CEVA Inc. reported record fourth quarter (Q4) 2025 revenue of USD 31.3 million, up 10% sequentially and 7% year-over-year. GAAP gross margin for Q4 was 88%, consistent with the previous year. The company posted a GAAP operating loss of USD 0.4 million for Q4, compared to a GAAP operating profit of USD 0.1 million in the prior year period. For the full year (FY) 2025, non-GAAP net income increased 20% and non-GAAP diluted earnings per share grew 17%. GAAP operating loss for FY 2025 was USD 11.3 million, compared to a GAAP operating loss of USD 7.5 million in the previous year. During the quarter, CEVA signed 18 IP licensing agreements, including a strategic NPU licensing agreement with a leading PC OEM, and recorded strong demand across AI, connectivity, and sensing. For the full year, the company signed 54 licensing agreements across consumer, industrial, automotive, PC, and infrastructure markets. CEVA-powered device shipments reached a record 2.1 billion units in 2025, including 1.1 billion Bluetooth devices, 266 million Wi-Fi devices, and 241 million cellular IoT devices. The company also completed a successful follow-on offering, raising approximately USD 63 million net to enhance financial flexibility for future growth initiatives.

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