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

CEVA INC is the larger business by last-quarter revenue ($31.3M vs $17.2M, roughly 1.8× Invivyd, Inc.). CEVA INC runs the higher net margin — -3.5% vs -64.3%, a 60.8% gap on every dollar of revenue. On growth, Invivyd, Inc. posted the faster year-over-year revenue change (24.5% vs 7.1%).

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.

Invivyd, Inc. is a clinical-stage biopharmaceutical company focused on developing broadly neutralizing antibody therapies to prevent and treat serious viral infectious diseases. Its core research and development pipeline targets high-burden respiratory pathogens including respiratory syncytial virus, catering to unmet medical needs of global patient groups.

CEVA vs IVVD — Head-to-Head

Bigger by revenue
CEVA
CEVA
1.8× larger
CEVA
$31.3M
$17.2M
IVVD
Growing faster (revenue YoY)
IVVD
IVVD
+17.4% gap
IVVD
24.5%
7.1%
CEVA
Higher net margin
CEVA
CEVA
60.8% more per $
CEVA
-3.5%
-64.3%
IVVD

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
CEVA
CEVA
IVVD
IVVD
Revenue
$31.3M
$17.2M
Net Profit
$-1.1M
$-11.1M
Gross Margin
88.1%
Operating Margin
-1.3%
-73.0%
Net Margin
-3.5%
-64.3%
Revenue YoY
7.1%
24.5%
Net Profit YoY
36.8%
40.0%
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
IVVD
IVVD
Q4 25
$31.3M
$17.2M
Q3 25
$28.4M
$13.1M
Q2 25
$25.7M
$11.8M
Q1 25
$24.2M
$11.3M
Q4 24
$29.2M
$13.8M
Q3 24
$27.2M
$9.3M
Q2 24
$28.4M
$2.3M
Q1 24
$22.1M
$0
Net Profit
CEVA
CEVA
IVVD
IVVD
Q4 25
$-1.1M
$-11.1M
Q3 25
$-2.5M
$-10.5M
Q2 25
$-3.7M
$-14.7M
Q1 25
$-3.3M
$-16.3M
Q4 24
$-1.7M
$-18.4M
Q3 24
$-1.3M
$-60.7M
Q2 24
$-291.0K
$-47.2M
Q1 24
$-5.4M
$-43.5M
Gross Margin
CEVA
CEVA
IVVD
IVVD
Q4 25
88.1%
Q3 25
88.0%
Q2 25
86.2%
Q1 25
85.6%
Q4 24
88.5%
Q3 24
85.4%
Q2 24
89.7%
Q1 24
88.7%
Operating Margin
CEVA
CEVA
IVVD
IVVD
Q4 25
-1.3%
-73.0%
Q3 25
-7.3%
-84.0%
Q2 25
-17.5%
-127.8%
Q1 25
-18.1%
-149.7%
Q4 24
0.3%
-139.1%
Q3 24
-9.6%
-670.0%
Q2 24
-0.1%
-2175.2%
Q1 24
-22.5%
Net Margin
CEVA
CEVA
IVVD
IVVD
Q4 25
-3.5%
-64.3%
Q3 25
-8.8%
-79.7%
Q2 25
-14.4%
-124.4%
Q1 25
-13.7%
-144.1%
Q4 24
-5.9%
-133.5%
Q3 24
-4.8%
-653.1%
Q2 24
-1.0%
-2086.9%
Q1 24
-24.7%
EPS (diluted)
CEVA
CEVA
IVVD
IVVD
Q4 25
$0.02
Q3 25
$-0.06
Q2 25
$-0.12
Q1 25
$-0.14
Q4 24
$-0.14
Q3 24
$-0.51
Q2 24
$-0.40
Q1 24
$-0.38

Balance Sheet & Financial Strength

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

Metric
CEVA
CEVA
IVVD
IVVD
Cash + ST InvestmentsLiquidity on hand
$40.6M
$226.7M
Total DebtLower is stronger
Stockholders' EquityBook value
$336.5M
$241.5M
Total Assets
$388.3M
$276.9M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CEVA
CEVA
IVVD
IVVD
Q4 25
$40.6M
$226.7M
Q3 25
$17.3M
$85.0M
Q2 25
$29.1M
$34.9M
Q1 25
$18.8M
$48.1M
Q4 24
$18.8M
$69.3M
Q3 24
$13.2M
$106.9M
Q2 24
$25.0M
$147.9M
Q1 24
$21.6M
$189.4M
Stockholders' Equity
CEVA
CEVA
IVVD
IVVD
Q4 25
$336.5M
$241.5M
Q3 25
$268.7M
$93.1M
Q2 25
$265.9M
$42.8M
Q1 25
$269.1M
$54.1M
Q4 24
$266.6M
$67.5M
Q3 24
$265.8M
$83.2M
Q2 24
$263.8M
$140.6M
Q1 24
$262.3M
$178.5M
Total Assets
CEVA
CEVA
IVVD
IVVD
Q4 25
$388.3M
$276.9M
Q3 25
$306.0M
$139.2M
Q2 25
$302.8M
$89.1M
Q1 25
$310.0M
$103.7M
Q4 24
$308.9M
$129.5M
Q3 24
$304.9M
$161.9M
Q2 24
$300.4M
$177.3M
Q1 24
$301.4M
$215.5M

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
IVVD
IVVD
Operating Cash FlowLast quarter
$8.7M
$-15.5M
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
IVVD
IVVD
Q4 25
$8.7M
$-15.5M
Q3 25
$-5.9M
$-8.3M
Q2 25
$1.2M
$-13.3M
Q1 25
$-7.4M
$-21.1M
Q4 24
$8.0M
$-37.6M
Q3 24
$399.0K
$-41.1M
Q2 24
$2.4M
$-41.6M
Q1 24
$-7.3M
$-50.2M
Free Cash Flow
CEVA
CEVA
IVVD
IVVD
Q4 25
$7.2M
Q3 25
$-6.3M
Q2 25
$492.0K
$-13.3M
Q1 25
$-7.7M
$-21.3M
Q4 24
$7.0M
$-37.6M
Q3 24
$-15.0K
$-41.1M
Q2 24
$1.8M
Q1 24
$-8.3M
$-50.4M
FCF Margin
CEVA
CEVA
IVVD
IVVD
Q4 25
23.1%
Q3 25
-22.1%
Q2 25
1.9%
-112.9%
Q1 25
-31.8%
-188.2%
Q4 24
24.0%
-272.2%
Q3 24
-0.1%
-441.6%
Q2 24
6.2%
Q1 24
-37.4%
Capex Intensity
CEVA
CEVA
IVVD
IVVD
Q4 25
4.8%
0.0%
Q3 25
1.5%
0.0%
Q2 25
2.7%
0.1%
Q1 25
1.3%
1.3%
Q4 24
3.5%
0.0%
Q3 24
1.5%
0.1%
Q2 24
2.1%
0.0%
Q1 24
4.1%

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%

IVVD
IVVD

Segment breakdown not available.

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