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Adeia Inc. — Third Quarter 2026 Earnings Summary

  • Q3 2026 revenue declined to $80.2 million from $96.1 million in Q2 2026 and $87.3 million in Q3 2025; GAAP diluted EPS fell to $0.02 from $0.08 in the prior year quarter, while Non-GAAP diluted EPS decreased to $0.21 from $0.28.
  • Full-year 2026 revenue guidance was lowered to $375.0–$415.0 million (from $395.0–$435.0 million) due to timing of select deal executions, though management remains confident in achieving the high-end of the updated range; all other 2026 guidance metrics for operating expenses, net income, and Adjusted EBITDA were also reduced.
  • The company executed eight new license agreements, including multi-year renewals with Charter and TCL and a new deal with Fanatics, while reducing long-term debt by $6.1 million to a $386.5 million outstanding balance.
  • Leadership transitioned to new CEO Dipti Vachani, who cited strong deal activity and a growing pipeline; the Board declared a new quarterly dividend of $0.05 per share payable in December 2026, following a $0.05 distribution in September.
Company
ADEIA INC
Sector
Technology
Industry
Software - Application