Xperi Inc. income statement
In fiscal 2025, Xperi Inc. reported revenue of $448m, down 9.2% on the year before, operating income of −$43.7m (a -9.8% margin) and net income of −$56.3m, or −$1.23 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 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|
| Revenue | 376 | 486 | 502 | 521 | 494 | 448 | 457 |
| Research and development | 163 | 195 | 216 | 223 | 191 | 135 | 115 |
| Selling, general and administrative | 173 | 200 | 217 | 233 | 218 | 182 | 175 |
| Operating income | −153 | −162 | −749 | −130 | −87 | −44 | −11 |
| Interest expense | — | — | 2 | 3 | 3 | 3 | 3 |
| Income before tax | −151 | −160 | −748 | −130 | 12 | −41 | −10 |
| Income tax | −10 | 19 | 14 | 10 | 12 | 16 | 23 |
| Net income | −138 | −176 | −757 | −137 | −14 | −56 | −33 |
| Diluted EPS | −$3.29 | −$4.18 | −$18.02 | −$3.18 | −$0.31 | −$1.23 | −$0.69 |
| Diluted shares (average) | 42m | 42m | 42m | 43m | 45m | 46m | 47m |
| EBITDA | −136 | −139 | −729 | −113 | −74 | −30 | 4 |
| 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 | 133 | 122 | 114 | 106 | 112 | 117 | 114 | 114 |
| Research and development | 54 | 42 | 40 | 30 | 30 | 36 | 27 | 22 |
| Selling, general and administrative | 56 | 52 | 49 | 41 | 43 | 49 | 42 | 41 |
| Operating income | −19 | −14 | −16 | −11 | −1 | −15 | 2 | 3 |
| Interest expense | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Income before tax | −17 | 59 | −15 | −10 | −1 | −14 | 2 | 3 |
| Income tax | 3 | −4 | 3 | 5 | 5 | 3 | 10 | 5 |
| Net income | −17 | 46 | −18 | −15 | −6 | −17 | −8 | −2 |
| Diluted EPS | −$0.37 | $1.02 | −$0.41 | −$0.32 | −$0.13 | −$0.37 | −$0.17 | −$0.03 |
| EBITDA | −16 | −11 | −14 | −8 | 2 | −11 | 6 | 7 |
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