{"id":988803,"date":"2026-08-03T18:31:18","date_gmt":"2026-08-03T22:31:18","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/adeia-announces-second-quarter-2026-financial-results\/"},"modified":"2026-08-03T18:31:18","modified_gmt":"2026-08-03T22:31:18","slug":"adeia-announces-second-quarter-2026-financial-results","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/adeia-announces-second-quarter-2026-financial-results\/","title":{"rendered":"Adeia Announces Second Quarter 2026 Financial Results"},"content":{"rendered":"
\n

\n
\n Signed multi-year license renewal with Google, which includes YouTube TV, one of the largest Pay-TV providers
<\/em>
\n <\/strong>
\n
\n Signed multi-year license agreement with RPX, encompassing 10 new e-commerce customers
<\/em>
\n <\/strong>
\n
\n Long-term annual revenue outlook increased to $600 million on the strength of our semiconductor business <\/em>
\n <\/strong>\n <\/p>\n

SAN JOSE, Calif., Aug. 03, 2026 (GLOBE NEWSWIRE) — Adeia Inc. (Nasdaq: ADEA) (the \u201cCompany\u201d or \u201cAdeia\u201d) today announced financial results for the second quarter ended June 30, 2026.<\/p>\n

\u201cSecond quarter revenue of $96 million was in line with our expectations, and we generated $55 million in operating cash flow with a 59% adjusted EBITDA margin,\u201d said Paul E. Davis, chief executive officer of Adeia. \u201cWe closed six license agreements during the quarter, across OTT, e-commerce, consumer electronics and Pay-TV. We closed a significant multi-year renewal with Google, which has been a valued licensee for approximately 15 years and whose YouTube TV platform is one of the fastest growing Pay-TV services in the country. We also signed a seminal, multi-year license agreement with RPX, adding 10 new e-commerce customers under a single agreement. With the RPX deal and a new license agreement with L’Or\u00e9al, we now have 15 customers across six agreements in e-commerce \u2014 a business we built from the ground up over just the past two years. Non-Pay-TV recurring revenue for the quarter grew 54% year-over-year, continuing a multi-quarter trend as our non-Pay-TV pipeline remains robust and continues to grow.\u201d<\/p>\n

Davis continued, \u201cWe are raising our long-term annual revenue outlook to $600 million from $500 million driven by confidence in our semiconductor business being able to reach $200 million in annual revenue. This new semiconductor outlook is based on the trajectory of hybrid bonding adoption across both memory and logic in connection with the AI infrastructure build-out and high-performance computing demand. Our media growth target remains strong at $400 million, supported by continued momentum in OTT, e-commerce, consumer electronics and social media. I am very pleased with the progress we have made in the first half of the year and we remain focused on execution across the business to achieve our goals for the year.\u00a0Our strategic initiatives remain on track, including increasing our long-term revenue, growing our IP portfolio primarily through our organic innovation engine, maintaining a balanced capital allocation approach and growing our opportunity pipeline.\u201d<\/p>\n

\n Second Quarter Financial Highlights <\/strong>\n <\/p>\n