Quarterly ResultMay 11, 2026, 07:12 AM
Ceva Q1 Revenue Up 11% to $27.0M; Licensing Revenue +18%
AI Summary
Ceva, Inc. announced strong first-quarter 2026 financial results, with total revenues increasing 11% year-over-year to $27.0 million, driven by an 18% rise in licensing and related revenues to $17.8 million, the highest in three years. The company signed 14 IP licensing agreements and saw AI contribute over 20% of licensing revenues, with key production milestones in automotive. Despite this, GAAP net loss widened to $4.5 million, and non-GAAP net income decreased to $1.1 million.
Key Highlights
- Total revenues increased 11% year-over-year to $27.0 million.
- Licensing and related revenues rose 18% year-over-year to $17.8 million, a three-year high.
- Royalty revenues were $9.2 million, with smart edge royalties up 8% year-over-year.
- Signed 14 IP licensing agreements, including a major Bluetooth HDT solution win.
- AI contributed over 20% of licensing and related revenues.
- GAAP net loss was $4.5 million, and diluted loss per share was $0.16.
- Non-GAAP net income was $1.1 million, and diluted earnings per share were $0.04.
- AI DSP and accelerator deployed in Renesas R-Car V4H platform for 2026 Toyota RAV4.