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EarningsQ2 2026 Earnings Report
CEVA Q2 2026 EPS Results
Actual EPS$0.08
Consensus EPS$0.07
Beat/MissBeat by +<$0.01
One Year Ago EPS$0.07
CEVA Q2 2026 Revenue Results
Actual Revenue$29.03M
Expected Revenue$28.19M
Beat/MissBeat by +$845.00K
YoY Revenue Growth+13.07%
Earnings Announcement Details
QuarterQ2 2026
Date08/10/2026
TimeBefore Open
Conference CallMonday, August 10, 2026
CEVA Upcoming Earnings
Ceva's next earnings date is estimated for November 11, 2026, based on past reporting schedules.
Q2 2026 Earnings Call Audio
CEVA Q2 2026 Earnings Call
0:00 / 0:00
Q2 2026 Earnings Slide Deck
Q2 2026 Earnings Call Summary
Earnings Call Sentiment|Positive
The call presented a largely positive operational and financial picture: strong revenue growth (+13% YoY), a notable 21% increase in licensing revenue, major strategic AI and platform wins, expanded product shipments (+16% device shipments), improved non-GAAP profitability (operating margin up to 11%) and raised full-year guidance. Headwinds included FX-related financial income shortfall, modest year-over-year royalty growth, declines in Bluetooth and industrial IoT unit shipments, and ongoing industry risks around memory pricing and supply constraints. On balance, the favorable licensing execution, strategic platform deals, improving royalties, margin expansion, and raised guidance outweigh the contained risks and near-term softness in some shipment categories.Company Guidance
Revenue Growth
Total revenue increased 13% year-over-year to $29.0M and rose 7% sequentially, driven by strong licensing and improving royalties.
Licensing Strength and Trailing 12-Month Momentum
Licensing and related revenue grew 21% year-over-year to $18.2M (63% of revenue), the strongest licensing quarter in three years; trailing 12-month licensing and related revenue increased ~13% to ~ $70M.
Royalty Recovery and Diversification
Royalty revenue was $10.8M (37% of revenue), essentially flat year-over-year vs $10.7M but up 17% sequentially, supported by wireless connectivity, automotive AI program ramps, and smartphone share gains.
Profitability Improvement (Non-GAAP)
Non-GAAP operating income rose to $3.1M from $0.8M a year ago (non-GAAP operating margin expanded to 11% from 3%), and non-GAAP net income increased 28% year-over-year to $2.3M; non-GAAP EPS increased to $0.08 from $0.07 and doubled sequentially.
Gross Margins and Expense Discipline
GAAP gross margin was 87% and non-GAAP gross margin 88%, in line with guidance; GAAP operating expenses came in below the low end of guidance and non-GAAP operating expenses were at the low end, demonstrating disciplined cost management.
Strategic AI and Platform Wins
Signed 10 licensing agreements in the quarter including two first-time customers and two direct OEMs; announced a strategically significant NeuPro-M NPU license with a leading global AI/computing platform company and multiple broader platform wins (complete Wi‑Fi6 + BLE chip and full baseband processing subsystem) that increase content per design and future royalty potential.
Strong End-Market Shipments
Customers shipped 567M CEVA-powered devices, up 16% year-over-year; mobile handset modem shipments rose to 61M units (from 55M); consumer IoT shipments increased to 487M (from 409M); Cellular IoT reached a record 68M units, up 3% year-over-year; Wi‑Fi shipments increased 28% year-over-year to 80M.
Balance Sheet and Cash Generation
Ended the quarter with approximately $221M in cash and equivalents; generated $5.8M of cash from operating activities; headcount 406 with 327 engineers supporting continued R&D investment.
Raised Full-Year Outlook
Company raised 2026 revenue guidance to +13% to +15% year-over-year (previously ~12%) and expects non-GAAP operating income to increase ~70% and non-GAAP net income to increase ~50% year-over-year.
CEVA Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed