IDCC News & Events

Reports Q1 revenue $205.4M, consensus $196.9M. "With six new agreements in the first quarter, including renewing Xiaomi to a long-term contract, we are off to a strong start in 2026. These new agreements drove our results above the top-end of our guidance as we continued our momentum across our licensing programs, our research and innovation pipeline, and our patent portfolio", commented CEO Liren Chen. "Over the last five years, we have signed agreements with a cumulative total contract value of $4.7 billion and now have the world's top-three smartphone vendors under license through the end of the decade. This success provides a strong base from which to drive additional growth."

Sees Q2 revenue $139M-$143M, consensus $159.88M. Sees Q2 adjusted EBITDA $67M-$73M. The company said, "The outlook for second 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 second quarter."

Backs FY26 revenue view $675M-$775M, consensus $704.7M. Backs FY26 adjusted EBITDA view $381M-$477M. The company said, "The Company has reaffirmed its full year 2026 outlook and provided an initial outlook for the second quarter 2026. The outlook for second 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 second 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."

InterDigital (IDCC) announced that the company has signed a new patent license agreement with Buffalo Americas and new agreements with a global TV manufacturer. The agreement with Buffalo Americas, Inc. covers Buffalo Americas' network devices under InterDigital's global patent portfolio related to the Wi-Fi 5 and Wi-Fi 6 standards. Buffalo is a leading provider of easy-to-use, reliable and secure data storage solutions. The agreements with the global TV manufacturer relate to InterDigital's HEVC video portfolio as well as the company's Madison joint licensing program with Sony (SONY).