Xperi Q2 FY26 GAAP operating income turns positive to $2.9 million; revenue rises 8.1% to $114.5 million
XPER•Q2 FY26 results
Xperi posted Q2 FY26 revenue of $114.5 million, up 8.12% from a year earlier.
- GAAP operating income turned to $2.9 million.
- GAAP net loss narrowed to $1.5 million, or $0.03 per share.
- Non-GAAP operating income climbed 108.87% to $18.3 million.
- Non-GAAP adjusted EBITDA rose 61.18% to $24.5 million, lifting margin 7 percentage points to 21.4%.
Outlook and spending plans
Xperi kept its revenue outlook at $440 million to $470 million.
The company raised capital expenditures to about $25 million and cut stock-based compensation to about $29 million.
TiVo One and advertising growth
TiVo One monthly active users rose 70% year over year to 6.3 million.
Advertising and related revenue increased 54%.
