Adeia Inc. — Third Quarter 2026 Earnings Summary

Adeia Inc. reported third-quarter 2026 revenue of $80.2 million, a decrease from $96.1 million in the prior quarter, while achieving GAAP diluted earnings per share of $0.02 and non-GAAP diluted earnings per share of $0.21. The company signed eight new license agreements during the quarter, including multi-year renewals with major customers Charter and TCL, alongside new contracts with Fanatics and others. Adeia updated its full-year 2026 revenue guidance to a range of $375.0 million to $415.0 million, reflecting potential timing delays on select deals, and reiterated its long-term annual revenue outlook of $600 million. Dipti Vachani was appointed as the new Chief Executive Officer, bringing nearly 30 years of semiconductor industry experience to lead the company's growth strategy.