Xperi Notes Increasing Number of HD Radios

In its Q1 2025 results, Xperi announced continued progress with HD Radio, including an increase in its penetration of the North American market to 58% of new vehicles. The company also highlighted the growth of its DTS AutoStage Platform, now deployed in 11 million vehicles globally, and the expansion of its video service powered by TiVo. Additionally, Xperi reported a net loss of $18.4 million in the quarter.

Key Take Aways:

• HD Radio is now a standard feature in Hyundai and Genesis models in North America. Xperi also signed new agreements with Tier-1 manufacturers, further expanding the use and long-term commitment to its technologies.
• The company's hybrid radio platform, DTS AutoStage, has seen significant growth, reaching 11 million vehicles in over 130 countries. The video service powered by TiVo for this platform has also expanded to include new models from BMW, Ford, Hyundai, and Tesla, as well as Audi in Japan.

Financial Results: Xperi's Q1 revenue was $114 million, a decrease from the previous year due to business divestitures. The company reported a net loss of $18.4 million. However, adjusted EBITDA increased to $16 million, up significantly from the prior year.