Ceva Q3 2025 revenue $28.4M (+4% YoY); non-GAAP EPS $0.11; AI licensing milestone

CEVA INC

Licensing revenue $16.0M (+3% YoY); royalty revenue $12.4M (+7% YoY). GAAP net loss $2.5M ($0.10 loss per share).
Non-GAAP net income $2.7M ($0.11 diluted EPS); non-GAAP operating income $3.1M, up from $2.1M a year ago.
AI processor licensing contributed ~1/3 of licensing revenue in Q2 and Q3, a major milestone. Portfolio NeuPro NPU license signed with Microchip.
Ceva-powered device shipments reached 579M units; record wireless IoT shipments including new highs in Wi-Fi 6 and cellular IoT.
Repurchased 40,295 shares for $1M in Q3; $7.2M year-to-date. Twelve IP licensing agreements completed in the quarter.

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