v3.26.1
Revenue Recognition (Tables)
9 Months Ended
Jun. 26, 2026
Revenue from Contract with Customer [Abstract]  
Disaggregation of Revenue
The following table presents a summary of the composition of our revenue for all periods presented (in thousands, except percentage amounts):
Fiscal Quarter EndedFiscal Year-To-Date Ended
RevenueJune 26, 2026June 27, 2025June 26, 2026June 27, 2025
Licensing$282,351 93 %$289,905 92 %$974,367 93 %$966,390 93 %
Products and services22,644 %25,641 %72,964 %75,716 %
Total revenue$304,995 100 %$315,546 100 %$1,047,331 100 %$1,042,106 100 %
The following table presents the composition of our licensing revenue for all periods presented (in thousands, except percentage amounts):
Fiscal Quarter EndedFiscal Year-To-Date Ended
MarketJune 26, 2026June 27, 2025June 26, 2026June 27, 2025
Broadcast$106,579 38 %$111,286 38 %$326,041 33 %$321,297 33 %
Mobile51,010 18 %56,295 19 %220,199 23 %217,942 23 %
CE31,506 11 %28,071 10 %118,057 12 %115,668 12 %
PC28,343 10 %33,589 12 %116,523 12 %123,247 13 %
Other64,913 23 %60,664 21 %193,547 20 %188,236 19 %
Total licensing revenue$282,351 100 %$289,905 100 %$974,367 100 %$966,390 100 %
We license our technologies in approximately 60 countries, and our licensees distribute products that incorporate our technologies throughout the world. We generate the majority of our revenue from outside the U.S. Geographic data for our Licensing revenue is based on the location of our licensees’ headquarters, Products revenue is based on the destination to which we ship our products, and Services revenue is based on the location where services are performed. The following table presents the composition of our revenue by geographic location for all periods presented (in thousands, except percentage amounts):
Fiscal Quarter EndedFiscal Year-To-Date Ended
Geographic LocationJune 26, 2026June 27, 2025June 26, 2026June 27, 2025
United States$104,207 34 %$89,825 28 %$453,469 43 %$392,319 38 %
International200,788 66 %225,721 72 %593,862 57 %649,787 62 %
Total revenue$304,995 100 %$315,546 100 %$1,047,331 100 %$1,042,106 100 %
Contract with Customer, Asset and Liability
The following table presents a summary of the balances to which contract assets and liabilities related to revenue are recorded for all periods presented (in thousands, except percentage amounts):
June 26, 2026September 26, 2025Change ($)Change (%)
Accounts receivable, net$285,148 $331,096 $(45,948)(14)%
Contract assets, net206,881 180,804 26,077 14 %
Contract liabilities - current33,593 31,382 2,211 %
Contract liabilities - non-current23,463 29,687 (6,224)(21)%