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IDCC Events
InterDigital Secures Injunction Against Disney in Europe
InterDigital (IDCC) announced that it has been awarded another injunction against Disney (DIS) by a court in Europe. The Dusseldorf Local Division of the Unified Patent Court ruled that InterDigital is entitled to an injunction over Disney's infringement of an InterDigital patent covering technology which allows users to enjoy seamless viewing when sharing video content between different devices; the court also confirmed the validity of this patent. The injunction against Disney covers Germany and the Netherlands. Disney can appeal the decision. The judgment from the Dusseldorf court is the third injunction that InterDigital has received from the UPC against Disney; the two previous injunctions both covered patents related to certain video encoding techniques related to HEVC. The UPC is a pan-European patent court which issues decisions that apply across multiple countries in the European Union. Outside of the UPC, InterDigital has been awarded injunctions from national courts in Germany and Brazil for Disney's infringement of InterDigital's intellectual property related to high dynamic range technology, the dynamic overlaying of multiple video streams, and additional encoding technologies related to HEVC and AVC.
InterDigital Q2 Revenue $260.17M, Raises 2026 Guidance to $775M-$845M
Reports Q2 revenue $260.17M vs. $300.6M last year. "We have delivered another outstanding quarter, with continued momentum across our business, including our new agreement with Amazon, driving annualized recurring revenue1 to a record $626 million," commented Liren Chen, InterDigital CEO and President. "Building on the strength of our second quarter results, the increased business momentum, and the opportunity to make more progress over the balance of this year, we have raised the full year 2026 guidance to between $775 million and $845 million, an increase of $85 million at the midpoint."
Sees Q3 Revenue of $154M-$158M
Sees Q3 revenue $154M-$158M, consensus $157.55M.
Company Raises FY26 Revenue Outlook to $775M-$845M
Consensus $9.61. Raises FY26 revenue view to $775M-$845M from $675M-$775M, consensus $706.2M. Raises FY26 adjusted EBITDA view to $469M-$529M from $381M-$477M. The company said, "The Company raised its full year 2026 outlook and provided an initial outlook for third quarter 2026 in the table below. The outlook for third quarter 2026 covers existing licenses and does not include any new agreements or enforcement action results we may sign or receive over the balance of the third quarter. The outlook for full year 2026 includes both existing licenses and the expected contributions from new agreements and/or enforcement actions we may receive over the balance of the year."
InterDigital Secures Injunction Against Disney
InterDigital (IDCC) announced that it has been awarded another injunction against Disney (DIS) by the Unified Patent Court, or UPC. The UPC is a pan-European patent court which issues decisions that apply across multiple countries in the European Union, or EU. The Dusseldorf Local Division of the UPC ruled that InterDigital is entitled to an injunction over Disney's infringement of an InterDigital patent covering certain video encoding techniques related to HEVC and confirmed the validity of this patent. The injunction against Disney spans 11 EU countries, including France, Germany and Italy. Disney can appeal the decision. The judgment from the Dusseldorf court is the second injunction related to encoding for HEVC that InterDigital has received from the UPC against Disney. Other injunctions have been issued by national courts in Germany and Brazil over Disney's infringement of InterDigital's intellectual property related to high dynamic range technology, the dynamic overlaying of multiple video streams, casting video content over different devices, and additional compression technologies related to HEVC and AVC.
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