InterDigital Inc. (IDCC) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
200 BELLEVUE PARKWAY WILMINGTON, DE 19809-3727 |
| State of Incorp. | |
| Fiscal Year End | December 31 |
| Industry (SIC) | 6794 - Patent Owners and Lessors (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)Annual | Quarterly
| 9/30/2024 Q3 | 6/30/2024 Q2 | 3/31/2024 Q1 | 12/31/2023 Q4 | 9/30/2023 Q3 | 6/30/2023 Q2 | 3/31/2023 Q1 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 760,343 | 984,635 | 1,006,356 | 1,083,919 | 840,723 | 950,684 | |||
| Cash and cash equivalents | 299,762 | 440,242 | 437,076 | 518,483 | 277,599 | 430,625 | |||
| Short-term investments | 460,581 | 544,393 | 569,280 | 565,436 | 563,124 | 520,059 | |||
| Restricted cash and investments | 9,233 | 20,948 | 5,885 | 7,229 | 13,273 | 12,085 | |||
| Receivables | 245,176 | 167,588 | 137,127 | 75,934 | 79,801 | 66,854 | |||
| Prepaid expense | 35,775 | 32,792 | 9,353 | 11,474 | 10,386 | 13,447 | |||
| Contract with customer, asset, after allowance for credit loss | 46,100 | 35,100 | 133,100 | ||||||
| Disposal group, including discontinued operation | 1,500 | ||||||||
| Deposits current assets | |||||||||
| Other current assets | 6,591 | 9,473 | 8,903 | 9,561 | 11,170 | 7,806 | |||
| Other undisclosed current assets | 23,472 | 201,694 | 10,938 | ||||||
| Total current assets: | 1,057,118 | 1,215,436 | 1,167,624 | 1,257,689 | 1,192,147 | 1,196,414 | |||
| Noncurrent Assets | |||||||||
| Property, plant and equipment | 10,861 | 11,084 | 11,566 | 11,181 | 11,683 | 11,445 | |||
| Long-term investments and receivables | 31,900 | ||||||||
| Long-term investments | 31,900 | ||||||||
| Contract with customer, asset, after allowance for credit loss | 43,700 | 39,100 | 19,600 | ||||||
| Regulated entity, other noncurrent assets | 7,400 | ||||||||
| Deferred income tax assets | 99,627 | 117,309 | 128,967 | 92,065 | 94,278 | 81,748 | |||
| Other noncurrent assets | 165,916 | 156,060 | 149,656 | 137,473 | 125,081 | 114,746 | |||
| Other undisclosed noncurrent assets | 302,773 | 307,132 | 273,701 | 284,373 | 297,890 | 324,605 | |||
| Total noncurrent assets: | 579,177 | 591,585 | 603,190 | 568,792 | 568,032 | 552,144 | |||
| TOTAL ASSETS: | 1,636,295 | 1,807,021 | 1,770,814 | 1,826,481 | 1,760,179 | 1,748,558 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 40,888 | 122,166 | 98,042 | 101,185 | 108,325 | 67,113 | |||
| Accrued liabilities | 40,888 | 122,166 | 98,042 | 101,185 | 108,325 | 67,113 | |||
| Deferred revenue | 156,792 | 155,966 | 153,597 | 167,615 | 172,650 | 178,816 | |||
| Debt | 453,766 | 579,369 | 578,752 | ||||||
| Other undisclosed current liabilities | 47,901 | 46,318 | 50,737 | 176,647 | 165,529 | 8,464 | |||
| Total current liabilities: | 699,347 | 903,819 | 881,128 | 445,447 | 446,504 | 254,393 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 17,687 | 28,029 | 29,019 | 485,476 | 483,917 | 607,914 | |||
| Long-term debt, excluding current maturities | 17,687 | 28,029 | 29,019 | 485,476 | 483,917 | 607,914 | |||
| Liabilities, other than long-term debt | 222,484 | 250,882 | 279,118 | 307,776 | 229,402 | 260,950 | |||
| Deferred revenue | 166,263 | 193,955 | 223,866 | 255,091 | 172,582 | 205,057 | |||
| Other liabilities | 56,221 | 56,927 | 55,252 | 52,685 | 56,820 | 55,893 | |||
| Total noncurrent liabilities: | 240,171 | 278,911 | 308,137 | 793,252 | 713,319 | 868,864 | |||
| Total liabilities: | 939,518 | 1,182,730 | 1,189,265 | 1,238,699 | 1,159,823 | 1,123,257 | |||
| Equity | |||||||||
| Equity, attributable to parent | 696,777 | 624,291 | 581,549 | 583,430 | 595,217 | 619,672 | |||
| Common stock | 699 | 696 | 694 | 694 | 693 | 693 | |||
| Treasury stock, value | (1,724,799) | (1,652,568) | (1,623,549) | (1,583,403) | (1,526,545) | (1,484,056) | |||
| Additional paid in capital | 789,708 | 744,073 | 742,981 | 734,627 | 726,852 | 719,129 | |||
| Accumulated other comprehensive income (loss) | (1,232) | (1,142) | (647) | (2,146) | (2,176) | (337) | |||
| Retained earnings | 1,632,401 | 1,533,232 | 1,462,070 | 1,433,658 | 1,396,393 | 1,384,243 | |||
| Equity, attributable to noncontrolling interest | 4,352 | 5,139 | 5,629 | ||||||
| Total equity: | 696,777 | 624,291 | 581,549 | 587,782 | 600,356 | 625,301 | |||
| TOTAL LIABILITIES AND EQUITY: | 1,636,295 | 1,807,021 | 1,770,814 | 1,826,481 | 1,760,179 | 1,748,558 | |||
Income Statement (P&L) ($ in thousands)Annual | Quarterly
| 9/30/2024 Q3 | 6/30/2024 Q2 | 3/31/2024 Q1 | 12/31/2023 Q4 | 9/30/2023 Q3 | 6/30/2023 Q2 | 3/31/2023 Q1 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 223,493 | 263,542 | 105,518 | 140,106 | 101,591 | 202,373 | ||
| Cost of revenue | (75,301) | (145,964) | (65,588) | (71,775) | (66,522) | (68,297) | ||
| Gross profit: | 148,192 | 117,578 | 39,930 | 68,331 | 35,069 | 134,076 | ||
| Operating expenses | (14,286) | (13,840) | (14,605) | (14,678) | (11,693) | (14,815) | ||
| Operating income: | 133,906 | 103,738 | 25,325 | 53,653 | 23,376 | 119,261 | ||
| Nonoperating income (Other Nonoperating income) | 11,682 | 9,247 | 15,509 | 14,725 | 14,387 | 13,191 | ||
| Interest and debt expense | (11,483) | (11,922) | (7,906) | (12,683) | (12,141) | (12,087) | ||
| Income from continuing operations before income taxes: | 134,105 | 101,063 | 32,928 | 55,695 | 25,622 | 120,365 | ||
| Income tax expense (benefit) | (24,441) | (19,411) | 6,158 | (8,541) | (4,329) | (16,845) | ||
| Net income: | 109,664 | 81,652 | 39,086 | 47,154 | 21,293 | 103,520 | ||
| Net income attributable to noncontrolling interest | 787 | 490 | 1,739 | |||||
| Net income available to common stockholders, diluted: | 109,664 | 81,652 | 39,086 | 47,941 | 21,783 | 105,259 | ||
Comprehensive Income ($ in thousands)Annual | Quarterly
| 9/30/2024 Q3 | 6/30/2024 Q2 | 3/31/2024 Q1 | 12/31/2023 Q4 | 9/30/2023 Q3 | 6/30/2023 Q2 | 3/31/2023 Q1 | ||
|---|---|---|---|---|---|---|---|---|
| Net income: | 109,664 | 81,652 | 39,086 | 47,154 | 21,293 | 103,520 | ||
| Other undisclosed comprehensive income (loss) | (90) | (495) | 1,499 | 30 | (1,839) | 579 | ||
| Comprehensive income: | 109,574 | 81,157 | 40,585 | 47,184 | 19,454 | 104,099 | ||
| Comprehensive income, net of tax, attributable to noncontrolling interest | 787 | 490 | 1,739 | |||||
| Comprehensive income, net of tax, attributable to parent: | 109,574 | 81,157 | 40,585 | 47,971 | 19,944 | 105,838 | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.