Exhibit 99.2

Trend Sheet for GAAP Statement of Operations

(in thousands, except per share data)

(unaudited)

	Three Months Ended
	Oct 31, 2006			July 31, 2006			Apr 30, 2006			Jan 31, 2006			Oct 31, 2005			Jul 31 2005			Apr 30, 2005			Jan 31, 2005
Income Statement
Net revenues	$	65,660		$	59,167		$	56,512		$	60,067		$	49,615		$	39,335		$	46,908		$	59,429
Hardware revenues		27,978			16,235			9,453			32,266			24,652			4,649			10,526			50,452
Cost of hardware revenues		31,925			21,607			15,146			38,811			24,667			7,697			15,642			52,267
Rebates, revenue share, and other payments to channel		(14,934	)		(9,948	)		(8,050	)		(19,167	)		(18,234	)		(5,988	)		(3,638	)		(25,188	)
Service and Technology revenues	$	52,616		$	52,880		$	55,109		$	46,968		$	43,197		$	40,674		$	40,020		$	34,165
Service revenues		49,000			49,430			46,951			46,305			42,296			40,249			38,344			32,996
Technology revenues		3,616			3,450			8,158			663			901			425			1,676			1,169
Cost of service & technology revenues	$	13,826		$	12,629		$	17,801		$	10,129		$	8,508		$	7,458		$	8,866		$	10,866
Cost of service revenues		10,820			9,628			10,435			10,250			8,431			6,859			8,639			10,426
Cost of technology revenues		3,006			3,001			7,366			(121	)		77			599			227			440
Gross margin of service & technology revenues	$	38,790		$	40,251		$	37,308		$	36,839		$	34,689		$	33,216		$	31,154		$	23,299
Operating expenses
Research and development	$	12,221		$	12,891		$	12,861		$	10,693		$	9,712		$	9,778		$	10,904		$	11,206
Sales and marketing		10,123			8,344			7,389			10,637			10,006			7,574			6,830			11,529
General and administrative		9,811			11,091			15,059			11,769			11,702			8,409			6,138			4,194
Stock-based compensation	$	4,083		$	3,563		$	3,087		$	338		$	165		$	(59	)	$	(58	)	$	252
Cost of services revenues		129			130			94			—			—			—			—			—
Cost of technology revenues		236			243			203			—			—			—			—			—
Research and development		1,608			1,451			1,118			46			(6	)		39			(164	)		128
Sales and marketing		474			450			340			75			20			(146	)		106			124
General and administrative		1,636			1,289			1,332			217			151			48			—			—
Interest and other income (expense)	$	1,158		$	959		$	1,059		$	899		$	816		$	732		$	623		$	(3,006	)
Provision for income tax		(4	)		(12	)		(19	)		(13	)		—			(43	)		(8	)		(26	)
Net loss		(11,092	)		(6,448	)		(10,704	)		(21,086	)		(14,164	)		(892	)		(857	)		(33,665	)
Net loss per common share	$	(0.12	)	$	(0.07	)	$	(0.13	)	$	(0.25	)	$	(0.17	)	$	(0.01	)	$	(0.01	)	$	(0.42	)
Weighted average common shares outstanding		91,930			85,978			85,134			84,643			84,201			83,506			82,381			80,793
Balance Sheet & Cash Flow
Cash & cash equivalents, and short-term investments	$	106,965		$	75,118		$	92,351		$	104,213		$	90,456		$	103,823		$	105,491		$	106,345
Net cash provided by (used in) operating activities (YTD)		(55,212	)		(32,796	)		(14,150	)		3,425			(12,262	)		(6,577	)		(170	)		(37,214	)

Trend Sheet for Non-GAAP Statement of Operations

(including Non-GAAP Net loss and Non-GAAP Net loss per share) excluding stock based compensation(1)

(unaudited, in thousands, except per share amounts)

	Three Months Ended
	Oct 31, 2006 Non-GAAP			July 31, 2006 Non-GAAP			Apr 30, 2006 Non-GAAP			Jan 31, 2006 Non-GAAP			Oct 31, 2005 Non-GAAP			Jul 31, 2005 Non-GAAP			Apr 30, 2005 Non-GAAP			Jan 31, 2005 Non-GAAP
Income Statement
Net revenues	$	65,660		$	59,167		$	56,512		$	60,067		$	49,615		$	39,335		$	46,908		$	59,429
Hardware revenues		27,978			16,235			9,453			32,266			24,652			4,649			10,526			50,452
Cost of hardware revenues		31,925			21,607			15,146			38,811			24,667			7,697			15,642			52,267
Rebates, revenue share, and other payments to channel		(14,934	)		(9,948	)		(8,050	)		(19,167	)		(18,234	)		(5,988	)		(3,638	)		(25,188	)
Service and Technology revenues	$	52,616		$	52,880		$	55,109		$	46,968		$	43,197		$	40,674		$	40,020		$	34,165
Service revenues		49,000			49,430			46,951			46,305			42,296			40,249			38,344			32,996
Technology revenues		3,616			3,450			8,158			663			901			425			1,676			1,169
Cost of service & technology revenues *	$	13,461		$	12,256		$	17,504		$	10,129		$	8,508		$	7,458		$	8,866		$	10,866
Cost of service revenues *		10,691			9,498			10,341			10,250			8,431			6,859			8,639			10,426
Cost of technology revenues *		2,770			2,758			7,163			(121	)		77			599			227			440
Gross margin of service & technology revenues *	$	39,155		$	40,624		$	37,605		$	36,839		$	34,689		$	33,216		$	31,154		$	23,299
Operating expenses
Research and development *	$	10,613		$	11,440		$	11,743		$	10,647		$	9,718		$	9,739		$	11,068		$	11,078
Sales and marketing *		9,649			7,894			7,049			10,562			9,986			7,720			6,724			11,405
General and administrative *		8,175			9,802			13,727			11,552			11,551			8,361			6,138			4,194
Stock-based compensation	$	4,083		$	3,563		$	3,087		$	338		$	165		$	(59	)	$	(58	)	$	252
Cost of services revenues		129			130			94			—			—			—			—			—
Cost of technology revenues		236			243			203			—			—			—			—			—
Research and development		1,608			1,451			1,118			46			(6	)		39			(164	)		128
Sales and marketing		474			450			340			75			20			(146	)		106			124
General and administrative		1,636			1,289			1,332			217			151			48			—			—
Interest and other income (expense)	$	1,158		$	959		$	1,059		$	899		$	816		$	732		$	623		$	(3,006	)
Provision for income tax		(4	)		(12	)		(19	)		(13	)		—			(43	)		(8	)		(26	)
Net loss		(7,009	)		(2,885	)		(7,617	)		(20,748	)		(13,999	)		(951	)		(915	)		(33,413	)
Net loss per common share	$	(0.08	)	$	(0.03	)	$	(0.09	)	$	(0.25	)	$	(0.17	)	$	(0.01	)	$	(0.01	)	$	(0.41	)
Weighted average common shares outstanding		91,930			85,978			85,134			84,643			84,201			83,506			82,381			80,793

* Excludes stock-based compensation.

(1) This presentation is not prepared under a comprehensive set of accounting rules or principles such as GAAP. See attached reconciliation of Non-GAAP Statement of Operations excluding stock based compensation and related note for further explanation of this non-GAAP financial measure presented herein.

TiVo Inc.

Reconciliation of Non-GAAP Statement of Operations (including Non-GAAP Net Loss and Non-GAAP Net Loss Per Share) of TiVo Inc. to GAAP Statement of Operations (including GAAP Net Loss and GAAP Net Loss Per Share) of TiVo Inc.

FY 2007 Q1 through Q3

excluding Stock-based Compensation Expense(1)

(unaudited, in thousands, except per share amounts)

	FY 2007 Reconciliation by Quarter
	Q3’07 GAAP			Non-GAAP Adjustments			Q3’07 Non-GAAP			Q2’07 GAAP			Non-GAAP Adjustments			Q2’07 Non-GAAP			Q1’07 GAAP			Non-GAAP Adjustments			Q1’07 Non-GAAP
	(unaudited, in thousands except per share data)
Revenues
Service revenues	$	49,000		$	—		$	49,000		$	49,430		$	—		$	49,430		$	46,951		$	—		$	46,951
Technology revenues		3,616			—			3,616			3,450			—			3,450			8,158			—			8,158
Hardware revenues		27,978			—			27,978			16,235			—			16,235			9,453			—			9,453
Rebates, revenue share, and other payments to channel		(14,934	)		—			(14,934	)		(9,948	)		—			(9,948	)		(8,050	)		—			(8,050	)
Net revenues		65,660			—			65,660			59,167			—			59,167			56,512			—			56,512
Cost of revenues
Cost of service revenues		10,820			(129	)		10,691			9,628			(130	)		9,498			10,435			(94	)		10,341
Cost of technology revenues		3,006			(236	)		2,770			3,001			(243	)		2,758			7,366			(203	)		7,163
Cost of hardware revenues		31,925			—			31,925			21,607			—			21,607			15,146			—			15,146
Total cost of revenues		45,751			(365	)		45,386			34,236			(373	)		33,863			32,947			(297	)		32,650
Gross margin		19,909			365			20,274			24,931			373			25,304			23,565			297			23,862
Operating Expenses
Research and development		12,221			(1,608	)		10,613			12,891			(1,451	)		11,440			12,861			(1,118	)		11,743
Sales and marketing		10,123			(474	)		9,649			8,344			(450	)		7,894			7,389			(340	)		7,049
General and administrative		9,811			(1,636	)		8,175			11,091			(1,289	)		9,802			15,059			(1,332	)		13,727
Loss from operations		(12,246	)		4,083			(8,163	)		(7,395	)		3,563			(3,832	)		(11,744	)		3,087			(8,657	)
Interest income		1,291			—			1,291			988			—			988			1,062			—			1,062
Interest expense and other		(133	)		—			(133	)		(29	)		—			(29	)		(3	)		—			(3	)
Loss before income taxes		(11,088	)		4,083			(7,005	)		(6,436	)		3,563			(2,873	)		(10,685	)		3,087			(7,598	)
Provision for income taxes		(4	)		—			(4	)		(12	)		—			(12	)		(19	)		—			(19	)
Net Loss	$	(11,092	)	$	4,083		$	(7,009	)	$	(6,448	)	$	3,563		$	(2,885	)	$	(10,704	)	$	3,087		$	(7,617	)
Net Loss per common share basic and diluted	$	(0.12	)	$	—		$	(0.08	)	$	(0.07	)	$	—		$	(0.03	)	$	(0.13	)	$	—		$	(0.09	)
Weighted average common shares used to calculate basic net loss per share		91,930			—			91,930			85,978			—			85,978			85,134			—			85,134

(1) See related note attached hereto for further information on this Non-GAAP reconciliation.

TiVo Inc.

Reconciliation of Non-GAAP Statement of Operations (including Non-GAAP Net Loss and Non-GAAP Net Loss Per Share) of TiVo Inc. to GAAP Statement of Operations (including GAAP Net Loss and GAAP Net Loss Per Share) of TiVo Inc. excluding Stock-based Compensation Expense(1)

(unaudited, in thousands, except per share amounts)

	FY 2006 Reconciliation by Quarter
	Q4’06 GAAP			Non-GAAP Adjustments			Q4’06 Non-GAAP			Q3’06 GAAP			Non-GAAP Adjustments			Q3’06 Non-GAAP			Q2’06 GAAP			Non-GAAP Adjustments			Q2’06 Non-GAAP			Q1’06 GAAP			Non-GAAP Adjustments			Q1’06 Non-GAAP
	Adjusted									Adjusted									Adjusted
	(unaudited, in thousands except per share data)
Revenues
Service revenues	$	46,305		$	—		$	46,305		$	42,296		$	—		$	42,296		$	40,249		$	—		$	40,249		$	38,344		$	—		$	38,344
Technology revenues		663			—			663			901			—			901			425			—			425			1,676			—			1,676
Hardware revenues		32,266			—			32,266			24,652			—			24,652			4,649			—			4,649			10,526			—			10,526
Rebates, revenue share, and other payments to channel		(19,167	)		—			(19,167	)		(18,234	)		—			(18,234	)		(5,988	)		—			(5,988	)		(3,638	)		—			(3,638	)
Net revenues		60,067			—			60,067			49,615			—			49,615			39,335			—			39,335			46,908			—			46,908
Cost of revenues
Cost of service revenues		10,250			—			10,250			8,431			—			8,431			6,859			—			6,859			8,639			—			8,639
Cost of technology revenues		(121	)		—			(121	)		77			—			77			599			—			599			227			—			227
Cost of hardware revenues		38,811			—			38,811			24,667			—			24,667			7,697			—			7,697			15,642			—			15,642
Total cost of revenues		48,940						48,940			33,175						33,175			15,155						15,155			24,508						24,508
Gross margin		11,127			—			11,127			16,440			—			16,440			24,180			—			24,180			22,400			—			22,400
Operating Expenses
Research and development		10,693			(46	)		10,647			9,712			6			9,718			9,778			(39	)		9,739			10,904			164			11,068
Sales and marketing		10,637			(75	)		10,562			10,006			(20	)		9,986			7,574			146			7,720			6,830			(106	)		6,724
General and administrative		11,769			(217	)		11,552			11,702			(151	)		11,551			8,409			(48	)		8,361			6,138			—			6,138
Loss from operations		(21,972	)		338			(21,634	)		(14,980	)		165			(14,815	)		(1,581	)		(59	)		(1,640	)		(1,472	)		(58	)		(1,530	)
Interest income		900			—			900			826			—			826			734			—			734			624			—			624
Interest expense and other		(1	)		—			(1	)		(10	)		—			(10	)		(2	)		—			(2	)		(1	)		—			(1	)
Loss before income taxes		(21,073	)		338			(20,735	)		(14,164	)		165			(13,999	)		(849	)		(59	)		(908	)		(849	)		(58	)		(907	)
Provision for income taxes		(13	)		—			(13	)		—			—			—			(43	)		—			(43	)		(8	)		—			(8	)
Net Loss	$	(21,086	)	$	338		$	(20,748	)	$	(14,164	)	$	165		$	(13,999	)	$	(892	)	$	(59	)	$	(951	)	$	(857	)	$	(58	)	$	(915	)
Net Loss per common share basic and diluted	$	(0.25	)	$	—		$	(0.25	)	$	(0.17	)	$	—		$	(0.17	)	$	(0.01	)	$	—		$	(0.01	)	$	(0.01	)	$	—		$	(0.01	)
Weighted average common shares used to calculate basic net loss per share		84,643			—			84,643			84,201			—			84,201			83,506			—			83,506			82,381			—			82,381

(1) See related note attached hereto for further information on this Non-GAAP reconciliation.

TiVo Inc.

Reconciliation of Non-GAAP Statement of Operations (including Non-GAAP Net Loss and Non-GAAP Net Loss Per Share) of TiVo Inc. to GAAP Statement of Operations (including GAAP Net Loss and GAAP Net Loss Per Share) of TiVo Inc.

FY 2005 Q4

excluding Stock-based Compensation Expense(1)

(unaudited, in thousands, except per share amounts)

	FY 2005 Reconciliation by Quarter
	Q4’05 GAAP			Non-GAAP Adjustments			Q4’05 Non-GAAP
	(unaudited, in thousands except per share data)
Revenues
Service revenues	$	32,996					$	32,996
Technology revenues		1,169						1,169
Hardware revenues		50,452						50,452
Rebates, revenue share, and other payments to channel		(25,188	)					(25,188	)
Net revenues		59,429			—			59,429
Cost of revenues
Cost of service revenues		10,426						10,426
Cost of technology revenues		440						440
Cost of hardware revenues		52,267						52,267
Total cost of revenues		63,133			—			63,133
Gross margin		(3,704	)		—			(3,704	)
Operating Expenses
Research and development		11,206			(128	)		11,078
Sales and marketing		11,529			(124	)		11,405
General and administrative		4,194						4,194
Loss from operations		(30,633	)		252			(30,381	)
Interest income		458						458
Interest expense and other		(3,464	)					(3,464	)
Loss before income taxes		(33,639	)					(33,387	)
Provision for income taxes		(26	)					(26	)
Net Loss	$	(33,665	)	$	252		$	(33,413	)
Net Loss per common share basic and diluted	$	(0.42	)	$	—		$	(0.41	)
Weighted average common shares used to calculate basic net loss per share		80,793			—			80,793

(1) See related note attached hereto for further information on this Non-GAAP reconciliation.

Note to Trended Non-GAAP Statement of Operations Excluding Stock-Based Compensation Expense.

These FY07 Q3 Key Financial Metric Trend Sheets include the Non-GAAP Statement of Operations adjusted to exclude stock-based compensation expense from the related GAAP line items, including non-GAAP loss from operations. We use these non-GAAP financial measures for internal managerial purposes and to facilitate period-to-period comparisons. These non-GAAP financial measures are used in addition to and in conjunction with our results presented in accordance with GAAP. These non-GAAP financial measures reflect an additional way of viewing aspects of our operations that, when viewed with our GAAP results and the accompanying reconciliations to the corresponding GAAP financial measures, provide a more complete understanding of factors and trends affecting our business. These non-GAAP measures should be considered as a supplement to, and not as a substitute for, or superior to loss from operations, and net net loss and net loss per share calculated in accordance with generally accepted accounting principles.

In addition, because of the variety of equity awards used by companies, the varying methodologies for determining stock-based compensation expense, and the subjective assumptions involved in those determinations, we believe excluding stock-based compensation enhances the ability of management and investors to compare our core operating results over multiple periods. We do not use stock-based compensation expense in our internal measures. A limitation associated with these non-GAAP measures is that they do not include any stock-based compensation expense related to hiring, retaining, and incentivizing the Company’s workforce.

Trend Sheet for Non-GAAP Key Financial Metrics(1)

(unaudited, in thousands, except per share amounts)

	Three Months Ended
	Oct 31, 2006			July 31, 2006			Apr 30, 2006			Jan 31, 2006			Oct 31, 2005			Jul 31, 2005			Apr 30, 2005			Jan 31, 2005
Reconciliation to EBITDA and Adjusted EBIDTA
Net loss	$	(11,092	)	$	(6,448	)	$	(10,704	)	$	(21,086	)	$	(14,164	)	$	(892	)	$	(857	)	$	(33,665	)
Add back:
Depreciation & amortization		2,219			1,868			1,730			1,756			1,609			1,621			1,425			1,426
Interest income & expense		(1,246	)		(988	)		(1,060	)		(898	)		(816	)		(732	)		(624	)		(435	)
Provision for income tax		4			12			19			13			—			43			8			26
EBITDA	$	(10,115	)	$	(5,556	)	$	(10,015	)	$	(20,215	)	$	(13,371	)	$	40		$	(48	)	$	(32,648	)
Stock-based compensation		4,083			3,563			3,087			338			165			(59	)		(58	)		252
Adjusted EBITDA	$	(6,032	)	$	(1,993	)	$	(6,928	)	$	(19,877	)	$	(13,206	)	$	(19	)	$	(106	)	$	(32,396	)
Subscription Metrics
TiVo-Owned subscription gross additions		101			74			91			221			92			77			104			276
TiVo-Owned subscription cancellations		(48	)		(44	)		(40	)		(38	)		(37	)		(37	)		(32	)		(25	)
TiVo-Owned churn rate per month		-1.0	%		-0.9	%		-0.9	%		-0.9	%		-1.0	%		-1.0	%		-0.9	%		-0.8	%
TiVo-Owned net additions		53			30			51			183			55			40			72			251
TiVo-Owned cumulative subscriptions		1,625			1,572			1,542			1,491			1,308			1,253			1,213			1,141
% of TiVo-Owned cumulative subscriptions paying recurring fees		55	%		53	%		52	%		51	%		51	%		51	%		51	%		50	%
Fully Amortized Active Lifetime Subscriptions		138			129			122			100			89			83			76			65
DIRECTV Net additions		-37			-29			2			173			379			214			247			447
Total subscription net additions		16			1			53			356			434			254			319			698
Total cumulative subscriptions		4,434			4,418			4,417			4,364			4,008			3,574			3,320			3,001
TiVo-Owned ARPU & Subscription Acquisition Costs
TiVo-Owned-related service revenues		41,427			41,229			38,942			36,703			33,659			32,764			31,245			26,234
TiVo-Owned average subscriptions		1,596			1,547			1,520			1,388			1,275			1,233			1,180			995
TiVo-Owned ARPU per month	$	8.65		$	8.88		$	8.54		$	8.82		$	8.80		$	8.86		$	8.83		$	8.79
TiVo-Owned total acquisition costs		29,004			23,664			21,132			36,349			28,255			16,610			15,584			38,532
TiVo-Owned subscription gross additions		101			74			91			221			92			77			104			276
TiVo-Owned subscription acquisition costs	$	287		$	320		$	232		$	164		$	307		$	216		$	150		$	140
DIRECTV ARPU & Subscription Acquisition Costs
DIRECTV-related service revenues		7,573			8,201			8,009			9,602			8,637			7,485			7,099			6,762
DIRECTV average subscriptions		2,837			2,858			2,881			2,818			2,505			2,200			1,994			1,622
DIRECTV ARPU per month	$	0.89		$	0.96		$	0.93		$	1.14		$	1.15		$	1.13		$	1.19		$	1.39

(1) This presentation is not prepared under a comprehensive set of accounting rules or principles such as GAAP. See attached reconciliation of Non-GAAP Key Financial Metrics and related notes for further explanation of these metrics presented herein.

Reconciliation of Non-GAAP Key Financial Metrics of TiVo Inc. and Related Notes

EBITDA and Adjusted EBITDA Results. TiVo’s “EBITDA” means income before interest income and expense, provision for income taxes and depreciation and amortization. TiVo’s “Adjusted EBITDA” is EBITDA less expense for stock-based compensation. EBITDA and Adjusted EBITDA are not measures of financial performance under generally accepted accounting principles, which we refer to as GAAP. TiVo’s EBITDA and Adjusted EBITDA results are calculated by adjusting GAAP net income to exclude the effects of items that management believes are not directly related to the underlying performance of TiVo’s core business operations. A table reconciling TiVo’s EBITDA and Adjusted EBITDA to GAAP net income is included with the condensed consolidated financial statements attached to this release. We have presented EBITDA and Adjusted EBITDA solely as supplemental disclosure because we believe they allow for a more complete analysis of our results of operations and we believe that EBITDA and Adjusted EBITDA are useful to investors because EBITDA and Adjusted EBITDA are commonly used to analyze companies on the basis of operating performance, leverage and liquidity. In addition, because of the variety of equity awards used by companies, the varying methodologies for determining stock-based compensation expense, and the subjective assumptions involved in those determinations, we believe excluding stock-based compensation enhances the ability of management and investors to compare our core operating results over multiple periods. We do not use stock-based compensation expense in our internal measures. A limitation associated with these non-GAAP measures is that they do not include any stock-based compensation expense related to hiring, retaining, and incentivizing the Company’s workforce. EBITDA and Adjusted EBITDA are not intended to represent, and should not be considered more meaningful than, or as an alternative to, measures of operating performance as determined in accordance with GAAP.

	Three Months Ended
(Subscriptions in thousands)	Oct 31, 2006		July 31, 2006		April 30, 2006		Jan 31, 2006		Oct 31, 2005		Jul 31, 2005		April 30, 2005		Jan 31, 2005
TiVo-Owned Subscription Gross Additions:	101		74		91		221		92		77		104		276
Subscription Net Additions:
TiVo-Owned	53		30		51		183		55		40		72		251
DIRECTV	-37		-29		2		173		379		214		247		447
Total Subscription Net Additions	16		1		53		356		434		254		319		698
Cumulative Subscriptions:
TiVo-Owned	1,625		1,572		1,542		1,491		1,308		1,253		1,213		1,141
DIRECTV	2,809		2,846		2,875		2,873		2,700		2,321		2,107		1,860
Total Cumulative Subscriptions	4,434		4,418		4,417		4,364		4,008		3,574		3,320		3,001
% of TiVo-Owned Cumulative Subscriptions paying recurring fees	55	%	53	%	52	%	51	%	51	%	51	%	51	%	50	%

	Three Months Ended
(Subscriptions in thousands)	Oct 31, 2006		July 31, 2006		April 30, 2006		Jan 31, 2006		Oct 31, 2005		Jul 31, 2005		April 30, 2005		Jan 31, 2005
Average TiVo-Owned subscriptions	1,596		1,547		1,520		1,388		1,275		1,233		1,180		995
Tivo-Owned subscription cancellations	(48	)	(44	)	(40	)	(38	)	(37	)	(37	)	(32	)	(25	)
Tivo-Owned Churn Rate per month	-1.0	%	-0.9	%	-0.9	%	-0.9	%	-1.0	%	-1.0	%	-0.9	%	-0.8	%

TiVo-Owned Churn Rate per Month. Management reviews this metric, and believes it may be useful to investors, in order to evaluate our ability to retain existing TiVo-Owned subscriptions (including both monthly and product lifetime subscriptions) by providing services that are competitive in the market. Management believes factors such as service enhancements, service commitments, higher customer satisfaction, and improved customer support may improve this metric. Conversely, management believes factors such as increased competition, lack of competitive service features, and increased price sensitivity may cause our TiVo-Owned Churn Rate per month to increase.

We define the TiVo-Owned Churn Rate per month as the total TiVo-Owned subscription cancellations in the period divided by the Average TiVo-Owned subscriptions for the period (including both monthly and product lifetime subscriptions), which then is divided by the number of months in the period. We calculate Average TiVo-Owned subscriptions for the period by adding the average TiVo-Owned subscriptions for each month and dividing by the number of months in the period. We calculate the average TiVo-Owned subscriptions for each month by adding the beginning and ending subscriptions for the month and dividing by two. We are not aware of any uniform standards for calculating churn and caution that our presentation may not be consistent with that of other companies.

	Three Months Ended
Subscription Acquisition Costs	Oct 31, 2006			Jul 31, 2006			April 30, 2006			Jan 31, 2006			Oct 31, 2005			Jul 31, 2005			April 30, 2005			Jan 31, 2005
										Adjusted			Adjusted			Adjusted
	(In thousands, except SAC)
Sales and marketing expenses	$	10,123		$	8,344		$	7,389		$	10,637		$	10,006		$	7,574		$	6,830		$	11,529
Rebates, revenue share, and other payments to channel		14,934			9,948			8,050			19,167			18,234			5,988			3,638			25,188
Hardware revenues		(27,978	)		(16,235	)		(9,453	)		(32,266	)		(24,652	)		(4,649	)		(10,526	)		(50,452	)
Cost of hardware revenues		31,925			21,607			15,146			38,811			24,667			7,697			15,642			52,267
Total Acquisition Costs		29,004			23,664			21,132			36,349			28,255			16,610			15,584			38,532
TiVo-Owned Subscription Gross Additions		101			74			91			221			92			77			104			276
Subscription Acquisition Costs (SAC)	$	287		$	320		$	232		$	164		$	307		$	216		$	150		$	140

Subscription Acquisition Cost or SAC. Management reviews this metric, and believes it may be useful to investors, in order to evaluate trends in the efficiency of our marketing programs and subscription acquisition strategies. We define SAC as our total acquisition costs for a given period divided by TiVo-Owned subscription gross additions for the same period. We define total acquisition costs as the sum of sales and marketing expenses, rebates, revenue share, and other payments to channel, minus hardware gross margin (defined as hardware revenues less cost of hardware revenues). We do not include DIRECTV subscription gross additions in our calculation of SAC because we incur limited or no acquisition costs for new DIRECTV subscriptions. We are not aware of any uniform standards for calculating total acquisition costs or SAC and caution that our presentation may not be consistent with that of other companies

Reconciliation of Non-GAAP Key Financial Metrics of TiVo Inc. and Related Notes

	Three Months Ended
TiVo-Owned Average Revenue per Subscription	Oct 31, 2006			July 31, 2006			April 30, 2006			Jan 31, 2006			Oct 31, 2005			Jul 31, 2005			April 30, 2005			Jan 31, 2005
	(In thousands, except ARPU)
Service and Technology revenues	$	52,616		$	52,880		$	55,109		$	46,968		$	43,197		$	40,674		$	40,020		$	34,165
Less: Technology revenues		(3,616	)		(3,450	)		(8,158	)		(663	)		(901	)		(425	)		(1,676	)		(1,169	)
Total Service revenues		49,000			49,430			46,951			46,305			42,296			40,249			38,344			32,996
Less: DIRECTV-related service revenues		(7,573	)		(8,201	)		(8,009	)		(9,602	)		(8,637	)		(7,485	)		(7,099	)		(6,762	)
TiVo-Owned-related service revenues		41,427			41,229			38,942			36,703			33,659			32,764			31,245			26,234
Average TiVo-Owned revenues per month		13,809			13,743			12,981			12,234			11,220			10,921			10,415			8,745
Average TiVo-Owned per month subscriptions		1,596			1,547			1,520			1,388			1,275			1,233			1,180			995
TiVo-Owned ARPU per month	$	8.65		$	8.88		$	8.54		$	8.82		$	8.80		$	8.86		$	8.83		$	8.79
	Three Months Ended
DIRECTV Average Revenue per Subscription	Oct 31, 2006			July 31, 2006			April 30, 2006			Jan 31, 2006			Oct 31, 2005			Jul 31, 2005			April 30, 2005			Jan 31, 2005
	(In thousands, except ARPU)
Service and Technology revenues	$	52,616		$	52,880		$	55,109		$	46,968		$	43,197		$	40,674		$	40,020		$	34,165
Less: Technology revenues		(3,616	)		(3,450	)		(8,158	)		(663	)		(901	)		(425	)		(1,676	)		(1,169	)
Total Service revenues		49,000			49,430			46,951			46,305			42,296			40,249			38,344			32,996
Less: TiVo-Owned-related service revenues		(41,427	)		(41,229	)		(38,942	)		(36,703	)		(33,659	)		(32,764	)		(31,245	)		(26,234	)
DIRECTV-related service revenues		7,573			8,201			8,009			9,602			8,637			7,485			7,099			6,762
Average DIRECTV revenues per month		2,524			2,734			2,670			3,201			2,879			2,495			2,366			2,254
Average DIRECTV per month subscriptions		2,837			2,858			2,881			2,818			2,505			2,200			1,994			1,622
DIRECTV ARPU per month	$	0.89		$	0.96		$	0.93		$	1.14		$	1.15		$	1.13		$	1.19		$	1.39

Average Revenue Per Subscription or ARPU. Management reviews this metric, and believes it may be useful to investors, in order to evaluate the potential of our subscription base to generate revenues from a variety of sources, including subscription fees, advertising, and audience measurement research. ARPU does not include rebates, revenue share and other payments to channel that reduce our GAAP revenues. Additionally, under the accounting policy for our bundled sales program, revenues associated with these bundled sales transactions, which were previously recognized as hardware revenues, are now being recognized in service revenues, which we believe will over time increase our ARPU as currently presented. As a result, you should not use ARPU as a substitute for measures of financial performance calculated in accordance with GAAP. Management believes it is useful to consider this metric excluding the costs associated with rebates, revenue share and other payments to channel because of the discretionary nature of these expenses and because management believes these expenses are more appropriately monitored as part of SAC. We are not aware of any uniform standards for calculating ARPU and caution that our presentation may not be consistent with that of other companies.

We calculate ARPU per month for TiVo-Owned subscriptions by subtracting DIRECTV-related service revenues (which includes DIRECTV subscription service revenues and DIRECTV-related advertising revenues) from our total reported service revenues and dividing the result by the number of months in the period. We then divide by Average TiVo-Owned subscriptions for the period, calculated as described above for churn rate. The above table shows this calculation and reconciles ARPU for TiVo-Owned subscriptions to our reported service and technology revenues.

We calculate ARPU per month for DIRECTV subscriptions by first subtracting TiVo-Owned-related service revenues (which includes TiVo-Owned subscription service revenues and TiVo-Owned related advertising revenues) from our total reported service revenues. Then we divide average revenues per month for DIRECTV-related service revenues by average subscriptions for the period. The above table shows this calculation and reconciles ARPU for DIRECTV subscriptions to service and technology revenues.

Beginning in the quarter ending April 30, 2006, pursuant to the most recent amendment of our agreement with DIRECTV, TiVo now defers a portion of the DIRECTV subscription fees equal to the fair value of the undelivered development services. Otherwise, the recurring subscriptions fees in this agreement are similar to the fees for the DIRECTV receivers with TiVo service activated since 2002.