InterDigital Q3 revenue rises 17% to $193.4 million; full-year revenue outlook raised
InterDigital reported third-quarter 2026 revenue of $193.4 million, up 17% from a year earlier, and net income of $80.2 million, up 19%. The company raised the midpoint of its full-year 2026 revenue outlook to $813 million to $819 million, based only on contracted revenue, and reported record annualized recurring revenue of $628.9 million. Smartphone revenue fell 10% in the quarter, and third-quarter revenue included $36.2 million of catch-up revenue.
Key points
- Q3 2026 revenue of $193.4 million, up 17% from $164.7 million; diluted EPS of $2.34 versus $1.93 a year earlier
- Full-year 2026 revenue outlook of $813 million to $819 million; Q4 2026 revenue outlook of $154 million to $160 million, both based on contracted revenue only
- Annualized recurring revenue reached a record $628.9 million, up 7% year over year
- Quarterly dividend increased to $0.75 per share from $0.70; 2027 convertible notes remain outstanding at $296.7 million principal
The filing
Written by AI on Nov 7, 2026, 11:17 PM ET, from this filing only.
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