InterDigital Q4 profit tops estimates on license deals with Samsung, others

Reuters02-05
<a href="https://laohu8.com/S/IDCC">InterDigital</a> Q4 profit tops estimates on license deals with Samsung, others

Overview

  • Wireless tech firm's Q4 revenue beat analyst expectations

  • Adjusted EPS for Q4 beat analyst expectations

  • Company completed acquisition of video AI start-up Deep Render

Outlook

  • InterDigital projects Q1 2026 revenue between $194 mln and $200 mln

  • Company expects full-year 2026 revenue between $675 mln and $775 mln

  • InterDigital anticipates Q1 2026 adjusted EBITDA between $101 mln and $110 mln

Result Drivers

  • SMARTPHONE LICENSING - Record performance in smartphone licensing drove significant revenue, contributing $678.9 mln for the year

  • LICENSING AGREEMENTS - New license agreements with Samsung, Vivo, and Honor boosted revenue

  • OPERATING EXPENSES - Decrease in operating expenses, mainly from lower revenue-share costs, supported higher profitability

Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q4 Revenue

Beat

$158.20 mln

$150.59 mln (4 Analysts)

Q4 Adjusted EPS

Beat

$2.12

$1 (3 Analysts)

Q4 EPS

$1.20

Q4 Net Income

$43 mln

Q4 Adjusted EBITDA

$88.20 mln

Q4 Adjusted EBITDA Margin

56.00%

Q4 Operating Expenses

$110.40 mln

Analyst Coverage

  • The current average analyst rating on the shares is "strong buy" and the breakdown of recommendations is 5 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

  • The average consensus recommendation for the communications & networking peer group is "buy."

  • Wall Street's median 12-month price target for InterDigital Inc is $450.00, about 43.4% above its February 4 closing price of $313.87

  • The stock recently traded at 46 times the next 12-month earnings vs. a P/E of 49 three months ago

Press Release: ID:nGNX8jCk7p

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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