Xperi has approved a restructuring involving around 250 roles across “all business and functional areas”.
The company is targeting $30–35 million in annualised savings by mid-2026 to support its shift towards higher-growth media platform activities.
It comes as the company announced a 30% growth in its TiVo One platform to 4.8 million, with Xperi adding its tenth TiVo OS partner via a European TV brand and reporting TiVo One ARPU of $8.75. TiVo One plugs into “Powered by TiVo” smart TVs and video-over-broadband devices, using on-device integration rather than just app inventory, to sell targeted ads and generate viewing/engagement data.
New monetisation deals with Titan Ads and Comscore are designed to build out its media platform revenues in 2026.
In connected car, the DTS AutoStage platform now reaches more than 13 million vehicles, backed by two new video-based OEM programmes. Xperi has launched an AutoStage Broadcaster Portal offering first-party in-car listening data and analytics across over 250 US DMAs, and begun targeted advertising trials with major audio groups in the US and UK, as it looks to prove out an ad- and data-led model.
IPTV subs climbed 32% year-on-year to 3.2 million, supported by a four-year renewal with US buying group NCTC and a multi-year deal with Canada’s Mitchell Seaforth Cable TV, extending TiVo’s footprint across North America.
Q3 revenue came in at $111.6 million, down from $132.9 million a year earlier.
Xperi anticipates that as its media platform expands in 2026, it will have higher cost of sales than other parts of the business.
