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Ceva reports Q1 revenue growth on strong licensing and AI adoption, with key wins in Bluetooth and automotive AI.

Company Fundamentals
11 May 2026
PRNewsWire
View Source
Bullish
pluang ai news

Ceva, Inc. reported Q1 2026 revenue of $27 million, up 11% year-over-year, driven by strong licensing growth and accelerating edge AI adoption. The company signed 14 IP licensing agreements, including major wins in Bluetooth High Data Throughput and automotive AI integrated in the 2026 Toyota RAV4. AI now represents over 20% of licensing revenues, reflecting Ceva's expanding footprint in smart edge solutions. Despite a GAAP net loss, non-GAAP earnings showed modest profitability, positioning Ceva well for future growth in integrated connectivity and AI technologies.

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