---
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"
generated_at: "2026-06-19T10:56:54.528105+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# InterDigital Q4 EPS $1.08 (+54% YoY); FY2022 record recurring revenue $403.9M (+15%)

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001405495-23-000010
- JSON: https://secwatch.observer/filing/0001405495-23-000010.json
- Plain text: https://secwatch.observer/filing/0001405495-23-000010.txt

## Key facts
- Earnings Releases
  InterDigital, Inc. reported Full Year 2022 results: revenue $457.8 million, net income $93.7 million, EPS $3.07. Guidance initiated.
  - Period: Full Year 2022
  - Revenue: $457.8 million
  - Net income: $93.7 million
  - EPS: $3.07
  - Guidance: initiated
  - Result: reported results
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1405495/000140549523000010/0001405495-23-000010-index.htm
- Earnings Releases
  InterDigital, Inc. reported Fourth Quarter 2022 results: revenue $117.1 million, net income $32.4 million, EPS $1.08. Guidance initiated.
  - Period: Fourth Quarter 2022
  - Revenue: $117.1 million
  - Net income: $32.4 million
  - EPS: $1.08
  - Guidance: initiated
  - Result: reported results
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1405495/000140549523000010/0001405495-23-000010-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.