Xperi Q3 revenue beats estimates; lifts 2026 profitability outlook
XPER•Xperi reported third-quarter revenue of $114 million, up 2% year over year and above the $111.47 million analyst estimate. It raised its 2026 adjusted EBITDA margin outlook to 19%-21% and operating cash flow outlook to $20 million-$30 million.
1. Quarterly results
Xperi reported third-quarter revenue of $114 million, compared with an analyst consensus estimate of $111.47 million. Revenue rose 2% year over year. The company reported a net loss of $5.20 million, or 11 cents per share, and adjusted EBITDA of $23 million.
2. Updated outlook
Xperi narrowed its 2026 revenue outlook to $450 million-$462 million from $440 million-$470 million. It raised its adjusted EBITDA margin outlook to 19%-21% from 17%-19%, and its operating cash flow outlook to $20 million-$30 million from $15 million-$25 million. The company said 280% year-over-year growth in advertising and related revenue was the main driver of media platform revenue doubling. Its CFO plans to retire in 2027 as part of a planned transition.
