Adeia posts $105M Q1 revenue, $58M cash flow, signs deals with AMD and Microsoft, cuts debt below $400M

Adeia reported strong Q1 2026 results with $105 million in revenue and $58 million in operating cash flow, maintaining a 60% adjusted EBITDA margin. The company signed eight new license agreements, including multi-year deals with AMD and Microsoft, expanding its presence in semiconductors and media. Adeia also reduced its debt by $28 million to under $400 million and repurchased $10 million in stock, while continuing to diversify revenue streams and invest in its patent portfolio. The company reaffirmed its full-year 2026 financial outlook, signaling confidence in ongoing growth and market adoption of its technologies.