IDCC Technology

InterDigital, Inc.

$313.60-0.74%

Price as of close on Nov 3, 2026 · Financials updated Oct 9, 2026

Basics

Sector: Technology
Industry: Software - Application
Country: United States
Market cap: 8.1B USD
Enterprise value: 7.5B USD
Full-time employees: 460

Overall health

Strength: its shares are priced lower than most peers relative to what it earnspriced lower than peers for its earnings
Drawback: growing more slowly than most peersgrowing more slowly than peers
Drawback: its share price swings more than most peers’ (beta 1.42 vs a peer median of 0.87)bigger price swings (beta 1.42 vs peers 0.87)
About average: risk (debt, liquidity and share-price swings)risk

Ranks #668 of 1,612 technology companies (top 42%)

See how it ranks against its peers

Worth knowing

Share count shrinking. Shares outstanding down 13% from December 2022 to July 2026.
InterDigital had 13% fewer shares at July 2026 than at December 2022, mainly through buybacks, so each remaining share owns a larger slice of the business.
Profitable, but revenue is shrinking. More profitable than most peers, but revenue fell 12% in the 12 months to June 2026 vs the 12 months before.
InterDigital is more profitable than most peers, yet revenue fell 12% in the 12 months to June 2026 vs the 12 months before.
Profit is backed by cash. Free cash flow is 184% of reported profit.
InterDigital's free cash flow is 184% of its reported profit, so its earnings are turning into cash it can reinvest, pay out or use to reduce debt.
Wide margins. Operating margin 44% (12 months to Jun 2026) vs a peer median of 6.3%.Operating margin 44% vs peers 6.3%.
InterDigital keeps 44% of revenue as operating profit, more than 95% of peers (median 6.3%).

StockQuotient Score

55/ 100

Oct 5 55 → Nov 4 55

Valuation

Is the price right?

66/100

Moderate

3/3 inputs reported · High confidence

Since last quarter: No major changeValuation also moves with the share price every day.

Why

Stronger than most peers on:

▲ FCF yield
▲ Earnings yield

Compare with peers

Behind the score

Sector-normalized EBITDA, earnings, and free cash flow yields.

Earnings yield3.7%

SEC filings · 12 months to Jun 2026Reported value30% base weight · Z-score 0.66Sector median: 0.0225 · MAD: 0.0225

EBITDA yield5.7%

SEC filings · 12 months to Jun 2026Reported value50% base weight · Z-score 0.42Sector median: 0.0423 · MAD: 0.0361

Free cash flow yield6.9%

SEC filings · 12 months to Jun 2026 · operating cash flow − capital spendingReported value20% base weight · Z-score 1.50Sector median: 0.0274 · MAD: 0.0274

Other data (not scored)

Book yield14.9%

SEC filings · latest balance sheetReported valueInformational · 0% composite weightSector median: 0.3292 · MAD: 0.1754

Growth

Is it growing?

25/100

Weak

3/3 inputs reported · High confidence

Since last quarter: ▼ Weaker

12-month revenue fell 4.9%

Why

Weaker than most peers on:

▼ Revenue growth
▼ EPS growth

Compare with peers

Behind the score

Revenue and earnings-per-share growth over one year, and revenue growth over three years.

Earnings per share growth-34.8%

SEC filings · 12 months to Jun 2026Reported value33% base weight · Z-score -1.50Sector median: 0.1108 · MAD: 0.3050

3-year revenue growth13.7%

SEC filings · 3 years to Jun 2026Reported value33% base weight · Z-score 1.12Sector median: 0.0483 · MAD: 0.0793

Revenue growth-11.7%

SEC filings · 12 months to Jun 2026Reported value33% base weight · Z-score -1.98Sector median: 0.0853 · MAD: 0.1017

Profitability

Does it earn well?

94/100

Strong

3/3 inputs reported · High confidence

Since last quarter: ▼ Weaker

Operating margin fell 5.9 points to 43.8%

Why

Stronger than most peers on:

▲ Operating margin
▲ ROA
▲ ROIC

Compare with peers

Behind the score

Return on invested capital, operating margin, and return on assets.

Operating margin43.8%

SEC filings · 12 months to Jun 2026Outlier capped at sector 5th/95th percentile33% base weight · Z-score 3.63Sector median: 0.0631 · MAD: 0.0710

Return on assets13.8%

SEC filings · 12 months to Jun 2026Reported value33% base weight · Z-score 3.00Sector median: 0.0293 · MAD: 0.0362

Return on invested capital27.9%

SEC filings · 12 months to Jun 2026Reported value33% base weight · Z-score 2.47Sector median: 0.0676 · MAD: 0.0857

Other data (not scored)

Gross margin82.5%

Yahoo Finance fallback · SEC figure unavailable or out of date · trailing 12 monthsOutlier capped at sector 5th/95th percentileInformational · 0% composite weightSector median: 0.3343 · MAD: 0.1632

Return on equity25.1%

SEC filings · 12 months to Jun 2026Reported valueInformational · 0% composite weightSector median: 0.0753 · MAD: 0.0889

Risk

Debt, liquidity, price swings

Moderate

Moderate relative risk

3/3 inputs reported · High confidence

Since last quarter: No major change

Why

Held back by:

▼ Beta

Compare with peers

Behind the score

Relative to sector peers: 0 = lower relative risk · 1 = moderate · 2 = higher. Based on leverage, beta and liquidity.

Beta1.42

Yahoo Finance · 5-year monthly beta vs the marketReported value33% base weight · Z-score -1.48Sector median: 0.8710 · MAD: 0.3700

Current ratio1.74×

SEC filings · latest balance sheetReported value33% base weight · Z-score -0.13Sector median: 1.8295 · MAD: 0.6848

Debt / equity0.32×

SEC filings · latest balance sheetReported value33% base weight · Z-score -0.33Sector median: 0.2495 · MAD: 0.2270

Valuation, growth and profitability scores: higher is better. Risk: 0 is lower, 2 is higher. Risk is a relative proxy, not a bankruptcy probability. Scores depend on available sector peers.

Questions investors ask about InterDigital

Is InterDigital getting weaker?: Its latest SEC filing (Jul 30, 2026) got weaker in some ways: operating margin fell 5.9 points to 43.8%; 12-month revenue fell 4.9%. Its overall score is unchanged at 55/100 since Oct 28, 2026.
How is InterDigital valued vs its peers?: Priced lower than most peers relative to what it earns. Valuation scores 66/100 against 1,711 technology peers. Free cash flow yield 6.9% vs a peer median of 2.7% (stronger than 77% of peers).Free cash flow yield 6.9% vs peers 2.7% (stronger than 77% of peers).
Is InterDigital growing?: More slowly than most of its peers. Growth scores 25/100 against 1,711 technology peers. 3-year revenue growth 13.7% vs a peer median of 4.8% (stronger than 75% of peers).3-year revenue growth 13.7% vs peers 4.8% (stronger than 75% of peers). Revenue growth -11.7% vs a peer median of 8.5% (weaker than 90% of peers).Revenue growth -11.7% vs peers 8.5% (weaker than 90% of peers).
How profitable is InterDigital?: More profitable than most of its peers. Profitability scores 94/100 against 1,711 technology peers. Operating margin 43.8% vs a peer median of 6.3% (stronger than 95% of peers).Operating margin 43.8% vs peers 6.3% (stronger than 95% of peers).
How risky is InterDigital?: Moderate risk relative to 1,711 technology peers, judged on debt, liquidity and share-price swings. Beta 1.42 vs a peer median of 0.87 (weaker than 80% of peers).Beta 1.42 vs peers 0.87 (weaker than 80% of peers). A relative measure, not a bankruptcy probability.

Latest filing: what changed

Quarter ended Jun 30, 2026 · filed Jul 30, 2026 · compared with the quarter ended Mar 31, 2026

Got weaker

Operating margin fell 5.9 points to 43.8%
12-month revenue fell 4.9%

	Previous quarter	Latest quarter	Change
Revenue (12 months)	828.9M USD	788.5M USD	−4.9%
Net income (12 months)	366.3M USD	302.1M USD	−17.5%
Operating margin	49.6%	43.8%	−5.9 pts
Free cash flow (12 months)	578.2M USD	554.6M USD	−4.1%
Debt	388.3M USD	389.1M USD	+0.2%
Cash	607.6M USD	615.6M USD	+1.3%
Shares outstanding	25.8M	25.8M	−0.2%

From the company’s own SEC filings, as filed. Twelve-month figures roll forward one quarter at a time.

Industry valuation context

Industry: Software - Application · 81 companies

Valuations in Software - Application are near the bottom of their range since 2016.

6% of months since 2016 were valued lower than now.
8% of companies are in the most expensive fifth of their own price-to-sales history.
Over 24 months, company values −16% and earnings +31% (medians): earnings grew faster than prices.
Median price-to-sales is +85% vs the whole market, against a usual +235%.

2016Shaded: most expensive fifth of its range2026

Financials

Fiscal years from SEC annual filings · change vs the prior year

Key ratios	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	Change
Operating margin	16.7%	32.9%	40.3%	50.6%	55.3%	▲ 4.7 pts
Net margin	13.0%	20.5%	39.0%	41.3%	48.8%	▲ 7.5 pts
Return on assets (ROA)	3.4%	4.9%	12.1%	19.5%	19.7%	▲ 0.2 pts
Return on equity (ROE)	7.4%	12.9%	36.8%	41.8%	36.9%	▼ 4.9 pts
Free cash flow margin	30.1%	61.8%	38.1%	30.6%	63.4%	▲ 33 pts
Current ratio	2.83×	4.96×	1.33×	1.70×	1.84×	▲ 8.8%
Debt to equity	0.57×	0.84×	1.05×	0.55×	0.43×	▼ 22%
Interest coverage	2.82×	5.10×	4.94×	9.68×	11.53×	▲ 19%

IDCC price history

Price history is added with the daily price update and will appear after the next one.

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Bringing the fundamentals into focus…

Overall health

Strength: its shares are priced lower than most peers relative to what it earnspriced lower than peers for its earnings

Drawback: growing more slowly than most peersgrowing more slowly than peers

Drawback: its share price swings more than most peers’ (beta 1.42 vs a peer median of 0.87)bigger price swings (beta 1.42 vs peers 0.87)

About average: risk (debt, liquidity and share-price swings)risk

Ranks #668 of 1,612 technology companies (top 42%)

See how it ranks against its peers

Worth knowing

Share count shrinking. Shares outstanding down 13% from December 2022 to July 2026.

InterDigital had 13% fewer shares at July 2026 than at December 2022, mainly through buybacks, so each remaining share owns a larger slice of the business.

Profitable, but revenue is shrinking. More profitable than most peers, but revenue fell 12% in the 12 months to June 2026 vs the 12 months before.

InterDigital is more profitable than most peers, yet revenue fell 12% in the 12 months to June 2026 vs the 12 months before.

Profit is backed by cash. Free cash flow is 184% of reported profit.

InterDigital's free cash flow is 184% of its reported profit, so its earnings are turning into cash it can reinvest, pay out or use to reduce debt.

Wide margins. Operating margin 44% (12 months to Jun 2026) vs a peer median of 6.3%.Operating margin 44% vs peers 6.3%.

InterDigital keeps 44% of revenue as operating profit, more than 95% of peers (median 6.3%).

Questions investors ask about InterDigital

Is InterDigital getting weaker?

Its latest SEC filing (Jul 30, 2026) got weaker in some ways: operating margin fell 5.9 points to 43.8%; 12-month revenue fell 4.9%. Its overall score is unchanged at 55/100 since Oct 28, 2026.

How is InterDigital valued vs its peers?

Priced lower than most peers relative to what it earns. Valuation scores 66/100 against 1,711 technology peers. Free cash flow yield 6.9% vs a peer median of 2.7% (stronger than 77% of peers).Free cash flow yield 6.9% vs peers 2.7% (stronger than 77% of peers).

Is InterDigital growing?

More slowly than most of its peers. Growth scores 25/100 against 1,711 technology peers. 3-year revenue growth 13.7% vs a peer median of 4.8% (stronger than 75% of peers).3-year revenue growth 13.7% vs peers 4.8% (stronger than 75% of peers). Revenue growth -11.7% vs a peer median of 8.5% (weaker than 90% of peers).Revenue growth -11.7% vs peers 8.5% (weaker than 90% of peers).

How profitable is InterDigital?

More profitable than most of its peers. Profitability scores 94/100 against 1,711 technology peers. Operating margin 43.8% vs a peer median of 6.3% (stronger than 95% of peers).Operating margin 43.8% vs peers 6.3% (stronger than 95% of peers).

How risky is InterDigital?

Moderate risk relative to 1,711 technology peers, judged on debt, liquidity and share-price swings. Beta 1.42 vs a peer median of 0.87 (weaker than 80% of peers).Beta 1.42 vs peers 0.87 (weaker than 80% of peers). A relative measure, not a bankruptcy probability.

Previous quarter

Latest quarter

Change

Revenue (12 months)

828.9M USD

788.5M USD

−4.9%

Net income (12 months)

366.3M USD

302.1M USD

−17.5%

Operating margin

49.6%

43.8%

−5.9 pts

Free cash flow (12 months)

578.2M USD

554.6M USD

−4.1%

Debt

388.3M USD

389.1M USD

+0.2%

Cash

607.6M USD

615.6M USD

+1.3%

Shares outstanding

25.8M

25.8M

−0.2%

Key ratios

FY 2021

FY 2022

FY 2023

FY 2024

FY 2025

Change

Operating margin

16.7%

32.9%

40.3%

50.6%

55.3%

▲ 4.7 pts

Net margin

13.0%

20.5%

39.0%

41.3%

48.8%

▲ 7.5 pts

Return on assets (ROA)

3.4%

4.9%

12.1%

19.5%

19.7%

▲ 0.2 pts

Return on equity (ROE)

7.4%

12.9%

36.8%

41.8%

36.9%

▼ 4.9 pts

Free cash flow margin

30.1%

61.8%

38.1%

30.6%

63.4%

▲ 33 pts

Current ratio

2.83×

4.96×

1.33×

1.70×

1.84×

▲ 8.8%

Debt to equity

0.57×

0.84×

1.05×

0.55×

0.43×

▼ 22%

Interest coverage

2.82×

5.10×

4.94×

9.68×

11.53×

▲ 19%