InterDigital releases transcript of Q1 2026 earnings call
PUBT·05/04/2026 21:08:59
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- InterDigital Q1 2026 earnings call transcript covered results and outlook; attended by President and CEO Liren Chen, CFO Richard Brezski, VP Investor Relations Raiford Garrabrant; analysts from William Blair, Sidoti, ROTH Capital.
- Q1 revenue USD 205 million, above guidance of USD 194 million to USD 200 million; included USD 64 million catch-up revenue; ARR USD 567 million, up 13% year over year, including record smartphone ARR of USD 492 million.
- Adjusted EBITDA USD 112 million, above guidance of USD 101 million to USD 110 million; GAAP diluted EPS 2.14, above guidance of 1.61 to 1.86; non-GAAP EPS 2.57.
- Management highlighted smartphone licensing momentum, citing Xiaomi renewal and eight of top 10 global smartphone makers under license covering about 85% of market; CEO flagged remaining unlicensed customers as next step, with top three vendors licensed through end of decade.
- CEO outlined streaming enforcement progress, citing five injunction wins against Disney in Brazil and Germany tied to HEVC-related patents, with more cases headed to trial in coming months; guidance for Q2 revenue from existing contracts set at USD 139 million to USD 143 million.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. InterDigital Inc. published the original content used to generate this news brief on May 04, 2026, and is solely responsible for the information contained therein.
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