Filing Flows › Ceva (CEVA) › Q1 2026
Ceva (CEVA) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 11, 2026
Ceva (CEVA) reported revenue of $27.0M for the first quarter 2026 (Q1 2026), +11% from a year earlier and -14% from the quarter before. Operating margin was -18.8%, net loss $4.5M (16.5% of revenue).
Ceva, Q1 2026: revenue $27.0M (+12% year over year), operating margin -18.8%, net loss $4.5M, operating cash flow −$4.9M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $27.0M | -14% | +11% |
| Operating profit | −$5.1M | — | — |
| Net earnings | −$4.5M | — | — |
| Operating cash flow | −$4.9M | -156% | — |
What changed
Revenue was $27.0M in Q1 2026, up 11% year over year and down 14% from the previous quarter. License was the largest line at 66% of revenue. License added $2.8M year over year (up 18%), 100% of the total change.
Gross margin was 86.2%, up 0.6 points from Q1 2025. Operating costs exceeded revenue by $5.1M, an operating margin of -18.8%. Operating expenses grew 13% against revenue growth of 11%. The fastest-growing cost line was General & admin (+18%). The quarter ended with a net loss of $4.5M, wider than the previous quarter's $1.1M loss. Non-operating items added $1.9M, -62% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was −$4.9M. Non-cash charges added back $802K of depreciation and amortization and $5.4M of share-based compensation. Working capital and other items used $6.6M. Capital expenditures of $2.3M exceeded it, leaving free cash flow of −$7.2M.
Questions
What was Ceva's revenue in the first quarter 2026?
Ceva (CEVA) reported revenue of $27.0M for the first quarter 2026 (Q1 2026), +11% from a year earlier and -14% from the quarter before.
Was Ceva profitable in the first quarter 2026?
Operating loss was $5.1M (-18.8% of revenue) and net loss $4.5M.
Source: Ceva 10-Q on SEC EDGAR.