Quarterly ResultMay 6, 2026, 04:25 PM
Xperi Q1 Media Platform Revenue +45%; Reaffirms Annual Guidance
AI Summary
Xperi Inc. announced strong first quarter 2026 financial results, with Media Platform revenue increasing 45% year-over-year, driven primarily by advertising monetization. The company also saw significant growth in its AutoStage footprint, which expanded 45% year-over-year to 16 million vehicles, and TiVo One Monthly Active Users more than doubled to 5.5 million. Xperi reaffirmed its annual financial guidance for 2026, highlighting progress on its strategic growth plan and improved profitability.
Key Highlights
- Media Platform revenue grew 45% year-over-year.
- TiVo One Monthly Active Users more than doubled to 5.5 million.
- AutoStage footprint expanded 45% YoY, reaching 16 million vehicles.
- GAAP net loss improved to $(7.8) million from $(18.4) million YoY.
- Non-GAAP diluted EPS was $0.23, up from $0.16 YoY.
- Non-GAAP Adjusted EBITDA rose to $25.3 million from $16.4 million YoY.
- Reaffirmed 2026 revenue guidance of $440M to $470M.
- IPTV subscriber households increased 19% YoY to 3.28 million.