REVENUE (Tables)

9 Months Ended

Sep. 30, 2026

Revenue from Contract with Customer [Abstract]

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,
	2026		2025		Increase/(Decrease)
Smartphone	$	122,631	$	136,407	$	(13,776)	(10)	%
CE, IoT/Auto	55,712		28,219		27,493		97	%
Streaming and Cloud Services	15,000		—		15,000		N/M
Other	86		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,
	2026		2025		Increase/(Decrease)
Smartphone	$	368,722	$	555,482	$	(186,760)	(34)	%
CE, IoT/Auto	165,073		119,817		45,256		38	%
Streaming and Cloud Services	125,000		—		125,000		N/M
Other	220		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.

Schedule of 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
2027	580,557
2028	484,769
2029	424,840
2030	288,601
Thereafter	73,758
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.