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Adeia Inc. logo

Adeia Inc.

ADEA

NASDAQTechnologySoftware - Application

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Previous close

$26.25

−$0.71 · -2.63%

Aug 21, 4:00 PM ET

ADEA company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Buy

Favorable setup — positive multi-factor alignment

Valuation

87

Deep Value

Momentum

52

Neutral

Sentiment

63

Bullish

Risk resilience

54

Elevated Risk

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Company profile

Company website

Adeia Inc. is an international enterprise focused on intellectual property licensing within the consumer and entertainment sectors. Operating globally, the company licenses its proprietary innovations, marketed under the Adeia brand, to various entities across the entertainment landscape. Its extensive patent portfolio is adopted by a wide range of partners, including: Multichannel video programming distributors (MVPDs): This encompasses traditional cable, satellite, and telecommunications television providers that distribute linear content over networks, as well as those delivering aggregated and streamed linear content via broadband. Over-the-top (OTT) and new media companies: Such as subscription video-on-demand (SVOD) services, social networking platforms, and other emerging digital media providers. Consumer electronics manufacturers: For devices like smart televisions, streaming media players, video game consoles, mobile devices, digital video recorders (DVRs), and other internet-connected media equipment. Semiconductor companies: Covering components like sensors, radio frequency (RF) elements, memory, and logic devices. Adeia Inc. was established in 2019 and is headquartered in San Jose, California.

Industry
Software - Application
Sector
Technology
Headquarters
US
CEO
Paul E. Davis
Listed since
Nov 13, 2003
Employees
150

Market position

Day range

Current $26.25

52-week range

Current $26.25

Open
$27.035
Previous close
$26.96
Volume
553.8K
0.31× average
Average volume
1.79M
Average daily volume
Market cap
2.9B USD
Beta
0.97
Market reference 1
50-day average
$28.7016
-8.54% below average
200-day average
$23.5718
+11.36% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
2.24B USD
P/E (TTM)
23.22×
P/B (TTM)
6.06×
P/S (TTM)
6.15×
EV / EBITDA
9.33×
Earnings yield
5.90%
Free cash flow yield
7.93%
Dividend yield
0.76%

Profitability & efficiency

Gross margin
75.36%
Operating margin
45.68%
Net margin
26.05%
Return on equity
23.11%
Return on assets
10.69%
Return on invested capital
16.80%

Financial health

Debt / equity
0.83×
Current ratio
3.81×
Altman Z-score
4.76
Piotroski F-score
7 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends103%41%-21%-83%Gross margin, FY2021: 59.67%Gross margin, FY2022: 73.98%Gross margin, FY2023: 75.49%Gross margin, FY2024: 80.65%Gross margin, FY2025: 87.23%Operating margin, FY2021: 2.90%Operating margin, FY2022: 36.83%Operating margin, FY2023: 37.44%Operating margin, FY2024: 37.83%Operating margin, FY2025: 47.15%Net margin, FY2021: -6.32%Net margin, FY2022: -67.41%Net margin, FY2023: 17.33%Net margin, FY2024: 17.19%Net margin, FY2025: 25.05%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 59.67%. Gross margin FY2022 73.98%. Gross margin FY2023 75.49%. Gross margin FY2024 80.65%. Gross margin FY2025 87.23%. Operating margin FY2021 2.90%. Operating margin FY2022 36.83%. Operating margin FY2023 37.44%. Operating margin FY2024 37.83%. Operating margin FY2025 47.15%. Net margin FY2021 -6.32%. Net margin FY2022 -67.41%. Net margin FY2023 17.33%. Net margin FY2024 17.19%. Net margin FY2025 25.05%.

Income trends

Revenue

443.39M USD+17.91%

Operating income

209.07M USD+46.96%

Net income

111.08M USD+71.88%
Income trends across reported periods995.05M USD525.62M USD56.19M USD−413.24M USDRevenue, FY2021: 877.7M USDRevenue, FY2022: 438.93M USDRevenue, FY2023: 388.79M USDRevenue, FY2024: 376.02M USDRevenue, FY2025: 443.39M USDOperating income, FY2021: 25.45M USDOperating income, FY2022: 161.65M USDOperating income, FY2023: 145.56M USDOperating income, FY2024: 142.26M USDOperating income, FY2025: 209.07M USDNet income, FY2021: −55.46M USDNet income, FY2022: −295.88M USDNet income, FY2023: 67.37M USDNet income, FY2024: 64.62M USDNet income, FY2025: 111.08M USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 877.7M USD. Revenue FY2022 438.93M USD. Revenue FY2023 388.79M USD. Revenue FY2024 376.02M USD. Revenue FY2025 443.39M USD. Operating income FY2021 25.45M USD. Operating income FY2022 161.65M USD. Operating income FY2023 145.56M USD. Operating income FY2024 142.26M USD. Operating income FY2025 209.07M USD. Net income FY2021 −55.46M USD. Net income FY2022 −295.88M USD. Net income FY2023 67.37M USD. Net income FY2024 64.62M USD. Net income FY2025 111.08M USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue443.39M USD376.02M USD388.79M USD438.93M USD877.7M USD
Cost of goods sold56.62M USD72.78M USD95.27M USD114.22M USD353.96M USD
Gross profit386.77M USD303.25M USD293.51M USD324.71M USD523.74M USD
Research and development67.52M USD59.6M USD54.26M USD44.58M USD232.2M USD
Selling, general, and administrative110.18M USD101.39M USD93.69M USD118.49M USD266.08M USD
Operating expenses177.7M USD160.98M USD147.95M USD163.07M USD498.28M USD
Interest expense40.36M USD52.54M USD62.57M USD45.34M USD38.97M USD
Depreciation and amortization58.58M USD72.78M USD95.27M USD114.22M USD227.2M USD
Operating income209.07M USD142.26M USD145.56M USD161.65M USD25.45M USD
Net income111.08M USD64.62M USD67.37M USD−295.88M USD−55.46M USD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
73%
8 beats, 2 misses, 1 met estimate
Average EPS surprise
+6.22%
11 comparable reports
Latest EPS result
0.34
Estimate 0.31 · Beat by 10.39%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates0.910.670.440.2Q1 '25BeatQ2 '25MetQ3 '25BeatQ4 '25MissQ1 '26BeatQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Feb 18, 2025: actual 0.47, estimate 0.42, surprise +11.90%, Beat. Q2 2025, reported May 5, 2025: actual 0.26, estimate 0.26, surprise 0.00%, Met estimate. Q3 2025, reported Aug 5, 2025: actual 0.25, estimate 0.24, surprise +4.17%, Beat. Q4 2025, reported Nov 3, 2025: actual 0.28, estimate 0.36, surprise -22.22%, Miss. Q1 2026, reported Feb 23, 2026: actual 0.86, estimate 0.651, surprise +32.10%, Beat. Q2 2026, reported May 4, 2026: actual 0.38, estimate 0.328, surprise +15.75%, Beat. Q3 2026, reported Aug 3, 2026: actual 0.34, estimate 0.308, surprise +10.39%, Beat. Q4 2026, reported Nov 2, 2026: actual —, estimate 0.33, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates190.35M152.89M115.44M77.99MQ1 '25BeatQ2 '25MissQ3 '25MissQ4 '25MissQ1 '26BeatQ2 '26BeatQ3 '26MissQ4 '26Estimate
Q1 2025, reported Feb 18, 2025: actual 119.17M USD, estimate 93.85M USD, surprise +26.98%, Beat. Q2 2025, reported May 5, 2025: actual 87.67M USD, estimate 108.51M USD, surprise -19.21%, Miss. Q3 2025, reported Aug 5, 2025: actual 85.74M USD, estimate 100.88M USD, surprise -15.01%, Miss. Q4 2025, reported Nov 3, 2025: actual 87.34M USD, estimate 168.45M USD, surprise -48.15%, Miss. Q1 2026, reported Feb 23, 2026: actual 182.6M USD, estimate 168.45M USD, surprise +8.40%, Beat. Q2 2026, reported May 4, 2026: actual 104.77M USD, estimate 99.72M USD, surprise +5.06%, Beat. Q3 2026, reported Aug 3, 2026: actual 96.12M USD, estimate 96.79M USD, surprise -0.69%, Miss. Q4 2026, reported Nov 2, 2026: actual —, estimate 98.87M USD, surprise —, Comparison unavailable.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Analyst price target

Average target

$39.33

49.83% upside
Past 12 months12-month forecastHigh $43.00Average $39.33Low $35.00

ADEA peers

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ETFs holding ADEA

Funds reporting this stock among their holdings, ordered by reported position size.

iShares Core S&P Small-Cap ETF logoiShares Core S&P Small-Cap ETFIJR
Market value
199.02M
Weight
0.18%
AUM
111.19B USD
Expense ratio
0.06%
Price / 1D
$147.31+0.64%
Vanguard Morningstar Total Stock Market ETF logoVanguard Morningstar Total Stock Market ETFVTI
Market value
88.88M
Weight
0.00%
AUM
2.3T USD
Expense ratio
0.03%
Price / 1D
$378.24+0.44%
iShares Russell 2000 ETF logoiShares Russell 2000 ETFIWM
Market value
77.03M
Weight
0.10%
AUM
81.62B USD
Expense ratio
0.19%
Price / 1D
$299.96+0.77%
Vanguard Information Technology ETF logoVanguard Information Technology ETFVGT
Market value
72.85M
Weight
0.05%
AUM
160.2B USD
Expense ratio
0.09%
Price / 1D
$118.42+0.05%
Vanguard Morningstar Small-Cap ETF logoVanguard Morningstar Small-Cap ETFVB
Market value
64.18M
Weight
0.03%
AUM
183.4B USD
Expense ratio
0.03%
Price / 1D
$304.76+0.64%
Vanguard Morningstar Small-Cap Value ETF logoVanguard Morningstar Small-Cap Value ETFVBR
Market value
40.77M
Weight
0.06%
AUM
68.3B USD
Expense ratio
0.05%
Price / 1D
$249.18+0.68%
Vanguard Extended Market ETF logoVanguard Extended Market ETFVXF
Market value
33.82M
Weight
0.04%
AUM
93.7B USD
Expense ratio
0.05%
Price / 1D
$245.53+0.82%
iShares S&P Small-Cap 600 Growth ETF logoiShares S&P Small-Cap 600 Growth ETFIJT
Market value
30.31M
Weight
0.36%
AUM
8.22B USD
Expense ratio
0.18%
Price / 1D
$173.9+0.61%

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