CEVANasdaqServices-Computer Programming, Data Processing, Etc.Fiscal year ends December 31
CEVA INC
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 10, 2026
$28.78+1.28 (+4.65%)
Close on Oct 19, 2026
- Market cap
- $805.72M
- P/E (TTM)
- –
- Dividend yield
- –
Margins
Share of revenue, fiscal years 2011 to 2025
Gross margin
87.1%−2.2 pts over 5 years
Operating margin
-10.4%−9.6 pts over 5 years
Net margin
-9.7%−7.3 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +2.5% | -3.1% | +1.8% | +6.3% | |
| Gross profit | +1.3% | -3.3% | +1.3% | +5.8% |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | 6.6% | -0.9% | -3.5% | |
| Return on assets | 5.8% | -0.8% | -3.1% | |
| Current ratio | 6.40 | 5.95 | 9.93 | |
| Capex to revenue | 3.3% | 2.9% | 2.7% | |
| Diluted shares | 22M | 22M | 24M |
Where the cash went
Fiscal 2021 to 2025, five years combined
CEVA generated $45.89M from operations and spent $43.01M on capital expenditure, dividends and share buybacks. 34% of that went back into the business.
Generated
$45.89M
Used
$43.01M
Capital expenditure$14.45M34%Dividends$00%Share buybacks$28.55M66%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin-9.7%
×Asset turnover0.31×
×Equity multiplier1.16×
=Return on equity, FY2025-3.5%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | -9.7% | 0.31× | 1.16× | -3.5% |
| FY2024 | -8.2% | 0.35× | 1.15× | -3.3% |
| FY2023 | -12.2% | 0.32× | 1.17× | -4.5% |
| FY2022 | -19.2% | 0.38× | 1.19× | -8.7% |
| FY2021 | 0.3% | 0.36× | 1.18× | 0.1% |
| FY2020 | -2.4% | 0.33× | 1.18× | -0.9% |
| FY2019 | 0.0% | 0.30× | 1.16× | 0.0% |
| FY2018 | 0.7% | 0.28× | 1.13× | 0.2% |
| FY2017 | 19.5% | 0.34× | 1.14× | 7.5% |
| FY2016 | 18.0% | 0.32× | 1.14× | 6.6% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
3of 8 tests passed in fiscal 2025. Some tests lack the figures they need.
- ProfitableNet income above zero-$10.64M
- Cash generatingOperating cash flow above zero-$3.36M
- Return on assets improvedROA up on the prior year-2.9% → -3.4%
- Earnings backed by cashOperating cash flow above net income-$3.36M vs -$10.64M
- Less leverageLong-term debt to assets fell– → –
- Better liquidityCurrent ratio rose7.09 → 9.93
- No dilutionShare count did not rise24M → 24M
- Gross margin improvedGross margin up on the prior year88.06% → 87.08%
- More efficientAsset turnover rose0.35 → 0.35