Filing Flows › Xperi (XPER) › Q4 2025
Xperi (XPER) Q4 2025 earnings results (fourth quarter 2025)
10-K filed Feb 26, 2026
Xperi (XPER) reported revenue of $117M for the fourth quarter 2025 (Q4 2025), -5% from a year earlier and +4% from the quarter before. Operating margin was -12.7%, net loss $17.1M (14.7% of revenue).
Xperi, Q4 2025: revenue $117M (-5% year over year), operating margin -12.7%, net loss $17.1M, operating cash flow $4.1M. The chart follows the revenue to costs, profit and cash.
| Q4 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $117M | +4% | -5% |
| Operating profit | −$14.8M | — | — |
| Net earnings | −$17.1M | — | — |
| Operating cash flow | $4.1M | -46% | +234% |
| Free cash flow | $1.2M | -83% | — |
What changed
Revenue was $116.5M in Q4 2025, down 5% year over year and up 4% from the previous quarter. Pay TV was the largest line at 48% of revenue.
Operating costs exceeded revenue by $14.8M, an operating margin of -12.7%. Total costs fell 4% while revenue fell 5%. The fastest-growing cost line was Cost of revenue (+25%). The quarter ended with a net loss of $17.1M, wider than the previous quarter's $6.1M loss.
Operating cash flow was $4.1M (up 234% year over year). Non-cash charges added back $11.6M of depreciation and amortization and $8.6M of share-based compensation. Working capital and other items added $1.0M. Capital expenditures of $2.9M left free cash flow of $1.2M.
Questions
What was Xperi's revenue in the fourth quarter 2025?
Xperi (XPER) reported revenue of $117M for the fourth quarter 2025 (Q4 2025), -5% from a year earlier and +4% from the quarter before.
Was Xperi profitable in the fourth quarter 2025?
Operating loss was $14.8M (-12.7% of revenue) and net loss $17.1M.
Source: Xperi 10-K on SEC EDGAR.