Xperi (XPER) Company Report

Xperi is a digital entertainment technology company focused on Media Platforms/Connected TV Advertising, Pay TV, and Immersive Entertainment, with growth strategies reaching an inflection point for increased profitability and cash flow.
In fiscal year 2025, the company reported total revenue of $448.1 million, a GAAP net loss of $(56.3) million, and Adjusted EBITDA of $77.0 million (17% margin). The largest revenue segments were Pay TV ($205.7 million, 46% of total) and Immersive Entertainment ($201.9 million, 45% of total).
Key growth drivers include Smart TV advertising and data monetization, video-over-broadband subscriber growth, and Connected Car growth, with significant progress in 2025 including 5.3 million TiVo One monthly active users and 14 million DTS AutoStage vehicles.
As of December 31, 2025, Xperi maintained a healthy balance sheet with $96.8 million in cash & equivalents and $40.0 million in debt, and had $80 million available under its share repurchase program.

2 days ago

Presentation

Xperi Reports Q4 and Full-Year 2025 Financial Results, Provides 2026 Outlook

XPER

Earnings

Guidance Update

Revenue Acceleration/Inflection

Xperi reported Q4 2025 consolidated revenue of $117 million, a decrease of $6 million compared to the prior year, driven by 15% growth in Media Platform and 5% growth in Connected Car, offset by declines in Consumer Electronics and Pay TV.
For the full year 2025, revenue was $448 million, a 9% decrease from the prior year, while adjusted EBITDA reached $77 million, or 17% of revenue, which was at the high end of their outlook.
Operational highlights for year-end 2025 include TiVo One ad platform Monthly Active Users (MAU) reaching 5.3 million (an increase of over 250% year-over-year), DTS AutoStage footprint growing to over 14 million vehicles (40% growth), and IPTV subscriber households increasing 25% to 3.25 million.
For 2026, Xperi expects full-year revenue to be in the range of $440 million to $470 million and an adjusted EBITDA margin of 17% to 19%. They anticipate Media Platform revenue to double and Average Revenue Per User (ARPU) to exceed $10 by year-end.

3 days ago

Transcript

Xperi Announces Q4 and Full Year 2025 Financial Results and Provides 2026 Outlook

XPER

Earnings

Guidance Update

Xperi reported Q4 2025 revenue of $116.5 million and a GAAP net loss of ($17.1 million), resulting in non-GAAP earnings per share of $0.24. For the full year 2025, total revenue was $448.1 million.
The company achieved significant operational growth in 2025, with TiVo One monthly active users reaching 5.3 million and the DTS AutoStage platform expanding to 14 million vehicles.
Xperi finished Q4 2025 with $97 million in cash and cash equivalents, reporting $4 million in operating cash flow and ($2) million in free cash flow for the quarter.
For fiscal year 2026, Xperi anticipates revenue between $440 million and $470 million and an Adjusted EBITDA Margin of 17% to 19%, with expected operating cash flow of $15 million to $25 million.

3 days ago

Presentation

Xperi Announces Q4 and Full Year 2025 Financial Results and 2026 Outlook

XPER

Earnings

Guidance Update

Revenue Acceleration/Inflection

Xperi reported Q4 2025 revenue of $117 million, a 5% decrease year-over-year, and full-year 2025 revenue of $448 million, a 9% decrease compared to the prior year. Adjusted EBITDA for Q4 2025 was $22 million (19% of revenue), and for the full year 2025 was $77 million (17% of revenue).
The company achieved significant operational milestones in 2025, including 5.3 million monthly active users (MAU) on its TiVo One ad platform (over 250% increase year-over-year), 14 million vehicles with DTS AutoStage (40% growth), and 3.25 million IPTV subscriber households (25% growth).
Xperi is at an inflection point for advertising monetization, with media platform revenue expected to double in 2026 and average revenue per user (ARPU) for TiVo One projected to exceed $10 by the end of 2026, growing towards $20+ over time.
For full-year 2026, Xperi expects revenue between $440 million and $470 million, an adjusted EBITDA margin of 17%-19%, and operating cash flow between $15 million and $25 million, yielding positive free cash flow.
Non-GAAP adjusted operating expense was proactively reduced by 13% in Q4 2025 and 18% for the full year 2025 compared to the prior year, primarily due to workforce reductions and the divestiture of Perceive.

3 days ago

Transcript

Xperi Reports Q4 and Full Year 2025 Results, Projects Media Platform Revenue to Double in 2026

XPER

Earnings

Guidance Update

Revenue Acceleration/Inflection

Xperi reported full-year 2025 revenue of $448 million, a 9% decrease compared to the prior year, with adjusted EBITDA of $77 million or 17% of revenue. Operating cash flow for the year was a $0.5 million usage, a significant improvement from a $55 million usage in 2024.
By the end of 2025, the TiVo One ad platform reached 5.3 million monthly active users, marking a 250% increase year-over-year, and the DTS AutoStage footprint grew 40% to over 14 million vehicles.
The company is pivoting to audience monetization and advertising, expecting media platform revenue to double in 2026. Average revenue per user (ARPU) for TiVo One is projected to exceed $10 by year-end 2026 and grow towards $20+ over time, signaling an inflection point for advertising monetization.
For 2026, Xperi provided a full-year revenue outlook of $440 million to $470 million and an adjusted EBITDA margin range of 17% to 19%. Operating cash flow is projected to be between $15 million and $25 million, leading to positive free cash flow.

3 days ago

Transcript

Xperi Inc. Announces Fourth Quarter and Full Year 2025 Results

XPER

Earnings

Guidance Update

Revenue Acceleration/Inflection

Xperi Inc. reported revenue of $116.5 million for the fourth quarter of 2025 and $448.1 million for the full fiscal year ended December 31, 2025.
For the full year 2025, the company recorded a GAAP net loss of $(56.3) million and Non-GAAP net income of $36.3 million, with Non-GAAP adjusted EBITDA reaching $77.0 million.
Operational achievements in 2025 included growing the TiVo One Ad Platform to 5.3 million monthly active users and expanding the DTS AutoStage footprint to 14 million vehicles.
For fiscal year 2026, Xperi Inc. provides a revenue outlook of $440 million to $470 million, and expects to double Media Platform revenue and achieve positive free cash flow.

3 days ago

8-K

Xperi Inc. Announces Fourth Quarter and Full Year 2025 Results

XPER

Earnings

Guidance Update

Revenue Acceleration/Inflection

Xperi Inc. reported full-year 2025 revenue of $448.1 million and a GAAP net loss of $56.3 million, with Non-GAAP adjusted EBITDA reaching $77.0 million.
The company achieved significant operational milestones in 2025, including growing TiVo One Ad Platform monthly active users by over 250% to 5.3 million and expanding its DTS AutoStage footprint by 40% to 14 million vehicles.
For fiscal year 2026, Xperi Inc. anticipates revenue between $440 million and $470 million, an Adjusted EBITDA Margin of 17% to 19%, and Operating Cash Flow of $15 million to $25 million. The company also expects to double Media Platform revenue and achieve positive free cash flow in 2026.

3 days ago

Press Release

Xperi's DTS AutoStage Video Service Gains Mercedes-Benz Adoption

XPER

Product Launch

New Projects/Investments

Xperi announced the increased adoption of its DTS AutoStage Video Service Powered by TiVo among major automakers.
Mercedes-Benz has selected the DTS AutoStage Video Service for upcoming vehicles, completing its adoption of Xperi's entire suite of connected car offerings, which includes HD Radio, DTS AutoStage Audio, and DTS:X immersive audio.
The DTS AutoStage Video platform is now adopted by five OEMs, with three of these adoptions occurring in the past year.
Xperi will debut the Mercedes-Benz DTS AutoStage Video Service at CES 2026, taking place from January 6-9.

Jan 5, 2026, 1:30 PM

Press Release

XING Mobility Announces New Immersion-Cooled Battery Products for EV, ESS, and AI Data Centers

XPER

Product Launch

New Projects/Investments

XING Mobility will showcase its immersion-cooled battery technology at CES 2026, featuring applications across Electric Vehicle (EV), Energy Storage Systems (ESS), and AI data center Backup Battery Units (BBU).
The company is entering the AI data center market with the debut of the BBx800, the world's first immersion-cooled 800V high-voltage DC BBU, capable of delivering peak power output of up to 1 MW for 3 minutes or 1.2 MW for 90 seconds.
XING Mobility's immersion-cooled battery technology is integrated into Caterham's all-electric concept car, Project V, with the production prototype set for unveiling at Tokyo Auto Salon 2026.
The company will also debut the IMMERSIO™ XBE1000 energy storage cabinet for grid-scale energy storage, offering flexible capacity configurations from 200 kWh to 1 MWh.

Dec 24, 2025, 1:00 PM

Press Release

Xperi Reports Q3 2025 Financial Results and Announces Workforce Reduction

XPER

Earnings

Layoffs

Guidance Update

Xperi reported consolidated revenue of $112 million and non-GAAP earnings per share of $0.28 for the third quarter of 2025.
The company achieved 30% sequential growth in TiVo One monthly active users, reaching 4.8 million, and expanded its AutoStage connected car footprint to over 13 million vehicles.
Xperi announced a workforce reduction of approximately 250 employees, representing 15% of its workforce, anticipating $30 million to $35 million in annualized savings.
The calculated average revenue per user (ARPU) for TiVo One at the end of the quarter was $8.75, moving closer to the $10 goal for the end of 2025.
For fiscal year 2025, Xperi reiterated its annual revenue guidance of $440 million to $460 million and adjusted EBITDA margin of 15% to 17%.