Adeia Inc Financials
This page shows Adeia Inc (ADEA) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 8 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
A low-capex cash model is converting modest sales into rising earnings while deleveraging widens the bottom line.
Between FY2023 and FY2025, debt-to-equity nearly halved while net margin climbed to25.1% , showing that better profitability came with a lighter financing load rather than being boosted by leverage. FY2025 still turned$111.1M of net income into$158.1M of operating cash flow with very little capital spending, which points to high cash conversion rather than a reinvestment-hungry operating model.
The balance sheet is becoming less creditor-dependent: the current ratio reached 3.8x in FY2025 versus 2.0x in FY2023, so near-term obligations appear small relative to liquid resources. That matters because cash itself was only
FY2025 revenue reached
Financial Health Signals
Scored against operating companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of Adeia Inc's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Adeia Inc has an operating margin of 39.5%, meaning the company retains $39 of operating profit per $100 of revenue. This strong profitability earns a score of 96/100, reflecting efficient cost management and pricing power. This is up from 34.2% the prior year.
Adeia Inc's revenue surged 17.9% year-over-year to $443.4M, reflecting rapid business expansion. This strong growth earns a score of 57/100.
Adeia Inc has a moderate D/E ratio of 0.83. This balance of debt and equity financing earns a leverage score of 39/100.
With a current ratio of 3.81, Adeia Inc holds $3.81 in current assets for every $1 of short-term obligations. This comfortable liquidity earns a score of 85/100.
Adeia Inc converts 35.3% of revenue into free cash flow ($156.3M). This strong cash generation earns a score of 98/100.
Adeia Inc earns a strong 23.1% return on equity (ROE), meaning it generates $23 of profit for every $100 of shareholders' equity. This efficient capital use earns a returns score of 78/100. This is up from 16.3% the prior year.
Adeia Inc scores 4.86, well above the 2.99 safe threshold. The score is driven primarily by a large market capitalization ($3.3B) relative to total liabilities ($558.8M). This indicates low bankruptcy risk based on profitability, leverage, and asset efficiency.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
Adeia Inc passes 7 of 8 computable financial strength tests (1 of the nine could not be computed from available data). All 4 profitability signals pass (positive income, cash flow, and earnings quality), 2 of 3 leverage/liquidity signals pass, both operating efficiency signals pass.
For every $1 of reported earnings, Adeia Inc generates $1.42 in operating cash flow ($158.1M OCF vs $111.1M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
Adeia Inc earns $4.3 in operating income for every $1 of interest expense ($175.0M vs $40.4M). This adequate coverage means the company can meet its interest obligations, but has limited cushion if earnings fall.
Key Financial Metrics
Earnings & Revenue
Adeia Inc generated $443.4M in revenue in fiscal year 2025. This represents an increase of 17.9% from the prior year.
Adeia Inc's EBITDA was $233.6M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 16.0% from the prior year.
Adeia Inc reported $111.1M in net income in fiscal year 2025. This represents an increase of 71.9% from the prior year.
Adeia Inc earned $0.99 per diluted share (EPS) in fiscal year 2025. This represents an increase of 73.7% from the prior year.
Cash & Balance Sheet
Adeia Inc generated $156.3M in free cash flow in fiscal year 2025, representing cash available after capex. This represents a decrease of 25.8% from the prior year.
Adeia Inc held $73.1M in cash against $397.5M in long-term debt as of fiscal year 2025.
Adeia Inc paid $0.20 per share in dividends in fiscal year 2025. This represents an increase of 0.0% from the prior year.
Adeia Inc had 109M shares outstanding in fiscal year 2025. This represents an increase of 1.4% from the prior year.
Margins & Returns
Adeia Inc's operating margin was 39.5% in fiscal year 2025, reflecting core business profitability. This is up 5.3 percentage points from the prior year.
Adeia Inc's net profit margin was 25.1% in fiscal year 2025, showing the share of revenue converted to profit. This is up 7.9 percentage points from the prior year.
Adeia Inc's ROE was 23.1% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is up 6.8 percentage points from the prior year.
Capital Allocation
Adeia Inc invested $67.5M in research and development in fiscal year 2025. This represents an increase of 13.3% from the prior year.
Adeia Inc spent $21.3M on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding. This represents an increase of 14.1% from the prior year.
Adeia Inc invested $1.8M in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents a decrease of 0.8% from the prior year.
ADEA Income Statement
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $104.8M-42.6% | $182.6M+109.1% | $87.3M+1.9% | $85.7M-2.2% | $87.7M-26.4% | $119.2M+38.4% | $86.1M-1.4% | $87.3M |
| Cost of Revenue | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Gross Profit | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| R&D Expenses | $18.2M-5.0% | $19.2M+19.4% | $16.0M+1.2% | $15.9M-3.7% | $16.5M+2.6% | $16.0M+8.3% | $14.8M+0.2% | $14.8M |
| SG&A Expenses | $29.8M-12.4% | $34.1M+36.6% | $24.9M-22.4% | $32.1M+13.0% | $28.4M+1.9% | $27.9M+3.7% | $26.9M+9.3% | $24.6M |
| Operating Income | $34.8M-68.0% | $108.8M+302.7% | $27.0M+64.6% | $16.4M-28.2% | $22.8M-60.3% | $57.5M+104.4% | $28.1M+18.9% | $23.6M |
| Interest Expense | $8.5M-9.5% | $9.4M-6.1% | $10.1M-1.6% | $10.2M-4.1% | $10.6M-13.5% | $12.3M-3.5% | $12.8M-4.0% | $13.3M |
| Income Tax | $5.2M-80.9% | $27.3M+183.9% | $9.6M+205.5% | -$9.1M-536.6% | $2.1M-80.1% | $10.5M+514.9% | -$2.5M-185.7% | $2.9M |
| Net Income | $22.8M-69.1% | $73.7M+735.0% | $8.8M-47.2% | $16.7M+41.5% | $11.8M-67.2% | $36.0M+86.5% | $19.3M+130.4% | $8.4M |
| EPS (Diluted) | $0.20 | N/A | $0.08-46.7% | $0.15+50.0% | $0.10 | N/A | $0.17+142.9% | $0.07 |
ADEA Balance Sheet
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $1.0B-3.6% | $1.0B-2.7% | $1.1B-1.3% | $1.1B-0.4% | $1.1B-1.0% | $1.1B+1.4% | $1.1B+1.4% | $1.1B |
| Current Assets | $281.3M-7.4% | $304.0M+8.3% | $280.6M+5.0% | $267.3M+1.5% | $263.3M+1.9% | $258.4M+5.6% | $244.7M+11.5% | $219.4M |
| Cash & Equivalents | $53.3M-27.1% | $73.1M+30.4% | $56.1M-33.4% | $84.2M+0.1% | $84.2M+6.8% | $78.8M+29.9% | $60.7M-8.7% | $66.5M |
| Inventory | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Accounts Receivable | $32.6M+13.8% | $28.6M-5.0% | $30.1M+5.3% | $28.6M+0.6% | $28.5M-16.7% | $34.1M-22.3% | $43.9M+70.8% | $25.7M |
| Goodwill | $313.7M0.0% | $313.7M0.0% | $313.7M0.0% | $313.7M0.0% | $313.7M0.0% | $313.7M0.0% | $313.7M0.0% | $313.7M |
| Total Liabilities | $535.8M-4.1% | $558.8M-14.7% | $654.9M-3.7% | $680.0M-2.5% | $697.6M-0.5% | $701.4M-0.5% | $705.0M-0.6% | $709.5M |
| Current Liabilities | $81.7M+2.4% | $79.8M+5.9% | $75.3M-12.9% | $86.5M-3.5% | $89.7M+22.7% | $73.1M+2.2% | $71.5M-2.4% | $73.2M |
| Long-Term Debt | $370.3M-6.8% | $397.5M-4.8% | $417.7M-2.4% | $427.9M-2.3% | $438.2M-3.6% | $454.4M-9.1% | $499.7M-2.2% | $510.9M |
| Total Equity | $466.6M-2.9% | $480.5M+16.2% | $413.7M+2.7% | $402.9M+3.5% | $389.5M-1.8% | $396.6M+4.9% | $378.2M+5.3% | $359.1M |
| Retained Earnings | $109.4M+18.7% | $92.1M+286.0% | $23.9M+16.4% | $20.5M+122.3% | $9.2M+225.5% | $2.8M+110.2% | -$27.7M+41.1% | -$47.0M |
ADEA Cash Flow Statement
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $58.5M-2.5% | $60.0M+236.5% | $17.8M-22.9% | $23.1M-59.5% | $57.1M-46.8% | $107.5M+650.9% | $14.3M-39.0% | $23.5M |
| Capital Expenditures | $434K-26.4% | $590K-25.9% | $796K+314.6% | $192K-15.8% | $228K-58.3% | $547K+811.7% | $60K-85.7% | $421K |
| Free Cash Flow | $58.1M-2.3% | $59.4M+248.7% | $17.0M-25.7% | $22.9M-59.7% | $56.9M-46.8% | $106.9M+650.2% | $14.3M-38.1% | $23.0M |
| Investing Cash Flow | -$4.9M+16.9% | -$5.9M+79.1% | -$28.2M-217153.8% | $13K+100.2% | -$6.2M+60.5% | -$15.6M-10114.4% | -$153K-105.6% | $2.7M |
| Financing Cash Flow | -$73.4M-98.0% | -$37.1M-108.6% | -$17.8M+23.0% | -$23.1M+49.4% | -$45.6M+38.1% | -$73.7M-270.1% | -$19.9M-12.0% | -$17.8M |
| Dividends Paid | $5.5M+1.7% | $5.4M-0.5% | $5.5M+0.7% | $5.4M+0.2% | $5.4M-0.8% | $5.5M+0.3% | $5.5M+0.3% | $5.4M |
| Share Buybacks | $10.0M0.0% | $10.0M | $0 | $0-100.0% | $11.3M-39.5% | $18.7M | $0 | $0 |
ADEA Financial Ratios
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Operating Margin | 33.3%-26.3pp | 59.5%+28.6pp | 30.9%+11.8pp | 19.1%-6.9pp | 26.1%-22.2pp | 48.2%+15.6pp | 32.7%+5.6pp | 27.1% |
| Net Margin | 21.7%-18.6pp | 40.4%+30.3pp | 10.1%-9.4pp | 19.5%+6.0pp | 13.5%-16.8pp | 30.2%+7.8pp | 22.4%+12.8pp | 9.6% |
| Return on Equity | 4.9%-10.5pp | 15.3%+13.2pp | 2.1%-2.0pp | 4.2%+1.1pp | 3.0%-6.1pp | 9.1%+4.0pp | 5.1%+2.8pp | 2.3% |
| Return on Assets | 2.3%-4.8pp | 7.1%+6.3pp | 0.8%-0.7pp | 1.5%+0.5pp | 1.1%-2.2pp | 3.3%+1.5pp | 1.8%+1.0pp | 0.8% |
| Current Ratio | 3.44-0.4 | 3.81+0.1 | 3.72+0.6 | 3.09+0.2 | 2.94-0.6 | 3.53+0.1 | 3.42+0.4 | 3.00 |
| Debt-to-Equity | 0.79-0.0 | 0.83-0.2 | 1.01-0.1 | 1.06-0.1 | 1.13-0.0 | 1.15-0.2 | 1.32-0.1 | 1.42 |
| FCF Margin | 55.4%+22.9pp | 32.5%+13.0pp | 19.5%-7.2pp | 26.7%-38.2pp | 64.9%-24.8pp | 89.7%+73.2pp | 16.6%-9.8pp | 26.4% |
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Frequently Asked Questions
What is Adeia Inc's annual revenue?
Adeia Inc (ADEA) reported $443.4M in total revenue for fiscal year 2025. This represents a 17.9% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Adeia Inc's revenue growing?
Adeia Inc (ADEA) revenue grew by 17.9% year-over-year, from $376.0M to $443.4M in fiscal year 2025.
Is Adeia Inc profitable?
Yes, Adeia Inc (ADEA) reported a net income of $111.1M in fiscal year 2025, with a net profit margin of 25.1%.
What is Adeia Inc's EBITDA?
Adeia Inc (ADEA) had EBITDA of $233.6M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does Adeia Inc have?
As of fiscal year 2025, Adeia Inc (ADEA) had $73.1M in cash and equivalents against $397.5M in long-term debt.
What is Adeia Inc's operating margin?
Adeia Inc (ADEA) had an operating margin of 39.5% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is Adeia Inc's net profit margin?
Adeia Inc (ADEA) had a net profit margin of 25.1% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
Does Adeia Inc pay dividends?
Yes, Adeia Inc (ADEA) paid $0.20 per share in dividends during fiscal year 2025.
What is Adeia Inc's return on equity (ROE)?
Adeia Inc (ADEA) has a return on equity of 23.1% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Adeia Inc's free cash flow?
Adeia Inc (ADEA) generated $156.3M in free cash flow during fiscal year 2025. This represents a -25.8% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Adeia Inc's operating cash flow?
Adeia Inc (ADEA) generated $158.1M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Adeia Inc's total assets?
Adeia Inc (ADEA) had $1.0B in total assets as of fiscal year 2025, including both current and long-term assets.
What are Adeia Inc's capital expenditures?
Adeia Inc (ADEA) invested $1.8M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
How much does Adeia Inc spend on research and development?
Adeia Inc (ADEA) invested $67.5M in research and development during fiscal year 2025.
What is Adeia Inc's current ratio?
Adeia Inc (ADEA) had a current ratio of 3.81 as of fiscal year 2025, which is generally considered healthy.
What is Adeia Inc's debt-to-equity ratio?
Adeia Inc (ADEA) had a debt-to-equity ratio of 0.83 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Adeia Inc's return on assets (ROA)?
Adeia Inc (ADEA) had a return on assets of 10.7% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Adeia Inc's Altman Z-Score?
Adeia Inc (ADEA) has an Altman Z-Score of 4.86, placing it in the Safe Zone (low bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Adeia Inc's Piotroski F-Score?
Adeia Inc (ADEA) has a Piotroski F-Score of 7 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Adeia Inc's earnings high quality?
Adeia Inc (ADEA) has an earnings quality ratio of 1.42x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can Adeia Inc cover its interest payments?
Adeia Inc (ADEA) has an interest coverage ratio of 4.3x, meaning it can adequately cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is Adeia Inc?
Adeia Inc (ADEA) scores 76 out of 100 on our Financial Health Score, indicating strong standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.