variety of factors, including our lengthy sales cycle, and may not be a meaningful indicator of future performance.
We rely significantly on revenues derived from a limited number of customers who contribute to our royalty and license revenues.
Our business is dependent on IP licensing and related revenues, which may vary from period to period.
Royalty and other payment rates could decrease for existing and future license agreements and other customer agreements, which could materially adversely affect our operating results.
Because we have significant international operations, with a significant concentration of revenues in China, we may be susceptible to political, economic and other conditions relating to our international operations that could increase our operating expenses and disrupt our revenues and business.
New tariffs, trade measures and other geopolitical risks and instability could adversely affect our consolidated results of operations, financial position and cash flows.
Changes in the U.S. trade environment, including uncertainty over global tariffs and the financial impact of tariffs, as well as economic uncertainty associated with geopolitics, may negatively affect our business, financial condition and results of operations.
Our success will depend on our ability to successfully manage our geographically dispersed operations.
Our operations in Israel may be adversely affected by instability in the Middle East region.
Terrorist attacks, acts of war or military actions and/or other civil unrest may adversely affect the territories in which we operate and our business, financial condition and operating results.
Our research and development expenses may increase if the grants we currently receive from the Israeli government are reduced or withheld.
We face a highly competitive employment market and depend on a limited number of key personnel who would be difficult to replace, and changes in our management and sales teams may adversely affect our operations.
The sales cycle for our IP and related solutions is lengthy, and even approved projects may have structured payment terms, which makes forecasting of our customer orders and revenues difficult.
We may seek to expand our business in ways that could result in diversion of resources and extra expenses.
Because our IP and related solutions are complex, the detection of errors in our products may be delayed, and if we deliver products with defects, our credibility will be harmed, the sales and market acceptance of our products may decrease and product liability claims may be made against us.
Our product development efforts are time-consuming and expensive and may not generate an acceptable return, if any.
We may not be able to adequately protect our IP.
Our business will suffer if we are sued for infringement of the IP rights of third parties or if we cannot obtain licenses to these rights on commercially acceptable terms.
Cybersecurity threats or other security breaches could compromise sensitive information belonging to us or our customers and could harm our business and our reputation.
Any actual or perceived failure to comply with new or existing laws, regulations and other requirements relating to the privacy, security and processing of Personal Information could adversely affect our business, results of operations, or financial condition.
The nature of our business requires the application of complex revenue recognition rules. Significant changes in U.S. generally accepted accounting principles, or GAAP, including the adoption of the new revenue recognition rules, could materially affect our financial position and results of operations.
Changes in our tax rates or exposure to additional income tax liabilities or assessments could adversely impact our cash flow, financial condition and results of operations.
The French and Greece tax benefits that we currently receive and the government programs in which we participate require us to meet certain conditions and may be terminated or reduced in the future, which could increase our tax expenses.
We are exposed to fluctuations in currency exchange rates.
Royalty reporting by our licensees may be inaccurate or understated or not sent on a timely basis.
We are exposed to the credit and liquidity risk of our customers, and to credit exposure in weakened markets, which could result in material losses.
If we determine that our goodwill and intangible assets have become impaired, we may incur impairment charges, which would negatively impact our operating results.
The anti-takeover provisions in our certificate of incorporation and bylaws could prevent or discourage a third party from acquiring us.
Our stock price may be volatile so you may not be able to resell your shares of our common stock at or above the price you paid for them.
Legal proceedings
We are subject to legal proceedings and claims that have not been fully resolved and that have arisen in the ordinary course of business. As of December 31, 2025, these matters have resulted in provision of approximately $300,000 on the consolidated balance sheet. We are not a party to any other legal proceedings, the adverse outcome of which, in management’s opinion, would have a material adverse effect on our results of operations or financial position.
