Company: IDCC
Filing Date: 2025-10-30
Form Type: 10-Q
Source: 0001405495-25-000063
Chunk: 79

Company: InterDigital, Inc.
Filing Date: 2025-10-30
Form: 10-Q
Item: Part I, Item 8
Chunk 79
---
7,642 78,723 Other non-operating (income) expense, net (b)(169)(1,873)(6,163)603 Income tax provision8,474 7,025 55,557 50,877 Net income$67,503 $34,190 $363,673 $225,506                             (a) Includes personnel costs, consulting costs, outside services, administrative costs, and other operating expenses.(b) Includes interest income, interest expense, and other non-operating income and expenses

10.  OTHER INCOME, NET

The amounts included in "Other income, net" in the condensed consolidated statements of income for the three and nine months ended September 30, 2025 and 2024 were as follows (in thousands):Three Months Ended September 30,Nine Months Ended September 30,2025202420252024Interest and investment income$9,484 $9,175 $27,576 $31,078 Other704 3,379 8,014 2,405 Other income, net$10,188 $12,554 $35,590 $33,483 The change in Other was primarily due to foreign currency translation which resulted in a loss of $0.6 million and a gain of $5.9 million in the three and nine months ending September 30, 2025, respectively, compared to a gain of $2.8 million and a loss of $0.5 million in the three and nine months ending September 30, 2024, respectively.

21

Item 2. MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS.

OVERVIEW

The following discussion should be read in conjunction with the unaudited, condensed consolidated financial statements and notes thereto contained in Part I, Item 1 of this Quarterly Report on Form 10-Q, in addition to our 2024 Form 10-K, other reports filed with the SEC and the Statement Pursuant to the Private Securities Litigation Reform Act of 1995 — Forward-Looking Statements below. 

Throughout the following discussion and elsewhere in this Quarterly Report on Form 10-Q, we refer to “catch-up revenue.” For variable and dynamic fixed-fee license agreements, “catch-up revenue” primarily represents revenue associated with reporting periods prior to the execution of the license agreement.

New Agreements

During third quarter