Xperi (XPER) reported R&D of $27.08M in Q1 2026.

How has Xperi's R&D changed year-over-year?

Xperi's R&D decreased by 31.5% year-over-year, from $39.55M to $27.08M.

What is the long-term trend for Xperi's R&D?

Over 3 years (2022 to 2025), Xperi's R&D has grown at a -14.5% compound annual growth rate (CAGR), from $216.36M to $135.05M.

Costs of research activities to discover new knowledge and development activities to translate research into new or improved products, services, processes, or technologies.

Xperi XPER R&D

R&D at other companies

Dolby Laboratories, Inc.DLB

$63.65M+3.2%

Roku, Inc.ROKU

$189.49M+2.7%

AdeiaADEA

$18.2M+10.5%

MGN

MagniteMGNI

$25.17M+12.9%

Teledyne TechnologiesTDY

$84.6M+13.9%

Alphabet Inc.GOOGL

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Other financials

Income statement

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Revenue$114.2M+0.2%

Gross profit$83.3M-1.3%

Operating income$2.2M+113%

Net income-$7.8M+57.4%

EPS (diluted)-$0.17+58.5%

Balance sheet

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Cash & equivalents$70.4M-20.0%

Total debt$67.6M-10.3%

Total equity$429.1M+6.1%

Total assets$606.9M-4.2%

Cash flow

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Operating cash flow-$18.0M+19.1%

CapEx$1.1M+3.7%

Free cash flow-$19.1M+18.0%

Valuation

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Market cap$371.69M+5.1%

Enterprise value$368.92M+8.2%

P/S0.8×+0.1×

Profitability

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Gross margin71.5%-5.3pp

Operating margin-5.6%-2.1pp

Net margin-10.2%—

FCF margin-6.6%—

Returns & leverage

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Return on equity-21.8%-8.9pp

Debt / equity0.2×0.0×

Current ratio2.4×+0.1×

Where this comes from

Reported directly by Xperi in its filing.

Tagged under the XBRL concept us-gaap:ResearchAndDevelopmentExpense.

The official record: Xperi’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Xperi's R&D?: Xperi (XPER) reported R&D of $27.08M in Q1 2026.
How has Xperi's R&D changed year-over-year?: Xperi's R&D decreased by 31.5% year-over-year, from $39.55M to $27.08M.
What is the long-term trend for Xperi's R&D?: Over 3 years (2022 to 2025), Xperi's R&D has grown at a -14.5% compound annual growth rate (CAGR), from $216.36M to $135.05M.
What does R&D mean?: Costs of research activities to discover new knowledge and development activities to translate research into new or improved products, services, processes, or technologies.