Xperi Lifts Outlook as TiVo One Grows
Xperi reported third-quarter revenue of $114 million, up 2 percent, and raised its full-year outlook range for adjusted EBITDA margin and operating cash flow.
Updated on Nov. 5, 2026 in Advertising
Xperi reported $114 million in third-quarter revenue, up 2 percent year over year, as growth in its media platform and pay-TV businesses offset steep declines in connected car and consumer electronics. The company also raised its full-year outlook range for adjusted EBITDA margin and operating cash flow.
Why it matters
The results show Xperi's TiVo One cross-screen advertising platform beginning to produce substantial growth in advertising and related revenue. Its ability to offset declines in other segments is central to its revised financial outlook.
TiVo One average revenue per user rose 14 percent from the prior quarter to $7.65, while monthly active users reached 6.8 million. The quarter ended with 3.42 million global IPTV subscriber households, though the report does not detail how much of the revenue gain came from advertising.
The players
Xperi
Xperi is a technology company that develops consumer and media platform products, including the TiVo One cross-screen advertising platform.
MediaMarktSaturn
MediaMarktSaturn is a major European consumer electronics retailer that operates stores across the region.
The details
MediaMarktSaturn selected TiVo OS as the operating system partner for its PEAQ private-label TV brand. Xperi now expects full-year revenue of around $450 million to $462 million.
Timeline
Q3 2025: Baseline quarter for the connected car revenue comparison.
Third quarter 2026: Xperi reported $114 million in revenue.
Full year 2026: Xperi raised its outlook for EBITDA margin and operating cash flow.
Market Landscape
Xperi's growth in TiVo One advertising reflects a broader push by connected TV platforms to monetize viewing across screens. Its gains in media platform revenue run against sharp declines in connected car and consumer electronics, showing a company shifting its weight toward advertising.
For viewers using TiVo-powered TVs, the growth of TiVo One signals more advertising integrated into streaming and cross-screen experiences. Consumers buying PEAQ-branded TVs from MediaMarktSaturn in Europe will be using TiVo OS as the underlying system.
The takeaway
Xperi's results suggest that connected TV advertising can offset weakness in hardware-linked businesses. Watch whether the company's advertising momentum holds as its outlook expands.
Further reading
For more on how connected TV platforms are reshaping ad spending, see Advertising.
Source note: This article includes information reported by Advanced-television.
