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Nasdaq · Communication Services

Adeia Inc. (ADEA)

As-reported financials and SEC filings for Adeia Inc. The latest annual period is FY2025. The latest reported quarter is Q2 FY2026. Financial statements come straight from the company’s EDGAR filings; valuation figures such as P/E and market cap use market data.

About Adeia Inc.

Adeia Inc. is a technology company that develops and licenses intellectual property for the media, entertainment, consumer electronics, and semiconductor industries. It offers patented innovations that support content discovery, streaming, personalization, and semiconductor technologies such as hybrid bonding and thermal management. Adeia serves major companies in media, entertainment, consumer electronics, social media, and semiconductor sectors worldwide.

Snapshot

Revenue
$443.4M
Revenue growth (YoY)
17.9%
Net income
$111.1M
Diluted EPS
$0.99
Gross margin
Operating margin
39.5%
Net margin
25.1%
FCF margin
35.2%
ROE
23.1%
net income / fiscal-year-end equity
P/E
24.0×
trailing when available, otherwise FY EPS
Market cap
$2.84B
Long-term debt / equity
0.83×
non-current term debt only

Fundamentals are from SEC filings for FY2025, the latest annual period (ended December 31, 2025). P/E and market cap are derived from stored market prices, last retrieved on a rolling basis and typically within the past week.

What changed at Adeia

  • Revenue grew 17.9% to $443M in FY2025, after a 3.3% decline the year before.
  • Operating margin is 39.5% in FY2025, +9.0 pp against 30.4% in FY2021.
  • Most recent quarter Q2 FY2026: revenue $96M, up 12.1% from Q2 FY2025.
  • Free cash flow was $156M in FY2025, 35.2% of revenue.
  • Net income rose 71.9% to $111M in FY2025.

Computed from the as-reported figures in the statements below. A change we cannot state from filed figures is left out rather than estimated.

Peer comparison

Where Adeia’s fundamentals sit among the 216 Communication Services companies. Each figure is ranked only against peers that report it, from lowest (left) to highest (right).

Operating margin39.5%
Highest of 185
Net margin25.1%
96th percentile of 191
FCF margin35.2%
99th percentile of 164
Revenue growth (YoY)+17.9%
76th percentile of 209
ROE23.1%
89th percentile of 165
P/E24.0×
51st percentile of 95
Long-term debt / equity0.83×
54th percentile of 101
Short interest6.70d
80th percentile of 216

Adeia’s operating margin of 39.5% is the highest of the 185 Communication Services companies reporting it. Adeia’s FCF margin of 35.2% ranks in the 99th percentile of the 164 Communication Services companies reporting it. Adeia’s net margin of 25.1% ranks in the 96th percentile of the 191 Communication Services companies reporting it.

No reported insider transactions (codes P/S) in the last 90 days. For context, about 15% of companies in the universe saw any reported insider purchase (code P) in the same window. Browse insider activity →

Percentiles describe where a figure sits among sector peers reporting it (100th = highest). They are position within a peer group, not a rating, and not investment advice. Short interest ranking uses days to cover from FINRA Consolidated Short Interest data; FINRA is the owner and source of that data, included at no additional charge.

Institutional ownership

Held by 3 of the superinvestors we track (plus 6 quant / multi-strat books), based on each investor’s most recent 13F; periods vary by investor (newest: Q2 2026).

Conviction investors
3
+6 quant / multi-strat
Initiated / added
7
3 new, 4 added
Reduced / exited
2
2 trimmed, 0 exited
Combined position
$39.4M
reported long value
InvestorAs ofPosition valueSharesChange
Renaissance TechnologiesquantQ2 2026$12.2M369.7KReduced
Citadel AdvisorsquantQ2 2026$8.1M246.0KAdded
Two Sigma InvestmentsquantQ2 2026$7.0M212.4KNew
Millennium ManagementquantQ2 2026$5.1M155.2KAdded
AQR Capital ManagementquantQ2 2026$2.9M88.6KAdded
Polen Capital ManagementQ2 2026$1.7M52.6KNew
D. E. ShawquantQ2 2026$1.5M44.3KNew
Gotham Asset ManagementQ2 2026$512,39115.6KAdded
Soros Fund ManagementQ2 2026$365,09511.1KReduced

From quarterly Form 13F filings, which can be up to 45 days delayed. Long US-listed positions only: excludes short positions, options, cash, bonds, and non-US holdings, so this is not a manager’s complete portfolio. Counts are of the investors we track, not all institutions. Not investment advice.

Recent insider activity

Non-derivative buys and sells (codes P/S) reported by officers, directors and 10% owners on SEC Form 4.

Buys (90d)
0
code P
Bought (90d)
code P value
Sells (90d)
0
Reported activity
Quiet
by $ value, 90d
Trade dateInsiderTypeSharesPriceValue
2026-05-13
filed 2026-05-15
Tanji KevinChief Legal OfficerSell99.3K$31.75$3.2M

Reported non-derivative purchases and sales (codes P/S) — which may be open-market or private; excludes option exercises, grants, and shares withheld for taxes. Dates shown are the trade date; a Form 4 can be filed days to years later. A sale can be routine (e.g. a pre-set 10b5-1 plan), so read individual transactions in context. From SEC Form 4. Not investment advice.

Short interest

Total shares sold short as of each twice-monthly FINRA settlement. Rising short interest means more investors are positioned against the stock; days to cover estimates how many trading days of average volume that position represents.

Shares short
7.6M
settled 2026-08-14
Change vs prior
-0.4%
vs previous settlement
Days to cover
6.70
at avg daily volume
Avg daily volume
1.1M
FINRA reported
SettlementShares shortChangeDays to cover
2026-08-147.6M-0.4%6.70
2026-07-317.6M-7.0%5.98
2026-07-158.2M-0.3%6.54
2026-06-308.3M-4.1%3.78
2026-06-158.6M+14.6%3.05
2026-05-297.5M+7.8%4.67
2026-05-157.0M+39.6%2.32
2026-04-305.0M+2.9%3.96

Source: FINRA Consolidated Short Interest. FINRA is the owner and source of the FINRA-supplied data, which is included at no additional charge for your own personal or professional use; republishing or redistributing it is not permitted. Settlement dates are shown; FINRA publishes each settlement about nine business days later, so the latest figure can be two to four weeks old. Not presented as a percentage of float. No FINRA endorsement of this product is implied. Not investment advice.

Income statement (as reported)

 FY2025FY2024FY2023FY2022FY2021
Revenue$443.4M$376.0M$388.8M$438.9M$391.2M
Gross profit
Operating income$175.0M$128.6M$136.2M$153.1M$119.0M
Net income$111.1M$64.6M$67.4M$-295.9M$-55.5M
Diluted EPS$0.99$0.57$0.60$-2.75$-0.52

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Balance sheet (as reported)

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Cash flow (as reported)

 FY2025FY2024FY2023FY2022FY2021
Operating cash flow$158.1M$212.5M$152.8M$183.0M$234.8M
Capital expenditure$1.8M$1.8M$3.8M$12.6M$13.9M
Free cash flow$156.3M$210.6M$148.9M$170.4M$220.8M

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Quarterly trend (as reported)

QuarterRevenueRevenue YoYNet incomeDiluted EPS
Q2 FY2026$96.1M12.1%$17.4M$0.15
Q1 FY2026$104.8M19.5%$22.8M$0.20
Q4 FY2025$182.6M53.3%$73.7M$0.65
Q3 FY2025$87.3M1.4%$8.8M$0.08
Q2 FY2025$85.7M-1.8%$16.7M$0.15
Q1 FY2025$87.7M5.1%$11.8M$0.10
Q4 FY2024$119.2M37.2%$36.0M$0.32
Q3 FY2024$86.1M-15.1%$19.3M$0.17

Latest 8 reported quarters, from company XBRL filings on SEC EDGAR.

Company facts

ExchangeNasdaq
SectorCommunication Services
SIC industryCable & Other Pay Television Services
Latest annual periodFY2025 (ended December 31, 2025)
Latest reported quarterQ2 FY2026 (ended June 30, 2026)
Oldest indexed filing2020
SEC CIK1803696

Selected SEC filings

10-K2026-02-26
View on EDGAR →
10-Q2026-08-05
View on EDGAR →
10-Q2026-05-06
View on EDGAR →
10-Q2025-11-06
View on EDGAR →
10-Q2025-08-07
View on EDGAR →
8-K2026-08-03
View on EDGAR →
8-K2026-07-28
View on EDGAR →
8-K2026-07-01
View on EDGAR →

Largest Communication Services peers

All Communication Services companies →

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Data sourced from SEC EDGAR. Figures are as-reported and may be unaudited or restated; verify against the source filing before relying on them. Informational only. Not investment advice.