Adeia Q4 revenue beats estimates

Adeia

23/02/2026 21:17

Overview

Media and semiconductor IP licensor's Q4 revenue beat analyst expectations

Adjusted EPS for Q4 beat analyst expectations

Company repurchased $20 mln of common stock

Outlook

Adeia projects 2026 revenue between $395 mln and $435 mln

Adeia expects 2026 adjusted EBITDA of $213.4 mln to $245.4 mln

Adeia forecasts 2026 non-GAAP net income of $144.2 mln to $168.7 mln

Result Drivers

NEW LICENSE AGREEMENTS - Adeia signed nine deals, including a significant long-term license with Disney, contributing to record Q4 revenue

REVENUE DIVERSIFICATION - Non-Pay-TV recurring revenue grew 22% in 2025, supporting Adeia's strategy to diversify revenue streams

IP PORTFOLIO EXPANSION - Adeia expanded its IP portfolios by 13% through internal R&D and acquisitions, enhancing its market position

Company press release: ID:nGNXb19567

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Revenue
Beat
$182.60 mln
$152.70 mln (4 Analysts)
Q4 Adjusted EPS
Beat
$0.86
$0.65 (4 Analysts)
Q4 EPS
$0.65
Q4 Net Income from Continuing Operations
$73.70 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

The average consensus recommendation for the it services & consulting peer group is "buy"

Wall Street's median 12-month price target for Adeia Inc is $22.00, about 15.7% above its February 20 closing price of $19.01

The stock recently traded at 13 times the next 12-month earnings vs. a P/E of 12 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)