InterDigital reports Q1 EPS $2.57, consensus $2.52

Reports Q1 revenue $205.4M, consensus $196.9M. “With six new agreements in the first quarter, including renewing Xiaomi to a long-term contract, we are off to a strong start in 2026. These new agreements drove our results above the top-end of our guidance as we continued our momentum across our licensing programs, our research and innovation pipeline, and our patent portfolio”, commented CEO Liren Chen. “Over the last five years, we have signed agreements with a cumulative total contract value of $4.7 billion and now have the world’s top-three smartphone vendors under license through the end of the decade. This success provides a strong base from which to drive additional growth.”