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Jun 30
Ceva Q2 2025 Earnings Report
Ceva reported Q2 2025 results with $25.7M revenue, a GAAP net loss, and positive non-GAAP EPS, supported by strong AI NPU licensing and record cellular IoT and Wi-Fi 6 royalties.
Key Takeaways
Revenue was $25.678M; GAAP EPS was -$0.15 (net loss $3.704M) while non-GAAP diluted EPS was $0.07. Licensing contributed $15.022M and royalties $10.656M. Management highlighted momentum in AI NPU deals and record cellular IoT/Wi-Fi 6 shipments.
Total revenue reached $25.678M in Q2 2025.
GAAP net loss was $3.704M (-$0.15 per share); non-GAAP diluted EPS was $0.07.
Licensing revenue was $15.022M and royalty revenue was $10.656M.
488M Ceva-powered devices shipped in the quarter; 13 licensing agreements signed, including 4 AI NPU deals and 2 strategic automotive IP agreements; $6.2M share repurchase.
Ceva
Ceva
Ceva Revenue by Segment
Revenue by Segment
Licensing & related Revenue
CapyFin.comRoyalties Revenue
CapyFin.com Forward Guidance
Management stated the business is well-positioned for sequential and year-over-year growth in the second half of 2025, supported by scaling AI NPU licensing and solid royalty trends, while acknowledging typical industry and macro risks.
Positive Outlook
- Expectations for sequential and YoY growth in H2 2025.
- Scaling demand for AI NPU IP with new agreements.
- Licensing revenue exceeded $15M; continued momentum.
- Record cellular IoT and Wi-Fi 6 royalty shipments.
- Ongoing expense discipline and share repurchases.
Challenges Ahead
- Intense industry competition could pressure results.
- Risk that technologies may not achieve market acceptance.
- Cyclical and macroeconomic sensitivity of the semiconductor industry.
- Dependence on diversifying royalty streams and license revenues.
- Geopolitical risks, including instability related to the Israel-Gaza conflict.
Revenue & Expenses
Visualization of income flow from segment revenue to net income