SHARPE
Reported results
- GAAP revenue was $193.4 million in third quarter 2026, an increase of 17% from $164.7 million in third quarter 2025.
- GAAP net income was $80.2 million, or $2.34 GAAP diluted EPS, compared to GAAP net income of $67.5 million, or $1.93 GAAP diluted EPS, in third quarter 2025.
- Non-GAAP Adjusted EBITDA was $131.3 million, up 25% from $104.9 million in third quarter 2025.
- Non-GAAP Net income was $95.7 million, or $3.11 Non-GAAP EPS, compared to $78.2 million, or $2.55 Non-GAAP EPS, in third quarter 2025.
- Annualized recurring revenue reached $628.9 million in third quarter 2026 compared to $588.0 million in third quarter 2025.
Guidance
- For fourth quarter 2026, InterDigital expects contracted revenue of $154 million to $160 million, Adjusted EBITDA of $80 million to $88 million, Diluted EPS of $1.04 to $1.27, and Non-GAAP EPS of $1.72 to $1.98.
- For full year 2026, InterDigital expects contracted revenue of $813 million to $819 million, Adjusted EBITDA of $507 million to $515 million, Diluted EPS of $8.93 to $9.16, and Non-GAAP EPS of $11.99 to $12.25.
Price and volatility reaction
The stock moved +4.3% on the print. No front-expiry chain was on file, so there is no straddle expected move. 30-day ATM implied volatility moved -8.4 vol points across the event (constant-maturity series — not the front-week crush).
| Measure | Value | Basis |
|---|---|---|
| Close before release | 320.56 | 2026-10-28 |
| Close after release | 334.27 | 2026-10-29 |
| Realised move | +4.3% | close to close |
| 30d ATM IV change | -8.4 vol pts | constant-maturity series, not the front expiry |
Source
The figures above come from the earnings release the company filed with the SEC on 2026-10-29 (8-K, Item 2.02). Read the original filing on sec.gov.