InterDigital, Inc.
- Open
- 258.91
- Day high
- 266.25
- Day low
- 256.18
- Prev close
- 265.59
- Volume
- 238K
- Mkt cap
- $6.7B
- P/E (TTM)
- 18.4
- EPS (TTM)
- $14.19
- P/B
- 6.1
- P/S
- 8.1
- Yield
- 1.08%
- Per share
- $2.80
- ▼Insiders net selling -$2.1M over the last 3 months (0 open-market buys, 10 sales)
- 🏛Institutions mixed (13F)
InterDigital, Inc. (IDCC) is a Technology company listed on NASDAQ. The stock is up 16% over the past year. Over the trailing 3 months, insiders filed 0 open-market buys and 10 sales (SEC Form 4).
InterDigital, Inc. (IDCC) financials & analyst ratings
Fundamentals (TTM)
Source: exchange market data + company filings. Figures are trailing-twelve-month or as most recently reported. For informational purposes only — not investment advice.
IDCC earnings date, history & EPS estimates
| Report date | EPS est | EPS actual | Surprise | Revenue | Rev. surprise |
|---|---|---|---|---|---|
| Apr 30, 2026 | $2.54 | $2.57 | +1.2% | $205M | +4.4% |
| Feb 5, 2026 | $1.65 | $2.12 | +28.5% | $158M | -18.2% |
| Oct 30, 2025 | $1.79 | $2.55 | +42.5% | $165M | +5.9% |
| Jul 31, 2025 | $3.36 | $6.52 | +94.0% | $301M | +108.1% |
| May 1, 2025 | $3.72 | $4.21 | +13.2% | $211M | +53.8% |
| Feb 6, 2025 | $5.40 | $5.15 | -4.6% | $253M | +93.7% |
| Oct 31, 2024 | $0.76 | $1.63 | +114.5% | $129M | -47.3% |
| Aug 1, 2024 | $0.33 | $3.93 | +1090.9% | $223M | +124.2% |
| May 2, 2024 | $2.75 | $2.88 | +4.7% | $264M | +5.3% |
| Feb 15, 2024 | $0.89 | $1.41 | +58.4% | $106M | +0.8% |
| Nov 2, 2023 | $0.66 | $1.72 | +160.6% | $140M | +41.1% |
| Aug 3, 2023 | $1.21 | $1.30 | +7.4% | $102M | -0.8% |
IDCC insider trading activity (SEC Form 4)
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| Jul 7, 2026 | Pankaj Rajeshofficer: Chief Technology Officer | Sell | 750 | $282.00 |
| Jun 23, 2026 | Markley John D. Jr.director | Sell | 400 | $300.00 |
| Jun 16, 2026 | ABERLE DEREK Kdirector | Sell | 522 | $276.64 |
| Jun 16, 2026 | RANKIN JEAN Fdirector | Sell | 365 | $276.64 |
| Jun 16, 2026 | KRITZMACHER JOHN Adirector | Sell | 365 | $276.64 |
| Jun 16, 2026 | Armaly Samirdirector | Sell | 470 | $276.64 |
| Jun 12, 2026 | HUTCHESON STEWART Ddirector | Grant | 906 | — |
| Jun 12, 2026 | Gillman Joan Hdirector | Grant | 906 | — |
| Jun 12, 2026 | Pankaj Rajeshofficer: Chief Technology Officer | Sell | 1,500 | $290.00 |
| Jun 12, 2026 | ABERLE DEREK Kdirector | Grant | 906 | — |
| Jun 12, 2026 | Armaly Samirdirector | Grant | 906 | — |
| Jun 12, 2026 | RANKIN JEAN Fdirector | Grant | 906 | — |
| Jun 12, 2026 | Markley John D. Jr.director | Grant | 906 | — |
| Jun 12, 2026 | KRITZMACHER JOHN Adirector | Grant | 906 | — |
| Jun 8, 2026 | Pankaj Rajeshofficer: Chief Technology Officer | Sell | 750 | $258.38 |
Source: IDCC SEC Form 4 filings, latest Jul 7, 2026. For informational purposes only — not investment advice.
See the full IDCC insider & 13F page →InterDigital, Inc. company profile
Overview
InterDigital, Inc. (NASDAQ:IDCC) is a technology licensing company founded in 1972 and headquartered in Wilmington, Delaware. The company has evolved from its early days as a wireless technology developer into one of the world's leading patent licensing enterprises, specializing in wireless communications, video compression, and artificial intelligence technologies. With over 50 years of innovation history and a portfolio exceeding 33,000 patents and patent applications, InterDigital has established itself as a critical enabler of modern digital communications infrastructure, licensing its essential technologies to major device manufacturers and technology companies worldwide.
Business
InterDigital operates in the intellectual property licensing industry, specifically focusing on technologies that enable wireless communications and digital media. The company's core business revolves around patent licensing rather than manufacturing physical products. Instead, InterDigital develops and patents fundamental technologies that become essential components in various electronic devices and communication systems. The company's primary technology portfolio spans several critical areas. Wireless communications patents cover 2G, 3G, 4G, 5G, and emerging 6G cellular technologies, including advanced techniques like CDMA, TDMA, OFDM/OFDMA, and MIMO that enable mobile phones, tablets, and other devices to connect to cellular networks. Their video coding and compression technologies include patents for HEVC (High Efficiency Video Coding) and VVC (Versatile Video Coding) standards that allow efficient transmission and storage of video content across streaming services, televisions, and mobile devices. Additionally, InterDigital has developed Wi-Fi and connectivity patents that enable wireless internet connections in consumer electronics, and artificial intelligence technologies that enhance wireless communication performance. The company's business is organized around several key market segments. Smartphone licensing represents the largest revenue segment, accounting for approximately 60-70% of total revenues, where InterDigital licenses its cellular and Wi-Fi patents to major manufacturers like Apple, Samsung, Xiaomi, and Oppo. Consumer Electronics and IoT licensing generates roughly 25-30% of revenues, covering smart TVs, personal computers, connected cars, and various Internet of Things devices. The emerging video services licensing segment, targeting streaming platforms and content providers, represents a newer growth opportunity that the company projects could contribute significantly to future revenues.
Risks & safety
InterDigital demonstrates a strong margin of safety with robust financial fundamentals and conservative capital structure. **Cash and Liquidity Position:** - Cash and short-term investments: $537 million as of Q1 2025 - Strong current ratio of 1.76x indicating solid short-term liquidity - Positive free cash flow generation in most recent periods - No immediate solvency concerns given substantial cash reserves **Debt and Capital Structure:** - Debt-to-equity ratio of 0.50x, indicating moderate leverage - Total liabilities of $925 million against $1.86 billion in total assets - Strong balance sheet with net tangible assets exceeding market risks **Valuation Metrics:** - P/E ratio of 11.5x based on recent earnings, reasonable for a technology company - EV/EBITDA of 10.0x, suggesting fair valuation relative to cash generation - Price-to-book ratio of 5.7x reflects premium for intellectual property assets - Graham number calculation suggests potential undervaluation relative to asset base **Other Considerations:** - Recurring revenue model provides earnings predictability with 30% ARR growth - Long-term contracts with major customers reduce revenue volatility - Legal disputes (Samsung arbitration, Disney litigation) create some uncertainty but also upside potential - Strong patent portfolio provides defensive value against competitive threats
Recent development
Over the past few years, InterDigital has executed a strategic transformation focused on expanding beyond its traditional smartphone licensing base into broader technology markets. The company has successfully diversified its customer base by signing licensing agreements with major consumer electronics manufacturers including HP, Panasonic, and TCL, while also securing deals with technology companies like Google and Amazon. This expansion has resulted in Consumer Electronics and IoT revenue tripling to $269 million in 2024. A significant strategic development has been InterDigital's aggressive legal enforcement strategy, exemplified by successful litigation against Lenovo that resulted in over $55 million in increased licensing fees and ongoing arbitration with Samsung that could substantially increase contract values. The company has also initiated legal action against Disney for video streaming IP infringement, representing a bold move into the lucrative streaming services market. The company has substantially increased its innovation investment, filing over 5,000 new patent applications in 2024 alone and expanding its patent portfolio to over 33,000 assets. This R&D focus has extended into emerging technologies including 6G wireless development, AI-enhanced communications, and advanced video compression standards like VVC. InterDigital's engineers now hold over 100 leadership positions in standards organizations, positioning the company to influence next-generation technology development. Capital allocation strategy has evolved to balance growth investment with shareholder returns. The company increased its dividend by 50% since Q3 2024 while maintaining an active share repurchase program. Management has established ambitious long-term targets including $1 billion in annual recurring revenue and $600 million in adjusted EBITDA by 2030, with intermediate goals of $500 million in smartphone ARR by 2027. The video services licensing opportunity represents a new frontier, with management projecting potential for $300 million in recurring revenue from streaming platforms by 2030.
IDCC company profile · for informational purposes only — not investment advice.
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