Company: IDCC
Filing Date: 2025-07-31
Form Type: 10-Q
Source: 0001405495-25-000051
Chunk: 18

Company: InterDigital, Inc.
Filing Date: 2025-07-31
Form: 10-Q
Item: Part I, Item 1
Chunk 18
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 shareholders' equity$1,984,709 $1,835,529 

The accompanying notes are an integral part of these statements.

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Table of Contents

INTERDIGITAL, INC. AND SUBSIDIARIES

CONDENSED CONSOLIDATED STATEMENTS OF INCOME

(in thousands, except per share data)

(unaudited)

Three Months Ended June 30,Six Months Ended June 30,2025202420252024Revenue$300,596 $223,493 $511,103 $487,035 Operating expenses:Research and portfolio development53,674 50,145 101,104 99,520 Licensing23,909 25,156 41,586 121,745 General and administrative17,586 14,286 31,154 28,126 Total operating expenses95,169 89,587 173,844 249,391 Income from operations205,427 133,906 337,259 237,644 Interest expense(9,537)(11,483)(19,408)(23,405)Other income, net15,144 11,682 25,402 20,929 Income before income taxes211,034 134,105 343,253 235,168 Income tax provision(30,466)(24,441)(47,083)(43,852)Net income$180,568 $109,664 $296,170 $191,316 Net income per common share — Basic$6.97 $4.35 $11.47 $7.54 Weighted average number of common shares outstanding — Basic25,917 25,207 25,829 25,359 Net income per common share — Diluted$5.35 $3.93 $8.81 $6.80 Weighted average number of common shares outstanding — Diluted33,725 27,910 33,615 28,125 Cash dividends declared per common share$0.60 $0.40 $1.20 $0.80 

The accompanying notes are an integral part of these statements.

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Table of Contents

INTERDIGITAL, INC. AND SUBSIDIARIES

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME

(in thousands)

(unaudited)

 Three Months Ended June 30,Six Months Ended