v3.26.3
REVENUE
 9 Months Ended
Sep. 30, 2026
Revenue from Contract with Customer [Abstract]  
REVENUE REVENUE
Disaggregated Revenue
The following table presents the disaggregation of our revenue for the three and nine months ended September 30, 2026 and 2025 (in thousands):
Three Months Ended September 30,
20262025
Increase/(Decrease)
Smartphone$122,631 $136,407 $(13,776)(10)%
CE, IoT/Auto55,712 28,219 27,493 97 %
Streaming and Cloud Services
15,000 — 15,000 N/M
Other86 56 30 54 %
Total Revenue$193,429 $164,682 $28,747 17 %
Catch-up revenue (1), included above
$36,208 $17,678 $18,530 105 %
Nine Months Ended September 30,
20262025
Increase/(Decrease)
Smartphone$368,722 $555,482 $(186,760)(34)%
CE, IoT/Auto165,073 119,817 45,256 38 %
Streaming and Cloud Services
125,000 — 125,000 N/M
Other220 486 (266)(55)%
Total Revenue$659,015 $675,785 $(16,770)(2)%
Catch-up revenue (1), included above
$203,576 $264,791 $(61,215)(23)%
(1)    Catch-up revenue represents revenue associated with reporting periods prior to the entry of the agreement.
N/M     indicates not meaningful.
During the nine months ended September 30, 2026, we recognized $152.2 million of revenue that had been included in deferred revenue as of the beginning of the period. As of September 30, 2026, we had contract assets of $70.1 million included within "Accounts receivable" and $163.0 million included within "Other non-current assets, net" in the condensed consolidated balance sheet. As of December 31, 2025, we had contract assets of $19.7 million included within "Accounts receivable" and $21.0 million included within "Other non-current assets, net" in the condensed consolidated balance sheet. Contract assets related to revenue recognized from three ongoing arbitrations totaled $202.0 million and $21.0 million as of September 30, 2026 and December 31, 2025, respectively.
Contracted Revenue
As of September 30, 2026, we expect to recognize the following revenue from dynamic fixed-fee royalty payments over the term of existing contracts (in thousands):
Revenue (1)
Remainder of 2026$148,271 
2027580,557 
2028484,769 
2029424,840 
2030288,601 
Thereafter73,758 
Total Revenue$2,000,796 
(1)    This table includes estimated revenue related to our three ongoing arbitrations. In accordance with ASC 606, this estimate is limited to the amount of revenue we expect to recognize only to the extent we believe it is probable that a subsequent change in the estimate would not result in a significant revenue reversal.