Adeia Inc. logo ADEA - Adeia Inc.

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY
0
BUY 5
HOLD 0
SELL 0
STRONG
SELL
0
| PRICE TARGET: $34.50 DETAILS
HIGH: $43.00
LOW: $20.00
MEDIAN: $37.50
CONSENSUS: $34.50
UPSIDE: 28.44%
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000
Revenue
Revenue 443.4 376.0 388.8 438.9 877.7 892.0 280.1 406.1 373.7 259.6 273.3 278.8 168.8 209.8 254.6 301.4 299.4 248.3 195.7 208.7 94.7 72.7 37.3 28.3 27.0 11.5
Cost of Revenue 56.6 72.8 95.3 114.2 354.0 253.1 115.1 121.7 125.4 34.7 22.8 21.8 41.7 48.1 37.2 34.9 27.8 26.1 23.0 19.4 13.3 9.6 6.7 4.3 5.3 7.0
Gross Profit 386.8 303.2 293.5 324.7 523.7 638.9 164.9 284.4 248.3 224.9 250.5 257.1 127.1 161.7 217.4 266.5 271.7 222.1 172.7 189.4 81.4 63.1 30.6 24.0 21.7 4.5
Operating Expenses
R&D Expenses 67.5 59.6 54.3 44.6 232.2 195.2 112.3 106.4 105.8 44.7 32.2 37.5 32.4 88.8 76.0 74.1 65.9 61.6 37.5 20.1 7.5 7.2 7.7 6.7 8.2 9.4
SG&A Expenses 110.2 101.4 93.7 118.5 266.1 245.4 116.2 127.9 137.4 45.9 42.0 39.1 35.9 52.3 69.7 66.2 62.0 60.1 44.9 70.3 20.4 13.1 12.1 9.5 20.8 17.3
Other Expenses 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 4.5 0 0 0 0 0 1.4 20.3
Operating Expenses 177.7 161.0 148.0 163.1 498.3 440.5 228.5 234.3 243.3 90.6 74.2 76.6 68.3 141.0 145.7 140.3 127.9 121.7 78.0 90.4 27.8 20.3 19.8 16.2 30.3 47.0
Operating Income
Operating Income 209.1 142.3 145.6 161.6 25.5 198.4 (63.6) 50.1 5.0 134.2 176.3 180.5 58.7 20.7 71.7 126.2 143.8 100.4 94.7 99.0 53.6 42.8 10.8 7.8 (8.6) (35.6)
Interest Expense 40.4 52.5 62.6 45.3 39.0 37.9 23.4 25.7 28.3 2.4 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Interest Income 0 0 0 0 0 4.0 8.1 8.7 1.1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Profitability
EBITDA 239.9 206.5 237.8 269.3 235.6 348.5 47.0 147.7 89.1 127.3 187.8 187.6 33.2 30.3 18.1 129.7 144.7 38.0 91.7 112.7 50.8 37.4 11.7 8.7 (8.6) (42.6)
EBIT 181.3 133.7 142.6 155.1 8.4 173.8 (59.7) 32.6 (30.1) 93.1 165.6 167.2 (5.0) (10.0) (9.3) 103.4 123.2 19.2 78.1 105.5 49.1 36.5 10.8 7.8 (8.6) (42.6)
Income Before Tax 140.9 81.2 80.0 109.8 (30.5) 135.9 (83.1) 6.9 (58.3) 90.7 165.6 167.2 (5.0) (10.0) (9.3) 103.4 123.2 19.2 78.1 105.5 49.1 36.5 11.0 7.9 (8.2) (34.3)
Income Tax Expense 29.8 16.6 12.6 (28.6) 28.4 (7.9) (19.0) 8.7 (1.8) 34.6 48.5 (7.7) 35.9 1.1 10.0 46.1 53.4 14.5 32.9 44.1 17.7 (22.6) 1.6 1.3 0 (0.2)
Net Income 111.1 64.6 67.4 (295.9) (55.5) 146.8 (62.5) (0.3) (56.6) 56.1 117.0 170.5 (185.6) (30.2) (19.3) 57.3 69.8 4.6 45.1 61.4 31.4 59.1 9.4 6.5 (8.2) (34.1)
Per Share Data
EPS (Basic) 1.02 0.59 0.63 -2.84 -0.53 1.77 -1.27 -0.01 -1.15 1.14 2.26 3.23 -3.37 -0.56 -0.38 1.15 1.43 0.10 0.95 1.33 0.71 1.47 0.28 -0.94 -1.31 -6.30
EPS (Diluted) 0.99 0.57 0.60 -2.84 -0.53 1.75 -1.27 -0.01 -1.15 1.12 2.23 3.18 -3.36 -0.56 -0.38 1.14 1.42 0.10 0.93 1.27 0.66 1.27 0.22 -0.94 -1.31 -6.30
Shares Outstanding 109.2 108.6 106.6 104.3 104.7 82.8 49.1 48.8 49.2 49.2 51.8 52.8 53.1 52.0 51.1 50.1 48.8 48.0 47.6 46.1 44.0 40.1 11.1 6.8 6.3 5.4
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2009 2008 2004 2003 2002 2001 2000
Current Assets
Cash & Cash Equivalents 73.1 78.8 54.6 114.6 80.4 170.2 74.6 113.6 138.3 65.6 107.9 87.9 108.3 64.4 1.3 0 0
Short-Term Investments 63.6 31.6 29.0 0 60.5 86.9 46.9 40.7 62.4 47.4 280.1 188.6 0 0 18.8 0 0
Net Receivables 158.5 138.9 114.6 132.2 90.9 248.4 146.0 225.7 27.9 67.8 10.2 14.7 3.3 2.5 1.9 0 0
Inventory 0 0 0 0 5.1 9.8 0.1 15.1 0 0 1.6 1.5 0 0 0 0 0
Other Current Assets 8.8 2.7 0.6 0.6 273.5 5.9 2.5 2.4 3.6 5.9 12.5 10.6 16.5 1.3 0.8 0 0
Total Current Assets 304.0 258.4 205.8 258.7 519.5 546.3 281.2 397.5 245.5 199.9 412.3 303.4 128.1 68.3 22.8 0 0
Non-Current Assets
Property, Plant & Equipment 14.3 15.6 16.5 10.5 11.6 143.4 50.7 31.0 34.4 38.9 42.5 37.0 2.5 1.7 1.2 0 0
Goodwill 313.7 313.7 313.7 313.7 314.6 847.0 385.8 385.8 385.6 383.0 45.1 40.4 0 0 0 0 0
Intangible Assets 303.5 301.2 347.2 432.5 547.0 1,004.4 232.3 327.7 431.8 541.9 77.8 71.3 0 0 0 0 0
Long-Term Investments 49.5 63.7 0 154.4 0 0 0 86.3 (5.2) 0 15.7 22.1 0 0 0 0 0
Other Non-Current Assets 54.4 114.4 198.5 5.5 1,075.5 153.0 94.3 3.1 12.7 20.1 3.7 7.6 9.1 0.1 0.1 0 0
Total Non-Current Assets 735.3 839.6 899.7 951.8 1,950.5 2,154.9 766.7 837.6 864.5 986.5 204.1 198.2 11.6 1.8 1.4 0 0
Total Assets 1,039.3 1,098.0 1,105.6 1,210.5 2,470.0 2,701.2 1,047.9 1,235.1 1,110.0 1,186.4 616.3 501.6 139.7 70.1 24.2 24.6 29.6
Current Liabilities
Account Payables 4.8 8.0 9.6 8.5 0.4 13.0 4.7 2.8 4.2 7.5 2.4 2.9 1.0 0.9 0.7 0 0
Short-Term Debt 21.0 21.5 66.1 111.9 36.1 43.7 0 0 34.5 6 0 0 0 0 0 0 0
Deferred Revenue 19.7 19.5 7.1 17.1 7.0 33.1 0.7 3.1 2.7 0.9 5.3 6.1 0.1 0.2 0 0 0
Other Current Liabilities 34.2 12.2 8.4 21.8 126.8 60.8 18.4 21.4 18.4 18.0 15.4 21.3 1.1 0 0 0 0
Total Current Liabilities 79.8 73.1 102.0 166.7 189.7 224.7 48.1 54.1 96.8 51.0 32.7 42.1 4.7 4.1 2.7 0 0
Non-Current Liabilities
Long-Term Debt 406.2 454.4 519.5 619.6 729.4 795.7 334.7 482.2 545.2 577.2 0 0 0 0 0 0 0
Deferred Tax Liabilities 0 0 0 0 7.1 24.8 29.7 65.0 15.1 32.6 6.7 9.0 0 0 0 0 0
Other Non-Current Liabilities 14.1 99.8 99.9 107.3 184.3 99.0 76.9 15.6 17.3 50.4 4.7 3.6 0 0 0 0 0
Total Non-Current Liabilities 479.0 628.3 646.9 742.4 939.8 1,025.4 454.7 562.8 577.6 627.6 11.4 12.6 0 0 0 0 0
Total Liabilities 558.8 701.4 748.9 909.1 1,129.6 1,250.1 502.8 617.0 674.4 678.7 44.1 54.7 4.7 4.1 2.7 0 0
Stockholders' Equity
Common Stock 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.0 0.0 0.0 0.0 0 0
Retained Earnings 92.1 2.8 (56.3) (123.7) 187.8 264.2 148.3 253.2 68.6 163.8 180.4 110.6 (32.0) (91.1) (100.4) 0 0
Accumulated Other Comprehensive Income 0.1 (0.0) (0.0) (0.1) (0.8) 1.3 (0.1) (0.3) (0.3) (0.1) (0.1) (0.8) (0.4) (0.2) (0.6) 0 0
Total Stockholders' Equity 480.5 396.6 356.6 301.4 1,349.6 1,456.9 547.9 619.4 435.6 507.8 572.2 446.9 135.0 66.0 21.5 (83.8) (77.1)
Total Liabilities & Equity 1,039.3 1,098.0 1,105.6 1,210.5 2,470.0 2,701.2 1,047.9 1,235.1 1,110.0 1,186.4 616.3 501.6 139.7 70.1 24.2 24.6 29.6
Debt Metrics
Total Debt 435.9 485.4 595.9 736.3 772.9 923.5 353.9 482.2 579.7 583.2 0 0 0 0 0 0 0
Net Debt 362.8 406.6 541.4 621.7 692.4 753.3 279.4 368.6 441.4 517.6 (107.9) (87.9) (108.3) (64.4) (1.3) 0 0
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2005 2004 2003 2002
Operating Activities
Net Income 111.1 64.6 67.4 (298.6) (58.9) 143.8 (64.0) (1.8) (56.6) 56.1 31.4 59.1 9.4 6.5
Depreciation & Amortization 58.6 72.8 95.3 160.4 227.2 174.7 106.7 115.1 119.1 34.1 1.7 1.0 0.9 0.9
Stock-Based Compensation 34.7 26.6 18.1 52.6 58.2 39.1 31.6 31.0 33.5 21.1 0 0 0 0
Change in Working Capital (82.8) 53.2 (43.4) (50.3) 4.6 76.8 131.0 1.0 65.7 30.6 4.0 (24.3) 0.2 9.1
Other Non-Cash Items 2.9 2.4 4.0 359.1 4.7 27.8 2.7 5.3 3.8 2.8 1.2 0.3 1.2 2.2
Operating Cash Flow 158.1 212.5 152.8 183.0 234.8 427.6 169.3 135.1 147.3 145.6 51.8 36.1 11.7 18.8
Investing Activities
Capital Expenditure (8.8) (22.3) (6.3) (12.9) (14.1) (58.3) (13.3) (7.4) (3.5) (13.4) (4.1) (1.8) (1.5) (0.5)
Acquisitions 0 0 0 (50.5) (17.4) 117.4 4.5 (0.5) 0.2 (888.2) (40.7) 0 0 0
Purchases of Investments (57.3) (33.2) (42.8) (4.5) (67.3) (77.2) (40.0) (20.1) (33.1) (161.6) 0 0 0 (17.9)
Sales/Maturities of Investments 25.8 31.4 14.7 64.8 92.7 35.9 34.1 39.5 17.5 470.8 0 0 18.8 0
Other Investing Activities (7.0) (20.5) (2.5) (0.2) (0.2) (50.9) (4.4) 15.3 0.1 299.6 0.0 0.0 0.1 0
Investing Cash Flow (40.3) (24.0) (34.5) (2.9) (6.2) 17.8 (19.1) 11.4 (18.8) (592.4) (44.8) (1.8) 17.4 (18.3)
Financing Activities
Net Debt Issuance (60.4) (114.2) (148) (40.5) (84.0) (244.6) (150) (100) (6) 583.0 0 0 0 (0.3)
Stock Repurchased (43.8) (31.5) (11.3) (33.2) (100.8) (80.6) (4.5) (44.8) (19.3) (70.6) 0 0 (1.7) 0
Dividends Paid (21.8) (21.8) (21.3) (203.8) (21.0) (30.8) (39.5) (39.2) (39.5) (39.2) 0 0 0 0
Other Financing Activities 0 3.2 2.4 14.3 9.6 4.9 4.8 12.8 9.0 8.2 0 0 0 0
Financing Cash Flow (123.5) (164.2) (178.3) (263.3) (196.2) (351.1) (189.2) (171.2) (55.8) 489.8 12.3 9.7 33.9 0.3
Cash Position
Net Change in Cash (5.7) 24.3 (60.0) (86.6) 30.9 95.6 (39.1) (24.6) 72.6 43.0 19.3 44.0 63.0 0.7
Cash at Beginning 78.8 54.6 114.6 201.1 170.2 74.6 113.6 138.3 65.6 22.6 108.3 64.4 1.3 0.6
Cash at End 73.1 78.8 54.6 114.6 201.1 170.2 74.6 113.6 138.3 65.6 127.6 108.3 64.4 1.3
Free Cash Flow 149.3 190.2 146.4 170.2 220.7 369.3 155.9 127.7 143.8 132.3 47.7 34.3 10.2 18.3
Key Metrics 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000
Income Statement
Revenue 443.4 376.0 388.8 438.9 877.7 892.0 280.1 406.1 373.7 259.6 273.3 278.8 168.8 209.8 254.6 301.4 299.4 248.3 195.7 208.7 94.7 72.7 37.3 28.3 27.0 11.5
Gross Profit 386.8 303.2 293.5 324.7 523.7 638.9 164.9 284.4 248.3 224.9 250.5 257.1 127.1 161.7 217.4 266.5 271.7 222.1 172.7 189.4 81.4 63.1 30.6 24.0 21.7 4.5
Operating Income 209.1 142.3 145.6 161.6 25.5 198.4 (63.6) 50.1 5.0 134.2 176.3 180.5 58.7 20.7 71.7 126.2 143.8 100.4 94.7 99.0 53.6 42.8 10.8 7.8 (8.6) (35.6)
Net Income 111.1 64.6 67.4 (295.9) (55.5) 146.8 (62.5) (0.3) (56.6) 56.1 117.0 170.5 (185.6) (30.2) (19.3) 57.3 69.8 4.6 45.1 61.4 31.4 59.1 9.4 6.5 (8.2) (34.1)
EPS (Diluted) 0.99 0.57 0.60 -2.84 -0.53 1.75 -1.27 -0.01 -1.15 1.12 2.23 3.18 -3.36 -0.56 -0.38 1.14 1.42 0.10 0.93 1.27 0.66 1.27 0.22 -0.94 -1.31 -6.30
Balance Sheet
Cash & Equivalents 73.1 78.8 54.6 114.6 80.4 170.2 74.6 113.6 138.3 65.6 107.9 87.9 108.3 64.4 1.3 0 0
Total Assets 1,039.3 1,098.0 1,105.6 1,210.5 2,470.0 2,701.2 1,047.9 1,235.1 1,110.0 1,186.4 616.3 501.6 139.7 70.1 24.2 24.6 29.6
Total Debt 435.9 485.4 595.9 736.3 772.9 923.5 353.9 482.2 579.7 583.2 0 0 0 0 0 0 0
Stockholders' Equity 480.5 396.6 356.6 301.4 1,349.6 1,456.9 547.9 619.4 435.6 507.8 572.2 446.9 135.0 66.0 21.5 (83.8) (77.1)
Cash Flow
Operating Cash Flow 158.1 212.5 152.8 183.0 234.8 427.6 169.3 135.1 147.3 145.6 51.8 36.1 11.7 18.8
Capital Expenditure (8.8) (22.3) (6.3) (12.9) (14.1) (58.3) (13.3) (7.4) (3.5) (13.4) (4.1) (1.8) (1.5) (0.5)
Free Cash Flow 149.3 190.2 146.4 170.2 220.7 369.3 155.9 127.7 143.8 132.3 47.7 34.3 10.2 18.3