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Ceva CEVA Royalty — Contract With Customer Asset Net Current

Other product segments

Licensing And Other
$13.62M-3.5%

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Other financials

Income statement

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Revenue$29.0M+13.1%
Gross profit$25.4M+14.7%
Operating income-$2.1M+53.7%
Net income-$2.9M+21.4%
EPS (diluted)-$0.21-200%

Balance sheet

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Cash & equivalents$44.3M+52.3%
Total debt$17.4M+299%
Total equity$340.2M+28.0%
Total assets$391.9M+29.4%

Cash flow

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Operating cash flow$5.8M
CapEx$634.0K-8.2%
Free cash flow-$7.2M+6.7%

Valuation

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Market cap$1.08B+107%
Enterprise value$1.05B+112%
P/S9.3×+4.4×

Profitability

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Gross margin89.9%
Operating margin-0.3%
Net margin-9.5%0.0pp
FCF margin1%

Returns & leverage

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Return on equity-3.6%-0.2pp
Debt / equity0.1×0.0×
Current ratio10.1×+1.5×

Where this comes from

Reported directly by Ceva in its filing.

Tagged under the XBRL concept us-gaap:ContractWithCustomerAssetNetCurrent.

The source filing: Ceva’s 10-Q, filed August 10, 2026.

Filed
Aug 10, 2026, 4:11 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001437749-26-026774
Line itemJune 30, 2026December 31, 2025
Currents assets (classified under “Trade receivables”):
Trade receivables$22,312$19,495
Unbilled receivables (associated with licensing and related revenues)13,61816,545
Unbilled receivables (associated with royalties)10,78513,315
Total current assets46,71549,355
Long-term assets (classified under “Other long-term assets”):
Unbilled receivables (associated with licensing and related revenues)3,5561,176
Deferred revenues (short-term contract liabilities)2,6923,496

Item 1. FINANCIAL STATEMENTS

FAQ

What is Ceva's royalty — contract with customer asset net current?
Ceva (CEVA) reported royalty — contract with customer asset net current of $10.79M in Q2 2026.
How has Ceva's royalty — contract with customer asset net current changed year-over-year?
Ceva's royalty — contract with customer asset net current increased by 0.4% year-over-year, from $10.74M to $10.79M.
What is the long-term trend for Ceva's royalty — contract with customer asset net current?
Over 4 years (2021 to 2025), Ceva's royalty — contract with customer asset net current has grown at a 0.7% compound annual growth rate (CAGR), from $43.13M to $44.3M.
What does royalty — contract with customer asset net current mean?
This metric represents the current portion of assets recognized from royalty contracts with customers, reflecting rights to consideration that are unconditional except for the passage of time. It captures the short-term value of earned royalties that have not yet been collected in cash. Monitoring this balance helps assess the company's working capital efficiency and the timing of cash inflows from its licensing business model.

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