Press release
Ceva, Inc. Announces Third Quarter 2025 Financial Results
Total revenue of $28.4 million, up 11% sequentially and 4% year-over-year AI processor licensing contributed approximately one-third of licensing revenue in
About this update from Ceva, Inc.
[{"type":"text","content":"\n \n Total revenue of $28.4 million, up 11% sequentially and 4% year-over-year\n \n \n AI processor licensing contributed approximately one-third of licensing revenue in the second and third quarters, marking a major milestone for Ceva's AI business\n \n \n Strategic NeuPro NPU portfolio license signed with Microchip; three new AI DSP agreements broaden reach in consumer and automotive\n \n \n Ceva-powered device shipments reached 579 million units, including record wireless IoT shipments – led by new highs in Wi-Fi 6 and cellular IoT – reinforcing leadership in wireless IP\n \n \n \n ROCKVILLE, Md., Nov. 10, 2025 /PRNewswire/ -- Ceva, Inc. (NASDAQ: CEVA), the leading licensor of silicon and software IP for the Smart Edge, today announced its financial results for the third quarter ended September 30, 2025.\n Total revenue for the third quarter of 2025 was $28.4 million, compared to $27.2 million reported for the third quarter of 2024. Licensing and related revenue for the third quarter of 2025 was $16.0 million, compared to $15.6 million reported for the same quarter a year ago. Royalty revenue for the third quarter of 2025 was $12.4 million, compared to $11.6 million reported for the third quarter of 2024.\n Amir Panush, Chief Executive Officer of Ceva, commented: \"We exceeded expectations on both revenue and non-GAAP diluted income per share this quarter, driven by strong licensing execution and healthy royalty growth. In licensing, we secured several strategic agreements that reinforce our leadership in wireless connectivity and accelerate our expansion in AI. The headline win was a portfolio license for our full NeuPro NPU family with Microchip, one of the world's leading microcontroller and connectivity providers. We also signed additional AI DSP agreements and secured connectivity design wins for Wi-Fi 7 and Bluetooth High Data Throughput IP. With AI processor licensing now contributing meaningfully and wireless IoT shipments at record highs, Ceva is well positioned for sustainable growth as a foundational technology provider of intelligent, connected devices - leading the way in enabling Physical AI at the edge.\"\n During the quarter, twelve IP licensing agreements were completed, targeting a wide range of end markets and applications, including NPU for AI across industrial, consumer, automotive and other end markets,...