InterDigital Q2 FY26 diluted EPS falls 36% to $3.40; revenue drops 13% to $260.2 million
IDCC•Q2 results and outlook
- InterDigital Q2 2026 revenue fell 13% to $260.2 million; GAAP net income dropped 36% to $116.4 million.
- GAAP diluted EPS declined 36% to $3.40; net income margin narrowed 15 percentage points to 45%.
- Non-GAAP adjusted EBITDA slid 22% to $184.1 million; operating expenses rose 27% to $120.9 million on higher IP enforcement costs.
- Annualized recurring revenue climbed 13% to a record $625.7 million; Q2 included $103.7 million of catch-up revenue.
- Raised full-year 2026 revenue outlook to $775 million-$845 million; reached an agreement with Amazon covering services and devices, with terms set by arbitration.
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