• General earnings of $28.4 million, up 11% sequentially and four% year-over-year
• AI processor licensing contributed roughly one-third of licensing earnings in the second one and 1/3 quarters, marking a significant milestone for Ceva’s AI industry
• Strategic NeuPro NPU portfolio license signed with Microchip; 3 unutilized AI DSP contracts expand achieve in shopper and automobile
• Ceva-powered instrument shipments reached 579 million devices, together with file wi-fi IoT shipments – led through unutilized highs in Wi-Fi 6 and cell IoT – reinforcing management in wi-fi IP

ROCKVILLE, Md., Nov. 10, 2025 /PRNewswire/ — Ceva, Inc. (NASDAQ: CEVA), the well-known licensor of silicon and device IP for the Sly Edge, nowadays introduced its monetary effects for the 1/3 quarter ended September 30, 2025.

General earnings for the 1/3 quarter of 2025 used to be $28.4 million, in comparison to $27.2 million reported for the 1/3 quarter of 2024. Licensing and indistinguishable earnings for the 1/3 quarter of 2025 used to be $16.0 million, in comparison to $15.6 million reported for a similar quarter a 12 months in the past. Royalty earnings for the 1/3 quarter of 2025 used to be $12.4 million, in comparison to $11.6 million reported for the 1/3 quarter of 2024.

Amir Panush, Govt Officer of Ceva, commented: “We exceeded expectations on both revenue and non-GAAP diluted income per share this quarter, driven by strong licensing execution and healthy royalty growth. In licensing, we secured several strategic agreements that reinforce our leadership in wireless connectivity and accelerate our expansion in AI. The headline win was a portfolio license for our full NeuPro NPU family with Microchip, one of the world’s leading microcontroller and connectivity providers. We also signed additional AI DSP agreements and secured connectivity design wins for Wi-Fi 7 and Bluetooth High Data Throughput IP. With AI processor licensing now contributing meaningfully and wireless IoT shipments at record highs, Ceva is well positioned for sustainable growth as a foundational technology provider of intelligent, connected devices – leading the way in enabling Physical AI at the edge.”

Throughout the quarter, twelve IP licensing contracts had been finished, concentrated on a large length of stop markets and programs, together with NPU for AI throughout business, shopper, automobile and alternative stop markets, AI DSP for automobile ADAS and residential home equipment, communications DSPs for vehicle-2-everything (V2X) and satellite tv for pc, and Bluetooth and Wi-Fi connectivity for a large length of shopper, wearables, impish house and business impish edge units. One of the most do business in signed used to be with a first-time buyer and one used to be with a significant international shopper OEM.

GAAP rude margin for the 1/3 quarter of 2025 used to be 88%, in comparison to 85% within the 1/3 quarter of 2024. GAAP running loss for the 1/3 quarter of 2025 used to be $2.1 million, as in comparison to a GAAP running lack of $2.6 million for a similar duration in 2024. GAAP internet loss for the 1/3 quarter of 2025 used to be $2.5 million, as in comparison to a GAAP internet lack of $1.3 million reported for a similar duration in 2024. GAAP diluted loss in line with proportion for the 1/3 quarter of 2025 used to be $0.10, as in comparison to GAAP diluted loss in line with proportion of $0.06 for a similar duration in 2024.

Non-GAAP rude margin for the 1/3 quarter of 2025 used to be 89%, as in comparison to 87% for a similar duration in 2024. Non-GAAP running source of revenue for the 1/3 quarter of 2025 used to be $3.1 million, as in comparison to non-GAAP running source of revenue of $2.1 million reported for the 1/3 quarter of 2024. Non-GAAP internet source of revenue and diluted source of revenue in line with proportion for the 1/3 quarter of 2025 had been $2.7 million and $0.11, respectively, in comparison with non-GAAP internet source of revenue and diluted source of revenue in line with proportion of $3.4 million and $0.14, respectively, reported for the 1/3 quarter of 2024. 

Yaniv Arieli, Monetary Officer of Ceva, added: “AI processor licensing contributed approximately one-third of licensing revenue in both the second and third quarters of 2025, marking a major milestone for our AI business. These wins are multi-year agreements that we believe provide good visibility into future revenue streams. Royalty revenue grew 16% sequentially and 6% year-over-year, driven by record wireless IoT shipments, including new highs in Wi-Fi 6 and cellular IoT. We remain focused on disciplined expense management and profitability improvement. In addition, we were active in our share repurchase program, buying back 40,295 shares for approximately $1 million in the quarter, and approximately $7.2 million year-to-date.”

Ceva Convention Name
On November 10, 2025, Ceva control will habits a convention name at 8:30 a.m. Jap Age to speak about the running efficiency for the quarter.

The convention name might be to be had by means of please see dial in numbers:

• U.S. Members : Dial 1-844-435-0316 (Get entry to Code : Ceva)
• World Members: Dial +1-412-317-6365 (Get entry to Code: Ceva)

The convention name can also be to be had are living by means of webcast at please see hyperlink: https://app.webinar.net/ePpLk12BRaDhttps://app.webinar.net/GvAklQElMmj. Please progress to the internet website a minimum of fifteen mins previous to the decision to sign in.

For many who can not get entry to the are living broadcast, a replay might be to be had through dialing +1-877-344-7529 or +1-412-317-0088 (get entry to code: 3968730) from one occasion next the top of the decision till 9:00 a.m. (Jap Age) on November 17, 2025. The replay can also be to be had at Ceva’s internet website at www.ceva-ip.com.

Ahead Having a look Statements
This press let go comprises forward-looking statements that contain dangers and uncertainties, in addition to suppositions that in the event that they materialize or turn out unsuitable, may reason the result of Ceva to range materially from the ones expressed or implied through such forward-looking statements and suppositions. Ahead-looking statements come with statements about Ceva’s positioning for sustainable expansion and to provide as a foundational generation supplier for clever, attached units, licensing word wins all the way through the second one and 1/3 quarters of 2025 offering just right visibility into age earnings streams, and Ceva’s focal point on expense control and profitability growth. The hazards, uncertainties and suppositions that might reason differing Ceva effects come with: the impact of intense trade festival; the facility of Ceva’s applied sciences and merchandise incorporating Ceva’s applied sciences to succeed in marketplace acceptance; Ceva’s talent to fulfill converting wishes of end-users and evolving marketplace calls for; the long gross sales cycle for IP and indistinguishable answers; Ceva’s talent to diversify royalty streams and license revenues; geopolitical dangers and instability, together with the have an effect on of price lists and alternative industry measures and possible disruptions indistinguishable to ongoing conflicts within the Center East; and common marketplace situations and alternative dangers when it comes to Ceva’s industry and trade, together with, however no longer restricted to, the ones which might be described from moment to moment in our SEC filings. Ceva assumes disagree legal responsibility to replace any forward-looking statements or data, which talk as in their respective dates.

Non-GAAP Monetary Measures
Non-GAAP rude margin for the 1/3 quarters of 2025 and 2024 excluded: (a) equity-based reimbursement bills of $0.2 million and (b) amortization of bought intangibles of $0.1 million.

Non-GAAP running source of revenue for the 1/3 quarter of 2025 excluded: (a) equity-based reimbursement bills of $4.9 million, (b) the have an effect on of the amortization of bought intangibles of $0.2 million and (c) $0.1 million of prices related to asset acquisition. Non-GAAP running source of revenue for the 1/3 quarter of 2024 excluded: (a) equity-based reimbursement bills of $4.2 million, (b) the have an effect on of the amortization of bought intangibles of $0.3 million and (c) $0.3 million of prices related to asset acquisition.

Non-GAAP internet source of revenue and diluted source of revenue in line with proportion for the 1/3 quarter of 2025 excluded: (a) equity-based reimbursement bills of $4.9 million, (b) the have an effect on of the amortization of bought intangibles of $0.2 million and (c) $0.1 million of prices related to asset acquisition. Non-GAAP internet source of revenue and diluted source of revenue in line with proportion for the 1/3 quarter of 2024 excluded: (a) equity-based reimbursement bills of $4.2 million, (b) the have an effect on of the amortization of bought intangibles of $0.3 million, (c) $0.3 million of prices related to asset acquisitions and (d) Source of revenue of $0.02 million related to the remeasurement of marketable fairness securities.

About Ceva, Inc.
At Ceva, we’re bringing unutilized ranges of innovation to the smart edge. Our wireless communications, sensing and Edge AI applied sciences are on the middle of a few of nowadays’s maximum complicated impish edge merchandise. From Bluetooth, Wi-Fi, UWB and 5G platform IP for ubiquitous, tough communications, to scalable Edge AI NPU IPs, sensor fusion processors and embedded software device that put together units smarter, we’ve got the broadest portfolio of IP to fasten, sense and infer information extra reliably and successfully. We ship differentiated answers that mix remarkable efficiency at ultra-low energy inside an overly little silicon footprint. Our function is discreet – in order the silicon and device IP to allow a wiser, more secure, and extra interconnected international. This philosophy is in observe nowadays, with Ceva powering greater than 20 billion of the arena’s maximum cutting edge impish edge merchandise from AI-infused smartwatches, IoT units and wearables to independent cars and 5G cell networks.

Our headquarters are in Rockville, Maryland with an international buyer bottom supported through operations international. Our workers are a number of the well-known mavens of their subjects of forte, constantly fixing probably the most complicated design demanding situations, enabling our shoppers in order cutting edge impish edge merchandise to marketplace.

Ceva is dedicated to being a accountable and revered world company citizen and a extra sustainable corporate within the nations the place we’ve got operations and workers.  We adhere to our Code of Industry Habits and Ethics and emphasize and concentrate on environmental controls, useful resource conservation and recycling and the welfare of our workers.

Ceva: Powering the Sly Edge™

Talk over with us at www.ceva-ip.com and practice us on LinkedIn, X, YouTube,Facebook, and Instagram.

SOURCE Ceva, Inc.