earnings
confidence high
sentiment positive
materiality 0.75
Ceva Q1 revenue $27.0M (+11% YoY); licensing revenue highest in 3 years at $17.8M
CEVA INC
- GAAP net loss $4.5M ($0.16 diluted EPS); non-GAAP net income $1.1M ($0.04 diluted EPS).
- Royalty revenue $9.2M; smart edge royalties up 8% YoY driven by record Wi-Fi shipments.
- AI contributed >20% of licensing revenue; Renesas R-Car V4H platform enters 2026 Toyota RAV4.
- Signed 14 IP licensing agreements including multi-technology deals and Bluetooth HDT with RF.
- Collaboration with NXP for software-defined vehicle processors; expanding into 5G NTN and UWB.