CEVA, Inc. Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	109.6	106.94	97.42	120.58	113.83
Revenue Growth (YoY)	2.49%	9.77%	-19.21%	5.93%	13.46%
Cost of Revenue	14.16	12.77	11.65	15.13	10.38
Gross Profit	95.44	94.17	85.77	105.45	103.45
Selling, General & Admin	31.36	29.5	25.84	25.66	25.02
Research & Development	74.83	71.62	72.69	70.32	69.09
Amortization of Goodwill & Intangibles	0.6	0.6	0.59	2.03	2.3
Operating Expenses	106.79	101.72	99.12	98	96.41
Operating Income	-11.35	-7.55	-13.35	7.45	7.04
Interest & Investment Income	6.91	4.95	4.36	3.19	1.87
Currency Exchange Gain (Loss)	-	-1.01	0.69	0.07	-1.27
EBT Excluding Unusual Items	-4.43	-3.6	-8.3	10.72	7.64
Merger & Restructuring Charges	-	-	-0.12	-	-
Gain (Loss) on Sale of Investments	-0.26	0.84	0.21	-2.96	1.58
Asset Writedown	-	-	-	-3.56	-
Pretax Income	-4.69	-2.76	-8.21	4.2	9.22
Income Tax Expense	5.95	6.03	10.23	18.08	6.82
Earnings From Continuing Operations	-10.64	-8.79	-18.44	-13.88	2.4
Earnings From Discontinued Operations	-	-	6.56	-9.31	-2
Net Income	-10.64	-8.79	-11.88	-23.18	0.4
Net Income to Common	-10.64	-8.79	-11.88	-23.18	0.4
Shares Outstanding (Basic)	24	24	23	23	23
Shares Outstanding (Diluted)	24	24	23	23	23
Shares Change (YoY)	2.89%	0.55%	1.35%	-0.34%	5.17%
EPS (Basic)	-0.44	-0.37	-0.51	-1.00	0.02
EPS (Diluted)	-0.44	-0.37	-0.51	-1.00	0.01
Free Cash Flow	-	-0.24	-9.22	3.43	23.61
Free Cash Flow Per Share	-	-0.01	-0.39	0.15	1.01
Gross Margin	87.08%	88.06%	88.04%	87.45%	90.88%
Operating Margin	-10.35%	-7.05%	-13.70%	6.18%	6.19%
Profit Margin	-9.71%	-8.22%	-12.19%	-19.23%	0.35%
Free Cash Flow Margin	-	-0.22%	-9.46%	2.84%	20.74%
EBITDA	-7.19	-3.41	-9.43	15.01	14.03
EBITDA Margin	-6.56%	-3.19%	-9.68%	12.45%	12.32%
D&A For EBITDA	4.16	4.14	3.92	7.56	6.99
EBIT	-11.35	-7.55	-13.35	7.45	7.04
EBIT Margin	-10.35%	-7.05%	-13.70%	6.18%	6.19%
Effective Tax Rate	-	-	-	430.67%	74.00%
Revenue as Reported	109.6	106.94	97.42	120.58	113.83
Advertising Expenses	-	0.8	0.78	0.73	-

Source: S&P Global Market Intelligence. Standard template. Financial Sources.