Financial Statements — CEVA
Balance Sheet
(in millions USD)| Metric | Q1
2026 | Q3
2025 | Q2
2025 | Q1
2025 | Q3
2024 | Q2
2024 | Q1
2024 | Q3
2023 | Q2
2023 | Q1
2023 | Q3
2022 | Q2
2022 | Q1
2022 | Q3
2021 | Q2
2021 | Q1
2021 |
|---|
| Cash & Equivalents | 21.37 | 17.27 | 29.08 | 18.81 | 13.23 | 24.70 | 21.22 | 17.08 | 27.51 | 24.48 | 29.51 | 19.29 | 39.78 | 34.28 | 26.71 | 53.66 |
| Short-term Investments | -- | -- | -- | -- | -- | 0.29 | 0.35 | 0.33 | 0.17 | 0.29 | 0.65 | 1.10 | 1.79 | -- | -- | -- |
| Accounts Receivable | 48.87 | 49.70 | 36.68 | 40.82 | 38.63 | 35.66 | 33.64 | 31.06 | 31.87 | 35.01 | 26.76 | 27.96 | 23.51 | 26.58 | 26.70 | 24.63 |
| Total Current Assets | 280.86 | 214.41 | 208.81 | 216.99 | 210.71 | 207.27 | 205.77 | 171.26 | 175.27 | 180.56 | 171.17 | 173.57 | 197.30 | 180.19 | 161.25 | 178.67 |
| Property, Plant & Equipment | 9.01 | 6.01 | 6.48 | 6.58 | 6.88 | 6.84 | 7.16 | 6.73 | 6.87 | 6.70 | 7.37 | 7.61 | 7.84 | 6.84 | 7.42 | 7.83 |
| Goodwill | 58.31 | 58.31 | 58.31 | 58.31 | 58.31 | 58.31 | 58.31 | 58.31 | 76.77 | 74.78 | 74.78 | 74.78 | 74.78 | 75.51 | 75.98 | 51.07 |
| Intangible Assets | 0.87 | 1.25 | 1.46 | 1.67 | 2.13 | 2.41 | 2.69 | 3.25 | 6.91 | 6.00 | 7.55 | 12.27 | 13.44 | 13.83 | 14.75 | 10.19 |
| Total Non-current Assets | 107.36 | 91.61 | 94.03 | 93.01 | 94.18 | 93.14 | 95.67 | 124.73 | 125.00 | 130.57 | 123.65 | 145.84 | 137.74 | 137.53 | 149.38 | 136.86 |
| Total Assets | 388.23 | 306.01 | 302.84 | 309.99 | 304.89 | 300.40 | 301.44 | 295.99 | 300.27 | 311.13 | 294.81 | 319.41 | 335.04 | 317.71 | 310.63 | 315.53 |
| Total Current Liabilities | 27.37 | 24.71 | 24.34 | 29.13 | 27.72 | 24.98 | 26.76 | 25.69 | 26.13 | 35.04 | 28.06 | 31.59 | 40.79 | 30.64 | 29.28 | 36.92 |
| Total Non-current Liabilities | 22.67 | 12.59 | 12.61 | 11.73 | 11.40 | 11.63 | 12.34 | 13.60 | 15.56 | 16.23 | 14.46 | 14.10 | 16.17 | 17.33 | 16.33 | 16.97 |
| Total Liabilities* | 50.04 | 37.30 | 36.95 | 40.86 | 39.12 | 36.62 | 39.09 | 39.29 | 41.69 | 51.26 | 42.52 | 45.69 | 56.96 | 47.97 | 45.61 | 53.88 |
| Retained Earnings | (4.48) | 1.10 | 3.66 | 7.36 | 12.96 | 14.27 | 14.65 | 16.40 | 21.36 | 27.29 | 30.22 | 52.53 | 53.76 | 51.66 | 51.88 | 51.57 |
| Total Stockholder Equity | 338.18 | 268.72 | 265.89 | 269.13 | 265.77 | 263.79 | 262.35 | 256.70 | 258.58 | 259.87 | 252.30 | 273.71 | 278.08 | 269.74 | 265.02 | 261.65 |
* Derived from reported values
Income Statement
(in millions USD) (except per-share rows)| Metric | Q1
2026 | Q4
2025 | Q3
2025 | Q2
2025 | Q1
2025 | Q4
2024 | Q3
2024 | Q2
2024 | Q1
2024 | Q4
2023 | Q3
2023 | Q2
2023 | Q1
2023 | Q4
2022 | Q3
2022 | Q2
2022 | Q1
2022 | Q4
2021 | Q3
2021 | Q2
2021 |
|---|
| Total Revenue | 27.02 | 31.29 | 28.38 | 25.68 | 24.25 | 29.22 | 27.21 | 28.44 | 22.07 | 18.44 | 24.07 | 26.17 | 28.74 | 33.40 | 33.66 | 33.20 | 34.39 | 34.06 | 32.79 | 30.46 |
| Cost of Revenue | 3.73 | 3.73 | 3.39 | 3.55 | 3.49 | 3.37 | 3.96 | 2.93 | 2.50 | (1.60) | 2.36 | 5.57 | 5.32 | 5.88 | 7.95 | 6.83 | 6.40 | 5.92 | 4.83 | 3.69 |
| Gross Profit | 23.30 | 27.56 | 24.99 | 22.13 | 20.76 | 25.85 | 23.25 | 25.50 | 19.57 | 20.04 | 21.72 | 20.60 | 23.42 | 27.53 | 25.71 | 26.37 | 27.99 | 28.13 | 27.96 | 26.76 |
| Research & Development | 19.84 | 18.93 | 19.53 | 18.76 | 17.61 | 16.88 | 17.99 | 18.76 | 17.99 | 14.49 | 17.81 | 19.59 | 20.79 | 20.28 | 18.47 | 19.54 | 20.21 | 18.69 | 18.76 | 17.46 |
| Selling, General & Admin | 4.66 | 5.40 | 4.38 | 4.38 | 3.93 | 5.13 | 4.64 | 3.54 | 3.57 | 3.09 | 3.61 | 4.17 | 4.05 | 4.49 | 3.56 | 3.64 | 3.64 | 3.76 | 3.50 | 4.16 |
| Total Operating Expenses | 28.38 | 27.96 | 27.08 | 26.61 | 25.14 | 25.78 | 25.87 | 25.54 | 24.53 | 19.72 | 24.43 | 26.87 | 28.21 | 29.10 | 29.74 | 26.65 | 27.52 | 26.58 | 26.27 | 25.18 |
| Operating Income | (5.08) | (0.40) | (2.08) | (4.48) | (4.38) | 0.07 | (2.62) | (0.04) | (4.96) | 0.32 | (2.72) | (6.27) | (4.79) | (1.57) | (4.03) | (0.28) | 0.47 | 1.56 | 1.69 | 1.59 |
| Pretax Income | (3.14) | 1.05 | (0.84) | (2.57) | (2.34) | -0.00 | (0.30) | 1.31 | (3.76) | 2.15 | (1.63) | (5.27) | (3.45) | 0.20 | (4.38) | (0.55) | (0.38) | 3.39 | 1.65 | 1.94 |
| Tax Provision | 1.32 | 2.15 | 1.67 | 1.14 | 0.99 | 1.74 | 1.01 | 1.60 | 1.69 | 7.15 | 1.12 | 0.55 | 1.42 | (1.74) | 17.93 | 0.57 | 1.32 | (0.49) | 1.81 | 1.63 |
| Net Income | (4.46) | (1.10) | (2.51) | (3.70) | (3.33) | (1.74) | (1.31) | (0.29) | (5.45) | 3.77 | (4.96) | (5.82) | (4.87) | 1.94 | (22.30) | (1.12) | (1.70) | 3.88 | (0.17) | 0.32 |
| Basic EPS | (0.16) | (0.05) | (0.10) | (0.15) | (0.14) | (0.07) | (0.06) | (0.01) | (0.23) | 0.16 | (0.21) | (0.25) | (0.21) | 0.08 | (0.96) | (0.05) | (0.07) | 0.18 | (0.01) | 0.01 |
| Diluted EPS | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | (0.21) | 0.08 | (0.96) | (0.05) | (0.07) | 0.18 | (0.01) | 0.01 |
Cash Flow Statement
(in millions USD)| Metric | Q1
2026 | Q4
2025 | Q3
2025 | Q2
2025 | Q1
2025 | Q4
2024 | Q3
2024 | Q2
2024 | Q1
2024 | Q4
2023 | Q3
2023 | Q2
2023 | Q1
2023 | Q4
2022 | Q3
2022 | Q2
2022 | Q1
2022 | Q4
2021 | Q3
2021 | Q2
2021 |
|---|
| Operating Cash Flow | (4.88) | 8.72 | (5.86) | 1.18 | (7.40) | 8.04 | 0.40 | 2.38 | (7.35) | 4.81 | (1.28) | (4.79) | (5.08) | 3.40 | 1.82 | (8.11) | 9.82 | 10.97 | 6.41 | (6.76) |
| Capital Expenditures | 2.32 | 1.49 | 0.43 | 0.69 | 0.31 | 1.03 | 0.41 | 0.61 | 0.90 | 0.76 | 0.89 | 1.13 | 0.11 | 0.57 | 0.82 | 1.19 | 0.91 | 0.69 | 0.25 | 0.20 |
| Free Cash Flow* | (7.20) | 7.23 | (6.28) | 0.49 | (7.71) | 7.01 | (0.01) | 1.77 | (8.25) | 4.05 | (2.17) | (5.91) | (5.18) | 2.82 | 1.00 | (9.31) | 8.91 | 10.28 | 6.16 | (6.96) |
| Investing Cash Flow | (15.81) | (48.60) | (6.18) | 14.55 | 6.23 | (1.38) | (9.24) | 3.09 | 5.10 | 3.62 | (7.16) | 7.83 | 6.54 | (11.79) | 8.93 | (7.44) | (4.81) | (12.07) | (0.41) | (20.44) |
| Financing Cash Flow | 1.55 | 63.26 | 0.61 | (5.89) | 1.36 | (1.00) | (2.85) | (2.00) | 0.28 | (3.16) | (1.28) | 0.00 | 1.67 | 0.00 | (0.57) | (4.46) | 1.72 | 0.00 | 1.67 | 0.00 |
* Derived from reported values
