Ceva Inc SEC Filings

Ceva, Inc. reported fourth‑quarter and full‑year 2025 results, led by record fourth‑quarter revenue of $31.3 million and full‑year revenue of $109.6 million. Licensing and related revenue reached $17.5 million in the quarter, with royalties contributing $13.8 million.

The company still posted a GAAP net loss of $10.6 million for 2025, or $(0.44) per share, but non‑GAAP net income improved to $10.8 million, and non‑GAAP diluted EPS rose to $0.42. Ceva cited 18% non‑GAAP operating margin in Q4 and stronger mix.

Ceva signed 54 licensing agreements in 2025 and saw a record 2.1 billion Ceva‑powered devices shipped, including 1.1 billion Bluetooth units and record Wi‑Fi and cellular IoT shipments. The company also completed a follow‑on equity offering, raising about $63 million net to bolster its cash and investment balances.

State Street Corporation filed a Schedule 13G reporting a passive ownership stake in CEVA Inc. common stock as of 12/31/2025. State Street reports beneficial ownership of 1,092,197 shares, representing 4% of CEVA’s common stock. It has shared voting power over 1,030,802 shares and shared dispositive power over 1,092,197 shares, with no sole voting or dispositive authority. The filing states the shares were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of CEVA.

The Vanguard Group reports beneficial ownership of 2,365,091 shares of CEVA Inc common stock, representing 8.75% of the class as of the event date. Vanguard has shared voting power over 192,932 shares and shared dispositive power over all 2,365,091 shares.

The shares are held for Vanguard’s clients, who are entitled to dividends and sale proceeds, with no single client holding more than 5% of the class. Vanguard states the position is held in the ordinary course of business and not for the purpose of changing or influencing control of CEVA. The filing also notes an internal realignment on January 12, 2026, after which certain subsidiaries may report beneficial ownership separately.

BlackRock, Inc. filed Amendment No. 7 to a Schedule 13G reporting its passive ownership in CEVA Inc. common stock. As of 12/31/2025, BlackRock’s reporting business units beneficially owned 1,871,507 CEVA shares, representing 6.9% of the outstanding common stock.

BlackRock reports sole voting power over 1,821,974 shares and sole dispositive power over 1,871,507 shares, with no shared voting or dispositive power. The filing notes that various underlying persons have rights to dividends or sale proceeds, but no single person has more than five percent of CEVA’s outstanding common shares. BlackRock certifies the position is held in the ordinary course of business and not for the purpose of changing or influencing control of CEVA.

BlackRock, Inc. filed Amendment No. 7 to a Schedule 13G reporting its passive ownership in CEVA Inc. common stock. As of 12/31/2025, BlackRock’s reporting business units beneficially owned 1,871,507 CEVA shares, representing 6.9% of the outstanding common stock.

BlackRock reports sole voting power over 1,821,974 shares and sole dispositive power over 1,871,507 shares, with no shared voting or dispositive power. The filing notes that various underlying persons have rights to dividends or sale proceeds, but no single person has more than five percent of CEVA’s outstanding common shares. BlackRock certifies the position is held in the ordinary course of business and not for the purpose of changing or influencing control of CEVA.

Ceva, Inc. announced a firm underwritten common stock offering, entering into an agreement with J.P. Morgan Securities LLC and other underwriters to sell 3,000,000 shares of its common stock at a public offering price of $19.50 per share. The company also granted the underwriters a 30-day option to purchase up to an additional 450,000 shares. The shares are being issued under an existing shelf registration statement on Form S-3, and the closing of the offering is expected to occur on November 20, 2025. Legal counsel Morrison & Foerster LLP provided an opinion on the legality of the shares, and Ceva issued press releases announcing the commencement and pricing of the offering.

Ceva, Inc. is conducting a primary offering of 3,000,000 shares of common stock at $19.50 per share, raising $58.5 million in gross proceeds. After underwriting discounts and estimated expenses, Ceva expects net proceeds of approximately $54.9 million, or about $63.2 million if underwriters exercise their 450,000‑share option in full. Shares outstanding would rise from 24,016,853 as of September 30, 2025 to 27,016,853, or 27,466,853 with the option fully exercised.

Ceva plans to use the cash mainly to increase financial flexibility, fund potential acquisitions or investments that complement its Physical AI and edge AI IP business, and support working capital, capital expenditures, share repurchases and other general corporate purposes. The company, which reported 2024 revenue of $106.9 million and a net loss of $8.8 million, highlights that investors in this deal will experience immediate dilution, as the $19.50 offering price exceeds the September 30, 2025 net tangible book value of $8.71 per share.

Ceva, Inc. is conducting a primary offering of 3,000,000 shares of common stock, with an option for underwriters to buy up to an additional 450,000 shares. The shares are expected to price around $24.57, the recent Nasdaq trading price for CEVA, generating estimated net proceeds of about $69.3 million, or $79.8 million if the option is fully exercised.

After the offering, Ceva expects to have 27,016,853 shares outstanding, based on 24,016,853 shares outstanding as of September 30, 2025. The company plans to use the cash mainly to strengthen its balance sheet and fund potential acquisitions or investments in technologies or businesses that complement its Physical AI and edge AI IP platform, and may also allocate funds to working capital, capital spending, share repurchases and other general corporate purposes.

Ceva highlights that buying in this deal will cause immediate dilution, estimating net tangible book value will rise from $8.71 to $10.31 per share, versus an assumed offering price of $24.57 per share, implying dilution of about $14.26 per share for new investors.

Ceva, Inc. is conducting a primary offering of 3,000,000 shares of common stock, with an option for underwriters to buy up to an additional 450,000 shares. The shares are expected to price around $24.57, the recent Nasdaq trading price for CEVA, generating estimated net proceeds of about $69.3 million, or $79.8 million if the option is fully exercised.

After the offering, Ceva expects to have 27,016,853 shares outstanding, based on 24,016,853 shares outstanding as of September 30, 2025. The company plans to use the cash mainly to strengthen its balance sheet and fund potential acquisitions or investments in technologies or businesses that complement its Physical AI and edge AI IP platform, and may also allocate funds to working capital, capital spending, share repurchases and other general corporate purposes.

Ceva highlights that buying in this deal will cause immediate dilution, estimating net tangible book value will rise from $8.71 to $10.31 per share, versus an assumed offering price of $24.57 per share, implying dilution of about $14.26 per share for new investors.

Ceva, Inc. (CEVA) reported third‑quarter 2025 results showing modest growth with continued losses. Revenue for the quarter was $28.4 million, up from $27.2 million a year ago, led by licensing and related revenue of $16.0 million and royalties of $12.4 million. The company posted a net loss of $2.5 million versus a $1.3 million loss a year earlier as operating expenses rose.

For the nine months, revenue reached $78.3 million (from $77.7 million), with licensing at $46.1 million and royalties at $32.2 million. Net loss widened to $9.5 million from $7.1 million. Cash from operations was an outflow of $12.1 million. Liquidity remained solid with $17.3 million in cash and cash equivalents and $132.0 million in marketable securities as of September 30, 2025.

Asia Pacific was the largest region at $57.3 million year‑to‑date, including $44.6 million from China. Trade receivables rose to $49.7 million, including higher unbilled balances tied to contracts. The company repurchased $7.2 million of shares year‑to‑date and recorded $14.1 million of equity‑based compensation. Ceva signed a new Israel office lease adding approximately $9.9 million of future commitments; as of quarter‑end, the lease had not commenced.

CEVA, Inc. reported its financial results for the quarter ended September 30, 2025, and furnished materials via an 8‑K. The company attached an earnings press release (Exhibit 99.1) and the conference call script (Exhibit 99.2).

The materials include non‑GAAP metrics for the third quarter, such as gross margin, operating income, net income, and diluted EPS. Adjustments for 2025 exclude equity‑based compensation, amortization of acquired intangibles, and costs associated with an asset acquisition. For 2024, adjustments also exclude costs associated with business acquisitions and income from remeasurement of marketable equity securities. The exhibits are furnished, not filed, and are not incorporated by reference unless expressly stated.

Ceva, Inc. reported six-month revenue of $49.9 million, roughly flat vs. $50.5 million a year earlier, with licensing up to $30.1 million and royalties down to $19.9 million. The company recorded a six-month net loss of $7.0 million (basic and diluted loss per share $0.30), and an operating loss of $8.9 million, wider than the prior-year period.

Liquidity strengthened: cash and cash equivalents rose to $29.1 million from $18.5 million, aided by maturities and a $3.47 million escrow release from the prior sale of Intrinsix. The balance sheet shows $125.6 million in marketable securities and total assets of $302.8 million. Management disclosed a lowered revenue guidance for 2025 and noted continued licensing momentum including multiple NeuPro NPU deals and record Wi‑Fi 6 chip shipments.