InterDigital, Inc. reaffirmed its goal of exceeding $1 billion in annualized recurring revenue by 2030, as the company's patent-licensing momentum accelerates. At the IDEAS conference, CFO Rich Brezski reported more than $800 million in 2025 revenue, non-GAAP EPS above $15, a 71% adjusted EBITDA margin, and over $1 billion in cash. Annualized recurring revenue reached a record $626 million, up from $356 million in 2020, and the company has signed more than 60 licensing agreements worth roughly $5 billion over the past five years, including deals with Apple, Samsung, Amazon, Xiaomi, and LG. Smartphone recurring revenue is already near its 2027 target of $500 million, while streaming and cloud revenue is emerging following an Amazon agreement. The company also targets $600 million in adjusted EBITDA by 2030, based on a 60% margin.
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Applovin CorpInterDigital IncReaffirms $1B recurring revenue goal by 2030 with strong financials and licensing momentum.
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