---
schema_version: "secwatch.filing_event.v1"
accession: "0001405495-24-000051"
form_type: "8-K"
ticker: "IDCC"
cik: "0001405495"
company_name: "InterDigital, Inc."
filed_at: "2024-02-15T23:59:59+00:00"
generated_at: "2026-06-06T00:59:36.781549+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# InterDigital FY23 revenue up 20% to $549.6M, net income $214.1M; guides FY24 rev $620-670M

## Summary
- FY23 GAAP EPS $7.62 vs. $3.07 in FY22; non-GAAP EPS $9.23 vs. $5.08.
- Record return of capital of $379M in FY23, including $339.7M in share repurchases.
- Q4 revenue $105.5M, down 10% YoY; Q4 GAAP EPS $1.41 vs. $1.08.
- Landmark Samsung TV video IP license signed; revenue expected in FY24 guidance.
- FY24 revenue guidance $620-670M; Q1 2024 revenue outlook $245-255M.

## SEC filing metadata
- accession: 0001405495-24-000051
- form_type: 8-K
- ticker: IDCC
- cik: 0001405495
- company_name: InterDigital, Inc.
- filed_at: 2024-02-15T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1405495/000140549524000051/0001405495-24-000051-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1405495/000140549524000051/idcc-20240215.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001405495-24-000051
- JSON: https://secwatch.observer/filing/0001405495-24-000051.json
- Plain text: https://secwatch.observer/filing/0001405495-24-000051.txt

## Key facts
- Earnings Releases
  InterDigital, Inc. reported the fourth quarter and full year ended December 31, 2023 results: revenue $105.5, net income $39.1, EPS $1.41. Guidance initiated.
  - Period: the fourth quarter and full year ended December 31, 2023
  - Revenue: $105.5
  - Net income: $39.1
  - EPS: $1.41
  - Guidance: initiated
  - Result: reported results
  source text: Year 2023 Results Three Months Ended December 31, Twelve Months Ended December 31, (in millions, except per share data) 2023 2022 Change 2023 2022 Change GAAP Results: Revenues $105.5 $117.1 (10)% $549.6 $457.8 20% Operating Expenses $80.2 $78.5 2% $328.0 $307.3 7% Net income 1 $39.1 $32.4 21% $214.1 $93.7 128% Net income 1 margin 37% 28% 9 ppt 39% 20% 19 ppt
  evidence_url: https://www.sec.gov/Archives/edgar/data/1405495/000140549524000051/0001405495-24-000051-index.htm

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