Filing Flows › Xperi (XPER) › Q3 2025
Xperi (XPER) Q3 2025 earnings results (third quarter 2025)
10-Q filed Nov 6, 2025
Xperi (XPER) reported revenue of $112M for the third quarter 2025 (Q3 2025), -16% from a year earlier and +5% from the quarter before. Operating margin was -1.2%, net loss $6.1M (5.5% of revenue).
Xperi, Q3 2025: revenue $112M (-16% year over year), operating margin -1.2%, net loss $6.1M, operating cash flow $7.5M. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $112M | +5% | -16% |
| Operating profit | −$1.4M | — | — |
| Net earnings | −$6.1M | — | — |
| Operating cash flow | $7.5M | -25% | — |
| Free cash flow | $6.7M | -30% | — |
What changed
Revenue was $111.6M in Q3 2025, down 16% year over year and up 5% from the previous quarter. Pay TV was the largest line at 45% of revenue. Pay TV lost $31.9M year over year (down 39%), 150% of the total change.
Operating costs exceeded revenue by $1.4M, an operating margin of -1.2%. Total costs fell 25% while revenue fell 16%. The quarter ended with a net loss of $6.1M, narrower than the previous quarter's $14.8M loss.
Operating cash flow was $7.5M. Non-cash charges added back $11.5M of depreciation and amortization and $9.6M of share-based compensation. Working capital and other items used $7.5M. Capital expenditures of $812K left free cash flow of $6.7M.
Questions
What was Xperi's revenue in the third quarter 2025?
Xperi (XPER) reported revenue of $112M for the third quarter 2025 (Q3 2025), -16% from a year earlier and +5% from the quarter before.
Was Xperi profitable in the third quarter 2025?
Operating loss was $1.4M (-1.2% of revenue) and net loss $6.1M.
Source: Xperi 10-Q on SEC EDGAR.