Adeia Inc. income statement
In fiscal 2025, Adeia Inc. reported revenue of $443m, up 17.9% on the year before, operating income of $175m (a 39.5% margin) and net income of $111m, or $0.99 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 406 | 280 | 516 | 391 | 439 | 389 | 376 | 443 | 471 |
| Research and development | 105 | 111 | 35 | 40 | 45 | 54 | 60 | 68 | 72 |
| Selling, general and administrative | 123 | 118 | 137 | 129 | 136 | 95 | 103 | 120 | 120 |
| Operating income | 24 | −69 | 267 | 119 | 153 | 136 | 129 | 175 | 196 |
| Interest expense | 26 | 23 | 38 | 39 | 45 | 63 | 53 | 40 | 36 |
| Income before tax | 7 | −83 | 224 | 73 | 110 | 80 | 81 | 141 | 166 |
| Income tax | 9 | −19 | −15 | 5 | −29 | 13 | 17 | 30 | 44 |
| Net income | −0 | −63 | 147 | −55 | −296 | 67 | 65 | 111 | 123 |
| Diluted EPS | −$0.01 | −$1.27 | $1.75 | −$0.52 | −$2.75 | $0.60 | $0.57 | $0.99 | $1.08 |
| Diluted shares (average) | 49m | 49m | 84m | 107m | 108m | 113m | 113m | 113m | 114m |
| EBITDA | 139 | 38 | 442 | 346 | 170 | 138 | 131 | 177 | 198 |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 86 | 119 | 88 | 86 | 87 | 183 | 105 | 96 |
| Research and development | 15 | 16 | 16 | 16 | 16 | 19 | 18 | 18 |
| Selling, general and administrative | 27 | 28 | 28 | 32 | 25 | 34 | 30 | 31 |
| Operating income | 28 | 57 | 23 | 16 | 27 | 109 | 35 | 25 |
| Interest expense | 13 | 12 | 11 | 10 | 10 | 9 | 9 | 8 |
| Income before tax | 17 | 46 | 14 | 8 | 18 | 101 | 28 | 19 |
| Income tax | −3 | 10 | 2 | −9 | 10 | 27 | 5 | 2 |
| Net income | 19 | 36 | 12 | 17 | 9 | 74 | 23 | 17 |
| Diluted EPS | $0.17 | $0.32 | $0.10 | $0.15 | $0.08 | $0.66 | $0.20 | $0.15 |
| EBITDA | 29 | 58 | 23 | 17 | 27 | 109 | 35 | 26 |
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