CEVA · Ceva Inc - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - |
| Cost of Revenue | $14.16M | $12.77M | $11.65M | $27.05M | $16.83M | $10.75M |
| Gross Profit | $95.44M | $94.17M | $85.77M | $107.60M | $105.88M | $89.58M |
| R&D | $74.83M | $71.62M | $72.69M | $78.50M | $72.50M | $62.01M |
| SG&A | $18.09M | $16.88M | $14.91M | $15.32M | $14.30M | $14.12M |
| Total Operating Expenses | $106.79M | $101.72M | $99.24M | $113.00M | $102.37M | $90.34M |
| D&A | $3.44M | $3.05M | $2.89M | $3.19M | $3.18M | $3.23M |
| Operating Income | ($11.35M) | ($7.54M) | ($13.47M) | ($5.41M) | $3.51M | ($763.0K) |
| Interest Expense | - | - | - | - | - | - |
| Income Tax | $5.95M | $6.03M | $10.23M | $18.07M | $5.29M | $4.90M |
| Net Income | ($10.64M) | ($8.79M) | ($11.88M) | ($23.18M) | $396.0K | ($2.38M) |
| EPS - Basic | ($0.44) | ($0.37) | ($0.51) | ($1.00) | $0.02 | ($0.11) |
| EPS - Diluted | ($0.44) | ($0.37) | ($0.51) | ($1.00) | $0.02 | ($0.11) |
Balance Sheet
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $40.59M | $18.50M | $23.29M | $21.29M | $33.15M | $21.14M |
| Accounts Receivable | $49.35M | $37.21M | $30.31M | $31.25M | $27.45M | $31.22M |
| Inventory | - | - | - | - | - | - |
| Accounts Payable | $2.42M | $1.13M | $1.15M | $2.00M | $1.46M | $894.0K |
| Current Assets | $284.84M | $216.34M | $209.37M | $177.63M | $188.98M | $167.56M |
| Total Assets | $388.26M | $308.95M | $304.08M | $308.44M | $328.66M | $306.95M |
| Current Liabilities | $28.68M | $30.53M | $26.89M | $33.28M | $35.44M | $28.18M |
| Long-term Debt | - | - | - | - | - | - |
| Total Liabilities | - | - | - | - | - | - |
| Stockholders' Equity | $336.46M | $266.56M | $264.34M | $258.87M | $276.73M | $260.89M |
| Retained Earnings | ($24.0K) | $11.19M | $20.17M | $32.16M | $55.48M | $57.35M |
Cash Flow
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Operating Cash Flow | ($3.36M) | $3.47M | ($6.33M) | $6.92M | $25.80M | $15.16M |
| Investing Cash Flow | ($34.00M) | ($2.45M) | $10.84M | ($15.12M) | ($16.71M) | ($15.22M) |
| Financing Cash Flow | $59.34M | ($5.57M) | ($2.77M) | ($3.31M) | $3.24M | ($2.11M) |
| CapEx | $2.92M | $2.96M | $2.88M | $3.50M | $2.19M | $2.94M |
| Free Cash Flow | ($6.28M) | $516.0K | ($9.21M) | $3.42M | $23.61M | $12.23M |
Ratios
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | - | - | - | - | - | - |
| Operating margin | - | - | - | - | - | - |
| EBITDA margin | - | - | - | - | - | - |
| Net margin | - | - | - | - | - | - |
| Free cash flow margin | - | - | - | - | - | - |
| FCF / Net income | 0.59 | -0.06 | 0.78 | -0.15 | 59.62 | -5.14 |
| R&D / Revenue | - | - | - | - | - | - |
| SG&A / Revenue | - | - | - | - | - | - |
| Effective tax rate | - | - | - | - | 93.0% | 194.4% |
| Return on assets | -2.7% | -2.8% | -3.9% | -7.5% | 0.1% | -0.8% |
| Return on equity | -3.2% | -3.3% | -4.5% | -9.0% | 0.1% | -0.9% |
| Return on invested capital | - | - | - | - | - | - |
| Liquidity | ||||||
| Current ratio | 9.93 | 7.09 | 7.79 | 5.34 | 5.33 | 5.95 |
| Quick ratio | 9.93 | 7.09 | 7.79 | 5.34 | 5.33 | 5.95 |
| Cash ratio | 1.41 | 0.61 | 0.87 | 0.64 | 0.94 | 0.75 |
| Leverage | ||||||
| Debt / Equity | - | - | - | - | - | - |
| Debt / Assets | - | - | - | - | - | - |
| Debt / EBITDA | - | - | - | - | - | - |
| Interest coverage | - | - | - | - | - | - |
| Equity multiplier | 1.15 | 1.16 | 1.15 | 1.19 | 1.19 | 1.18 |
| Liabilities / Assets | - | - | - | - | - | - |
| Efficiency | ||||||
| Asset turnover | - | - | - | - | - | - |
| Inventory turnover | - | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - | - |
| Days inventory outstanding | - | - | - | - | - | - |
| Days payable outstanding | 62d | 32d | 36d | 27d | 32d | 30d |
| Cash conversion cycle | - | - | - | - | - | - |
| Valuation | ||||||
| P / E | - | - | - | - | 2162.0x | - |
| P / B | 1.6x | 2.8x | 2.0x | 2.3x | 3.6x | 3.9x |
| P / S | - | - | - | - | - | - |
| EV / EBITDA | - | - | - | - | 145.3x | 398.7x |
| Growth | ||||||
| Revenue growth (YoY) | - | - | - | - | - | - |
| Revenue CAGR (3y) | - | - | - | - | - | - |
| Revenue CAGR (5y) | - | - | - | - | - | - |
| Gross profit growth (YoY) | 1.3% | 9.8% | -20.3% | 1.6% | 18.2% | 16.3% |
| Operating income growth (YoY) | -50.4% | 44.0% | -149.0% | - | - | 60.3% |
| Net income growth (YoY) | -21.1% | 26.0% | 48.8% | - | - | - |
| EPS growth (YoY) | -18.9% | 27.5% | 49.0% | - | - | - |
| EPS CAGR (3y) | - | - | - | - | -12.6% | - |
| EPS CAGR (5y) | - | - | - | - | -49.5% | - |
| FCF growth (YoY) | - | - | - | -85.5% | 93.1% | 96.8% |
| FCF CAGR (5y) | - | -39.2% | - | -30.0% | 14.4% | -6.6% |
| Book value growth (YoY) | 26.2% | 0.8% | 2.1% | -6.5% | 6.1% | 3.9% |
Stability scores
Piotroski F-score
FY 2025 · 9-point quality
3/9
Weak
- ✗Net income positive
- ✗Operating cash flow positive
- ✓ROA improved YoY
- ✓Cash flow > net income
- -Long-term debt decreased
- ✓Current ratio improved
- ✗No share dilution
- -Gross margin improved
- -Asset turnover improved
Peer comparison
Same SIC group: Services-Computer Programming, Data Processing, Etc.
Comparing CEVA INC against the 5 most active filers in the same SIC group.