ADEANasdaqCable & Other Pay Television ServicesFiscal year ends December 31
Adeia Inc.
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 5, 2026
$21.05+0.63 (+3.09%)
Close on Oct 19, 2026
- Market cap
- $2.41B
- P/E (TTM)
- 19.5
- Dividend yield
- 0.95%
Margins
Share of revenue, fiscal years 2017 to 2025
Gross margin
–
Operating margin
39.5%−12.4 pts over 5 years
Net margin
25.1%−3.4 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +17.9% | +0.3% | -3.0% | – | |
| Operating income | +36.1% | +4.6% | -8.1% | – | |
| Net income | +71.9% | – | -5.4% | – | |
| EPS, diluted | +73.7% | – | -10.8% | – | |
| Free cash flow | -25.8% | -2.9% | -17.9% | – | |
| Dividend per share | 0.0% | 0.0% | -16.7% | – |
Returns and balance sheet
9 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2017 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | – | 14.6% | 25.3% | |
| Return on assets | – | 7.8% | 10.4% | |
| Current ratio | – | 2.43 | 3.81 | |
| Debt to equity | – | 0.58 | 0.87 | |
| Net debt to EBITDA | – | 1.51× | – | |
| Interest coverage | – | 7.1× | 4.3× | |
| Inventory turnover | – | 15.8× | – | |
| Capex to revenue | – | 1.4% | 0.4% | |
| Diluted shares | – | 84M | 113M |
Where the cash went
Fiscal 2021 to 2025, five years combined
Adeia generated $941.11M from operations and spent $282.90M on capital expenditure, dividends and share buybacks. 12% of that went back into the business.
Generated
$941.11M
Used
$282.90M
Capital expenditure$33.97M12%Dividends$106.74M38%Share buybacks$142.19M50%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin25.1%
×Asset turnover0.41×
×Equity multiplier2.44×
=Return on equity, FY202525.3%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | 25.1% | 0.41× | 2.44× | 25.3% |
| FY2024 | 17.2% | 0.34× | 2.93× | 17.2% |
| FY2023 | 17.3% | 0.34× | 3.52× | 20.5% |
| FY2022 | -67.4% | 0.24× | 2.23× | -35.8% |
| FY2021 | -14.2% | 0.15× | 1.84× | -4.0% |
| FY2020 | 28.4% | 0.28× | 1.87× | 14.6% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
8of 8 tests passed in fiscal 2025. Some tests lack the figures they need.
- ProfitableNet income above zero$111.08M
- Cash generatingOperating cash flow above zero$158.09M
- Return on assets improvedROA up on the prior year5.8% → 10.1%
- Earnings backed by cashOperating cash flow above net income$158.09M vs $111.08M
- Less leverageLong-term debt to assets fell41.4% → 38.2%
- Better liquidityCurrent ratio rose3.53 → 3.81
- No dilutionShare count did not rise113M → 113M
- Gross margin improvedGross margin up on the prior year– → –
- More efficientAsset turnover rose0.34 → 0.40