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CEVA SECOND QUARTER 2026 EARNINGS THREE - YEAR HIGH LICENSING REVENUE MI $ 18.2M NASDAQ : CEVA visit us at investors.ceva-ip.com 5 STRONG OPERATING LEVERAGE STRATEGY EXECUTION IN Q2 ΑΙ Driven by strong Al and connectivity demand $ 3.1M Non - GAAP Operating Income - more than 3x vs. Q2'25 11 % Non - GAAP Operating Margin - vs. 3 % in Q2'25 NPU win with leading global Al & compute platform company TOTAL REVENUE EARNINGS PER SHARE QUARTERLY REVENUES Q2'26 IP $ 29.0M ( 10 ¢ ) Licensing & Related 8 ¢ Expansion from individual versus $ 25.7 million in Q2'25 GAAP versus ( 154 ) in Q2'25 NON - GAAP versus 7 ¢ In Q2'25 $ 15M $ 16M $ 17.5M $ 17.8M $ 18.2M IP blocks to broader platform solutions QUARTERLY PERFORMANCE OVERVIEW Q2'25 Q3'25 04'25 Q1'26 Royalties $ 13.8M $ 10.7M $ 12.4M $ 9.2M $ 10.8M Revenue Breakdown Q2'25 Q2'26 Q2'25 Q3'25 Q4'25 Q1'26 Licensing $ 15M & Related $ 18.2M YoY Change + 21 % Royalties $ 10.7M $ 10.8M YoY Change SHIPMENT DATA + 1 % Operating Income × Non - GAAP Operating Income $ 3.1M Versus $ 0.8M Operating Income In Q2'25 295M Bluetooth WiFi 80M Wi - Fi Earnings Non - GAAP Net Income $ 2.3M In Q2'25 Versus $ 1.8M Net Income 61M Smartphones 567M UNITS ---- 506M →→→ Smart Edge ( ex - smartphones ) 68M⭑ Cellular loT 63M 000 Other * indicates record high . Wi Fi High - volume U.S. semiconductor company adopts complete wireless platform RealSpace Elevate launched for PC gaming FAST FACTS 406 Ceva employees worldwide as of Q2,327 of which are engineers 10 Deals signed in the quarter , including 2 with OEMs and 2 first - time customers $ 221M Cash and cash equivalent balances , marketable securities and bank deposits at the end of Q2 , debt free POWERING THE SMART EDGE CONNECT SENSE INFER