ADEIA CORP

ADEIA CORP

ADEA · NASDAQ · Technology / Software - Application

16.22USD-0.41 (-2.47%)

Price History

Full chart

Market Stats

Previous Close16.63
Open16.62
Day Range15.97 – 16.62
52-Week Range11.49 – 34.21
Volume858.96K
Market Cap2.81B
P/E (TTM)23.38
Forward P/E15.60
EPS1.09
Dividend Yield0.80%
Beta0.96
50-Day Avg26.59
200-Day Avg25.15

About

Adeia Inc., together with its subsidiaries, operates as a media and semiconductor intellectual property licensing platform company in the United States, Asia, Canada, Europe, the Middle East, and internationally. The company licenses its patent portfolios across various markets, including multichannel video programming distributors comprising cable, satellite, and telecommunications television providers that aggregate and distribute linear content over networks, as well as television providers that aggregate and stream linear content over broadband networks; over-the-top video service providers, such as subscription video-on-demand and free advertising-supported streaming service providers, providers that offer online services and devices that enable internet streaming and downloading of movies, television shows, music and other types of media content, as well as content providers, networks, and media companies. It also licenses consumer electronics manufacturers, which includes producers of smart televisions, streaming media devices, video game consoles, mobile devices, content storage devices, and other connected media devices; semiconductors, including providers of memory, logic, sensors, and radio frequency devices; and social media companies that allow users to stream and upload user-generated content. The company licenses its intellectual properties under the Adeia brand. The company was formerly known as Xperi Holding Corporation and changed its name to Adeia Inc. The company was incorporated in 2019 and is headquartered in San Jose, California.

Company Details

  • SectorTechnology
  • IndustrySoftware - Application
  • CEOMr. Paul E. Davis J.D.
  • Employees150
  • Headquarters3025 Orchard Parkway, San Jose, CA, United States, 95134, USA
  • Websitehttps://adeia.com

Leadership

  • Mr. Paul E. Davis J.D.CEO & Director · b. 1975
  • Mr. Keith A. JonesChief Financial Officer · b. 1970
  • Mr. Kevin TanjiChief Legal Officer & Corporate Secretary · b. 1978
  • Dr. Mark KokesChief Revenue Officer · b. 1973
  • Mr. Serhad DokenChief Technology Officer
  • Chris ChaneyVice President of Investor Relations
  • Mr. Jarl BerntzenChief Corporate Development Officer · b. 1967
  • Ms. Christina SawyerChief People Officer
  • Mr. Craig S. MitchellChief Semiconductor Officer · b. 1972
  • Mr. Joseph GuilianoChief intellectual property (IP) officer

Financials

Income Statement

Currency: USD2000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue11.48M27.02M28.27M37.32M72.74M94.70M208.73M195.69M248.29M299.44M301.39M254.58M209.84M168.81M278.81M273.30M259.56M373.73M406.13M280.07M515.92M877.70M438.93M388.79M376.02M443.39M
Growth (%)-+135.32%+4.65%+32.02%+94.89%+30.20%+120.41%-6.25%+26.88%+20.60%+0.65%-15.53%-17.57%-19.55%+65.16%-1.98%-5.03%+43.98%+8.67%-31.04%+84.21%+70.12%-49.99%-11.42%-3.28%+17.91%
Cost of Revenue7.00M5.30M4.26M6.73M9.61M13.31M19.36M22.99M26.14M27.75M34.89M37.19M48.12M41.74M21.75M22.78M34.68M125.44M121.74M115.13M78.36M353.96M114.22M95.27M72.78M56.62M
Gross Profit4.48M21.72M24.01M30.59M63.12M81.39M189.37M172.70M222.15M271.69M266.50M217.38M161.72M127.07M257.06M250.52M224.88M248.29M284.39M164.94M437.56M523.74M324.71M293.51M303.25M386.76M
Gross Margin39.00%80.39%84.92%81.96%86.78%85.94%90.73%88.25%89.47%90.73%88.42%85.39%77.07%75.27%92.20%91.66%86.64%66.44%70.02%58.89%84.81%59.67%73.98%75.49%80.65%87.23%
Operating Expense40.04M30.33M16.19M19.80M20.28M27.81M90.37M77.96M121.74M127.92M140.28M145.66M141.02M68.35M76.58M74.18M90.64M243.30M234.31M228.52M170.11M498.28M163.06M157.28M174.64M177.70M
Operating Income-35.56M-8.61M7.81M10.79M42.84M53.57M99.00M94.74M100.41M143.77M126.22M71.73M20.70M58.72M180.47M176.34M134.24M5.00M50.08M-63.58M267.45M25.45M161.65M136.23M128.61M209.07M
Operating Margin-309.75%-31.87%27.63%28.90%58.90%56.57%47.43%48.41%40.44%48.01%41.88%28.18%9.86%34.79%64.73%64.52%51.72%1.34%12.33%-22.70%51.84%2.90%36.83%35.04%34.20%47.15%
EBITDA-42.56M-8.61M8.74M11.68M37.43M50.78M112.74M91.69M37.98M144.72M129.66M18.08M30.30M33.22M187.55M187.85M127.25M89.08M147.70M46.99M437.11M235.64M269.33M237.82M206.50M239.86M
EBITDA Margin-370.75%-31.87%30.91%31.30%51.46%53.62%54.01%46.86%15.30%48.33%43.02%7.10%14.44%19.68%67.27%68.73%49.03%23.84%36.37%16.78%84.72%26.85%61.36%61.17%54.92%54.10%
Net Income-34.08M-8.20M6.54M9.36M59.06M31.45M61.35M45.14M4.64M69.80M57.35M-19.30M-30.23M-185.56M170.45M117.02M56.09M-56.56M-289.00K-62.53M146.76M-55.46M-295.88M67.37M64.62M111.08M
Net Income Margin-296.86%-30.36%23.13%25.07%81.20%33.21%29.39%23.07%1.87%23.31%19.03%-7.58%-14.40%-109.92%61.14%42.82%21.61%-15.13%-0.07%-22.33%28.45%-6.32%-67.41%17.33%17.19%25.05%
R&D9.42M8.20M6.70M7.66M7.16M7.45M20.06M37.53M61.60M65.89M74.10M75.98M88.76M32.44M37.48M32.18M44.74M105.85M106.41M112.34M35.08M232.20M44.58M54.26M59.60M67.52M
R&D as % of Total Revenue82.04%30.36%23.70%20.53%9.85%7.87%9.61%19.18%24.81%22.00%24.59%29.84%42.30%19.22%13.44%11.77%17.24%28.32%26.20%40.11%6.80%26.46%10.16%13.96%15.85%15.23%
Interest Expense----------------2.41M28.29M25.66M23.38M37.87M38.97M45.34M62.57M52.54M40.36M
Interest Expense % of Total Revenue----------------0.93%7.57%6.32%8.35%7.34%4.44%10.33%16.09%13.97%9.10%

Balance Sheet

Currency: USD2000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets29.64M24.58M24.17M70.08M139.68M190.13M321.29M444.44M501.59M616.32M711.85M720.15M703.78M487.67M577.12M539.35M1.19B1.11B1.24B1.05B2.70B2.47B1.21B1.11B1.10B1.04B
Total Liabilities--2.66M4.09M4.71M10.17M15.43M26.11M54.69M44.13M47.27M45.85M60.38M40.97M35.76M24.20M678.65M674.45M616.96M502.85M1.25B1.13B909.11M748.93M701.39M558.76M
Total Equity-77.15M-83.76M21.51M65.99M134.98M179.96M305.86M418.32M446.90M572.18M664.58M674.31M643.40M446.70M541.36M515.16M507.79M435.58M619.44M547.91M1.46B1.35B301.41M356.62M396.57M480.54M
Cash--1.34M64.38M108.34M127.59M194.08M207.16M87.89M107.87M69.27M55.76M103.80M359.59M50.91M22.60M65.63M138.26M113.63M74.55M170.19M80.43M114.56M54.56M78.83M73.14M
Total Debt----------------583.24M579.66M482.19M353.94M923.49M772.87M736.29M595.93M485.42M427.74M
Net Debt---1.34M-64.38M-108.34M-127.59M-194.08M-207.16M-87.89M-107.87M-69.27M-55.76M-103.80M-359.59M-50.91M-22.60M517.61M441.40M368.57M279.39M753.30M692.44M621.74M541.37M406.59M354.61M

Cash Flow

Currency: USD2002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow18.76M11.70M36.06M51.79M111.61M83.61M68.50M114.29M106.15M79.43M24.86M-48.08M134.20M146.55M145.63M147.26M135.13M169.25M427.60M234.79M183.02M152.75M212.46M158.09M
Investing Cash Flow-18.34M17.39M-1.79M-44.83M-56.67M-113.90M-189.19M-116.90M-151.69M-100.79M32.85M47.95M-76.65M-21.29M-592.40M-18.84M11.43M-19.14M17.84M-6.21M-2.91M-34.49M-24.02M-40.26M
Financing Cash Flow295.00K33.94M9.69M12.29M11.55M43.37M1.42M22.59M6.94M7.85M-9.67M-29.95M-80.37M-153.57M489.79M-55.79M-171.20M-189.18M-351.14M-196.25M-263.26M-178.26M-164.17M-123.51M
Capital Expenditure459.00K1.49M1.80M4.10M3.05M11.40M19.75M30.53M29.90M72.60M38.30M23.47M7.40M8.59M13.38M3.50M7.44M13.31M58.31M14.14M12.87M6.34M22.30M8.76M
Free Cash Flow18.30M10.21M34.26M47.69M108.56M72.21M48.76M83.77M76.25M6.82M-13.44M-71.55M126.80M137.96M132.26M143.77M127.69M155.94M369.29M220.65M170.16M146.41M190.16M149.33M
Dividends Paid----------15.64M37.59M48.34M41.68M39.16M39.51M39.19M39.50M30.83M20.98M203.82M21.34M21.77M21.77M
FCF to OCF97.55%87.28%95.01%92.08%97.27%86.36%71.17%73.29%71.83%8.59%-54.07%148.82%94.48%94.14%90.82%97.62%94.50%92.13%86.36%93.98%92.97%95.85%89.51%94.46%
Dividend Paid to FCF-----------116.33%-52.54%38.12%30.21%29.61%27.48%30.69%25.33%8.35%9.51%119.78%14.57%11.45%14.58%

Earnings

Report DateJan 27, 2004Apr 20, 2004Jul 21, 2004Oct 20, 2004Feb 2, 2005Apr 21, 2005Jul 28, 2005Nov 1, 2005Feb 1, 2006May 1, 2006Aug 1, 2006Nov 1, 2006Jan 31, 2007May 3, 2007Aug 2, 2007Nov 1, 2007Jan 31, 2008May 1, 2008Jul 31, 2008Oct 30, 2008Feb 2, 2009Apr 30, 2009Aug 4, 2009Oct 29, 2009Jan 28, 2010Apr 28, 2010Jul 29, 2010Oct 28, 2010Jan 27, 2011Apr 28, 2011Jul 28, 2011Nov 3, 2011Jan 26, 2012Apr 26, 2012Jul 26, 2012Nov 1, 2012Feb 7, 2013Apr 25, 2013Jul 31, 2013Nov 6, 2013Feb 5, 2014May 6, 2014Aug 4, 2014Oct 30, 2014Feb 10, 2015May 5, 2015Aug 3, 2015Nov 3, 2015Feb 2, 2016May 2, 2016Aug 2, 2016Nov 1, 2016Feb 22, 2017May 3, 2017Jul 27, 2017Nov 2, 2017Feb 13, 2018May 3, 2018Aug 8, 2018Nov 7, 2018Feb 20, 2019May 8, 2019Aug 6, 2019Nov 6, 2019Feb 18, 2020May 6, 2020Aug 10, 2020Nov 9, 2020Feb 23, 2021May 5, 2021Aug 3, 2021Nov 8, 2021Feb 23, 2022May 9, 2022Aug 8, 2022Nov 9, 2022Feb 22, 2023May 8, 2023Aug 7, 2023Nov 6, 2023Feb 20, 2024May 6, 2024Aug 6, 2024Nov 7, 2024Feb 18, 2025May 5, 2025Aug 5, 2025Nov 3, 2025Feb 23, 2026May 4, 2026Aug 3, 2026Nov 2, 2026
EPS Estimate0.050.080.160.250.160.340.190.130.230.150.171.620.480.440.400.410.480.340.270.270.361.230.320.400.220.200.310.400.290.170.250.060.070.110.030.02-0.23-0.27-0.27-0.180.080.500.010.800.410.710.480.560.520.440.560.510.53-0.080.300.310.750.540.540.561.170.640.540.521.020.690.430.201.840.470.420.340.330.630.410.320.300.330.250.270.250.210.230.390.430.250.240.340.650.330.230.25
EPS Actual0.070.090.190.300.160.360.230.170.220.140.011.750.540.510.450.510.510.330.180.010.410.980.370.370.310.320.300.380.300.220.230.030.05-0.080.160.12-0.24-0.41-0.23-0.870.140.760.190.870.620.740.580.650.570.480.600.570.45-0.070.360.300.770.610.660.631.190.750.680.601.190.870.570.192.100.590.610.530.300.920.520.310.410.480.260.380.270.250.280.270.470.260.250.280.860.380.27-
Surprise40.00%12.50%18.75%20.00%0.00%5.88%21.05%30.77%-4.35%-6.67%-94.12%8.02%12.50%15.91%12.50%24.39%6.25%-2.94%-33.33%-96.30%13.89%-20.33%15.63%-7.50%40.91%60.00%-3.23%-5.00%3.45%29.41%-8.00%-50.00%-28.57%-172.73%433.33%500.00%-4.35%-51.85%14.81%-383.33%75.00%52.00%1800.00%8.75%51.22%4.23%20.83%16.07%9.62%9.09%7.14%11.76%-15.09%12.50%20.00%-3.23%2.67%12.96%22.22%12.50%1.71%17.19%25.93%15.38%16.67%26.09%32.56%-5.00%14.13%25.53%45.24%55.88%-9.09%46.03%26.83%-3.13%36.67%45.45%4.00%40.74%8.00%19.05%21.74%-30.77%10.25%4.00%4.17%-17.65%32.15%15.15%17.39%-
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Key Statistics & Ratios

Market Cap2.81B
Enterprise Value3.02B
Trailing P/E23.38
Forward P/E15.60
PEG Ratio1.51
Price / Sales5.97
Price / Book5.79
EPS1.09
Book Value4.33
Revenue (TTM)470.87M
Gross Profit (TTM)470.87M
EBITDA281.28M
Profit Margin26.05%
Operating Margin31.95%
Return on Equity27.88%
Return on Assets13.06%
Shares Outstanding110.28M
Shares Float107.72M
Beta0.96
Dividend Yield0.80%
Dividend Rate0.20
Payout Ratio11.17%

Analyst Ratings

Buy
Based on 3 analystsTarget 43.00
  • Strong Buy
    1
  • Buy
    2

Ownership Breakdown

Institutions
105.78%
Insiders
1.85%
Retail / Other
0.00%

Top Institutional Holders

  • BlackRock Inc
    16.81M15.25%
  • Ameriprise Financial Inc
    14.56M13.21%
  • Vanguard Portfolio Management, LLC
    8.46M7.67%
  • Vanguard Capital Management, LLC
    4.71M4.27%
  • State Street Corp
    4.58M4.15%
  • Rubric Capital Management LP
    4.28M3.88%
  • FMR Inc
    3.41M3.09%
  • Neuberger Berman Group LLC
    3.23M2.93%
  • Geode Capital Management, LLC
    2.85M2.58%
  • Dimensional Fund Advisors, Inc.
    2.79M2.53%
  • Systematic Financial Management LP
    2.69M2.44%
  • Boston Partners Global Investors, Inc
    2.44M2.21%
  • Manufacturers Life Insurance Co
    1.85M1.68%
  • Wellington Management Company LLP
    1.71M1.55%

Top Fund Holders

  • Columbia Seligman Tech & Info A
    8.15M7.39%
  • iShares Core S&P Small-Cap ETF
    6.71M6.08%
  • Vanguard MStar Total Stk Mkt Idx Invest
    3.33M3.02%
  • iShares Russell 2000 ETF
    2.86M2.59%
  • Vanguard Information Technology ETF
    2.73M2.48%
  • Vanguard Small Cap Index
    2.41M2.18%

Dividends

20263×
0.05Aug 24, 20260.05May 26, 20260.05Mar 16, 2026
20254×
0.05Nov 24, 20250.05Aug 26, 20250.05May 27, 20250.05Mar 10, 2025
20244×
0.05Nov 27, 20240.05Aug 27, 20240.05May 28, 20240.05Mar 11, 2024
20234×
0.05Nov 24, 20230.05Aug 25, 20230.05May 26, 20230.05Mar 14, 2023
20224×
0.05Nov 29, 20220.05Aug 26, 20220.05May 27, 20220.05Mar 15, 2022
20214×
0.05Nov 26, 20210.05Aug 23, 20210.05May 24, 20210.05Mar 15, 2021
20201×
0.05Nov 27, 2020

Stock Splits

  • Oct 3, 2022189:50