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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.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $834M | $587M | $407M | $474M | 36.9% | -4.0% | 13.4% |
| 2024 | $869M | $545M | $359M | $213M | 41.8% | 58.0% | 67.5% |
| 2023 | $550M | $357M | $214M | $169M | 36.8% | 20.1% | 128.5% |
| 2022 | $458M | $226M | $94M | $243M | 12.9% | - | - |
| 2021 | - | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Total Revenue | - | 457.79 | 549.59 | 868.52 | 834.02 |
| Operating Revenue | - | 456.69 | 548.18 | 866.22 | 833.49 |
| Cost Of Revenue | - | 71.42 | 79.40 | 169.24 | 93.64 |
| Gross Profit | - | 386.38 | 470.19 | 699.28 | 740.37 |
| Operating Expense | - | 232.58 | 248.58 | 259.76 | 279.52 |
| Research And Development | - | 185.20 | 195.28 | 196.90 | 211.43 |
| Selling General And Administration | - | 47.38 | 53.29 | 62.86 | 68.09 |
| Total Expenses | - | 304 | 327.97 | 429 | 373.16 |
| Operating Income | - | 153.80 | 221.62 | 439.51 | 460.85 |
| Total Operating Income As Reported | - | 150.52 | 221.62 | 439.51 | 460.85 |
| EBITDA | - | 225.63 | 357.22 | 544.75 | 586.92 |
| Normalized EBITDA | - | 240.10 | 357.22 | 544.75 | 586.92 |
| EBIT | - | 147.06 | 279.43 | 474.84 | 509.39 |
| Interest Income | - | 14.45 | 46.63 | 40.40 | 40.02 |
| Interest Expense | - | 29.50 | 44.82 | 45.42 | 39.96 |
| Net Interest Income | - | -15.04 | 1.81 | -5.03 | 0.06 |
| Other Non Operating Income Expenses | - | -6.72 | 11.18 | -5.07 | 8.52 |
| Other Income Expense | - | -21.19 | 11.18 | -5.07 | 8.52 |
| Interest Income Non Operating | - | 14.45 | 46.63 | 40.40 | 40.02 |
| Interest Expense Non Operating | - | 29.50 | 44.82 | 45.42 | 39.96 |
| Net Non Operating Interest Income Expense | - | -15.04 | 1.81 | -5.03 | 0.06 |
| Pretax Income | - | 117.56 | 234.61 | 429.42 | 469.43 |
| Tax Provision | - | 25.50 | 23.56 | 70.80 | 62.79 |
| Tax Rate For Calcs | - | 0 | 0 | 0 | 0 |
| Tax Effect Of Unusual Items | - | -3.14 | 0 | 0 | 0 |
| Net Income Continuous Operations | - | 92.06 | 211.05 | 358.61 | 406.64 |
| Net Income From Continuing And Discontinued Operation | - | 93.69 | 214.07 | 358.61 | 406.64 |
| Net Income From Continuing Operation Net Minority Interest | - | 93.69 | 214.07 | 358.61 | 406.64 |
| Net Income | - | 93.69 | 214.07 | 358.61 | 406.64 |
| Net Income Common Stockholders | - | 93.69 | 214.07 | 358.61 | 406.64 |
| Net Income Including Noncontrolling Interests | - | 92.06 | 211.05 | 358.61 | 406.64 |
| Normalized Income | - | 105.02 | 214.07 | 358.61 | 406.64 |
| Diluted NI Availto Com Stockholders | - | 93.69 | 214.07 | 358.61 | 406.64 |
| Basic Average Shares | - | 30.11 | 26.86 | 25.32 | 25.79 |
| Diluted Average Shares | - | 30.48 | 28.10 | 29.71 | 34.47 |
| Reconciled Depreciation | - | 78.57 | 77.79 | 69.91 | 77.53 |
| Reconciled Cost Of Revenue | - | 71.42 | 79.40 | 169.24 | 93.64 |
| Total Unusual Items | -27.88 | -14.47 | 0 | 0 | - |
| Total Unusual Items Excluding Goodwill | -27.88 | -14.47 | 0 | 0 | - |
| Minority Interests | - | 1.63 | 3.02 | 0 | 0 |
| Special Income Charges | -27.88 | -14.47 | 0 | 0 | - |
| Other Special Charges | - | 11.19 | - | - | - |
| Impairment Of Capital Assets | 13.23 | 2.43 | 0 | 0 | - |
| Restructuring And Mergern Acquisition | 14.65 | 0.85 | 0 | 0 | - |
| General And Administrative Expense | - | 47.38 | 53.29 | 62.86 | 68.09 |
| Other Gand A | - | 47.38 | 53.29 | 62.86 | 68.09 |
Technology sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| InterDigital, Inc.this co. | IDCC | $6.7B | 16.59 | 6.13 | 36.9% | 11.07 |
| Rigetti Computing, Inc. | RGTI | $8.0B | -37.14 | 14.70 | -39.6% | -38.42 |
| Clearwater Analytics Holdings, Inc. | CWAN | $7.3B | -187.52 | 3.60 | -1.9% | 98.69 |
| Navitas Semiconductor Corporation | NVTS | $7.3B | -62.15 | 16.38 | -26.4% | -104.54 |
| Silicon Laboratories Inc. | SLAB | $7.2B |
| - |
| - |
| - |
| - |
| - |
| -111.28 |
| 6.60 |
| -5.9% |
| -365.09 |
| Novanta Inc. | NOVT | $5.9B | 109.22 | 4.47 | 4.1% | 32.48 |
| Zeta Global Holdings Corp. | ZETA | $5.8B | -183.13 | 7.17 | -3.9% | 143.62 |
| Navan, Inc. | NAVN | $5.6B | -14.12 | 4.65 | -32.9% | -18.33 |
| Synaptics Incorporated | SYNA | $5.5B | -114.05 | 3.91 | -3.4% | 85.59 |
| Peer Median | - | -86.72 | 5.63 | -4.9% | 7.07 | |