InterDigital (IDCC)
NASDAQ:IDCC
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Earnings Data
Report Date
Jul 30, 2026Before Open (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
0.9Last Year’s EPS
5.35Same Quarter Last Year
Moderate Buy
Based on 2 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call presented multiple strong positives: revenue, EBITDA and EPS beat guidance; ARR rose 13% YoY to $567M; record smartphone ARR and broad market coverage; decisive enforcement wins; leadership in standards and patents; and a robust balance sheet with active capital returns. Near-term headwinds include a sizable catch-up revenue quarter that increased licensing expense, a $139M accounts receivable build leading to modest operating cash in Q1, some pending litigation and incomplete renewals, and Q2 guidance that is lower on a like-for-like basis absent additional deals or enforcement results. On balance, the positives — particularly recurring ARR growth, licensing pipeline, IP enforcement momentum, and strong margins — materially outweigh the near-term operational and timing challenges.Company Guidance
Revenue and Earnings Beat Guidance
Total revenue of $205 million in Q1 2026 beat guidance of $194–$200 million; GAAP diluted EPS was $2.14 (vs guidance $1.61–$1.86) and non-GAAP EPS was $2.57 (above midpoint guidance). Adjusted EBITDA was $112 million (vs guidance $101–$110 million) with an adjusted EBITDA margin of 54%.
Strong ARR Growth
Annualized recurring revenue (ARR) reached $567 million, up 13% year-over-year, providing increased revenue visibility and recurring cash-flow potential.
Record Smartphone ARR and Market Coverage
Smartphone ARR reached a record $492 million; eight of the top 10 global smartphone manufacturers are now under license, covering approximately 85% of the smartphone market. The top three vendors are licensed through the end of the decade, supporting multi-year runway.
Material Contract Pipeline
Total contract value of agreements signed since 2021 is approximately $4.7 billion, showcasing sustained licensing demand and deal flow.
Successful IP Enforcement Outcomes
Multiple enforcement wins in the quarter including a fourth injunction against Disney in Germany, an injunction in Brazil against Tencent, and a reported six-for-six recent injunction success rate across proceedings, strengthening negotiating leverage and potential licensing settlements.
Standards and Patent Leadership
Re-election of a top wireless engineer to a 3GPP chair position (company is one of only three worldwide with multiple 3GPP chairs); seven engineers re-elected or newly appointed since start of year increasing standards leadership to >110 roles. Ranked among top five U.S. companies by EPO patent applications in 2025 and included in LexisNexis Innovation Momentum Global Top 100 for five years running.
Product/Research Initiatives and Partnerships
Launched Haptic Excellence Center in partnership with Razer and introduced energy-efficient video streaming technology; demonstrated AI-native network, sensing and collaborative cellular/Wi‑Fi sensing (prototype six‑G architecture) at Mobile World Congress, highlighting future monetization opportunities.
Strong Balance Sheet and Capital Returns
Ended Q1 with cash and short-term investments in excess of $1 billion; paid down $88 million of debt and returned $26 million to shareholders in the quarter. After April repurchases, $108 million remained on the share repurchase authorization. Management describes the balance sheet as a 'fortress.'
Index Promotion
Company was promoted to the S&P MidCap index, reflecting recent growth and market capitalization progress.
IDCC Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
IDCC Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Apr 30, 2026 | $352.68 | $296.56 | -15.91% |
Feb 05, 2026 | $313.17 | $344.28 | +9.93% |
Oct 30, 2025 | $381.17 | $394.61 | +3.53% |
Jul 31, 2025 | $243.59 | $256.52 | +5.31% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does InterDigital (IDCC) report earnings?
InterDigital (IDCC) is schdueled to report earning on Jul 30, 2026, Before Open (Confirmed).
What is InterDigital (IDCC) earnings time?
InterDigital (IDCC) earnings time is at Jul 30, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is IDCC EPS forecast?
IDCC EPS forecast for the fiscal quarter 2026 (Q2) is 0.9.