July 23, 2026 04:34 ET | Source: InterDigital, Inc.
WILMINGTON, Del., July 23, 2026 (GLOBE NEWSWIRE) -- InterDigital, Inc. (Nasdaq: IDCC), a wireless, video and AI technology research and development company, today announced that it has been awarded another injunction against Disney by the Unified Patent Court (UPC). The UPC is a pan-European patent court which issues decisions that apply across multiple countries in the European Union (EU).
The Düsseldorf 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 Düsseldorf 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 (HDR) technology, the dynamic overlaying of multiple video streams, casting video content over different devices, and additional compression technologies related to HEVC and AVC.
“Encoding for HEVC is a key component of the high-quality, premium viewing experience that streaming companies like Disney use to justify higher subscription prices,” said Josh Schmidt, Chief Legal Officer, InterDigital. “InterDigital has invested heavily in the development of advanced video encoding technologies and we remain committed to receiving a fair return for Disney’s ongoing use of our patented innovations.”
About InterDigital®
InterDigital is a global research and development company focused primarily on wireless, video, artificial intelligence (“AI”), and related technologies. We design and develop foundational technologies that enable connected, immersive experiences in a broad range of communications and entertainment products and services. We license our innovations worldwide to companies providing such products and services, including makers of wireless communications devices, consumer electronics, IoT devices, cars and other motor vehicles, and providers of cloud-based services such as video streaming. As a leader in wireless technology, our engineers have designed and developed a wide range of innovations that are used in wireless products and networks, from the earliest digital cellular systems to 5G and today’s most advanced Wi-Fi technologies. We are also a leader in video processing and video encoding/decoding technology, with a significant AI research effort that intersects with both wireless and video technologies. Founded in 1972, InterDigital is listed on Nasdaq.
InterDigital is a registered trademark of InterDigital, Inc.
For more information, visit: www.interdigital.com.
InterDigital Contact:
Richard Lloyd
Email: [email protected]
+1 (202) 349-1716
Fifth Third Bancorp boosted its holdings in InterDigital, Inc. (NASDAQ: IDCC) by 1,017.1% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 7,105 shares of the Wireless communications provider's stock after acquiring an additional 6,469 shares during the period. Fifth Third
WILMINGTON, Del., July 22, 2026 (GLOBE NEWSWIRE) -- As the world prepares for billions of new connected devices, autonomous systems, and immersive experiences that will demand more intelligent, more efficient, and more adaptive networks, InterDigital, Inc. (Nasdaq: IDCC) is revealing the expertise shaping the future of 6G in the new docu-film, “Built on Innovation: InterDigital and the Future of Connectivity.
July 21, 2026 08:30 ET | Source: InterDigital, Inc.
WILMINGTON, Del., July 21, 2026 (GLOBE NEWSWIRE) -- InterDigital, Inc. (Nasdaq: IDCC), a wireless, video, and AI technology research and development company, today announced that the company has signed a new patent license agreement with KEBA Energy Automation GmbH.
The agreement covers certain KEBA EV charger products under InterDigital’s global patent portfolio related to the 3G, 4G and Wi-Fi standards.
“This license reflects the expansion of connectivity into new verticals and demonstrates KEBA’s recognition of the value our innovation brings to products in the Internet of Things,” commented Julia Mattis, Chief Licensing Officer, InterDigital. “We expect to see continued licensing momentum as more manufacturers implement our technology across new device categories in the IoT market.”
About InterDigital®
InterDigital is a global research and development company focused primarily on wireless, video, artificial intelligence (“AI”), and related technologies. We design and develop foundational technologies that enable connected, immersive experiences in a broad range of communications and entertainment products and services. We license our innovations worldwide to companies providing such products and services, including makers of wireless communications devices, consumer electronics, IoT devices, cars and other motor vehicles, and providers of cloud-based services such as video streaming. As a leader in wireless technology, our engineers have designed and developed a wide range of innovations that are used in wireless products and networks, from the earliest digital cellular systems to 5G and today’s most advanced Wi-Fi technologies. We are also a leader in video processing and video encoding/decoding technology, with a significant AI research effort that intersects with both wireless and video technologies. Founded in 1972, InterDigital is listed on Nasdaq.
InterDigital is a registered trademark of InterDigital, Inc.
For more information, visit: www.interdigital.com.
InterDigital Contact:
Richard Lloyd
Email: [email protected]
+1 (202) 349-1716
July 14, 2026 08:30 ET | Source: InterDigital, Inc.
WILMINGTON, Del., July 14, 2026 (GLOBE NEWSWIRE) -- InterDigital, Inc. (Nasdaq: IDCC), a wireless, video and AI technology research and development company, today announced that the company will release its second quarter 2026 financial results before the market open on Thursday, July 30, 2026.
InterDigital executives will host a conference call that same day at 10:00 a.m. Eastern Time (ET) to discuss the company performance.
For a live webcast of the conference call visit www.interdigital.com and click on the “Webcast” link on the Investors page. The company encourages participants to take advantage of the webcast option.
See below for dial-in details to join the call telephonically:
USA - Toll-Free (800) 715-9871
USA / International Toll +1 (646) 307-1963
Conference ID 5903891 or Conference Name
A replay of the conference call will be available on InterDigital’s website under Events in the Investors section. The replay will be available for one year.
About InterDigital®
InterDigital is a global research and development company focused primarily on wireless, video, artificial intelligence (“AI”), and related technologies. We design and develop foundational technologies that enable connected, immersive experiences in a broad range of communications and entertainment products and services. We license our innovations worldwide to companies providing such products and services, including makers of wireless communications devices, consumer electronics, IoT devices, cars and other motor vehicles, and providers of cloud-based services such as video streaming. As a leader in wireless technology, our engineers have designed and developed a wide range of innovations that are used in wireless products and networks, from the earliest digital cellular systems to 5G and today’s most advanced Wi-Fi technologies. We are also a leader in video processing and video encoding/decoding technology, with a significant AI research effort that intersects with both wireless and video technologies. Founded in 1972, InterDigital is listed on Nasdaq.
InterDigital is a registered trademark of InterDigital, Inc.
For more information, visit: www.interdigital.com.
InterDigital maintains a stable, de-risked smartphone licensing base, complemented by a $0.70/share quarterly dividend and ongoing buybacks. IDCC's annualized recurring revenue grew 13% to $567.2M, with smartphone ARR up 18% and significant CE/IoT/Auto diversification offsetting smartphone timing declines. Margins are compressed near-term due to LG revenue-sharing and IP enforcement costs, but management reaffirms full-year guidance and expects normalization post-2026.
July 10, 2026 16:30 ET | Source: InterDigital, Inc.
WILMINGTON, Del., July 10, 2026 (GLOBE NEWSWIRE) -- InterDigital, Inc. (Nasdaq: IDCC) (the “Company” or “InterDigital”) announced today an adjustment to the conversion rate applicable to its 3.50% Senior Convertible Notes due 2027 (the “Notes”). In connection with the upcoming payment of the Company’s regular quarterly cash dividend previously announced by the Company on June 11, 2026, the conversion rate for the Notes increased to 13.0351 shares of the Company’s common stock per $1,000 principal amount of Notes effective July 8, 2026, the ex-dividend date for the quarterly cash dividend.
About InterDigital
InterDigital is a global research and development company focused primarily on wireless, video, artificial intelligence (“AI”), and related technologies. We design and develop foundational technologies that enable connected, immersive experiences in a broad range of communications and entertainment products and services. We license our innovations worldwide to companies providing such products and services, including makers of wireless communications devices, consumer electronics, IoT devices, cars and other motor vehicles, and providers of cloud-based services such as video streaming. As a leader in wireless technology, our engineers have designed and developed a wide range of innovations that are used in wireless products and networks, from the earliest digital cellular systems to 5G and today’s most advanced Wi-Fi technologies. We are also a leader in video processing and video encoding/decoding technology, with a significant AI research effort that intersects with both wireless and video technologies. Founded in 1972, InterDigital is listed on Nasdaq.
InterDigital is a registered trademark of InterDigital, Inc.
For more information, visit: www.interdigital.com.
Chief Technology Officer Rajesh Pankaj sold 1,500 shares of InterDigital, Inc. (IDCC 2.05%) on July 6, 2026, as disclosed in a SEC Form 4 filing.
Transaction summaryMetricValueTransaction value$429,000Shares sold (directly held)1,500Post-transaction shares (directly held)67,976Post-transaction value$19.23 millionTransaction value based on SEC Form 4 weighted average sale price ($286.00); post-transaction value based on July 6, 2026 market close.
Company snapshotTicker: IDCCMarket Cap: $7.2 billionEmployees: 430Headquarters: WilmingtonInterDigital, Inc., through its affiliated companies, specializes in the design and advancement of technologies that facilitate and improve wireless communications across major global regions. The company furnishes technological solutions applicable to various digital cellular and general wireless products and networks, spanning generations from 2G through 5G.
Key questionsWhat was the mechanism for this disposal of shares?
This transaction was conducted through a Rule 10b5-1 trading plan adopted on November 20, 2025, which allows insiders to set up a predetermined schedule for selling stock to manage personal liquidity.How does this transaction affect the insider's total equity position?
The sale involved 2% of Pankaj's direct holdings, leaving the Chief Technology Officer with 67,976 shares of common stock held directly.What is the recent performance context for InterDigital shares?
The company shares were priced at $282.89 at the July 6, 2026 market close, reflecting a one-year total return of 26% as of that date.Company OverviewMetricValueShare Price (as of market close 2026-07-06)$282.89Market Capitalization$7.2 billionRevenue (TTM)$828.9 millionNet Income (TTM)$366.4 millionCompany SnapshotInterDigital designs and advances wireless communication technologies applicable to digital cellular and general wireless products and networks spanning 2G through 5G generations, as well as IEEE 802 standards-based solutions, generating revenue through licensing and technology solutions across major global markets.The company operates a technology licensing and development business model, monetizing its intellectual property portfolio and technological innovations through licensing agreements with telecommunications equipment manufacturers and network operators worldwide.InterDigital primarily serves telecommunications equipment manufacturers, network operators, and wireless technology companies across the United States, China, South Korea, Japan, Taiwan, and Europe that require advanced wireless communication technologies and standards compliance.InterDigital is a technology-driven intellectual property company with a $7.2 billion market capitalization, generating approximately $828.9 million in TTM revenue with strong profitability demonstrated by $366.4 million in TTM net income.
The company maintains a competitive advantage through its extensive patent portfolio and deep expertise in wireless communications standards, positioning it as a critical technology provider in the global telecommunications ecosystem.
With 430 employees and operations spanning major technology hubs globally, InterDigital leverages its specialized knowledge to capture value across successive generations of wireless technology advancement.
What this transaction means for investorsThe July 6 sale of InterDigital stock by its CTO Rajesh Pankaj occurred at a time when the stock was down substantially from its 52-week high of $412.60 reached in 2025. However, his disposition is not a red flag for investors, since it was a non-discretionary transaction as part of a pre-arranged Rule 10b5-1 trading plan.
Insiders often implement such plans to avoid accusations of trading based on insider information. Moreover, the transaction was in line with previous dispositions of similar size. Dr. Pankaj also sold 1,500 shares in June as part of his trading plan. He retained nearly 68,000 shares post-transaction, demonstrating that he maintains a robust equity position.
InterDigital shares are down as revenue has declined. In the first quarter, the company produced $205.4 million in sales, a 2% year-over-year drop from 2025. This combined with a 57% increase in operating expenses led to net income of $75.3 million, a 35% fall from the previous year.
June 16, 2026 06:30 ET | Source: InterDigital, Inc.
WILMINGTON, Del., June 16, 2026 (GLOBE NEWSWIRE) -- InterDigital, Inc. (Nasdaq: IDCC), a wireless, video and AI technology research and development company, today announced it has been awarded another injunction against Disney by a court in Europe.
The Mannheim Local Division of the Unified Patent Court (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 UPC is a pan-European patent court which issues decisions that apply across multiple countries in the European Union (EU); here, the injunction against Disney spans 11 EU countries. Disney can appeal the decision.
The judgment from the Mannheim court is the first injunction InterDigital has received from the UPC against Disney. Other injunctions have been issued by courts in Germany and Brazil for Disney’s infringement of InterDigital’s intellectual property related to high dynamic range (HDR) technology, the dynamic overlaying of multiple video streams, and additional compression technologies related to HEVC and AVC.
“Today’s streaming industry could not function without the advanced video technologies that InterDigital researchers have pioneered,” said Josh Schmidt, Chief Legal Officer, InterDigital. “We remain committed to securing a long-term agreement with Disney, which reflects fair value for innovation that Disney uses every day, and which enables our ongoing investment in our research to develop next generation video technology.”
About InterDigital®
InterDigital is a global research and development company focused primarily on wireless, video, artificial intelligence (“AI”), and related technologies. We design and develop foundational technologies that enable connected, immersive experiences in a broad range of communications and entertainment products and services. We license our innovations worldwide to companies providing such products and services, including makers of wireless communications devices, consumer electronics, IoT devices, cars and other motor vehicles, and providers of cloud-based services such as video streaming. As a leader in wireless technology, our engineers have designed and developed a wide range of innovations that are used in wireless products and networks, from the earliest digital cellular systems to 5G and today’s most advanced Wi-Fi technologies. We are also a leader in video processing and video encoding/decoding technology, with a significant AI research effort that intersects with both wireless and video technologies. Founded in 1972, InterDigital is listed on Nasdaq.
InterDigital is a registered trademark of InterDigital, Inc.
For more information, visit: www.interdigital.com.
InterDigital Contact:
Richard Lloyd
Email: [email protected]
+1 (202) 349-1716
WILMINGTON, Del., June 15, 2026 (GLOBE NEWSWIRE) -- InterDigital, Inc. (Nasdaq: IDCC), a wireless, video, and AI technology research and development company, will participate in the 13th FOKUS Media Web Symposium to demonstrate expertise and the latest innovations enabling interactive AR experiences and energy-efficient video streaming.
The FOKUS Media Web Symposium brings together global media technology experts to explore advancements in web-based media delivery, with this year’s program spotlighting AI-driven creativity, immersive experiences, and sustainable practices across the media value chain. InterDigital is a silver sponsor of the event, and will demonstrate innovation empowering more interactive, interoperable, and sustainable ways to deliver and consume media.
“Next-generation media experiences will be defined by two equally important requirements: greater immersion and greater efficiency,” said Rajesh Pankaj, Chief Technology Officer at InterDigital. “At FOKUS, InterDigital will demonstrate how our research expertise and contributions to global standards are helping make interactive AR experiences feel seamless and also enabling video streaming that reduces energy use without sacrificing quality.”
During the symposium, InterDigital will showcase expertise through demonstrations and workshop presentations.
Energy-Efficient Video Streaming: This demo showcases how InterDigital’s AI-enabled Pixel Value Reduction (PVR) technology enables energy-efficient adaptive video streaming and can boost energy efficiency in video services without compromising perceived visual quality or user experience. AI-enabled PVR has extended video watch time on smartphones by up to 22% in controlled testing, and this demo highlights how PVR-supported adaptive streaming can enable devices to dynamically optimize between energy efficiency and quality of experience.As part of the Green Streaming workshop on June 16 at 16:30 CET, InterDigital’s Principal Engineer Franck Aumont will deliver a presentation on “Enabling Energy-Efficient Luminance-Adaptive Video Streaming.” Franck will outline how InterDigital’s approach to luminance-aware adaptive bitrate streaming can adapt different quality, luminance, and device energy metrics to balance quality of experience and energy objectives. This approach uses InterDigital’s AI-enabled PVR as a content pre-processing technique alongside the MPEG Energy-Efficient Media Consumption standard for novel luminance-aware adaptive bitrate algorithms on the end device.
Interactive AR Experiences: This augmented reality-enhanced interactive world enabled by InterDigital’s contributions to 3GPP and MPEG Scene Description, Avatar, and Haptic standards blends physical and virtual environments in real time. The demo allows virtual objects to remain anchored in a physical environment while responding naturally to user actions and integrating multiple media inputs, like video, spatial audio, avatars, and haptic feedback. InterDigital’s standards contributions support interoperability and scalable deployment across devices and networks, enabling content and service providers to “design once and play everywhere.”As part of the Provenance in Digital & Virtual Worlds workshop on June 16 at 15:00 CET, InterDigital’s Senior Scientist Patrice Hirtzlin will deliver a presentation on “MPEG-I Scene Description,” and its role as a standard enabling interactive and immersive media experiences. Patrice will explain the architecture, procedures, and standards efforts that are shaping new levels of interactivity and engagement in immersive and augmented reality communication.
The 13th FOKUS Media Web Symposium will take place in Berlin, Germany from June 16 - 17, 2026. To register, please visit: https://mws.fraunhofer.de/mws26/registrationmws26/
About InterDigital®
InterDigital is a global research and development company focused primarily on wireless, video, artificial intelligence (“AI”), and related technologies. We design and develop foundational technologies that enable connected, immersive experiences in a broad range of communications and entertainment products and services. We license our innovations worldwide to companies providing such products and services, including makers of wireless communications devices, consumer electronics, IoT devices, cars and other motor vehicles, and providers of cloud-based services such as video streaming. As a leader in wireless technology, our engineers have designed and developed a wide range of innovations that are used in wireless products and networks, from the earliest digital cellular systems to 5G and today’s most advanced Wi-Fi technologies. We are also a leader in video processing and video encoding/decoding technology, with a significant AI research effort that intersects with both wireless and video technologies. Founded in 1972, InterDigital is listed on Nasdaq.
InterDigital® is a registered trademark of InterDigital, Inc.
For more information, visit: www.interdigital.com.
Stocks climbed Thursday, with the Nasdaq and S&P 500 on pace for back-to-back record closes, as investors grew more optimistic about a potential U.S.-Iran nuclear deal. President Trump said talks could resume this weekend, adding, "We’re very close." Oil prices surged, with Brent crude rising 4.7% to $99.39 a barrel.
Iran blockade expands: The U.S. extended its naval blockade of Iran to all ships of any nationality, including beyond the Middle East, keeping energy flows from the Persian Gulf constrained. Cease-fire agreed: Trump announced a 10-day Israel-Lebanon cease-fire, set to begin Thursday at 5 p.m. ET — a development that may ease some regional risk premium currently baked into oil prices. Flu Slump Hits Abbott Earnings 3:36 pm — ABT -5.49%
Abbott (ABT 2.02%) cut its full-year outlook after a weak flu season dented diagnostic testing demand and a recent acquisition weighed on earnings. The company now expects adjusted EPS of $5.38–$5.58, below prior guidance and estimates, as profit fell year over year despite revenue growth. Shares dropped, extending a rough 12-month stretch, even as management pointed to long-term growth from its Exact Sciences deal.
Flu season = earnings lever: Diagnostic test sales fell 7.4%, showing how respiratory trends can swing results quarter to quarter. Growth vs. near-term drag: The Exact Sciences deal is expected to add ~$3B in sales this year—but trims near-term EPS and adds financing pressure. Metric (GAAP unless noted)Q1 2026Q1 2025Y/Y ChangeEPS (Non-GAAP)$1.15$1.095.5%Revenue (billions, Non-GAAP)$11.45$10.3610.5%Net Earnings (billions, Non-GAAP)$2.02$1.925.4%Operating Margin12.1%16.4%-4.3 ppComparable Sales Growth – Medical Devices8.5%n/aN/AComparable Sales Growth – Diagnostics1.8%n/an/a Seth Jayson: BIRD—"A Bad Joke" 3:28 pm — BIRD -27.66%
By Seth Jayson
Team Rule Breakers
You may have seen the news that Allbirds (BIRD 3.11%) is now an AI company. This is, to put it plainly, a bad joke. If this company spent all the cash I figure it might have on its balance sheet, AND the reported $50 million convertible funding facility, that would be $100 million, if I have it right. That is, at best, enough to build and equip maybe a 2-3 MW AI datacenter, but would leave zero cash left to actually run it. No one builds a DC that size, so this Bird AI, despite having zero history in the space, must expect to be able to raise tens of billions of dollars—because that is the table stakes to get into a space that has so far turned out to be a cash incineration space. None of the neo-clouds profit a dime. Do yourself a favor and put this into the same investment bucket that would house train wrecks and fishook mishap videos.
Schwab Slips on Mixed Q1 2:48 pm — SCHW -6.94%
Shares of Charles Schwab (SCHW +2.66%) fell after Q1 results that were broadly strong but missed on key metrics. Revenue rose 16% to nearly $6.5 billion and EPS jumped to $1.43, driven by a 34% surge in trading activity and $140 billion in net new assets. Still, a slight revenue miss and weaker net interest income—hit by lower rates—drove the sell-off. With the stock already flat since last summer and trading near 16x expected earnings, the drop may reflect sentiment as much as fundamentals.
Where expectations cracked: Net interest income slipped sequentially and missed forecasts, a reminder that rate cuts can pressure even well-run brokerages. Setup vs. signal: With assets nearing $12 trillion and trading activity surging, the core engine looks intact—even as the market fixates on short-term misses.
Today's Change
(
2.66
%) $
2.36
Current Price
$
91.06
AMD Rally Defies “Hold” Rating 2:30pm AMD +5.71%
Shares of Advanced Micro Devices (AMD +5.44%) jumped after a Wall Street analyst raised their price target—only for the stock to immediately surpass it. The call kept a “hold” rating but pointed to a mix shift toward higher-margin data center chips and upside from a multiyear AI deal with Meta Platforms (META +0.25%). With AMD up sharply over the past year, valuation has expanded alongside optimism around AI demand, leaving investors weighing continued growth against rising expectations.
Margin Mix Shift: Fewer PC chips, more data center sales could lift profitability as AI workloads scale. Valuation Tightrope: At triple-digit earnings multiples, future gains may hinge on execution catching up to hype. "Everyone's just waiting — for Q1 numbers, for MI450 shipments to start in the back half of the year, and for some proof that those enormous Meta and OpenAI deals actually translate into revenue at the scale promise," Motley Fool analyst Seth Jayson said last week.
Today's Change
(
5.44
%) $
26.55
Current Price
$
515.00
SpaceX Spends $100M on Tesla Trucks 1:10 pm -- TSLA -1.0%
Tesla (TSLA +0.34%) is facing scrutiny as registration data reveals that nearly 20% of fourth-quarter Cybertruck sales came from Elon Musk’s own empire. SpaceX alone accounted for 1,279 units, with Boring Co. and Neuralink also adding to a "buying spree" estimated at $100 million. Without these internal transactions, registrations for the pickup would have plummeted 51% sequentially. This reliance on affiliate purchases highlights a potential demand ceiling for the polarizing EV just as Tesla battles to regain its global lead from China's BYD (BYDDF +0.27%) and established rivals like Ford (F +1.39%).
Artificial Volume Buffer: Analysts suggest Tesla is rapidly exhausting its pool of retail buyers, leaving the company to lean on Musk’s private ventures to maintain optics. This internal shuffle effectively masks a significant slowdown in broader market adoption. Patience Nears the Breaking Point: While management pivots toward robotaxis, the core automotive business remains under heavy pressure following a 20% stock decline since December. Shareholders are increasingly wary as actual consumer appetite for the truck fails to meet Musk's 250,000-unit annual target. TSLA performance
Today -1.0%
1 Year +60.1%
5 Years +57.3%
Related articles
TSLA and SpaceX Pursue Terafab Project Tesla Cracks the European Union Is Tesla's Future Already Priced In?
Today's Lunchtime News 1:00 pm
Quantum computing stocks rallied hard this week after Nvidia (NVDA +0.12%) unveiled Ising, a new family of open-source AI models designed to make quantum computing more practical. IonQ (IONQ 0.29%) and D-Wave Quantum (QBTS 0.92%) have each surged over 50% since Monday, while Rigetti Computing (RGTI +3.30%) and Quantum Computing (QUBT +1.51%) are up more than 20%.
AI as the control plane: CEO Jensen Huang said AI is essential to making quantum computing scalable, with Ising tackling two of the biggest challenges in the field: error correction and calibration. The announcement landed on World Quantum Day, further fueling attention. Still speculative: The entire sector accounts for only about $31 billion in market value, and many stocks remain down sharply year to date despite this week's pop. IBM (IBM 0.64%), Microsoft (MSFT 0.65%), Alphabet (GOOG +1.03%), and Amazon (AMZN 1.87%) are all investing heavily in quantum, but commercial breakthroughs remain years away. CVS Workers Prepare for May Day Strike 12:40 pm -- CVS +0.9%
Over 500 warehouse workers and drivers at a critical CVS Health (CVS +1.17%) distribution center in Virginia have authorized a strike for May 1. Represented by Teamsters Local 592, the group is protesting proposed cuts to healthcare and core benefits while demanding a fair contract. The facility serves as a primary hub for stores across the Mid-Atlantic, including high-volume markets in Washington, D.C., and Baltimore. While CVS maintains that a work stoppage is not imminent and contingency plans are ready, a prolonged walkout could strain regional inventory levels just as the company navigates a complex healthcare landscape.
Logistics Under Fire: A strike would disrupt the flow of pharmaceutical and retail goods across the entire Northeast corridor. The union claims current concessionary demands from management are unacceptable, signaling a widening gap in labor negotiations. Operational Buffer Zones: Management remains confident in reaching a resolution and has established secondary supply routes to prevent empty shelves. Shareholders should watch if these logistics workarounds impact quarterly margins or delivery reliability in the affected regions.
Today's Change
(
1.17
%) $
1.18
Current Price
$
101.66
Reality Labs Pivot: Fees Face Reality 12:10 pm -- META +0.4%
Meta Platforms (META +0.25%) will raise U.S. prices for its Quest VR headsets starting April 19, citing surging memory chip costs. The entry-level Quest 3S jumps to $349.99, while the 512GB Quest 3 sees a $100 increase to $599.99. This pricing shift reflects a broader supply squeeze as chipmakers prioritize high-margin AI infrastructure for Alphabet (GOOG +1.03%) and Microsoft (MSFT 0.65%), leaving consumer hardware manufacturers like Dell (DELL +2.58%) and Sony (SONY 2.48%) to pass costs to buyers. For investors, the hike signals Meta is cooling its "growth-at-all-costs" metaverse burn, which has drained over $70 billion from Reality Labs since 2021.
Prioritizing Profitability Over Reach: After years of subsidizing hardware to capture market share, Meta is shifting toward financial discipline. This price adjustment follows recent layoffs within the hardware division and a scaling back of the Horizon Worlds platform. The AI Competition Tax: Massive demand for data center components is creating an "inflation tax" on personal electronics. As Big Tech rivals hoard silicon for large language models, Meta's hardware margins must now compete directly with the capital-intensive AI arms race. FDA Meeting Ignites HIMS Rally 11:35 am — HIMS +8.5%
Hims & Hers Health (HIMS 6.24%) extended its two-day rally Thursday, surging another 6% as Health Secretary Robert F. Kennedy Jr. signaled an FDA shift on peptide restrictions. The agency scheduled a July review to potentially move seven peptides out of "Category 2" — a restrictive designation for substances deemed too risky for compounding pharmacies. This regulatory thaw directly benefits Hims, which acquired a specialized peptide manufacturing facility last year to target weight loss and muscle recovery markets. While year-to-date performance remains down 23% due to legal friction with Novo Nordisk (NVO +0.43%), investors are betting that looser compounding rules will stabilize the telehealth leader’s growth trajectory.
Strategic Infrastructure Payoff: The California facility acquisition positions the firm to immediately scale production if the FDA Pharmacy Compounding Advisory Committee approves the substances. This would effectively move demand from unregulated sources to Hims' supervised platform. Legal Ceasefire: Novo Nordisk’s decision to drop its patent infringement lawsuit in March cleared a major hurdle, allowing Hims to offer compounded semaglutide alongside traditional FDA-approved medications. This collaboration provides a hybrid model that insulates the company against future supply shortages.
Today's Change
(
-6.24
%) $
-1.80
Current Price
$
27.07
New Claude Model Hits Cloud Giants 11:20 am — STLA +0.1%, MSFT +1.4% in pre-market trading
Anthropic released Claude Opus 4.7 on Thursday, a model designed to outpace predecessors in software engineering and "agentic" tasks while intentionally limiting its own cybersecurity capabilities. This strategic "differential reduction" in power distinguishes Opus 4.7 from the invitation-only Claude Mythos Preview, which remains restricted under the Project Glasswing security initiative. Available at no extra cost via Microsoft (MSFT 0.65%), Google (GOOG +1.03%), and Amazon (AMZN 1.87%), the launch reinforces Anthropic’s "safety-first" branding as it moves toward a rumored 2026 IPO. For investors, the release highlights a shift from raw power to "governed" utility as AI firms navigate increasing scrutiny from the Trump administration.
Silicon Valley Guardrails: By automatically blocking high-risk cyber requests, Anthropic is positioning itself as the low-liability choice for enterprise clients. This creates a clear moat against rivals whose models may face heavier future regulation. Cloud Distribution Dominance: The immediate integration across major cloud providers ensures that Opus 4.7 will drive immediate consumption of AI credits. This infrastructure-heavy approach tethers Anthropic's growth directly to the scaling success of its Big Tech backers. Top of the Morning 10:15 am
By Morning Show host Sanmeet Deo
Team Rule Breakers
Forget the frenzied scramble for SpaceX's expected June IPO. If you want a piece of Elon Musk's cosmic pie, the smartest Foolish move right now might just be buying shares of Alphabet (GOOG +1.03%).
According to recent filings, Google held a 6.11% stake in SpaceX at the end of 2025. Even after expected dilution to roughly 5% following SpaceX's merger with xAI, that slice is poised to be worth a staggering $100 billion if the rocket company hits its targeted $2 trillion IPO valuation.
Why Alphabet Beats the IPO Hype
Chasing a record-breaking $75 billion mega-IPO means battling institutional investors for potentially overpriced shares. Alphabet offers a brilliant backdoor play. By owning Google stock, you get the foundational stability of a dominant, cash-generating tech behemoth, plus the massive upside of a 12-figure space windfall.
How Could Google Deploy a $100 Billion Windfall?
If Alphabet eventually cashes out, the possibilities are thrilling for shareholders:
The Ultimate Dividend: A historic wave of stock buybacks or a massive, unprecedented special dividend. AI Supremacy: Pouring the space cash directly into next-generation AI infrastructure and research to permanently outpace competitors. Moonshot M&A: Acquiring a massive portfolio of emerging tech disrupters to expand the Google ecosystem into new industries. Don't just bet on the stars -- invest in the heavily diversified tech giant that already owns a piece of them.
Opening Bell 9:30 am
The S&P 500 shattered the 7,000 level for the first time Thursday, while the Nasdaq cleared its own historic 24,000 milestone. Bullish sentiment is surging as President Trump signaled the Iran conflict is "very close to over," with fresh Israel-Lebanon talks scheduled to begin today. This diplomatic pivot has effectively erased the "war discount," returning valuations to late-February levels. While the Dow added 128 points, some strategists warn that the rally’s sustainability depends on whether gains broaden beyond the tech sector favorites that have dominated the 10-day winning streak.
Market indexes
S&P 500
0.15%
Nasdaq
0.08%
Dow
0.11%
Microsoft AI to Secure 15 Car Brands 9:20 am — STLA +0.1%, MSFT +1.4% in pre-market trading
Stellantis (STLA 0.51%) and Microsoft (MSFT 0.65%) have solidified a five-year strategic partnership to co-develop artificial intelligence and cybersecurity tools, a move designed to close the technology gap with Tesla and rising Chinese competitors. Under the agreement, joint teams will launch over 100 AI initiatives spanning predictive maintenance, product validation, and digital cabin features. This collaboration shifts Stellantis’ primary tech focus toward Microsoft’s Azure cloud platform as its previous SmartCockpit partnership with Amazon (AMZN 1.87%) winds down. By migrating its global infrastructure, the automaker aims for a 60% reduction in its physical data center footprint by 2029, streamlining operations while embedding AI-driven analytics into its global cyber defense center to protect vehicle data.
Digital Security Shield: The partnership integrates AI-driven analytics across manufacturing sites and connected vehicles to thwart emerging cyber threats. This proactive defense strategy aims to protect the privacy of millions of drivers across the Jeep, Peugeot, and Ram brands. Cloud-First Efficiency: Migrating to Azure allows Stellantis to accelerate its software-defined vehicle roadmap while slashing legacy IT overhead. This modernization is expected to improve engineering agility and significantly shorten the time-to-market for new digital services.
Today's Change
(
-0.51
%) $
-0.04
Current Price
$
6.86
Cadence Taps Gemini and Nvidia to Speed Design 8:45 am -- CDNS +1.55% in pre-market trading
At its annual CadenceLIVE event, Cadence Design Systems (CDNS +0.32%) unveiled strategic alliances with Nvidia (NVDA +0.12%) and Alphabet (GOOG +1.03%) that signal a shift from simple chip design to full-scale AI system orchestration. By integrating Google's Gemini models into its ChipStack AI platform, Cadence is enabling "agent-driven" automation that can compress design cycles by up to 10X. Meanwhile, the Nvidia partnership leverages digital twins and accelerated computing to optimize "AI factories," focusing on "tokens per watt" to slash operating costs for hyperscale data centers. Together, these moves position Cadence as a vital layer in the AI infrastructure stack, moving beyond traditional software into simulation-first engineering.
Simulation-First Strategy: The collaboration with Nvidia allows engineers to model 10-megawatt data centers virtually, improving cooling and power efficiency by 17% before a single piece of hardware is deployed. Orchestration Advantage: By using AI agents to coordinate complex design tasks, Cadence aims to maintain its 86% gross margins while addressing the increasing complexity of next-generation semiconductor architectures.
Ford Loses Apple Veteran Field in EV Shakeup 8:00 am -- F unchanged in pre-market trading
The WSJ reports the "Modern Ford" is facing a fresh leadership test as Doug Field, the Silicon Valley veteran recruited from Apple (AAPL 1.49%) to lead Ford (F +1.39%), steps down. Field was the architect behind the secretive California "skunkworks" team developing a $30,000 electric pickup to rival low-cost Chinese competitors. His departure triggers a massive reorganization, folding the electric vehicle and digital units into industrial operations under COO Kumar Galhotra. CEO Jim Farley maintains the transition is a "pass the baton" moment for a product line that has reached maturity, but investors remain wary as the automaker navigates chronic EV unprofitability and $19.5 billion in recent write-downs.
The Low-Cost Gamble: Lieutenant and Tesla (TSLA +0.34%) alum Alan Clarke remains to spearhead the affordable EV platform, which is critical for Ford's 2026 production goals. Quality Control Struggles: Despite the tech pivot, Ford led the industry with 13 million vehicle recalls in 2025, highlighting the friction between "blank-sheet" innovation and legacy manufacturing.
Today's Change
(
1.39
%) $
0.20
Current Price
$
14.91
This Morning's Breakfast News 7:30 am -- TSM +0.61% in pre-market trading
Taiwan Semiconductor (TSM +0.83%) posted a fresh quarterly record for net profit, as part of broader results showing demand for AI chips remains strong and a lack of any near-term impact of supply chain disruption. The stock was marginally higher following the release of earnings.
Advanced technologies accounted for 74% of total wafer revenue: The growing preference for advanced technologies, which includes smaller nanometer products that have greater processing power and efficiency, shows the trend of buying from key customers such as Apple (AAPL 1.49%). New advanced chip fabrication plant in Taiwan being added: To keep up with demand, the company is adding production facilities. Management now expects capex spending to be at the high end of a $52 billion to $56 billion range, around a 37% increase versus last year.
Microsoft's Monster Rally Signals Momentum Shift 6:45 am -- MSFT +1.77% in pre-market trading
Microsoft (MSFT 0.65%) shares have staged a powerful 10% advance over the last three trading days, marking the stock's most aggressive short-term rally since 2020. The surge has pushed the tech giant into rare territory, marking only the third time since the dot-com era that the stock has posted back-to-back-to-back daily gains of 2% or more. While shares remain down roughly 15% year-to-date, this "monster rally" has lifted Microsoft above its near-term moving averages, signaling a potential shift in momentum ahead of its April 29 earnings report.
CEO Satya Nadella has played a central role in reframing the narrative for 2026, calling for an "AI Reset" as the industry moves from hype to integration. "We are beginning to distinguish between 'spectacle' and 'substance'," Nadella recently told investors, emphasizing that 2026 will be a pivotal year where AI must prove its real-world impact. He argued that the industry has moved past the initial phase of discovery and into a "phase of widespread diffusion," where Microsoft is betting on agentic systems rather than just stand-alone models to drive enterprise value.
Turnaround Catalyst: Analysts suggest the current rally is a "vibe shift" as investors look past the capital expenditure fears that cratered the stock in January. With Azure growth remaining robust at 39%, the market is increasingly aligning with Nadella's view that "the AI race is real--and so is the concentration of power." Valuation Rebound: Even with the 10% jump, Microsoft is trading at roughly 23 times earnings--a level some analysts call "dirt cheap" compared to its 40x peak last year. The current rebound suggests a "barbell adoption" strategy is taking hold, with large enterprises finally managing the transition of legacy systems into AI-native workflows.
Today's Change
(
-0.65
%) $
-2.53
Current Price
$
387.81
ICYMI: Wednesday's Scoreboard 6:00 am -- IDCC unchanged in pre-market trading
InterDigital (IDCC +4.35%) was the subject of the latest Scoreboard video.
Tesla and SpaceX Pursue Terafab Project 5:45 am -- TSLA +1.38% in pre-market trading
Bloomberg reports that Tesla (TSLA +0.34%) and SpaceX executives have reached out to chip suppliers including Applied Materials (AMAT +2.83%) for price quotes and delivery times for gear to support the Terafab project.
Musk wants to move at "light speed": The Terafab project, a joint venture from Tesla and SpaceX to supply 1 terawatt of annual computing capacity, would allow Musk to produce his own semiconductors and chips for related hardware, including Tesla's humanoid robots. Project estimated to need $5 trillion to $13 trillion in capex: Musk believes the semiconductor industry isn't scaling fast enough to produce the chips his companies need, although it's unsure where the funding will come from
IonQ Jumps on DARPA Quantum Contract 4:30 am -- IONQ +3.91% in pre-market trading
IonQ (IONQ 0.29%) shares surged more than 20% after the company was selected for DARPA's quantum networking program and demonstrated a breakthrough in remote quantum entanglement.
DARPA partnership secured: IonQ was chosen for DARPA's Heterogeneous Architectures for Quantum program to develop high-speed quantum interconnects linking different quantum computers. Networking breakthrough achieved: The company successfully demonstrated remote entanglement connecting two trapped-ion quantum systems, advancing commercial quantum networking capabilities.
Today's Change
(
-0.29
%) $
-0.17
Current Price
$
57.82
Before the Opening Bell 4:00 am
Stock futures edged higher Thursday morning, as the index looks to consolidate its historic break above the 7,000 level. In Wednesday's regular session, the S&P 500 jumped 0.8% to a fresh record of 7,022.95, while the Nasdaq Composite surged 1.59% to notch its longest winning streak in five years. Investor sentiment is being driven by President Trump's recent claims that a permanent deal with Iran is nearing, alongside reports that a second round of Islamabad peace talks is being prepared. Despite the standing naval blockade of the Strait of Hormuz, the "war discount" has effectively evaporated as traders bet on a diplomat-led de-escalation.
Bayforest Capital Ltd trimmed its position in shares of InterDigital, Inc. (NASDAQ:IDCC – Free Report) by 56.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,373 shares of the Wireless communications provider’s stock after selling 1,759 shares during the period. Bayforest Capital Ltd’s holdings in InterDigital were worth $437,000 at the end of the most recent reporting period.
A number of other large investors have also added to or reduced their stakes in the company. Moran Wealth Management LLC grew its holdings in InterDigital by 0.6% during the 3rd quarter. Moran Wealth Management LLC now owns 4,751 shares of the Wireless communications provider’s stock valued at $1,640,000 after purchasing an additional 29 shares in the last quarter. CoreCap Advisors LLC grew its holdings in InterDigital by 15.6% during the 3rd quarter. CoreCap Advisors LLC now owns 245 shares of the Wireless communications provider’s stock valued at $85,000 after purchasing an additional 33 shares in the last quarter. Archer Investment Corp grew its holdings in InterDigital by 4.3% during the 3rd quarter. Archer Investment Corp now owns 1,117 shares of the Wireless communications provider’s stock worth $386,000 after acquiring an additional 46 shares in the last quarter. Blue Trust Inc. grew its holdings in InterDigital by 3.6% during the 4th quarter. Blue Trust Inc. now owns 1,437 shares of the Wireless communications provider’s stock worth $458,000 after acquiring an additional 50 shares in the last quarter. Finally, Diversify Advisory Services LLC grew its holdings in InterDigital by 1.6% during the 4th quarter. Diversify Advisory Services LLC now owns 3,264 shares of the Wireless communications provider’s stock worth $1,008,000 after acquiring an additional 52 shares in the last quarter. 99.83% of the stock is owned by institutional investors and hedge funds.
Insiders Place Their Bets In other news, CEO Lawrence Liren Chen sold 5,958 shares of InterDigital stock in a transaction dated Tuesday, January 27th. The shares were sold at an average price of $327.62, for a total value of $1,951,959.96. Following the completion of the transaction, the chief executive officer directly owned 153,077 shares of the company’s stock, valued at approximately $50,151,086.74. The trade was a 3.75% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, CFO Richard Brezski sold 6,005 shares of InterDigital stock in a transaction dated Tuesday, February 10th. The shares were sold at an average price of $360.80, for a total transaction of $2,166,604.00. Following the completion of the transaction, the chief financial officer directly owned 72,404 shares of the company’s stock, valued at $26,123,363.20. This trade represents a 7.66% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 27,930 shares of company stock worth $9,528,129. Corporate insiders own 2.80% of the company’s stock.
InterDigital Price Performance Shares of IDCC stock opened at $373.02 on Friday. InterDigital, Inc. has a 1-year low of $181.05 and a 1-year high of $412.60. The firm has a fifty day moving average of $348.47 and a two-hundred day moving average of $345.98. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.84 and a quick ratio of 1.84. The firm has a market cap of $9.58 billion, a P/E ratio of 31.27 and a beta of 1.66.
InterDigital (NASDAQ:IDCC – Get Free Report) last posted its quarterly earnings results on Thursday, February 5th. The Wireless communications provider reported $2.12 EPS for the quarter, beating the consensus estimate of $1.65 by $0.47. InterDigital had a net margin of 48.76% and a return on equity of 41.09%. The business had revenue of $158.23 million during the quarter, compared to analyst estimates of $155.57 million. During the same period in the previous year, the business posted $5.15 EPS. The company’s quarterly revenue was down 37.4% on a year-over-year basis. InterDigital has set its Q1 2026 guidance at 2.390-2.680 EPS. As a group, research analysts anticipate that InterDigital, Inc. will post 9.21 earnings per share for the current fiscal year.
InterDigital Announces Dividend The firm also recently declared a quarterly dividend, which will be paid on Wednesday, April 22nd. Stockholders of record on Wednesday, April 8th will be issued a $0.70 dividend. The ex-dividend date of this dividend is Wednesday, April 8th. This represents a $2.80 annualized dividend and a dividend yield of 0.8%. InterDigital’s payout ratio is 23.47%.
Wall Street Analyst Weigh In Several research analysts have weighed in on the stock. Wall Street Zen raised shares of InterDigital from a “sell” rating to a “hold” rating in a report on Saturday, March 7th. Jefferies Financial Group reissued a “buy” rating on shares of InterDigital in a report on Wednesday, March 18th. Weiss Ratings lowered shares of InterDigital from a “buy (a-)” rating to a “buy (b+)” rating in a report on Monday, December 29th. Finally, Roth Mkm reissued a “buy” rating on shares of InterDigital in a report on Tuesday, January 20th. Four analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $416.67.
Get Our Latest Stock Analysis on InterDigital
About InterDigital (Free Report)
InterDigital, Inc is a mobile and video technology research and development company that designs and licenses wireless communications and video compression innovations. Its patent portfolio encompasses key standards across 3G, 4G LTE and 5G wireless networks, as well as video and multimedia technologies. By focusing on fundamental technology creation rather than device manufacturing, InterDigital delivers core intellectual property to smartphone manufacturers, chipset vendors and telecommunications operators worldwide.
The company’s principal services include patent licensing, technology evaluation and consulting.
See Also Five stocks we like better than InterDigital
Receive News & Ratings for InterDigital Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for InterDigital and related companies with MarketBeat.com's FREE daily email newsletter.
« PREVIOUS HEADLINEBigSur Wealth Management LLC Sells 4,000 Shares of Honeywell International Inc. $HON
NEXT HEADLINE »Monster Beverage Corporation $MNST Holdings Reduced by Bayforest Capital Ltd
If you're interested in broad exposure to the Small Cap Blend segment of the US equity market, look no further than the Invesco Russell 2000 Dynamic Multifactor ETF (OMFS - Free Report) , a passively managed exchange traded fund launched on November 8, 2017.
The fund is sponsored by Invesco. It has amassed assets over $273.43 million, making it one of the average sized ETFs attempting to match the Small Cap Blend segment of the US equity market.
Why Small Cap BlendSitting at a market capitalization below $2 billion, small cap companies tend to be high-potential stocks compared to its large and mid cap counterparts, but come with higher risk.
Typically holding a combination of both growth and value stocks, blend ETFs also demonstrate qualities seen in value and growth investments.
CostsExpense ratios are an important factor in the return of an ETF and in the long term, cheaper funds can significantly outperform their more expensive counterparts, other things remaining the same.
Annual operating expenses for this ETF are 0.39%, putting it on par with most peer products in the space.
It has a 12-month trailing dividend yield of 0.93%.
Sector Exposure and Top HoldingsEven though ETFs offer diversified exposure that minimizes single stock risk, investors should also look at the actual holdings inside the fund. Luckily, most ETFs are very transparent products that disclose their holdings on a daily basis.
This ETF has heaviest allocation to the Financials sector -- about 18.2% of the portfolio. Industrials and Consumer Discretionary round out the top three.
Looking at individual holdings, Indivior Pharmaceuticals Inc (INDV) accounts for about 1.71% of total assets, followed by Nextpower Inc (NXT) and Interdigital Inc (IDCC).
The top 10 holdings account for about 13.24% of total assets under management.
Performance and RiskOMFS seeks to match the performance of the RUSSELL 2000 INVESCO DYNAMIC MLTIFCTR ID before fees and expenses. The Russell 2000 Invesco Dynamic Multifactor Index is constructed using a rules-based methodology by selecting equity securities from the Russell 2000 Index, which measures the performance of 2,000 small-capitalization companies in the United States.
The ETF has gained about 11.56% so far this year and it's up approximately 33.81% in the last one year (as of 04/29/2026). In the past 52-week period, it has traded between $37.43 and $49.98.
The ETF has a beta of 0.97 and standard deviation of 20.19% for the trailing three-year period. With about 1120 holdings, it effectively diversifies company-specific risk.
AlternativesInvesco Russell 2000 Dynamic Multifactor ETF carries a Zacks ETF Rank of 3 (Hold), which is based on expected asset class return, expense ratio, and momentum, among other factors. Thus, OMFS is a reasonable option for those seeking exposure to the Style Box - Small Cap Blend area of the market. Investors might also want to consider some other ETF options in the space.
The Vanguard Small-Cap Index Fund ETF Shares (VB) and the iShares Core S&P Small-Cap ETF (IJR) track a similar index. While Vanguard Small-Cap Index Fund ETF Shares has $75.72 billion in assets, iShares Core S&P Small-Cap ETF has $101.13 billion. VB has an expense ratio of 0.03% and IJR charges 0.06%.
Bottom-LineRetail and institutional investors increasingly turn to passively managed ETFs because they offer low costs, transparency, flexibility, and tax efficiency; these kind of funds are also excellent vehicles for long term investors.
To learn more about this product and other ETFs, screen for products that match your investment objectives and read articles on latest developments in the ETF investing universe, please visit Zacks ETF Center.
Explore the exciting world of InterDigital (IDCC +4.35%) with our contributing expert analysts in this Motley Fool Scoreboard episode. Check out the video below to gain valuable insights into market trends and potential investment opportunities!
*Stock prices used were the prices of March 11, 2026. The video was published on April 29, 2026.
Anand Chokkavelu has no position in any of the stocks mentioned. Dan Caplinger has positions in InterDigital. Travis Hoium has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.
Revenue, Adjusted EBITDA1 and EPS above top end of guidance
New agreements drive record Smartphone ARR2
Company reaffirms full year 2026 guidance
WILMINGTON, Del., April 30, 2026 (GLOBE NEWSWIRE) -- InterDigital, Inc. (Nasdaq: IDCC), a wireless, video, and AI technology research and development company, today announced results for the quarter ended March 31, 2026.
"With six new agreements in the first quarter, including renewing Xiaomi to a long-term contract, we are off to a strong start in 2026. These new agreements drove our results above the top-end of our guidance as we continued our momentum across our licensing programs, our research and innovation pipeline, and our patent portfolio", commented CEO Liren Chen. "Over the last five years, we have signed agreements with a cumulative total contract value of $4.7 billion and now have the world's top-three smartphone vendors under license through the end of the decade. This success provides a strong base from which to drive additional growth."
Business Highlights for First Quarter 2026
Signed six new agreements in Q1, including a renewal with Xiaomi and a new license with LG Electronics covering TVs & computer displaysAnnualized recurring revenue2 ("ARR") increased 13% year-over-year from $502.9 million to $567.2 millionSmartphone ARR increased 18% year-over-year to an all-time high of $491.8 millionRanked by the European Patent Office among top five US companies in 2025 for patent applicationsAwarded fifth injunction against Disney by a court in GermanyA court in Brazil found our licensing offer to be FRAND and awarded an injunction against TranssionPromoted to the S&P MidCap 400 from the S&P SmallCap 600Recognized by LexisNexis as one of the world’s 100 most innovative companies fifth year in a row First Quarter 2026 Financial Summary:
First quarter 2026 revenue included $63.6 million of catch-up revenue, compared with $84.8 million in first quarter 2025. Operating expenses increased $44.5 million primarily due to an increase in revenue share costs driven by the LG TV agreement and an increase in intellectual property enforcement costs.
Three Months Ended March 31,
($ in millions, except per share data)2026
2025
Change
GAAP Results: Revenue$205.4 $210.5 (2)% Operating expenses$123.2 $78.7 57% Net income$75.3 $115.6 (35)% Net income margin 37% 55% (18) ppt Diluted EPS$2.14 $3.45 (38)% Non-GAAP Results: Adjusted EBITDA 1$111.8 $159.1 (30)% Adjusted EBITDA margin 1 54% 76% (22) ppt Non-GAAP Net income 3$79.4 $125.7 (37)% Non-GAAP EPS 3$2.57 $4.21 (39)% Additional Information: Revenue by type: Annualized recurring revenue 2$567.2 $502.9 13% Catch-up revenue$63.6 $84.8 (25)% Revenue by program: Smartphone$123.4 $184.0 (33)% CE, IoT/Auto$81.9 $26.3 212% Other$0.1 $0.2 (46)%
Return of Capital
(in millions, except per share data)
Share Repurchases
Dividends Declared
Reduction of Debt
Total Return of Capital
Shares Value
Per Share
Value
First quarter 2026<0.1 $8.2
$0.70
$18.1
$88.0 $114.3
Convertibility of 2027 Notes
Pursuant to the terms of the Indenture governing InterDigital’s 3.50% Senior Convertible Notes due 2027 (the “Notes”), the Notes are convertible during its calendar quarter ending June 30, 2026. The current conversion rate of the Notes is 12.9041 shares of InterDigital’s Common Stock per $1,000 principal amount of the Notes.
Upon the conversion of any Notes, InterDigital will pay cash up to the aggregate principal amount of the Notes to be converted, and will pay cash, shares of its Common Stock or a combination of cash and shares of its Common Stock for any conversion obligation in excess of the aggregate principal amount being converted, if any, at InterDigital’s election, as set forth in the Indenture governing the Notes.
At the time InterDigital issued the Notes, InterDigital entered into call spread transactions that together were designed to have the economic effect of reducing the net number of shares that will be issued in the event of conversion of the Notes by, in effect, increasing the conversion price of the Notes from InterDigital’s economic standpoint from $77.49 to $105.55. Refer to "Management's Discussion and Analysis of Financial Condition and Results of Operations - Notes, Hedge and Warrant Transactions" in InterDigital’s Form 10-Q for the quarter ended March 31, 2026 for more information.
In December 2025, holders elected to convert $80.0 million principal amount of the 2027 Notes, which was settled in the first quarter of 2026. We paid the $80.0 million principal amount in cash and issued 0.8 million shares to settle the conversion spread. These shares issued were offset by 0.8 million shares received upon partial settlement of the 2027 Note Hedge Transactions, resulting in no incremental outstanding shares resulting from the conversion.
As of March 31, 2026, 6.0 million warrants remain outstanding related to the 2027 Warrant Transactions at a weighted-average strike price of $105.55 per share, subject to adjustment, which mature on a net-share basis beginning September 2027 through April 2028.
Near Term Outlook
The Company has reaffirmed its full year 2026 outlook and provided an initial outlook for the second quarter 2026. The outlook for second 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 second 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.
(in millions, except per share data)Q2 2026 Full Year 2026Revenue$139 - $143 $675 - $775Adjusted EBITDA 1$67 - $73 $381 - $477Diluted EPS$0.80 - $0.97 $5.77 - $8.51Non-GAAP EPS 3$1.41 - $1.60 $8.74 - $11.84
Conference Call Information
InterDigital will host a conference call on Thursday, April 30, 2026 at 10:00 a.m. ET to discuss its first quarter 2026 financial performance and other company matters.
For a live webcast of the conference call visit www.interdigital.com and click on the “Webcast” link on the Investors page. The company encourages participants to take advantage of the webcast option.
See below for dial-in details to join the call telephonically:
USA - Toll-Free (800) 715-9871
USA / International Toll +1 (646) 307-1963
Conference ID 2456118 or Conference Name
A replay of the conference call will be available on InterDigital’s website under Events in the Investors section. The replay will be available for one year.
About InterDigital®
InterDigital is a global research and development company focused primarily on wireless, video, artificial intelligence (“AI”), and related technologies. We design and develop foundational technologies that enable connected, immersive experiences in a broad range of communications and entertainment products and services. We license our innovations worldwide to companies providing such products and services, including makers of wireless communications devices, consumer electronics, IoT devices, cars and other motor vehicles, and providers of cloud-based services such as video streaming. As a leader in wireless technology, our engineers have designed and developed a wide range of innovations that are used in wireless products and networks, from the earliest digital cellular systems to 5G and today’s most advanced Wi-Fi technologies. We are also a leader in video processing and video encoding/decoding technology, with a significant AI research effort that intersects with both wireless and video technologies. Founded in 1972, InterDigital is listed on Nasdaq.
InterDigital is a registered trademark of InterDigital, Inc.
For more information, visit the InterDigital website: www.interdigital.com.
For additional financial measures, refer to our first quarter 2026 Form 10-Q and the financial metrics tracker, which are available on the Investor Relations section of our website.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended. Such statements include information regarding our current beliefs, plans and expectations. Words such as “believe,” “anticipate,” “estimate,” “expect,” “project,” “intend,” “plan,” “forecast,” “goal,” “could,” "would," "should," "if," "may," "might," "future," "target," "trend," "seek to," "will continue," "predict," "likely," "in the event," and variations of any such words or similar expressions are intended to identify such forward-looking statements.
Forward-looking statements are made on the basis of management’s current views and assumptions and are not guarantees of future performance. Forward-looking statements, including but not limited to statements regarding our outlook for Q2 and full year 2026, are inherently subject to risks and uncertainties that could cause actual results, and actual events that occur, to differ materially from results contemplated by the forward-looking statements. These risks and uncertainties include, but are not limited to: (i) unanticipated delays or difficulties in the execution of patent license agreements on acceptable terms or at all; (ii) our ability to expand our revenue opportunities by entering into licensing arrangements with streaming and cloud-based service providers; (iii) the initiation of new legal proceedings or the resolution of ongoing legal proceedings, including any awards or judgments relating to such proceedings, and changes in the schedules or costs associated therewith; (iv) our ability to maintain a strong patent portfolio and make strategic decisions related to our intellectual property protection; (v) our ability to successfully integrate Deep Render and to recognize the anticipated benefits of the transaction; (vi) the failure of markets for our technologies to materialize to the extent that we expect; (vii) our continued ability to develop new technologies; (viii) changes in our interpretations of, and assumptions and calculations with respect to the impact on us of, the One Big Beautiful Bill Act, the 2017 Tax Cuts and Jobs Act and other U.S. and non-U.S. tax laws and other tax matters; (ix) the timing and impact of potential regulatory, administrative and legislative matters; (x) the potential effects of macroeconomic conditions or global conflicts; (xi) our ability to hire and retain key personnel; (xii) operational risks, including cybersecurity events, human failures or other difficulties with our information technology systems; and (xiii) risks related to any new accounting standards or our assumptions and application of relevant accounting standards, including with respect to revenue recognition.
You should not place undue reliance on the forward-looking statements contained herein, which are made only as of the date of this release. We undertake no duty to revise or update publicly any forward-looking statement for any reason, except as otherwise required by law.
Footnotes
1 Adjusted EBITDA and Adjusted EBITDA margin are supplemental non-GAAP financial measures that InterDigital believes provide investors with important insight into the Company's ongoing business performance. InterDigital defines Adjusted EBITDA as net income plus income tax (provision) benefit, other income, net & interest expense, depreciation and amortization, share-based compensation, and other items. Other items include restructuring costs, impairment charges and other non-recurring items. Adjusted EBITDA margin is Adjusted EBITDA over total revenue. These non-GAAP financial measures used by the company may be calculated differently from, and therefore may not be comparable to, similarly titled measures used by other companies. The presentation of these financial measures, which are not prepared under any comprehensive set of accounting rules or principles, is not intended to be considered in isolation or as a substitute for the financial information prepared and presented in accordance with GAAP. A reconciliation of Adjusted EBITDA to the most directly comparable GAAP financial measure is provided below.
2 Annualized recurring revenue ("ARR") for any quarter is defined as total revenue for the quarter less catch-up revenue for the quarter, multiplied by four. Management believes ARR provides useful information about our financial performance, and our progress toward our 2030 targets. ARR is not a projection or forecast, and actual recurring revenue for any 12-month period will depend on a number of factors beyond our ability to predict or control, including those risks and uncertainties listed above. Additionally, ARR may be calculated differently from, and therefore may not be comparable to, similarly titled measures used by other companies.
3 Non-GAAP net income, Non-GAAP EPS, and Non-GAAP weighted-average diluted shares are supplemental non-GAAP financial measures that InterDigital believes provides investors with important insight into the Company's ongoing business performance. InterDigital defines Non-GAAP net income as net income plus share-based compensation, acquisition related amortization, restructuring costs, impairment charges and one-time adjustments, losses on extinguishments of long-term debt, the related income tax effect of the preceding items, and adjustments to income taxes. Non-GAAP EPS is defined as Non-GAAP net income divided by Non-GAAP weighted average diluted shares, which adjusts the weighted-average number of common shares outstanding for the dilutive effect of the Company's convertible notes, offset by our hedging arrangements. InterDigital’s computation of these non-GAAP financial measures might not be comparable to similarly named measures reported by other companies. The presentation of these financial measures, which are not prepared under any comprehensive set of accounting rules or principles, is not intended to be considered in isolation or as a substitute for the financial information prepared and presented in accordance with GAAP. A reconciliation of each of these metrics to its most directly comparable GAAP financial measure is provided below.
SUMMARY CONSOLIDATED STATEMENTS OF INCOME
(in thousands except per share data)
(unaudited)
Three Months Ended March 31, 2026 2025 Revenue$ 205,416 $ 210,507 Operating expenses: Research and portfolio development 55,835 47,430 Licensing 52,119 17,677 General and administrative 15,201 13,568 Total operating expenses 123,155 78,675 Income from operations 82,261 131,832 Interest expense (9,067) (9,871)Other income, net 6,600 10,258 Income before income taxes 79,794 132,219 Income tax provision (4,465) (16,617)Net income$ 75,329 $ 115,602 Net income per common share: Basic$ 2.93 $ 4.49 Diluted$ 2.14 $ 3.45 Weighted average number of common shares outstanding: Basic 25,721 25,741 Diluted 35,280 33,505 Cash dividends declared per common share$ 0.70 $ 0.60 SUMMARY CONSOLIDATED CASH FLOWS
(in thousands)
(unaudited)
Three Months Ended March 31, 2026 2025 Cash flows from operating activities: Net income$ 75,329 $ 115,602 Non-cash adjustments 122,711 (1,445)Working capital changes (181,959) (134,146)Net cash provided by (used in) operating activities 16,081 (19,989)Cash flows from investing activities: Net sales, maturities, and purchases of short-term investments 29,775 86,165 Capitalized patent costs and property and equipment (15,078) (26,657)Long-term investments 1,709 — Net cash provided by investing activities 16,406 59,508 Cash flows from financing activities: Payments on long-term debt and warrants (88,017) (1,284)Repurchase of common stock (8,165) (5,249)Dividends paid (17,980) (11,557)Other (55,003) (24,861)Net cash used in financing activities (169,165) (42,951)Net decrease in cash, cash equivalents, and restricted cash (136,678) (3,432)Cash, cash equivalents, and restricted cash, beginning of period 754,268 551,547 Cash, cash equivalents, and restricted cash, end of period$ 617,590 $ 548,115 SUMMARY CONSOLIDATED BALANCE SHEETS
(in thousands)
(unaudited) March 31, 2026
December 31, 2025
Assets Cash, cash equivalents, and short-term investments$ 1,081,859 $ 1,243,160 Accounts receivable 208,327 69,816 Prepaid and other current assets 96,491 74,994 Property & equipment and patents, net 342,029 342,469 Other long-term assets, net 342,492 333,851 Total assets$ 2,071,198 $ 2,064,290 Liabilities and Shareholders' equity Current portion of long-term debt$ 377,787 $ 458,376 Current deferred revenue 261,103 193,722 Other current liabilities 99,450 100,404 Long-term deferred revenue 159,362 135,882 Long-term debt & other long-term liabilities 69,410 74,786 Total liabilities 967,112 963,170 Total shareholders' equity 1,104,086 1,101,120 Total liabilities and shareholders' equity$ 2,071,198 $ 2,064,290 RECONCILIATION OF NON-GAAP MEASURES
The following tables present InterDigital's GAAP financial measures reconciled to the non-GAAP financial measures included in this release for the first quarter ended March 31, 2026 and 2025:
Three Months Ended March 31, (in thousands) 2026 2025 Net income$ 75,329 $ 115,602 Income tax provision 4,465 16,617 Other income, net & interest expense 2,467 (387)Depreciation and amortization 19,208 18,213 Share-based compensation 10,339 9,498 Other items (a) — (483)Adjusted EBITDA 1$ 111,808 $ 159,060 Three Months Ended March 31, (in thousands, except for per share data) 2026 2025 Net income$ 75,329 $ 115,602 Share-based compensation 10,339 9,498 Acquisition related amortization 7,978 8,650 Other operating items (a) — (483)Other non-operating items — — Related income tax effect of above items (3,847) (3,710)Adjustments to income taxes (10,404) (3,899)Non-GAAP net income 3$ 79,395 $ 125,658 Weighted average dilutive shares - GAAP 35,280 33,505 Less: Dilutive impact of the Convertible Notes 4,396 3,670 Weighted average dilutive shares - Non-GAAP 3 30,884 29,835 Diluted EPS$ 2.14 $ 3.45 Non-GAAP EPS 3$ 2.57 $ 4.21 (a) Other items in the above tables include one-time contra-expenses related to litigation fee reimbursements.
The following tables present a reconciliation between GAAP and non-GAAP versions of the estimated financial measures for the second quarter of 2026 and full year fiscal 2026 included in this release:
Outlook
(in millions)
Q2 2026
Full Year 2026
Net income$28 - $34 $202 - $298 Income tax provision7 48 Other income, net & interest expense — (4)Depreciation and amortization20 80 Share-based compensation12 52 Other items — 3 Adjusted EBITDA 1$67 - $73 $381 - $477 Outlook
(in millions, except for per share data)
Q2 2026
Full Year 2026
Net income$28 - $34 $202 - $298 Share-based compensation 12 52 Acquisition related amortization 8 32 Other operating items — 3 Other non-operating items — — Related income tax effect of above items (4) (18)Adjustments to income taxes — — Non-GAAP net income 3$44 - $50 $271 - $367 Weighted average dilutive shares - GAAP 35.1 35.0 Less: Dilutive impact of the Convertible Notes 3.9 4.0 Weighted average dilutive shares - Non-GAAP 3 31.2 31.0 Diluted EPS$0.80 - $0.97 $5.77 - $8.51 Non-GAAP EPS 3$1.41 - $1.60 $8.74 - $11.84 CONTACT:InterDigital, Inc. Email: [email protected] +1 (302) 300-1857
InterDigital (IDCC - Free Report) came out with quarterly earnings of $2.57 per share, beating the Zacks Consensus Estimate of $2.54 per share. This compares to earnings of $4.21 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of +1.31%. A quarter ago, it was expected that this wireless research and development company would post earnings of $1.65 per share when it actually produced earnings of $2.12, delivering a surprise of +28.48%.
Over the last four quarters, the company has surpassed consensus EPS estimates four times.
InterDigital, which belongs to the Zacks Wireless Equipment industry, posted revenues of $205.42 million for the quarter ended March 2026, surpassing the Zacks Consensus Estimate by 3.91%. This compares to year-ago revenues of $210.51 million. The company has topped consensus revenue estimates four times over the last four quarters.
The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.
InterDigital shares have added about 10.8% since the beginning of the year versus the S&P 500's gain of 4.2%.
What's Next for InterDigital?While InterDigital has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?
There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.
Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.
Ahead of this earnings release, the estimate revisions trend for InterDigital was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $1.94 on $152.82 million in revenues for the coming quarter and $9.07 on $676.6 million in revenues for the current fiscal year.
Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Wireless Equipment is currently in the bottom 38% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.
One other stock from the same industry, Aviat Networks, Inc. (AVNW - Free Report) , is yet to report results for the quarter ended March 2026. The results are expected to be released on May 4.
This company is expected to post quarterly earnings of $0.42 per share in its upcoming report, which represents a year-over-year change of -52.3%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.
Aviat Networks, Inc.'s revenues are expected to be $105.65 million, down 6.2% from the year-ago quarter.
Key Takeaways InterDigital Q1 results beat estimates despite lower revenues and profit year over year.IDCC saw smartphone revenues drop sharply, while the IoT and CE segment jumped 212% on new deals.Higher costs, lower catch-up revenues and weak smartphone demand weighed on earnings. InterDigital, Inc. (IDCC - Free Report) reported relatively healthy first-quarter 2026 results, with both top and bottom lines beating the Zacks Consensus Estimate.
The company’s licensing business remained stable, supported by new customer wins and higher recurring revenues. However, lower catch-up revenues compared to last year, weakness in the smartphone licensing business, and higher costs weighed on overall sales and earnings.
Net IncomeOn a GAAP basis, net income in the reported quarter declined to $75.3 million or $2.14 per share from $115.6 million or $3.45 per share in the prior-year quarter, primarily due to lower net sales and higher operating expenses, including increased revenue-sharing costs from the LG TV deal and heavy spending on IP enforcement.
Non-GAAP net income was $79.4 million or $2.57 per share compared with $125.7 million or $4.21 per share in the year-ago quarter. The bottom line beat the Zacks Consensus Estimate by 3 cents.
RevenuesQuarterly revenues decreased to $205.4 million from the year-ago quarter’s tally of $210.5 million. However, the top line beat the Zacks Consensus Estimate of $197.7 million.
In the first quarter, smartphone revenues declined to $123.4 million from $184 million in the year-ago quarter. CE, IoT/Auto group generated $81.9 million in revenues, up 212% year over year, mainly driven by new licensing agreements and higher contributions from connected devices and automotive markets.
Annualized recurring revenues increased 13% year over year to $567.2 million, while catch-up revenues declined to $63.6 million from $84.8 million a year ago.
Other DetailsAdjusted EBITDA declined to $111.8 million from the prior-year figure of $159.1 million. Total operating expenses increased to $123.2 million from $78.7 million in the year-ago quarter. Operating income decreased to $82.3 million from $131.8 million in the year-earlier quarter.
Cash Flow & LiquidityIn the first quarter, InterDigital generated $16.1 million in cash from operations compared with $20 million used in the year-earlier quarter. As of March. 31, 2026, it had $1.08 billion in cash, cash equivalents and short-term investments, with $69.4 million of long-term debt and other liabilities.
OutlookFor the second quarter of 2026, InterDigital estimates revenues between $139 million and $143 million. Adjusted EBITDA is estimated in the band of $67-$73 million. Non-GAAP earnings are expected to be in the range of $1.41-$1.60 per share.
For 2026, the company expects revenues in the range of $675-$775 million. Adjusted EBITDA is currently forecasted at $381-$477 million. IDCC expects non-GAAP earnings in 2026 in the band of $8.74-$11.84.
Zacks RankUpcoming ReleasesArista Networks Inc. (ANET - Free Report) is scheduled to release first-quarter 2026 earnings on May 5. The Zacks Consensus Estimate for earnings is pegged at 81 cents per share, suggesting growth of 24.62% from the year-ago reported figure.
Arista has a long-term earnings growth expectation of 17.94%. The company delivered an average earnings surprise of 9% in the last four reported quarters.
CDW Corporation (CDW - Free Report) is set to release first-quarter 2026 earnings on May 6. The Zacks Consensus Estimate for earnings is pegged at $2.28 per share, implying growth of 6.05% from the year-ago reported figure.
CDW has a long-term earnings growth expectation of 7.25%. The company delivered an average earnings surprise of 5.72% in the last four reported quarters.
Motorola Solutions, Inc. (MSI - Free Report) is set to release first-quarter 2026 earnings on May 7. The Zacks Consensus Estimate for earnings is pegged at $3.25 per share, implying growth of 2.2% from the year-ago reported figure.
Motorola has a long-term earnings growth expectation of 9.4%. The company delivered an average earnings surprise of 5.66% in the last four reported quarters.
May 05, 2026 08:30 ET | Source: InterDigital, Inc.
WILMINGTON, Del., May 05, 2026 (GLOBE NEWSWIRE) -- InterDigital, Inc. (Nasdaq: IDCC), a wireless, video and AI technology research and development company, today announced that the company will be presenting at four upcoming investor conferences:
21st Annual Needham Technology, Media & Consumer Conference on May 12th, 2026, at 4:30 PM ET.J.P. Morgan 2026 Global Technology, Media and Communications Conference on May 18th, 2026 at 4:10 PM ET.Evercore Global TMT Conference on June 2nd, 2026, at 10:55 AM ET.William Blair 46th Annual Growth Stock Conference on June 2nd, 2026, at 11:00 AM ET. These events will be webcast live and an archived replay of the presentations will also be available following the conferences. For more information, please visit the Investors section of the company’s website closer to the event.
About InterDigital®
InterDigital is a global research and development company focused primarily on wireless, video, artificial intelligence (“AI”), and related technologies. We design and develop foundational technologies that enable connected, immersive experiences in a broad range of communications and entertainment products and services. We license our innovations worldwide to companies providing such products and services, including makers of wireless communications devices, consumer electronics, IoT devices, cars and other motor vehicles, and providers of cloud-based services such as video streaming. As a leader in wireless technology, our engineers have designed and developed a wide range of innovations that are used in wireless products and networks, from the earliest digital cellular systems to 5G and today’s most advanced Wi-Fi technologies. We are also a leader in video processing and video encoding/decoding technology, with a significant AI research effort that intersects with both wireless and video technologies. Founded in 1972, InterDigital is listed on Nasdaq.
InterDigital is a registered trademark of InterDigital, Inc.
For more information, visit: www.interdigital.com.
3 Sector ETFs Catching Fire After Earnings BeatsInterDigital NASDAQ: IDCC Chief Financial Officer Rich Brezski outlined the company’s patent licensing model, recent financial performance and long-term growth targets during a presentation at the 21st Annual Needham Technology, Media, and Consumer Conference.
Brezski described InterDigital as “first and foremost a pioneering research company” focused on wireless, video and artificial intelligence technologies that underpin widely used products and services. He said the company licenses technology developed by its research teams to major global customers, including Apple, Samsung and Xiaomi, which he identified as the top three handset manufacturers, as well as companies such as Lenovo and HP.
Get InterDigital alerts:
2 Sizzling Mid-Caps That Could Stay Hot This SummerFor 2025, Brezski cited $834 million in revenue, more than $15 in earnings per share, a 71% adjusted EBITDA margin and more than $1 billion in cash. He emphasized the operating leverage in InterDigital’s model, saying much of the company’s incremental revenue carries high margins because the underlying technologies are developed years before they are licensed across multiple markets.
Research and standards remain central to the model Brezski said roughly half of InterDigital’s workforce is made up of engineers, including a significant number of PhDs. He highlighted the company’s leadership team, including Chief Executive Officer Liren Chen, who joined in 2021 after a long career at Qualcomm, and Chief Technology Officer Rajesh Pankaj, who also came from Qualcomm and previously led corporate research and development there.
InterDigital Raises Its Earnings GuidanceInterDigital’s business model begins with research and innovation, Brezski said. The company contributes technology to standards such as 5G, 6G, Wi-Fi and video compression, while filing patents to protect its inventions. Those technologies are then licensed to companies that implement them in products and services.
“We make it available, with the expectation that the companies as they use it, that they’ll ultimately pay it for us,” Brezski said. He added that when companies license InterDigital’s technology after prior use, the company can record “catch-up” revenue, followed by recurring revenue under the license agreement.
Brezski said InterDigital has more than 100 leadership positions across wireless, video and AI standards. In the 3GPP organization, which sets 5G standards and is working on 6G, he said InterDigital holds two chair positions, with Samsung and China Mobile being the only other companies with more than one.
Patent portfolio and licensing momentum Brezski said InterDigital’s patent portfolio has grown from about 19,000 assets in 2017 to roughly double that level in 2025. He also cited recognition from LexisNexis, saying InterDigital has been named among the 100 most innovative companies in the world in each of the five years the study has been conducted.
Over the past five years, the company has signed more than 50 licenses with total contract value close to $5 billion, Brezski said. He said those agreements include Apple, Samsung, Xiaomi, LG, Panasonic and Lenovo, among others.
Brezski compared InterDigital’s licenses to subscriptions because customers receive coverage for an evolving and expanding patent portfolio over the term of an agreement. He said the portfolio is growing at a pace of about seven patents per day.
The CFO also said the company invests about $200 million annually in research and portfolio costs, with a long period before those investments generate returns. “The money that we invested this last year in 2025, that $200 million will not see a return for, you know, five years or more, because we’re working on 6G,” Brezski said.
2030 plan targets $1 billion in ARR Brezski reiterated InterDigital’s long-term goal, first presented at its September 2024 Investor Day, of reaching more than $1 billion in annualized recurring revenue by 2030. The plan includes $500 million from smartphones, $200 million from consumer electronics and IoT, and more than $300 million from streaming and cloud services.
He said smartphone ARR has grown from about $340 million at the time of the investor day to $491 million, bringing the company close to its $500 million target for that category. Brezski said about 1.2 billion smartphones shipped in 2025, with 85% under license to InterDigital. He said eight of the top 10 smartphone manufacturers are licensed, while Transsion and Huawei remain unlicensed opportunities. He also said InterDigital recently filed litigation against Transsion.
In consumer electronics and IoT, Brezski said ARR has increased from about $40 million at the time of the investor day to $90 million. He cited licensing coverage of about 60% of the PC and tablet market, including Apple, Samsung, LG, Lenovo and HP, while Dell and Acer remain opportunities. In TVs, he said LG, TPV and Sony are licensed, while Samsung TV’s license expired at the end of last year and InterDigital is working on a renewal. He also said the company recently filed litigation against TCL and Hisense.
Streaming seen as a major opportunity Brezski said InterDigital has not yet generated revenue from streaming and cloud services, but believes its video compression technology is important to the delivery of streaming services. He described video compression as enabling a roughly 1,000-to-1 reduction in data, making streaming possible.
The company’s $300 million-plus target for streaming is based on the subscription video on demand and advertising video on demand markets, Brezski said. He cited Netflix and Disney as examples of SVOD services and TikTok and YouTube as examples of AVOD services. He said the AVOD market is projected to grow from $300 billion to $515 billion by 2030, while SVOD is projected to grow from $185 billion to $240 billion.
During a question-and-answer session, an analyst asked what assumptions support the $300 million streaming target. Brezski said the combined SVOD and AVOD market is larger than the smartphone market and growing faster, while InterDigital views itself as a key provider of technology to the standards that make streaming possible. He said the company believes it can penetrate the market sufficiently by 2030 to reach $300 million or more, but did not provide specific customer or compliance assumptions.
Capital allocation and litigation Brezski said InterDigital maintains a strong balance sheet in part because it is involved in litigation with large companies. He noted current streaming litigation with Disney and Amazon, prior litigation with Lenovo that has been resolved, and TV-related litigation with TCL and Hisense.
He said InterDigital returned $800 million of capital over the past five years, including more than $600 million for share repurchases, reducing its share count by 16%. The company also raised its dividend by 56% in 2025, he said.
Brezski closed by reiterating InterDigital’s goal of reaching $1 billion in ARR and $600 million in adjusted EBITDA by 2030, supported by its existing technology portfolio and addressable markets in smartphones, consumer electronics, IoT, streaming and cloud services.
About InterDigital NASDAQ: IDCCInterDigital, Inc is a mobile and video technology research and development company that designs and licenses wireless communications and video compression innovations. Its patent portfolio encompasses key standards across 3G, 4G LTE and 5G wireless networks, as well as video and multimedia technologies. By focusing on fundamental technology creation rather than device manufacturing, InterDigital delivers core intellectual property to smartphone manufacturers, chipset vendors and telecommunications operators worldwide.
The company's principal services include patent licensing, technology evaluation and consulting.
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected].
Should You Invest $1,000 in InterDigital Right Now?Before you consider InterDigital, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and InterDigital wasn't on the list.
While InterDigital currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Learn the basics of options trading and how to use them to boost returns and manage risk with this free report from MarketBeat. Click the link below to get your free copy.
May 19, 2026 08:30 ET | Source: InterDigital, Inc.
WILMINGTON, Del., May 19, 2026 (GLOBE NEWSWIRE) -- InterDigital, Inc. (Nasdaq: IDCC), a wireless, video, and AI technology research and development company, today announced that the company has signed a new IoT patent license agreement with a fintech company in the payments space.
The agreement covers the licensee’s point-of-sale devices under InterDigital’s global patent portfolio related to the cellular 3G and 4G standards, and the Wi-Fi 5 and Wi-Fi 6 standards.
“This agreement is another demonstration of the momentum we’re building across the IoT space,” commented Julia Mattis, Chief Licensing Officer, InterDigital. “This company is a widely recognized disruptor in the fintech sector and we’re glad that it recognizes the value our wireless technology brings to its business.”
About InterDigital®
InterDigital is a global research and development company focused primarily on wireless, video, artificial intelligence (“AI”), and related technologies. We design and develop foundational technologies that enable connected, immersive experiences in a broad range of communications and entertainment products and services. We license our innovations worldwide to companies providing such products and services, including makers of wireless communications devices, consumer electronics, IoT devices, cars and other motor vehicles, and providers of cloud-based services such as video streaming. As a leader in wireless technology, our engineers have designed and developed a wide range of innovations that are used in wireless products and networks, from the earliest digital cellular systems to 5G and today’s most advanced Wi-Fi technologies. We are also a leader in video processing and video encoding/decoding technology, with a significant AI research effort that intersects with both wireless and video technologies. Founded in 1972, InterDigital is listed on Nasdaq.
InterDigital is a registered trademark of InterDigital, Inc.
For more information, visit: www.interdigital.com.
InterDigital Contact:
Richard Lloyd
Email: [email protected]
+1 (202) 349-1716
Key Takeaways InterDigital posted Q1 2026 revenues of $205.4M, topping guidance on licensing strength.IDCC signed six new deals, including Xiaomi and LG, boosting smartphone market reach.IDCC's annualized recurring revenues rose 13% year over year to $567.2M in Q1 2026. InterDigital, Inc. (IDCC - Free Report) has been benefiting from solid momentum in its licensing business. Strong renewals, new agreements and continued traction across smartphone, consumer electronics and video licensing markets are primarily driving this growth.
IDCC reported first-quarter 2026 revenues of $205.4 million, which exceeded the top end of management’s guidance. Smartphone annualized recurring revenues reached a record $492 million in the quarter, while total annualized recurring revenues increased 13% year over year to $567.2 million. The company also stated that the total contract value signed since 2021 has reached approximately $4.7 billion, improving long-term revenue visibility and supporting future monetization opportunities.
InterDigital’s licensing momentum is being supported by its “IP-as-a-Service” business model. The company invests heavily in foundational research across wireless, video and AI technologies and monetizes those innovations through patent licensing agreements.
During the quarter, it inked six new agreements, including a renewal with Xiaomi and a new licensing agreement with LG Electronics. The Xiaomi renewal has significantly strengthened IDCC’s position in the smartphone licensing market. IDCC has stated that it now has eight of the top 10 global smartphone manufacturers under license, covering nearly 85% of the market. The company also renewed its agreement with Sony and added new agreements with Buffalo Americas. Apart from smartphones and consumer electronics, InterDigital is witnessing traction in newer verticals such as IoT. It has signed a new IoT patent license agreement with a fintech company in the payments ecosystem.
Other Tech Firms With Licensing MomentumQualcomm Incorporated (QCOM - Free Report) remains one of the strongest IP licensing companies globally through its QTL (Qualcomm Technology Licensing) segment. The company benefits from 5G smartphone royalties, automotive connectivity and IoT licensing. In the second quarter, Qualcomm Technology Licensing (“QTL”) revenues totaled $1.38 billion, up 5% year over year, with QTL EBT margin expanding to 72% from 70%, indicating solid profitability in the licensing business during the quarter.
Nokia Corporation (NOK - Free Report) is witnessing healthy momentum in its focus areas of software and enterprise, which augurs well for the licensing business. It is poised to benefit from copper and fiber deployments of passive optical networking. Nokia Technologies (reported under Technology Licensees) contributed €385 million ($450.49 million) compared with €369 million in the year-ago quarter. Net sales increased 10% on a constant currency basis, supported by new licensing deals in consumer electronics and multimedia.
IDCC’s Price Performance, Valuation & EstimatesIDCC’s shares have gained 22.7% over the past year compared with the industry’s growth of 57%.
Image Source: Zacks Investment Research
From a valuation standpoint, IDCC trades at a forward price-to-earnings ratio of 28.58, below the industry average of 33.77.
Image Source: Zacks Investment Research
Earnings estimates for 2026 and 2027 have declined over the past 60 days.
Image Source: Zacks Investment Research
IDCC currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
3 Sector ETFs Catching Fire After Earnings BeatsInterDigital NASDAQ: IDCC executives outlined the company’s licensing model, growth targets and patent-enforcement strategy during an appearance at the J.P. Morgan TMC conference, emphasizing the company’s role in wireless, video compression and artificial intelligence research.
Liren Chen, InterDigital’s CEO and president, said the company was founded in 1972 and focuses on “foundational research” in wireless, video compression and artificial intelligence. He said InterDigital develops technology, contributes it to open standards and monetizes its patent portfolio through licensing agreements. Revenue from licensing is then reinvested into research and development, he said.
Get InterDigital alerts:
2 Sizzling Mid-Caps That Could Stay Hot This SummerChen said InterDigital has licensed eight of the top 10 smartphone vendors globally, including Apple, Samsung, Xiaomi, Oppo, Vivo, Honor and Lenovo, and has about 85% of the smartphone industry under license. He added that the company also licenses technology to consumer electronics vendors, television makers, PC makers and, increasingly, the connected-car industry.
Standards Role and Patent Portfolio Chen described InterDigital’s business as beginning with innovation and extending through participation in standards-setting organizations, including 3GPP for cellular technology, IEEE for Wi-Fi and MPEG for video. He said InterDigital engineers participate in and often lead standard-development work, with more than 110 leadership roles across standards organizations.
InterDigital Raises Its Earnings GuidanceIn 3GPP, which defines 5G and is expected to define 6G, Chen said InterDigital is one of three companies globally, and the only U.S. company, with more than one chair among the organization’s 15 working groups. He said the company has two chair roles in 3GPP.
Chen said InterDigital’s technology can become part of standards when the company demonstrates to industry peers that its solution is faster, more efficient, more reliable or offers lower delays than alternatives. If adopted into a standard, the patented technology can be used across billions of devices, creating licensing opportunities.
ARR Target and Growth Areas Rich Brezski, InterDigital’s executive vice president, chief financial officer and treasurer, said the company is targeting “$1 billion or more” in annual recurring revenue by the end of the decade. He said InterDigital is currently at about $560 million in ARR, up from roughly $400 million two years ago.
Brezski said the company’s smartphone ARR goal is $500 million, and InterDigital is “almost there now,” following a record level of smartphone ARR in the first quarter of this year. He said consumer electronics and IoT represent $200 million of the company’s $1 billion ARR target.
The largest incremental opportunity, Brezski said, is video services, cloud and content. InterDigital’s goal is to generate $300 million or more of ARR from video services by 2030, though he said the company is currently at zero in that category. He noted that the technology has already been developed and is used by major subscription and advertising video-on-demand models, and that the opportunity now is “getting paid for that use.”
6G, AI and Connected Devices Chen said InterDigital engineers have been working on 6G for several years, with the standard expected to be finalized by 2029 and broader adoption expected around 2030. He identified several expected pillars of 6G, including native AI, integrated sensing and communication, and non-terrestrial networks that combine cellular and satellite communications.
Chen said future 6G devices are expected to continue supporting older technologies such as 4G and 5G, similar to how today’s 5G phones also support prior generations. From a licensing perspective, he said that creates opportunities to license multi-generation technology.
On connected devices, Chen said InterDigital’s technology is increasingly relevant as more products become wirelessly connected and video-driven. He cited potential use cases including humanoid robots, industrial applications, smart agriculture, smart manufacturing, satellite connectivity and autonomous vehicles.
Chen also discussed AI-based video compression and said InterDigital acquired London-based startup Deep Render, which has worked on software to compress video signals using AI. He said the current technology has too much complexity and remains proprietary, but InterDigital is working to simplify it and potentially contribute aspects to next-generation video codec standards. He cautioned that success is not guaranteed.
Chen said InterDigital is also researching wireless networks designed for AI-driven traffic patterns, including more uplink traffic, and machine-focused video codecs for applications such as autonomous driving, where video is processed by computer systems rather than human viewers.
Patent Enforcement and Streaming Litigation Chen said InterDigital typically negotiates licensing agreements over lengthy periods, using engineers, patent attorneys and sometimes outside counsel to explain its technology contributions and patent coverage. He said contract terms are generally around five years, which the company views as a balance between long-term licensing and changing market volumes.
Regarding streaming, Chen said InterDigital has negotiated with major players for multiple years but has not yet reached agreements with some companies. He said the company filed a multi-jurisdictional patent enforcement action against Disney in February of last year after failing to agree on patent value. He said five patents have gone to trial so far, two in Brazil and three in Germany, and InterDigital has won in all decided cases, with courts ordering preliminary injunctions or injunctions.
Chen said additional patents are coming to trial in Germany, the Unified Patent Court in Europe and the United States, where trials are currently scheduled for February of next year. He said litigation is not the company’s end goal but is part of its effort to secure licensing agreements that reflect the value of its portfolio.
On Amazon, Chen said the situation is different because Amazon sued InterDigital first before a small device-side licensing deal expired. He said InterDigital countersued in November of last year, and that the Amazon matter is behind the Disney litigation in timing.
Cash Flow and Capital Returns Brezski said InterDigital’s licensing revenue often comes with “basically 100% gross margin” because the underlying research investments were made years earlier. As a result, he said revenue growth can drive higher profit margin growth because there is generally no additional cost when the company licenses technology already in use.
Brezski said cash is a strategic asset for InterDigital, particularly because the company sometimes needs to enforce its rights against large companies. He said InterDigital has returned about $800 million to shareholders over the last five years while maintaining a strong balance sheet.
Chen closed by saying InterDigital remains “very excited” about its opportunities and believes its value to the industry has been demonstrated repeatedly.
About InterDigital NASDAQ: IDCCInterDigital, Inc is a mobile and video technology research and development company that designs and licenses wireless communications and video compression innovations. Its patent portfolio encompasses key standards across 3G, 4G LTE and 5G wireless networks, as well as video and multimedia technologies. By focusing on fundamental technology creation rather than device manufacturing, InterDigital delivers core intellectual property to smartphone manufacturers, chipset vendors and telecommunications operators worldwide.
The company's principal services include patent licensing, technology evaluation and consulting.
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected].
Should You Invest $1,000 in InterDigital Right Now?Before you consider InterDigital, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and InterDigital wasn't on the list.
While InterDigital currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
With the proliferation of data centers and electric vehicles, the electric grid will only get more strained. Download this report to learn how energy stocks can play a role in your portfolio as the global demand for energy continues to grow.
WILMINGTON, Del., May 26, 2026 (GLOBE NEWSWIRE) -- InterDigital, Inc. (Nasdaq: IDCC), a wireless, video, and AI technology research and development company, announced that the company will showcase integrated sensing and communication (ISAC) innovation and expertise at the 2026 IEEE International Conference on Communications (ICC).
The Institute of Electrical and Electronics Engineers (IEEE) is the world’s largest technical professional society with more than 400,000 members in 150 countries, providing authority on topics ranging from aerospace systems, computers and telecommunications to biomedical engineering, electric power, and consumer electronics. ICC is one of IEEE’s flagship conferences, attracting nearly 2,000 attendees from over 70 countries to engage in a program of keynotes, tutorials and workshops, and industry and technical paper sessions addressing the latest research and innovations in communications and networking technology.
ISAC Milestones: Collaborative Sensing and Efficient Data Utilization
During the show, InterDigital engineers will demonstrate ISAC milestones, including Architectural enhancements for efficient sensing data utilization in 6G ISAC and a world's first implementation of collaborative cellular and Wi-Fi sensing built on a preliminary 6G architecture. The collaborative sensing demo fuses sensing measurements from cellular and Wi-Fi signals, leveraging their complementary propagation characteristics to improve detection accuracy, spatial resolution, and coverage continuity while reducing blind spots in indoor environments. Real-time signal processing and data fusion enable reliable detection of human presence and environmental changes without cameras or wearable devices, revealing potential for applications in smart manufacturing, device-free healthcare monitoring, and intelligent building situational awareness.
ISAC Towards 6G: Where Do We Stand and What Comes Next?
On Wednesday, May 27th from 14:00 - 15:30 UK time, InterDigital’s Head of Wireless Lab Europe Alain Mourad will deliver an industry presentation on ISAC towards 6G. As Chair of the ETSI ISAC ISG, Alain will introduce the road ahead for ISAC, provide an update on the technology’s adoption status in 5G-Advanced, and outline ongoing discussions around ISAC in 6G studies in 3GPP and the ITU-R IMT-2030. Learn more here.
Integration of Sensing and Communication with Physical AI
On Wednesday, May 27th from 16:00 – 17:30 UK time, Alain Mourad will participate in a panel alongside peers from academia and industry to examine the integration of sensing, communication, and physical AI to advance responsive, adaptive, and trustworthy systems in real-world environments, and potential challenges like scalability, latency, privacy, security, and ethics. Learn more here.
IEEE ICC will take place in Glasgow, Scotland from May 26 – 28, 2026. Register and learn more here.
About InterDigital®
InterDigital is a global research and development company focused primarily on wireless, video, artificial intelligence (“AI”), and related technologies. We design and develop foundational technologies that enable connected, immersive experiences in a broad range of communications and entertainment products and services. We license our innovations worldwide to companies providing such products and services, including makers of wireless communications devices, consumer electronics, IoT devices, cars and other motor vehicles, and providers of cloud-based services such as video streaming. As a leader in wireless technology, our engineers have designed and developed a wide range of innovations that are used in wireless products and networks, from the earliest digital cellular systems to 5G and today’s most advanced Wi-Fi technologies. We are also a leader in video processing and video encoding/decoding technology, with a significant AI research effort that intersects with both wireless and video technologies. Founded in 1972, InterDigital is listed on Nasdaq.
InterDigital® is a registered trademark of InterDigital, Inc.
For more information, visit: www.interdigital.com.
WILMINGTON, Del., June 01, 2026 (GLOBE NEWSWIRE) -- InterDigital, Inc. (Nasdaq: IDCC), a wireless, video, and AI technology research and development company, announced that the company will participate in the European Conference on Networks and Communications (EuCNC) and 6G Summit to demonstrate the potential for 6G research, innovation, and emerging technologies.
The EuCNC & 6G Summit is sponsored by the IEEE Communications Society, the European Association for Signal Processing (EURASIP), and the European Association on Antennas and Propagation (EurAAP), and focuses on topics ranging from 5G deployment and mobile IoT to 6G exploration and future communications systems and networks. The event will take place in Malaga, Spain from June 2 – 5, 2026.
InterDigital will demonstrate Collaborative Sensing for 6G Verticals, as part of the European Commission-funded SNS JU MultiX project, which fuses sensing measurements from cellular and Wi-Fi signals and leverages their complementary propagation characteristics to improve detection accuracy, spatial resolution, and sensing service continuity while reducing blind spots in indoor environments. This innovation reveals potential for 6G applications in smart manufacturing, device-free healthcare monitoring, and intelligent building situational awareness. The demo will be available in Booth #5 and 6.
Alongside the demo, InterDigital engineers will participate in panels and presentations throughout the EuCNC and 6G Summit.
Tuesday, June 2
Challenges and Opportunities on Agentic Networking for AI Agents in 6G
InterDigital’s Muhammad Awais Jadoon will moderate this workshop, and Sebastian Robitzsch will join a presentation exploring architecture advancements towards 6G, outlining the challenges and opportunities of AI Agents operating across one or more layers of the OSI stack leveraging agentic AI towards a fully autonomous closed-loop system. Learn more here.
Workshop on ISAC Initiatives on the European Research Framework
Sebastian Robitzsch will also moderate a panel on standardisation, exploring the challenges and opportunities for academics to contribute to (pre-)standardisation efforts such as the ETSI Integrated Sensing and Communication Industry Specification Group (ISAC ISG). The panel is composed of academics and researchers from both for and non-profit organisations. Learn more here.
Wednesday, June 3
ISAC – Integrated Sensing and Communications Towards 6G
During this special session, InterDigital’s Head of Wireless Lab Europe Alain Mourad will contribute an industry presentation on ISAC towards 6G. As Chair of the ETSI ISAC ISG, Alain will provide an update on the technology’s adoption status in 5G-Advanced and outline ongoing discussions around ISAC in 6G studies in 3GPP and the ITU-R IMT-2030. Learn more here.
Thursday, June 4
Architectural Transformation towards 6G: Standardization Landscape, Enablers, and Challenges
Alain Mourad will join this industry and academia-led panel discussion around the defining architectural shifts that will shape 6G and assess how research and standardization must evolve to turn vision into impact. Learn more here.
Friday, June 5
6G Research into Standardisation: Maximising European Impact through Collaboration, Examples of Success Stories
In this special session dedicated to raising awareness of the directions, focus, priorities, and challenges that the research community should consider, Alain Mourad will provide perspective as Chair of the ETSI ISAC ISG on the lessons learned from moving research closer to standards. Learn more here.
Learn more about EuCNC and the 6G Summit here.
About InterDigital®
InterDigital is a global research and development company focused primarily on wireless, video, artificial intelligence (“AI”), and related technologies. We design and develop foundational technologies that enable connected, immersive experiences in a broad range of communications and entertainment products and services. We license our innovations worldwide to companies providing such products and services, including makers of wireless communications devices, consumer electronics, IoT devices, cars and other motor vehicles, and providers of cloud-based services such as video streaming. As a leader in wireless technology, our engineers have designed and developed a wide range of innovations that are used in wireless products and networks, from the earliest digital cellular systems to 5G and today’s most advanced Wi-Fi technologies. We are also a leader in video processing and video encoding/decoding technology, with a significant AI research effort that intersects with both wireless and video technologies. Founded in 1972, InterDigital is listed on Nasdaq.
InterDigital® is a registered trademark of InterDigital, Inc.
For more information, visit: www.interdigital.com.
Final terms to be determined in binding arbitration; parties have resolved all pending litigation between them June 11, 2026 08:59 ET | Source: InterDigital, Inc.
WILMINGTON, Del., June 11, 2026 (GLOBE NEWSWIRE) -- InterDigital, Inc. (Nasdaq: IDCC), a wireless, video and AI technology research and development company, today announced that it has entered into a patent license agreement with Amazon, covering Amazon’s services and devices, including Amazon Prime Video. The parties have agreed to resolve all pending litigation and will enter into binding arbitration to determine the final terms of the new agreement.
“This agreement is an important milestone in InterDigital’s longer-term goal to expand into video streaming services licensing and is recognition of the importance of our foundational technology in devices and services,” commented Julia Mattis, Chief Licensing Officer, InterDigital. “We welcome Amazon’s willingness to enter into a license agreement with us and work through the remaining issues in global arbitration.”
About InterDigital®
InterDigital is a global research and development company focused primarily on wireless, video, artificial intelligence (“AI”), and related technologies. We design and develop foundational technologies that enable connected, immersive experiences in a broad range of communications and entertainment products and services. We license our innovations worldwide to companies providing such products and services, including makers of wireless communications devices, consumer electronics, IoT devices, cars and other motor vehicles, and providers of cloud-based services such as video streaming. As a leader in wireless technology, our engineers have designed and developed a wide range of innovations that are used in wireless products and networks, from the earliest digital cellular systems to 5G and today’s most advanced Wi-Fi technologies. We are also a leader in video processing and video encoding/decoding technology, with a significant AI research effort that intersects with both wireless and video technologies. Founded in 1972, InterDigital is listed on Nasdaq.
InterDigital is a registered trademark of InterDigital, Inc.
For more information, visit: www.interdigital.com.
InterDigital Contact:
Richard Lloyd
Email: [email protected]
+1 (202) 349-1716
June 11, 2026 16:30 ET | Source: InterDigital, Inc.
WILMINGTON, Del., June 11, 2026 (GLOBE NEWSWIRE) -- InterDigital, Inc. (Nasdaq: IDCC), a wireless, video and AI technology research and development company, today announced that its Board of Directors has declared a regular quarterly cash dividend of $0.70 per share on its common stock payable on or about July 22, 2026, to shareholders of record at the close of business on July 8, 2026.
About InterDigital®
InterDigital is a global research and development company focused primarily on wireless, video, artificial intelligence (“AI”), and related technologies. We design and develop foundational technologies that enable connected, immersive experiences in a broad range of communications and entertainment products and services. We license our innovations worldwide to companies providing such products and services, including makers of wireless communications devices, consumer electronics, IoT devices, cars and other motor vehicles, and providers of cloud-based services such as video streaming. As a leader in wireless technology, our engineers have designed and developed a wide range of innovations that are used in wireless products and networks, from the earliest digital cellular systems to 5G and today’s most advanced Wi-Fi technologies. We are also a leader in video processing and video encoding/decoding technology, with a significant AI research effort that intersects with both wireless and video technologies. Founded in 1972, InterDigital is listed on Nasdaq.
InterDigital is a registered trademark of InterDigital, Inc.
For more information, visit: www.interdigital.com.
InterDigital (IDCC) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.
