UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2023 OR XPERI INC. (Exact Name of Registrant as Specified in Its Charter) (State or Other Jurisdiction of Incorporation or Organization) 2190 Gold Street, San Jose, California 95002 (Address of Principal Executive Offices) (Zip Code) Delaware 83-4470363 (I.R.S. Employer Identification No.) ...

Financial Data and Key Metrics Changes - Total revenue for Q1 2023 was $127 million, an increase of 7% from the prior year, primarily driven by consumer electronics and media platform growth, partially offset by a 6% decline in Pay-TV [32][34] - Non-GAAP gross margin improved to 79%, an increase of over 110 basis points, driven by a revenue mix shift towards consumer electronics [34] - Adjusted EBITDA was $7 million, a 70% increase from the prior year, yielding a 5% adjusted EBITDA margin [35] Business Line Data and Key Metrics Changes - Consumer electronics revenue increased by 31%, driven by growth in home audio and video solutions and strong shipments of game consoles [33] - Media platform revenue rose by 34%, attributed to growth in monetization and contributions from the viewed acquisition [34] - Connected Car revenue increased by 4%, primarily due to growth in AutoSense and AutoStage products [34] Market Data and Key Metrics Changes - The Connected TV Advertising market is expected to more than double to $28 billion by 2026, indicating significant growth potential for the company [18] - The in-vehicle infotainment and monitoring market is projected to double, becoming a $40 billion market by 2027 [24] Company Strategy and Development Direction - The company focuses on driving revenue growth in key areas such as Connected TV Advertising, IPTV, In-Vehicle Infotainment, and In-Vehicle Monitoring [11][12] - The strategy emphasizes independent media platforms that provide personalized consumer experiences, targeting rapidly expanding markets [13][14] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in achieving full-year outlook and long-term strategic objectives, highlighting significant progress in key growth areas [7][9] - The company expects operating cash flow to be positive for the remainder of the year and approximately breakeven for the fiscal year [37] Other Important Information - The company reaffirmed its full-year revenue guidance in the range of $510 million to $540 million, with an adjusted EBITDA margin expected between 6% to 10% [38] - The first shipments of TVs powered by TiVo are expected in the second half of 2023, aligning with the holiday buying season [19][57] Q&A Session Summary Question: Upfront revenues from renewals and guidance implications - Management confirmed that the upfront revenue from renewals in Q1 was planned and is part of the annual guidance [42][43] Question: Adoption of AutoSense technology in the US market - Management noted growing interest in Cabin Safety Solutions and engagement with a sizable pipeline of automakers [44] Question: Marketing strategy for TiVo OS in new TVs - Management indicated that there will be a clear marketing campaign to highlight the advantages of the new interface and technology [48][49] Question: Update on the Vestel TV launch - Management expects Vestel TVs to hit retail in late 2023, just before the holiday season [57] Question: Media Platform revenue performance and advertising pressure - Management acknowledged some softness in the advertising market but indicated that growth in monetization and contributions from acquisitions are helping mitigate the impact [59]

Q1 2023 Earnings May 9, 2023 Safe Harbor This presentation contains "forward-looking statements" within the meaning of the federal securities laws, including Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements are based on information available to Xperi Inc. (the "Company") as of the date hereof, as well as the Company's current expectations, assumptions, estimates and projections that involve risks and u ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number: 001-41486 XPERI INC. (Exact Name of Registrant as Specified in Its Charter) Delaware 83-4470363 (State or Other Jurisdiction of Incorporation or Organization) 2190 Gold Str ...

Xperi Inc. (NYSE:XPER) Q4 2022 Results Conference Call February 21, 2023 5:00 PM ET Company Participants Mike Iburg - Head of Investor Relations Jon Kirchner - Chief Executive Officer Robert Andersen - Chief Financial Officer Conference Call Participants Nick Zangler - Stephens Hamed Khorsand - BWS Financial Matthew Galinko - The Maxim Group Operator Good day, everyone. Thank you for standing by. Welcome to Xperi Fourth Quarter and Full Year 2022 Earnings Conference Call. During today’s presentation, all pa ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number: 001-41486 XPERI INC. (Exact Name of Registrant as Specified in Its Charter) (State or Other Jurisdiction of Incorporation or Organization) 2190 Gold Street, San Jo ...

Xperi Inc. (NYSE:XPER) Q3 2022 Results Conference Call November 8, 2022 5:00 PM ET Company Participants Jill Koval - Arbor Advisory Group Jon Kirchner - CEO Robert Andersen - CFO Conference Call Participants Nick Zangler - Stephens Matthew Galinko - Maxim Group Richard Shannon - Craig-Hallum Operator Good day, everyone. Thank you for standing by. Welcome to Xperi Third Quarter 2022 Earnings Conference Call. [Operator Instructions]. I would now like to turn the call over to Jill Koval for Xperi. Jill, pleas ...

Xperi Holding Corp (NYSE:XPER) Q2 2022 Earnings Conference Call August 8, 2022 5:00 PM ET Company Participants Jill Koval - Arbor Advisory Group Jon Kirchner - CEO, President & Director Paul Davis - Chief Executive Officer of Adeia Robert Andersen - CFO Conference Call Participants Matthew Galinko - Maxim Group, LLC Richard Shannon - Craig-Hallum Hamed Khorsand - BWS Financial Nicholas Zangler - Stephens Inc Operator Good day, everyone. Thank you for standing by. Welcome to Xperi Second Quarter 2022 Earning ...

XPERI Q2 2022 EARNINGS DECK August 8, 2022 Safe Harbor This document contains "forward-looking statements" within the meaning of the federal securities laws, including Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements are based on Xperi Holding Corporation's (the "Company") current expectations, estimates and projections about the Company's financial results, forecasts, business outlook, strategic prior ...

XPERI Q1 2022 EARNINGS DECK May 9, 2022 Safe Harbor This document contains "forward-looking statements" within the meaning of the federal securities laws, including Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements are based on Xperi Holding Corporation's (the "Company") current expectations, estimates and projections about the Company's financial results, forecasts, and business outlook, strategic prio ...