InterDigital, Inc. (IDCC)

NYSE · Broad Market

Latest Move · 2026-02-24

+4.22%
Rides broad tech rally higher as post-earnings volatility pattern continues

InterDigital (IDCC) rose 4.2% following the announcement on February 17 that the company signed a new patent license agreement with Sony. The agreement covers all of Sony's end-user devices under InterDigital's global patent portfolio, including standard essential cellular, WiFi, and video patents. The stock movement also reflects the company's full year 2025 financial results released on February 5. InterDigital reported near-record annual revenue of $834.0 million, including record smartphone revenue of $678.9 million. The company achieved a 24% year-over-year increase in annualized recurring revenue, reaching $582.4 million. Full year 2025 GAAP EPS was $11.80 and non-GAAP EPS reached $15.31. The company also reported record net income of $406.6 million and record adjusted EBITDA of $588.9 million.

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Previous Move

-1.82%
Continues post-earnings chop as tech sector weakens and volatility persists
2026-02-23

Frequently Asked Questions

Why did InterDigital, Inc. stock move today?

InterDigital (IDCC) rose 4.2% following the announcement on February 17 that the company signed a new patent license agreement with Sony. The agreement covers all of Sony's end-user devices under InterDigital's global patent portfolio, including standard essential cellular, WiFi, and video patents. The stock movement also reflects the company's full year 2025 financial results released on February 5. InterDigital reported near-record annual revenue of $834.0 million, including record smartphone revenue of $678.9 million. The company achieved a 24% year-over-year increase in annualized recurring revenue, reaching $582.4 million. Full year 2025 GAAP EPS was $11.80 and non-GAAP EPS reached $15.31. The company also reported record net income of $406.6 million and record adjusted EBITDA of $588.9 million.

What does InterDigital, Inc. do?

InterDigital is a technology R&D company that earns revenue primarily by licensing its extensive patent portfolio in wireless communications (5G/4G/Wi-Fi), video compression, and AI to major electronics and media companies — and litigating when they refuse to pay. The company reported near-record 2025 revenues of $834 million with a 24% increase in annualized recurring revenue, driven by landmark deals with Samsung, vivo, Sony, and HP. Its stock has been exceptionally volatile since the February 5 earnings beat, with daily swings of 3-10% becoming routine as investors digest the results alongside ongoing patent enforcement actions against Hisense, TCL, and Disney.

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