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Side-by-side financial comparison of CEVA INC (CEVA) and Genasys Inc. (GNSS). Click either name above to swap in a different company.

CEVA INC is the larger business by last-quarter revenue ($31.3M vs $17.1M, roughly 1.8× Genasys Inc.). CEVA INC runs the higher net margin — -3.5% vs -4.8%, a 1.3% gap on every dollar of revenue. On growth, Genasys Inc. posted the faster year-over-year revenue change (145.9% vs 7.1%). Over the past eight quarters, Genasys Inc.'s revenue compounded faster (72.4% CAGR vs 19.1%).

CEVA Logistics is a global logistics and supply chain company that operates both freight management and contract logistics. It was purchased by the CMA CGM group in 2019. Since this purchase, CMA CGM has acquired other logistics and transportation companies to merge with and develop CEVA Logistics, such as Ingram Micro Commerce & Lifecycle Services and GEFCO.

Genasys Inc. is based in San Diego, California. Its long-range acoustic device (LRAD) products are used for long-range acoustic hailing and mass notification. Its software-as-a-service products Genasys Protect and Evertel are used for zone-based multi-channel communication and secure messaging and collaboration, respectively. Genasys Acoustics are integrated speakers used to send long range voice broadcasts. The company was previously named American Technology Corporation (ATC) until 2010 and...

CEVA vs GNSS — Head-to-Head

Bigger by revenue
CEVA
CEVA
1.8× larger
CEVA
$31.3M
$17.1M
GNSS
Growing faster (revenue YoY)
GNSS
GNSS
+138.8% gap
GNSS
145.9%
7.1%
CEVA
Higher net margin
CEVA
CEVA
1.3% more per $
CEVA
-3.5%
-4.8%
GNSS
Faster 2-yr revenue CAGR
GNSS
GNSS
Annualised
GNSS
72.4%
19.1%
CEVA

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
CEVA
CEVA
GNSS
GNSS
Revenue
$31.3M
$17.1M
Net Profit
$-1.1M
$-817.0K
Gross Margin
88.1%
48.0%
Operating Margin
-1.3%
-2.1%
Net Margin
-3.5%
-4.8%
Revenue YoY
7.1%
145.9%
Net Profit YoY
36.8%
80.0%
EPS (diluted)
$-0.02

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
CEVA
CEVA
GNSS
GNSS
Q4 25
$31.3M
$17.1M
Q3 25
$28.4M
$17.0M
Q2 25
$25.7M
$9.9M
Q1 25
$24.2M
$6.9M
Q4 24
$29.2M
$6.9M
Q3 24
$27.2M
$6.7M
Q2 24
$28.4M
$7.2M
Q1 24
$22.1M
$5.7M
Net Profit
CEVA
CEVA
GNSS
GNSS
Q4 25
$-1.1M
$-817.0K
Q3 25
$-2.5M
$-1.4M
Q2 25
$-3.7M
$-6.5M
Q1 25
$-3.3M
$-6.1M
Q4 24
$-1.7M
$-4.1M
Q3 24
$-1.3M
$-11.4M
Q2 24
$-291.0K
$-6.7M
Q1 24
$-5.4M
$-6.9M
Gross Margin
CEVA
CEVA
GNSS
GNSS
Q4 25
88.1%
48.0%
Q3 25
88.0%
50.3%
Q2 25
86.2%
26.3%
Q1 25
85.6%
37.7%
Q4 24
88.5%
45.8%
Q3 24
85.4%
40.8%
Q2 24
89.7%
52.8%
Q1 24
88.7%
37.9%
Operating Margin
CEVA
CEVA
GNSS
GNSS
Q4 25
-1.3%
-2.1%
Q3 25
-7.3%
7.7%
Q2 25
-17.5%
-60.1%
Q1 25
-18.1%
-90.2%
Q4 24
0.3%
-85.6%
Q3 24
-9.6%
-105.8%
Q2 24
-0.1%
-74.8%
Q1 24
-22.5%
-121.9%
Net Margin
CEVA
CEVA
GNSS
GNSS
Q4 25
-3.5%
-4.8%
Q3 25
-8.8%
-8.3%
Q2 25
-14.4%
-65.8%
Q1 25
-13.7%
-88.6%
Q4 24
-5.9%
-58.8%
Q3 24
-4.8%
-168.9%
Q2 24
-1.0%
-93.2%
Q1 24
-24.7%
-120.9%
EPS (diluted)
CEVA
CEVA
GNSS
GNSS
Q4 25
$-0.02
Q3 25
$-0.03
Q2 25
$-0.14
Q1 25
$-0.14
Q4 24
$-0.09
Q3 24
$-0.26
Q2 24
$-0.15
Q1 24
$-0.16

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
CEVA
CEVA
GNSS
GNSS
Cash + ST InvestmentsLiquidity on hand
$40.6M
$10.3M
Total DebtLower is stronger
Stockholders' EquityBook value
$336.5M
$1.8M
Total Assets
$388.3M
$67.6M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CEVA
CEVA
GNSS
GNSS
Q4 25
$40.6M
$10.3M
Q3 25
$17.3M
$8.0M
Q2 25
$29.1M
$5.5M
Q1 25
$18.8M
$7.1M
Q4 24
$18.8M
$13.6M
Q3 24
$13.2M
$12.9M
Q2 24
$25.0M
$12.7M
Q1 24
$21.6M
$6.6M
Stockholders' Equity
CEVA
CEVA
GNSS
GNSS
Q4 25
$336.5M
$1.8M
Q3 25
$268.7M
$2.2M
Q2 25
$265.9M
$3.2M
Q1 25
$269.1M
$8.1M
Q4 24
$266.6M
$13.7M
Q3 24
$265.8M
$17.6M
Q2 24
$263.8M
$28.5M
Q1 24
$262.3M
$34.9M
Total Assets
CEVA
CEVA
GNSS
GNSS
Q4 25
$388.3M
$67.6M
Q3 25
$306.0M
$63.9M
Q2 25
$302.8M
$57.4M
Q1 25
$310.0M
$49.7M
Q4 24
$308.9M
$54.6M
Q3 24
$304.9M
$53.9M
Q2 24
$300.4M
$59.4M
Q1 24
$301.4M
$51.0M

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
CEVA
CEVA
GNSS
GNSS
Operating Cash FlowLast quarter
$8.7M
$7.2M
Free Cash FlowOCF − Capex
$7.2M
FCF MarginFCF / Revenue
23.1%
Capex IntensityCapex / Revenue
4.8%
0.0%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-6.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CEVA
CEVA
GNSS
GNSS
Q4 25
$8.7M
$7.2M
Q3 25
$-5.9M
$2.5M
Q2 25
$1.2M
$-5.9M
Q1 25
$-7.4M
$-6.3M
Q4 24
$8.0M
$947.0K
Q3 24
$399.0K
$556.0K
Q2 24
$2.4M
$-7.5M
Q1 24
$-7.3M
$-6.8M
Free Cash Flow
CEVA
CEVA
GNSS
GNSS
Q4 25
$7.2M
Q3 25
$-6.3M
$2.5M
Q2 25
$492.0K
$-5.9M
Q1 25
$-7.7M
$-6.5M
Q4 24
$7.0M
$878.0K
Q3 24
$-15.0K
$526.0K
Q2 24
$1.8M
$-7.5M
Q1 24
$-8.3M
$-6.8M
FCF Margin
CEVA
CEVA
GNSS
GNSS
Q4 25
23.1%
Q3 25
-22.1%
14.5%
Q2 25
1.9%
-59.9%
Q1 25
-31.8%
-93.4%
Q4 24
24.0%
12.7%
Q3 24
-0.1%
7.8%
Q2 24
6.2%
-105.0%
Q1 24
-37.4%
-118.1%
Capex Intensity
CEVA
CEVA
GNSS
GNSS
Q4 25
4.8%
0.0%
Q3 25
1.5%
0.2%
Q2 25
2.7%
0.1%
Q1 25
1.3%
2.2%
Q4 24
3.5%
1.0%
Q3 24
1.5%
0.4%
Q2 24
2.1%
0.1%
Q1 24
4.1%
0.2%

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

CEVA
CEVA

Transferred At Point In Time$28.1M90%
Transferred Over Time$3.2M10%

GNSS
GNSS

Hardware$14.8M87%
Software$2.3M13%

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