Adeia Inc (ADEA) Earnings: Q3 2026 Results

The quarter ended September 30, 2026 and Adeia published the results on November 2, 2026. Revenue and diluted EPS are shown against Q3 2025, the same quarter a year earlier, which takes seasonal swings out of the comparison. Adeia reports EPS two ways: GAAP, under the accounting rules every US filer follows, and non-GAAP diluted, which leaves out items the company considers outside its operating results. The release reconciles the two, and when they diverge, the reconciliation says why.

• Adeia's quarterly revenue swings with the timing of license deals: Q4 2025 revenue was $182.6 million and Q1 2026 $104.8 million, against $80.2 million in Q3 2026.
• Adeia announced the appointment of Dipti Vachani as chief executive officer with its Q3 2026 results.

Source: Adeia Q3 2026 results, November 2, 2026. Also in the Form 10-Q for the quarter ended September 30, 2026. Figures as reported; checked against the release on November 10, 2026.

How Adeia splits revenue in its own release, under its own labels, for Q3 2026 against Q3 2025. Indented lines are parts of the line above them.

• Adeia's Media revenue was $65.0 million in Q3 2026, down 18% from $79.7 million in Q3 2025, 81% of total revenue.
• Adeia's Semiconductor revenue was $15.2 million in Q3 2026, up 99% from $7.6 million in Q3 2025, 19% of total revenue.

Segment lines are the figures writers cite most often, because they show where the growth in a quarter came from. Companies redraw their segments from time to time and restate the prior year to match, so a year-ago figure here can differ from the one printed a year ago. When that has happened, the note above says so.

From the earnings release

Adeia's outlook table gives an updated 2026 revenue range of $375.0 million to $415.0 million (prior $395.0 million to $435.0 million), on both a GAAP and non-GAAP basis.

In its Q3 2026 release, Adeia said:

“The Company is updating its full year 2026 outlook as follows:”

“We are on target to achieve our long-term annual revenue outlook of $600 million and we remain excited about our future.”

“We remain confident in our ability to achieve the high-end of our revenue guidance range for 2026. However, we felt it prudent to adjust the range to reflect the potential impact to the extent certain of these deals are executed beyond the end of the year.”

Source: Adeia Q3 2026 release, Nov 2, 2026.

This is the company's own guidance as of Nov 2, 2026, quoted as given. Walnut does not make forecasts of its own. Analyst estimates for the coming quarters are on the ADEA forecast page.

Revenue and diluted EPS for the last 5 quarters. Each date links to that quarter's release.

GAAP revenue and diluted EPS, each as first reported in that quarter's release.

We do not hold a confirmed date for Adeia's next report. Companies post the date on their investor relations site a few weeks ahead, usually with the time of the conference call.

Each quarter keeps its own page with the figures as reported, so a link to one stays pointed at the same numbers after the next report.

• Q3 2026 (this page), reported Nov 2, 2026

Adeia licenses patents and earns almost all of its revenue from license fees and royalties. Q3 2026 revenue was $80.2 million, down 8.1% from $87.3 million and down from $96.1 million in Q2 2026. Media IP, covering content discovery, personalization and streaming, brought in $65.0 million (from $79.7 million); Semiconductor IP, including hybrid bonding and thermal management for AI datacenters, brought in $15.2 million (from $7.6 million). (Adeia Q3 2026 release, Nov 2, 2026; Adeia Form 10-Q, Q3 2026, Nov 4, 2026)

Recurring revenue, the straight-line portion of fixed-fee Media licenses plus usage-based royalties, fell 12.0% to $76.0 million, which Adeia attributed mainly to lower royalty revenue from certain Pay-TV customers, partly offset by new license agreements. Non-recurring revenue rose to $4.2 million from $1.0 million, driven by three agreements signed in the quarter that each included a release for past infringement. (Adeia Form 10-Q, Q3 2026, Nov 4, 2026)

Adeia signed eight license agreements in Q3 2026, four with new customers: multi-year renewals with Charter and TCL, a new agreement with Fanatics, agreements with a social media company and a consumer electronics company, and three with Pay-TV providers. No customer accounted for 10% or more of revenue in the quarter, against two a year earlier. (Adeia Q3 2026 release, Nov 2, 2026; Adeia Form 10-Q, Q3 2026, Nov 4, 2026)

Revenue is attributed by customer billing address. U.S. customers accounted for $59.5 million, or 74%, and Asia $17.1 million, or 21%. Adeia holds over 14,500 media and semiconductor patents and patent applications worldwide. (Adeia Form 10-Q, Q3 2026, Nov 4, 2026)

Adeia's GAAP diluted EPS was $0.02 in Q3 2026, against $0.08, on net income of $2.3 million. Its non-GAAP diluted EPS was $0.21, against $0.28. The gap is mostly non-cash: amortization of acquired intangibles ($16.3 million, $0.14 per share) and stock-based compensation ($10.6 million, $0.10 per share), less a $0.05 non-GAAP tax adjustment. (Adeia Q3 2026 release, Nov 2, 2026)

Operating income fell to $9.0 million from $27.0 million as revenue dropped and costs rose: litigation expense was $7.2 million against $5.2 million, and selling, general and administrative expense $29.0 million against $24.9 million. Interest expense fell to $8.1 million from $10.1 million as Adeia paid down debt. (Adeia Q3 2026 release, Nov 2, 2026)

Adeia paid $6.1 million of term loan principal in Q3 2026, leaving $386.5 million outstanding, paid a $0.05 quarterly dividend ($5.5 million) and declared another payable December 14, 2026. It repurchased $20.0 million of stock over the first nine months. Diluted shares were 114,254 thousand, against 112,823 thousand. (Adeia Q3 2026 release, Nov 2, 2026; Adeia Form 10-Q, Q3 2026, Nov 4, 2026)

Diluted EPS divides net income by the weighted average number of shares outstanding in the quarter, plus the shares that options and other equity awards could add. Buybacks shrink that count and lift EPS for the same profit; share issuance and stock awards enlarge it.

Adeia gives a full-year outlook in its release, GAAP and non-GAAP. With Q3 2026 it lowered the 2026 revenue range to $375.0 million to $415.0 million, from $395.0 million to $435.0 million, and non-GAAP net income to $136.7 million to $164.3 million, from $144.2 million to $168.7 million. Its CFO said revenue could depend on the timing of a few deals near year end and that Adeia remains confident of reaching the high end of the range. (Adeia Q3 2026 release, Nov 2, 2026)

The outlook assumes diluted shares of 113.5 million to 114.5 million and a GAAP tax rate of 20%. Adeia also reiterated its long-term annual revenue outlook of $600 million. (Adeia Q3 2026 release, Nov 2, 2026)

A consensus figure is the average of the models published by the analysts who cover Adeia, collected by a data provider and revised up to the day of the report. A quarter that lands above it says how expectations were set as much as how the business did, and the share price on the day also reflects the guidance and the lines no consensus covers.

The consensus figures on this page are Yahoo Finance's, as pulled on the date shown. Each comes with the number of analysts behind it; the smaller that number, the more one revised estimate can move the average.

The figures below are the ones Adeia's own release and filings put weight on for Q3 2026, with the latest reported value for each.

What the quarter means for a holding is a separate question from what it reported. The case for and against owning ADEA is on is ADEA a buy or a sell?, what analysts expect next is on the ADEA forecast, and what the company does is on the Adeia Inc (ADEA) stock page.

Every number on this page can be traced to a document Adeia published. Checking one takes a couple of minutes, and it is worth doing before you quote a figure anywhere.

• The results release is the document linked in the source line above. Companies publish it on their investor relations site at the moment results go out, and it carries the headline tables: revenue, operating income, net income and EPS for the quarter and the year-ago quarter.
• The same release is filed with the SEC as Exhibit 99.1 to a Form 8-K under Item 2.02, usually on the day of the report. The SEC copy does not change after the fact, which makes it the safer thing to link when you cite a number.
• The quarterly report (Form 10-Q) follows within a few weeks and carries the full financial statements, the segment note and management's discussion of what changed. The fourth quarter is covered by the annual report (Form 10-K) instead.
• Restated comparisons are flagged in the notes on this page. When a company redraws its segments or changes how it adjusts EPS, it restates the year-ago column, so the year-ago figure in a new release can differ from the one printed a year ago. This page always uses the comparison in the newer release, because that is the like-for-like one.

A walk-through of every line in a release, with what each one tells you, is in how to read an earnings report.