Adeia (ADEA) Q4 2025 Earnings Call Transcript
The Motley Fool
by newsfeedback@fool.com (Motley Fool Transcribing)February 23, 2026
AI-Generated Deep Dive Summary
Adeia (ADEA) delivered a strong Q4 2025 performance, showcasing robust revenue growth and profitability. The company reported quarterly revenue of $182.6 million, driven by nine major deals across key sectors including OTT, pay TV, consumer electronics, and semiconductors. This resulted in annual revenue of $443 million, exceeding the revised guidance and reflecting a 30% year-over-year growth. Adjusted EBITDA reached $133.9 million with a margin of 73%, while operating income for the year (non-GAAP) was $276 million, surpassing the upper end of previous forecasts.
A key highlight was the significant expansion in semiconductor revenue, which grew by 40% to $26 million in 2025, fueled by deals with major players like STMicro and advancements in 3D NAND technology. The company also secured a record 12 new customers across various industries, including a multiyear agreement with Microsoft (NASDAQ: MSFT) and a renewal with Vodafone (NASDAQ: VOD). These developments underscored Adeia's ability to diversify its customer base and expand into high-growth markets.
Notably, pay TV and OTT contributed significantly to revenue, with pay TV accounting for 35%-40% of projected 2026 revenue compared to the historical 50-60% range. This shift reflects a strategic pivot toward OTT, which is expected to contribute 30%-35% of total revenue in the coming year. The company's recurring revenue model proved resilient, with Q4 showing a 50/50
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Originally published on The Motley Fool on 2/23/2026