---
schema_version: "secwatch.filing_event.v1"
accession: "0001405495-23-000034"
form_type: "8-K"
ticker: "IDCC"
cik: "0001405495"
company_name: "InterDigital, Inc."
filed_at: "2023-08-03T23:59:59+00:00"
generated_at: "2026-06-12T07:41:39.948735+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# InterDigital Q2 revenue falls 19%; UK court awards $184.9M Lenovo license boost

## Summary
- Q2 revenue $101.6M (-19% YoY); recurring revenue $99.1M (-1%).
- GAAP net income $21.8M, diluted EPS $0.79 (+14%).
- UK High Court increased Lenovo license award to $184.9M; cash balance ~$1B.
- Q3 guidance: revenue $97-100M, Adj. EBITDA $47-50M, non-GAAP EPS $1.10-$1.20.
- Repurchased $42.5M in shares during Q2; maintains strong capital return program.

## SEC filing metadata
- accession: 0001405495-23-000034
- form_type: 8-K
- ticker: IDCC
- cik: 0001405495
- company_name: InterDigital, Inc.
- filed_at: 2023-08-03T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1405495/000140549523000034/0001405495-23-000034-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1405495/000140549523000034/idcc-20230803.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001405495-23-000034
- JSON: https://secwatch.observer/filing/0001405495-23-000034.json
- Plain text: https://secwatch.observer/filing/0001405495-23-000034.txt

## Key facts
- Earnings Releases
  InterDigital, Inc. reported the quarter ended June 30, 2023 results: revenue $101.6 million, net income $21.8 million, EPS $0.79.
  - Period: the quarter ended June 30, 2023
  - Revenue: $101.6 million
  - Net income: $21.8 million
  - EPS: $0.79
  - Result: reported results
  source text: our recent progress and deliver considerable value to our shareholders." Second Quarter 2023 Financial Highlights, as compared to Second Quarter 2022: GAAP • Total revenue was $101.6 million. This was 19% lower due to catch-up revenues that were recognized in second quarter 2022 from two previously announced license agreements. • Recurring revenue was $99.1 million
  evidence_url: https://www.sec.gov/Archives/edgar/data/1405495/000140549523000034/0001405495-23-000034-index.htm

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