“We are beginning to see the inflection in our monetization strategy,” Jon Kirchner, CEO of Xperi Inc., shared as the parent of TiVo, DTS AutoStage and HD Radio released its first quarter 2026 results on May 6.
The big takeaway: Media Platform revenue grew 45% year-over-year.
“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 monetization,” Kirchner said in prepared comments ahead of an afternoon earnings call with analysts and interested shareholders. “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.”
A closer look at the fiscal report card reflects flat revenue, coming in at $114.2 million in Q1 2026. This compares to $114 million in Q1 2025 and easily surpassed the consensus estimate of $107.89 million based on the forecasts of 5 analysts polled by Yahoo! Finance.
That said, operating income of $2.2 million was seen, swinging from $16.4 million operating loss a year earlier. It aided in the reduction of Xperi’s net loss to $7.8 million (-$0.17 per share) from $18.4 million (-$0.41).
On a non-GAAP basis, net income improved to $11 million ($0.23 per diluted share), rising from $7.4 million ($0.16). That beat the $0.15 EPS estimate of 4 analysts polled by Yahoo! Finance.
Among the key achievements seen by Xperi’s TiVo One in the quarter:
- TiVo One Monthly Active Users more than doubled year-over-year to 5.5 million.
- Completed integrations with U.S. 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.
Of course, the Connected Car is a big area of interest, especially coming out of another successful 2026 NAB Show for DTS AutoStage and HD Radio. In Q1, the AutoStage footprint expanded by over 45% year-over-year, reaching over 16 million vehicles across 13 automotive brands. The quarter also saw, as previously reported, the launch of the AutoStage Broadcast Portal, a subscription service that Xperi believes “delivers unprecedented visibility and insights into audience behavior and listening metrics across 300 U.S. radio markets.”
Meanwhile, Xperi signed multi-year HD Radio renewal agreements with two major Asian Tier 1 suppliers and launched HD Radio in new models, including those from Audi, Honda, Mercedes, and Toyota.
