IDCC - Earnings announcements

Revenue, Adjusted EBITDA1 and EPS above top end of guidanceNew agreements drive record Smartphone ARR2Company reaffirms full year 2026 guidance WILMINGTON, Del., April 30, 2026 (GLOBE NEWSWIRE) -- InterDigital, Inc. (NASDAQ:IDCC), a wireless, video, and AI technology research and development company, today announced results for the quarter ended March 31, 2026. "With six new agreements in the first quarter, including renewing Xiaomi to a long-term contract, we are off to a strong start in 2026. These new agreements drove our results above the top-end of our guidance as we continued our momentum across our licensing programs, our research and innovation pipeline, and our patent portfolio"

WILMINGTON, Del., April 14, 2026 (GLOBE NEWSWIRE) -- InterDigital, Inc. (NASDAQ:IDCC), a wireless, video and AI technology research and development company, today announced that the company will release its first quarter 2026 financial results before the market open on Thursday, April 30, 2026. InterDigital executives will host a conference call that same day at 10:00 a.m. Eastern Time (ET) to discuss the company performance. For a live webcast of the conference call visit www.interdigital.com and click on the "Webcast" link on the Investors page. The company encourages participants to take advantage of the webcast option. See below for dial-in details to join the call telephonically:US

Record year as licensing momentum drives a 24% increase in annualized recurring revenue1Near-record annual revenue drives all-time record levels of net income, adjusted EBITDA2, non-GAAP EPS3 and free-cash flow4 WILMINGTON, Del., Feb. 05, 2026 (GLOBE NEWSWIRE) -- InterDigital, Inc. (NASDAQ:IDCC), a wireless, video, and AI technology research and development company, today announced results for the fourth quarter and full year ended December 31, 2025. "We finished the year with another strong quarter to cap an outstanding performance in 2025," said InterDigital President and CEO, Liren Chen. "Through the year we accelerated momentum across our licensing programs, including a record perfor

WILMINGTON, Del., Jan. 13, 2026 (GLOBE NEWSWIRE) -- InterDigital, Inc. (NASDAQ:IDCC), a mobile, video and AI technology research and development company, today announced that the company will release its fourth quarter 2025 financial results before the market open on Thursday, February 5, 2026. InterDigital executives will host a conference call that same day at 10:00 a.m. Eastern Time (ET) to discuss the company performance. For a live webcast of the conference call visit www.interdigital.com and click on the "Webcast" link on the Investors page. The company encourages participants to take advantage of the webcast option. See below for dial-in details to join the call telephonically:US

New license agreements drive Revenue and EPS above increased outlookAnnualized recurring revenue1 at all-time high of $588 million, up 49% YoY WILMINGTON, Del., Oct. 30, 2025 (GLOBE NEWSWIRE) -- InterDigital, Inc. (NASDAQ:IDCC), a mobile, video, and AI technology research and development company, today announced results for the quarter ended September 30, 2025. Revenue of $164.7 million, up 28% year-over-year, driven by new license agreements.Net income was $67.5 million and diluted EPS was $1.93, up 97% and 69% year-over-year, respectively.Non-GAAP EPS2 at $2.55, up 56% year-over-year and Adjusted EBITDA3 of $104.9 million, up 62% year-over-year. "This was another outstanding quarter f

WILMINGTON, Del., Oct. 14, 2025 (GLOBE NEWSWIRE) -- InterDigital, Inc. (NASDAQ:IDCC), a mobile, video and AI technology research and development company, today announced that the company will release its third quarter 2025 financial results before the market open on Thursday, October 30, 2025. InterDigital executives will host a conference call that same day at 10:00 a.m. Eastern Time (ET) to discuss the company performance. For a live webcast of the conference call visit www.interdigital.com and click on the "Webcast" link on the Investors page. The company encourages participants to take advantage of the webcast option. For telephone access to the conference call, visit www.interdigit

Samsung arbitration decision and new HP license agreement drive Q2 results, exceeding outlookAnnualized recurring revenue1, at all-time high of $553 million, up 44% YoYCompany raises full year 2025 revenue guidance by $110 million WILMINGTON, Del., July 31, 2025 (GLOBE NEWSWIRE) -- InterDigital, Inc. (NASDAQ:IDCC), a mobile, video, and AI technology research and development company, today announced results for the quarter ended June 30, 2025. Revenue of $300.6 million, up 34% year-over-year, driven by the conclusion of the Samsung arbitration and the new license agreement with HP.Net income was $180.6 million and diluted EPS was $5.35, up year-over-year 65% and 36%, respectively.

WILMINGTON, Del., July 15, 2025 (GLOBE NEWSWIRE) -- InterDigital, Inc. (NASDAQ:IDCC), a mobile, video and AI technology research and development company, today announced that the company will release its second quarter 2025 financial results before the market open on Thursday, July 31, 2025. InterDigital executives will host a conference call that same day at 10:00 a.m. Eastern Time (ET) to discuss the company performance. For a live webcast of the conference call visit www.interdigital.com and click on the "Webcast" link on the Investors page. The company encourages participants to take advantage of the webcast option. For telephone access to the conference call, visit www.interdigital

Revenue, Adjusted EBITDA2 and EPS above top end of guidanceAll-time record annualized recurring revenue4, up 30% YoYCompany reaffirms full year 2025 guidance WILMINGTON, Del., May 01, 2025 (GLOBE NEWSWIRE) -- InterDigital, Inc. (NASDAQ:IDCC), a mobile, video, and AI technology research and development company, today announced results for the quarter ended March 31, 2025. "In the first quarter, we licensed vivo Mobile, a major smartphone vendor, to drive revenue above the top end of our guidance and increase our annualized recurring revenue to a record level. We now have seven of the ten largest smartphone vendors and almost 80% of the entire global smartphone market under license," comme

WILMINGTON, Del., April 15, 2025 (GLOBE NEWSWIRE) -- InterDigital, Inc. (NASDAQ:IDCC), a mobile, video and AI technology research and development company, today announced that the company will release its first quarter 2025 financial results before the market open on Thursday, May 1, 2025. InterDigital executives will host a conference call that same day at 10:00 a.m. Eastern Time (ET) to discuss the company performance. For a live webcast of the conference call visit www.interdigital.com and click on the "Webcast" link on the Investors page. The company encourages participants to take advantage of the webcast option. For telephone access to the conference call, visit www.interdigital.c

WILMINGTON, Del., Feb. 06, 2025 (GLOBE NEWSWIRE) -- InterDigital, Inc. (NASDAQ:IDCC), a mobile, video, and AI technology research and development company, today announced results for the fourth quarter and full year ended December 31, 2024. "Our business momentum accelerated through the fourth quarter with revenue up 140% year-over-year to $253 million. 2024 was another outstanding year for the company with record revenue of $869 million, a 58% year-over-year increase, thanks to increased momentum across all of our licensing programs and new agreements with some of the world's largest device makers," commented InterDigital CEO and President Liren Chen. "It is clear that our innovation p

WILMINGTON, Del., Jan. 23, 2025 (GLOBE NEWSWIRE) -- InterDigital, Inc. (NASDAQ:IDCC), a mobile, video and AI technology research and development company, today announced that the company will release its fourth quarter 2024 financial results before the market open on Thursday, February 6, 2025. InterDigital executives will host a conference call that same day at 10:00 a.m. Eastern Time (ET) to discuss the company performance. For a live webcast of the conference call visit www.interdigital.com and click on the "Webcast" link on the Investors page. The company encourages participants to take advantage of the webcast option. For telephone access to the conference call, visit www.interdigi

WILMINGTON, Del., Oct. 31, 2024 (GLOBE NEWSWIRE) -- InterDigital, Inc. (NASDAQ:IDCC), a mobile, video, and AI technology research and development company, today announced results for the quarter ended September 30, 2024. "In the third quarter we delivered revenues of about $129 million, exceeding the top end of our guidance, driven by a strong performance from our consumer electronics and IoT licensing program," commented InterDigital CEO and President Liren Chen. "In addition, at the start of the fourth quarter, we announced a new license agreement with OPPO Group, a top smartphone vendor, and a binding arbitration agreement with Lenovo. Given the increasing momentum across the business,

WILMINGTON, Del., Oct. 15, 2024 (GLOBE NEWSWIRE) -- InterDigital, Inc. (NASDAQ:IDCC), a mobile, video and AI technology research and development company, today announced that the company will release its third quarter 2024 financial results before the market open on Thursday, October 31, 2024. InterDigital executives will host a conference call that same day at 10:00 a.m. Eastern Time (ET) to discuss the company performance. For a live webcast of the conference call visit www.interdigital.com and click on the "Webcast" link on the Investors page. The company encourages participants to take advantage of the webcast option. For telephone access to the conference call, visit www.inte

WILMINGTON, Del., Aug. 01, 2024 (GLOBE NEWSWIRE) -- InterDigital, Inc. (NASDAQ:IDCC), a mobile, video, and AI technology research and development company, today announced results for the quarter ended June 30, 2024. "Our performance in the second quarter far exceeded the outlook and highlights how we continue to execute on our strategy and strengthen our innovation pipeline to support long-term growth," commented Liren Chen, CEO and President, InterDigital. "Given our all-time record revenue for the first half of the year and our increasing momentum across the business, we are raising our full-year revenue guidance by $70 million to between $690 million and $740 million." 2024 Fi

WILMINGTON, Del., July 18, 2024 (GLOBE NEWSWIRE) -- InterDigital, Inc. (NASDAQ:IDCC), a mobile, video and AI technology research and development company, today announced that the company will release its second quarter 2024 financial results before the market open on Thursday, August 1, 2024. InterDigital executives will host a conference call that same day at 10:00 a.m. Eastern Time (ET) to discuss the company performance. For a live webcast of the conference call visit www.interdigital.com and click on the "Webcast" link on the Investors page. The company encourages participants to take advantage of the webcast option. For telephone access to the conference call, visit www.inter

New license agreements drive 30% increase in YoY revenue and record quarter for Consumer Electronics Company reaffirms full year 2024 guidance WILMINGTON, Del., May 02, 2024 (GLOBE NEWSWIRE) --  InterDigital, Inc. (NASDAQ:IDCC), a mobile, video, and AI technology research and development company, today announced results for the quarter ended March 31, 2024. "InterDigital made significant progress in first quarter towards our 2024 revenue guidance of $620 million to $670 million," commented Liren Chen, President and CEO, InterDigital. "Revenue was $264 million for the quarter, one of the highest quarters in our history, and included an all-time high for our CE and IoT licensing program.

WILMINGTON, Del. , April 19, 2024 (GLOBE NEWSWIRE) -- InterDigital, Inc. (NASDAQ:IDCC), a mobile, video and AI technology research and development company, today announced that the company will release its first quarter 2024 financial results before the market open on Thursday, May 2, 2024. InterDigital executives will host a conference call that same day at 10:00 a.m. Eastern Time (ET) to discuss the company performance. For a live webcast of the conference call visit www.interdigital.com and click on the "Webcast" link on the Investors page. The company encourages participants to take advantage of the webcast option. For telephone access to the conference call, visit www.interdigital.

Revenue growth of 20%, significant margin expansion and record return of capital highlight 2023 results Full year 2024 revenue expected in a range of $620 million to $670 million WILMINGTON, Del., Feb. 15, 2024 (GLOBE NEWSWIRE) -- InterDigital, Inc. (NASDAQ:IDCC), a mobile, video, and AI technology research and development company, today announced results for the fourth quarter and full year ended December 31, 2023. "InterDigital delivered significant growth in 2023, driven by accelerating innovation and licensing momentum," commented Liren Chen, President and CEO, InterDigital. "Revenue increased 20%, profit margins expanded significantly, and we returned a record amount of capital to

WILMINGTON, Del., Jan. 16, 2024 (GLOBE NEWSWIRE) -- InterDigital, Inc. (NASDAQ:IDCC), a mobile and video technology research and development company, today announced selected unaudited preliminary financial results for the quarter ended December 31, 2023, and an initial outlook for first quarter 2024. Q4 2023 Preliminary Results GAAP The company expects total revenue to be approximately $105 million, comprised primarily of recurring revenue and in line with prior guidance.The company expects operating expenses to be approximately $81 million, updated from its previous expectation of $77 to $79 million. The increase related to higher litigation costs and performance-based compensation.Ne

WILMINGTON, Del., Nov. 02, 2023 (GLOBE NEWSWIRE) -- InterDigital, Inc. (NASDAQ:IDCC), a mobile and video technology research and development company, today announced results for the quarter ended September 30, 2023. "We delivered robust revenue growth in both the smartphone and CE and IoT markets, and upside to our financial targets in the third quarter driven by strong licensing activity, including an agreement with Lenovo for our HEVC video patents," commented Liren Chen, President and CEO, InterDigital. "This agreement highlights our progress in realizing value from our video compression IP, demonstrating that we have multiple avenues for driving growth across the business. With mome

WILMINGTON, Del., Oct. 17, 2023 (GLOBE NEWSWIRE) -- InterDigital, Inc. (NASDAQ:IDCC), a mobile and video technology research and development company, today announced that the company will release its third quarter 2023 financial results before market open on Thursday, November 2, 2023. InterDigital executives will host a conference call that same day at 10:00 a.m. Eastern Time (ET) to discuss the company's performance. For a live Internet webcast of the conference call, visit www.interdigital.com and click on the "Webcast" link on the Investors page. The company encourages participants to take advantage of the Internet option. For telephone access to the conference call, visit www.inter

WILMINGTON, Del., Aug. 03, 2023 (GLOBE NEWSWIRE) -- InterDigital, Inc. (NASDAQ:IDCC), a mobile and video technology research and development company, today announced results for the quarter ended June 30, 2023. "This was another strong quarter for the business where we added to our recent momentum," commented Liren Chen, President and CEO, InterDigital. "The UK High Court increased the Lenovo license to $184.9 million, which bolstered our cash balance to approximately $1 billion. Our financial strength, combined with our innovation leadership, puts us in a strong position to build on our recent progress and deliver considerable value to our shareholders." Second Quarter 2023 Financia

WILMINGTON, Del., July 18, 2023 (GLOBE NEWSWIRE) -- InterDigital, Inc. (NASDAQ:IDCC), a mobile and video technology research and development company, today announced that the company will release its second quarter 2023 financial results before market open on Thursday, August 3, 2023. InterDigital executives will host a conference call that same day at 10:00 a.m. Eastern Time (ET) to discuss the company's performance. For a live Internet webcast of the conference call, visit www.interdigital.com and click on the "Webcast" link on the Investors page. The company encourages participants to take advantage of the Internet option. For telephone access to the conference call, visit www.interd

WILMINGTON, Del., May 04, 2023 (GLOBE NEWSWIRE) -- InterDigital, Inc. (NASDAQ:IDCC), a mobile and video technology research and development company, today announced results for the quarter ended March 31, 2023. "In the first quarter, we continued to make strong progress in executing against our long-term goals," commented Liren Chen, President and CEO, InterDigital. "The recent Lenovo judgment, along with our Samsung arbitration agreement and the 2022 Apple renewal, drove exceptional financial results in first quarter 2023 and provide a strong recurring revenue base well into the future." First Quarter 2023 Financial Highlights, as compared to First Quarter 2022: GAAP Total rev

WILMINGTON, Del., April 13, 2023 (GLOBE NEWSWIRE) -- InterDigital, Inc. (NASDAQ:IDCC), a mobile and video technology research and development company, today announced that the company will release its first quarter 2023 financial results before market open on Thursday, May 4, 2023. InterDigital executives will host a conference call that same day at 10:00 a.m. Eastern Time (ET) to discuss the company's performance. For a live Internet webcast of the conference call, visit www.interdigital.com and click on the "Webcast" link on the Investors page. The company encourages participants to take advantage of the Internet option. For telephone access to the conference call, visit www.interdigi

WILMINGTON, Del., Feb. 15, 2023 (GLOBE NEWSWIRE) -- InterDigital, Inc. (NASDAQ:IDCC), a mobile and video technology research and development company, today announced results for the fourth quarter and full year ended December 31, 2022. "We are thrilled to have delivered another excellent performance in 2022, highlighted by record setting level of recurring revenue of almost $404 million, Samsung's recent agreement for binding arbitration to take a new license following Apple's renewal in third quarter, and outstanding performance in consumer electronics, IoT/Auto licensing," commented Liren Chen, President and CEO, InterDigital. "Building on the strength of last ye

WILMINGTON, Del., Jan. 19, 2023 (GLOBE NEWSWIRE) -- InterDigital, Inc. (NASDAQ:IDCC), a mobile and video technology research and development company, today announced selected and unaudited preliminary financial results for the quarter ended December 31, 2022. The company expects total revenue to be approximately $114 million, including recurring revenue of $101 million. The update from the company's prior expectation of $98 to $102 million was driven primarily by new agreements signed in the second half of the quarter.The company expects operating expenses to be approximately $79 million, updated from its previous expectation of $76 to $79 million.The company expects net non-operating inc

WILMINGTON, Del., Nov. 03, 2022 (GLOBE NEWSWIRE) -- InterDigital, Inc. (NASDAQ:IDCC), a mobile and video technology research and development company, today announced results for the quarter ended September 30, 2022. "We significantly strengthened our business by renewing our license with Apple through 2029," said Liren Chen, CEO and President of InterDigital. "In addition, new agreements drove our sixth consecutive quarter of recurring revenue growth in the consumer electronics and IoT/automotive markets. All together, we have signed sixteen agreements over the last eighteen months with a total estimated contract value of more than $1.5 billion. I look forward to building on this foundati

WILMINGTON, Del., Oct. 06, 2022 (GLOBE NEWSWIRE) -- InterDigital, Inc. (NASDAQ:IDCC), a mobile and video technology research and development company, today announced that the company will release its third quarter 2022 financial results before market open on Thursday, November 3, 2022. InterDigital executives will host a conference call that same day at 10:00 a.m. Eastern Time (ET) to discuss the company's performance. For a live Internet webcast of the conference call, visit www.interdigital.com and click on the "Webcast" link on the Investors page. The company encourages participants to take advantage of the Internet option. For telephone access to the conference call, visit www.inter

WILMINGTON, Del., Aug. 04, 2022 (GLOBE NEWSWIRE) --  InterDigital, Inc. (NASDAQ:IDCC), a mobile and video technology research and development company, today announced results for the quarter ended June 30, 2022. "Our success in executing across all parts of the business helped us to again deliver an excellent financial performance in the second quarter as we saw outstanding growth in revenue and net income driven by several new license agreements," said Liren Chen, President and CEO of InterDigital. "While we continue to see considerable upside in our core smartphone market, our recent track record demonstrates our success in converting opportunities outside of the smartphone space into

WILMINGTON, Del., July 13, 2022 (GLOBE NEWSWIRE) -- InterDigital, Inc. (NASDAQ:IDCC), a mobile and video technology research and development company, today announced that the company will release its second quarter 2022 financial results before market open on Thursday, August 4, 2022. InterDigital executives will host a conference call that same day at 10:00 a.m. Eastern Time (ET) to discuss the company's performance. For a live Internet webcast of the conference call, visit www.interdigital.com and click on the link to the live webcast on the Investors page. The company encourages participants to take advantage of the Internet option. For telephone access to the conference call, visit

WILMINGTON, Del., May 05, 2022 (GLOBE NEWSWIRE) -- InterDigital, Inc. (NASDAQ:IDCC), a mobile and video technology research and development company, today announced results for the quarter ended March 31, 2022. "This was another excellent quarter, once again showing the continuing licensing momentum and the strength of our recurring revenue base at a time when our technology is more important than ever," said Liren Chen, CEO and President of InterDigital. "I am particularly pleased with our strong outlook for second quarter 2022 with additional revenue expected from our auto and IoT licensing programs. Our second quarter expectations also highlight the operating leverage within our busi

WILMINGTON, Del., April 14, 2022 (GLOBE NEWSWIRE) -- InterDigital, Inc. (NASDAQ:IDCC), a mobile and video technology research and development company, today announced that the company will release its first quarter 2022 financial results before market open on Thursday, May 5, 2022. InterDigital executives will host a conference call that same day at 10:00 a.m. Eastern Time (ET) to discuss the company's financial performance and other company matters. For a live Internet webcast of the conference call, visit www.interdigital.com and click on the link to the live webcast on the Investors page. The company encourages participants to take advantage of the Internet option. For telephone acce

WILMINGTON, Del., Feb. 17, 2022 (GLOBE NEWSWIRE) -- InterDigital, Inc. (NASDAQ:IDCC), a mobile and video technology research and development company, today announced results for the fourth quarter and full year ended December 31, 2021. "We closed 2021 by signing five license agreements in the fourth quarter, bringing the total number of new license agreements, including renewals, for the year up to a record of 13," said Liren Chen, President and CEO of InterDigital. "These agreements reflect both our customers' respect for the strength and value of our innovative technologies as well as our ability to execute across our business." Fourth Quarter 2021 Financial Highlights Total revenue o

WILMINGTON, Del., Jan. 19, 2022 (GLOBE NEWSWIRE) -- InterDigital, Inc. (NASDAQ:IDCC), a mobile and video technology research and development company, today announced that the company will release its fourth quarter and full year 2021 financial results before market open on Thursday, February 17, 2022. InterDigital executives will host a conference call that same day at 10:00 a.m. Eastern Time (ET) to discuss the company's financial performance and other company matters. For a live Internet webcast of the conference call, visit www.interdigital.com and click on the link to the live webcast on the Investors page. The company encourages participants to take advantage of the Internet option.

WILMINGTON, Del., Nov. 04, 2021 (GLOBE NEWSWIRE) -- InterDigital, Inc. (NASDAQ:IDCC), a mobile and video technology research and development company, today announced results for the quarter ended September 30, 2021. Third Quarter 2021 Financial Highlights Total revenue of $143.5 million increased 64% from $87.5 million in third quarter 2020. Recurring revenue was $93.4 million, compared to recurring revenue of $87.0 million in third quarter 2020. The increase in both total and recurring revenue was primarily driven by additional revenues from ten new patent license agreements signed in the last twelve months, including agreements with Xiaomi and a top ten global TV manufacturer signed in

WILMINGTON, Del., Oct. 07, 2021 (GLOBE NEWSWIRE) -- InterDigital, Inc. (NASDAQ:IDCC), a mobile and video technology research and development company, today announced that the company will release its third quarter 2021 financial results before market open on Thursday, November 4, 2021. InterDigital executives will host a conference call that same day at 10:00 a.m. Eastern Time (ET) to discuss the company's financial performance and other company matters. For a live Internet webcast of the conference call, visit www.interdigital.com and click on the link to the live webcast on the Investors page. The company encourages participants to take advantage of the Internet option. For telephone

WILMINGTON, Del., Aug. 05, 2021 (GLOBE NEWSWIRE) -- InterDigital, Inc. (NASDAQ:IDCC), a mobile and video technology research and development company, today announced results for the quarter ended June 30, 2021. Second Quarter 2021 Financial Highlights Recurring revenue was $78.1 million, compared to recurring revenue of $85.2 million in second quarter 2020.  Total revenue was $87.7 million, compared to $104.5 million in second quarter 2020.  As previously disclosed, second quarter 2020 included recurring revenue from a handset manufacturer that has since exited the business, and non-current patent royalties from a fixed-fee patent license agreement. Second quarter 2021 revenue did not in

WILMINGTON, Del., May 06, 2021 (GLOBE NEWSWIRE) -- InterDigital, Inc. (NASDAQ:IDCC), a mobile and video technology research and development company, today announced results for the quarter ended March 31, 2021. First Quarter 2021 Financial Highlights Recurring revenue was $78.6 million, compared to recurring revenue of $75.5 million in first quarter 2020, a 4% year-over-year increase. Total revenue was $82.4 million, compared to $76.2 million in first quarter 2020, an 8% year-over-year increase.Operating expenses were $70.4 million, compared to $71.5 million in first quarter 2020.Operating income increased to $12.0 million, compared to $4.7 million in first quarter 2020.Net income1 was $