Xperi公司2025年季度报告

(Mark One) ☒QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period endedSeptember 30,2025 OR ☐TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number:001-41486 (Exact Name of Registrant as Specified in Its Charter) Securities registered pursuant to Section 12(b) of the Act: Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during thepreceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past90 days.Yes☒No☐ Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of RegulationS-T (§ 232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files).Yes☒No☐ Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerginggrowth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and "emerging growth company" in Rule 12b-2of the Exchange Act. Accelerated filer☒Smaller reporting company☐ Large accelerated filer☐Non-accelerated filer☐Emerging growth company☒ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revisedfinancial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐ Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes☐No☒ The number of shares outstanding of the registrant’s common stock as of October 28, 2025 was46,335,385. XPERI INC.FORM 10-QFOR THE QUARTERLY PERIOD ENDED SEPTEMBER 30, 2025TABLE OF CONTENTS Note About Forward-Looking Statements PART IItem 1.Financial Statements (unaudited)Condensed Consolidated Statements of Operations for the Three and Nine Months Ended September 30,2025 and 20244Condensed Consolidated Statements of Comprehensive Loss for the Three and Nine Months EndedSeptember 30, 2025 and 20245Condensed Consolidated Balance Sheets as of September 30, 2025 and December 31, 20246Condensed Consolidated Statements of Cash Flows for the Nine Months Ended September 30, 2025 and20247Condensed Consolidated Statements of Equity for the Three and Nine Months Ended September 30,2025 and 20249Notes to Condensed Consolidated Financial Statements11Item 2.Management’s Discussion and Analysis of Financial Condition and Results of Operations32Item 3.Quantitative and Qualitative Disclosures About Market Risk41Item 4.Controls and Procedures41 PART IILegal Proceedings Item 1.42Item 1A.Risk Factors42Item 2.Unregistered Sales of Equity Securities and Use of Proceeds43Item 3.Defaults Upon Senior Securities44Item 4.Mine Safety Disclosures44Item 5.Other Information44Item 6.Exhibits45 Signatures Note About Forward-Looking Statements This quarterly report on Form 10-Q (the “Quarterly Report”) contains forward-looking statements, which are subject to the safeharbor provisions created by the Private Securities Litigation Reform Act of 1995. Words such as “expects,” “anticipates,”“plans,” “believes,” “seeks,” “estimates,” “could,” “would,” “may,” “will,” “intends,” “potentially,” “targets” and similarexpressions or variations of such words are intended to identify forward-looking statements, but are not the exclusive means ofidentifying forward-looking statements in this Quarterly Report. The identification of certain statements as “forward-looking” isnot intended to mean that other statements not specifically identified are not forward-looking. All statements other than statementsabout historical facts are statements that could be deemed forward-looking statements, including, but not limited to, statements thatrelate to our future revenue, product development, demand, acceptance and market share, growth rate, competitiveness, grossmargins, costs of research, development and other related costs, expenditures, tax expenses, cash flows, our management’s plansand objectives for our current and future operations, the levels of customer spending or research and development activities,disaggregation of revenue, general economic conditions, risks related to new, increased, reciprocal or retaliatory tariffs, interestrate risks, the impact of any acquisitions or divestitures on our financial condition and results of operations, our repurchaseprogram, promissory note and notes receivable, the expected net proceeds, and use thereof, from our Perceive asset saletransaction, impacts of tax reform, capital expenditure plans, the sufficiency of financial resources to suppo