Xperi Inc. beats third quarter 2026 revenue and earnings estimates as advertising revenue surged 280%

Xperi Inc. reported third quarter 2026 revenue of $114.0 million, slightly ahead of the $111.5 million analyst estimate. The company achieved a non-GAAP earnings per share of $0.24, significantly beating the anticipated $0.17. Results were propelled by massive acceleration in the Media Platform segment, leading management to raise its full-year 2026 adjusted EBITDA margin and operating cash flow guidance.

Key Highlights

• Advertising and related revenue surged approximately 280% year-over-year, driving total Media Platform revenue to double compared to the prior year.
• TiVo One Monthly Active Users grew to 6.8 million, representing 40% year-over-year growth and a sequential increase from 6.3 million in the previous quarter.
• Full-year 2026 adjusted EBITDA margin guidance was raised to a range of 19% to 21%, up from the previous outlook of 17% to 19%.