Slides
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Third Quarter 2026 Results October 29, 2026 1©2026 InterDigital, Inc. All Rights Reserved.
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Disclaimers Forward-Looking Statements This presentation contains forward-looking statements within the meaning of Section 21E of the Exchange Act, including but not limited to statements related to our outlook for Q4 and full year 2026, and other financial and business goals. Forward-looking statements are based on our expectations as of the date of this presentation and are subject to a number of risks, uncertainties and assumptions, many of which involve factors or circumstances that are beyond our control. Actual results could materially differ because of such factors or circumstances, which include those described in our third quarter 2026 earnings release. You should carefully consider these factors as well as the risks and uncertainties outlined in greater detail in the Risk Factors sections of our 2025 Form 10-K and our other SEC filings before making any investment decision with respect to our common stock. These factors, individually or in the aggregate, may cause our actual results to differ materially from our expected and historical results. We undertake no obligation to revise or update publicly any forward-looking statement for any reason, except as otherwise required by law. Industry Data This presentation contains statistical data, estimates, and forecasts that are based on independent industry publications or other publicly available information, as well as other information based on our internal sources. While we believe the industry and market data included in this presentation are reliable and are based on reasonable assumptions, these data involve many assumptions and limitations, and you are cautioned not to give undue weight to these estimates. We have not independently verified the accuracy or completeness of the data contained in these industry publications and other publicly available information. Non-GAAP Financial Measures This presentation includes certain non-GAAP measures not based on generally accepted accounting principles. For more information and for reconciliations between GAAP and these non-GAAP measures, see the appendix to this presentation. 2©2026 InterDigital, Inc. All Rights Reserved.
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Agenda Q3 Financial & Business Highlights Q4 and FY26 Outlook Background on InterDigital Appendix 3©2026 InterDigital, Inc. All Rights Reserved.
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Financial & Business Highlights 4©2026 InterDigital, Inc. All Rights Reserved.
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Q3 Financial Highlights Revenue up 17% YoY to $193M, Adj. EBITDA1 up 25% YoY to $131 million and Non-GAAP EPS1 up 22% YoY to $3.11, all far exceeding top end of guidance range Annualized Recurring Revenue2 (ARR) at all-time high of $629 million CE, IoT/Auto revenue up 97% YoY to $56 million Adj. EBITDA margin1 of 68% Free cash flow1 of $136 million Return of capital of $121 million, including $83 million reduction in debt and $38 million of share repurchases and dividends declared Increased quarterly dividend from $0.70 to $0.75 1 Non-GAAP Measure / Please see appendix for GAAP to Non-GAAP reconciliations 2 Please see appendix for a description of this metric and how it is calculated 5©2026 InterDigital, Inc. All Rights Reserved.
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Recent Business Highlights Reached agreement via binding arbitration with a top PC manufacturer; 4 of the top 5 PC vendors now licensed Signed IoT license with EV charging company KEBA Awarded two new injunctions against Disney by Europe’s Unified Patent Court; in total eight injunctions won against Disney out of eight patent cases decided to date Received a Best in Show award with research partner NHK for our demonstration of VVC Multilayer Coding at IBC 2026 Demonstrated our expertise in shaping 6G with docu-film, “Built on Innovation: InterDigital and the Future of Connectivity” Recognized as one of America’s Greatest Companies by Newsweek and one of America’s Growth Leaders by Time 6©2026 InterDigital, Inc. All Rights Reserved.
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Financial Results vs. Outlook Q3’26 RESULTS Q3’26 OUTLOOK Revenue $193.4M $154M - $158M Adjusted EBITDA1 $131.3M $86M - $92M Diluted EPS $2.34 $1.25 - $1.42 Non-GAAP EPS1 $3.11 $1.94 - $2.13 1 Non-GAAP Measure / Please see appendix for GAAP to Non-GAAP reconciliations, as well as our Q3’26 10-Q for a sensitivity table showing the dilutive impact of our convertible notes. 7©2026 InterDigital, Inc. All Rights Reserved.
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$105M $131M 64% 68% 0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100% 0 100 200 ARR +7% YoY Q3’26 Results 8 0 100 200 300 400 500 600 700 800 Q3 ‘25 Q3 ‘26 $629M CE, IoT / AutoSmartphone $147M $157M $18M $36M 0 100 200 Q3 ‘25 Q3 ‘26 Revenue +17% YoY Q3 ‘25 Q3 ‘26 Adjusted EBITDA1 +25% YoY $2.55 $3.11 0.0 0.5 1.0 1.5 2.0 2.5 3.0 3.5 4.0 4.5 5.0 Q3 ‘25 Q3 ‘26 Non-GAAP EPS1 +22% YoY - - - - - -Adj EBITDA Margin1 1 Non-GAAP financial measure. Refer to non-GAAP reconciliation in appendix, as well as our Q3’26 10-Q for a sensitivity table showing the dilutive impact of our convertible notes. $588M ©2026 InterDigital, Inc. All Rights Reserved. Streaming & Cloud Catch-upRecurring
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Q4 and FY26 Outlook 9©2026 InterDigital, Inc. All Rights Reserved.
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Near Term Outlook 10 Q4’26 OUTLOOK* FY26 OUTLOOK* Revenue $154M - $160M $813M - $819M Adjusted EBITDA1 $80M - $88M $507M - $515M Diluted EPS $1.04 - $1.27 $8.93 - $9.16 Non-GAAP EPS1 $1.72 - $1.98 $11.99 - $12.25 1 Non-GAAP Measure / Please see appendix for GAAP to Non-GAAP reconciliations, as well as our Q3’26 10-Q for a sensitivity table showing the dilutive impact of our convertible notes. The outlook for fourth quarter 2026 and full year 2026 is based on contracted revenue only and does not include any new agreements or enforcement action results we may sign or receive over the balance of the fourth quarter. * As of October 29, 2026 ©2026 InterDigital, Inc. All Rights Reserved.
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Upcoming Investor Events November 17 RBC Tech Conference ● New York 11©2026 InterDigital, Inc. All Rights Reserved. November 18 Roth Tech Conference ● New York December 8 NASDAQ London Investor Conference ● London
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Background on InterDigital 12©2026 InterDigital, Inc. All Rights Reserved.
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Premier Team Foundational Technology Development Company Introduction Long-term Growth Strategy Accelerating Business Momentum 01 0304 0205 InterDigital Innovating Today, Empowering Tomorrow 13©2026 InterDigital, Inc. All Rights Reserved.
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InterDigital Pioneering Wireless, Video and AI Research 14 71% Adj. EBITDA Margin2 KEY CUSTOMERS INCLUDE: ~$1.2B Cash 2025 Financial Results $834M Revenue HIGHLIGHTS Driving foundational research in wireless, video & AI since 1972 World-class team Led by seasoned industry veterans Enabling ecosystem ~9B wireless connections with $7.6T economic value annually Industry-leading patents Evergreen patent portfolio of ~40,000 assets Long-term customers Subscription-like revenue, $5B+ in TCV1 added since the start of 2021 1 TCV = total contract value 2 Non-GAAP financial measure. Refer to non-GAAP reconciliation in appendix, and our Q3 2026 10-Q for a sensitivity table showing the dilutive impact of our convertible notes. $15.31 Non-GAAP EPS2 ©2026 InterDigital, Inc. All Rights Reserved.
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Rich Brezski CFO Julia Mattis Chief Licensing Officer 15 World-Class Leadership Team Robert S. Stien Chief Communications & Public Policy Officer Ken Kaskoun Chief Growth Officer Joshua Schmidt Chief Legal Officer Skip Maloney Chief People Officer Liren Chen CEO Rajesh Pankaj CTO Decades of industry experience. Strong track record. Drive deep collaboration and superb execution. ©2026 InterDigital, Inc. All Rights Reserved.
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16 Subscription-Based Licensing Model A Virtuous Cycle of Innovation We are a foundational R&D company. We share our innovation through the standards process and monetize our technology through IP licensing. $RESEARCH & INNOVATION PATENT PORTFOLIO LICENSING IMPLEMENTERS STANDARD DEVELOPMENT TECHNOLOGY SHARING ©2026 InterDigital, Inc. All Rights Reserved.
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17 We Focus on Foundational Technologies We solve the most complex problems in the system. The technology we created is broadly applicable to many industries WIRELESS Cellular wireless - 4G/5G/6G WiFi and wireless local area networks VIDEO Video compression, transport and enhancement Immersive media compression, transport and enhancement AI AI/ML research to deliver next gen wireless and video technologies and services AI/ML innovation to boost performance, save energy, and enable new use cases Our research and patents in these areas underpin our business ©2026 InterDigital, Inc. All Rights Reserved.
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18 Our Innovations Help Drive Video Codec Evolution 4K Movie 130-Minute Run Time (1) http://www.iam-media.com/litigation/what-will-tv-cost-you-putting-price-hevc-licences (2) Approximated based on the result from 3GPP document https://www.3gpp.org/ftp/Specs/archive/26_series/26.955/26955-h00.zip Source: Counterpoint, WINXDVD Uncompressed: 11,600GB Compressed VP9: ~15 GB HEVC: ~14 GB(1) AV1: ~11 GB VVC: ~9 GB(2) AVC: ~24 GB(1) ©2026 InterDigital, Inc. All Rights Reserved.
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19 The Power of the Global Standards System CONSUMERS A global system of standards helps ensure interoperability IMPLEMENTERS Standards like 5G lower barriers to entry for new entrants into a market like smartphones and benefit from economies of scale OPERATORS AND SERVICE PROVIDERS Standards increase system capacity and lower the total cost of ownership ©2026 InterDigital, Inc. All Rights Reserved.
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20 InterDigital Drives Standard Development UNITING PRINCIPLES Strong belief in global standards Focus on technology merits and neutral on product implementation decisions STRONG LEADERSHIP Participate in 100+ standard development organizations (SDO) Hold more than 100 leadership positions in these SDOs BROAD COLLABORATIONS Collaborate with many industry partners and leading universities Our technologies benefit the whole eco-system: billions of devices and many cloud-based services each year ©2026 InterDigital, Inc. All Rights Reserved.
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©2026 InterDigital, Inc. All Rights Reserved. Green MPEG Co-Chair JVET Beyond VVC JVET Software Coordinator JVET Beyond VVC Co-Chair of Two AHG Haptics Co-Chair Sustainability in Media & Data Delivery Services Co-Chair Steering Board Member TSAG Vice Chair NNVC Co-Chair & SW Chair JVET AI AHG Co-Chair AI-3DG Chair RAN2 Chair SA6 Chair SA2 Vice-Chair ETSI Board Member and ISAC ISG Chair SA Board of Governors Steering Group Co-Chair Technology Roadmap Vice- Chair Policy Committee Vice Chair SAI Vice Chair AIML Standing Committee Chair Internet Area Working Group Co-Chair WirelessVideo AI-Related Positions We Lead Standard Development More than 100 Leadership Positions in Wireless, Video & AI Standards 21 Commercial Module – Energy Efficiency Chair
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22 Multiple 3GPP Chair Positions to Lead 6G Standard Radio Access Network (RAN) WG1 Radio Layer1 WG2 Radio Layer 2/3 WG3 Architecture & Related Network Interfaces WG4 Radio Performance & Protocol Aspects WG5 Mobile Terminal Conformance Testing Services & System Aspects (SA) WG1 Services WG2 System Architecture WG3 Security WG4 Codec WG5 Telecom Management WG6 Mission-critical Apps Core Network & Terminals (CT) WG1 User Equipment To Core Network Protocols WG3 Interworking With External Networks WG4 Core Network Protocols WG6 Smart Card Application Aspects ©2026 InterDigital, Inc. All Rights Reserved.
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23 2022: 2023: 2024: 2025: ©2026 InterDigital, Inc. All Rights Reserved. InterDigital is a Recognized Global Innovation Leader For the fifth year in a row, LexisNexis recognized InterDigital amongst the World’s 100 Most Innovative Businesses. Innovation Momentum 2026: The Global Top 100, “represents the world’s leading patent owners with the highest innovation momentum.” 2026:
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Innovation Engine Fuels Evergreen IP Portfolio Cellular WiFi Video Other ~19,000 Assets ~40,000 Assets Our patent portfolio has grown > 100% since 2017 with the addition of video & DTV related technologies and continuing growth of wireless assets 2017: 2026: Adding ~7 new patents/day ©2026 InterDigital, Inc. All Rights Reserved. 24
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Accelerating Business Momentum 25©2026 InterDigital, Inc. All Rights Reserved.
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$0B $1B $2B $3B $4B $5B Licensing Momentum Drives Total Contract Value (TCV) Growth Over 60 licenses with TCV of $5B+ since the start of 2021 2021 2022 2023 2024 2025 26 2026 ©2026 InterDigital, Inc. All Rights Reserved.
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Licensing Success Drives ARR Growth 27 $356M $406M $414M $413M $468M $582M $629M $450M $500M $550M $600M $400M $350M $650M $300M 2020 2021 2022 2023 2024 2025 Q3 ‘26 ©2026 InterDigital, Inc. All Rights Reserved.
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$155M $208M $255M $345M $551M $589M 43% 49% 56% 63% 63% 71% 0% 10% 20% 30% 40% 50% 60% 70% 80% 90% $0M $200M $400M $600M $800M $1,000M 2021 2022 2023 2024 2025 Strong Revenue Growth, Margins and Return of Capital Non-GAAP EPS1 up ~ 7X - - - - - -Adj EBITDA Margin1 Revenue up ~2X Adjusted EBITDA up ~4X 1 1 Non-GAAP financial measure. Refer to non-GAAP reconciliation in appendix, as well as our 3Q26 10-Q for a sensitivity table showing the dilutive impact of our convertible notes. $359M $425M $458M $550M $869M $834M 2021 2022 2023 2024 2025 Return of Capital > $800M Reduced share count by 16% $2.27 $3.73 $5.08 $9.23 $14.97 $15.31 2021 2022 2023 2024 2025 $0M $100M $200M $300M $400M $500M $600M $700M $800M $900M 2021 2022 2023 2024 2025 Repurchases Dividends 28©2026 InterDigital, Inc. All Rights Reserved. 2020 2020 2020
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29 Recognized As One Of America’s Best Companies Newsweek FortuneTime Magazine Forbes ©2026 InterDigital, Inc. All Rights Reserved. America’s Greatest Companies 2026 100 Fastest- Growing Companies 2025 America’s Growth Leaders 2027 America’s Best Mid-Cap Companies 2026 #1 America’s High-Growth Companies 2026 Business Insider
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Long-term Growth Strategy 30©2026 InterDigital, Inc. All Rights Reserved.
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31 Our Technologies Benefit the Economy and the World Source: GSMA The Mobile Economy 2026 5.8 billion people globally subscribed to a mobile service, including 4.7 billion who used the mobile internet Mobile technologies and services generate $7.6 trillion economic value, 6.4% of global GDP Enables 50 million jobs across the wider mobile ecosystem Mobile technologies and services projected to add nearly $4 trillion to the global economy by 2030 ©2026 InterDigital, Inc. All Rights Reserved.
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32 We Address Three Large Markets Market Key Market Dynamic Significant Customers STREAMING & CLOUD SERVICES High growth with increasing focus on profitability ~11% <20 CE, IoT/AUTO ~4% ~100 Increasing concentration of top OEMs SMARTPHONES <10 Mix of mature and growth with fragmentation across certain verticals 2025A TAM ’25 – ’30E CAGR ~(1)% Sources: Counterpoint Research, Omdia (1) Represents wholesale revenue (2) Includes CE and cellular IoT only (Auto excluded) (3) Represents SVoD + AVoD ~$485B (3) ~1.8B Units (~$440B)(2) ~1.25B Units (~$465B)(1) ©2026 InterDigital, Inc. All Rights Reserved.
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33 Clear Pathway to Growth Q3-2026 2030 SMARTPHONE Increase penetration Enhance valuation during renewals CE, IOT/AUTO Increase penetration Expand market coverage STREAMING & CLOUD SERVICES Drive penetration $78M ~$200M $60M ~$300M+ $1B+ ARR Target 2030 (by 2027) $491M ~$500M (by 2027) ©2026 InterDigital, Inc. All Rights Reserved.
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Strong Execution Drives High Penetration 34 In Litigation Licensed Primary Opportunity Note: Lenovo in binding arbitration 2026E SMARTPHONE SHIPMENTS: ~1.1B Source: Counterpoint Research Licensing coverage: ~85% • 8 of top 10 OEMs under license • Top 3 licensed thru end of decade • Focus on driving higher value from key customers during renewal cycle 51% 28% 17% ~85% ~6% ~5% Other ©2026 InterDigital, Inc. All Rights Reserved.
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Good CE Momentum in Q3 But Opportunity Remains License coverage as of Q3 2026 35 Note: Figures represent 2025 estimated shipments / Dell in binding arbitration Source: Omdia PCs & TABLETS: ~450M TVs: ~210M ~70%~15% ~15% ~20% ~30% ~20% ~30% Licensed Primary Opportunity OtherIn Litigation ©2026 InterDigital, Inc. All Rights Reserved.
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36 Growth Across Cellular IoT and Automotive Source: Omdia PASSENGER VEHICLE SHIPMENTS (M) 2025A 2030E ~65M ~90M 5G 4G ~85% of 4G auto market licensed 5G auto market driving value growth ©2026 InterDigital, Inc. All Rights Reserved. CELLULAR IOT SHIPMENTS (M) Healthcare Industrial IoT Smart Cities 2025A 2030E ~550M ~860M Unaddressed Addressed Energy & Utilities Remote Monitoring Retail & Payments Transportation & Logistics Automotive TAM CAGR TAM CAGR +7% +9%
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37 SVoD and AVoD Are Our Current Focus Source: Omdia Note: Cloud gaming forecast data limited to 2028 and SVOD includes ad tier subscriptions. Logos are examples of market participants and not necessarily licensed customers. 2025 TAM 2030 TAM TAM CAGR $305 B$180 B $245 B $170 B $155B $18 B $21 B $5 B $6 B +14% +6% -1% SVoD AVoD GLOBAL PAY -TV VIDEO CONFERENCING CLOUD GAMING $580 B +3% +4% ©2026 InterDigital, Inc. All Rights Reserved.
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38 Capital Allocation Priorities Strong cash flow funds organic investment in research, fortifies the balance sheet and enables significant share reduction Maintain fortress balance sheet Financial strength is a strategic asset Organic investment in business Prioritize investment into research and IP portfolio Inorganic investment Opportunistic and strategic Return Excess cash to shareholders > $600M in share repurchases last 5 yrs More than doubled dividend last 4 yrs ©2026 InterDigital, Inc. All Rights Reserved.
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39 Target Financial Model for 2030 10%+ Large TAMs Provide Growth Opportunity ARR CAGR Subscription Model Underpins ARR $1B+ ARR Target Well positioned to drive value going forward 1 Non-GAAP financial measure. Refer to non-GAAP reconciliation in appendix. ©2026 InterDigital, Inc. All Rights Reserved. Operating Leverage Enables Margin Expansion 60%+ Adjusted EBITDA Margin1 Target
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40 Key Takeaways World-class leadership and functional teams across the board Accelerating momentum for R&I, standard development, patent portfolio creation and licensing driven by continuing investment and strong execution We have a clear strategy, a world-class team and the operational discipline to drive the growth of ARR to $1B+ target by 2030 Our technologies are critical to devices and services of multiple industries, giving us large addressable markets ©2026 InterDigital, Inc. All Rights Reserved.
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Appendix 41©2026 InterDigital, Inc. All Rights Reserved.
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42 Supplemental Metrics Annualized recurring revenue ("ARR") for any quarter is defined as total revenue for the quarter less catch -up revenue for the quarter, multiplied by four. Management believes ARR provides useful information about our financial performance, and our progress toward our 2030 targets. ARR is no t a projection or forecast, and actual recurring revenue for any 12-month period will depend on a number of factors beyond our ability to predict or control, including those risks and uncertainties listed above. Additionally, ARR may be calculated differently from, and therefore may not be comparable to, similarly titled measure s used by other companies. Adjusted EBITDA and Adjusted EBITDA margin are supplemental non -GAAP financial measures that InterDigital believes provide inves tors with important insight into the Company's ongoing business performance. InterDigital defines Adjusted EBITDA as net income attributable to InterDigital Inc. plu s net loss attributable to non-controlling interest, income tax benefit (provision), other income, net & interest expense, depreciation and amortization, share -based compensation, and other items. Other items include restructuring costs, impairment charges and other non -recurring items. Adjusted EBITDA margin is Adjusted EBITDA over total revenue. These non-GAAP financial measures used by the company may be calculated differently from, and therefore may not be comparable to, similarly titled mea sures used by other companies. The presentation of these financial measures, which are not prepared under any comprehensive set of accounting rules or principle s, is not intended to be considered in isolation or as a substitute for the financial information prepared and presented in accordance with GAAP. A reconciliation o f Adjusted EBITDA to the most directly comparable GAAP financial measure is provided below. Non-GAAP net income, Non-GAAP earnings per share (“EPS”), and Non-GAAP weighted-average diluted shares are supplemental non-GAAP financial measures that InterDigital believes provide investors with important insight into the Company's ongoing business performance. InterDigital defines Non-GAAP net income as net income attributable to InterDigital, Inc. plus share-based compensation, acquisition related amortization, restructuring costs, impairm ent charges and one-time adjustments, losses on extinguishments of long-term debt, the related income tax effect of the preceding items, and adjustments to income tax es. Non-GAAP EPS is defined as Non- GAAP net income divided by Non-GAAP weighted-average diluted shares, which adjusts the weighted-average number of common shares outstanding for the dilutive effect of the Company's convertible notes, offset by our hedging arrangements. InterDigital’s computation of these non -GAAP financial measures might not be comparable to similarly named measures reported by other companies. The presentation of these financial measures, which are n ot prepared under any comprehensive set of accounting rules or principles, is not intended to be considered in isolation or as a substitute for the financial information prepared and presented in accordance with GAAP. A reconciliation of each of these metrics to its most directly comparable GAAP financial measure is pro vided below. Free cash flow is a supplemental non-GAAP financial measure that InterDigital believes is helpful in evaluating the company’s ability to invest in its business, make strategic acquisitions and fund share repurchases, among other things. A limitation of the utility of free cash flow as a mea sure of financial performance is that it does not represent the total increase or decrease in the company’s cash balance for the period. InterDigital defines free cash flow as net cash provided by (used in) operating activities less capital expenditures and capitalized patent costs. InterDigital’s computation of free cash flow might not be comparable to fr ee cash flow reported by other companies. The presentation of free cash flow, which is not prepared under any comprehensive set of accounting rules or principles, is not intended to be considered in isolation or as a substitute for the financial information prepared and presented in accordance with GAAP. A re conciliation of free cash flow to net cash provided by (used in) operating activities, the most directly comparable GAAP financial measure, is provided below. ©2026 InterDigital, Inc. All Rights Reserved.
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Non-GAAP Reconciliation ©2026 InterDigital, Inc. All Rights Reserved. 43 (In millions) 2020 2021 2022 2023 2024 2025 Q3'26 Q3'25 Q3'26 Q4'26 FY 2026 Net income attributable to InterDigital, Inc. 45$ 55$ 94$ 214$ 359$ 407$ 80$ 68$ $42 - $48 $35 - $43 $307 - $315 Net loss attributable to non-controlling interest (7) (13) (2) (3) - - - - - - - Income tax provision (benefit) (7) 15 26 24 71 63 19 8 11 10 61 Other income, net & interest expense 24 14 33 (13) 10 (9) (0) (0) - - (2) Depreciation and amortization 81 78 79 78 70 78 20 20 20 20 78 Share-based compensation 10 29 22 36 46 43 13 9 13 15 63 Other operating items 9 30 3 10 (4) 7 (1) - - - - Adjusted EBITDA 155$ 208$ 255$ 345$ 551$ 589$ 131$ 105$ $86 - $92 $80 - $88 $507 - $515 Adjusted EBITDA Margin 43% 49% 56% 63% 63% 71% 68% 64% 57% 54% 63% Other Operating Items Restructuring -$ 28$ 3$ -$ -$ -$ -$ -$ -$ -$ -$ Other non-cash charges 9 - - 3 - 1 - - - - - Non-Recurring Personnel-Related - 2 - - - 6 - - - - - Net Litigation Fee Reimbursement - - - 8 (4) 1 (1) - - - - Total Other Operating Items 9$ 30$ 3$ 10$ (4)$ 7$ (1)$ -$ -$ -$ -$ Cash Flow Data: Net cash provided by operating activities Capital expenditures Capitalized patent costs Free cash flow NOTE: Sums may not equal total due to rounding $ 136 Three Months Ended Q3'26 150$ (1) (13) Full Year OutlookThree Months Ended
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Non-GAAP Reconciliation ©2026 InterDigital, Inc. All Rights Reserved. 44 (In millions, except per share data) 2020 2021 2022 2023 2024 2025 Q3'26 Q3'25 Q3'26 Q4'26 FY 2026 Net income attributable to InterDigital, Inc. 45$ 55$ 94$ 214$ 359$ 407$ 80$ 68$ $42 - $48 $35 - $43 $307 - $315 Share-based compensation 10 29 22 36 46 43 13 9 13 15 63 Acquisition related amortization 44 42 42 41 33 36 8 9 8 8 32 Other operating items 9 30 3 10 (4) 7 (1) - - - - Other non-operating items (4) (11) 13 (14) (2) - - - - - (1) Related income tax and noncontrolling interest effect of above items (12) (26) (17) (17) (15) (18) (4) (4) (4) (5) (20) Adjustments to income taxes (21) (2) (2) (16) (7) (10) (1) (4) - - (12) Non-GAAP net income 70$ 117$ 155$ 254$ 409$ 465$ 96$ 78$ $59 - $65 $53 - $61 $369 - $377 Weighted average diluted shares - GAAP 31.1 31.3 30.5 28.1 29.7 34.5 34.2 34.9 33.7 33.8 34.4 Less: Dilutive impact of the Convertible Notes - - - 0.5 2.4 4.1 3.5 4.3 3.3 3.0 3.6 Weighted average diluted shares - Non-GAAP 31.1 31.3 30.5 27.6 27.3 30.4 30.7 30.6 30.4 30.8 30.8 Diluted EPS 1.44$ 1.77$ 3.07$ 7.62$ 12.07$ 11.80$ 2.34$ 1.93$ $1.25 - $1.42 $1.04 - $1.27 $8.93 - $9.16 Non-GAAP EPS 2.27$ 3.73$ 5.08$ 9.23$ 14.97$ 15.31$ 3.11$ 2.55$ $1.94 - $2.13 $1.72 - $1.98 $11.99 - $12.25 Other Operating Items Restructuring -$ 28$ 3$ -$ -$ -$ -$ -$ -$ -$ -$ Other non-cash charges 9 - - 3 - 1 - - - - - Non-recurring personnel-related - 2 - - - 6 - - - - - Net litigation fee reimbursement - - - 8 (4) 1 (1) - - - - Total Other Operating Items 9$ 30$ 3$ 10$ (4)$ 7$ (1)$ -$ -$ -$ -$ Other Non-operating Items Fair value changes (4)$ (9)$ 2$ (10)$ (2)$ -$ - - -$ -$ (1)$ Loss on extinguishment of debt - - 11 - - - - - - - - Other non-cash charges - (2) - (4) - - - - - - - Total Other Non-operating Items (4)$ (11)$ 13$ (14)$ (2)$ -$ -$ -$ -$ -$ (1)$ NOTE: Sums may not equal total due to rounding Full Year OutlookThree Months Ended