---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-022102"
form_type: "8-K"
ticker: "XPER"
cik: "0001788999"
company_name: "Xperi Inc."
filed_at: "2024-02-28T23:59:59+00:00"
generated_at: "2026-06-05T09:14:21.472894+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Xperi reports Q4/FY2023 results: GAAP loss narrows, non-GAAP operating income positive; TiVo OS expands

## Summary
- Revenue Q4 $137.2M (+1.3% YoY); FY2023 $521.3M (+3.8% YoY).
- GAAP net loss Q4 $25.3M ($0.57/share) vs $298M ($7.06) in Q4'22; FY loss $139.7M vs $761.2M.
- Non-GAAP operating income Q4 $7.1M (vs loss $4.7M); Adjusted EBITDA $13.4M; Non-GAAP EPS $0.11.
- TiVo OS signs additional smart TV OEM; Vestel now shipping TiVo OS in UK/Germany.
- Completed AutoSense divestiture; initiated strategic alternatives evaluation for Perceive business.

## SEC filing metadata
- accession: 0000950170-24-022102
- form_type: 8-K
- ticker: XPER
- cik: 0001788999
- company_name: Xperi Inc.
- filed_at: 2024-02-28T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1788999/000095017024022102/0000950170-24-022102-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1788999/000095017024022102/xper-20240228.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-022102
- JSON: https://secwatch.observer/filing/0000950170-24-022102.json
- Plain text: https://secwatch.observer/filing/0000950170-24-022102.txt

## Key facts
- Earnings Releases
  Xperi Inc. reported full fiscal year ended December 31, 2023 results: revenue $521.3, net income $(139.7), EPS $(3.18).
  - Period: full fiscal year ended December 31, 2023
  - Revenue: $521.3
  - Net income: $(139.7)
  - EPS: $(3.18)
  - Result: reported results
  source text: GAAP Highlights ($ millions, except per share data) Q4 FY23 Q4 FY22 Full Year 2023 Full Year 2022 Revenue $ 137.2 $ 135.5 $ 521.3 $ 502.3 GAAP Operating Loss $ (29.8 ) $ (299.1 ) $ (129.6 ) $ (749.4 ) GAAP Net Loss $ (25.3 ) $ (298.0 ) $ (139.7 ) $ (761.2 ) GAAP Loss per Share Attributable to the Company $ (0.57 ) $ (7.06 ) $ (3.18 ) $ (18.02 )
  evidence_url: https://www.sec.gov/Archives/edgar/data/1788999/000095017024022102/0000950170-24-022102-index.htm
- Earnings Releases
  Xperi Inc. reported fourth quarter ended December 31, 2023 results: revenue $137.2, net income $(25.3), EPS $(0.57).
  - Period: fourth quarter ended December 31, 2023
  - Revenue: $137.2
  - Net income: $(25.3)
  - EPS: $(0.57)
  - Result: reported results
  source text: GAAP Highlights ($ millions, except per share data) Q4 FY23 Q4 FY22 Full Year 2023 Full Year 2022 Revenue $ 137.2 $ 135.5 $ 521.3 $ 502.3 GAAP Operating Loss $ (29.8 ) $ (299.1 ) $ (129.6 ) $ (749.4 ) GAAP Net Loss $ (25.3 ) $ (298.0 ) $ (139.7 ) $ (761.2 ) GAAP Loss per Share Attributable to the Company $ (0.57 ) $ (7.06 ) $ (3.18 ) $ (18.02 )
  evidence_url: https://www.sec.gov/Archives/edgar/data/1788999/000095017024022102/0000950170-24-022102-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.