Filing Flows › Adeia (ADEA) › Q1 2025
Adeia (ADEA) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 6, 2025
Adeia (ADEA) reported revenue of $87.7M for the first quarter 2025 (Q1 2025), +5% from a year earlier and -26% from the quarter before. Operating margin was 26.0%, net earnings $11.8M (13.5% of revenue).
Adeia, Q1 2025: revenue $87.7M (+5% year over year), operating margin 26.0%, net earnings $11.8M, operating cash flow $57.1M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $87.7M | -26% | +5% |
| Operating profit | $22.8M | -60% | +18% |
| Net earnings | $11.8M | -67% | 13× |
| Operating cash flow | $57.1M | -47% | -15% |
| Free cash flow | $56.9M | -47% | -14% |
What changed
Revenue was $87.7M in Q1 2025, up 5% year over year and down 26% from the previous quarter. Media Platform was the largest line at 96% of revenue. Media Platform added $3.5M year over year (up 4%), 83% of the total change.
Operating profit was $22.8M, a 26.0% margin (up 2.8 points year over year). Of the extra revenue versus a year earlier, 81% reached operating profit, above the 23% margin then. Total costs grew 1% against revenue growth of 5%. The fastest-growing cost line was SG&A (+18%). Net earnings were $11.8M, up 1214% year over year. The effective tax rate was 15.0%.
Operating cash flow was $57.1M (down 15% year over year), 484% of net earnings. Non-cash charges added back $14.6M of depreciation and amortization and $8.2M of share-based compensation. Working capital and other items added $22.5M. Capital expenditures of $228K left free cash flow of $56.9M.
Questions
What was Adeia's revenue in the first quarter 2025?
Adeia (ADEA) reported revenue of $87.7M for the first quarter 2025 (Q1 2025), +5% from a year earlier and -26% from the quarter before.
Was Adeia profitable in the first quarter 2025?
Operating profit was $22.8M (26.0% of revenue) and net earnings $11.8M.
Source: Adeia 10-Q on SEC EDGAR.