Advanced Television

Xperi “making progress on strategic growth plan” in Q1

May 6, 2026

Xperi, the media and entertainment technology company and TiVo owner, has announced its Q1 2026 financial results for the period ended March 31st 2026. Revenue stood at $114.2 million (€97m) – up slightly from $114 million in Q1 2025.

“We are beginning to see the inflection in our monetisation strategy as our Media Platform revenue grew 45 per cent when compared to the first quarter of 2025. During the quarter, we made significant improvements to our ad products by enhancing targeting and measurement, further growing the TiVo One ad platform footprint, and expanding partnerships that, collectively, are expected to accelerate advertising monetisation,” said Jon Kirchner, chief executive officer of Xperi. “The results of the quarter clearly demonstrate the progress we are making on our strategic growth plan. We remain on track for our 2026 goals and reaffirm our financial guidance for the year.”

Key Operating Achievements included

Media Platform

  • Media Platform revenue grew 45 per cent on a year-over-year basis.
  • TiVo One Monthly Active Users more than doubled year-over-year to 5.5 million.
  • Completed integrations with US and European advertising partners to improve data signals while enabling Connected TV inventory for targeted advertising and measurement. These integrations validate TiVo One’s unique audience and incremental reach in the programmatic marketplace.
  • Signed a multi-year partnership agreement with Samba TV, adding industry-leading intelligence and measurement capabilities to enhance the value of TiVo One’s Connected TV inventory for ad buyers.
  • Average Revenue Per User (ARPU) for TiVo One for the trailing 12 months ending March 31st was $7.10.

Connected Car

  • AutoStage footprint expanded by over 45 per cent year-over-year, reaching over 16 million vehicles across 13 automotive brands.
  • Launched the AutoStage Broadcast Portal, a subscription service that we believe delivers unprecedented visibility and insights into audience behaviour and listening metrics across 300 US radio markets.
  • Signed multi-year HD Radio renewal agreements with two major Asian Tier 1 suppliers and launched HD Radio in new models, including from Audi, Honda, Mercedes, and Toyota.

Pay TV

  • IPTV subscriber households increased by 19 per cent year-over-year, reaching 3.28 million at quarter end.
  • Introduced new IPTV service offerings designed to drive long-term ARPU growth including a Programmatic Dynamic Ad Insertion solution and our native Digital Rights Management (DRM) solution.
  • Delivered an innovative 4K sports experience with multi-view capability to IPTV households for the Winter Olympics and Super Bowl.
  • Expanded our set-top box partnership with Kaon and executed a multi-year discovery agreement with DirecTV.

Consumer Electronics

  • Renewed DTS decoder and post-processing contracts with leading TV brands, including Vizio, Xiaomi, TCL, and a major US retailer.
  • Entered into multi-year partnership with Tencent Music for DTS:X encoding of its music catalogue, offering immersive audio as a premium feature to Tencent/QQ Music subscribers.

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