What does InterDigital do and what are its main business segments?

Did InterDigital beat or miss consensus estimates last quarter?

What is InterDigital's latest dividend and current dividend yield?

What guidance did InterDigital's management provide for the next earnings period?

What factors drove the changes in InterDigital's revenue and profit?

What is the market's earnings forecast for InterDigital next quarter?

What were the key takeaways from InterDigital’s earnings call?

What were the key takeaways from InterDigital's earnings call?

- **Revenue and Profit Records**: 2025 revenue $834 million, ARR up 24%, non-GAAP EPS $15.31, all历史新高.
- **Smartphone Licensing Dominance**: 8/10 top vendors licensed, Samsung deal extended to 2030.
- **Video Service Enforcement Progress**: 4 injunctions against Disney, Amazon enforcement underway.
- **2026 Financial Guidance**: Revenue $675-775 million, EPS $8.74-11.84, targeting $1 billion ARR by 2030.
- **AI and Patent Leadership**: 38,000+ patents, leading 6G standards, and AI acquisition to drive innovation.

**【CEO Summary Section】**
- **2025 Record Performance**: Total revenue of $834 million, ARR reached $582 million (24% YoY growth), and non-GAAP EPS of $15.31, all-time highs.
- **Smartphone Licensing Dominance**: 8/10 top smartphone vendors licensed, including Samsung (extended to 2030), Vivo, Honor, and renewals with Xiaomi, Sharp, and Seiko.
- **CE/IoT Expansion**: New agreements with HP, LG Electronics (TVs), and a major social media company, covering video coding and WiFi patents.
- **Video Service Enforcement**: Filed lawsuits against Disney+ and Amazon, securing 4 injunctions in Brazil and Germany, with trials in key jurisdictions pending.
- **AI and R&D Leadership**: Acquired AI startup Deep Render, leading 6G standard development, and expanded patent portfolio to 38,000+ granted patents.
- **Recognition and Momentum**: Named Forbes #1 mid-cap company and showcased AI/6G innovations at Mobile World Congress.

**【CFO Financial Commentary】**
- **Q4 2025 Financials**: Revenue $158 million (vs. $144-148 million guidance), non-GAAP EPS $2.12, and free cash flow $48 million.
- **Full Year 2025**: Revenue $834 million, adjusted EBITDA $589 million, and non-GAAP EPS $15.31, up 4x from 2021.
- **2026 Outlook**: Revenue $675-775 million, adjusted EBITDA $381-477 million, and non-GAAP EPS $8.74-11.84, driven by ARR growth to $1 billion by 2030.
- **Q1 2026 Guidance**: Revenue $194-200 million, EBITDA margin 52-55%, and non-GAAP EPS $2.39-2.68, excluding new agreements.

**【Q&A Key Highlights】**
- **ARR Renewals**: 2/3 of $92 million expiring contracts renewed, with ongoing efforts to recover the remaining $32 million.
- **Litigation Costs**: Q4 saw $19 million in litigation expenses, expected to remain elevated in 2026.
- **Streaming vs. Smartphone Litigation**: New industry for streaming services requires demonstrating patent value, while smartphone licensing benefits from decades of established relationships.
- **M&A Strategy**: Open to strategic acquisitions to accelerate R&D, such as the Deep Render deal.

InterDigital, Inc. (IDCC) Q4 2025 Earnings Call Transcript

**Key Takeaways:**
- **Revenue and Licensing Dominance**: Q3 ARR of $588 million (49% YoY) driven by smartphone licensing (85% market coverage) and new IoT agreements.
- **AI and Video Innovation**: Acquisition of Deep Render accelerates AI-native video compression, positioning for next-gen standards and IoT growth.
- **Financial Strength**: Non-GAAP EPS of $2.55 (56% YoY), with $425 million YTD free cash flow and a $1 billion ARR target by 2030.
- **Proactive Enforcement**: Multi-jurisdictional lawsuits against Disney and Transcend highlight strategic IP monetization through litigation and negotiation.

**【CEO Summary Section】**
- **Revenue Growth and Licensing Expansion**: Q3 revenue reached $165 million (28% YoY), driven by smartphone licensing (85% of top 10 vendors under license) and new agreements with Honor, OPPO, and Vivo. Annualized Recurring Revenue (ARR) hit $588 million (49% YoY growth), nearing the $500 million smartphone ARR goal.
- **Strategic Acquisitions and Innovation**: Acquired AI startup Deep Render to accelerate AI-native video compression research, enhancing IP portfolio for next-gen video standards. Expanded IoT licensing to EV charging companies, signaling diversification beyond smartphones.
- **Litigation and Enforcement**: Initiated multi-jurisdictional lawsuits against Disney and Transcend for IP enforcement, with a Brazil court granting preliminary injunction against Disney. This reflects a proactive approach to monetizing IP through both negotiation and litigation.
- **Industry Recognition**: Named one of America's fastest-growing companies by Fortune and recognized for video innovation leadership.

**【CFO Financial Commentary】**
- **Financial Performance**: Q3 non-GAAP EPS of $2.55 (56% YoY), adjusted EBITDA of $105 million (62% YoY), and free cash flow of $381 million (Q3) and $425 million (YTD). Capital returns included $53 million in buybacks and a 17% dividend increase.
- **Growth Drivers**: Smartphone ARR at $491 million (65% YoY growth), with IoT ARR at $97 million (all-time high). Projected ARR to exceed $1 billion by 2030, supported by double-digit CAGR.
- **Liquidity and Efficiency**: Maintained a fortress balance sheet with $1.5 billion in catch-up revenue potential and 64% adjusted EBITDA margin.

**【Q&A Highlights】**
- **EV Charging and IoT Expansion**: EV charging agreements represent new growth in IoT, with plans to double IoT ARR by 2030. Smart TV licensing targets include LG, Hisense, and TCL.
- **Deep Render Integration**: AI-native video technology aims to influence next-gen video standards, with potential monetization through IP licensing and codec enhancements.
- **Litigation Impact**: Disney injunction and Transcend lawsuits signal a strategic shift to enforce IP rights, potentially influencing negotiations with other vendors.
- **M&A Strategy**: Actively evaluating opportunities in AI, wireless, and IoT, with a focus on IP-intensive assets and technological synergies.

InterDigital, Inc. (IDCC) Q3 2025 Earnings Call Transcript

- **$1B Samsung Deal**: 67% increase in annual payments, driving ARR to $553M (44% YoY growth).
- **Smartphone Dominance**: 80% market share under license, ARR near $500M target.
- **Record Financials**: Q2 EPS of $6.52, free cash flow >$400M for 2025, up 95% YoY.
- **6G Expansion**: Leading IoT and healthcare connectivity opportunities with 3GPP leadership.

**【CEO Summary Section】**
- **Samsung Arbitration Victory**: Secured an 8-year license agreement worth $1 billion annually ($131M/yr), a 67% increase over the prior agreement. This boosted annualized recurring revenue (ARR) to $553M, up 44% YoY.
- **Smartphone Program Momentum**: 80% of global smartphone market under license, with ARR from this segment at $465M, nearing the $500M target by 2027.
- **CE & IoT Expansion**: Signed a $65M Q2 deal with HP for Wi-Fi and video tech, driving a 175% YoY increase in CE/IoT revenue. Total post-2021 license value exceeds $4B.
- **6G Leadership**: Leading 3GPP standards with multiple chair positions, positioning for new monetization opportunities in IoT, healthcare, and automotive.

**【CFO Financial Commentary】**
- **Q2 Financial Highlights**: Revenue of $300M (vs. $170M guidance), driven by Samsung catch-up ($119M) and HP deal. Non-GAAP EPS reached $6.52, up 152% YoY. Adjusted EBITDA of $237M (79% margin), up 37% YoY.
- **Cash Flow & Share Buybacks**: Free cash flow of $92M, with $42M returned to shareholders ($26M buybacks, $16M dividend). Full-year free cash flow expected to exceed $400M, nearly doubling 2024 levels.
- **Updated Guidance**: Full-year 2025 revenue raised to $790-850M (midpoint +$110M), driven by Samsung and ongoing licensing progress.

**【Q&A Key Highlights】**
- **Tax Rate Outlook**: Long-term rate expected in mid-to-high teens, with potential benefits from new legislation.
- **Streaming Progress**: Engaged with major OTT players, though no deals yet. Disney litigation ongoing, with trials in late 2025/early 2026.
- **Contract Renewals**: Samsung and Apple renewals showed 67% and 15% increases, respectively. 2025 expiring contracts could impact 2026 ARR if not renewed.
- **6G Opportunities**: Expanding into IoT, smart cities, and healthcare, with potential new licensing channels beyond smartphones.

InterDigital, Inc. (IDCC) Q2 2025 Earnings Call Transcript

- **ARR Record**: $503 million ARR (30% YoY), driven by 80% smartphone market coverage and new HP/Vivo deals.
- **Financial Outperformance**: Q1 2025 EPS ($4.21) and EBITDA ($160 million) beat high-end guidance.
- **Strategic Momentum**: 6G R&D leadership, 50%+ PC market licensing, and $3.6 billion+ contracts since 2021.
- **Samsung Arbitration**: Resolution expected soon; potential $100+ million annual upside.
- **Shareholder Returns**: 50% dividend hike since Q3 2024; $21 million returned in Q1.

**【CEO Key Highlights】**
- Signed major agreements with **Vivo (smartphone)** and **HP (PC)**, driving ARR to **$503 million** (30% YoY growth, record high). Smartphone program ARR now exceeds **$380 million**.
- Secured licenses for **80% of global smartphone market** (7/10 top OEMs), targeting **$500 million ARR by 2027**.
- Showcased 6G R&D leadership at Mobile World Capital, with engineers demonstrating AI/Video/Wireless innovations.
- Increased dividend to **$0.60/share**, up 50% since Q3 2024.

**【CFO Financial Breakdown】**
- Q1 2025 Results (vs. Guidance):
  - **Revenue**: $211 million (vs. $116-206 million)
  - **Adjusted EBITDA**: $160 million (22% YoY growth)
  - **Non-GAAP EPS**: $4.21 (18% YoY, vs. $3.60-3.66 guidance)
- **ARR Growth**: $503 million (30% YoY), fueled by 70%+ smartphone market penetration.
- **Cash Flow**: Q1 free cash outflow ($47 million) due to licensee payment timing; expect **double-digit 2025 FCF growth**.
- **Capital Allocation**: $21 million returned to shareholders (buybacks/dividends), with $216 million remaining in buyback authorization.

**【Q&A Key Takeaways】**
1. **Samsung Arbitration**: Final decision pending; expects resolution soon. Current agreement covers 2023+ shipments.
2. **Disney Litigation**: Trial set for Q4 2025; InterDigital confident in IP value.
3. **Video Streaming**: Nokia/Amazon deal validates need for IP licensing; Disney case may accelerate industry adoption.
4. **Consumer IoT**: >50% PC market licensed (HP), 80%+ connected cars covered; targeting smart TVs (Samsung, LG, TCL).
5. **Convertibles**: No immediate conversion risk; stock price at $115+ vs. $100 strike price.

InterDigital (IDCC)-1 May 25-2025 Q1 Earnings call transcript

- **Revenue Growth Record**: Q4 2024 revenue up 140% YoY to $253 million, full-year $869 million (+58% YoY), driven by smartphone and IoT licensing wins.
- **Video Services Breakthrough**: Filed lawsuits against Disney for $25B+ streaming IP infringement, signaling expansion into $6T+ video ecosystem.
- **2025 Financial Ambition**: Guided for $660-760 million revenue, $400-495 million EBITDA, with 33% dividend hike to $0.60/share.
- **Long-Term Vision**: Targeting $1+ billion ARR and $600 million EBITDA by 2030, backed by 33,000+ patent portfolio and AI-driven innovation.
- **Geopolitical Resilience**: Neutral tech positioning mitigates China-US tensions; strong policy support for IP licensing model.

**【CEO Summary Section】**
- **Record 2024 Performance**: Q4 revenue surged 140% YoY to $253 million, driven by new agreements with OPPO, ZTE, and Lenovo. Full-year revenue reached $869 million (+58% YoY), with 70% of smartphone shipments covered under licenses.
- **Video Services Expansion**: Initiated multi-jurisdictional enforcement against Disney for streaming IP infringement, targeting $25B+ annual streaming revenue. 2024 saw 14 new licensing agreements, including Google and Samsung TV deals, with 30%+ of revenue from consumer electronics/IoT.
- **Long-Term Growth Targets**: Aiming for $1+ billion ARR and $600 million+ adjusted EBITDA by 2030. 2024 R&D investment resulted in 5,000+ new patent filings, total portfolio now 33,000+ assets.

**【CFO Financial Commentary】**
- **Q4 Financial Highlights**: GAAP EPS of $4.09, Non-GAAP EPS of $5.15. Full-year GAAP EPS of $12.07, Non-GAAP EPS of $14.97. Cash flow from operations: $272 million (2024), free cash flow: $213 million.
- **2025 Guidance**: Revenue $660-760 million, adjusted EBITDA $400-495 million, Non-GAAP EPS $9.69-12.92. Dividend increased 33% to $0.60/share, $230 million remaining on buyback authorization.
- **ARR Growth**: Ended 2024 with $468 million ARR, targeting double-digit growth in 2025 through renewals and new agreements.

**【Q&A Key Takeaways】**
- **Disney Litigation**: After 2.5 years of failed negotiations, enforcement actions filed. Potential impact on streaming services licensing pipeline.
- **Video Services Strategy**: Flexible monetization models (subscription-based or revenue share), targeting $300 million ARR by 2030.
- **Geopolitical Risk Mitigation**: Technology neutral to geopolitical tensions; IP model supported by policymakers as pro-competition.
- **Capital Allocation**: Prioritize shareholder returns (dividends, buybacks) while maintaining flexibility for growth investments.



Actual											0	0.72	0.76	-0.04	0.18	0.05	0.83	0.7	0.58	0.69	0.74	1.08	3.58	0.79	1.72	1.41	2.88	3.93	1.14	4.09	3.45	5.35	1.93	1.2
Forecast											0.0133	0.6725	0.155	-0.066	0.0125	-0.0933	0.4133	0.3733	0.38	0.5667	0.46	0.6425	0.5925	0.68	0.658	0.8909	2.7425	0.328	0.252	4.068	2.97	2.7433	1.53	1.1806
Surprise	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	-100.00%	+7.06%	+390.32%	+39.39%	+1340.00%	+153.59%	+100.82%	+87.52%	+52.63%	+21.76%	+60.87%	+68.09%	+504.22%	+16.18%	+161.40%	+58.27%	+5.01%	+1098.17%	+352.38%	+0.54%	+16.16%	+95.02%	+26.14%	+1.64%

IDCC

IDCC fundamentals

IDCC Q4 2025 Earnings

Earnings Call

You can ask Aime

IDCC

IDCC fundamentals

IDCC Q4 2025 Earnings

Earnings Call

IDCC Earnings Call Summary for Q4/202510:00 AM on Feb 5, 2026

IDCC Earnings Call Summary for Q3/202510:00 AM on Oct 30, 2025

IDCC Earnings Call Summary for Q2/202510:00 AM on Jul 31, 2025

IDCC Earnings Call Summary for Q1/202510:00 AM on May 1, 2025

IDCC Earnings Call Summary for Q4/202410:00 AM on Feb 6, 2025

You can ask Aime