Xperi Inc. (XPER) Form 8-K — Aug 5, 2026
Xperi Inc. reported second quarter 2026 revenue of $114.5 million, up from $105.9 million a year earlier, and swung to GAAP operating income of $2.9 million from a $(11.1) million loss. GAAP net loss narrowed to $1.5 million ($(0.03) per share) from $14.8 million ($(0.32) per share), while non-GAAP EPS nearly tripled to $0.28 from $0.11 and adjusted EBITDA rose 61% to $24.5 million. The advertising business drove the quarter: TiVo One monthly active users grew 70% year-over-year to 6.3 million, advertising and related revenue jumped 54%, and trailing 12-month ARPU reached $6.70.
Key figures
- Eps
- $(0.03) GAAP diluted; $0.28 non-GAAP diluted (vs $(0.32) and $0.11 year-ago)
- Revenue
- $114.5 million (Q2 FY26) vs $105.9 million (Q2 FY25)
- Guidance
- Maintained: revenue $440M-$470M, adjusted EBITDA margin 17%-19%, operating cash flow $15M-$25M, non-GAAP tax expense ~$20M, share count 48M-49M. Raised capital expenditures to ~$25M (from $15-20M) due to memory market price increases; lowered stock-based compensation outlook to ~$29M (from $31M) due to workforce reductions.
- Net Income
- GAAP net loss of $(1.5) million (vs $(14.8) million year-ago); non-GAAP net income of $13.6 million (vs $4.8 million)
- Total Debt
- $40.0 million long-term debt
- Total Assets
- $615.9 million
- Cash Position
- $90.6 million cash and cash equivalents (June 30, 2026)
- Tivo one mau
- 6.3 million (+70% YoY), year-end goal 7 million
- Adjusted ebitda
- $24.5 million vs $15.2 million year-ago (+61%)
- Q2 free cash flow
- $7.6 million vs $5.3 million year-ago
- Autostage footprint
- 17 million cumulative vehicles (+42% YoY) across 13 brands, BYD joining as 14th
- Gaap operating income
- $2.9 million vs $(11.1) million year-ago
- Adjusted ebitda margin
- 21.4% vs 14.4% year-ago
- Q2 operating cash flow
- $14.6 million
- Trailing 12 month arpu
- $6.70
- Non gaap operating income
- $18.3 million vs $8.8 million year-ago
- Iptv subscriber households
- 3.4 million (+13% YoY)
- Advertising revenue growth yoy
- 54% ($15.0 million vs $9.7 million)
- Media platform revenue growth yoy
- 44%
- H1 net cash used in operating activities
- $(3.5) million
Price after filing
Close on the filing date to close N calendar days later (from $7.95). Historical, not a forecast.
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