Xperi Inc. XPER
AI-generated report · not investment advice · figures extracted automatically; please verify against the linked original more
Business Model#
What the company does and how it earns its money; written AI-editorially, exclusively from the company's original reports, without any assessment of our own.
Xperi Inc. is a technology licensing and platform company operating across three primary segments: Media Platform, Consumer Electronics, and Connected Car. The Media Platform segment includes the TiVo OS smart television operating system, TiVo One advertising platform, and IPTV solutions, generating revenue through operator subscriptions, per-user advertising, and platform fees. The Consumer Electronics segment licenses DTS audio technologies – including DTS:X and DTS Clear Dialogue – to television, PC, mobile, and audio equipment manufacturers globally, earning per-unit royalties and minimum guarantee payments under multi-year agreements. The Connected Car segment comprises DTS AutoStage, an in-vehicle content and audio platform deployed across automotive brands, and HD Radio, a digital terrestrial radio standard licensed to OEMs and Tier 1 automotive suppliers, with revenue derived from per-vehicle royalties, music metadata services, and contractual minimums. Xperi does not manufacture end products; its economics are driven by the scale of licensed device shipments, subscriber and user counts, advertising impressions, and the renewal cadence of multi-year licensing agreements.
Current Status#
Summary of the most recent reporting period: core figures, drivers and management statements; written editorially from the current original report, every figure backed by a source number.
Price & Chart#
Interactive price chart (TradingView) and the trend of key figures from the core tables. The price chart loads only after a click; at that point a connection to TradingView is established.
Daily candles with news and earnings markers. Loads only on click.
Share-Price Drivers#
Factors the company itself names as material for its business development (IR-based); reproduced neutrally, no price forecast and no assessment of our own.
TiVo OS added an expanding roster of smart-TV brand partners (Sharp, Thomson, Argos/Bush, plus a seventh and additional Japanese brands) and 80+ new streaming services, while TiVo One advertising entered North America with a home-page ad unit; consolidated revenue rose to 114.5 in 2026-Q2 from 105.9 a year earlier with growth flagged as accelerating 19 31 17 130
Successive brand launches (Sharp, Thomson European launch, Argos/Bush, Konka, Skyworth) and 80+ additional streaming services on TiVo OS, with further Smart-TV expansion cited into 2026-Q2 17 19 31
TiVo One ad platform entry into North America and a home-page ad unit in Q1 2025, followed by Programmatic Dynamic Ad Insertion (IPTV solution, NCTC partnership) and a Samba TV partnership 19 28 30
BYD AutoStage program enrollment, a multi-year HD Radio program with an Asian Tier 1 supplier, HD Radio in Audi/Honda/Mercedes/Toyota models, and Mercedes-Benz DTS AutoStage Video launch 30 28 27
Multi-year DTS audio renewal, Tencent Music DTS:X encoding partnership, a PC-leader sound-technology agreement, and content-discovery deals with Frontier and Cogeco 30 28 26
Adjusted operating income improved to 18.3 in 2026-Q2 from 8.8 a year earlier and adjusted EPS to 0.28 from 0.11, with free cash flow of 14.1; GAAP net income remained slightly negative at -1.5 130
Sector trend: Connected-TV platform demand (partner smart-TV launches, streaming breadth) and automotive audio/HD Radio adoption are broadening, while advertising monetization via TiVo One and programmatic ad insertion is expanding 19 28 30. Adjusted operating margin is trending up (adjusted operating income 18.3 vs 8.8 year-over-year) even as GAAP results stay near breakeven 130.
Event Timeline#
This timeline collects the material events from the original reports: guidance changes, revenue and margin signals, strategy shifts, product and M&A announcements. Events are grouped by quarter (most recent first); the grey tag before each event names the event type, the date is the publication date of the source. Management quotes open the quarter block as direct quotes. Per quarter we show the three most defining events; more can be expanded per quarter, older years are collapsed. Every event carries its source as a superscript, clickable number.
2026 · 6 events
2026-Q2 · Apr – Jun 2026
Advertising and related revenue grew 54% year-over-year; Media Platform revenue grew 44% year-over-year in Q2 2026 30
BYD, largest electric vehicle manufacturer by global sales, joined AutoStage as 14th automotive brand committing to deploy audio and video platform across export models 30
2026-Q1 · Jan – Mar 2026
Operating income improved to $2.2M from loss of $16.4M in Q1 2025, primarily driven by $18.4M reduction in operating expenses following November 2025 restructuring 29
Non-GAAP Adjusted EBITDA Margin expanded from 14.4% to 22.1% year-over-year 28
2025 · 14 events
2025-Q4 · Oct – Dec 2025
FY2025 revenue decreased 9% to $448.1 million, primarily driven by $54.0 million decline in Pay-TV revenue due to lower guide product revenue and end-of-life consumer hardware, partially offset by $13.2 million increase in Connected Car revenue 27
Company expects to double Media Platform revenue and achieve positive free cash flow in 2026 26
TiVo One monthly active users grew over 250% to 5.3 million at year end, exceeding 2025 goal; DTS AutoStage footprint increased 40% to 14 million vehicles; Mercedes-Benz signed to launch DTS AutoStage video service powered by TiVo 26
Operating cash flow turned positive on a half-year basis (2025-H1: -12.2 to 2025-H2: +11.6 USDm, aggregated from reported quarters where needed). 126
2025-Q3 · Jul – Sep 2025
Q3 revenue declined 16% to $111.6 million, primarily driven by a $31.9 million decrease in Pay-TV revenue, partially offset by Connected Car and Consumer Electronics growth 25
Restructuring plan approved November 1, 2025 to reduce global workforce by approximately 250 employees, with estimated charges of $16.0-$18.0 million and anticipated annualized savings of $30.0-$35.0 million 25
Reiterated full-year 2025 revenue guidance of $440-$460 million with adjusted EBITDA margin of 15%-17% 24
2025-Q2 · Apr – Jun 2025
Q2 revenue declined 11% to $105.9 million from $119.6 million in Q2 2024, primarily due to declines in Pay-TV and Connected Car revenue; H1 2025 decline partially attributable to divestitures of AutoSense and Perceive 23
Operating loss improved to 11% of revenue in Q2 2025 from 18% in Q2 2024, and to 12% for H1 2025 from 23% in H1 2024, reflecting cost reduction efforts 23
Full-year 2025 revenue guidance reduced from $480-$500 million to $440-$460 million, and adjusted EBITDA margin guidance reduced from 16%-18% to 15%-17%, citing macroeconomic uncertainty 21
EBITDA turned positive for the first time after 15 negative periods (-3.8 to +1.5 USDm). 130
2025-Q1 · Jan – Mar 2025
Q1 revenue declined 4% to $114.0 million, driven by declines in Pay-TV, Media Platform, and Consumer Electronics, partially offset by Connected Car growth 20
Voluntarily repaid $50.0 million Vewd senior unsecured promissory note in full on February 21, 2025, and established new $40.0 million accounts receivable securitization facility with PNC Bank 20
Adjusted EBITDA increased 200% year-over-year to $16.4 million, driven by cost reductions and business divestitures (AutoSense, Perceive) that reduced the prior-year expense base 19
2024 · 14 events
2024-Q4 · Oct – Dec 2024
TiVo OS reached over two million activated Smart TVs with Sharp Smart TVs production launched in December 2024; DTS AutoStage global installed base doubled year-over-year to exceed 10 million vehicles 17
Net income turned positive for the first time after 13 negative periods (-16.8 to +63.0 USDm). 126
Net cash position expanded to 130.6 USDm from 42.5 USDm in 2024-Q2 (+207%, derived from reported financial debt minus cash). 126
2024-Q3 · Jul – Sep 2024
Q3 revenue increased 2% to $132.9 million, driven by Pay-TV growth of $21.4 million, partially offset by Consumer Electronics decline of $15.4 million reflecting AutoSense Divestiture base effect 16
Non-GAAP Adjusted EBITDA Margin improved to 23.7% from 7.2% in Q3 2023 15
Perceive Corporation asset sale to Amazon closed October 2, 2024, for $80 million gross proceeds, with approximately $60 million net proceeds expected after tax planning 15
2024-Q2 · Apr – Jun 2024
Operating loss improved to $(21.9) million from $(35.2) million in Q2 2023; six-month operating loss narrowed to $(30.5) million from $(67.5) million year-over-year 13
Revenue declined 6% to $119.6 million from $126.9 million in Q2 2023 13
Signed seventh TiVo OS partner, a Top 5 U.S. smart TV supplier, planning launch in spring 2025; Smart TVs Powered by TiVo available across 15 European countries under 17 brands 13
2024-Q1 · Jan – Mar 2024
Revenue declined 6% to $118.8 million from $126.8 million in Q1 2023, driven by Consumer Electronics decline of $10.6 million due to AutoSense Divestiture and lower minimum guarantee contracts 12
Divestiture of AutoSense in-cabin safety business to Tobii AB completed in January 2024, generating a $22.9 million gain on divestiture 12
2023 · 14 events
2023-Q4 · Oct – Dec 2023
IPTV subscriber base reached 1.9 million, generating approximately $60M in revenue, up 38% year over year; Connected Car committed business exceeded $300M, growth of more than 10% from prior year adjusting for AutoSense divestiture (9)
Company issued FY2024 adjusted EBITDA margin guidance of 12%-14%, compared to full-year 2023 non-GAAP adjusted EBITDA of $34.7M (9)
Completed divestiture of AutoSense in-cabin safety and related imaging business to Tobii AB to focus on entertainment markets; formal strategic alternatives evaluation initiated for Perceive subsidiary (9)
Operating cash flow turned positive on a half-year basis (2023-H1: -44.6 to 2023-H2: +44.7 USDm, aggregated from reported quarters where needed). 117
2023-Q3 · Jul – Sep 2023
Revenue grew 7% YoY to $130.4M, led by $4.9M increase in Media Platform revenue from Vewd smart TV platform and $3.2M increase in Connected Car revenue from HD Radio and DTS solutions (7, 8)
Vestel began shipping Smart TVs Powered by TiVo under JVC brand to European retailers; a fourth Smart TV OEM signed for 2024 European lineup; HD Radio reached milestone of 100 million cars incorporating the technology (8)
DTS AutoStage Video Service integrated into new-generation BMW 5-Series across multiple countries; second DTS AutoStage Video Service program won with major European automotive OEM for 2025 model year deployment in Asia (8)
Operating cash flow reached 24.0 USDm vs 10.9 USDm in 2022-Q3 (×2.2). 115
2023-Q2 · Apr – Jun 2023
Revenue grew 1% YoY to $126.9M as Media Platform and Connected Car gains were largely offset by declines in Pay TV and Consumer Electronics, slowing from 7% growth in Q1 2023 (6)
Operating loss widened to 28% of revenue from 18% in Q2 2022, reflecting higher stock-based compensation from Vewd acquisition employee grants and increased SG&A expenses (6)
Sharp announced as second Smart TV OEM for TiVo OS under multi-year, multi-million-unit agreement; a third Smart TV OEM also signed; Smart TVs Powered by TiVo expected to ship in North America in 2024 (5)
2023-Q1 · Jan – Mar 2023
Revenue rose 7% YoY to $126.8M, driven by new and renewed minimum guarantee contracts in Consumer Electronics, Media Platform growth from Vewd acquisition, and Connected Car expansion (3, 4)
Company reaffirmed FY2023 revenue guidance of $510-$540M and adjusted EBITDA margin of 6%-10% (3)
DTS AutoStage awarded new in-cabin infotainment program with a major Japanese car manufacturer for North America; combined awarded programs exceeded 10 automotive OEMs across more than 100 car models (3)
Key Figures ($m)#
The company's core financial figures in three views, one below the other: fiscal years (as reported; after restatements the table shows the most recent filing version, marked), half-years (6-month basis, H2 = second half on its own) and quarters (3-month basis, not cumulative). Each row is one period, most recent first. Values with a dotted underline are clickable and show the raw value, the exact source location, the scale evidence and the source; derived values additionally show their formula and inputs. All values are extracted automatically from the filings; errors are possible; please verify decision-relevant figures yourself by clicking through to the linked original.
All figures serve only to support your own investment decision and are not a recommendation; the company's original reports are authoritative.
Fiscal years
| Period | Revenue | Op. income | Op. income (adj.) | Net income | EPS ($) | EPS adj. ($) | EBITDA (adj.) | OCF | Source |
|---|---|---|---|---|---|---|---|---|---|
| FY2025 | 448.1 | -43.7 | 53 | -56.3 | -1.23 | 0.78 | 77 | -0.5 | 126 |
| FY2024 | 493.7 | -87.1 | 49.4 | -14 | -0.31 | 0.97 | 74.18 | -55.3 | 126 |
| FY2023 | 521.3 | -129.6 | 11.1 | -136.6 | -3.18 | 0.01 | 34.67 | 0.1 | 10 |
Quarters
| Period | Published | Revenue | Op. income | Op. income (adj.) | Net income | EPS ($) | EPS adj. ($) | EBITDA (adj.) | FCF | Cash | Net Debt | Source |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026-Q2* | 2026-08-05 | 114.5 | 2.9 | 18.3 | -1.5 | -0.03 | 0.28 | 21.4~ | 14.1 | 90.6 | -50.6 | 130 |
| 2026-Q1* | 2026-05-06 | 114.2 | 2.2 | 19.1 | -7.8 | -0.17 | 0.23 | 25.3 | -19.1 | 70.4 | -30.4 | 28 |
| 2025-Q4* | 2026-02-25 | 116.5 | -14.8 | 16.7 | -17.1 | -0.37* | 0.24 | 22.3 | 1.2 | 96.8 | -56.8 | 126 |
| 2025-Q3* | 2025-11-05 | 111.6 | -1.4 | 17.5 | -6.1 | -0.13 | 0.28 | 23.1 | 6.7 | 96.8 | -56.8 | 24 |
| 2025-Q2* | 2025-07-28 | 105.9 | -11.1 | 8.8 | -14.8 | -0.32 | 0.11 | 15.2 | 9.5 | 95.1 | -55.1 | 21 |
| 2025-Q1* | 2025-05-07 | 114 | -16.4 | 10 | -18.4 | -0.41 | 0.16 | 16.4 | -23.3 | 88 | -48 | 19 |
| 2024-Q4* | 2025-02-26 | 122.4 | -14.3 | 17.5 | 63 | 1.41* | 0.39 | 22.7 | -0.5 | 130.6 | -130.6 | 17 |
| 2024-Q3* | 2024-11-06 | 132.9 | -18.6 | 24.5 | -16.8 | -0.37 | 0.51 | 31.4 | -5.6 | 72.7 | – | 15 |
| 2024-Q2* | 2024-08-05 | 119.6 | -21.9 | 8.3 | -30.3 | -0.67 | 0.12 | 14.6 | -2.6 | 92.5 | -42.5 | 13 |
| 2024-Q1* | 2024-05-08 | 118.8 | -32.3 | -0.9 | -13.1 | -0.29 | -0.05 | 5.4 | -51.6 | 95.2 | -45.2 | 11 |
| 2023-Q4* | 2024-02-28 | 137.2 | -29.8 | 7.1 | -25.3 | -0.59* | 0.11 | 13.4 | 18.6 | 142.1 | -92.1 | 9 |
| 2023-Q3* | 2023-11-13 | 130.4 | -31.1 | 4.3 | -41.4 | -0.96 | -0.08 | 9.3 | 21.8 | 131.5 | -81.5 | 7 |
| 2023-Q2* | 2023-08-09 | 126.9 | -35.2 | -1.2 | -38.4 | -0.90 | -0.09 | 5.2 | -2 | 112.2 | -62.2 | 5 |
| 2023-Q1* | 2023-05-09 | 126.8 | -33.6 | 0.9 | -32 | -0.76 | 0.04 | 6.8 | -45.1 | 110.7 | -60.7 | 3 |
Balance Sheet & Cash Flow ($m)#
Point-in-time balance sheet items (e.g. cash, financial debt) and cash flow items (operating cash flow, investments/capex) per fiscal year, half-year and quarter. Balance sheet values are as of the period end, flow items cover the period. Derived values are marked and are calculated, for example, as: net debt = financial debt − cash; free cash flow = operating cash flow − capex; the click popover shows formula and inputs. All values are extracted automatically from the filings; errors are possible; please verify decision-relevant figures yourself by clicking through to the linked original.
Fiscal years
| Period | Published | Cash | Debt | Net Debt | D&A | OCF | Capex | FCF | Source |
|---|---|---|---|---|---|---|---|---|---|
| FY2025 | 2026-02-25 | 96.8 | 40 | -56.8 | 48.3 | -0.5 | 5.4 | -5.9 | 126 |
| FY2024 | 2025-02-26 | 130.6 | 0 | -130.6 | 56 | -55.3 | 5 | -60.4 | 17 |
| FY2023 | 2024-02-28 | 142.1 | 50 | -92.1 | 74.4 | 0.1 | 6.8 | -6.8 | 9 |
Quarters
| Period | Published | Cash | Debt | Net Debt | D&A | OCF | Capex | FCF | Source |
|---|---|---|---|---|---|---|---|---|---|
| 2026-Q2 | 2026-08-05 | 90.6 | 40 | -50.6 | 12 | 14.6 | 0.5 | 14.1 | 130 |
| 2026-Q1 | 2026-05-06 | 70.4 | 40 | -30.4 | 12.3 | -18 | 1.1 | -19.1 | 28 |
| 2025-Q4 | 2026-02-25 | 96.8 | 40 | -56.8 | 11.6 | 4.1 | 2.9 | 1.2 | 126 |
| 2025-Q3 | 2025-11-05 | 96.8 | 40 | -56.8 | 11.5 | 7.5 | 0.8 | 6.7 | 24 |
| 2025-Q2 | 2025-07-28 | 95.1 | 40 | -55.1 | 12.6 | 10.1 | 0.6 | 9.5 | 21 |
| 2025-Q1 | 2025-05-07 | 88 | 40 | -48 | 12.6 | -22.3 | 1.1 | -23.3 | 19 |
| 2024-Q4 | 2025-02-26 | 130.6 | 0 | -130.6 | 13.2 | 1.2 | 1.7 | -0.5 | 17 |
| 2024-Q3 | 2024-11-06 | 72.7 | – | – | 13.9 | -4.6 | 1 | -5.6 | 15 |
| 2024-Q2 | 2024-08-05 | 92.5 | 50 | -42.5 | 14.3 | -2.1 | 0.5 | -2.6 | 13 |
| 2024-Q1 | 2024-05-08 | 95.2 | 50 | -45.2 | 14.6 | -49.8 | 1.8 | -51.6 | 11 |
| 2023-Q4 | 2024-02-28 | 142.1 | 50 | -92.1 | 17.5 | 20.7 | 2.1 | 18.6 | 9 |
| 2023-Q3 | 2023-11-13 | 131.5 | 50 | -81.5 | 19 | 24 | 2.2 | 21.8 | 7 |
| 2023-Q2 | 2023-08-09 | 112.2 | 50 | -62.2 | 19 | -1.5 | 0.5 | -2 | 5 |
| 2023-Q1 | 2023-05-09 | 110.7 | 50 | -60.7 | 18.9 | -43.1 | 2 | -45.1 | 3 |
Revenue by Type (as of 2026-Q2 · USDm · 0/4)#
Revenue split by segment or product type, exactly as the company itself reports it. The basis is stated next to each value (3, 6 or 12 months); segment totals can deviate from group revenue (reconciliation/consolidation items). If the company changes its segment structure, older structures are kept in the expandable part. Rows in grey are no longer reported separately by the company; they show the last available figures and are never extrapolated.
| Segment | Since | Period | Basis | Revenue | Source |
|---|---|---|---|---|---|
| Consumer Electronics | 2024-Q3 | 2024-Q3 | 9M | 40.6 | 16 |
| Pay-TV | 2024-Q3 | 2024-Q3 | 9M | 20.6 | 16 |
| Connected Car | 2024-Q3 | 2024-Q3 | 9M | 14 | 16 |
| Media Platform | 2024-Q3 | 2024-Q3 | 9M | 6.8 | 16 |
Products & M&A (20/33 active+recent)#
Product announcements from the reports; market launches, approvals, partnerships; with first mention (date) and source. “Active/current” means: still mentioned in the most recent reports; what the company no longer mentions moves to the expandable part but is never deleted. Rows in grey are discontinued products.
| Product/Line | Since | Status | Source |
|---|---|---|---|
| Native Digital Rights Management solution | 2026-03 | Launched | 28 |
| AutoStage Broadcast Portal | 2026-03 | Launched | 28 |
| 4K sports multi-view experience for Winter Olympics and Super Bowl | 2026-03 | Launched | 28 |
| Multi-year content discovery services agreement with Frontier Communications | 2025-12 | Launched | 26 |
| Multi-year classic guides technology agreement with Cogeco | 2025-12 | Launched | 26 |
| Multi-year agreement with PC leader for sound technologies in consumer and commercial products | 2025-12 | Launched | 26 |
| Multi-year IPTV services agreement with ClaroVTR, largest Pay-TV operator in Chile | 2025-12 | Launched | 26 |
| Multi-year DTS audio deal with large Asian Tier 1 supplier | 2025-12 | Launched | 26 |
| IMAX Enhanced program expansion to high-end earbuds with Yamaha adoption | 2025-12 | Launched | 26 |
| HD Radio launch in Toyota, Honda, and Audi models (2x) | 2025-12 | Launched | 28 |
| Workforce reduction of 250 employees | 2025-11 | Launched | 24 |
| DTS AutoStage Broadcaster Portal launch | 2025-09 | Launched | 24 |
| TiVo One ad platform entry into North American market | 2025-03 | Launched | 19 |
| Home page ad unit launch across TiVo One platform | 2025-03 | Launched | 19 |
| HD Radio launches in 15 new North American models | 2025-03 | Launched | 19 |
| 80+ additional streaming services launches on TiVo OS | 2025-03 | Launched | 19 |
| DTS AutoStage video design win with Japanese automotive OEM (3x) | 2025 | Launched | 15 |
| DTS Clear Dialogue (2x) | 2024-09 | Launched | 22 |
| TiVo OS Smart TV launch (11x) | 2023 | Launched | 13 |
| BMW DTS AutoStage Video Service deployment (8×) | 2023 | Launched | 19 |
| TiVo OS design wins with Sharp, Konka, Skyworth (2x) | 2025 | Launched | 10 |
| Sharp TVs powered by TiVo launch (5x) | 2024-12 | Launched | 11 |
| Disney+ IMAX Enhanced format with DTS:X for Marvel films | 2024-03 | Launched | 11 |
| TiVo One Ad Platform on video-over-broadband U.S. launch | 2024 | Launched | 17 |
| Third Smart TV OEM integration of TiVo Operating System (3x) | 2024 | Launched | 8 |
| Skyworth TiVo OS integration | 2024 | Launched | 9 |
| DTS AutoSense program vehicle incorporation | 2024 | Launched | 5 |
| Perceive license agreement with Big Tech customer | 2023-09 | Launched | 8 |
| HD Radio and DTS AutoStage program with Ford Motor Company | 2023-09 | Launched | 8 |
| Perceive Ergo family edge inference chips and software solutions | 2023 | Launched | 10 |
| Large Language Model inference capability for edge devices | 2023 | Launched | 10 |
| DTS AutoStage in-cabin infotainment platform with major Japanese car manufacturer | 2023 | Launched | 3 |
| BMW launch of DTS AutoStage Video Service across multiple models in US, Great Britain, Germany, France, Italy, Spain, Japan and South Korea | 2023 | Launched | 27 |
M&A (18)#
All recorded acquisitions (purchases) and divestitures/exits with date, short description and source; deliberately including smaller transactions that summaries often miss. Purchase prices appear only where the company itself has disclosed them. Rows in grey are cancelled transactions; the cancellation date is shown in the row.
Acquisitions
| Transaction / stake | Date | Type | Source |
|---|---|---|---|
| Multi-year HD Radio program with Asian Tier 1 supplier | 2026-06 | Completed | 30 |
| DTS audio solutions multi-year renewal | 2026-06 | Completed | 30 |
| Cumulus advanced analytics customer | 2026-06 | Completed | 30 |
| BYD AutoStage program enrollment | 2026-06 | Completed | 30 |
| Programmatic Dynamic Ad Insertion IPTV solution (2×) | 2026-03 | Completed | 30 |
| Partnership with Samba TV | 2026-03 | Completed | 28 |
| Multi-year partnership with Tencent Music for DTS:X encoding | 2026-03 | Completed | 28 |
| Accounts Receivable Securitization Facility with PNC Bank | 2025-02 | Completed | 18 |
| Stock repurchase program authorization | 2024-04 | Completed | 20 |
| Perceive strategic alternatives evaluation | 2024 | Completed | 9 |
| Perceive Transaction indemnification holdback | 2024 | Completed | 29 |
| Spin-Off from Xperi Holding (3×) | 2022-10 | Completed | 27 |
| Vewd Acquisition | 2022-07 | Completed | 29 |
Divestitures / exits
| Transaction / stake | Date | Type | Source |
|---|---|---|---|
| Perceive divestiture | 2024-10 | Divested | 31 |
| Perceive Transaction with Amazon | 2024-10 | Divested | 16 |
| Perceive Corporation Sale to Amazon (3×) | 2024-10 | Divested | 23 |
| Divestiture of substantially all assets and certain liabilities of Perceive Corporation (Xperi Pylon Corporation) | 2024 | Divested | 27 |
| AutoSense divestiture (7×) | 2024 | Divested | 11 |
Reported KPIs (as disclosed) (184)#
Figures the company discloses itself in addition to the standard financials; order intake, recurring revenue, user or unit counts, adjusted measures. These “story KPIs” usually slip through standard databases; here they are collected as reported, with no calculation of our own. Important: the definition comes from the company itself and can differ from firm to firm; period and source are stated next to every value.
| Date | Period | KPI | Value / change | Source |
|---|---|---|---|---|
| 2026-08-06 | 2026-Q2 | Current ratio | 2.5 | 31 |
| 2026-08-06 | 2026-Q2 | Cash and cash equivalents | 90,590 (USD thousands) | 31 |
| 2026-08-05 | 2026-Q2 | TiVo One Year-over-Year MAU Growth | 70% | 30 |
| 2026-08-05 | 2026-Q2 | TiVo One Trailing 12-Month ARPU | $6.70 | 30 |
| 2026-08-05 | 2026-Q2 | TiVo One Monthly Active Users | 6.3 million | 30 |
| 2026-08-05 | 2026-Q2 | Media Platform Revenue Year-over-Year Growth | 44% | 30 |
| 2026-08-05 | 2026-Q2 | IPTV Year-over-Year Subscriber Growth | 13% | 30 |
| 2026-08-05 | 2026-Q2 | Global IPTV Subscriber Households | 3.4 million | 30 |
| 2026-08-05 | 2026-Q2 | DTS AutoStage Year-over-Year Footprint Growth | 42% | 30 |
| 2026-08-05 | 2026-Q2 | DTS AutoStage Platform Footprint | 17 million cumulative vehicles shipped | 30 |
| 2026-08-05 | 2026-Q2 | Advertising and Related Revenue Year-over-Year Growth | 54% | 30 |
| 2026-05-07 | 2026-Q1 | Shares repurchased under Program since inception | 2.2 million | 29 |
| 2026-05-07 | 2026-Q1 | Restructuring charge Q1 2026 | 0.3 million | 29 |
| 2026-05-07 | 2026-Q1 | Restructuring charge | 13.9 million | 29 |
| 2026-05-07 | 2026-Q1 | Remaining amount available for repurchase | 80.0 million | 29 |
| 2026-05-07 | 2026-Q1 | Principal payment on Vewd Promissory Note | 50.0 million | 29 |
| 2026-05-07 | 2026-Q1 | Pay-TV revenue decrease | 3.9 million | 29 |
| 2026-05-07 | 2026-Q1 | Media Platform revenue increase | 3.7 million | 29 |
| 2026-05-07 | 2026-Q1 | Interest payments expected for next 12 months on AR Facility | 2.3 million | 29 |
| 2026-05-07 | 2026-Q1 | Indemnification holdback received April 6, 2026 | 12.0 million | 29 |
| 2026-05-07 | 2026-Q1 | Expected capital expenditures for 2026 | 20.0 million | 29 |
| 2026-05-07 | 2026-Q1 | Estimated annualized savings from restructuring | 30 million to 35 million | 29 |
| 2026-05-07 | 2026-Q1 | Effective tax rate Q1 2026 | 441.4% | 29 |
| 2026-05-07 | 2026-Q1 | Effective tax rate Q1 2025 | -23.5% | 29 |
| 2026-05-07 | 2026-Q1 | Current ratio | 2.4 | 29 |
| 2026-05-07 | 2026-Q1 | Consumer Electronics revenue decrease | 4.4 million | 29 |
| 2026-05-07 | 2026-Q1 | Connected Car revenue increase | 4.8 million | 29 |
| 2026-05-07 | 2026-Q1 | Average price per share repurchased | 9.23 | 29 |
| 2026-05-07 | 2026-Q1 | Accrued restructuring charges remaining as of March 31, 2026 | 1.0 million | 29 |
| 2026-05-07 | 2026-Q1 | AR Facility repayment in December 2025 | 1.1 million | 29 |
| 2026-05-07 | 2026-Q1 | AR Facility borrowed amount | 40.0 million | 29 |
| 2026-05-06 | 2026-Q1 | TiVo One Monthly Active Users | 5.5 million | 28 |
| 2026-05-06 | 2026-Q1 | IPTV subscriber households | 3.28 million | 28 |
| 2026-05-06 | 2026-Q1 | Average Revenue Per User (ARPU) for TiVo One | $7.10 | 28 |
| 2026-05-06 | 2026-Q1 | AutoStage footprint | 16 million vehicles | 28 |
| 2026-02-26 | FY2025 | Last patent expiration | 2044 | 27 |
| 2026-02-26 | FY2025 | Foreign patent applications | 80 | 27 |
| 2026-02-26 | FY2025 | Foreign issued patents | approximately 449 | 27 |
| 2026-02-26 | FY2025 | consumers eager automotive connectivity | over a third | 27 |
| 2026-02-26 | FY2025 | average US weekly video viewing | 43 hours | 27 |
| 2026-02-26 | FY2025 | US streaming video viewing percentage | roughly 54% | 27 |
| 2026-02-26 | FY2025 | US patent applications | 42 | 27 |
| 2026-02-26 | FY2025 | US issued patents | approximately 465 | 27 |
| 2026-02-26 | FY2025 | US Smart TV OEM partners | three | 27 |
| 2026-02-26 | FY2025 | TiVo One monthly active users growth | more than 250% | 27 |
| 2026-02-26 | FY2025 | TiVo One monthly active users | over five million | 27 |
| 2026-02-26 | FY2025 | Smart TV OEM partners | total of ten | 27 |
| 2026-02-26 | FY2025 | Restructuring savings (annualized, estimated) | 30 million to 35 million | 27 |
| 2026-02-26 | FY2025 | Outstanding foreign currency derivative contracts | 74.7 million | 27 |
| 2026-02-26 | FY2025 | North America device market revenue 2025 | $268 billion | 27 |
| 2026-02-26 | FY2025 | North America device market growth 2025 2028 | 1.5% | 27 |
| 2026-02-26 | FY2025 | HD Radio stations | more than 2,900 | 27 |
| 2026-02-26 | FY2025 | HD Radio digital broadcasts | over 5,000 | 27 |
| 2026-02-26 | FY2025 | EV consumers eager connectivity | over half | 27 |
| 2026-02-26 | FY2025 | DTS AutoStage vehicles on road | over 14 million | 27 |
| 2026-02-26 | FY2025 | Current ratio | 2.4 | 27 |
| 2026-02-26 | FY2025 | Cash and cash equivalents | 96,824 (USD thousands) | 27 |
| 2026-02-26 | FY2025 | Capital expenditures expected for 2026 | approximately 20.0 million | 27 |
| 2026-02-26 | FY2025 | AR Facility outstanding indebtedness | 40.0 million | 27 |
| 2026-02-25 | 2025-Q4 | TiVo One Monthly Active Users | 5.3 million | 26 |
| 2026-02-25 | 2025-Q4 | IPTV Subscriber Households | 3.25 million | 26 |
| 2026-02-25 | 2025-Q4 | DTS AutoStage Footprint | 14 million vehicles | 26 |
| 2026-02-25 | 2025-Q4 | ARPU for TiVo One | 7.80 | 26 |
| 2025-11-06 | 2025-Q3 | Shares repurchased since Program inception | 2.2 million | 25 |
| 2025-11-06 | 2025-Q3 | Restructuring charges estimate | $16.0 million to $18.0 million | 25 |
| 2025-11-06 | 2025-Q3 | Remaining authorization for repurchase | $80.0 million | 25 |
| 2025-11-06 | 2025-Q3 | Outstanding indebtedness under AR Facility | $40.0 million | 25 |
| 2025-11-06 | 2025-Q3 | Operating loss margin - Three Months Ended September 30, 2025 | -1% | 25 |
| 2025-11-06 | 2025-Q3 | Operating loss margin - Three Months Ended September 30, 2024 | -14% | 25 |
| 2025-11-06 | 2025-Q3 | Operating loss margin - Nine Months Ended September 30, 2025 | -9% | 25 |
| 2025-11-06 | 2025-Q3 | Operating loss margin - Nine Months Ended September 30, 2024 | -20% | 25 |
| 2025-11-06 | 2025-Q3 | Net loss margin - Three Months Ended September 30, 2025 | -5% | 25 |
| 2025-11-06 | 2025-Q3 | Net loss margin - Three Months Ended September 30, 2024 | -15% | 25 |
| 2025-11-06 | 2025-Q3 | Net loss margin - Nine Months Ended September 30, 2025 | -12% | 25 |
| 2025-11-06 | 2025-Q3 | Net loss margin - Nine Months Ended September 30, 2024 | -17% | 25 |
| 2025-11-06 | 2025-Q3 | Estimated interest payments on AR Facility - next 12 months | $2.6 million | 25 |
| 2025-11-06 | 2025-Q3 | Estimated annual increase in interest expense per 1% SOFR increase | $0.4 million | 25 |
| 2025-11-06 | 2025-Q3 | Estimated annual cost savings from restructuring | $30.0 million to $35.0 million | 25 |
| 2025-11-06 | 2025-Q3 | Current ratio (prior year) | 1.6 | 25 |
| 2025-11-06 | 2025-Q3 | Current ratio | 2.4 | 25 |
| 2025-11-06 | 2025-Q3 | Capital expenditure expectations for 2025 | $20.0 million | 25 |
| 2025-11-06 | 2025-Q3 | Average repurchase price per share | $9.23 | 25 |
| 2025-11-05 | 2025-Q3 | TiVo One Monthly Active Users | 4.8 million | 24 |
| 2025-11-05 | 2025-Q3 | TiVo One Average Revenue Per User (ARPU) | $8.75 | 24 |
| 2025-11-05 | 2025-Q3 | TiVo OS Partners | 10 | 24 |
| 2025-11-05 | 2025-Q3 | IPTV Subscribers | 3.2 million households | 24 |
| 2025-11-05 | 2025-Q3 | AutoStage Platform Vehicles | more than 13 million | 24 |
| 2025-08-07 | 2025-Q2 | Current ratio | 2.5 | 23 |
| 2025-08-06 | 2025-Q2 | TiVo One Monthly Active Users | 3.7 million | 22 |
| 2025-08-06 | 2025-Q2 | IPTV Subscriber Households Year-over-Year Growth | over 30 percent | 22 |
| 2025-08-06 | 2025-Q2 | IPTV Subscriber Households | over 3 million | 22 |
| 2025-08-06 | 2025-Q2 | AutoStage Year-over-Year Growth | 70 percent | 22 |
| 2025-08-06 | 2025-Q2 | AutoStage Footprint | over 12 million vehicles | 22 |
| 2025-07-28 | 2025-Q2 | Vehicles on DTS AutoStage platform | 12 million | 21 |
| 2025-07-28 | 2025-Q2 | TiVo One Monthly Active Users | 3.7 million | 21 |
| 2025-07-28 | 2025-Q2 | Global IPTV subscriber households | 3 million | 21 |
| 2025-05-08 | 2025-Q1 | Estimated annual interest payments AR Facility | approximately 2.6 million | 20 |
| 2025-05-08 | 2025-Q1 | Current ratio | 2.3 | 20 |
| 2025-05-08 | 2025-Q1 | Capital expenditures expected 2025 | approximately 20.0 million | 20 |
| 2025-05-08 | 2025-Q1 | AR Facility outstanding | 40.0 million | 20 |
| 2025-05-07 | 2025-Q1 | Video-over-broadband subscriber households | 2.75 million | 19 |
| 2025-05-07 | 2025-Q1 | TiVo One Monthly Active Users | 2.5 million | 19 |
| 2025-05-07 | 2025-Q1 | DTS AutoStage vehicle footprint | 11 million vehicles | 19 |
| 2025-02-27 | FY2024 | Total operating expenses | 580,763 (USD thousands) | 18 |
| 2025-02-27 | FY2024 | Stock-based compensation expense | 60,541 (USD thousands) | 18 |
| 2025-02-27 | FY2024 | Stock repurchases | 20,000 | 18 |
| 2025-02-27 | FY2024 | Selling, general and administrative | 218,106 | 18 |
| 2025-02-27 | FY2024 | Revenue | 493,688 (USD thousands) | 18 |
| 2025-02-27 | FY2024 | Research and development | 191,352 | 18 |
| 2025-02-27 | FY2024 | Operating loss | (88,075) | 18 |
| 2025-02-27 | FY2024 | Net loss | (870) | 18 |
| 2025-02-27 | FY2024 | Net cash used in operating activities | (55,340) | 18 |
| 2025-02-27 | FY2024 | Net cash used in financing activities | (19,350) | 18 |
| 2025-02-27 | FY2024 | Net cash provided by investing activities | 50,820 (USD thousands) | 18 |
| 2025-02-27 | FY2024 | Interest expense - debt | (3,008) | 18 |
| 2025-02-27 | FY2024 | Interest and other income, net | 829 (USD thousands) | 18 |
| 2025-02-27 | FY2024 | Income before taxes | 11,578 (USD thousands) | 18 |
| 2025-02-27 | FY2024 | Impairment of long-lived assets | 1,535 (USD thousands) | 18 |
| 2025-02-27 | FY2024 | Gain on divestiture | 100,833 | 18 |
| 2025-02-27 | FY2024 | Depreciation expense | 12,638 (USD thousands) | 18 |
| 2025-02-27 | FY2024 | Current ratio | 1.6 | 18 |
| 2025-02-27 | FY2024 | Cash and cash equivalents | 130,564 (USD thousands) | 18 |
| 2025-02-27 | FY2024 | Capital expenditures | 16,800 (USD thousands) | 18 |
| 2025-02-27 | FY2024 | Amortization expense | 43,376 (USD thousands) | 18 |
| 2025-02-26 | 2024-Q4 | TiVo OS activated Smart TVs | over two million | 17 |
| 2025-02-26 | 2024-Q4 | TiVo Broadband customers | 20 | 17 |
| 2025-02-26 | 2024-Q4 | IPTV subscriber households | 2.6 million | 17 |
| 2025-02-26 | 2024-Q4 | HD Radio vehicle penetration | 110 million vehicles | 17 |
| 2025-02-26 | 2024-Q4 | DTS AutoStage year-over-year growth | doubled | 17 |
| 2025-02-26 | 2024-Q4 | DTS AutoStage vehicle footprint | 10 million vehicles | 17 |
| 2024-11-07 | 2024-Q3 | Current ratio | 1.3 | 16 |
| 2024-11-07 | 2024-Q3 | Cash and cash equivalents | 72,686 (USD in thousands) | 16 |
| 2024-11-06 | 2024-Q3 | Video-over-Broadband subscriber households | over 2.4 million | 15 |
| 2024-11-06 | 2024-Q3 | TiVo OS activated Smart TVs | approaching one million | 15 |
| 2024-11-06 | 2024-Q3 | Share repurchases | approximately 1.1 million shares | 15 |
| 2024-11-06 | 2024-Q3 | Share repurchase average price | $8.92 | 15 |
| 2024-11-06 | 2024-Q3 | Perceive asset sale net proceeds | approximately $60 million | 15 |
| 2024-11-06 | 2024-Q3 | Perceive asset sale gross proceeds | $80 million in cash | 15 |
| 2024-11-06 | 2024-Q3 | AutoStage vehicles in North America | more than five million | 15 |
| 2024-11-06 | 2024-Q3 | AutoStage integrated vehicles | more than eight million | 15 |
| 2024-08-08 | 2024-Q2 | Current ratio | 2.0 | 14 |
| 2024-08-05 | 2024-Q2 | Video-over-Broadband subscriber households | 2.25 million | 13 |
| 2024-08-05 | 2024-Q2 | TiVo OS active connected devices | two million | 13 |
| 2024-08-05 | 2024-Q2 | DTS AutoStage deployed vehicles | seven million | 13 |
| 2024-05-09 | 2024-Q1 | Current ratio | 2.1 | 12 |
| 2024-05-08 | 2024-Q1 | IPTV subscribers millions | over 2 | 11 |
| 2024-05-08 | 2024-Q1 | HD Radio penetration pct | 58 | 11 |
| 2024-05-08 | 2024-Q1 | DTS AutoStage vehicles millions | 6 | 11 |
| 2024-03-01 | FY2023 | US weekly video viewing average | 42 hours | 10 |
| 2024-03-01 | FY2023 | US weekly video viewing 2015 | 38 hours per week | 10 |
| 2024-03-01 | FY2023 | US patent applications | 156 | 10 |
| 2024-03-01 | FY2023 | US issued patents | approximately 749 | 10 |
| 2024-03-01 | FY2023 | Technical learning programs | more than 10,000 | 10 |
| 2024-03-01 | FY2023 | Smart TV platforms under contract | five Smart TV OEMs | 10 |
| 2024-03-01 | FY2023 | Patent expiration latest | 2042 | 10 |
| 2024-03-01 | FY2023 | OTT share of US weekly video viewing | more than 50% | 10 |
| 2024-03-01 | FY2023 | Online learning courses | more than 250 courses and programs | 10 |
| 2024-03-01 | FY2023 | HD Radio stations | more than 2,700 | 10 |
| 2024-03-01 | FY2023 | HD Radio largest US stations | 97 of the 100 | 10 |
| 2024-03-01 | FY2023 | HD Radio digital audio broadcasts | over 4,600 | 10 |
| 2024-03-01 | FY2023 | Foreign patent applications | 210 | 10 |
| 2024-03-01 | FY2023 | Foreign issued patents | approximately 1,024 | 10 |
| 2024-03-01 | FY2023 | Unrecognized tax benefits | 9.6 million | 10 |
| 2024-03-01 | FY2023 | Purchase obligations within 12 months | 44.2 million | 10 |
| 2024-03-01 | FY2023 | Purchase obligations | 143.2 million | 10 |
| 2024-03-01 | FY2023 | Long-term debt outstanding | 50.0 million | 10 |
| 2024-03-01 | FY2023 | Lease payment obligations within 12 months | 16.8 million | 10 |
| 2024-03-01 | FY2023 | Interest payments within 12 months | 3.0 million | 10 |
| 2024-03-01 | FY2023 | Future interest payments on debt | 4.5 million | 10 |
| 2024-03-01 | FY2023 | Foreign currency derivative contracts notional amount | 46.2 million | 10 |
| 2024-03-01 | FY2023 | Fixed lease payment obligations | 49.9 million | 10 |
| 2024-03-01 | FY2023 | Divestiture impact on 2024 revenue | 30.0 million | 10 |
| 2024-03-01 | FY2023 | Current ratio | 1.9 | 10 |
| 2024-03-01 | FY2023 | Capital expenditures expected 2024 | 20.0 million | 10 |
| 2024-02-28 | 2023-Q4 | IPTV subscribers | 1.9 million | 9 |
| 2024-02-28 | 2023-Q4 | IPTV revenue | $60M | 9 |
| 2024-02-28 | 2023-Q4 | Connected Car committed business | more than $300M | 9 |
| 2023-11-13 | 2023-Q3 | Video service providers with TiVo+ streaming service | 30 | 8 |
| 2023-11-13 | 2023-Q3 | Prior current ratio | 2.2 | 7 |
| 2023-11-13 | 2023-Q3 | IPTV subscriber growth | double-digit year-over-year | 8 |
| 2023-11-13 | 2023-Q3 | Current ratio | 2.0 | 7 |
| 2023-11-13 | 2023-Q3 | Cars incorporating HD Radio | 100 million | 8 |
| 2023-08-11 | 2023-Q2 | current ratio prior | 2.2 | 6 |
| 2023-08-11 | 2023-Q2 | Current ratio | 2.3 | 6 |
Guidance Tracking (latest per metric/period · 9/15)#
All management forecasts (guidance) and their later outcome. Types: fiscal-year targets as well as quarterly/half-year targets; per metric and period the most recent statement applies, older versions can be expanded. The status is checked automatically against the actuals reported later: open (period still running), met, beaten, missed. For ranges (“X to Y”) reaching the range counts. Logged neutrally, no estimate of our own, no assessment.
Actuals: revenue in $m
| For period | Guided on | Metric | Guided | Actual | Verdict | Direction | Source |
|---|---|---|---|---|---|---|---|
| FY2026 | 2026-08-05 | Capex | ~25 | – | pending | raised | 30 |
| FY2026 | 2026-08-05 | Stock-based Compensation | ~29 | – | pending | cut | 30 |
| FY2026 | 2026-05-06 | Tax rate | ~20 | – | pending | confirmed | 30 |
| FY2026 | 2026-05-06 | Basic and Fully Diluted Share Count | 48–49 | – | pending | confirmed | 28 |
| FY2026 | 2026-02-25 | Revenue | 440–470 | – | pending | confirmed | 30 |
| FY2026 | 2026-02-25 | EBITDA margin | 17–19% | – | pending | confirmed | 30 |
| FY2026 | 2026-02-25 | Operating Cash Flow | 15–25 | – | pending | confirmed | 30 |
| FY2025 | 2025-07-28 | Revenue | 440–460 | 448.1 | in line | confirmed | 24 |
| FY2025 | 2025-07-28 | EBITDA margin | 15–17% | – | – | confirmed | 24 |
| FY2024 | 2024-11-06 | Revenue | 490–505 | 493.7 | in line | cut | 15 |
| FY2024 | 2024-11-06 | EBITDA margin | 14–16% | – | – | raised | 15 |
| FY2024 | 2024-05-09 | Capex | ~20 | – | – | initiated | 12 |
| FY2023 | 2023-11-13 | EBITDA margin | 6–8% | – | – | confirmed | 8 |
| FY2023 | 2023-08-11 | Capex | ~15 | – | – | initiated | 6 |
| FY2023 | 2023-02-21 | Revenue | 518–532 | 521.3 | in line | confirmed | 8 |
Development#
A condensed summary per reporting period as running text: what changed operationally, which drivers management names, how earnings and cash flow developed. Most recent period first, grouped by year; each text is written from the original report of that period, superscript numbers lead to the source.
FY2026
Xperi generated revenue of $114.2M in Q1 2026 and $114.5M in Q2 2026, with overall revenue nearly flat year-over-year as Media Platform growth of approximately 44–45% offset declines in Pay-TV and Consumer Electronics segments 28 29 30 31. Operating income turned positive in both quarters – $2.2M in Q1 and $2.9M in Q2 – compared to losses of $16.4M and $11.1M in the respective prior-year periods, driven primarily by an approximately $18.4M reduction in operating expenses following a November 2025 restructuring that reduced headcount by approximately 250 employees 28 29 30. Non-GAAP Adjusted EBITDA margin expanded to 22.1% in Q1 and 21.4% in Q2, up from 14.4% in each of the corresponding prior-year quarters 28 30. GAAP net income remained negative at -$7.8M in Q1 and -$1.5M in Q2, while free cash flow recovered from -$19.1M in Q1 to +$14.1M in Q2; cash increased from $70.4M at end of Q1 to $90.6M at end of Q2 128 130. TiVo One Monthly Active Users grew from 5.5 million in Q1 to 6.3 million in Q2, and the AutoStage footprint expanded to 17 million cumulative vehicles across 14 automotive brands including BYD 28 30.
FY2025
Xperi Inc. reported FY2025 revenue of $448.1 million, a decline of 9% year-over-year, primarily driven by a $54.0 million decrease in Pay-TV revenue from lower guide product revenue and end-of-life consumer hardware products, partially offset by a $13.2 million increase in Connected Car revenue 27. The operating loss margin narrowed to 10% of revenue in 2025 from 18% in 2024, reflecting cost reductions and the prior-year removal of higher-cost divested businesses including AutoSense and Perceive Corporation 27. Adjusted EBITDA rose to $77.0 million from $74.2 million in 2024, while the GAAP net loss for the year was $56.3 million 26. Full-year revenue guidance was cut in Q2 2025 from $480-$500 million to $440-$460 million citing macroeconomic uncertainty, and in November 2025 the company approved a workforce reduction of approximately 250 employees targeted to deliver $30-$35 million in annualized savings 21 27. TiVo One monthly active users grew more than 250% during 2025 to reach 5.3 million at year end, and the DTS AutoStage footprint expanded 40% to 14 million vehicles 26.
FY2024
Xperi Inc. reported full-year 2024 revenue of $493.7 million, a decline of 5% from the prior year, driven primarily by a decrease in Consumer Electronics revenue following the January 2024 divestiture of the AutoSense in-cabin safety business to Tobii AB and lower minimum guarantee contract revenue, partially offset by growth in Connected Car (+$16.3 million) and Pay-TV (+$15.0 million) segments 18. The company recorded a GAAP operating loss of $87.1 million and a GAAP net loss of $14.0 million, while adjusted operating income reached $49.5 million and adjusted EPS was $0.97 126. Two divestitures – AutoSense completed January 2024 and Perceive Corporation assets sold to Amazon.com Services LLC on October 2, 2024 – contributed combined pre-tax gains of $100.8 million 18. Adjusted EBITDA doubled year-over-year in 2024, while operating cash flow was negative $55.3 million, impacted by a $46.3 million increase in unbilled contracts receivable 17 18. Key operational metrics showed TiVo OS reaching over two million activated Smart TVs and DTS AutoStage exceeding 10 million vehicles globally, with IPTV subscriber households growing 37% year-over-year to 2.6 million 17.
FY2023
Xperi Inc. reported FY2023 revenue of $521.3 million, a 4% increase from $502.3 million in 2022, driven by $10.7 million growth in Connected Car and $9.2 million growth in Media Platform from the Vewd acquisition, partially offset by a $4.8 million decline in Pay-TV revenue (10). The GAAP net loss narrowed to $136.6 million ($3.18 per share) from $757.5 million in 2022; the prior-year figure included $604.6 million in goodwill impairment charges that were not repeated in 2023 (9, 10). Non-GAAP adjusted EBITDA reached $34.7 million for the full year, and net operating cash flow improved to $0.1 million from negative $28.4 million in 2022 (9, 10). The TiVo OS platform secured design wins with multiple Smart TV OEMs including Sharp, Skyworth, Konka, and Vestel, with Vestel beginning commercial shipments in Europe under the JVC brand in Q3 2023 (8, 10). The company divested its AutoSense in-cabin safety business to Tobii AB in January 2024 and initiated a formal strategic alternatives evaluation for its Perceive edge AI subsidiary (9, 10).
Sources: official investor relations documents#
All original documents used, with type (e.g. quarterly, half-year, annual report), publication date and a direct link to the filing (EDINET/SEC/IR). Every superscript number in the report points to an entry in this list; so every figure can be traced back to its place in the original.
| # | Document type | Published | Link |
|---|---|---|---|
| #1 / #101 | 8-K-EX99.1 | 2023-02-21 | Open |
| #2 | 10-K | 2023-03-06 | Open |
| #3 / #103 | 8-K-EX99.1 | 2023-05-09 | Open |
| #4 | 10-Q | 2023-05-12 | Open |
| #5 / #105 | 8-K-EX99.1 | 2023-08-09 | Open |
| #6 | 10-Q | 2023-08-11 | Open |
| #7 | 10-Q | 2023-11-13 | Open |
| #8 / #108 | 8-K-EX99.1 | 2023-11-13 | Open |
| #9 / #109 | 8-K-EX99.1 | 2024-02-28 | Open |
| #10 | 10-K | 2024-03-01 | Open |
| #11 / #111 | 8-K-EX99.1 | 2024-05-08 | Open |
| #12 | 10-Q | 2024-05-09 | Open |
| #13 / #113 | 8-K-EX99.1 | 2024-08-05 | Open |
| #14 | 10-Q | 2024-08-08 | Open |
| #15 / #115 | 8-K-EX99.1 | 2024-11-06 | Open |
| #16 | 10-Q | 2024-11-07 | Open |
| #17 / #117 | 8-K-EX99.1 | 2025-02-26 | Open |
| #18 | 10-K | 2025-02-27 | Open |
| #19 / #119 | 8-K-EX99.1 | 2025-05-07 | Open |
| #20 | 10-Q | 2025-05-08 | Open |
| #21 | 8-K-EX99.1 | 2025-07-28 | Open |
| #22 / #122 | 8-K-EX99.1 | 2025-08-06 | Open |
| #23 | 10-Q | 2025-08-07 | Open |
| #24 / #124 | 8-K-EX99.1 | 2025-11-05 | Open |
| #25 | 10-Q | 2025-11-06 | Open |
| #26 / #126 | 8-K-EX99.1 | 2026-02-25 | Open |
| #27 | 10-K | 2026-02-26 | Open |
| #28 / #128 | 8-K-EX99.1 | 2026-05-06 | Open |
| #29 | 10-Q | 2026-05-07 | Open |
| #30 / #130 | 8-K-EX99.1 | 2026-08-05 | Open |
| #31 | 10-Q | 2026-08-06 | Open |
Older sources (+1)
| # | Document type | Published | Link |
|---|---|---|---|
| #201 | 10-Q | 2022-11-14 | Open |
FAQ#
Is there a management forecast (guidance) for FY2026?
Yes. Management has issued targets for FY2026, including Capex. The guidance tracking chapter shows all targets and checks them against the actuals reported later; neutral, with no estimate of our own.
Where can I find the official investor relations documents of Xperi Inc.?
The sources chapter links all 47 original filings used (SEC filings) with type, publication date and a direct link; every figure in the report carries a source number.