InterDigital二季度受亚马逊协议推动超出展望，并将2026年收入指引中位数上调8500万美元

First Streaming and Cloud Services agreement drives Q2 results above outlook
Annualized recurring revenue1 at all-time high of $626 million, up 13% YoY
Company raises full year 2026 revenue outlook by $85 million
WILMINGTON, Del., July 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 June 30, 2026.
“We have delivered another outstanding quarter, with continued momentum across our business, including our new agreement with Amazon, driving annualized recurring revenue1 to a record $626 million,” commented Liren Chen, InterDigital CEO and President. “Building on the strength of our second quarter results, the increased business momentum, and the opportunity to make more progress over the balance of this year, we have raised the full year 2026 guidance to between $775 million and $845 million, an increase of $85 million at the midpoint.”
Recent Business Highlights
- Reached agreement with Amazon, covering Amazon’s services and devices, including Amazon Prime Video, with final terms to be determined by binding arbitration
- Signed new IoT license agreement with a leading fintech company covering point-of-sale devices
- Awarded two injunctions against Disney from Europe’s Unified Patent Court covering eleven countries
- Annualized recurring revenue1 ("ARR") increased 13% year-over-year from $553.1 million to $625.7 million
Second Quarter 2026 Financial Summary:
Second quarter 2026 revenue included $103.7 million of catch-up revenue, compared with $162.3 million of catch-up revenue in second quarter 2025. Operating expenses increased $25.8 million primarily due to increases in intellectual property enforcement costs and share-based compensation driven by business successes.
| | Three Months Ended June 30, |
| ($ in millions, except per share data) | 2026
| | 2025
| | Change |
| GAAP Results: | | | | | |
| Revenue | $260.2 | | $300.6 | | (13)% |
| Operating expenses | $120.9 | | $95.2 | | 27% |
| Net income | $116.4 | | $180.6 | | (36)% |
| Net income margin | 45% | | 60% | | (15) ppt |
| Diluted EPS | $3.40 | | $5.35 | | (36)% |
| Non-GAAP Results: | | | | | |
| Adjusted EBITDA2 | $184.1 | | $236.7 | | (22)% |
| Adjusted EBITDA margin2 | 71% | | 79% | | (8) ppt |
| Non-GAAP Net income3 | $141.4 | | $195.3 | | (28)% |
| Non-GAAP EPS3 | $4.62 | | $6.52 | | (29)% |
| Additional Information: | | | | | |
| Revenue by type: | | | | | |
| Annualized recurring revenue1 | $625.7 | | $553.1 | | 13% |
| Catch-up revenue | $103.7 | | $162.3 | | (36)% |
| Revenue by program: | | | | | |
| Smartphone | $122.7 | | $235.1 | | (48)% |
| CE, IoT/Auto | $27.5 | | $65.3 | | (58)% |
| Streaming and Cloud Services | $110.0 | | $— | | N/M |
| Other | $— | | $0.2 | | (100)% |
| | | | | | |
| N/M Not meaningful | | | | | |
Return of Capital
(in millions, except per share data)
| Share Repurchases | | Dividends Declared | | Total Return of Capital
|
| Shares | | Value | | Per Share | | Value | |
| Second quarter 2026 | <0.1 | | $23.0 | | $0.70 | | $18.1 | | $41.1 |
Near Term Outlook
The Company raised its full year 2026 outlook and provided an initial outlook for third quarter 2026 in the table below. The outlook for third quarter 2026 covers existing licenses and does not include any new agreements or enforcement action results we may sign or receive over the balance of the third quarter. The outlook for full year 2026 includes both existing licenses and the expected contributions from new agreements and/or enforcement actions we may receive over the balance of the year.
| | | | Full Year 2026 |
| (in millions, except per share data) | Q3 2026 | | Current | | Prior |
| Revenue | $154 - $158 | | $775 - $845 | | $675 - $775 |
| Adjusted EBITDA2 | $86 - $92 | | $469 - $529 | | $381 - $477 |
| Diluted EPS | $1.25 - $1.42 | | $7.91 - $9.67 | | $5.77 - $8.51 |
| Non-GAAP EPS3 | $1.94 - $2.13 | | $10.85 - $12.81 | | $8.74 - $11.84 |
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 the calendar quarter ending September 30, 2026. The current conversion rate of the Notes is 13.0351 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 $76.72 to $105.43. In connection with the Notes issuance, we also issued warrants to acquire, subject to customary anti-dilution adjustments, approximately 6.0 million shares of common stock. 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 June 30, 2026 for more information.
As of June 30, 2026, $380.0 million in principal of the 2027 Notes remains outstanding, of which holders have elected to convert $80.3 million principal amount, which will settle in third quarter 2026. No incremental outstanding shares will result from such conversions due to the offsetting impact of hedging arrangements.
As of June 30, 2026, warrants to acquire 6.0 million shares of common stock remain outstanding at a strike price of $105.43, subject to adjustment, which mature on a net-share basis beginning September 2027 through April 2028.
Conference Call Information
InterDigital will host a conference call on Thursday, July 30, 2026 at 10:00 a.m. ET to discuss its second 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 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.
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