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InterDigital’s $193 Million Revenue Quarter: A 68% EBITDA Margin Powerhouse!

InterDigital, Inc. reported third-quarter 2026 results reflecting continued growth across its licensing programs, driven by successful new license agreements and ongoing enforcement actions. Total revenue reached $193 million, marking a 17% increase year over year and surpassing the top end of the company’s guidance. Adjusted EBITDA grew 25% year over year to $131 million, translating to a margin of approximately 68%, well above guidance expectations. Annualized recurring revenue hit a record $629 million, up 7% from the prior year, underscoring the stability of InterDigital’s IP-as-a-Service model. Key licensing highlights included a new patent license agreement with a leading PC manufacturer, which increased coverage to approximately 70% of the global PC market, including four of the top five makers. Revenue in the consumer electronics and IoT segments doubled year over year to nearly $56 million, boosted by new agreements such as one with EV charger maker KEBA.