InterDigital, Inc.
Description
InterDigital, Inc. operates as a global research and development company with focus primarily 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 such products and services, including makers of wireless communications, 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, including 2G, 3G, 4G, 5G, and IEEE 802-related 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, 5G, advanced and 6G, as well as technologies for automobiles, wearables, smart homes, drones, and other connected consumer electronic products. In addition, it provides video coding and transmission technologies; and engages in the research and development of artificial intelligence and machine learning solutions. Further, the company's patented technologies are used in various products that include smartphones, tablets, consumer electronics, and base stations; televisions, laptops, gaming consoles, set-top boxes, streaming devices, and connected automobiles. InterDigital, Inc. was incorporated in 1972 and is headquartered in Wilmington, Delaware.
About
CEO
Mr. Lawrence Chen J.D.
Employees
450
Instrument type
Common Stock
Sector
Technology
Industry
Software - Application
MIC code
XNGS
Address
200 Bellevue Parkway, Wilmington, DE 19809-3727, United States
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Oscillators
No data available
Summary
No data available
Moving Averages
No data available
Earnings
| Date | Estimate EPS | Actual EPS | Difference | % Surprise |
|---|---|---|---|---|
| Oct 29, 2025 | — | — | — | — |
| Jul 30, 2025 | — | — | — | — |
| Apr 30, 2025 | — | — | — | — |
| Feb 6, 2025 | 4.12 | — | — | — |
Earnings estimate
|
Next Quarter
(Mar 2025)
|
Next Year
(Dec 2025)
|
|||
|---|---|---|---|---|
| Number of analysts | — | 3 | — | 3 |
| Average estimate | — | 1.17 | — | 4.67 |
| Low estimate | — | 0.84 | — | 3.35 |
| High estimate | — | 1.34 | — | 5.60 |
| Last year EPS | — | 2.88 | — | 11.79 |
[stock_revenue_estimate]
Growth estimates
Current qtr
276.600%
Next qtr. (Mar 2025)
-51.540%
Current year
63.650%
Next year (Dec 2025)
-50.580%
Next 5 years (per annum)
—
Past 5 years (per annum)
—
Income statement
| 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|
| Fiscal date | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
| Total reported revenue | 549.59M | 457.79M | 425.41M | 358.99M | 318.92M |
| Cost of revenue | 79.40M | 71.42M | 64.63M | 170.18M | 154.94M |
| Gross profit | 470.19M | 386.38M | 360.78M | 188.81M | 163.98M |
| Operating expense | |||||
| Research & development | 195.29M | 185.20M | 200.48M | 84.65M | 74.86M |
| Selling general and admin | 53.29M | 47.38M | 61.22M | 49.00M | 51.29M |
| Other operating expenses | — | — | — | — | — |
| Operating income | 221.62M | 153.80M | 99.08M | 55.17M | 37.84M |
| Non operating interest income | |||||
| Income | 46.63M | 14.45M | 1.69M | 5.66M | 13.46M |
| Expense | 44.82M | 29.50M | 25.23M | 40.80M | 40.96M |
| Other income expense | 11.18M | -21.19M | -17.99M | 11.26M | 15.60M |
| Pretax income | 234.61M | 117.56M | 57.56M | 31.29M | 25.94M |
| Tax provision | 23.56M | 25.50M | 15.37M | -6.65M | 10.99M |
| Net income | 211.05M | 92.06M | 42.19M | 37.94M | 14.95M |
| Basic EPS | 7.97 | 3.11 | 1.80 | 1.46 | 0.66 |
| Diluted EPS | 7.62 | 3.07 | 1.77 | 1.44 | 0.66 |
| Basic average shares | 26.86M | 30.11M | 30.76M | 30.78M | 31.55M |
| Diluted average shares | 26.86M | 30.11M | 30.76M | 30.78M | 31.55M |
| EBITDA | 357.22M | 240.10M | 188.85M | 153.13M | 126.79M |
| Net income from continuing op. | 211.05M | 92.06M | 42.19M | 37.94M | 14.95M |
| Minority interests | 3.02M | 1.63M | 13.11M | 6.86M | 5.98M |
| Preferred stock dividends | — | — | — | — | — |
Balance sheet
| 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|
| Fiscal date | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
| Total assets | 1.77B | 1.90B | 1.63B | 1.62B | 1.61B |
| Current assets | |||||
| Cash | — | — | — | — | — |
| Cash equivalents | — | — | — | — | — |
| Cash and cash equivalents | 437.08M | 693.48M | 706.28M | 473.47M | 745.49M |
| Other short term investments | 569.28M | 508.30M | 235.35M | 453.17M | 179.20M |
| Accounts receivable | 117.29M | 53.18M | 31.11M | 16.01M | 28.27M |
| Other receivables | — | — | — | 817,000 | — |
| Inventory | — | — | — | — | — |
| Prepaid assets | 9.35M | 9.04M | 5.48M | 10.90M | 16.81M |
| Restricted cash | 5.89M | 9.68M | 5.86M | — | — |
| Assets held for sale | — | 4.00M | 4.00M | — | — |
| Hedging assets | — | — | — | — | — |
| Other current assets | 8.90M | 2.87M | 5.08M | 3.73M | 8.53M |
| Non current assets | |||||
| Properties | 16.81M | 19.35M | 19.32M | 23.64M | 1.33M |
| Land and improvements | — | — | — | — | — |
| Machinery furniture equipment | 16.50M | 15.81M | 15.59M | 17.05M | 12.44M |
| Construction in progress | — | — | — | — | — |
| Leases | 14.80M | 12.64M | 11.74M | 11.08M | 11.32M |
| Accumulated depreciation | -24.31M | -21.95M | -19.00M | -16.23M | -18.57M |
| Goodwill | 357.84M | 398.84M | 408.43M | 463.19M | 436.34M |
| Investment properties | — | — | — | — | — |
| Financial assets | — | — | — | — | — |
| Intangible assets | 313.00M | 354.00M | 363.59M | 418.34M | 436.34M |
| Investments and advances | 31.90M | 19.59M | 21.28M | 15.49M | — |
| Other non current assets | 208.56M | 130.05M | 139.36M | 118.39M | 149.19M |
| Total liabilities | 1.19B | 1.17B | 875.24M | 819.71M | 825.80M |
| Current liabilities | |||||
| Accounts payable | 7.85M | 10.00M | 7.16M | 10.98M | 13.39M |
| Accrued expenses | 98.04M | 23.51M | 29.35M | 21.65M | 11.38M |
| Short term debt | 578.75M | — | — | — | 94.17M |
| Deferred revenue | 153.60M | 189.06M | 291.67M | 219.94M | 146.65M |
| Tax payable | — | — | — | 360,000 | 51,000 |
| Pensions | 32.67M | 38.40M | 32.64M | 32.41M | 29.16M |
| Other current liabilities | — | — | — | — | — |
| Non current liabilities | |||||
| Long term debt | 46.40M | 626.99M | 422.75M | 367.99M | 350.59M |
| Provision for risks and charges | — | — | — | — | — |
| Deferred liabilities | — | — | — | — | — |
| Derivative product liabilities | — | — | — | — | — |
| Other non current liabilities | 19.45M | 19.60M | 61.47M | 47.89M | 46.00M |
| Shareholders equity | |||||
| Common stock | 694,000 | 719,000 | 717,000 | 714,000 | 712,000 |
| Retained earnings | 1.46B | 1.49B | 1.44B | 1.41B | 1.41B |
| Other shareholders equity | -647,000 | -916,000 | -571,000 | -184,000 | -74,000 |
| Total shareholders equity | 581.55M | 730.51M | 752.92M | 796.57M | 786.28M |
| Additional paid in capital | 742.98M | 717.10M | 713.60M | 738.48M | 727.40M |
| Treasury stock | 1.62B | 1.48B | 1.41B | 1.38B | 1.38B |
| Minority interest | — | 5.62M | 7.68M | 23.20M | 24.72M |
Cash flow statement
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 | 1995 | 1994 | 1993 | 1992 | 1991 | 1990 | 1989 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||||||||||||||||||||||
| Net Income | 211.05M | 92.06M | 42.19M | 37.94M | 14.95M | 59.48M | 170.71M | 305.48M | 116.39M | 101.42M | 35.68M | 271.80M | 89.47M | 153.62M | 87.26M | 26.21M | 20.00M | 225.22M | 54.69M | 155,000 | 34.47M | 2.51M | -19.28M | 5.69M | 26.71M | 36.97M | -34.27M | -11.60M | 34.60M | -14.10M | -34.70M | -22.60M | -6.20M | -12.00M | -19.10M |
| Depreciation | 77.79M | 78.57M | 78.19M | 81.04M | 77.09M | 66.11M | 57.05M | 52.75M | 47.79M | 42.25M | 33.39M | 26.25M | 23.81M | 22.13M | 22.87M | 28.85M | 21.99M | 14.62M | 11.42M | 9.71M | 9.74M | 9.27M | 9.34M | 6.74M | 4.80M | 4.63M | 4.86M | 3.70M | 1.70M | 2.00M | 2.90M | 3.60M | 3.10M | 3.40M | 2.80M |
| Deferred Taxes | -34.67M | 18.52M | -7.50M | -7.18M | 4.12M | -45.43M | 64.95M | 13.26M | -34.77M | -62.98M | 4.86M | 40.42M | -1.21M | -6.74M | -43.43M | 1.84M | -8.63M | 40.85M | -37.30M | — | — | — | — | — | — | — | — | — | — | — | — | 100,000 | — | — | — |
| Stock-Based Compensation | 35.74M | 22.13M | 28.74M | 10.44M | 7.60M | 7.09M | 18.06M | 21.84M | 15.14M | 18.49M | 15.94M | 6.50M | 8.12M | 5.80M | 9.79M | 5.10M | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Non-Cash Items | -77.49M | 88.73M | -17.65M | 37.31M | -10.40M | 23.73M | -23.79M | 220.94M | -28.09M | 120.64M | 46.07M | -39.56M | -172.63M | -201.20M | 398.15M | -43.71M | 81.66M | 147.37M | — | 5.53M | — | 2.77M | — | — | — | 100,000 | — | — | 100,000 | 100,000 | 100,000 | 15.60M | -3.60M | -200,000 | 200,000 |
| Accounts Receivable | -64.11M | -22.07M | -15.10M | 11.35M | 6.74M | 31.62M | 12.17M | -169.93M | -2.17M | 26.13M | 77.04M | -141.80M | 5.55M | 179.27M | -179.01M | 96.99M | 972,000 | -112.32M | -7.92M | 26.23M | 15.65M | -39.01M | 2.45M | -6.04M | 4.10M | -11.93M | 10.86M | -10.80M | 21.40M | -21.50M | 4.40M | -6.40M | — | -1.00M | -100,000 |
| Accounts Payable | -2.51M | 6.87M | -1.80M | -2.85M | -638,000 | 6.20M | -3.79M | -5.56M | 2.50M | -10.40M | 14.66M | 2.45M | -571,000 | 417,000 | -1.51M | -30.12M | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Assets & Liabilities | 65.43M | -12.39M | 10.11M | -12.13M | -46.17M | -11.88M | 35.63M | -25.29M | 14.53M | 18.17M | -44.03M | -21.45M | 39.43M | 9.62M | -16.80M | 21.27M | 10.43M | -5.02M | 7.63M | 3.22M | -2.31M | 3.87M | 689,000 | 8.62M | -5.47M | 5.82M | 5.61M | -3.00M | -6.80M | 8.10M | -8.80M | -5.20M | 6.30M | 4.60M | -6.10M |
| Operating Cash Flow | 211.23M | 272.42M | 117.16M | 155.93M | 53.31M | 136.92M | 331.01M | 413.50M | 131.34M | 253.72M | 183.61M | 144.61M | -8.05M | 162.92M | 277.32M | 106.43M | 126.42M | 310.72M | 28.52M | 44.84M | 57.54M | -20.59M | -6.81M | 15.01M | 30.13M | 35.59M | -12.94M | -21.70M | 51.00M | -25.40M | -36.10M | -14.90M | -400,000 | -5.20M | -22.30M |
| Investing Activities | |||||||||||||||||||||||||||||||||||
| Capital Expenditures | -4.27M | -3.16M | -2.51M | -11.79M | -4.51M | -2.58M | -2.07M | -5.88M | -3.70M | -7.10M | -4.59M | -3.62M | -3.84M | -2.52M | -4.02M | -5.65M | -62.12M | -32.72M | -5.20M | -3.75M | -3.93M | -6.52M | -7.73M | -6.81M | -1.65M | -1.83M | -3.93M | -4.10M | -2.40M | 2.10M | -1.90M | -2.80M | 1.20M | -500,000 | -300,000 |
| Net Intangibles | — | — | -2.35M | — | — | -2.25M | — | -4.90M | -20.00M | -26.30M | -25.01M | -15.45M | — | — | -32.40M | -35.17M | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Net Acquisitions | — | — | — | 910,000 | 10.00M | -142.99M | — | -48.00M | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Purchase of Investments | -838.25M | -532.72M | -527.80M | -529.56M | -92.79M | -149.24M | -934.60M | -562.08M | -655.71M | -438.16M | -417.73M | -331.83M | -713.68M | -696.48M | -314.78M | -127.04M | -138.79M | -172.21M | -151.45M | -199.13M | -144.45M | -124.47M | — | -8.09M | -36.33M | -24.24M | — | — | -55.10M | — | — | — | — | — | — |
| Sale of Investments | 797.70M | 260.77M | 745.72M | 261.01M | 389.03M | 399.11M | 751.31M | 434.51M | 495.20M | 363.18M | 443.07M | 442.18M | 703.54M | 568.89M | 156.61M | 170.42M | 146.58M | 152.55M | 189.69M | 167.85M | 124.14M | 131.70M | 4.39M | — | — | — | 35.09M | 12.00M | — | — | 200,000 | 2.40M | — | — | — |
| Investing Cash Flow | -44.81M | -275.11M | 215.41M | -279.43M | 301.74M | 104.30M | -185.36M | -181.45M | -164.21M | -82.08M | 20.76M | 106.73M | -13.98M | -130.11M | -162.19M | 37.73M | -54.32M | -52.38M | 8.03M | -48.18M | -45.31M | -4.76M | -6.31M | -16.08M | -35.52M | -27.54M | 30.00M | 6.70M | -58.90M | 300,000 | -2.90M | -700,000 | 700,000 | -1.30M | -1.00M |
| Financing Activities | |||||||||||||||||||||||||||||||||||
| Long-Term Debt Issuance | — | 460.00M | — | — | 400.00M | — | — | — | 316.00M | — | — | — | 230.00M | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Long-Term Debt Payments | — | -282.50M | — | -94.91M | -231.85M | — | — | -230.00M | — | — | — | -180,000 | -288,000 | -584,000 | -1.88M | -1.59M | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Financing Charges | -10.86M | -87.07M | -9.36M | 3.58M | -64.22M | -8.81M | -16.00M | 4.05M | -62.31M | 5.10M | 8.47M | 898,000 | -45.55M | 7.65M | 3.88M | 1.50M | 5.12M | 20.72M | — | — | — | — | — | — | — | -100,000 | 100,000 | — | — | — | — | — | -100,000 | — | — |
| Financing Cash Flow | -390.02M | -26.32M | -82.42M | -134.75M | -136.93M | -167.78M | -66.95M | -321.77M | 128.34M | -171.25M | -33.02M | -235.05M | 166.01M | 7.07M | -15.38M | -80.24M | -171.52M | -123.58M | -29.23M | -5.00M | -15.52M | 11.81M | 2.51M | 9.73M | 6.87M | 235,000 | 165,000 | 9.80M | 12.90M | 13.00M | 29.90M | -200,000 | 400,000 | 2.20M | 16.90M |
| Other Cash Details | |||||||||||||||||||||||||||||||||||
| End Cash Position | 442.96M | 703.16M | 713.22M | 477.66M | 757.10M | 488.73M | 433.01M | 404.07M | 510.21M | 428.57M | 497.71M | 349.84M | 342.21M | 215.45M | 210.86M | 100.14M | 92.02M | 166.39M | 27.88M | 15.74M | 20.88M | 22.34M | 17.89M | 12.34M | 14.59M | 20.06M | 17.83M | — | — | — | — | — | — | — | — |
| Income Tax Paid | 59.20M | 6.81M | 23.09M | — | — | 33.90M | 66.79M | 108.64M | 85.78M | 114.88M | 24.96M | 116.87M | 36.59M | 113.82M | 44.85M | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Interest Paid | 18.62M | 13.43M | 8.00M | — | — | 4.74M | 4.74M | 7.62M | 7.99M | 5.75M | 5.75M | 5.75M | 2.60M | 51,000 | 198,000 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Free Cash Flow | 169.11M | 243.29M | 92.12M | 121.06M | 51.44M | 109.90M | 278.80M | 390.72M | 70.88M | 176.69M | 154.51M | 130.22M | -65.35M | 103.59M | 284.27M | 44.99M | 90.61M | 282.09M | 28.30M | 44.48M | 55.64M | -8.75M | 1.83M | -2.27M | 22.31M | 28.29M | -27.77M | -17.40M | 47.00M | -15.60M | -30.70M | -16.70M | -600,000 | -3.00M | -21.80M |
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