Adeia (ADEA)
NASDAQ:ADEA
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Earnings Data
Report Date
Aug 11, 2026After Close (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
0.32Last Year’s EPS
0.25Same Quarter Last Year
Strong Buy
Based on 4 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call presented a largely positive operational and financial picture: strong Q1 revenue (~$105M), very high adjusted EBITDA margin (60%), robust operating cash flow (~$58.5M), significant new license wins (AMD and Microsoft), patent portfolio expansion, technology progress (RapidCool), active tuck‑in M&A, share repurchases, dividends, and an S&P upgrade. Offsetting items include a meaningful sequential decline in recurring revenue (~30% QoQ) tied to subscriber declines and timing of renewals, the loss/nonrenewal dispute with DISH, reliance in Q1 on retroactive revenue components (AMD), ongoing litigation expenses, and a planned CEO departure that introduces near‑term leadership transition risk. Management reiterated full‑year guidance and emphasized a strong pipeline, but execution on renewals and new deals is required to meet targets.Company Guidance
Strong Q1 Revenue, EBITDA and Cash Generation
Reported revenue of $104.8M (also cited as $105M), adjusted EBITDA of $62.3M and an adjusted EBITDA margin of 60%. Generated $58.5M in operating cash flow and ended the quarter with $115.8M in cash, cash equivalents and marketable securities.
Major New Licensing Wins — AMD and Microsoft
Closed eight license agreements in Q1, including multiyear agreements with AMD (semiconductor hybrid bonding / chiplet technology) and Microsoft (media portfolio). Management noted AMD was a greater‑than‑10% customer in the quarter (including a retroactive component) and will be a meaningful recurring contributor going forward.
Recurring Revenue Diversification and Growth in Non‑Pay TV
Non‑pay TV recurring revenue grew 28% year‑over‑year in Q1, reflecting expansion into growth markets (semiconductors, e‑commerce, OTT, consumer electronics). Company expects quarterly recurring revenue to grow to approximately $90M by year‑end.
Patent Portfolio Expansion
IP portfolio grew from ~10,000 patent assets at the start of 2023 to over 13,750 patent assets today, supporting multiple licensing cycles across core and growth markets.
Thermal Technology Progress (RapidCool)
Improved RapidCool cooling capability to approximately 5 watts per square millimeter from ~3 W/mm2 less than a year ago (roughly a 67% improvement), with increasing partner interest.
Balance Sheet and Capital Return Execution
Paid $28.1M in debt principal in Q1 and ended the quarter with a term loan balance of $398.6M (debt now < $400M). Repurchased ~446,000 shares for $10M, paid a $0.05/share dividend and approved an additional $0.05/share dividend. S&P upgraded the company's credit rating to BB from BB-.
Active M&A and Portfolio Investments
Closed five strategic tuck‑in IP portfolio acquisitions in Q1 across growth areas (e.g., e‑commerce, automotive, semiconductors and OTT) to complement internal R&D.
Full‑Year Guidance Reiterated
Reiterated 2026 guidance: revenue $395M–$435M, operating expenses $184M–$192M, interest expense $34M–$36M, other income $5.5M–$6.5M, adjusted EBITDA margin ~55%, non‑GAAP tax rate 21%, and capex ~ $2M.
ADEA Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
ADEA Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 04, 2026 | $33.63 | ― | ― |
Feb 23, 2026 | $18.44 | $19.71 | +6.87% |
Nov 03, 2025 | $14.21 | $12.67 | -10.84% |
Aug 05, 2025 | $12.37 | $13.65 | +10.32% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Adeia (ADEA) report earnings?
Adeia (ADEA) is schdueled to report earning on Aug 11, 2026, After Close (Confirmed).
What is Adeia (ADEA) earnings time?
Adeia (ADEA) earnings time is at Aug 11, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is ADEA EPS forecast?
ADEA EPS forecast for the fiscal quarter 2026 (Q2) is 0.32.