Xperi Inc. key statistics and ratios

In fiscal 2025, Xperi Inc. had return on equity of -13.4%, an operating margin of -9.8%, debt equal to 9.7% of equity and a current ratio of 2.42. Each ratio below is calculated from the figures on its income statement, balance sheet and cash flow pages.

Financial ratios

US$ thousands unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Xperi Inc.: financial ratios, annual
Fiscal year	2020Dec 2020	2021Dec 2021	2022Dec 2022	2023Dec 2023	2024Dec 2024	2025Dec 2025	LTMJun 2026
Operating margin	−40.6%	−33.3%	−149.2%	−24.9%	−17.6%	−9.8%	−2.4%
Net margin	−36.8%	−36.1%	−150.8%	−26.2%	−2.8%	−12.6%	−7.1%
Free-cash-flow margin	−8.1%	−6.6%	−8.3%	−1.3%	−12.2%	−1.3%	0.6%
Return on equity	−12.8%	−16.7%	−101.8%	−31.5%	−3.4%	−13.4%	−7.8%
Return on assets	—	−14.3%	−77.1%	−19.4%	−2.1%	−8.8%	−5.3%
Asset turnover	—	0.40	0.51	0.74	0.74	0.70	0.74
Current ratio	—	2.31	2.21	1.92	1.64	2.42	2.48
Debt to equity	0.0%	0.0%	10.8%	12.4%	18.1%	9.7%	9.6%
Interest cover (operating income ÷ interest)	—	—	n/m	n/m	n/m	n/m	n/m
R&D as % of revenue	43.4%	40.1%	43.1%	42.7%	38.8%	30.1%	25.1%
SG&A as % of revenue	45.9%	41.1%	43.3%	44.8%	44.2%	40.6%	38.4%
Capital spending as % of revenue	1.8%	1.8%	2.6%	1.3%	1.0%	1.2%	1.2%

US$ thousands unless shown otherwise. Fiscal quarters.

Xperi Inc.: financial ratios, quarterly
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
Operating margin	−14.0%	−11.7%	−14.4%	−10.5%	−1.2%	−12.7%	1.9%	2.5%
Net margin	−12.6%	37.8%	−16.1%	−14.0%	−5.5%	−14.7%	−6.9%	−1.3%
Free-cash-flow margin	−4.2%	−0.4%	−20.5%	9.0%	6.0%	1.0%	−16.7%	12.3%
Current ratio	1.29	1.64	2.27	2.50	2.42	2.42	2.36	2.48
Debt to equity	20.6%	11.7%	9.5%	9.5%	9.5%	9.7%	9.8%	9.6%
R&D as % of revenue	40.4%	34.5%	34.7%	28.1%	26.8%	30.7%	23.7%	19.0%
SG&A as % of revenue	42.5%	42.6%	42.7%	38.8%	38.1%	42.5%	36.6%	36.2%

Returns use average equity or assets over the year. Return on equity is left blank when equity is negative or so small that the ratio says nothing (above ±200%); interest cover is left blank above 200 times. Price-based ratios such as P/E are on the valuation page.

Financial health

5 of 6 checks passed · June 30, 2026

What it owns · $616m

Short-term assets $284mLonger-term assets $332m

What it owes, and who funded it · $616m

Short-term liabilities $114mLonger-term liabilities $87mShareholders' equity $415m

Short-term assets cover short-term liabilities $284m of assets due within a year against $114m of liabilities due within a year.
Short-term assets cover long-term liabilities $284m short-term assets against $87m of longer-dated liabilities.
More cash than debt $91m of cash against $40m of debt.
Debt below 40% of shareholders' equity Debt is 10% of equity.
Debt burden no higher than five years ago Five-year comparison not available. Not assessable.
A year's operating cash flow covers at least 20% of debt $8m of operating cash flow against $40m of debt.
Operating profit covers interest at least five times over Operating income of −$11m against $3m of interest.

From Xperi Inc.'s latest balance sheet as filed. Checks are fixed, documented rules (methodology), counted only where the company reports the figures — a dot means the filing doesn't break the item out. Descriptions of reported data, not advice.

Moat

Not assessed: fewer than five years of comparable figures in the filings. AI disruption exposure for this industry: Low.

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

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Figures from Xperi Inc.'s SEC filings (10-K and 10-Q), retrieved October 29, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Xperi Inc.