Q2 FY2026 EarningsQ2 FY26 results missed consensus on the top line but beat on profitability: revenue of $96.1M fell short of the $96.8M expected, while Diluted GAAP EPS of $0.15 exceeded the $0.13 mean estimate. Non-recurring revenue surged by 3,441% YoY to $22.6M, driven by two significant multi-year IP license agreements, effectively offsetting a 13.6% YoY decline in recurring Pay-TV royalty revenue. Operating income of $25.4M significantly underperformed the consensus EBIT target of $50.7M due to elevated amortization and personnel costs.
Financial report interval: 2026.03.30 - 2026.06.30
Overview: Adeia(ADEA) the Revenue is 96.12 M (+12.11%), Miss estimate;the EBIT is 55.9 M (+80.35%), Beat estimate;the EPS is 0.15 (+0%), Beat estimate.
Actual
YoY
Estimate
YoY
Vs estimate
YoY
RevenueMiss expectations
0.10B12.11%
0.10B12.89%
-0.00B0.78%
EBITExceed expectations
0.06B80.35%
0.05B63.52%
+0.01B16.83%
EPSExceed expectations
0.15--
0.1313.33%
+0.020013.33%
Revenue
ActualEstimateUnit: USD
qf
EBIT
ActualEstimateUnit: USD
qf
Net income
ActualEstimateUnit: USD
qf
EPS
ActualEstimateUnit: USD
qf