Yes. H265 or HEVC is supported.

The following formats are supported:

Video formats

H.264/HEVC SDR video up to 2160p, 60 fps, Main/Main 10 profiles

HEVC Dolby Vision (Profile 5)/HDR10 (Main 10 Profile) up to 2160p

H.264 Baseline Profile Level 3.0 or lower with AAC-LC audio up to 160 kbps per channel, 48 kHz, stereo audio in .m4v, .mp4 and .mov formats

MPEG-4 video: up to 2.5 Mbps, 640 x 480 pixels, 30 fps, Simple Profile with AAC-LC audio at up to 160 kbit/s, 48 kHz, stereo audio in .m4v, .mp4 and .mov formats

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Audio formats

HE-AAC (V1), AAC (up to 320 kbit/s), Protected AAC (from iTunes Store), MP3 (up to 320 kbit/s), MP3 VBR, Apple Lossless, FLAC, AIFF and WAV; AC-3 (Dolby Digital 5.1) and E-AC-3 (Dolby Digital Plus 7.1 Surround Sound)