Xperi Q2 Earnings Call Highlights Xperi XPER reported second-quarter 2026 revenue growth of 8% year over year to $114 million, supported by gains in its media platform and connected-car businesses. The company said advertising and related revenue increased more than 50%, while cost reductions contributed to improved profitability. Chief Executive Officer Jon Kirchner said the quarter reflected execution on the company’s strategy to scale its connected-TV and automotive platforms and increase monetization of their audiences. Xperi reported $24 million of adjusted EBITDA, equal to 21% of revenue and up seven percentage points from a year earlier. Non-GAAP earnings per share were $0.28, more than double the prior-year result, while operating cash flow totaled $15 million. Media Platform Growth Led by Advertising Media Platform revenue rose 44% year over year to $18 million, driven primarily by advertising and related revenue. TiVo ONE monthly active users reached 6.3 million at the end of the quarter, representing approximately 70% year-over-year footprint growth. The trailing 12-month average revenue per user for TiVo ONE was $6.70, slightly below the first-quarter level because user growth outpaced revenue growth, Kirchner said. However, the company continues to expect to exit 2026 with ARPU above $10, anticipating faster advertising and related revenue growth during the second half of the year. Xperi said it ran homepage video campaigns in the United States and Europe for brands in entertainment, insurance, automotive and technology. It also expanded integrations with advertising partners Teads and Kargo for its homepage hero video inventory. During the quarter, the company launched TiVo Channels, which adds free ad-supported local content in more than 20 countries. It also introduced a TiVo viewership and audience-insights data offering in the United Kingdom. Because advertising and related revenue exceeded 10% of total revenue in the quarter, Xperi said it will begin separately