IDCC · Interdigital, Inc. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue | $834.01M | $868.52M | $549.59M | $457.79M | $425.41M | $358.99M |
| Cost of Revenue | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - |
| R&D | - | - | - | $185.20M | $89.37M | $84.65M |
| SG&A | $68.09M | $62.86M | $53.29M | $49.00M | $61.22M | $49.00M |
| Total Operating Expenses | $373.16M | $429.00M | $327.97M | $307.28M | $354.20M | $303.82M |
| D&A | $77.53M | $69.91M | $77.79M | $78.57M | $78.19M | $81.04M |
| Operating Income | $460.85M | $439.51M | $221.62M | $150.52M | $71.21M | $55.17M |
| Interest Expense | $39.96M | $45.42M | $44.82M | $29.50M | $25.23M | $40.80M |
| Income Tax | $62.79M | $70.80M | $23.56M | $25.50M | $15.37M | ($6.65M) |
| Net Income | $406.64M | $358.61M | $214.07M | $93.69M | $55.30M | $44.80M |
| EPS - Basic | $15.77 | $14.16 | $7.97 | $3.11 | $1.80 | $1.46 |
| EPS - Diluted | $11.80 | $12.07 | $7.62 | $3.07 | $1.77 | $1.44 |
Balance Sheet
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $738.96M | $527.36M | $437.08M | $693.48M | $706.28M | $473.47M |
| Accounts Receivable | $69.82M | $188.30M | $117.29M | $53.18M | $16.01M | - |
| Inventory | - | - | - | - | - | - |
| Accounts Payable | - | - | - | - | - | - |
| Current Assets | $1.39B | $1.23B | $1.17B | $1.34B | $1.05B | $1.03B |
| Total Assets | $2.06B | $1.84B | $1.77B | $1.90B | $1.63B | $1.62B |
| Current Liabilities | $752.50M | $725.81M | $881.13M | $271.35M | $371.56M | $295.76M |
| Long-term Debt | $16.29M | $15.44M | $29.02M | $607.07M | $422.75M | $367.99M |
| Total Liabilities | $963.17M | $978.31M | $1.19B | $1.17B | $875.24M | $819.71M |
| Stockholders' Equity | $1.10B | $857.22M | $581.55M | $724.89M | $745.24M | $773.37M |
| Retained Earnings | $2.11B | $1.78B | $1.46B | $1.49B | $1.44B | $1.41B |
Cash Flow
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Operating Cash Flow | $544.45M | $271.53M | $213.73M | $286.04M | $130.39M | $163.47M |
| Investing Cash Flow | ($140.28M) | $109.45M | ($85.17M) | ($314.71M) | $179.64M | ($310.05M) |
| Financing Cash Flow | ($201.45M) | ($272.39M) | ($388.76M) | $18.60M | ($74.47M) | ($132.86M) |
| CapEx | $15.89M | $5.85M | $4.27M | $3.16M | $2.51M | $11.79M |
| Free Cash Flow | $528.56M | $265.68M | $209.47M | $282.88M | $127.88M | $151.67M |
Ratios
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | - | - | - | - | - | - |
| Operating margin | 55.3% | 50.6% | 40.3% | 32.9% | 16.7% | 15.4% |
| EBITDA margin | 64.6% | 58.7% | 54.5% | 50.0% | 35.1% | 37.9% |
| Net margin | 48.8% | 41.3% | 39.0% | 20.5% | 13.0% | 12.5% |
| Free cash flow margin | 63.4% | 30.6% | 38.1% | 61.8% | 30.1% | 42.3% |
| FCF / Net income | 1.30 | 0.74 | 0.98 | 3.02 | 2.31 | 3.39 |
| R&D / Revenue | - | - | - | 40.5% | 21.0% | 23.6% |
| SG&A / Revenue | 8.2% | 7.2% | 9.7% | 10.7% | 14.4% | 13.6% |
| Effective tax rate | 13.4% | 16.5% | 9.9% | 21.4% | 21.7% | -17.4% |
| Return on assets | 19.7% | 19.5% | 12.1% | 4.9% | 3.4% | 2.8% |
| Return on equity | 36.9% | 41.8% | 36.8% | 12.9% | 7.4% | 5.8% |
| Return on invested capital | 35.7% | 42.1% | 32.7% | 8.9% | 4.8% | 4.8% |
| Liquidity | ||||||
| Current ratio | 1.84 | 1.70 | 1.33 | 4.96 | 2.83 | 3.47 |
| Quick ratio | 1.84 | 1.70 | 1.33 | 4.96 | 2.83 | 3.47 |
| Cash ratio | 0.98 | 0.73 | 0.50 | 2.56 | 1.90 | 1.60 |
| Leverage | ||||||
| Debt / Equity | 0.01 | 0.02 | 0.05 | 0.84 | 0.57 | 0.48 |
| Debt / Assets | 0.01 | 0.01 | 0.02 | 0.32 | 0.26 | 0.23 |
| Debt / EBITDA | 0.03 | 0.03 | 0.10 | 2.65 | 2.83 | 2.70 |
| Interest coverage | 11.5x | 9.7x | 4.9x | 5.1x | 2.8x | 1.4x |
| Equity multiplier | 1.87 | 2.14 | 3.04 | 2.62 | 2.18 | 2.09 |
| Liabilities / Assets | 0.47 | 0.53 | 0.67 | 0.62 | 0.54 | 0.51 |
| Efficiency | ||||||
| Asset turnover | 0.40 | 0.47 | 0.31 | 0.24 | 0.26 | 0.22 |
| Inventory turnover | - | - | - | - | - | - |
| Days sales outstanding | 31d | 79d | 78d | 42d | 14d | - |
| Days inventory outstanding | - | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - |
| Valuation | ||||||
| P / E | 27.0x | 16.0x | 14.2x | 16.1x | 40.5x | 42.1x |
| P / B | 10.0x | 6.7x | 5.2x | 2.1x | 3.0x | 2.4x |
| P / S | 13.2x | 6.6x | 5.5x | 3.3x | 5.3x | 5.2x |
| EV / EBITDA | 19.0x | 10.3x | 8.8x | 6.2x | 13.1x | 13.1x |
| Growth | ||||||
| Revenue growth (YoY) | -4.0% | 58.0% | 20.1% | 7.6% | 18.5% | 16.8% |
| Revenue CAGR (3y) | 22.1% | 26.9% | 15.3% | 14.2% | 11.4% | -12.3% |
| Revenue CAGR (5y) | 18.4% | 23.1% | 12.3% | -3.0% | -8.6% | -4.1% |
| Gross profit growth (YoY) | - | - | - | - | - | - |
| Operating income growth (YoY) | 4.9% | 98.3% | 47.2% | 111.4% | 29.1% | 45.8% |
| Net income growth (YoY) | 13.4% | 67.5% | 128.5% | 69.4% | 23.4% | 114.1% |
| EPS growth (YoY) | -2.2% | 58.4% | 148.2% | 73.4% | 22.9% | 118.2% |
| EPS CAGR (3y) | 56.6% | 89.6% | 74.3% | 66.9% | -0.7% | -33.4% |
| EPS CAGR (5y) | 52.3% | 78.8% | 33.3% | -8.8% | -27.4% | -15.1% |
| FCF growth (YoY) | 98.9% | 26.8% | -26.0% | 121.2% | -15.7% | 78.6% |
| FCF CAGR (5y) | 28.4% | 25.6% | 7.8% | -2.0% | -21.3% | 6.5% |
| Book value growth (YoY) | 28.5% | 47.4% | -19.8% | -2.7% | -3.6% | 1.6% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Product / service
$1.95B totalRevenues$834.01M · 42.9%
Revenue Smartphone$678.86M · 34.9%
Catch Up Revenues$277.41M · 14.3%
Revenue CEAuto Io T$154.63M · 7.9%
Revenue Other$529.0K · 0.0%
Geographic
$834.01M totalCN$309.33M · 37.1%
KR$262.50M · 31.5%
US$239.42M · 28.7%
TW$12.32M · 1.5%
JP$7.09M · 0.9%
Europe$3.35M · 0.4%
Stability scores
Altman Z′
FY 2025 · bankruptcy risk
2.66
Grey zone
Private-firm variant - uses book equity instead of market cap. > 2.90 safe · 1.23-2.90 grey · < 1.23 distress.
Piotroski F-score
FY 2025 · 9-point quality
5/9
Neutral
- ✓Net income positive
- ✓Operating cash flow positive
- ✓ROA improved YoY
- ✓Cash flow > net income
- ✗Long-term debt decreased
- ✓Current ratio improved
- ✗No share dilution
- -Gross margin improved
- ✗Asset turnover improved
Peer comparison
Same SIC group: Patent Owners & Lessors
Comparing InterDigital against the 5 most active filers in the same SIC group.
Dividends
$2.70/share trailing 12 months · +42.1% YoY
| Ex-date | Per share |
|---|---|
| Apr 8, 2026 | $0.7000 |
| Jan 14, 2026 | $0.7000 |
| Oct 8, 2025 | $0.7000 |
| Jul 9, 2025 | $0.6000 |
| Apr 9, 2025 | $0.6000 |
| Jan 8, 2025 | $0.4500 |
| Oct 9, 2024 | $0.4500 |
| Jul 10, 2024 | $0.4000 |
| Apr 9, 2024 | $0.4000 |
| Jan 9, 2024 | $0.4000 |
| Oct 10, 2023 | $0.4000 |
| Jul 11, 2023 | $0.3500 |
| Apr 11, 2023 | $0.3500 |
| Jan 10, 2023 | $0.3500 |
| Oct 11, 2022 | $0.3500 |
| Jul 12, 2022 | $0.3500 |
| Apr 12, 2022 | $0.3500 |
| Jan 11, 2022 | $0.3500 |
| Oct 12, 2021 | $0.3500 |
| Jul 13, 2021 | $0.3500 |
| Apr 13, 2021 | $0.3500 |
| Jan 12, 2021 | $0.3500 |
| Oct 13, 2020 | $0.3500 |
| Jul 7, 2020 | $0.3500 |