ADEIA CORP (ADEA) financial statements
ADEIA CORP reported revenue of $443M in fiscal 2025, up 1.3% a year over 7 years.
Net income was $111M and the operating margin 39.5%, against 5.9% in 2018.
Free cash flow was $156M, and the company returned $22M in dividends and $21M in net buybacks.
The diluted share count rose 131% over the period (dilution).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from ADEIA CORP's 10-K filings with the SEC.
| Fiscal year | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $406M | $280M | $516M | $391M | $439M | $389M | $376M | $443M |
| Cost of revenue | — | $8M | $78M | $127M | — | — | — | — |
| Gross profit | — | $272M | $438M | $264M | — | — | — | — |
| Research and development | $105M | $111M | $35M | $40M | $45M | $54M | $60M | $68M |
| Selling, general and admin | $123M | $118M | $137M | $129M | $136M | $95M | $103M | $120M |
| Operating income | $24M | -$69M | $267M | $119M | $153M | $136M | $129M | $175M |
| Interest expense | $26M | $23M | $38M | $39M | $45M | $63M | $53M | $40M |
| Pre-tax income | $7M | -$83M | $224M | $73M | $110M | $80M | $81M | $141M |
| Income tax | $9M | -$19M | -$15M | $5M | -$29M | $13M | $17M | $30M |
| Net income | -$289,000 | -$63M | $147M | -$55M | -$296M | $67M | $65M | $111M |
| EPS (diluted) | -$0.01 | -$1.27 | $1.75 | -$0.52 | -$2.75 | $0.60 | $0.57 | $0.99 |
| Diluted shares | 49M | 49M | 84M | 107M | 108M | 113M | 113M | 113M |
| Gross margin | — | 97.0% | 84.8% | 67.6% | — | — | — | — |
| Operating margin | 5.9% | -24.5% | 51.8% | 30.4% | 34.9% | 35.0% | 34.2% | 39.5% |
| Net margin | -0.1% | -22.3% | 28.4% | -14.2% | -67.4% | 17.3% | 17.2% | 25.1% |
Balance sheet
Fiscal years, from ADEIA CORP's 10-K filings with the SEC.
| Fiscal year | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $114M | $120M | $257M | $141M | $115M | $84M | $110M | $137M |
| Receivables | — | $24M | $116M | $64M | $58M | $40M | $34M | $29M |
| Inventory | — | $100,000 | $10M | $5M | — | — | — | — |
| Total current assets | — | $281M | $546M | $519M | $259M | $206M | $258M | $304M |
| Property, plant and equipment | $31M | $33M | $63M | $5M | $5M | $7M | $6M | $6M |
| Goodwill | $386M | $386M | $315M | $315M | $314M | $314M | $314M | $314M |
| Total assets | — | $1.0B | $2.7B | $2.5B | $1.2B | $1.1B | $1.1B | $1.0B |
| Total current liabilities | — | $48M | $225M | $190M | $167M | $102M | $73M | $80M |
| Long-term debt | — | $335M | $796M | $729M | $620M | $520M | $454M | $397M |
| Total liabilities | — | $503M | $1.3B | $1.1B | $909M | $749M | $701M | $559M |
| Shareholders' equity | $618M | $548M | $1.5B | $1.3B | $301M | $357M | $397M | $481M |
| Net debt | -$114M | $260M | $669M | $685M | $615M | $531M | $397M | $345M |
Cash flow
Fiscal years, from ADEIA CORP's 10-K filings with the SEC.
| Fiscal year | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $135M | $169M | $428M | $235M | $183M | $153M | $212M | $158M |
| Capital spending | $3M | $9M | $7M | $14M | $13M | $4M | $2M | $2M |
| Free cash flow | $132M | $160M | $420M | $221M | $170M | $149M | $211M | $156M |
| Stock-based compensation | $31M | $32M | $39M | $58M | $53M | $18M | $27M | $35M |
| Dividends paid | $39M | $40M | $31M | $21M | $21M | $21M | $22M | $22M |
| Share buybacks (net) | -$45M | -$5M | -$81M | -$85M | -$17M | $0 | -$19M | -$21M |
| Net borrowing | -$100M | -$150M | $490M | -$84M | -$40M | -$148M | -$114M | -$60M |
| Free cash flow margin | 32.5% | 57.3% | 81.5% | 56.4% | 38.8% | 38.3% | 56.0% | 35.2% |
| Dividends per share | $0.80 | $0.80 | $0.37 | $0.20 | $0.19 | $0.19 | $0.19 | $0.19 |
Questions
What was ADEIA CORP's revenue in 2025?
$443M in fiscal 2025, from its 10-K filing.
How much free cash flow does ADEIA CORP generate?
$156M in fiscal 2025 (operating cash flow minus capital spending).
From ADEIA CORP's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.