InterDigital (IDCC) Minority Interest (2016 - 2023)
InterDigital (IDCC) posted Minority Interest of $4.4 million for Q3 2023, down 15.31% on a QoQ basis from $5.1 million in Q2 2023, and down 27.71% year-over-year from $6.0 million in Q3 2022.
InterDigital (IDCC) Minority Interest (2016 - 2023) Analysis & Trends
InterDigital's Minority Interest history runs 8 years deep, the most recent figure standing at $4.4 million for Q3 2023.
- Quarterly Minority Interest fell 27.71% year-over-year to $4.4 million in Q3 2023, while the trailing twelve-month figure through Sep 2023 was $4.4 million (down 27.71% YoY) and the FY2022 annual result came in at $5.6 million, down 26.83% from the prior year.
- Minority Interest was $4.4 million for Q3 2023 at InterDigital, down from $5.1 million in the prior quarter.
- Across five years, Minority Interest topped out at $24.7 million in Q4 2019 and bottomed at $4.4 million in Q3 2023.
- A 5-year average of $13.2 million and a median of $11.0 million in 2021 frame the typical range for Minority Interest.
- Annual changes were most pronounced in 2019 — Minority Interest surged 1825.55% — and 2021, when it tumbled 66.9%.
- InterDigital's Minority Interest stood at $24.7 million in 2019, then decreased by 6.18% to $23.2 million in 2020, then tumbled by 66.9% to $7.7 million in 2021, then dropped by 26.83% to $5.6 million in 2022, then slipped by 22.53% to $4.4 million in 2023.
- Business Quant data shows IDCC's Minority Interest at $4.4 million in Q3 2023, $5.1 million in Q2 2023, and $5.6 million in Q1 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Sap Se | 208.91 Bn | 189.27 Bn | 8.16 Bn |
| 2 | Full Truck Alliance | 188.77 Bn | 186.13 Bn | - |
| 3 | Shopify | 145.98 Bn | 140.23 Bn | 1.55 Bn |
| 4 | Uber Technologies | 141.48 Bn | 140.44 Bn | 5.95 Bn |
| 5 | Salesforce | 128.51 Bn | 116.67 Bn | 8.56 Bn |
| 6 | ServiceNow | 98.38 Bn | 93.20 Bn | 2.82 Bn |
| 7 | Automatic Data Processing | 97.56 Bn | 94.34 Bn | 2.87 Bn |
| 8 | Snowflake | 91.55 Bn | 88.59 Bn | 926.45 Mn |
| 9 | Cadence Design Systems | 89.91 Bn | 88.50 Bn | 1.41 Bn |
| 10 | InterDigital | 6.59 Bn | 5.50 Bn | 153.30 Mn |
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 |