Xperi raises 2026 adjusted EBITDA margin outlook to 19%-21%
XPER•Xperi raised its 2026 adjusted EBITDA margin outlook to 19%-21% from 17%-19%, narrowed revenue guidance to $450 million-$462 million and increased its operating cash flow outlook to $20 million-$30 million. Third-quarter revenue rose 2% to $113.95 million, with adjusted EBITDA of $22.97 million.
1. Higher margin outlook
Xperi raised its fiscal 2026 adjusted EBITDA margin outlook to 19%-21% from 17%-19%. Revenue guidance narrowed to $450 million-$462 million, from $440 million-$470 million, while expected operating cash flow increased to $20 million-$30 million from $15 million-$25 million.
2. Third-quarter results
Third-quarter revenue rose 2% to $113.95 million, and adjusted EBITDA totaled $22.97 million. The company expects full-year Media Platform revenue growth of about 60%, compared with its initial goal of about 100%.
