Ceva Inc income statement
In fiscal 2025, Ceva Inc reported revenue of $110m, up 2.5% on the year before, operating income of −$11.3m (a -10.4% margin) and net income of −$10.6m, or −$0.44 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2009Dec 2009 | 2010Dec 2010 | 2011Dec 2011 | 2012Dec 2012 | 2013Dec 2013 | 2014Dec 2014 | 2015Dec 2015 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 38 | 45 | 60 | 54 | 49 | 51 | 59 | 73 | 88 | 78 | 87 | 100 | 114 | 121 | 97 | 107 | 110 | 116 |
| Cost of revenue | 4 | 4 | 4 | 4 | 5 | 5 | 5 | 6 | 7 | 8 | 10 | 11 | 10 | 15 | 12 | 13 | 14 | 14 |
| Gross profit | 34 | 41 | 57 | 50 | 44 | 46 | 54 | 67 | 81 | 70 | 77 | 90 | 103 | 105 | 86 | 94 | 95 | 101 |
| Research and development | 17 | 18 | 22 | 20 | 21 | 26 | 28 | 31 | 40 | 48 | 53 | 62 | 69 | 70 | 73 | 72 | 75 | 78 |
| Selling and marketing | 7 | 7 | 9 | 9 | 10 | 10 | 10 | 12 | 13 | 12 | 12 | 12 | 12 | 11 | 11 | 13 | 13 | 14 |
| General and administrative | 6 | 6 | 8 | 8 | 8 | 8 | 8 | 9 | 10 | 10 | 12 | 14 | 13 | 14 | 15 | 17 | 18 | 19 |
| Operating income | 5 | 10 | 19 | 12 | 5 | 1 | 6 | 14 | 16 | −1 | −2 | −1 | 7 | 4 | −13 | −8 | −11 | −10 |
| Income before tax | 11 | 12 | 21 | 16 | 7 | 2 | 7 | 16 | 19 | 1 | 1 | 3 | 9 | 4 | −8 | −3 | −5 | −4 |
| Income tax | 2 | 1 | 3 | 2 | 1 | 3 | 1 | 3 | 2 | 1 | 1 | 5 | 7 | 18 | 10 | 6 | 6 | 7 |
| Net income | 8 | 11 | 19 | 14 | 7 | −1 | 6 | 13 | 17 | 1 | 0 | −2 | 0 | −23 | −12 | −9 | −11 | −11 |
| Diluted EPS | $0.41 | $0.51 | $0.77 | $0.59 | $0.30 | −$0.04 | $0.30 | $0.61 | $0.75 | $0.03 | $0.00 | −$0.11 | $0.02 | −$1.00 | −$0.51 | −$0.37 | −$0.44 | −$0.42 |
| Diluted shares (average) | — | 22m | 24m | 23m | 22m | 21m | 21m | 22m | 23m | 23m | 22m | 22m | 23m | 23m | 23m | 24m | 24m | 26m |
| EBITDA | 5 | 10 | 19 | 13 | 5 | 2 | 7 | 16 | 18 | 2 | 1 | 2 | 10 | 7 | −11 | −4 | −8 | −6 |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 27 | 29 | 24 | 26 | 28 | 31 | 27 | 29 |
| Cost of revenue | 4 | 3 | 3 | 4 | 3 | 4 | 4 | 4 |
| Gross profit | 23 | 26 | 21 | 22 | 25 | 28 | 23 | 25 |
| Research and development | 18 | 17 | 18 | 19 | 20 | 19 | 20 | 19 |
| Selling and marketing | 3 | 4 | 3 | 3 | 3 | 3 | 4 | 3 |
| General and administrative | 5 | 5 | 4 | 4 | 4 | 5 | 5 | 5 |
| Operating income | −3 | 0 | −4 | −4 | −2 | −0 | −5 | −2 |
| Income before tax | −0 | −0 | −2 | −3 | −1 | 1 | −3 | −1 |
| Income tax | 1 | 2 | 1 | 1 | 2 | 2 | 1 | 2 |
| Net income | −1 | −2 | −3 | −4 | −3 | −1 | −4 | −3 |
| EBITDA | −2 | 1 | −4 | −4 | −1 | 1 | −4 | −1 |
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