Filing Flows › Ceva (CEVA) › Q4 2024
Ceva (CEVA) Q4 2024 earnings results (fourth quarter 2024)
10-K filed Feb 27, 2025
Ceva (CEVA) reported revenue of $29.2M for the fourth quarter 2024 (Q4 2024), +21% from a year earlier and +7% from the quarter before. Operating margin was 0.3%, net loss $1.7M (5.9% of revenue).
Ceva, Q4 2024: revenue $29.2M (+21% year over year), operating margin 0.3%, net loss $1.7M, operating cash flow $8.0M. The chart follows the revenue to costs, profit and cash.
| Q4 2024 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $29.2M | +7% | +21% |
| Operating profit | $74K | — | — |
| Net earnings | −$1.7M | — | — |
| Operating cash flow | $8.0M | 20× | +67% |
| Free cash flow | $7.0M | — | +73% |
What changed
Revenue was $29.2M in Q4 2024, up 21% year over year and up 7% from the previous quarter. License was the largest line at 54% of revenue.
Gross margin was 88.5%, down 2.2 points from a year earlier. Operating profit was $74K, a 0.3% margin (up 11.8 points year over year). Operating expenses grew 4% against revenue growth of 21%. The fastest-growing cost line was General & admin (+44%). The quarter ended with a net loss of $1.7M, wider than the previous quarter's $1.3M loss.
Operating cash flow was $8.0M (up 67% year over year). Non-cash charges added back $1.0M of depreciation and amortization and $3.9M of share-based compensation. Working capital and other items added $4.8M. Capital expenditures of $1.0M left free cash flow of $7.0M.
Questions
What was Ceva's revenue in the fourth quarter 2024?
Ceva (CEVA) reported revenue of $29.2M for the fourth quarter 2024 (Q4 2024), +21% from a year earlier and +7% from the quarter before.
Was Ceva profitable in the fourth quarter 2024?
Operating profit was $74K (0.3% of revenue) and net loss $1.7M.
Source: Ceva 10-K on SEC EDGAR.