---
schema_version: "secwatch.filing_event.v1"
accession: "0001405495-24-000071"
form_type: "8-K"
ticker: "IDCC"
cik: "0001405495"
company_name: "InterDigital, Inc."
filed_at: "2024-05-02T23:59:59+00:00"
generated_at: "2026-06-03T00:15:10.931560+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# InterDigital Q1 revenue up 30% to $263.5M; net income down 22% on higher costs

## Summary
- Revenue $263.5M (+30% YoY) driven by record CE/IoT licensing and $166.7M catch-up revenue.
- GAAP diluted EPS $2.88 vs $3.58 YoY; non-GAAP EPS $3.58 vs $4.21.
- CE, IoT/Auto revenue surged to $182.5M (from $16.1M) driven by Samsung agreement.
- Reaffirmed FY2024 revenue guidance $620M-$670M; Q2 outlook $93M-$97M.
- Returned $39.2M to shareholders: $29M buybacks, $10.2M dividends.

## SEC filing metadata
- accession: 0001405495-24-000071
- form_type: 8-K
- ticker: IDCC
- cik: 0001405495
- company_name: InterDigital, Inc.
- filed_at: 2024-05-02T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1405495/000140549524000071/0001405495-24-000071-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1405495/000140549524000071/idcc-20240502.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001405495-24-000071
- JSON: https://secwatch.observer/filing/0001405495-24-000071.json
- Plain text: https://secwatch.observer/filing/0001405495-24-000071.txt

## Key facts
- Earnings Releases
  InterDigital, Inc. reported the quarter ended March 31, 2024 results: revenue $263.5, net income $81.7, EPS $2.88. Guidance reaffirmed.
  - Period: the quarter ended March 31, 2024
  - Revenue: $263.5
  - Net income: $81.7
  - EPS: $2.88
  - Guidance: reaffirmed
  - Result: reported results
  source text: Quarter 2024 Financial Highlights, as compared to First Quarter 2023: Three Months Ended March 31, (in millions, except per share data) 2024 2023 Change GAAP Results: Revenues $263.5 $202.4 30% Operating Expenses (a) $159.8 $83.1 92% Net income 1 $81.7 $105.3 (22)% Net income 1 margin 31% 52% (21) ppt Diluted EPS 1 $2.88 $3.58 (20)% Non-GAAP Results: Adjusted
  evidence_url: https://www.sec.gov/Archives/edgar/data/1405495/000140549524000071/0001405495-24-000071-index.htm

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