Open report — full analysis, no account required.
Sign up to generate reports and read filings that aren't on the open list.
Get notified when XPER files again. Create a free account and we'll email you the moment its next filing is analyzed.
Get filing alertsXperi corrects Q2 call: minimum-guarantee revenue ~20-25%, not single-digit percent
Filed August 7, 2026 · Period ending August 6, 2026 · ~1 min read
Key Changes
-
high
Company corrects material misstatement from Aug 5 earnings call: minimum-guarantee agreements are historically low-to-mid 20% of revenue, expected mid-20% or higher for FY2026—not single-digit percent as stated.
Item 7.01 — Regulation FD Disclosure verify on EDGAR →
Summary
Xperi filed an 8-K to correct a material revenue disclosure error made two days earlier on its Q2 2026 earnings call. Management had stated that minimum-guarantee agreements represented single-digit percent of total revenue. The correct figure: these agreements have historically been in the low-to-mid 20 percent range, and the company expects them to reach mid-20 percent or slightly higher for fiscal 2026.
The correction materially changes the disclosed revenue composition—minimum guarantees are roughly three to four times larger as a share of revenue than initially stated. For investors, this matters because minimum-guarantee contracts carry different risk and predictability profiles than variable licensing revenue. The need for a Reg FD correction filing within 48 hours of the call raises questions about the quality of prepared remarks and internal controls around public disclosures.
Section-by-Section Diff
Event · Item 7.01 — Regulation FD Disclosure
Item 7.01 — Regulation FD Disclosure filed; see Key Changes for terms.
Added in current filing · verify on EDGAR →
The historical level of minimum-guarantee agreements as a percentage of total revenue was incorrectly stated as being in the single-digit percent range. The correct statement is that the Company’s level of minimum-guarantee agreements as a percentage of total revenue has typically been in the low-to-mid 20 percent range and the Company expects to be in the mid 20 percent, or slightly higher, range for the fiscal year ending December 31, 2026.
Xperi corrects a material misstatement made during its August 5, 2026 Q2 earnings call. The company had incorrectly stated that minimum-guarantee agreements represented single-digit percent of total revenue. The correct figures are: historically low-to-mid 20 percent range, with expectations of mid-20 percent or slightly higher for fiscal 2026. This correction significantly changes the disclosed revenue composition and business model characteristics.
Thanks — your feedback helps us improve report quality.
Figures/quotes linked to EDGAR · Narrative written by AI · Aug 10, 2026 · How we verify