Adeia Inc. reported second quarter 2026 financial results with revenue of $96.1 million and GAAP diluted earnings per share of $0.15. The company raised its long-term annual revenue outlook to $600 million, driven by confidence in its semiconductor business reaching $200 million in annual revenue. Adeia signed six license agreements, including a multi-year renewal with Google for YouTube TV and an agreement with RPX adding 10 e-commerce customers. During the quarter, the company repurchased $10.0 million of common stock and paid down $6.1 million on its term loan. The Board declared a quarterly cash dividend of $0.05 per share, payable on September 14, 2026 to holders of record as of August 24, 2026. Adeia Inc. is an intellectual property licensing company that accelerates the adoption of innovative technologies in the media and semiconductor industries.

On July 22, 2026, Adeia Inc. approved amendments to the severance agreements for Chief Financial Officer Keith A. Jones, Chief Revenue Officer Dr. Mark Kokes, and Chief Legal Officer and Secretary Kevin Tanji. The changes provide for immediate acceleration of vesting for outstanding equity awards scheduled to vest within 12 months following a Qualifying Termination. For Change in Control Qualifying Terminations, the agreements specify vesting calculations for performance-based awards based on actual or target performance achievement. Adeia Inc. operates in the intellectual property licensing industry, managing and monetizing patents and technologies.

On July 1, 2026, Adeia Inc. announced that its subsidiary filed patent infringement litigation against FuboTV Inc. and its subsidiaries. Adeia is a semiconductor and intellectual property licensing company.