InterDigital (NASDAQ:IDCC) Releases Q2 2026 Earnings Guidance

InterDigital (NASDAQ:IDCC) issued an update on its second quarter 2026 earnings guidance on Thursday morning. The company provided earnings per share guidance of 1.410-1.600 for the period, compared to the consensus earnings per share estimate of 2.030. The company issued revenue guidance of $139.0 million-$143.0 million, compared to the consensus revenue estimate of $158.5 million. InterDigital also updated its FY 2026 guidance to 8.740-11.840 EPS.

InterDigital Stock Performance

Shares of NASDAQ:IDCC traded down $56.12 during trading on Thursday, reaching $296.56. The stock had a trading volume of 722,614 shares, compared to its average volume of 254,745. The stock has a fifty day simple moving average of $347.23 and a two-hundred day simple moving average of $346.72. The company has a quick ratio of 1.84, a current ratio of 1.84 and a debt-to-equity ratio of 0.01. InterDigital has a 52 week low of $196.00 and a 52 week high of $412.60. The firm has a market capitalization of $7.67 billion, a price-to-earnings ratio of 24.86 and a beta of 1.66.

InterDigital (NASDAQ:IDCC) last posted its quarterly earnings data on Thursday, February 5th. The Wireless communications provider reported $2.12 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.65 by $0.47. The business had revenue of $158.23 million during the quarter, compared to the consensus estimate of $155.57 million. InterDigital had a net margin of 48.76% and a return on equity of 41.09%. InterDigital’s quarterly revenue was down 37.4% compared to the same quarter last year. During the same period in the prior year, the firm earned $5.15 EPS. InterDigital has set its Q1 2026 guidance at 2.390-2.680 EPS. As a group, analysts anticipate that InterDigital will post 7.71 earnings per share for the current fiscal year.

InterDigital Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, April 22nd. Stockholders of record on Wednesday, April 8th were issued a dividend of $0.70 per share. The ex-dividend date was Wednesday, April 8th. This represents a $2.80 dividend on an annualized basis and a dividend yield of 0.9%. InterDigital’s payout ratio is 23.47%.

Analyst Upgrades and Downgrades

IDCC has been the topic of several research analyst reports. Roth Mkm restated a “buy” rating on shares of InterDigital in a research note on Tuesday, January 20th. Jefferies Financial Group reissued a “buy” rating on shares of InterDigital in a report on Wednesday, March 18th. Finally, Wall Street Zen upgraded shares of InterDigital from a “sell” rating to a “hold” rating in a research report on Saturday, March 7th. Four equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat.com, InterDigital currently has a consensus rating of “Moderate Buy” and a consensus target price of $416.67.

Insider Activity

In other news, CTO Rajesh Pankaj sold 1,500 shares of InterDigital stock in a transaction dated Monday, April 6th. The shares were sold at an average price of $313.30, for a total transaction of $469,950.00. Following the sale, the chief technology officer directly owned 72,449 shares in the company, valued at approximately $22,698,271.70. The trade was a 2.03% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Richard Brezski sold 2,000 shares of the company’s stock in a transaction dated Wednesday, February 11th. The shares were sold at an average price of $352.24, for a total transaction of $704,480.00. Following the completion of the sale, the chief financial officer directly owned 70,404 shares in the company, valued at approximately $24,799,104.96. The trade was a 2.76% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 18,997 shares of company stock valued at $6,672,454. 2.80% of the stock is owned by insiders.

InterDigital News Summary

Here are the key news stories impacting InterDigital this week:

• Positive Sentiment: Q1 results modestly beat expectations — InterDigital reported $2.57 EPS vs. a Zacks consensus of $2.54 and revenue of $205.4M vs. ~$196.9M expected, showing the quarter outperformed consensus estimates. InterDigital (IDCC) Beats Q1 Earnings and Revenue Estimates
• Positive Sentiment: Operational highlights and strong margins — Management said revenue, adjusted EBITDA and EPS were above the top end of guidance and reported record smartphone annual recurring revenue (ARR), which supports recurring-license robustness. InterDigital Announces Financial Results for First Quarter 2026
• Neutral Sentiment: Full‑year 2026 guidance issued as a wide range — InterDigital updated FY26 EPS guidance to a range of 8.740–11.840 (Street ~9.42) and revenue guidance to $675M–$775M (Street ~$699M). The wide range leaves ambiguity about timing and magnitude of royalty/license contributions. InterDigital Announces Financial Results for First Quarter 2026
• Neutral Sentiment: Analyst/press coverage highlights company strengths and valuation — Recent coverage (e.g., The Motley Fool) reiterates InterDigital’s technology and licensing moat; useful background but not immediate market-moving news. InterDigital: A Strong Contender in the Tech Stock Arena
• Negative Sentiment: Q2 guidance disappointed materially — Management set Q2 EPS guidance of $1.41–1.60 vs. Street ~ $2.03 and revenue guidance of $139M–$143M vs. Street ~ $158.5M, signaling near-term softness in recognized licensing revenue and driving investor concern. InterDigital Q1 2026 Press Release / Slide Deck

Hedge Funds Weigh In On InterDigital

A number of hedge funds have recently modified their holdings of the stock. Kemnay Advisory Services Inc. bought a new position in shares of InterDigital in the fourth quarter valued at approximately $26,000. Greenline Wealth Management LLC bought a new stake in InterDigital during the 4th quarter worth approximately $48,000. Headlands Technologies LLC increased its holdings in InterDigital by 47.9% during the 2nd quarter. Headlands Technologies LLC now owns 250 shares of the Wireless communications provider’s stock valued at $56,000 after purchasing an additional 81 shares in the last quarter. Caitong International Asset Management Co. Ltd increased its holdings in InterDigital by 328.9% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 193 shares of the Wireless communications provider’s stock valued at $61,000 after purchasing an additional 148 shares in the last quarter. Finally, Gen Wealth Partners Inc bought a new position in InterDigital in the 4th quarter valued at $65,000. 99.83% of the stock is owned by institutional investors and hedge funds.

About InterDigital

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.