XPER (XPER) financial statements
XPER reported revenue of $448M in fiscal 2025, up 3.6% a year over 5 years.
Net income was -$56M and the operating margin -9.8%, against -40.6% in 2020.
Free cash flow was -$21M.
The diluted share count rose 9% over the period (dilution).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from XPER's 10-K filings with the SEC.
| Fiscal year | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Revenue | $376M | $486M | $502M | $521M | $494M | $448M |
| Cost of revenue | $78M | $126M | $123M | $119M | $114M | $127M |
| Gross profit | $298M | $361M | $379M | $403M | $380M | $321M |
| Research and development | $163M | $195M | $216M | $223M | $191M | $135M |
| Selling, general and admin | $173M | $200M | $217M | $233M | $218M | $182M |
| Operating income | -$153M | -$162M | -$749M | -$130M | -$87M | -$44M |
| Interest expense | — | — | $2M | $3M | $3M | $3M |
| Pre-tax income | -$151M | -$160M | -$748M | -$130M | $12M | -$41M |
| Income tax | -$10M | $19M | $14M | $10M | $12M | $16M |
| Net income | -$138M | -$176M | -$757M | -$137M | -$14M | -$56M |
| EPS (diluted) | -$3.29 | -$4.18 | -$18.02 | -$3.18 | -$0.31 | -$1.23 |
| Diluted shares | 42M | 42M | 42M | 43M | 45M | 46M |
| Gross margin | 79.3% | 74.2% | 75.5% | 77.2% | 77.0% | 71.7% |
| Operating margin | -40.6% | -33.3% | -149.2% | -24.9% | -17.6% | -9.8% |
| Net margin | -36.8% | -36.1% | -150.8% | -26.2% | -2.8% | -12.6% |
Balance sheet
Fiscal years, from XPER's 10-K filings with the SEC.
| Fiscal year | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Cash and short-term investments | $86M | $121M | $160M | $142M | $131M | $97M |
| Receivables | — | $79M | $65M | $56M | $59M | $57M |
| Inventory | — | $5M | $7M | — | — | — |
| Total current assets | — | $277M | $332M | $317M | $305M | $267M |
| Property, plant and equipment | — | $57M | $48M | $42M | $44M | $52M |
| Goodwill | $532M | $537M | $0 | — | — | $0 |
| Total assets | — | $1.2B | $737M | $674M | $668M | $616M |
| Total current liabilities | — | $120M | $150M | $165M | $185M | $111M |
| Long-term debt | — | — | $50M | $50M | $0 | $40M |
| Total liabilities | — | $213M | $288M | $286M | $239M | $202M |
| Shareholders' equity | $1.1B | $1.0B | $463M | $404M | $429M | $414M |
| Net debt | -$86M | -$121M | -$110M | -$92M | -$131M | -$57M |
Cash flow
Fiscal years, from XPER's 10-K filings with the SEC.
| Fiscal year | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Operating cash flow | -$24M | -$23M | -$28M | $62,000 | -$55M | -$515,000 |
| Capital spending | $7M | $9M | $14M | $13M | $17M | $21M |
| Free cash flow | -$30M | -$32M | -$43M | -$13M | -$72M | -$21M |
| Stock-based compensation | $19M | $34M | $45M | $70M | $61M | $41M |
| Share buybacks (net) | — | — | — | $0 | -$20M | $0 |
| Net borrowing | — | — | — | $0 | $0 | $40M |
| Free cash flow margin | -8.1% | -6.6% | -8.5% | -2.4% | -14.6% | -4.8% |
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Open XPER in InvestinglyQuestions
What was XPER's revenue in 2025?
$448M in fiscal 2025, from its 10-K filing.
How much free cash flow does XPER generate?
-$21M in fiscal 2025 (operating cash flow minus capital spending).
From XPER's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.