Filing Flows › Xperi (XPER) › Q1 2026
Xperi (XPER) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 7, 2026
Xperi (XPER) reported revenue of $114M for the first quarter 2026 (Q1 2026), +0.2% from a year earlier and -2% from the quarter before. Operating margin was 1.9%, net loss $7.8M (6.9% of revenue).
Xperi, Q1 2026: revenue $114M (+0.2% year over year), operating margin 1.9%, net loss $7.8M, operating cash flow −$18.0M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $114M | -2% | +0.2% |
| Operating profit | $2.2M | — | — |
| Net earnings | −$7.8M | — | — |
| Operating cash flow | −$18.0M | -539% | — |
What changed
Revenue was $114.2M in Q1 2026, roughly flat year over year and down 2% from the previous quarter. Pay TV was the largest line at 40% of revenue. Connected Car added $4.8M year over year (up 14%), 2762% of the total change. Consumer Electronics declined 19%.
Operating profit was $2.2M, a 1.9% margin (up 16.3 points year over year). Total costs fell 14% while revenue was flat. The quarter ended with a net loss of $7.8M, narrower than the previous quarter's $17.1M loss.
Operating cash flow was −$18.0M. Non-cash charges added back $12.3M of depreciation and amortization and $7.8M of share-based compensation. Working capital and other items used $30.3M. Capital expenditures of $1.1M exceeded it, leaving free cash flow of −$19.1M.
Questions
What was Xperi's revenue in the first quarter 2026?
Xperi (XPER) reported revenue of $114M for the first quarter 2026 (Q1 2026), +0.2% from a year earlier and -2% from the quarter before.
Was Xperi profitable in the first quarter 2026?
Operating profit was $2.2M (1.9% of revenue) and net loss $7.8M.
Source: Xperi 10-Q on SEC EDGAR.