Company Analysis

CEVA, Inc. (CEVA)

Nasdaq: CEVA · Services-Computer Programming, Data Processing, Etc. · Rockville, MD · filing with the SEC since 2002
Grade4.9
◀ Past 5.2● Present 4.6▶ Future 5.0
1 est.

The grade of CEVA, Inc.

Nine metrics read from its own filings, by tense
Headline grade
4.9/10
◀ Past5.225% of the headline
● Present4.635% of the headline
▶ Future5.040% of the headline

All three tenses have at least two readings, so the archetype blend applies as printed.

Of the nine metrics, 8 read as filed from the record and 1 is an SI estimate, each with its reasoning, its confidence and what would change it on its card.

◀ Past

What did they actually do?

5.2/1025% of the headline grade · 2 of 3 filed, 1 estimated

Surviving crises

as filed
7.0/10

Has it survived what it has been through?

No warning events in its filings since 2017.

weight 22% of this tense · 70th percentile among 79 sector filers · read for itself

From the record

CEVA, Inc.'s filings since 2017 show no warning events in the scan: no bankruptcy or receivership notice, no debt default notice, no exchange listing notice, no restatement warning, no auditor change, no material cyber incident and no late-report notice (its current reports).

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Track record

as filed
4.3/10

What has it actually done, year after year?

+4.7% a year over 10 filed years; profitable in 5 of 10.

weight 45% of this tense · 43rd percentile among 70 sector filers · read for its customers

From the record

CEVA, Inc.'s 10 filed years say what it did: revenue went from $73 million in fiscal 2016 to $110 million in fiscal 2025, up 4.7% a year; it rose in 7 of 9 years; the deepest fall was 19% from fiscal 2022 to fiscal 2023; net income was positive in 5 of 10 of those years (its annual reports).

What it rests on

  • revenue growth over the filed span4.7%bottom 25% of its family
  • the share of years revenue rosebottom 42% of its family
  • the share of filed years with a profittop 38% of its family
  • the deepest fall from a revenue peak19.2%bottom 41% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Shareholder treatment

SI estimate
5.4/10

How has it treated the people who own it?

SI estimate 5.4/10, confidence 35 of 100 (one part).

weight 33% of this tense · 54th percentile among 72 sector filers · read for its shareholders

SI estimate Inferred, not read as filed

Why it is an estimate
Read from one part only, the share count over the years, which ranks in the top 46% of 72 in its family; fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income.
What the record cannot read
Fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income.
How it was reasoned
one part: the share count over the years, the one part on file, ranked among 72 in its family.
Confidence
35 of 100
What would change it
A filing that carries the missing parts replaces this estimate with the filed reading.

From the record

SI estimate, not a filed reading: CEVA, Inc.'s shareholder treatment is put at 5.4 of 10 with a confidence of 35 of 100, because read from one part only, the share count over the years, which ranks in the top 46% of 72 in its family; fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income. A filing that carries the missing parts replaces this estimate with the filed reading.

● Present

What are they doing right now?

4.6/1035% of the headline grade · 3 of 3 filed

Financial health

as filed
5.6/10

Is it financially healthy right now?

ROE -3%: lost 3¢ per shareholder dollar. Leverage 13%: owes 13¢ per asset dollar.

weight 45% of this tense · 56th percentile among 74 sector filers · read for itself

From the record

Return on equity: in the fiscal year ended 2025-12-31, CEVA, Inc. lost about 3 cents for every dollar of shareholders' money, and gross profitability: its products earned about 25 cents per dollar of everything the company owns. Leverage: it owed about 13 cents per dollar of assets, and net share issuance: its share count grew 2.9% over the year (the filed statements).

What it rests on

  • what it owes per dollar of assetstop 7% of its family
  • return on equitybottom 47% of its family
  • gross profit against assetsbottom 38% of its family
  • the share count against the year beforebottom 46% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Industry position

as filed
3.0/10

How strong is its position in its industry?

bottom 30% of 73 in its family; net margin -9.7%.

weight 33% of this tense · 30th percentile among 73 sector filers · read for its customers

From the record

CEVA, Inc.'s standing among 73 graded names in its industry family: revenue of $110 million in fiscal 2025 ranks in the bottom 32% by size; a net margin of -9.7% ranks in the bottom 35%; revenue growth of -3.1% a year over the last 3 filed years ranks in the bottom 24% (its annual reports).

What it rests on

  • revenue against the family$110Mbottom 32% of its family
  • net margin-9.7%bottom 35% of its family
  • three-year revenue growth-3.1%bottom 24% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Leadership

as filed
5.0/10

What are the people in charge doing?

bottom 50% of 34 in its family for leadership; chief executive since 2023.

weight 22% of this tense · 50th percentile among 34 sector filers · read for its shareholders

From the record

CEVA, Inc.'s leadership, from its insiders' filings and its current reports: the chief executive on the record is Panush, Amir (Chief Executive Officer, as filed), filing under that title since 2023-01-03, 3.9 years (bottom 38% of its family); the 10 officers and directors filing in the last fifteen months have been on the record a median of 7.3 years (top 14%); 8 officer or director changes were reported on Form 8-K since 2023-11-13, against the 10 people in charge now (bottom 26%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

What it rests on

  • officer and director changes on Form 8-K, against the people in charge8 in three years among 10 peoplebottom 26% of its family
  • the median years the people in charge have filed7.3 yearstop 14% of its family
  • the chief executive's years on the record3.9 yearsbottom 38% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

▶ Future

What are they set up to do next?

5.0/1040% of the headline grade · 3 of 3 filed

Room to expand

as filed
6.9/10

How much room does it have to grow?

top 31% of 71 in its family for room to expand.

weight 22% of this tense · 69th percentile among 71 sector filers · read for itself

From the record

CEVA, Inc.'s room to grow, from the newest filed statements (fiscal 2025): cash of $41 million against no long-term debt tagged leaves 10.5% of its assets as net cash, top 41% of its family; cash from operations less capital spending is -5.7% of revenue (bottom 28%); a gross margin of 87.1% (top 9%); research spending of 68.3% of revenue (top 4%) (its annual report).

What it rests on

  • cash less debt against assets10.5%top 41% of its family
  • cash from operations less capital spending against revenue-5.7%bottom 28% of its family
  • gross margin87.1%top 9% of its family
  • research spending against revenue68.3%top 4% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Growth drivers

as filed
4.0/10

What could actually drive growth from here?

bottom 40% of 70 in its family for growth drivers.

weight 45% of this tense · 40th percentile among 70 sector filers · read for its customers

From the record

CEVA, Inc.'s growth drivers, from the filed years to fiscal 2025: revenue grew -3.1% a year over the last three filed years against 4.7% over all 10, slowing (bottom 46% of its family); the newest year grew 2.5% (bottom 35%); research spending grew 2.1% a year (bottom 44%); capital spending grew -5.8% a year (bottom 33%) (its annual reports). CEVA, Inc. reported 2 lines of business in fiscal 2025: Connectivity Products at $82 million (75%), Smart Sensing Products at $28 million (25%); 1 of 2 grew against the year before (its annual report).

What it rests on

  • three-year growth against the whole span-7.8 points a yearbottom 46% of its family
  • the newest year's revenue growth2.5%bottom 35% of its family
  • three-year growth of research spending2.1%bottom 44% of its family
  • three-year growth of capital spending-5.8%bottom 33% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Expectations vs reality

as filed
5.0/10

Did its newest year beat what its own record pointed to?

top 49% of 65 in its family for expectations against reality.

weight 33% of this tense · 51st percentile among 65 sector filers · read for its shareholders

From the record

CEVA, Inc.'s newest year against its own record: revenue of $110 million in fiscal 2025 came in 8.8% above the $101 million its prior three years' pace pointed to (top 27% of its family); net income of $11 million against a prior three-year average of $15 million (bottom 36%); a net margin of -9.7% against -13.2% before (bottom 42%) (its annual reports).

What it rests on

  • revenue against the prior three years' pace8.8%top 27% of its family
  • net income against the prior three years' average+27%bottom 36% of its family
  • net margin against its prior average+3.5 pointsbottom 42% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made

SI Assistanton CEVA · research, not advice