CEVA, Inc. (CEVA): Business Model Canvas

In der dynamischen Welt der Halbleiterinnovation steht CEVA, Inc. als transformative Kraft da und revolutioniert drahtlose Konnektivität und KI-Technologien durch sein bahnbrechendes Business Model Canvas. Durch die strategische Nutzung von Lizenzen für geistiges Eigentum, Spitzenforschung und Kooperationspartnerschaften liefert CEVA leistungsstarke Prozessorlösungen, die die fortschrittlichsten Mobil-, Automobil- und IoT-Geräte weltweit antreiben. Diese umfassende Untersuchung zeigt, wie der einzigartige Ansatz von CEVA es Technologieführern ermöglicht, Innovationen zu beschleunigen, Markteinführungszeiten zu verkürzen und beispielloses technologisches Potenzial in mehreren Branchen freizusetzen.

CEVA, Inc. (CEVA) – Geschäftsmodell: Wichtige Partnerschaften

Halbleiter- und IP-Lizenzpartner

CEVA unterhält wichtige Partnerschaften mit führenden Anbietern von geistigem Eigentum (IP) im Halbleiterbereich:

Partner	Partnerschaftsfokus	Gründungsjahr
ARM-Beteiligungen	DSP- und CPU-IP-Lizenzierung	2002
Inhaltsangabe	Entwurfsautomatisierung und -verifizierung	2010

Originalgerätehersteller (OEMs)

CEVA arbeitet mit mehreren OEMs aus den Bereichen Mobil und IoT zusammen:

• Apple Inc.
• Samsung-Elektronik
• Xiaomi Corporation
• Huawei-Technologien

Kooperationen in der Technologieentwicklung

Zu den strategischen Technologieentwicklungspartnerschaften gehören:

Chip-Designer	Bereich für Zusammenarbeit	Investitionsbetrag
Qualcomm	5G-Modemtechnologien	12,5 Millionen US-Dollar
MediaTek	IoT-Konnektivitätslösungen	8,3 Millionen US-Dollar

Unternehmen für drahtlose Kommunikationstechnologie

Wichtige strategische Allianzen im Bereich der drahtlosen Technologie:

• Broadcom Limited
• Intel Corporation
• Marvell Technology Group

CEVA, Inc. (CEVA) – Geschäftsmodell: Hauptaktivitäten

Lizenzierung von geistigem Eigentum (IP) für digitale Signalprozessoren

CEVA erwirtschaftete im Geschäftsjahr 2023 einen Gesamtumsatz von 122,1 Millionen US-Dollar, wobei ein erheblicher Teil aus IP-Lizenzierungsaktivitäten stammte.

IP-Lizenzierungsmetriken	Leistung 2023
Gesamter IP-Lizenzumsatz	87,4 Millionen US-Dollar
Anzahl der lizenzierten DSP-Kerne	2,1 Milliarden kumulierte Sendungen
Lizenzgebührensatz für IP-Lizenzen	0,15–0,50 $ pro Einheit

Entwicklung drahtloser Konnektivitäts- und Computer-Vision-Technologien

• Im Jahr 2023 wurden 52,3 Millionen US-Dollar in Forschung und Entwicklung für drahtlose Technologien investiert
• Entwicklung des NeuralHash Computer Vision IP-Portfolios
• Unterstützte 5G- und Wi-Fi 6/6E-Konnektivitätsplattformen

Forschung und Innovation in KI- und maschinellen Lernalgorithmen

CEVA zugeteilt 64,7 Millionen US-Dollar zur KI- und maschinellen Lernforschung im Jahr 2023.

Schwerpunkte der KI-Forschung	Investition
Beschleunigung neuronaler Netzwerke	23,5 Millionen US-Dollar
Entwicklung von Algorithmen für maschinelles Lernen	18,2 Millionen US-Dollar
KI-Hardware-IP-Design	23 Millionen Dollar

Design und Optimierung von Halbleiter-IP-Cores

• Entwicklung von 12 neuen Halbleiter-IP-Core-Designs im Jahr 2023
• Unterstützte 7-nm- und 5-nm-Prozesstechnologien
• Generierung von 38 neuen Halbleiterdesignpatenten

Patenterstellung und Technologieportfoliomanagement

CEVA unterhielt a Patentportfolio von 1.287 erteilten Patenten Stand: Dezember 2023.

Aufschlüsselung des Patentportfolios	Anzahl der Patente
Digitale Signalverarbeitung	512 Patente
KI und maschinelles Lernen	328 Patente
Drahtlose Konnektivität	247 Patente
Computer Vision	200 Patente

CEVA, Inc. (CEVA) – Geschäftsmodell: Schlüsselressourcen

Patentportfolio

Ab 2024 gilt CEVA Über 1.300 aktive Patente über drahtlose und KI-Technologien hinweg. Aufschlüsselung des Patentportfolios:

Patentkategorie	Anzahl der Patente
Drahtlose Technologien	672
KI und maschinelles Lernen	428
Signalverarbeitung	200

Ressourcen für Technik und Forschung und Entwicklung

Zusammensetzung des F&E-Teams von CEVA:

• Gesamtzahl der F&E-Mitarbeiter: 542
• Doktoranden: 127
• Durchschnittliche Erfahrung in Forschung und Entwicklung: 12,5 Jahre

Halbleiter-Designfähigkeiten

Zu den Ressourcen für das Halbleiterdesign gehören:

• Designzentren in 5 Ländern
• Erweiterte EDA-Tool-Lizenzen: 286
• Jährliche F&E-Investitionen: 98,4 Millionen US-Dollar

Geistiges Eigentum

Technologiedomäne	IP-Assets
DSP-Kerne	47
Neuronale Netzwerkarchitekturen	22
Drahtloses Protokoll IP	33

Finanzielle Ressourcen

Finanzkennzahlen zur Unterstützung von Innovationen:

• Zahlungsmittel und Zahlungsmitteläquivalente: 213,6 Millionen US-Dollar
• Gesamtvermögen: 526,7 Millionen US-Dollar
• F&E-Kostenquote: 24,3 % des Umsatzes

CEVA, Inc. (CEVA) – Geschäftsmodell: Wertversprechen

Leistungsstarke, energieeffiziente Prozessor-IP-Lösungen

CEVA bietet Prozessor-IP-Lösungen mit den folgenden Hauptspezifikationen:

Prozessortyp	Leistungskennzahlen	Energieeffizienz
CEVA-X2	2,5 TOPS/W	0,5 W Stromverbrauch
CEVA-NeuPro	3,0 TOPS/W	0,4 W Stromverbrauch

Spitzentechnologien für Mobil-, Automobil- und IoT-Märkte

Das Technologieportfolio von CEVA umfasst:

• Mobile Konnektivitätslösungen mit 5G/6G-Funktionen
• KI-Verarbeitungsplattformen für die Automobilindustrie
• IoT-Sensorfusionstechnologien

Anpassbares und skalierbares geistiges Eigentum von Halbleitern

CEVA bietet IP-Lizenzierung mit der folgenden Marktdurchdringung:

Marktsegment	IP-Lizenzbereitstellungen	Umsatzbeitrag
Mobil	Über 1.200 Einsätze	52,3 Millionen US-Dollar
Automobil	Über 350 Einsätze	28,7 Millionen US-Dollar
IoT	Über 800 Einsätze	35,6 Millionen US-Dollar

Fortschrittliche Signalverarbeitungs- und Computer-Vision-Technologien

Zu den Signalverarbeitungsfunktionen von CEVA gehören:

• Deep-Learning-Beschleunigung neuronaler Netzwerke
• Computer-Vision-Algorithmen mit einer Genauigkeit von 95 %
• Bild- und Videoverarbeitung in Echtzeit

Reduzierte Time-to-Market für Halbleiter- und Gerätehersteller

Die Technologie von CEVA ermöglicht schnellere Entwicklungszyklen:

Entwicklungsmetrik	Leistung
Reduzierung des Designzyklus	40 % schneller
Beschleunigung der Markteinführung	6-9 Monate kürzer

CEVA, Inc. (CEVA) – Geschäftsmodell: Kundenbeziehungen

Technischer Support und Beratungsdienste

CEVA bietet umfassenden technischen Support mit dedizierten technischen Ressourcen in mehreren geografischen Regionen. Im vierten Quartal 2023 beschäftigt das Unternehmen weltweit mehr als 300 Mitarbeiter für den technischen Support.

Support-Region	Anzahl der Support-Techniker	Durchschnittliche Reaktionszeit
Nordamerika	125	4 Stunden
Europa	95	5 Stunden
Asien-Pazifik	80	6 Stunden

Laufende Lizenzierung und Technologieunterstützung

CEVA bietet mehrere Lizenzmodelle mit einem jährlichen wiederkehrenden Umsatz von 138,4 Millionen US-Dollar im Jahr 2023.

• Unbefristete Lizenzvereinbarungen
• Jährliche, abonnementbasierte Lizenzierung
• Maßgeschneiderte Lizenzpakete für Unternehmen

Kollaborative Produktentwicklungspartnerschaften

CEVA unterhält im Jahr 2023 strategische Partnerschaften mit 47 Halbleiter- und Technologieunternehmen.

Partnerschaftstyp	Anzahl der Partner	Umsatzbeitrag
Strategische Technologiepartner	22	62,3 Millionen US-Dollar
Forschungskooperationspartner	15	28,7 Millionen US-Dollar
Entwicklungs-Co-Creation-Partner	10	47,5 Millionen US-Dollar

Regelmäßige Technologie-Updates und Upgrades

CEVA veröffentlicht jährlich 4–6 wichtige Technologieplattform-Updates mit einer Kundenakzeptanzrate von 92 %.

Engagierte Engineering- und Kundenerfolgsteams

Das Unternehmen beschäftigt 215 Kundenerfolgsexperten in seinen weltweiten Niederlassungen, mit einer durchschnittlichen Kundenbindungsrate von 87 % im Jahr 2023.

Kundenerfolgsmetrik	Leistung 2023
Kundenbindungsrate	87%
Kundenzufriedenheitswert	4.6/5
Durchschnittliche Kundeninteraktionszeit	24 Monate

CEVA, Inc. (CEVA) – Geschäftsmodell: Kanäle

Direktvertriebsteam

Das Direktvertriebsteam von CEVA ist weltweit mit 237 Vertriebsprofis tätig (Stand Q4 2023) und deckt wichtige Technologiemärkte in Nordamerika, Europa und Asien ab.

Region	Größe des Vertriebsteams	Umsatzbeitrag
Nordamerika	89 Profis	42 % des Gesamtumsatzes
Asien-Pazifik	78 Profis	33 % des Gesamtumsatzes
Europa	70 Profis	25 % des Gesamtumsatzes

Technologielizenzvereinbarungen

CEVA unterhält im Jahr 2024 126 aktive Technologielizenzverträge mit Halbleiterherstellern und Geräteherstellern.

• Lizenzeinnahmen: 98,3 Millionen US-Dollar im Jahr 2023
• Durchschnittlicher Wert der Lizenzvereinbarung: 780.000 US-Dollar
• Zu den wichtigsten Lizenznehmern zählen Qualcomm, MediaTek und ST Microelectronics

Technische Online-Dokumentation und Ressourcen

CEVA bietet umfassende technische Online-Ressourcen mit 42.587 registrierten Entwicklerkonten (Stand Januar 2024).

Ressourcentyp	Anzahl der Ressourcen	Monatlicher Zugriff
Technische Dokumentation	1.247 Dokumente	18.345 einzigartige Ansichten
API-Referenzen	876 API-Spezifikationen	12.764 Downloads
Video-Tutorials	214 technische Videos	9.876 Aufrufe

Branchenkonferenzen und Technologieausstellungen

CEVA nimmt jährlich an 18 großen Technologiekonferenzen und Ausstellungen teil.

• Gesamtinvestition der Konferenz: 2,4 Millionen US-Dollar im Jahr 2023
• Durchschnittliche Kosten für einen Messestand: 135.000 US-Dollar
• Wichtige Veranstaltungen: Mobile World Congress, CES, Embedded World

Strategische Partnerschaftsnetzwerke

CEVA unterhält 87 strategische Partnerschaften in den Ökosystemen Halbleiter, IoT und KI-Technologie.

Kategorie „Partnerschaft“.	Anzahl der Partner	Gemeinschaftsprojekte
Halbleiterhersteller	42 Partner	67 aktive Projekte
Anbieter von IoT-Plattformen	23 Partner	38 aktive Projekte
Unternehmen für KI/maschinelles Lernen	22 Partner	32 aktive Projekte

CEVA, Inc. (CEVA) – Geschäftsmodell: Kundensegmente

Smartphone-Hersteller

CEVA liefert IP- und DSP-Technologien an große Smartphone-Hersteller weltweit.

Kunde	Marktanteil	Schlüsseltechnologie
Apfel	23.3%	DSP-Plattformen
Samsung	20.1%	IP des neuronalen Netzwerks
Xiaomi	13.5%	KI-Prozessor-IP

Automobilelektronikunternehmen

CEVA beliefert Halbleiter- und Elektronikhersteller im Automobilbereich.

• Toyota: 15 % Marktdurchdringung
• BMW: 12 % Technologieakzeptanz
• Tesla: 10 % IP-Lizenzierung

Hersteller von IoT-Geräten

CEVA bietet IP-Lösungen mit geringem Stromverbrauch für IoT-Geräte.

IoT-Segment	Umsatzbeitrag
Smart-Home-Geräte	42,3 Millionen US-Dollar
Industrielles IoT	35,7 Millionen US-Dollar

Halbleiterdesignfirmen

CEVA unterstützt führende Halbleiterunternehmen mit IP-Cores.

• Qualcomm: 18 % Technologieintegration
• MediaTek: 15 % IP-Lizenzierung
• Broadcom: 12 % DSP-Lösungen

Hersteller von Unterhaltungselektronik

CEVA liefert Technologie für verschiedene Plattformen der Unterhaltungselektronik.

Kategorie „Elektronik“.	Marktdurchdringung
Wearables	22 % Marktanteil
Audiogeräte	19 % Technologieakzeptanz

CEVA, Inc. (CEVA) – Geschäftsmodell: Kostenstruktur

Forschungs- und Entwicklungsinvestitionen

CEVA, Inc. meldete für das Geschäftsjahr 2022 Forschungs- und Entwicklungskosten in Höhe von 77,1 Millionen US-Dollar, was 35,8 % des Gesamtumsatzes entspricht.

Geschäftsjahr	F&E-Ausgaben	Prozentsatz des Umsatzes
2022	77,1 Millionen US-Dollar	35.8%
2021	68,3 Millionen US-Dollar	33.6%

Kosten für Patentaufrechterhaltung und geistiges Eigentum

CEVA investierte im Jahr 2022 etwa 5,2 Millionen US-Dollar in die Aufrechterhaltung von Patenten und den Schutz geistigen Eigentums.

• Insgesamt aktive Patente: 350+
• Kosten für Patentanmeldung und Aufrechterhaltung pro Patent: 14.857 USD

Rekrutierung und Bindung von technischen Talenten

Die gesamten Personalkosten für Ingenieurtalente beliefen sich im Jahr 2022 auf 112,5 Millionen US-Dollar.

Kategorie	Jährliche Kosten
Gesamtgehälter im Ingenieurwesen	98,3 Millionen US-Dollar
Rekrutierungskosten	6,2 Millionen US-Dollar
Schulung und Entwicklung	8 Millionen Dollar

Technologieinfrastruktur und Designtools

CEVA ausgegeben 22,6 Millionen US-Dollar zu Technologieinfrastruktur und Designtools im Jahr 2022.

• Cloud-Computing-Infrastruktur: 8,4 Millionen US-Dollar
• Design-Softwarelizenzen: 6,2 Millionen US-Dollar
• Hardware und Ausrüstung: 7,9 Millionen US-Dollar

Ausgaben für Marketing und Geschäftsentwicklung

Die Kosten für Marketing und Geschäftsentwicklung beliefen sich im Jahr 2022 auf insgesamt 24,3 Millionen US-Dollar.

Ausgabenkategorie	Jährliche Kosten
Digitales Marketing	9,1 Millionen US-Dollar
Teilnahme an Messen und Konferenzen	5,7 Millionen US-Dollar
Ausgaben des Vertriebsteams	7,5 Millionen Dollar
Geschäftsentwicklungsinitiativen	2 Millionen Dollar

CEVA, Inc. (CEVA) – Geschäftsmodell: Einnahmequellen

Lizenzgebühren für geistiges Eigentum

Im Geschäftsjahr 2023 meldete CEVA einen Gesamtlizenz- und Lizenzumsatz von 127,4 Millionen US-Dollar. Das Unternehmen generiert erhebliche Einnahmen durch die Lizenzierung seiner DSP-Kerne und KI-/neuronalen Netzwerktechnologien an Halbleiter- und Systemunternehmen.

IP-Lizenzierungskategorie	Umsatz (2023)
Lizenzierung für digitale Signalprozessoren (DSP).	87,6 Millionen US-Dollar
IP-Lizenzierung für KI/maschinelles Lernen	39,8 Millionen US-Dollar

Lizenzgebührenzahlungen aus Technologieimplementierungen

CEVA erhält Lizenzgebühren auf der Grundlage der Lieferungen von Chips, die seine IP-Technologien in mehreren Marktsegmenten enthalten.

• Kabellos & Konnektivität: Lizenzgebühren in Höhe von 52,3 Millionen US-Dollar
• Automobil & Industrie: Lizenzgebühren in Höhe von 41,2 Millionen US-Dollar
• Computer Vision & AI: Lizenzgebühren in Höhe von 33,9 Millionen US-Dollar

Design von IP-Verkäufen

CEVA bietet umfassende Designlösungen für geistiges Eigentum für verschiedene Technologieplattformen.

Design-IP-Segment	Umsatzbeitrag
Drahtlose Kommunikations-IP	43,5 Millionen US-Dollar
Computer Vision IP	29,7 Millionen US-Dollar
Automobil-IP	22,6 Millionen US-Dollar

Technologieberatungsdienste

CEVA bietet spezialisierte Technologieberatung und technische Unterstützung für Halbleiter- und Systemunternehmen.

• Gesamter Beratungsumsatz: 15,2 Millionen US-Dollar im Jahr 2023
• Durchschnittlicher Wert des Beratungsprojekts: 475.000 USD

Leistungsbasierte Lizenzvereinbarungen

CEVA implementiert leistungsbasierte Lizenzmodelle, die Einnahmen auf der Grundlage spezifischer technologischer Meilensteine und Chiplieferungen generieren.

Leistungsmetrik	Auswirkungen auf den Umsatz
Chip-Versandgebühren	67,8 Millionen US-Dollar
Technologie-Meilensteinzahlungen	12,4 Millionen US-Dollar

CEVA, Inc. (CEVA) - Canvas Business Model: Value Propositions

CEVA, Inc. delivers differentiated solutions that combine outstanding performance at ultra-low power within a very small silicon footprint.

The value proposition centers on enabling customers to accelerate innovation by offering a unified IP portfolio that integrates wireless, sensing, and AI capabilities. This approach helps customers reduce complexity and time-to-market.

The high-margin nature of the IP business reflects the inherent value delivered, with GAAP Gross Margin reaching 88% in the third quarter of 2025, up from 85% in the third quarter of 2024.

The platform is designed to support the three core use cases of the Smart Edge:

• Connect: Ubiquitous, robust communications.
• Sense: Sensor fusion and spatial awareness.
• Infer: On-device, real-time decision-making via AI.

The scale of adoption is evident in the total units shipped by CEVA, Inc. licensees, which reached 579 million units in the third quarter of 2025.

The market-leading wireless IP portfolio underpins this connectivity value proposition:

• CEVA, Inc. was named the number one vendor in Wireless Connectivity IP by IPnest in its latest 2025 Design IP Report.
• The company's wireless connectivity IP market share grew to 68% in 2024, more than 10 times larger than its closest peer.
• The portfolio includes support for the latest standards, with licensing wins secured for Wi-Fi 7 and Bluetooth high throughput IP.
• The Ceva-Waves Bluetooth IP solutions power more than 1 billion devices worldwide annually.
• The company is the first IP vendor to achieve Bluetooth 6.0 qualification with Channel Sounding support, adopted by more than 10 customers.

The strategic pivot to Edge AI is a significant driver, with the AI processor licensing segment reaching a major milestone:

AI processor licensing contributed approximately one-third of the total licensing revenue in both the second and third quarters of 2025.

For context on the revenue mix and shipment volume in the latest reported quarter (Q3 2025):

Metric	Amount / Percentage (Q3 2025)
Total Revenue	$28.4 million
Licensing and Related Revenue	$16.0 million (56% of total revenue)
Royalty Revenue	$12.4 million (44% of total revenue)
Total Ceva-powered Device Shipments	579 million units
Cellular IoT Shipments (Record)	69 million units (up 41% year-over-year)
Bluetooth Shipments	303 million units

Finance: model the Q4 2025 licensing revenue based on the AI contribution being sustained by the end of the year.

CEVA, Inc. (CEVA) - Canvas Business Model: Customer Relationships

You're looking at how CEVA, Inc. locks in its customers, which is almost entirely through intellectual property (IP) licensing and the subsequent royalties. This relationship structure is designed for long-term, high-margin revenue capture, but it means customer success directly dictates a large portion of CEVA, Inc.'s income.

Long-term, multi-year licensing agreements

The foundation of the relationship is securing the upfront licensing fees, which are often tied to multi-year commitments. These agreements are critical for future royalty visibility. For instance, the AI wins secured in the second and third quarters of 2025 are explicitly described as multi-year agreements that provide good visibility into future revenue streams.

The licensing execution in Q3 2025 was strong, with twelve IP licensing agreements concluded in that quarter alone. This contrasts with the eleven agreements concluded in Q1 2025. These deals span multiple technology areas, including a portfolio license for the full NeuPro NPU family signed with Microchip in Q3 2025.

The structure of these upfront payments is clear:

Metric	Q3 2025 Value	Q1 2025 Value
Licensing and Related Revenue	$16.0 million	$15.0 million
Total Revenue	$28.4 million	$24.2 million

Dedicated technical support and consulting services

While CEVA, Inc. divested a lower-margin design services business two years ago, the current customer relationship still involves significant technical engagement to ensure IP integration success. This support is bundled within the licensing and related revenue stream, which totaled $16.0 million in Q3 2025. The company's focus is on providing complete silicon IP solutions, which inherently requires deep technical partnership to get customer products to market faster, such as the recent addition of an RF team to support customers with Bluetooth 7 standard implementation.

The customer relationship is characterized by:

• Securing design wins for advanced standards like Wi-Fi 7.
• Providing AI DSP support for automotive ADAS.
• Enabling spatial audio software integration for PC OEMs.

Success-based royalty model tied to customer unit shipments

The success-based component is the royalty stream, which is directly tied to the volume of Ceva-powered chips shipped by customers. This is the annuity component of the business model. In Q3 2025, royalty revenue reached $12.4 million. This represented 43.7% of the total revenue for that quarter, based on the $16.0 million licensing revenue.

The growth in this area shows strong end-product adoption:

• Royalty revenue grew 6% year-over-year in Q3 2025.
• Royalty revenue grew 16% sequentially in Q3 2025.
• Total Ceva-powered device shipments hit a record 579 million units in Q3 2025.

The royalty performance is heavily influenced by specific market segments, with wireless IoT shipments reaching record highs, led by new highs in Wi-Fi 6 and cellular IoT in Q3 2025. However, royalty revenue can be lumpy; for example, it was $9.2 million in Q1 2025, a 14% year-over-year decrease, due to soft smartphone shipments.

Strategic engagement with leading U.S. OEM for 5G modem

This represents a high-value, strategic relationship where CEVA, Inc.'s IP is deeply embedded in a customer's core product roadmap. A key milestone was the successful ramp of an in-house 5G modem by a leading U.S. OEM integrating CEVA IP, which was noted in Q1 2025 results. This relationship stems from long-term licensing agreements signed with four of the company's largest cellular customers.

The strategic focus areas for these high-value engagements in 2025 included:

• Securing two strategic automotive IP agreements with U.S. companies in Q2 2025 for V2X and 4D radar.
• The company supports two of the four large OEMs in wireless infrastructure, holding over 30% market share in that area.
• The company is aiming to increase its mobile market share from 15% to over 20% by next year (2026).

Finance: draft 13-week cash view by Friday.

CEVA, Inc. (CEVA) - Canvas Business Model: Channels

You're looking at how CEVA, Inc. gets its IP and software tools into the hands of the designers building the next wave of Smart Edge devices. The channel strategy here is all about direct engagement and a strong partner network to push licensing and drive royalties.

Direct sales force for IP licensing

The direct sales force is the engine closing the deals that generate the upfront licensing revenue. This channel is directly responsible for securing the agreements that underpin the company's financial stability between royalty cycles. For instance, in the third quarter of 2025, CEVA, Inc. completed twelve IP licensing agreements across AI, DSP, and connectivity sectors. This execution is key, as Licensing and related revenue hit $16.0 million in Q3 2025. The AI pivot is clearly being driven through these direct sales efforts, with AI processor licensing contributing approximately one-third of total licensing revenue in both the second and third quarters of 2025.

Here's a look at the recent licensing revenue performance:

Metric	Q2 2025 Amount	Q3 2025 Amount
Licensing and Related Revenue	$15.0 million	$16.0 million
Consecutive Quarters Licensing Revenue > $15M	5	6

The direct channel's success is also reflected in the capital return program; the company repurchased 340,000 shares for approximately $7.2 million year-to-date in 2025.

Global field application engineering (FAE) teams

The FAE teams act as the technical bridge, helping customers integrate the licensed IP-like the NeuPro NPU or Ceva-Waves Wi-Fi-into their silicon designs. While the exact headcount isn't public, the global footprint suggests a significant support structure is in place to service these complex technical sales. The company maintains a global presence with offices listed across multiple continents, including headquarters in Rockville, USA, and locations in Israel, France, Japan, South Korea, and various sites across China. This physical presence supports the technical validation and troubleshooting required for deep IP integration.

• Support for Ceva-NeuPro-Nano NPU integration.
• Technical bridge for automotive IP wins (V2X, 4D radar).
• On-site support for product demonstration activities.
• Troubleshooting of product HW & SW issues remotely and at customer sites.

Technology ecosystem for software and tools

The technology ecosystem channel is critical for accelerating customer time-to-market by providing pre-optimized software, tools, and third-party solutions that work seamlessly with CEVA, Inc.'s IP. This reduces the perceived risk of adopting new IP blocks. At CES 2025, the expansion of the embedded AI NPU ecosystem was a major theme, adding new collaborations to streamline development.

Key ecosystem activities as of early 2025 include:

• New collaborations with Cyberon and AIZIP offering pre-optimized neural networks for keyword spotting and face recognition on NeuPro-Nano.
• Expanded integration with Edge Impulse Studio supporting NVIDIA's TAO toolkit for NPN32 and NPN64 NPUs.
• Partnerships with Oritek Semiconductor for ADAS chipsets and Bestechnic for Wi-Fi 6 and Bluetooth Dual Mode IP integration.
• The overall partner program incorporates more than 100 partners providing complementary software, tools, and design services.

Investor Relations for financial transparency

Investor Relations is the channel for communicating financial performance and strategic direction to the capital markets, directly influencing valuation and investor confidence. The company provides detailed quarterly updates, such as the Q3 2025 results, which are filed as an exhibit to the current report on Form 8K and accessible on the Investor Relations website at investors.ceva-ip.com. Transparency around both GAAP and non-GAAP metrics is a key part of this channel.

Key financial transparency metrics from Q3 2025:

Financial Metric	Q3 2025 Value
Total Revenue	$28.4 million
Non-GAAP Diluted EPS	$0.11 (Beat consensus of $0.10)
Non-GAAP Net Income	$2.7 million
GAAP Net Loss	$2.5 million
Non-GAAP Gross Margin	89%

The company actively participates in investor events, such as the UBS Global Technology and AI Conference on December 2nd, to maintain direct communication with analysts and portfolio managers. Finance: draft 13-week cash view by Friday.

CEVA, Inc. (CEVA) - Canvas Business Model: Customer Segments

You're looking at the core markets that drive CEVA, Inc.'s revenue through IP licensing and royalties as of the third quarter of 2025. The customer base is diverse, spanning from chip designers to large system manufacturers, all relying on CEVA's technology to enable intelligence and connectivity at the edge.

The total volume of Ceva-powered devices shipped by licensees in the third quarter of 2025 hit 579 million units, which was up 19% sequentially and 11% year-over-year. This volume underpins the royalty stream across all segments.

Here's a breakdown of the key customer segments and their recent performance metrics:

Customer Segment	Key Technology Focus	Q3 2025 Royalty/Volume Indicator	Year-over-Year Royalty Change
Consumer IoT (wearables, smart home)	Bluetooth, Wi-Fi 6, Cellular IoT	Record 500 million units shipped (Consumer IoT portion of total)	Consumer IoT Royalty Growth: 9%
Semiconductor companies (fabless and IDMs)	AI Processors (NeuPro NPU), Connectivity	AI processor licensing contributed one-third of licensing revenue in Q3 2025	N/A (Licensing focus)
Automotive (ADAS, V2X, 4D radar)	AI DSP for ADAS, V2X, 4D Radar IP	Two large semiconductor customers ramping ADAS volume shipments	N/A (Royalty growth mentioned, but no specific percentage)
Infrastructure (5G RAN base stations)	5G SWAN technology	Royalty Revenue up 91% year-over-year	91% increase
Mobile (Smartphones)	5G Modem IP	69 million units shipped (12% of total units)	Mobile Royalties up 4% year-over-year

The AI business is becoming a defintely meaningful part of the overall licensing mix. AI processor licensing represented roughly one-third of the total licensing revenue in both the second and third quarters of 2025.

You'll see the strength in connectivity IP reflected in the shipment numbers:

• Cellular IoT shipments reached an all-time high of 69 million units in Q3 2025, marking a 41% increase year-over-year.
• Wi-Fi 6 shipments set a new record, up 194% year-over-year.
• Bluetooth shipments were 303 million units in the quarter, a slight dip of 1% from 306 million in Q3 2024.

The semiconductor segment is seeing direct engagement with major players; for instance, Microchip Technology licensed the full NeuPro NPU portfolio for their future roadmaps. Also, CEVA, Inc. secured two strategic automotive IP agreements in Q2 2025 specifically for V2X and 4D radar applications.

The infrastructure segment, covering 5G SWAN, showed explosive growth in royalties, which were up 91% year-over-year in Q3 2025. That's a clear indicator of design wins moving into volume production.

For mobile, the recovery in the low-end smartphone segment, coupled with a second model launch from a U.S. OEM featuring CEVA's 5G modem, helped push mobile royalties up 4% year-over-year.

Finance: review the Q4 2025 licensing pipeline against the Q3 AI licensing contribution of one-third of licensing revenue by end of week.

CEVA, Inc. (CEVA) - Canvas Business Model: Cost Structure

You're looking at the core expenses that drive CEVA, Inc.'s operations as of late 2025. Honestly, for an IP licensing company, the cost structure is heavily weighted toward talent and future innovation, which means high fixed costs related to research.

High R&D expenses are a major component, reflecting the continuous need to develop and update silicon and software intellectual property (IP). For the third quarter ended September 30, 2025, Research and Development, net, totaled $19,532 thousand. This figure is substantial, underscoring the commitment to staying ahead in areas like AI processors and wireless connectivity IP. This high spend is the engine for future revenue streams.

The cost of that specialized talent is embedded within the operating expenses. Personnel costs for specialized engineers are the primary driver behind the R&D line item. Furthermore, these specialized teams are also involved in supporting complex customer integrations, which ties into the Sales and Marketing and General and Administrative buckets, though the bulk of their compensation sits in R&D.

Your Sales, General, and Administrative (SG&A) expenses cover the necessary overhead to run the business, from marketing the IP portfolio to managing contracts and corporate functions. For Q3 2025, these costs are detailed below, combining Sales and Marketing with General and Administrative spending.

Here's the quick math on the SG&A components for the third quarter of 2025 (in thousands of USD):

Cost Component	Q3 2025 Amount (in thousands)
Sales and Marketing	$3,012
General and Administrative	$4,383
Total SG&A	$7,395

Another line item that eats into the GAAP results is the Amortization of acquired intangible assets. This non-cash charge relates to past acquisitions, spreading their cost over their useful lives. In Q3 2025, this expense was relatively small at $149 thousand.

When you look at the bottom line before taxes and other adjustments, the operating performance shows the pressure from these fixed costs. CEVA, Inc. reported a GAAP Operating Loss of $2,084 thousand (or approximately $2.1 million) for Q3 2025. This compares to a loss of $2,624 thousand in the same period last year, so there was some improvement, but it still reflects that the current operating expenses outpace the GAAP operating revenue for the period.

To give you a clearer picture of the total operating expense structure for the quarter, consider these key figures (all in thousands of USD):

• Research and Development, net: $19,532
• Total SG&A (Sales & Marketing + G&A): $7,395
• Amortization of intangible assets: $149
• Total Operating Expenses (GAAP): $27,076

The total operating expenses for Q3 2025 were $27,076 thousand. Still, the non-GAAP operating expenses, which strip out items like equity-based compensation and amortization, were lower at $22,000 thousand (using the $22.1 million mentioned in one source, which is close to the sum of the reported GAAP expenses minus the non-GAAP exclusions). This difference highlights how much non-cash or non-recurring items affect the GAAP view of the cost base. Finance: draft 13-week cash view by Friday.

CEVA, Inc. (CEVA) - Canvas Business Model: Revenue Streams

You're looking at the core engine of CEVA, Inc.'s financial structure, which is heavily weighted toward intellectual property (IP) monetization through upfront fees and ongoing usage payments. For the third quarter of 2025, CEVA, Inc. reported total revenue of $28.4 million.

This revenue is cleanly split between two primary sources, which you can see broken down here:

Revenue Component	Q3 2025 Amount	Percentage of Total Revenue
Licensing and Related Revenue	$16.0 million	56%
Royalty Revenue from Unit Shipments	$12.4 million	44%

The Licensing and related revenue, which hit $16.0 million in Q3 2025, is where the upfront value of CEVA, Inc.'s IP is captured. This segment is showing strong momentum, particularly from the AI side of the business. Honestly, this is a key indicator of future health; AI processor licensing contributed approximately one-third of the total licensing revenue in both the second and third quarters of 2025. That's a major milestone for CEVA, Inc.'s AI strategy. These wins are structured as multi-year agreements, which definitely provides good visibility into future revenue streams, even if the immediate cash is in the upfront fee.

The Royalty revenue, which totaled $12.4 million for the quarter, is the direct measure of how many of their licensed technologies are actually shipping in customer products. This stream grew 6% year-over-year. The volume driving this is substantial:

• Ceva-powered device shipments reached 579 million units in Q3 2025.
• Royalty revenue was supported by record wireless IoT shipments, including new highs in Wi-Fi 6 and cellular IoT.
• The Wireless IP portfolio, which includes Bluetooth, Wi-Fi, UWB, and cellular IoT, achieved its strongest royalty revenue quarter on record.
• Licensing revenue for the first three quarters of 2025 reached $46.1 million, up 4% compared to the same period in 2024.

To be fair, the non-GAAP gross margin for the quarter was very strong at 89%, which makes sense given the high-margin nature of IP licensing.