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Adeia Inc 2025年季度报告

2025-11-06美股财报α
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Adeia Inc 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:001-39304 ADEIA INC. (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 of1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject tosuch filing requirements for the past 90 days.Yes☒No☐ Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule405 of Regulation S-T (§ 232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required tosubmit 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 emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company” and “emerginggrowth company” in Rule 12b-2 of the Exchange Act. Large accelerated filer☒Non-accelerated filer☐Emerging growth company☐ Accelerated filer☐Smaller reporting company☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying withany new or revised financial 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 23, 2025was109,510,191 ADEIA INC.FORM 10-QFOR THE QUARTERLY PERIOD ENDED SEPTEMBER 30, 2025TABLE OF CONTENTS PART I Item 1.Financial Statements (unaudited)3Condensed Consolidated Statements of Income – Three and Nine Months Ended September 30, 2025 and20243Condensed Consolidated Statements of Comprehensive Income –Three and Nine Months EndedSeptember 30, 2025 and 20244Condensed Consolidated Balance Sheets – September 30, 2025 and December 31, 20245Condensed Consolidated Statements of Cash Flows – Nine Months Ended September 30, 2025 and 20246Condensed Consolidated Statements of Equity –Three and Nine Months Ended September 30, 2025 and20247Notes to Condensed Consolidated Financial Statements9Item 2.Management’s Discussion and Analysis of Financial Condition and Results of Operations28Item 3.Quantitative and Qualitative Disclosures About Market Risk36Item 4.Controls and Procedures36 PART IILegal Proceedings Item 1.37Item 1A.Risk Factors40Item 2.Unregistered Sales of Equity Securities and Use of Proceeds40Item 3.Defaults Upon Senior Securities40Item 4.Mine Safety Disclosures40Item 5.Other Information40Item 6.Exhibits41 Signatures PART I – FINANCIAL INFORMATION ADEIA INC.CONDENSED CONSOLIDATED STATEMENTS OF INCOME(in thousands, except per share amounts)(unaudited) ADEIA INC.CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME(in thousands)(unaudited) The accompanying notes are an integral part of these unaudited condensed consolidated financial statements. ADEIA INC.CONDENSED CONSOLIDATED BALANCE SHEETS(in thousands, except for par value)(unaudited) ADEIA INC.CONDENSED CONSOLIDATED STATEMENTS OF CASHFLOWS(in thousands)(unaudited) ADEIA INC.NOTES TOCONDENSED CONSOLIDATED FINANCIAL STATEMENTS(unaudited) NOTE 1 – THE COMPANY AND BASIS OF PRESENTATION Adeia Inc. (the “Company”), a Delaware corporation, is one of the industry’s largest intellectual property (“IP”) licensingplatforms, with a diverse portfolio of media and semiconductor IP consisting of more than13,000patents and patent applicationsworldwide. The accompanying interim unaudited Condensed Consolidated Financial Statements have been prepared by the Company inaccordance with generally accepted accounting principles (“GAAP”) in the United States (“U.S.”) and the applicable rules andregulations of the Securities and Exchange Commission (“SEC”) for interim financial information. The amounts as of December31, 2024 have been derived from the Company’s annual audited Consolidated Financial Statements included in its Annual Reporton Form 10-K for the year ended December 31, 2024, filed on February 19, 2025 (the “Form 10-K”). These CondensedConsolidated Financial Statements should be read in conjunction with the annual audited Consolidated Financial Statements andnotes thereto included in the Form 10-K as of and for the year ended December 31, 2024. The Company’s consolidated financial statements include the accounts of Adeia Inc. and its wholly-owned subsidiaries. Allintercompany balanc