Xperi Reports Q3 2026 Results with Strong Media Platform and Advertising Growth
Xperi (XPER) reported third-quarter revenue of $114 million, a 2% year-over-year increase driven by robust performance in its media platform and pay TV segments. A standout performer was the advertising and related revenue, which surged over 280% to $15 million, fueled by a significant expansion in monthly active users (MAUs) for TiVo One, which reached 6.8 million. While certain segments like Connected Car and Consumer Electronics saw declines due to timing of previous year guarantees, the company improved its efficiency through workforce reductions and lower administrative spending. Consequently, Xperi raised its full-year adjusted EBITDA margin guidance to 19%-21% and increased its annual operating cash flow outlook to $20 million-$30 million.
Tickers: $XPER
Topics: advertising revenue media platform monthly active users pay TV revenue growth