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InterDigital, Inc.
NASDAQ: IDCC Technology IT 🔎 Screen
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$9.0B
Market Cap
27.0
P/E
3.40
PEG
108.1%
ROCE
41.5%
ROE
0.45
D/E
55.4%
OPM
-12.0%
% from 52W High
75
α RS
🔍 IDCC is showing a high-conviction setup because it matches 20 of 39 tracked screener presets, Sector RRG has Technology in the Leading quadrant with the trail still strengthening, and RS Rating is 75. Net: Broad signal stack, not a recommendation. ? Conviction RRG RS Rating
Sources
Conviction 20/39 · Technology in Leading quadrant · RS Rating 75
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🌏 Global Investor Returns
Currency-adjusted total returns for IDCC including FX impact
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📈 Price History
Ratio Health
Excellent
Good
Average
Poor
By Category
📊 Sector Averages
About

InterDigital, Inc. operates as a global research and development company focuses on wireless, visual, artificial intelligence (AI), and related technologies. The company engages in the design and development of technologies that enable connected in a range of communications and entertainment products and services, which are licensed to companies providing various products and services, including makers of wireless communications devices, consumer electronics, IoT devices, and cars and other motor vehicles, as well as providers of cloud-based services, such as video streaming. It designs and develops a range of innovations for use in digital cellular and wireless products and networks. The company also develops cellular technologies, such as technologies related to CDMA, TDMA, OFDM/OFDMA, and MIMO for use in 2G, 3G, 4G, and 5G wireless networks, as well as mobile terminal devices; and 3GPP technology portfolio in 5G advanced and 6G, as well as technologies for mobile phones, automobiles and autonomous vehicles, wearables, smart factories and smart homes, robots, drones, and other connected consumer electronic products. In addition, it provides video coding and transmission technologies, and artificial intelligence and machine learning solutions. Further, the company’s patented technologies are used in various products that include smartphones, tablets, consumer electronics, base stations, televisions, laptops, gaming consoles, set-top boxes, streaming devices, and connected automobiles, as well as patented technologies are used in various services, such as video streaming, user generated content sharing, video conferencing, video gaming, and other cloud-based services. InterDigital, Inc. was incorporated in 1972 and is headquartered in Wilmington, Delaware.

Key Ratios Snapshot
📈 Growth Pattern
📊 Quick Scorecard
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⭐ Superinvestors Holding IDCC
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Manager Shares Value % of Fund Period
Jim Simons Renaissance Technologies LLC 66.1K $20.0M 0.03% Mar 2026
Steve Cohen Point72 Asset Management 51.1K $15.4M 0.02% Mar 2026

SEC Form 13F data. 45-day lag from quarter end.

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📊 MIXED InterDigital Q1 2026: Revenue $205M, ARR $567M, 13% YoY growth, six new licenses
Revenue & Profitability
Revenue was $205 million, above the guidance range of $194-$200 million. Adjusted EBITDA was $112 million (54% margin), above the $101-$110 million guidance range. GAAP diluted EPS was $2.14, above the $1.61-$1.86 guidance; non-GAAP diluted EPS was $2.57, above the $2.39-$2.68 midpoint. Cash from operations was $16 million, with accounts receivable increasing $139 million due to new agreements.
Outlook
Management expects 6G standards to be finalized by 2029 with wide commercial deployment in 2030, and sees the company as ideally positioned to lead that transition. They also highlighted the expansion of haptic technology into streaming TV and video as a significant opportunity. Enforcement actions against TCL and Hisense were launched in Q1 2026.
Growth Drivers
Smartphone ARR reached a record $492 million, with eight of the top ten smartphone manufacturers licensed, including the top three through the end of the decade. New consumer electronics licenses were signed with LG and Sony, and video services enforcement actions (including an injunction against Disney) are progressing. The company has signed agreements with total contract value of $4.7 billion since 2021.
Balance Sheet & CapEx
Not discussed in this earnings call.
Margins
Adjusted EBITDA margin was 54% in Q1 2026, above the midpoint of guidance. For Q2 2026, based only on existing contracts, the company expects an adjusted EBITDA margin of approximately 50%. Licensing expenses rose in Q1 due to catch-up revenue from the new LG agreement, which carried corresponding revenue-share costs.
Key Risks
Risks include those described in the Risk Factors section of the 2025 annual report and other SEC filings, as noted in the forward-looking statements. In Q&A, the company acknowledged market uncertainty regarding volume exposure in hybrid agreements, which include guaranteed fixed fees and potential upside if shipments exceed thresholds. Enforcement costs also increased year-over-year.
Generated by AI · Q1 2026 results · Not investment advice
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✓ 📞 Earnings Call Transcripts (5 quarters) submit a missing quarter
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📞 Earnings Call Transcripts (5)
Q2 2026 Q2 2026 2026-07-30
Q2 results far exceeded guidance, with revenue of $260 million and strong growth in recurring revenue. Major milestones included a new Amazon agreement and two pan-European injunctions against Disney, driving momentum in streaming and cloud licensing.
Q1 2026 Q1 2026 2026-04-30
Q1 2026 results exceeded guidance with strong revenue, record smartphone ARR, and major licensing renewals. Legal wins and new technology initiatives reinforced IP strength, while fixed fee agreements provided stability amid market uncertainties.
Q4 2025 Q4 2025 2026-02-05
Q4 2025 delivered record revenue and EPS, capping a year of strong growth in licensing, patent portfolio, and AI capabilities. 2026 guidance remains robust, with ongoing litigation and renewals expected to drive further ARR gains.
Q3 2025 Q3 2025 2025-10-30
Revenue grew 28% year over year to $165 million, with ARR reaching $588 million, up 49%. Adjusted EBITDA margin rose to 64%, and non-GAAP EPS increased 56%. Major licensing wins, an AI acquisition, and strong capital returns position the company for continued growth.
Q2 2025 Q2 2025 2025-07-31
Record Q2 results driven by a landmark Samsung agreement boosted annualized recurring revenue by 44% year-over-year. Full-year 2025 guidance was raised, with strong growth in both smartphone and consumer electronics licensing, and significant capital returned to shareholders.
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📊 Analysis Methodology

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Financial Model
Projections are built from each company's audited annual financials (Income Statement, Balance Sheet, Cash Flow) over the last 5 fiscal years. Forward assumptions — revenue growth %, EBITDA margin, D&A (USD millions), interest expense, tax rate, and capex — are AI-generated using historical context and refreshed twice a year: after the December results season and after the September/Q4 results season.

DCF Valuation
Fair Value = Σ(FCFt / (1+WACC)t) + Terminal Value. Terminal Value uses the Gordon Growth Model: FCF5 × (1+g) / (WACC−g). Default WACC: 10% (US risk-free ~4.5%, equity risk premium ~5.5%). Default terminal growth: 3% (long-run US nominal GDP proxy).

CAGR Tracker
Expected 5-year CAGR = (DCF Fair Value / Current Price)1/5 − 1. Assumes fair value is reached in exactly 5 years — a mechanical estimate only.

Data Sources & Limitations
Financial statements sourced from public filings. Prices updated daily. Forward assumptions are AI-generated. All monetary values in USD millions. Non-US ADR companies may have currency conversion inaccuracies. Models are point-in-time and do not update intra-quarter or account for M&A, macro shocks, or extraordinary items.

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Investment Risk:
Investing in securities, including US equities and ETFs, involves inherent risks including the potential loss of principal. All investments are subject to market fluctuations, economic conditions, regulatory changes, and other factors that may affect their value. Past performance is not indicative of future results. This analysis is provided for informational and educational purposes only and should not be construed as investment advice under any circumstances.

No Investment Recommendation:
This analysis does not constitute, nor should it be interpreted as, an offer, solicitation, or recommendation to buy, sell, or hold any securities or financial products. Investors are strongly advised to conduct their own independent research and due diligence and to consult with a licensed financial advisor or an SEC-registered investment adviser before making any investment decisions, taking into account their individual financial situation, risk tolerance, and investment objectives.

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Information Sources:
The analysis is based on publicly available information including SEC filings (10-K, 10-Q), annual reports, management commentary, and publicly available financial data. Information is believed to be accurate as of the date of publication but may be subject to change without notice. Readers are encouraged to independently verify all information before acting upon it.

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