InterDigital (IDCC) reported third-quarter 2026 revenue of $193.4 million, up 17% from a year earlier, and GAAP net income of $80.2 million, up 19%. Diluted GAAP earnings per share were $2.34.
The company increased its full-year 2026 contracted-revenue outlook to $813 million to $819 million and reported annualized recurring revenue of $628.9 million.
- Third-quarter catch-up revenue was $36.2 million, compared with $17.7 million a year earlier.
- Smartphone revenue was $122.6 million, while CE, IoT/Auto revenue was $55.7 million and Streaming and Cloud Services revenue was $15.0 million.
- InterDigital declared a quarterly cash dividend of $0.75 per share, up from $0.70.
- Fourth-quarter revenue outlook is $154 million to $160 million, with diluted EPS outlook of $1.04 to $1.27.
- The company reached an agreement with a top PC manufacturer, with final terms to be determined by binding arbitration, and signed an IoT license agreement with KEBA.
$IDCC Insider Trading Activity
$IDCC insiders have traded $IDCC stock on the open market 15 times in the past 6 months. Of those trades, 0 have been purchases and 15 have been sales.
Here’s a breakdown of recent trading of $IDCC stock by insiders over the last 6 months:
- RAJESH PANKAJ (Chief Technology Officer) has made 0 purchases and 8 sales selling 9,000 shares for an estimated $2,762,085.
- JULIA C MATTIS (Chief Licensing Officer) sold 1,600 shares for an estimated $412,239
- DEREK K ABERLE sold 522 shares for an estimated $144,406
- SAMIR ARMALY sold 470 shares for an estimated $130,020
- JOHN D. JR. MARKLEY sold 400 shares for an estimated $120,000
- JOHN A KRITZMACHER sold 365 shares for an estimated $100,973
- JEAN F RANKIN sold 365 shares for an estimated $100,973
- JOAN H GILLMAN sold 300 shares for an estimated $99,318
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
$IDCC Hedge Fund Activity
We have seen 235 institutional investors add shares of $IDCC stock to their portfolio, and 290 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- T. ROWE PRICE INVESTMENT MANAGEMENT, INC. added 740,461 shares (+12804.1%) to their portfolio in Q2 2026, for an estimated $209,646,722
- PRICE T ROWE ASSOCIATES INC /MD/ added 341,921 shares (+15.0%) to their portfolio in Q2 2026, for an estimated $96,808,092
- SIXTH STREET PARTNERS MANAGEMENT COMPANY, L.P. added 330,430 shares (+inf%) to their portfolio in Q2 2026, for an estimated $93,554,645
- FMR LLC added 307,352 shares (+133.5%) to their portfolio in Q2 2026, for an estimated $87,020,571
- BLACKROCK, INC. added 297,052 shares (+8.2%) to their portfolio in Q2 2026, for an estimated $84,104,332
- DRIEHAUS CAPITAL MANAGEMENT LLC removed 227,855 shares (-54.5%) from their portfolio in Q2 2026, for an estimated $64,512,586
- MILLENNIUM MANAGEMENT LLC removed 194,426 shares (-86.9%) from their portfolio in Q2 2026, for an estimated $55,047,833
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
