Xperi Inc
NYSE:XPER
Xperi Inc
Xperi, Inc. operates as a media software company. The company is headquartered in San Jose, California and currently employs 1,800 full-time employees. The company went IPO on 2022-09-20. The firm offers consumers a seamless end-to-end entertainment experience, from choice to consumption, in the home, in the car, and on the go. The firm through three business categories: Pay- TV, Consumer Electronics, Connected Car, and Media Platform. Pay-TV transforms the traditional television user experience from linear multi-channel video program distribution (MVPD) to cloud-based digital video recording (DVR). The company is artificial intelligence (AI) powered, which helps to watch television (TV) shows, movies, sports, and more across live, recorded, on-demand, and streaming TV. Consumer Electronics offers home and mobile audio solutions. Connected Car transforms the automotive experience by multimedia and personalization to the connected car. Media Platform provides technology that enables consumers to find, watch, and enjoy their favorite media entertainment on connected devices.
Xperi, Inc. operates as a media software company. The company is headquartered in San Jose, California and currently employs 1,800 full-time employees. The company went IPO on 2022-09-20. The firm offers consumers a seamless end-to-end entertainment experience, from choice to consumption, in the home, in the car, and on the go. The firm through three business categories: Pay- TV, Consumer Electronics, Connected Car, and Media Platform. Pay-TV transforms the traditional television user experience from linear multi-channel video program distribution (MVPD) to cloud-based digital video recording (DVR). The company is artificial intelligence (AI) powered, which helps to watch television (TV) shows, movies, sports, and more across live, recorded, on-demand, and streaming TV. Consumer Electronics offers home and mobile audio solutions. Connected Car transforms the automotive experience by multimedia and personalization to the connected car. Media Platform provides technology that enables consumers to find, watch, and enjoy their favorite media entertainment on connected devices.
Revenue: Xperi reported Q4 2025 revenue of $117 million, down $6 million year-over-year, and full-year 2025 revenue of $448 million, a 9% decrease versus 2024.
Media Platform Growth: Media platform revenue grew 15% in Q4, driven by strong advertising results, and management expects this segment's revenue to double in 2026.
Strong User Growth: TiVo One Ad platform monthly active users reached 5.3 million at year-end, up over 250% from last year, surpassing the company’s goal.
Cost Reductions: Operating expenses were proactively reduced by 13% in Q4 and 18% for the full year, mainly through workforce reductions.
Profitability: Adjusted EBITDA was $22 million in Q4 and $77 million for the year, equating to 17% of revenue, at the high end of guidance.
Pay TV Shift: IPTV subscriber households increased 25% to reach 3.25 million, helping to offset declines in legacy Pay TV products.
2026 Outlook: Revenue guidance for 2026 is $440–$470 million, with adjusted EBITDA margins guided to 17%–19% and positive operating cash flow expected.
Connected Car Expansion: DTS AutoStage footprint grew to over 14 million vehicles, with early-stage monetization of the platform expected to begin in mid-2026.
