{"schema_version":"secwatch.filing_event.v1","accession":"0001405495-23-000010","form_type":"8-K","ticker":"IDCC","cik":"0001405495","company_name":"InterDigital, Inc.","filed_at":"2023-02-15T23:59:59+00:00","discovered_at":"2026-05-14T18:03:44.784892+00:00","generated_at":"2026-06-19T10:56:54.528105+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"InterDigital Q4 EPS $1.08 (+54% YoY); FY2022 record recurring revenue $403.9M (+15%)","bullets":["Q4 2022 total revenue $117.1M (+5% YoY); net income $32.4M (+48%), diluted EPS $1.08 (+54%).","FY2022 total revenue $457.8M (+8%); recurring revenue $403.9M (+15%); CE/IoT/Auto revenue $103.5M (+51%).","FY2022 adjusted EBITDA $254.5M (+22%); net income $93.7M (+69%), diluted EPS $3.07 (+73%).","Q1 2023 outlook: recurring revenue $94-98M; operating expenses $75-79M; effective tax rate ~25%.","CEO cites record results, Samsung binding arbitration for new license, and momentum in CE/IoT/Auto."],"urls":{"canonical":"https://secwatch.observer/filing/0001405495-23-000010","json":"https://secwatch.observer/filing/0001405495-23-000010.json","markdown":"https://secwatch.observer/filing/0001405495-23-000010.md","text":"https://secwatch.observer/filing/0001405495-23-000010.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1405495/000140549523000010/0001405495-23-000010-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1405495/000140549523000010/idcc-20230215.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-19T10:56:54.528105+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"2ef3b37b5f57f270883c60a1864e1200eb87f010","claim":"InterDigital, Inc. reported Full Year 2022 results: revenue $457.8 million, net income $93.7 million, EPS $3.07. Guidance initiated.","evidence_excerpt":"Full Year 2022 Financial Highlights, as compared to Full Year 2021: • Total revenue was $457.8 million and increased 8%. Total Smartphone revenue of $353.2 million was flat, while CE, IoT/Auto revenue was $103.5 million and increased 51%. • Recurring revenue was $403.9 million and increased 15%. Smartphone recurring revenue was $351.1 million, and increased 11%, and CE, IoT/Auto recurring revenue was $51.7 million and increased 63%. • Operating expenses were $307.3 million and decreased 13%. The decrease was primarily driven by cost-savings actions the company initiated in 2021 and reduction of the related non-recurring costs. • Net income 1 was $93.7 million and increased 69%. • Diluted earnings per share was $3.07 and increased 73%.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1405495/000140549523000010/0001405495-23-000010-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"Full Year 2022"},{"label":"Revenue","value":"$457.8 million"},{"label":"Net income","value":"$93.7 million"},{"label":"EPS","value":"$3.07"},{"label":"Guidance","value":"initiated"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"726fbfaa08a68b4940081678b4f35a2992e6fade","claim":"InterDigital, Inc. reported Fourth Quarter 2022 results: revenue $117.1 million, net income $32.4 million, EPS $1.08. Guidance initiated.","evidence_excerpt":"Fourth Quarter 2022 Financial Highlights, as compared to Fourth Quarter 2021: • Total revenue was $117.1 million and increased 5%. • Recurring revenue was $103.6 million and increased 2%. • Operating expenses were $78.5 million and decreased 9%. The decrease was primarily driven by a reduction of non-recurring costs from restructuring activities. • Net income 1 was $32.4 million and increased 48%. • Diluted earnings per share was $1.08 and increased 54%.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1405495/000140549523000010/0001405495-23-000010-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"Fourth Quarter 2022"},{"label":"Revenue","value":"$117.1 million"},{"label":"Net income","value":"$32.4 million"},{"label":"EPS","value":"$1.08"},{"label":"Guidance","value":"initiated"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}