Xperi Inc.
For the period ended Dec 31, 2025. Filed Feb 26, 2026.
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FY2025 · Filed Feb 26, 2026
XPER$5.83+2.5%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Operations
(in thousands, except per share amounts)
| Year Ended December 31, | |||
|---|---|---|---|
| 2025 | 2024 | 2023 | |
| Revenue | $448,105 | $493,688 | $521,334 |
| Operating expenses: | |||
| Cost of revenue, excluding depreciation and amortization of intangible assets | 126,648 | 113,756 | 118,628 |
| Research and development | 135,054 | 191,352 | 222,833 |
| Selling, general and administrative | 181,869 | 218,106 | 233,403 |
| Depreciation expense | 13,426 | 12,638 | 16,645 |
| Amortization expense | 34,839 | 43,376 | 57,752 |
| Impairment of long-lived assets | — | 1,535 | 1,710 |
| Total operating expenses | 491,836 | 580,763 | 650,971 |
| Operating loss | (43,731) | (87,075) | (129,637) |
| Interest and other income, net | 6,093 | 829 | 2,991 |
| Interest expense - debt | (2,979) | (3,008) | (3,000) |
| Gain on divestitures | — | 100,833 | — |
| (Loss) income before taxes | (40,617) | 11,579 | (129,646) |
| Provision for income taxes | 15,722 | 12,448 | 10,042 |
| Net loss | (56,339) | (869) | (139,688) |
| Less: net income (loss) attributable to noncontrolling interest | — | 13,139 | (3,075) |
| Net loss attributable to the Company | $(56,339) | $(14,008) | $(136,613) |
| Net loss per share attributable to the Company - basic and diluted | $(1.23) | $(0.31) | $(3.18) |
| Weighted-average number of shares used in computing net loss per share attributable to the Company - basic and diluted | 45,869 | 45,057 | 43,012 |
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