InterDigital, Inc. (IDCC) Earnings
InterDigital, Inc. is expected to report next earnings on July 30, 2026 (in NaN days), with a consensus EPS estimate of $0.90. IDCC has beaten EPS estimates in 11 of its last 12 reported quarters (average surprise +41.5% over the last four).
| 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% |
Source: company filings + earnings calendar. For informational purposes only — not investment advice.
Earnings call summary
Q1 FY2026 · April 30, 2026
AI summary of management’s prepared remarks and analyst Q&A. For informational purposes only — not investment advice.
Management highlights
- Started 2026 strongly with momentum across licensing programs, research and innovation pipeline, standard development leadership, and patent portfolio group. - Had six new license agreements in the quarter, including renewing with Xiaomi. - An engineer was re-elected to a chair position in 3GPP, contributing to 6G development. - Named Samir Ferdi as 2026 Inventor of the Year. - Demonstrated 6G technologies at Mobile Congress, including AI native networks and collaborative cellular and Wi-Fi sensing. - Partnered with Razer to launch a haptic excellence center. - Ranked among the top five US companies in European Patent Office patent applications in 2025.
Guidance
- Expect revenue from existing contracts in Q2 to be in the range of $139 million to $143 million. - Expect adjusted EBITDA of $67 million to $73 million or an adjusted EBITDA margin of about 50% in Q2. - Expect diluted EPS of 80 cents to 97 cents and non-GAAP diluted EPS of $1.41 to $1.60 in Q2. - Maintaining four-year guidance at the levels issued on the Q4 earnings call.
Segment performance
Total revenue for the quarter was $205 million, above the guidance range of $194 to $200 million. Annualized recurring revenue (ARR) was $567 million, up 13% year-over-year. The smartphone program had a record $492 million in ARR, with eight of the top 10 global smartphone manufacturers under license covering approximately 85% of the market. In consumer electronics, there were new licenses with LG Electronics, Sony, Buffalo Americas, and DTV Manufacturing. The video service program had court injunctions against Disney and Trenson, and multi-jurisdictional enforcement action against TCL and Hyacinth.
Risks & headwinds
- Forward-looking statements are subject to risks and uncertainties that could cause actual results and events to differ materially from those contemplated. - Risks described in the risk factors section of the 2025 annual report on Form 10-K and other SEC filings.
Analyst Q&A
Q: Liren, about the streaming opportunity with Disney, have they altered their service and what's the timeline?
A: Regarding Disney, we filed multi-jurisdictional injunction and patent litigation in February last year. We've had five out of five wins with injunctions. Some Disney cases have them claiming workarounds, others we're enforcing. There are more patents coming to trial in the coming months including in the US.
Q: On the smartphone side, with $500 million target almost reached, what's next?
A: We have eight of the top 10 smartphone vendors licensed with ARR about 492 million and 85% of the market under license. We expect to license remaining unlicensed customers and have top three customers licensed to end of the decade.
Q: Anja, why did licensing expense go up in Q1?
A: The licensing expense went up due to significant catch-up revenue from the new consumer electronics agreement with LG, with corresponding rev share, and also some increase in enforcement costs.
Q: Anja, how to think about the fixed fee portion of revenue as licensing portfolio expands?
A: In smartphone and consumer electronics, largest customers tend to prefer fixed fee agreements. For video services, not sure of contract form yet but will ensure right value.
Q: Ross, on renewals at end of 2025, how much recovered?
A: We've renewed roughly two-thirds or more of expiring contracts, including renewal of Xiaomi.
Q: Ross, on smartphone deals with royalty-based and minimums and exposure to unit volume softening?
A: Historically largest customers prefer fixed fee agreements. We have a hybrid agreement with guaranteed fixed fee and additional royalties on volume exceedance, but can't identify specific contracts due to confidentiality.
Q: Ross, on timeline and monetization of 6G and other markets?
A: 6G expected to be standardized by 2029, with wide adoption in 2030. We're leading in 6G standard development. Haptic research with Razer and other collaborations will take time to play out monetization.