Filing Flows › InterDigital (IDCC) › Q1 2025
InterDigital (IDCC) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 1, 2025
InterDigital (IDCC) reported revenue of $211M for the first quarter 2025 (Q1 2025), -20% from a year earlier and -17% from the quarter before. Operating margin was 62.6%, net earnings $116M (54.9% of revenue).
InterDigital, Q1 2025: revenue $211M (-20% year over year), operating margin 62.6%, net earnings $116M, operating cash flow −$20.0M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $211M | -17% | -20% |
| Operating profit | $132M | -19% | +27% |
| Net earnings | $116M | -13% | +42% |
| Operating cash flow | −$20.0M | — | — |
What changed
Revenue was $210.5M in Q1 2025, down 20% year over year and down 17% from the previous quarter. Smartphone was the largest line at 87% of revenue. CE, IoT/Auto lost $156.3M year over year (down 86%), 295% of the total change.
Operating profit was $131.8M, a 62.6% margin (up 23.3 points year over year). Total costs fell 51% while revenue fell 20%. Net earnings were $115.6M, up 42% year over year. The effective tax rate was 12.6%.
Operating cash flow was −$20.0M. Non-cash charges added back $18.2M of depreciation and amortization and $9.5M of share-based compensation. Working capital and other items used $163.3M. Capital expenditures of $14.5M exceeded it, leaving free cash flow of −$34.5M.
Questions
What was InterDigital's revenue in the first quarter 2025?
InterDigital (IDCC) reported revenue of $211M for the first quarter 2025 (Q1 2025), -20% from a year earlier and -17% from the quarter before.
Was InterDigital profitable in the first quarter 2025?
Operating profit was $132M (62.6% of revenue) and net earnings $116M.
Source: InterDigital 10-Q on SEC EDGAR.