OverviewSuggest Edit

InterDigital (formerly known as InterDigital Communications) is a research and development company that licenses its innovations to the global wireless and consumer electronics industries. It designs and develops immersive experience technology for communications and entertainment products and services. The company conducts video processing, encoding and decoding, artificial intelligence, and display technology research.
TypePublic
Founded1972
HQWilmington, DE, US
Websiteinterdigital.com
Employee Ratings3.9
Overall CultureD

Latest Updates

Employees (est.) (Dec 2020)514(+6%)
Job Openings51
Revenue (FY, 2020)$359 M(+13%)
Share Price (Jan 2022)$69
Cybersecurity ratingAMore
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Key People/Management at InterDigital

Richard J. Brezski

Richard J. Brezski

EVP, Chief Financial Officer
Liren Chen

Liren Chen

President and Chief Executive Officer, Director
Eric Cohen

Eric Cohen

EVP, Chief Strategy and Growth Officer
Michael G. Cortino

Michael G. Cortino

EVP, Chief Information Officer
Melissa Leneis

Melissa Leneis

EVP, Chief Human Resources Officer
Henry Tirri

Henry Tirri

EVP, Chief Technology Officer
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InterDigital Office Locations

InterDigital has offices in Wilmington, Conshohocken, Indianapolis, Los Altos and in 9 other locations
Wilmington, DE, US (HQ)
200 Bellevue Pkwy #300
Conshohocken, PA, US
1001 E Hector St #300
Indianapolis, IN, US
5435 Emerson Way #230
Los Altos, CA, US
4410 El Camino Real #120
New York, NY, US
111 West 33rd Street Suite 1420
Princeton, NJ, US
4 Research Way 3rd Floor
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InterDigital Financials and Metrics

InterDigital Revenue

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InterDigital's revenue was reported to be $358.99 m in FY, 2020 which is a 12.6% increase from the previous period.
USD

Revenue (Q3, 2021)

143.5m

Gross profit (Q3, 2021)

64.8m

Gross profit margin (Q3, 2021), %

45.2%

Net income (Q3, 2021)

25.2m

EBIT (Q3, 2021)

36.8m

Market capitalization (20-Jan-2022)

2.1b

Closing stock price (20-Jan-2022)

69.0

Cash (30-Sept-2021)

467.6m

EV

2.1b
InterDigital's current market capitalization is $2.1 b.
Annual
USDFY, 2018FY, 2019FY, 2020

Revenue

307.4m318.9m359.0m

Revenue growth, %

4%13%

Cost of goods sold

193.8m229.8m254.8m

Gross profit

113.6m89.1m104.2m
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021

Revenue

68.6m75.6m72.5m76.2m104.5m87.5m82.4m87.7m143.5m

Cost of goods sold

54.6m54.4m55.3m58.9m60.8m61.2m59.2m62.8m78.7m

Gross profit

14.1m21.2m17.2m17.3m43.7m26.3m23.2m24.9m64.8m

Gross profit Margin, %

20%28%24%23%42%30%28%28%45%
Annual
USDFY, 2018FY, 2019FY, 2020

Cash

488.7m745.5m473.5m

Accounts Receivable

35.0m28.3m16.0m

Current Assets

1.0b1.0b1.0b

PP&E

10.1m10.2m16.6m
Annual
USDFY, 2018FY, 2019FY, 2020

Net Income

59.5m15.0m37.9m

Depreciation and Amortization

66.1m77.1m81.0m

Accounts Payable

6.2m(638.0k)(2.8m)

Cash From Operating Activities

146.8m89.4m163.5m
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021

Net Income

(4.2m)2.2m3.0m(1.7m)18.9m40.8m4.0m(2.8m)22.4m

Depreciation and Amortization

18.5m37.6m56.9m19.2m40.4m61.0m19.9m39.6m59.0m

Accounts Payable

6.2m(3.1m)(2.5m)(2.5m)(3.6m)(1.7m)(291.0k)(375.0k)2.3m

Cash From Operating Activities

(30.8m)(53.5m)72.0m(26.9m)42.9m144.2m(9.8m)(37.1m)59.2m
USDFY, 2018

EV/EBIT

33.2 x

EV/CFO

14.1 x

Revenue/Employee

788.2k

Debt/Equity

0.3 x

Debt/Assets

0.2 x

Financial Leverage

1.7 x

P/E Ratio

36.7
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InterDigital Operating Metrics

FY, 2014FY, 2015FY, 2016

Patents (Foreign)

10.6 k10.9 k12.1 k

Patents (US)

1.7 k2.2 k2.3 k

Patents Pending (Foreign)

7 k6.1 k4.5 k

Patents Pending (US)

1.2 k1.2 k1.3 k
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InterDigital Acquisitions / Subsidiaries

Company NameDateDeal Size
Hillcrest LabsDecember 20, 2016
6GWorld, Inc.
Chordant Europe Ltd.
Chordant France SASU
Chordant, Inc.
DRNC Holdings, Inc.
DST Holdings, Inc.
IDAC Holdings, Inc.
IDHL Holdings, Inc.
IDLR Holdings, Inc.
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InterDigital Revenue Breakdown

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InterDigital revenue breakdown by business segment: 96.6% from Patent Licensing Royalties and 3.4% from Other

InterDigital revenue breakdown by geographic segment: 31.1% from South Korea, 6.6% from Japan, 35.7% from United States, 17.6% from China and 9.0% from Other

InterDigital Cybersecurity Score

Cybersecurity ratingPremium dataset

A

92/100

SecurityScorecard logo

InterDigital Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

40-49

out of 100

CSRHub logo

InterDigital Online and Social Media Presence

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InterDigital Company Culture

  • Overall Culture

    D

    61/100

  • CEO Rating

    F

    50/100

  • Compensation

    A

    88/100

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InterDigital News and Updates

InterDigital Announces Date for Fourth Quarter and Full Year 2021 Financial Results

WILMINGTON, Del., Jan. 19, 2022 (GLOBE NEWSWIRE) -- InterDigital, Inc. (NASDAQ:IDCC), a mobile and video technology research and development company, today announced that the company will release its fourth quarter and full year 2021 financial results before market open on Thursday, February 17, 2…

InterDigital Extends Term of Joint Venture and Renews Patent License Agreement with Sony Corporation of America

WILMINGTON, Del., Jan. 10, 2022 (GLOBE NEWSWIRE) -- InterDigital, Inc. (NASDAQ:IDCC), a mobile and video technology research and development company, today announced an extension of its business partnership and renewal of its patent license with Sony Corporation of America.

InterDigital to Present at the 24th Annual Needham Virtual Growth Conference

WILMINGTON, Del., Jan. 06, 2022 (GLOBE NEWSWIRE) -- InterDigital, Inc. (NASDAQ:IDCC), a mobile and video technology research and development company, today announced that the company will be presenting at the 24th Annual Needham Virtual Growth Conference on Thursday, January 13th, 2022, at 5:00 PM…

InterDigital, Technical University of Munich, and Interhaptics Technologies Tapped for New MPEG Haptics Standard

Selected technologies lay critical foundation for emerging haptics market Selected technologies lay critical foundation for emerging haptics market

InterDigital’s Alain Mourad Appointed to Wireless World Research Forum (WWRF) Steering Board

InterDigital, Inc. (NASDAQ: IDCC), today announced that Alain Mourad, Research and Innovation Head of Future Wireless Europe, has been appointed to serve on the Wireless World Research Forum (WWRF) 2022 Steering Board.

InterDigital Board of Directors Declares Regular Quarterly Cash Dividend

InterDigital, Inc. (NASDAQ:IDCC), a mobile and video technology research and development company, today announced that its Board of Directors has declared a regular quarterly cash dividend of $0.35 per share on its common stock, payable on January 26, 2022, to shareholders of record at the close of …
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InterDigital Blogs

EDITORIAL: Address digital baseband to unlock THz communications for 6G

Drawing from pioneering research from the EPIC project, InterDigital’s Onur Sahin details in Embedded.com why the digital baseband is a critical component to unlock THz communications, and how this research lays a foundation for achieving the potential of 6G. In his editorial, Onur explains that the…

AI and Machine Learning in the Video Industry: New opportunities for the entertainment sector

AI will become an essential part of our lives in the next few years, with the promise of delivering super-intelligent computers that exceed human analytical abilities. This is, however, several years away; indeed, the industry has only just embarked upon understanding what’s possible.  Arguably the …

Open RAN: The Long Journey from Supporting Act to Lead Role

Open radio access network (Open RAN) technology has emerged as an important focus for the mobile industry over the past 18 months. Its rapid rise to prominence reflects strong interest from many mobile carriers seeking to reduce their reliance on a very small number of traditional technology supplie…

5G Edge Pilot for Industry 4.0 Applications

The InterDigital pilot demonstrates Industry 4.0 applications, such as the detection and disposal of defective products on an assembly line or the remote navigation of a vehicle within a factory. These applications are hosted at the Edge due to their low latency requirements and use a 5G network to …

MIV: The MPEG “Metadata for Immersive Video” Distribution Format

Volumetric Video enables users to experience the sensation of depth and parallax both with synthetic and real content. Unlike flat 2D video experiences, volumetric video is much larger and cannot be streamed with current codecs. InterDigital’s contributed work on the MPEG Metadata for Immersive Vide…

Zero Defect Manufacturing with Edge Computing and 5G Connectivity

InterDigital’s Zero Defect Manufacturing with Edge Computing and 5G Connectivity solution demonstrates the feasibility and readiness of 5G and edge to support emerging industrial use cases and establishes a benchmark of high performance to pave the way for further advancements. The solution addresse…
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InterDigital Frequently Asked Questions

  • When was InterDigital founded?

    InterDigital was founded in 1972.

  • Who are InterDigital key executives?

    InterDigital's key executives are Richard J. Brezski, Liren Chen and Eric Cohen.

  • How many employees does InterDigital have?

    InterDigital has 514 employees.

  • What is InterDigital revenue?

    Latest InterDigital annual revenue is $359 m.

  • What is InterDigital revenue per employee?

    Latest InterDigital revenue per employee is $698.4 k.

  • Who are InterDigital competitors?

    Competitors of InterDigital include Inventergy, Netgear and Inseego.

  • Where is InterDigital headquarters?

    InterDigital headquarters is located at 200 Bellevue Pkwy #300, Wilmington.

  • Where are InterDigital offices?

    InterDigital has offices in Wilmington, Conshohocken, Indianapolis, Los Altos and in 9 other locations.

  • How many offices does InterDigital have?

    InterDigital has 13 offices.