Ceva Inc 8-K, filed Nov 9, 2026

Ceva Inc (CEVA)

8-K 2026-11-09 For: 2026-11-09

Added on November 09, 2026

About this 8-K

Ceva Inc filed this 8-K on November 9, 2026.

Ceva, Inc. reported third-quarter revenue of $29.1 million, up 2% YoY, for the quarter ended September 30, 2026. Royalty revenue rose 18% sequentially, AI licensing exceeded 35% of licensing and related revenues, and GAAP net loss was $2.3 million. AI summary

Items reported

Item 2.02: Financial results
Item 9.01: Financial statements and exhibits

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Delaware	000-49842	77-0556376
(State or Other Jurisdiction of Incorporation)	(Commission File Number)	(I.R.S. Employer Identification No.)

☐	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Title of each class		Trading Symbol(s)		Name of each exchange on which registered
Common Stock, $0.001 par value		CEVA		Nasdaq Global Select Market

Exhibit Number			Description

99.1			Earnings release of Ceva, Inc., dated November 9, 2026
104			Cover Page Interactive Data File (formatted as inline XBRL and contained in Exhibit 101)

	CEVA, INC.

Date: November 9, 2026	By:	/s/ Yaniv Arieli
	Name:	Yaniv Arieli
	Title:	Chief Financial Officer

	●	Total revenues of $29.1 million, up 2% YoY.
	●	Licensing and related revenues of $16.3 million, up 2% YoY.
	●	Record AI licensing revenues, accounting for more than 35% of total licensing and related revenues.
	●	Royalty revenues of $12.7 million, up 3% YoY and 18% sequentially.
	●	623 million Ceva-powered devices shipped by customers, matching all-time quarterly record, including record cellular IoT and Wi-Fi 6 shipments.

	●	GAAP gross margin was 85%, as compared to GAAP gross margin of 88%
	●	GAAP operating loss was $3.5 million, as compared to a GAAP operating loss of $2.1 million
	●	GAAP net loss was $2.3 million, as compared to a GAAP net loss of $2.5 million
	●	GAAP diluted loss per share was $0.08, as compared to GAAP diluted loss per share of $0.10
	●	Non-GAAP gross margin was 86%, as compared to non-GAAP gross margin of 89%
	●	Non-GAAP operating income was $2.5 million, as compared to non-GAAP operating income of $3.1 million
	●	Non-GAAP net income and non-GAAP diluted earnings per share were $3.8 million and $0.13, respectively, as compared to non-GAAP net income and non-GAAP diluted earnings per share of $2.7 million and $0.11, respectively

	●	U.S. Participants: Dial +1 844-435-0316 (Access Code: Ceva)
	●	International Participants: Dial +1 412-317-6365 (Access Code: Ceva)

	Three months ended						Nine months ended
	September 30,						September 30,
	2026			2025			2026			2025
	Unaudited			Unaudited			Unaudited			Unaudited
Revenues:
Licensing and related revenues	$	16,338		$	16,028		$	52,379		$	46,092
Royalties		12,725			12,356			32,741			32,215

Total revenues		29,063			28,384			85,120			78,307

Cost of revenues		4,252			3,392			11,627			10,428

Gross profit		24,811			24,992			73,493			67,879

Operating expenses:
Research and development, net		18,128			19,532			57,297			55,899
Sales and marketing		3,935			3,012			10,980			9,783
General and administrative		6,154			4,383			15,557			12,697
Amortization of intangible assets		110			149			336			448
Total operating expenses		28,327			27,076			84,170			78,827

Operating loss		(3,516	)		(2,084	)		(10,677	)		(10,948	)
Financial income, net		2,301			1,245			5,156			5,466
Remeasurement of marketable equity securities		(16	)		1			72			(261	)

Loss before taxes on income		(1,231	)		(838	)		(5,449	)		(5,743	)
Income tax expense		1,070			1,671			4,221			3,797
Net loss	$	(2,301	)	$	(2,509	)	$	(9,670	)	$	(9,540	)

Basic and diluted net loss per share	$	(0.08	)	$	(0.10	)	$	(0.35	)	$	(0.40	)

Weighted-average shares used to compute net loss per share (in thousands):
Basic and diluted		28,323			23,942			28,001			23,869

	September 30,			December 31,
	2026			*2025 ()**
	Unaudited
ASSETS
Current assets:
Cash and cash equivalents	$	29,608		$	40,586
Marketable securities and short-term bank deposits		191,072			181,397
Trade receivables, net		17,806			19,495
Unbilled receivables		28,683			29,860
Prepaid expenses and other current assets		14,235			13,498
Total current assets		281,404			284,836
Long-term assets:
Severance pay fund		6,901			7,530
Deferred tax assets, net		303			257
Property and equipment, net		9,161			7,054
Operating lease right-of-use assets		16,727			17,486
Investment in marketable equity securities		127			55
Goodwill		58,308			58,308
Intangible assets, net		532			1,044
Other long-term assets		17,148			11,686
Total assets	$	390,611		$	388,256

LIABILITIES AND STOCKHOLDERS’ EQUITY
Current liabilities:
Trade payables	$	1,243		$	2,418
Deferred revenues		3,444			3,496
Accrued expenses and other payables		18,378			21,026
Operating lease liabilities		2,797			1,743
Total current liabilities		25,862			28,683
Long-term liabilities:
Accrued severance pay		7,113			7,690
Operating lease liabilities		14,040			14,388
Other accrued liabilities		1,224			1,037
Total liabilities		48,239			51,798
Stockholders’ equity:
Common stock		29			28
Additional paid-in capital		354,941			337,966
Treasury stock		0			(1,591	)
Accumulated other comprehensive income (loss)		(2,904	)		79
Accumulated deficit		(9,694	)		(24	)
Total stockholders’ equity		342,372			336,458
Total liabilities and stockholders’ equity	$	390,611		$	388,256

	Three months ended						Nine months ended
	September 30,						September 30,
	2026			2025			2026			2025
	Unaudited			Unaudited			Unaudited			Unaudited
GAAP net loss	$	(2,301	)	$	(2,509	)	$	(9,670	)	$	(9,540	)
Equity-based compensation expense included in cost of revenues		173			168			533			493
Equity-based compensation expense included in research and development expenses		2,130			2,639			7,651			7,778
Equity-based compensation expense included in sales and marketing expenses		880			571			2,310			1,735
Equity-based compensation expense included in general and administrative expenses		1,809			1,495			5,041			4,092
Amortization of intangible assets related to acquisition of businesses		168			208			302			625
Acquisition and deal-related costs		893			145			1,014			433
Loss (income) associated with the remeasurement of marketable equity securities		16			(1	)		(72	)		261
Non-GAAP net income	$	3,768		$	2,716		$	7,109		$	5,877
GAAP weighted-average number of Common Stock used in computation of diluted net loss per share (in thousands)		28,323			23,942			28,001			23,869
Weighted-average number of shares related to outstanding stock-based awards (in thousands)		1,579			1,763			1,733			1,714
Non-GAAP weighted-average number of Common Stock used in computation of diluted earnings per share (in thousands)		29,902			25,705			29,734			25,583


GAAP diluted loss per share	$	(0.08	)	$	(0.10	)	$	(0.35	)	$	(0.40	)
Equity-based compensation expense	$	0.18		$	0.19		$	0.54		$	0.57
Amortization of intangible assets related to acquisition of businesses	$	0.00		$	0.01		$	0.01		$	0.03
Acquisition and deal-related costs	$	0.03		$	0.01		$	0.04		$	0.02
Loss (income) associated with the remeasurement of marketable equity securities	$	0.00		$	0.00		$	0.00		$	0.01
Non-GAAP diluted earnings per share	$	0.13		$	0.11		$	0.24		$	0.23

	Three months ended						Nine months ended
	September 30,						September 30,
	2026			2025			2026			2025
	Unaudited			Unaudited			Unaudited			Unaudited
GAAP operating loss	$	(3,516	)	$	(2,084	)	$	(10,677	)	$	(10,948	)
Equity-based compensation expense included in cost of revenues		173			168			533			493
Equity-based compensation expense included in research and development expenses		2,130			2,639			7,651			7,778
Equity-based compensation expense included in sales and marketing expenses		880			571			2,310			1,735
Equity-based compensation expense included in general and administrative expenses		1,809			1,495			5,041			4,092
Amortization of intangible assets related to acquisition of businesses		168			208			302			625
Acquisition and deal-related costs		893			145			1,014			433
Total non-GAAP operating income	$	2,537		$	3,142		$	6,174		$	4,208

	Three months ended						Nine months ended
	September 30,						September 30,
	2026			2025			2026			2025
	Unaudited			Unaudited			Unaudited			Unaudited
GAAP operating expenses	$	28,327		$	27,076		$	84,170		$	78,827
Equity-based compensation expense included in research and development expenses		(2,130	)		(2,639	)		(7,651	)		(7,778	)
Equity-based compensation expense included in sales and marketing expenses		(880	)		(571	)		(2,310	)		(1,735	)
Equity-based compensation expense included in general and administrative expenses		(1,809	)		(1,495	)		(5,041	)		(4,092	)
Amortization of intangible assets related to acquisition of businesses		(110	)		(149	)		(336	)		(448	)
Acquisition and deal-related costs		(893	)		(145	)		(1,014	)		(433	)
Total non-GAAP operating expenses	$	22,505		$	22,077		$	67,818		$	64,341