# InterDigital’s Revenue Rises 17% With Higher Catch-Up Licensing Income

The technology-licensing company reported higher profit and a contracted-revenue outlook of $813 million–$819 million for 2026.

By Will Langan | 24X7 News
Published: 2026-10-29T14:03:48.705Z
Updated: 2026-10-29T14:03:48.705Z
Section: Technology
Format: News
Canonical: https://24x7news.us/articles/interdigital-third-quarter-results-october-29-2026

InterDigital reported October 29 that third-quarter revenue rose 17% to $193.4 million, including a larger contribution from catch-up licensing revenue.

Net income increased 19% to $80.2 million. Diluted earnings rose to $2.34 per share from $1.93, while adjusted earnings increased to $3.11 from $2.55.

Catch-up revenue totaled $36.2 million, compared with $17.7 million a year earlier. Smartphone revenue fell 10% to $122.6 million, but consumer electronics, connected devices and automotive revenue nearly doubled to $55.7 million. Streaming and cloud services contributed $15 million.

The company reported $628.9 million in annualized recurring revenue. It calculates that measure by subtracting quarterly catch-up revenue from total revenue and multiplying the remainder by four. It is a run-rate measure, rather than revenue already collected over a year or a forecast.

Management expects 2026 revenue of $813 million–$819 million and reported diluted earnings of $8.93–$9.16 per share. The forecast includes contracted revenue only; additional agreements would change the outlook.

The company also announced an increase in its quarterly dividend to 75 cents per share from 70 cents.

Sources:
InterDigital — October 29 Results: https://www.globenewswire.com/news-release/2026/10/29/3391273/24691/en/interdigital-announces-financial-results-for-third-quarter-2026.html

## Sources
- InterDigital — October 29 Results: https://www.globenewswire.com/news-release/2026/10/29/3391273/24691/en/interdigital-announces-financial-results-for-third-quarter-2026.html