Xperi (XPER) Corporate presentation summary

Strategic focus and business model

• Mission centers on delivering extraordinary digital entertainment experiences through a global ecosystem, focusing on media platforms, pay TV, and immersive entertainment.

• Core businesses in pay TV, HD Radio, and consumer electronics fund growth in smart TV advertising, video-over-broadband, and connected car segments.

• Unique competitive advantages include independent OS positioning, revenue sharing, and OEM branding focus.

• Growth strategies have reached an inflection point, enabling increased profitability and cash flow.

Brand portfolio and market presence

• Operates four major brands: TiVo, DTS, HD Radio, and IMAX Enhanced, each targeting different aspects of entertainment and technology.

• Products serve three main markets: media platform (9% of 2025 revenue), pay TV (46%), and immersive entertainment (45%).

• TiVo OS is certified in over 40 countries, with 10 TV OS partners and 5.3 million monthly active users.

Market trends and growth drivers

• CTV advertising market expected to grow at 13% CAGR through 2029, with streaming capturing more viewership but less than 30% of ad dollars.

• IPTV subscriber base remains resilient despite declines in cable and satellite, with AVOD/FAST content revenue projected to grow at 13% CAGR to $44B by 2030.

• Automotive infotainment market projected to grow at 11% CAGR through 2029, with HD Radio in over 115 million cars and DTS AutoStage in 140+ countries.

• Home audio market expected to grow at 9% CAGR to $60B by 2028, driven by demand for immersive audio.