Filing Flows › Xperi (XPER) › Q2 2025
Xperi (XPER) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 7, 2025
Xperi (XPER) reported revenue of $106M for the second quarter 2025 (Q2 2025), -11% from a year earlier and -7% from the quarter before. Operating margin was -10.5%, net loss $14.8M (14.0% of revenue).
Xperi, Q2 2025: revenue $106M (-11% year over year), operating margin -10.5%, net loss $14.8M, operating cash flow $10.1M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $106M | -7% | -11% |
| Operating profit | −$11.1M | — | — |
| Net earnings | −$14.8M | — | — |
| Operating cash flow | $10.1M | — | — |
| Free cash flow | $9.5M | — | — |
What changed
Revenue was $105.9M in Q2 2025, down 11% year over year and down 7% from the previous quarter. Pay TV was the largest line at 47% of revenue. Pay TV lost $10.8M year over year (down 18%), 79% of the total change.
Operating costs exceeded revenue by $11.1M, an operating margin of -10.5%. Total costs fell 17% while revenue fell 11%. The fastest-growing cost line was Cost of revenue (+16%). The quarter ended with a net loss of $14.8M, narrower than the previous quarter's $18.4M loss.
Operating cash flow was $10.1M. Non-cash charges added back $12.6M of depreciation and amortization and $10.3M of share-based compensation. Working capital and other items added $2.0M. Capital expenditures of $561K left free cash flow of $9.5M.
Questions
What was Xperi's revenue in the second quarter 2025?
Xperi (XPER) reported revenue of $106M for the second quarter 2025 (Q2 2025), -11% from a year earlier and -7% from the quarter before.
Was Xperi profitable in the second quarter 2025?
Operating loss was $11.1M (-10.5% of revenue) and net loss $14.8M.
Source: Xperi 10-Q on SEC EDGAR.