NASDAQ$CEVA

Ceva Inc. · Q2 2025 earnings

Q2 2025 earnings · · Before market open · Investor relations

Briefing

Ceva Inc. reported Q2 2025 results with total revenue of $25.7 million and a net loss of $3.7 million.

Ceva reported lower year-over-year revenue in Q2 2025 driven by reduced licensing and royalty contributions amid softer smartphone demand. The company secured multiple Edge AI NPU licensing deals and saw sequential royalty growth in consumer IoT categories. Management lowered full-year 2025 revenue guidance to low-single-digit growth due to macroeconomic uncertainty and tariffs.

  • Total Q2 revenue declined 10% YoY to $25.7 million with licensing revenue at $15.0 million and royalties at $10.7 million.
  • Net loss widened to $3.7 million ($0.15 per share) from $0.3 million in Q2 2024.
  • Four new NeuPro NPU licensing agreements signed, marking entry into broad Edge AI adoption phase.
  • Full-year 2025 revenue guidance lowered to low-single-digit growth over 2024 amid macro headwinds.

Headline financials

Total Revenue

$25.7M

Previous: $28.4M-9.7%
EPS (adj)

-$0.15

Previous: -$0.01-1400.0%
Capital Expenditures

-$1M

Previous: -$1.51M+33.7%
Net Income

-$3.7M

Previous: -$291K-1172.9%
Operating Income

-$4.48M

Previous: -$35K-12705.7%
Gross Profit

$22.1M

Previous: $25.5M-13.2%
Cash & Equivalents

$29.1M

No prior period
Total Assets

$303M

No prior period

Revenue & EPS history

Ceva · Revenue · Quarterly

$25.7M

Q2 2025-9.7%vs Q2 2024
Beat estimate in 6 of 16 quarters(38%)
ActualEstimate

Revenue by segment

Ceva · $25.7M total across 2 segments · Q2 2025

  • Licensing and related revenues
    $15M
  • Royalties
    $10.7M

Forward guidance

Management lowered 2025 revenue guidance to low-single-digit growth over 2024 due to macro uncertainty and tariffs while remaining optimistic on long-term royalty growth.

Tailwinds

  • Four new NeuPro NPU deals signed in Q2 demonstrating AI adoption
  • Record Wi-Fi 6 and cellular IoT shipments in consumer IoT
  • Sequential royalty growth of 16% expected to continue

Headwinds

  • Lower than anticipated Q1 revenues prompted guidance reduction
  • Softness in lower-end smartphone market impacting royalties
  • Tariffs and trade policy uncertainty adding volatility

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 18 quarterly earnings reports

Historical avg

-1.0%

Avg return

Earnings day

-1.2%

Avg return

5 days after

-2.6%

Avg return

30 days after

43%

28 / 65 earnings

Positive

+26.8%

Q2 2024

Best reaction

-20.8%

Q4 2015

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q2 2025
Q1 2026-0.4%-1.3%+11.1%
Q4 2025-9.8%-14.2%-16.3%
Q3 2025-0.6%-6.1%-10.9%
Q1 2025-20.0%-18.8%-23.6%
Q4 2024+10.2%+12.8%-2.7%
Q3 2024+12.3%+11.2%+25.7%
Q2 2024+26.8%+25.1%+42.7%
Q1 2024-7.4%-5.1%-5.2%
Q4 2023+21.3%+14.2%+14.8%
Q3 2023-8.2%-2.1%+6.0%
Q2 2023-12.5%-17.4%-8.4%
Q1 2023-15.4%-13.3%-1.2%
Q4 2022-5.8%-4.7%-15.4%
Q3 2022-3.8%-4.4%-8.6%
Q2 2022-10.8%-8.9%-25.2%
Q1 2022-6.0%+1.0%+4.8%
Q4 2021+13.2%+8.4%+5.5%
Q3 2021-7.4%-2.8%-9.2%
Q2 2021-6.1%-10.8%-10.0%
Q1 2021-12.3%-18.1%-15.0%
Q4 2020+2.1%+0.6%-19.2%
Q3 2020-0.8%-4.2%-4.6%
Q2 2020+1.7%+1.8%-9.2%
Q1 2020-3.3%-5.7%+3.7%
Q4 2019+20.2%+11.4%-25.9%
Q3 2019-0.8%+0.4%-2.1%
Q2 2019+13.3%+19.4%+16.2%
Q1 2019-3.8%-4.3%-5.5%
Q4 2018-11.0%-6.9%-8.2%
Q3 2018+4.7%+0.6%-6.6%
Q2 2018-12.3%-9.1%-7.4%
Q1 2018-11.7%-7.7%-0.6%
Q4 2017-10.7%-9.7%-1.7%
Q3 2017-6.5%-3.3%-2.8%
Q2 2017-6.0%-5.4%-11.1%
Q1 2017+12.7%+20.6%+20.7%
Q4 2016-5.0%+0.6%-5.4%
Q3 2016+1.0%+2.0%-1.0%
Q2 2016+10.2%+7.5%+9.2%
Q1 2016+15.8%
Q4 2015-20.8%
Q3 2015+5.4%
Q2 2015+8.8%
Q1 2015-10.5%
Q4 2014+7.4%
Q3 2014-0.1%
Q2 2014-1.8%
Q1 2014+0.4%
Q4 2013+9.8%
Q3 2013+3.2%
Q2 2013+1.7%
Q1 2013+1.1%
Q4 2011-0.4%
Q4 2012-14.3%
Q3 2012+0.5%
Q2 2012-4.0%
Q1 2011-0.2%
Q1 2012-20.6%
Q4 2009+1.4%
Q3 2011-7.3%
Q3 2010-7.3%
Q2 2011+2.2%
Q2 2010+2.2%
Q4 2010+2.2%
Q1 2010+8.2%

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