Adeia Q1 revenue rises to $104.8 million; net income reaches $22.8 million
Adeia reported first quarter 2026 results, with revenue of $104.8 million, up from $87.7 million a year earlier, and GAAP net income of $22.8 million, up from $11.8 million. The company reiterated its full year 2026 revenue outlook of $395.0 million to $435.0 million and said it paid down $28.1 million of debt during the quarter.
Key points
- Q1 2026 revenue was $104.8 million, compared with $87.7 million in Q1 2025 and $182.6 million in Q4 2025.
- GAAP diluted EPS was $0.20 and non-GAAP diluted EPS was $0.38, compared with $0.10 and $0.26 a year earlier.
- The company repurchased $10.0 million of common stock and reduced its term loan balance to $398.6 million as of March 31, 2026.
- The Board declared a $0.05 per share dividend, payable June 15, 2026, to holders of record on May 26, 2026.
The filing
Written by AI on Nov 8, 2026, 1:54 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 04, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.