InterDigital, Inc. has reported its financial results for the third quarter of 2025, highlighting a significant increase in various key metrics compared to the same period in 2024.
The company's revenue for the third quarter of 2025 amounted to $164.7 million, representing a substantial 28% increase from the $128.7 million reported in the third quarter of 2024.
Net income for the same period surged to $67.5 million, marking a remarkable 97% jump from the $34.2 million reported in the third quarter of 2024. Additionally, the diluted earnings per share (EPS) also experienced impressive growth, rising by 69% year-over-year to reach $1.93.
A notable highlight is the non-GAAP EPS, which climbed to $2.55, reflecting a substantial 56% increase from the third quarter of 2024. Adjusted EBITDA, another key performance indicator, also saw significant growth, reaching $104.9 million, up 62% from the previous year.
Furthermore, InterDigital reported that its annualized recurring revenue (ARR) reached an all-time high of $588 million, demonstrating a substantial 49% increase year-over-year.
The breakdown of revenue by type revealed that smartphone revenue increased to $136.4 million, up 56% from the third quarter of 2024. However, revenue from the CE, IoT/auto program decreased by 31% to $28.2 million, while revenue from other sources experienced a significant decline, dropping by 91% to $0.1 million.
Additionally, the company returned capital to shareholders, with $0.1 million allocated to share repurchases and $35.3 million in dividends declared, totaling $35.4 million.
InterDigital's convertible notes due in 2027 were also addressed in the report, with details about the current conversion rate and additional information on the company's call spread transactions.
Today the company's shares have moved 2.79% to a price of $382.87. Check out the company's full 8-K submission here.
