InterDigital(US:IDCC) Globenewswire·2025-10-30 12:30Core Insights - InterDigital reported a strong performance in Q3 2025, with annualized recurring revenue reaching an all-time high of $588 million, representing a 49% year-over-year increase [1][2] - The company achieved a net income of $67.5 million, a 97% increase from the previous year, and diluted EPS rose by 69% to $1.93 [5][2] - Key business developments included the completion of the Samsung smartphone arbitration and the signing of four new license agreements [2][5] Financial Performance - Revenue for Q3 2025 was $164.7 million, up 28% from $128.7 million in Q3 2024 [3][5] - Operating expenses slightly decreased by 1% to $88.9 million compared to $89.3 million in the prior year [3] - Adjusted EBITDA increased by 62% to $104.9 million, with an adjusted EBITDA margin of 64%, up from 50% [3][5] Revenue Breakdown - Annualized recurring revenue was $588 million, a 49% increase from $394.5 million in the previous year [3] - Revenue from smartphones was $136.4 million, a 56% increase year-over-year, while revenue from CE, IoT/Auto dropped by 31% to $28.2 million [3] - Catch-up revenue decreased by 41% to $17.7 million [3] Shareholder Returns - The company declared dividends of $0.70 per share, up from $0.45 in the previous year, and repurchased shares worth $35.3 million [4][5] - Total return of capital to shareholders amounted to $53.3 million [4] Outlook - For Q4 2025, the company expects revenue between $144 million and $148 million, and for the full year 2025, revenue is projected to be between $820 million and $824 million [10] - Adjusted EBITDA for Q4 is anticipated to be between $68 million and $76 million, with diluted EPS expected to range from $0.72 to $0.95 [10]