Adeia Inc. filed its Form 10-Q for the quarterly period ended September 30, 2026 with the U.S. Securities and Exchange Commission on November 4, 2026, reporting third-quarter revenue of $80,193 thousand and net income of $2,267 thousand.

Key Highlights

  • Quarterly revenue: $80,193 thousand for the three months ended September 30, 2026, compared with $87,339 thousand in the same period of 2025, according to the filing.
  • Nine-month revenue growth: Revenue for the nine months ended September 30, 2026 was $281,082 thousand, up from $260,744 thousand in the prior-year period.
  • Net income: Net income of $2,267 thousand for Q3 2026, with diluted earnings per share of $0.02, as reported in the filing.
  • Operating cash flow: Net cash provided by operating activities for the nine months ended September 30, 2026 was $118,245 thousand, versus $98,088 thousand in the comparable 2025 period.
  • Shares outstanding: 110,367,561 shares of common stock outstanding as of October 22, 2026, per the cover page of the filing.
  • Total assets: $1,007,164 thousand as of September 30, 2026, down from $1,039,303 thousand at December 31, 2025.
  • Dividends paid: $16,555 thousand in dividends were paid during the nine months ended September 30, 2026, per the cash flow statement.

Adeia's Licensing Business and Financial Results for the September 2026 Quarter

Adeia Inc. (NASDAQ:ADEA), a San Jose, California-based intellectual property licensing company incorporated in Delaware, reported its unaudited condensed consolidated financial results for the third quarter of 2026. The company, which licenses its patent portfolio to customers in the media and semiconductor industries, reported quarterly revenue of $80,193 thousand, a decrease from $87,339 thousand in Q3 2025. For the nine months ended September 30, 2026, revenue totaled $281,082 thousand, up from $260,744 thousand in the first nine months of 2025, according to the filing.

Total operating expenses for Q3 2026 were $71,149 thousand, compared with $60,330 thousand in Q3 2025. The increase was driven by higher research and development costs of $18,674 thousand (versus $16,040 thousand), selling, general and administrative expenses of $29,002 thousand (versus $24,920 thousand), amortization expense of $16,291 thousand (versus $14,175 thousand), and litigation expense of $7,182 thousand (versus $5,195 thousand), all as reported in the filing. Operating income for the quarter was $9,044 thousand, compared with $27,009 thousand in Q3 2025.

On the balance sheet as of September 30, 2026, the filing disclosed intangible assets, net of $272,108 thousand and goodwill of $313,660 thousand, reflecting the company's patent-intensive business model. Long-term debt, net stood at $359,789 thousand, down from $397,479 thousand at December 31, 2025, as the company made principal payments totaling $40,267 thousand during the nine-month period. Treasury stock increased to $352,208 thousand, reflecting share repurchase activity. Stock-based compensation expense for the nine months was $29,854 thousand, as disclosed in the cash flow statement.

What Was Disclosed

Adeia Inc. filed a Form 10-Q for the quarter ended September 30, 2026, disclosing revenue, earnings, operating expenses, balance sheet data, and cash flow results for both the three-month and nine-month periods, along with share count and capital structure information.