Nov 2, 4:05 PM ET
Adeia reported third-quarter 2026 revenue of $80.2 million, down from $87.3 million a year earlier, and GAAP net income of $2.3 million, down from $8.8 million. The company lowered its full-year 2026 revenue range to $375 million to $415 million from $395 million to $435 million, and it also named Dipti Vachani chief executive officer. For shareholders, the weaker quarter and lower outlook point to a weaker near-term earnings picture.
- Q3 2026 revenue was $80.2 million, versus $87.3 million in Q3 2025 and $96.1 million in Q2 2026
- GAAP diluted EPS was $0.02 (vs. $0.08 a year earlier); non-GAAP diluted EPS was $0.21 (vs. $0.28)
- Full-year 2026 revenue outlook was cut to $375 million-$415 million from $395 million-$435 million; GAAP net income outlook was lowered to $52.8 million-$79.2 million from $57.2 million-$80.4 million
- Dipti Vachani was appointed CEO; the CFO said some license deals could slip past year-end
Read the filing on SEC.gov ↗
Sep 28, 4:05 PM ET
Adeia Inc. said Dipti Vachani, a former Arm Limited executive, will become chief executive officer and a board member effective October 12, 2026, succeeding Paul E. Davis, who is leaving to focus on his health and personal pursuits. The filing sets out her pay package, including a $730,000 base salary and an $11,000,000 target equity grant, along with severance terms and a consulting arrangement for Davis.
- Vachani's CEO start date and board seat are both effective October 12, 2026; Davis's consulting agreement runs through December 31, 2026.
- Vachani's offer letter provides a $730,000 base salary and a target bonus of 100% of base salary.
- Target equity grants total $11,000,000, including a $4,400,000 time-based RSU award and a $6,600,000 performance-based RSU award.
- Davis will receive a fixed consulting fee of $183,000.
Read the filing on SEC.gov ↗
Aug 3, 4:05 PM ET
Adeia reported second-quarter 2026 revenue of $96.1 million, up from $85.7 million a year earlier, and non-GAAP diluted EPS of $0.34 versus $0.25. The company raised its long-term annual revenue outlook to $600 million from $500 million, citing its semiconductor business, and reiterated its full-year 2026 GAAP revenue outlook of $395.0 million to $435.0 million.
- Q2 2026 revenue was $96.1 million versus $85.7 million in Q2 2025; GAAP diluted EPS was $0.15, unchanged from a year earlier
- Non-GAAP diluted EPS was $0.34 versus $0.25 in Q2 2025; GAAP net income was $17.4 million
- Long-term annual revenue outlook raised to $600 million from $500 million; 2026 revenue outlook of $395.0 million to $435.0 million reiterated
- Repurchased $10.0 million of common stock in the quarter, with $140.0 million remaining under the repurchase plan as of June 30, 2026
Read the filing on SEC.gov ↗
Jul 28, 4:05 PM ET
On July 22, 2026, Adeia's compensation committee approved changes to severance agreements with its CFO Keith A. Jones, Chief Revenue Officer Dr. Mark Kokes, and Chief Legal Officer Kevin Tanji. The changes add equity vesting acceleration on a qualifying termination, and the amended agreements will be filed with the 10-Q for the quarter ended June 30, 2026, so the full terms are not yet public.
- Committee approved changes on July 22, 2026 to prior severance agreements with three executives
- Qualifying termination now accelerates vesting of equity awards scheduled to vest within 12 months of termination
- Performance awards vest on actual performance for completed fiscal years and the greater of target or actual performance for other goals
- Amended agreements to be filed as an exhibit to the Form 10-Q for the quarter ended June 30, 2026
Read the filing on SEC.gov ↗
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.