secwatch / observer

InterDigital, Inc. — fact timeline

Source-grounded facts extracted from InterDigital, Inc.'s SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.

IDCC InterDigital, Inc. JSON
Governance Changes

InterDigital, Inc.: Shareholders approved amendment to Bylaws to provide for officer exculpation under Pennsylvania law (effective 2026-06-10).

“At the Annual Meeting of Shareholders of InterDigital, Inc. (the “Company”) held on June 10, 2026 (the “2026 Annual Meeting”), following the approval and recommendation of the Board, the Company’s shareholders approved a proposed amendment to the Company’s Amended and Restated Bylaws (the “Bylaws”), to provide for exculpation of the Company’s officers pursuant to Section 1735 of the Pennsylvania Business Corporation Law.”
Shareholder Votes

InterDigital, Inc. shareholders approved Ratification of appointment of PricewaterhouseCoopers LLP as independent auditor.

“The matters voted on at the 2026 Annual Meeting and the voting results for each matter are set forth below. (i) The following individuals were elected as directors of the Company to serve a one-year term until the Company’s annual meeting of shareholders in 2027 and until his or her successor is elected and qualified as follows: NAME FOR AGAINST ABSTAIN BROKER NON-VOTE Derek Aberle 20,584,219 35,774 35,293 2,651,275 Samir Armaly 20,285,376 334,632 35,278 2,651,275 Lawrence (Liren) Chen 20,533,064 87,303 34,919 2,651,275 Joan H. Gillman 20,096,361 530,268 28,657 2,651,275 S. Douglas Hutcheson 20,306,251 313,156 35,879 2,651,275 John A. Kritzmacher 19,950,795 669,291 35,200 2,651,275 John D. Markley, Jr. 18,864,477 1,755,864 34,945 2,651,275 Jean F. Rankin 20,139,753 490,717 24,816 2,651,275 (ii) Shareholders voted on the approval of the Bylaws amendment to allow for officer exculpation as permitted by Pennsylvania law. FOR AGAINST ABSTAIN BROKER NON-VOTE 19,145,023 1,445,959 64,304 2,65”
Shareholder Votes

InterDigital, Inc. shareholders approved Advisory resolution to approve executive compensation.

“The matters voted on at the 2026 Annual Meeting and the voting results for each matter are set forth below. (i) The following individuals were elected as directors of the Company to serve a one-year term until the Company’s annual meeting of shareholders in 2027 and until his or her successor is elected and qualified as follows: NAME FOR AGAINST ABSTAIN BROKER NON-VOTE Derek Aberle 20,584,219 35,774 35,293 2,651,275 Samir Armaly 20,285,376 334,632 35,278 2,651,275 Lawrence (Liren) Chen 20,533,064 87,303 34,919 2,651,275 Joan H. Gillman 20,096,361 530,268 28,657 2,651,275 S. Douglas Hutcheson 20,306,251 313,156 35,879 2,651,275 John A. Kritzmacher 19,950,795 669,291 35,200 2,651,275 John D. Markley, Jr. 18,864,477 1,755,864 34,945 2,651,275 Jean F. Rankin 20,139,753 490,717 24,816 2,651,275 (ii) Shareholders voted on the approval of the Bylaws amendment to allow for officer exculpation as permitted by Pennsylvania law. FOR AGAINST ABSTAIN BROKER NON-VOTE 19,145,023 1,445,959 64,304 2,65”
Shareholder Votes

InterDigital, Inc. shareholders approved Approval of Bylaws amendment to allow for officer exculpation.

“The matters voted on at the 2026 Annual Meeting and the voting results for each matter are set forth below. (i) The following individuals were elected as directors of the Company to serve a one-year term until the Company’s annual meeting of shareholders in 2027 and until his or her successor is elected and qualified as follows: NAME FOR AGAINST ABSTAIN BROKER NON-VOTE Derek Aberle 20,584,219 35,774 35,293 2,651,275 Samir Armaly 20,285,376 334,632 35,278 2,651,275 Lawrence (Liren) Chen 20,533,064 87,303 34,919 2,651,275 Joan H. Gillman 20,096,361 530,268 28,657 2,651,275 S. Douglas Hutcheson 20,306,251 313,156 35,879 2,651,275 John A. Kritzmacher 19,950,795 669,291 35,200 2,651,275 John D. Markley, Jr. 18,864,477 1,755,864 34,945 2,651,275 Jean F. Rankin 20,139,753 490,717 24,816 2,651,275 (ii) Shareholders voted on the approval of the Bylaws amendment to allow for officer exculpation as permitted by Pennsylvania law. FOR AGAINST ABSTAIN BROKER NON-VOTE 19,145,023 1,445,959 64,304 2,65”
Shareholder Votes

InterDigital, Inc. shareholders approved Election of Directors.

“The matters voted on at the 2026 Annual Meeting and the voting results for each matter are set forth below. (i) The following individuals were elected as directors of the Company to serve a one-year term until the Company’s annual meeting of shareholders in 2027 and until his or her successor is elected and qualified as follows: NAME FOR AGAINST ABSTAIN BROKER NON-VOTE Derek Aberle 20,584,219 35,774 35,293 2,651,275 Samir Armaly 20,285,376 334,632 35,278 2,651,275 Lawrence (Liren) Chen 20,533,064 87,303 34,919 2,651,275 Joan H. Gillman 20,096,361 530,268 28,657 2,651,275 S. Douglas Hutcheson 20,306,251 313,156 35,879 2,651,275 John A. Kritzmacher 19,950,795 669,291 35,200 2,651,275 John D. Markley, Jr. 18,864,477 1,755,864 34,945 2,651,275 Jean F. Rankin 20,139,753 490,717 24,816 2,651,275 (ii) Shareholders voted on the approval of the Bylaws amendment to allow for officer exculpation as permitted by Pennsylvania law. FOR AGAINST ABSTAIN BROKER NON-VOTE 19,145,023 1,445,959 64,304 2,65”
Earnings Releases

InterDigital, Inc. reported first quarter 2026 results: revenue $205.4, net income $75.3, EPS $2.14. Guidance reaffirmed.

“agreement and an increase in intellectual property enforcement costs. Three Months Ended March 31, ($ in millions, except per share data) 2026 2025 Change GAAP Results: Revenue $205.4 $210.5 (2)% Operating expenses $123.2 $78.7 57% Net income $75.3 $115.6 (35)% Net income margin 37% 55% (18) ppt Diluted EPS $2.14 $3.45 (38)% Non-GAAP Results: Adjusted EBITDA 1”

Eeva Hakoranta departed as Chief Licensing Officer at InterDigital, Inc..

“Effective April 4, 2025, Eeva Hakoranta will no longer be serving as Chief Licensing Officer.”

Dr. Pierre-Yves Lesaicherre resigned as director at InterDigital, Inc..

“On June 17, 2024, Dr. Pierre-Yves Lesaicherre delivered notice of his resignation as a director from the Board of Directors of InterDigital, Inc. (the “Company”), and all committees thereof, due to personal reasons.”
Earnings Releases

InterDigital, Inc. reported the quarter ended March 31, 2024 results: revenue $263.5, net income $81.7, EPS $2.88. Guidance reaffirmed.

“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”
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.

“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”
Earnings Releases

InterDigital, Inc. reported first quarter 2024 results: revenue $245 to $255 million, net income $70 to $85 million, EPS $2.50 to $3.00 per diluted share. Guidance initiated.

“earnings per share 3 is expected to be approximately $1.34, above the previous expectation of $1.17 to $1.29. Q1 2024 Outlook • Total revenue is expected to be in the range of $245 to $255 million, including approximately $152 to $160 million of catch-up sales. • Operating expenses are expected to be in the range of $146 to $154 million, including revenue”
Earnings Releases

InterDigital, Inc. reported the quarter ended December 31, 2023 results: revenue approximately $105 million, net income approximately $34 million, EPS approximately $1.20.

“for the quarter ended December 31, 2023, and an initial outlook for first quarter 2024. Q4 2023 Preliminary Results GAAP • The company expects total revenue to be approximately $105 million, comprised primarily of recurring revenue and in line with prior guidance. • The company expects operating expenses to be approximately $81 million, updated from its previous”
Earnings Releases

InterDigital, Inc. reported the quarter ended September 30, 2023 results: revenue $140.1 million, net income $47.9 million, EPS $1.72.

“leadership, we believe the company has never been in a stronger position." Third Quarter 2023 Financial Highlights, as compared to Third Quarter 2022: GAAP • Total revenue was $140.1 million and increased 22% primarily due to catch-up revenues from two new patent license agreements signed in third quarter 2023. • Smartphone revenue was $104.3 million and increased”
Earnings Releases

InterDigital, Inc. reported the quarter ended June 30, 2023 results: revenue $101.6 million, net income $21.8 million, EPS $0.79.

“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”

Eric Cohen departed as Chief Strategy & Growth Officer at InterDigital, Inc..

“Effective July 31, 2023, Mr. Eric Cohen will no longer be serving as Chief Strategy & Growth Officer of InterDigital, Inc. (the “Company”) .”
Shareholder Votes

InterDigital, Inc. shareholders approved Ratification of PricewaterhouseCoopers LLP as independent registered public accounting firm at the 2023-06-07 meeting.

“Shareholders ratified the appointment of PricewaterhouseCoopers LLP as the Company’s independent registered public accounting firm for the year ending December 31, 2023 as follows: Votes For Votes Against Abstentions 22,818,784 256,104 35,127”
Shareholder Votes

InterDigital, Inc. shareholders approved Advisory resolution on the frequency of future advisory votes on executive compensation at the 2023-06-07 meeting.

“Shareholders voted on the advisory resolution of the frequency of future advisory votes on executive compensation as follows: One Year Two Years Three Years Abstentions Broker Non-Votes 18,271,528 95,247 1,504,594 55,967 3,182,679”
Shareholder Votes

InterDigital, Inc. shareholders approved Advisory resolution to approve executive compensation at the 2023-06-07 meeting.

“Shareholders passed an advisory resolution to approve the Company’s executive compensation as reported in the Company’s 2023 proxy statement as follows: Votes For Votes Against Abstentions Broker Non-Votes 19,429,622 452,578 45,136 3,182,679”
Shareholder Votes

InterDigital, Inc. shareholders approved Election of Directors at the 2023-06-07 meeting.

“The following individuals were elected as directors of the Company to serve a one-year term until the Company’s annual meeting of shareholders in 2024 and until his or her successor is elected and qualified as follows: Votes For Votes Against Abstentions Broker Non-Votes Derek Aberle 19,451,060 440,505 35,771 3,182,679 Samir Armaly 19,463,528 430,113 33,695 3,182,679 Lawrence (Liren) Chen 19,617,323 276,357 33,656 3,182,679 Joan H. Gillman 19,428,867 475,898 22,571 3,182,679 S. Douglas Hutcheson 19,389,926 503,924 33,486 3,182,679 John A. Kritzmacher 18,855,753 1,035,995 35,588 3,182,679 Pierre-Yves Lesaicherre 19,621,570 272,079 33,687 3,182,679 John D. Markley, Jr. 17,220,580 2,671,416 35,340 3,182,679 Jean F. Rankin 18,924,648 981,408 21,280 3,182,679”
Earnings Releases

InterDigital, Inc. reported the quarter ended March 31, 2023 results: revenue $202.4 million, net income $105.3 million, EPS $3.58. Guidance initiated.

“2023 and provide a strong recurring revenue base well into the future." First Quarter 2023 Financial Highlights, as compared to First Quarter 2022: GAAP • Total revenue was $202.4 million and increased 100%. The increase was driven by the recent Lenovo judgement. • Recurring revenue was $101.6 million and increased 2%. • Operating expenses were $83.1 million and”
Earnings Releases

InterDigital, Inc. reported Full Year 2022 results: revenue $457.8 million, net income $93.7 million, EPS $3.07. Guidance initiated.

“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%.”
Earnings Releases

InterDigital, Inc. reported Fourth Quarter 2022 results: revenue $117.1 million, net income $32.4 million, EPS $1.08. Guidance initiated.

“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%.”
Earnings Releases

InterDigital, Inc. reported quarter ended December 31, 2022 results: revenue approximately $114 million, net income approximately $28 million, EPS $0.93 per diluted share.

“today announced selected and unaudited preliminary financial results for the quarter ended December 31, 2022. ● The company expects total revenue to be approximately $114 million, including recurring revenue of $101 million. The update from the company’s prior expectation of $98 to $102 million is driven primarily by new agreements signed in the second”
Earnings Releases

InterDigital, Inc. reported the quarter ended September 30, 2022 results: revenue $114.8 million, net income $22.2 million, EPS $0.74 per diluted share. Guidance reaffirmed.

“opportunities in licensing both devices and services.” Third Quarter 2022 Financial Highlights • Total revenue, which includes both recurring and non-recurring revenue, of $114.8 million decreased 20% from $143.5 million in third quarter 2021 primarily due to $50.1 million of non-recurring revenues in third quarter 2021. • Recurring revenue increased 8% to $101.0”

Derek Aberle was appointed as director at InterDigital, Inc..

“On August 29, 2022 and effective as of September 8, 2022, the board of directors (the “Board”) of InterDigital, Inc., a Pennsylvania corporation (the “Company”), appointed Mr. Derek Aberle, Co-founder and Executive Vice Chairman of XCOM Labs, as a director to fill a newly created vacancy on the Board”

Henry Tirri departed as Chief Technology Officer at InterDigital, Inc..

“replacing Dr. Henry Tirri, who is stepping down from his role as CTO as of such date.”

Rajesh Pankaj was appointed as Chief Technology Officer at InterDigital, Inc..

“On June 17, 2022, InterDigital, Inc. (the “Company”) appointed industry veteran Dr. Rajesh Pankaj as Chief Technology Officer (“CTO”) of the Company, effective July 5, 2022”

Joshua D. Schmidt was appointed as Chief Legal Officer and Corporate Secretary at InterDigital, Inc..

“INTERDIGITAL, INC. By: /s/ Joshua D. Schmidt Joshua D. Schmidt Chief Legal Officer and Corporate Secretary Date: October 19, 2021”

Richard L. Gulino retired as Chief Legal Officer, General Counsel and Corporate Secretary at InterDigital, Inc..

“On October 15, 2021, Richard L. Gulino, Chief Legal Officer, General Counsel and Corporate Secretary of InterDigital, Inc. (the “Company”), notified the Board of Directors of the Company of his intent to retire from his current position effective October 19, 2021.”

Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.