InterDigital Raises Q3 Outlook After Chinese Smartphone Deal, Expects Q3 Revenue Of $155M-$159M (Prior $136M-$140M) Vs $145.73M Est, Adj EPS Of $2.08-$2.27 (Prior $1.52-$1.72) Vs $1.29 Est

Author: Benzinga Newsdesk | September 22, 2025 03:38am

InterDigital, Inc. (NASDAQ:IDCC), a mobile, video and AI technology research and development company, today announced that it has signed a new license agreement with a major Chinese smartphone vendor and has raised its outlook for third quarter 2025.

"This new license agreement, which was concluded through amicable negotiation, adds another major smartphone player to our customer base and increases our projected annualized recurring revenue (ARR) by approximately $26 million to a record $579 million," commented Liren Chen, CEO and President, InterDigital. "Following our $1 billion deal with Samsung, we continue our track record of strong execution across the business and delivering long-term shareholder value."

Along with InterDigital's agreements with Apple, Samsung, Xiaomi, OPPO and vivo, the company now has eight of the ten largest smartphone vendors and approximately 85% of the entire global smartphone market under license.

Near-Term Outlook

The table below presents the company's current and prior outlook for the third quarter 2025. The outlook covers existing licenses signed as of the time of this release and does not include any new agreements or enforcement actions that we may sign or receive over the balance of the third quarter. 

	Third Quarter 2025
(in millions, except per share data)	Current	Prior
Revenue	$155 - $159	$136 - $140
Adjusted EBITDA	$91 - $97	$69 - $75
Diluted EPS	$1.39 - $1.56	$0.94 - $1.11
Non-GAAP EPS	$2.08 - $2.27	$1.52 - $1.72

Posted In: IDCC