InterDigital (IDCC) Minority Interest (2016 - 2023)
InterDigital (IDCC) reported Minority Interest of $4.4 million for Q3 2023, down 27.71% on a YoY basis from $6.0 million in Q3 2022, and down 15.31% quarter-over-quarter from $5.1 million in Q2 2023.
InterDigital (IDCC) Minority Interest (2016 - 2023) Analysis & Trends
InterDigital has reported Minority Interest for 8 years, with the latest figure at $4.4 million in Q3 2023.
- For the quarter ending Q3 2023, Minority Interest fell 27.71% year-over-year to $4.4 million; the trailing twelve-month figure through Sep 2023 stood at $4.4 million (down 27.71% YoY), and the FY2022 full-year result was $5.6 million, down 26.83% from the prior year.
- Minority Interest for Q3 2023 stood at $4.4 million, down from $5.1 million in the prior quarter.
- The five-year high for Minority Interest was $24.7 million in Q4 2019, with the low at $4.4 million in Q3 2023.
- Historically, Minority Interest has averaged $13.2 million across 5 years, with a median of $11.0 million in 2021.
- Annual changes were most pronounced in 2019 — Minority Interest surged 1825.55% — and 2021, when it plunged 66.9%.
- InterDigital's Minority Interest stood at $24.7 million in 2019, then fell by 6.18% to $23.2 million in 2020, then sank by 66.9% to $7.7 million in 2021, then decreased by 26.83% to $5.6 million in 2022, then retreated by 22.53% to $4.4 million in 2023.
- The last three Minority Interest figures came in at $4.4 million (Q3 2023), $5.1 million (Q2 2023), and $5.6 million (Q1 2023), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Sap Se | 238.14 Bn | 220.17 Bn | 8.16 Bn |
| 2 | Full Truck Alliance | 166.83 Bn | 164.28 Bn | - |
| 3 | Uber Technologies | 150.36 Bn | 149.32 Bn | 11.88 Bn |
| 4 | Shopify | 147.75 Bn | 142.01 Bn | 1.55 Bn |
| 5 | Salesforce | 140.39 Bn | 128.55 Bn | 8.56 Bn |
| 6 | Cadence Design Systems | 105.73 Bn | 104.32 Bn | 1.26 Bn |
| 7 | ServiceNow | 105.42 Bn | 100.24 Bn | 2.83 Bn |
| 8 | Automatic Data Processing | 89.57 Bn | 86.34 Bn | 2.87 Bn |
| 9 | Adobe | 85.05 Bn | 78.16 Bn | 5.90 Bn |
| 10 | InterDigital | 7.38 Bn | 6.30 Bn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2023 | 4.35 Mn |
| Jun 30, 2023 | 5.14 Mn |
| Mar 31, 2023 | 5.63 Mn |
| Dec 31, 2022 | 5.62 Mn |
| Sep 30, 2022 | 6.02 Mn |
| Jun 30, 2022 | 6.48 Mn |
| Mar 31, 2022 | 6.96 Mn |
| Dec 31, 2021 | 7.68 Mn |
| Sep 30, 2021 | 11.05 Mn |
| Jun 30, 2021 | 12.06 Mn |
| Mar 31, 2021 | 20.48 Mn |
| Dec 31, 2020 | 23.20 Mn |
| Sep 30, 2020 | 19.41 Mn |
| Jun 30, 2020 | 21.29 Mn |
| Mar 31, 2020 | 22.95 Mn |
| Dec 31, 2019 | 24.72 Mn |
| Sep 30, 2019 | 21.19 Mn |
| Dec 31, 2018 | 1.28 Mn |
| Sep 30, 2018 | 5.01 Mn |
| Jun 30, 2018 | 15.76 Mn |