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IDCC News
IDCC Events
Raises FY26 Revenue Outlook to $813M-$819M
Consensus $11.56. Raises FY26 revenue view to $813M-$819M from $775M-$845M, consensus $796.38M. Narrows FY26 adjusted EBITDA view to $507M-$515M from $469M-$529M.
InterDigital Reports Q3 Revenue of $193.43M
Reports Q3 revenue $193.43M, consensus $152.97M. "This was another excellent quarter, with double-digit growth in revenue and profitability and record annualized recurring revenue," said Liren Chen, President and CEO of InterDigital. "We secured a new PC license through arbitration and advanced our video services program. Building on last quarter's increase in annual guidance, our strong execution in Q3 supports another increase to the midpoint of our full-year revenue guidance, this time based only on revenue already under contract. We continue to pursue additional business in Q4 to build on these results."
Company Sees Q4 Revenue of $154M-$160M
Sees Q4 revenue $154M-$160M, consensus $174.22M. Sees Q4 adjusted EBITDA $80M-$88M. The company said, "The Company has provided an outlook for fourth quarter and full year 2026 in the table below, in both cases based on contracted revenue only and does not include any new agreements or enforcement action results we may sign or receive over the balance of the fourth quarter. Any new agreements and/or enforcement actions we may receive over the balance of the fourth quarter would be additive."
InterDigital Wins Preliminary Injunction Against TCL in Brazil
InterDigital announced it has been awarded a preliminary injunction against TCL by a court in Brazil related to HEVC technology. The 3rd Business Court of the Judicial District of the Capital of Rio de Janeiro adopted the findings of an independent expert report, commissioned by the Rio court, which fully supported InterDigital's position that TCL infringes the two patents-in-suit, that the patents are essential to the HEVC standard and that InterDigital's offers met its fair, reasonable and non-discriminatory obligations. In finding that InterDigital had complied with its FRAND obligations, the court noted TCL's offers were lower by "a different order of magnitude". Under the court's ruling, TCL must refrain from implementing the HEVC standard in devices they manufacture, import or offer for sale in Brazil. "InterDigital is widely recognized as one of the leading contributors to the HEVC codec which has become such a vital part of how video content is encoded and then decoded on devices like TCL's," commented Josh Schmidt, Chief Legal Officer, InterDigital. "We welcome the Rio court's decision and call on TCL to take a license, like its competitors, that fairly values our portfolio."
InterDigital Increases Quarterly Cash Dividend to $0.75 per Share
InterDigital has approved an increase in the company's quarterly cash dividend from 70c to 75c per share. The increase in the regular quarterly dividend will take effect beginning with the dividend paid in Q4. The board also declared a regular quarterly cash dividend of 75c per share on its common stock, payable on October 28 to shareholders of record at the close of business on October 14.
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