InterDigital, Inc. 8K

InterDigital, Inc. announced strong full-year 2025 financial results driven by licensing growth, detailed the near-term convertibility of its 2027 convertible notes, and issued revenue and earnings guidance for Q1 and full year 2026.

InterDigital, Inc. reported its fourth quarter and full year 2025 results, highlighting near-record annual revenue of $834.0 million driven by record smartphone licensing revenue and a 24% year-over-year increase in annualized recurring revenue to $582.4 million, along with record net income of $406.6 million, record adjusted EBITDA of $588.9 million, record non-GAAP EPS of $15.31, and record free cash flow of $473.9 million. The company noted that Q4 2025 revenue and profitability declined versus Q4 2024 primarily due to significantly lower catch-up revenue, while full-year performance improved on higher recurring revenue and lower operating expenses. Business highlights included completing its most valuable license ever with Samsung, new licenses with vivo, Honor, and HP, acquisition of video AI start-up Deep Render, injunctions against Disney video streaming services in Brazil and Germany, growth of its patent portfolio to about 38,000 assets, and returning $169.4 million of capital to shareholders via share repurchases and dividends. InterDigital also disclosed that its 3.50% Senior Convertible Notes due 2027 are convertible in the quarter ending March 31, 2026, described the associated call spread transactions that effectively raise the economic conversion price, and provided financial guidance for Q1 and full year 2026, including projected 2026 revenue of $675–$775 million and non-GAAP EPS of $8.74–$11.84.

Filing Facts

CIK

1405495

Ticker

-

Form

8K

Source Type

sec

Accession

0001405495-26-000010

Alert Tier

7