Xperi Q1 revenue rises on Media Platform growth

Xperi

06/05/2026 22:06

Overview

U.S. media tech firm's Q1 revenue rose and beat analyst expectations, driven by Media Platform growth

Adjusted EBITDA margin improved to 22.1% from 14.4% yr/yr

Company reaffirmed annual guidance for 2026

Outlook

Xperi expects 2026 revenue between $440 mln and $470 mln

Company sees 2026 adjusted EBITDA margin of 17% to 19%

Xperi maintains 2026 guidance, citing progress on strategic growth plan

Result Drivers

MEDIA PLATFORM GROWTH - Co said 45% yr/yr Media Platform revenue growth was driven by enhanced ad products, expanded partnerships, and increased TiVo One users

CONNECTED CAR EXPANSION - AutoStage platform footprint expanded 45% yr/yr, reaching over 16 mln vehicles across 13 brands

IPTV SUBSCRIBER GROWTH - IPTV subscriber households increased 19% yr/yr, with new service offerings aimed at long-term ARPU growth

Company press release: ID:nBw8Rf6x1a

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
Beat
$114.20 mln
$107.89 mln (5 Analysts)
Q1 EPS
-$0.17
Q1 Net Income
-$7.80 mln
Q1 Adjusted EBITDA
$25.30 mln
Q1 Operating Income
$2.15 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

The average consensus recommendation for the software peer group is "buy"

Wall Street's median 12-month price target for Xperi Inc is $12.00, about 72.9% above its May 5 closing price of $6.94

The stock recently traded at 7 times the next 12-month earnings vs. a P/E of 6 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.)