InterDigital (IDCC) Minority Interest (2016 - 2023)
InterDigital's (IDCC) quarterly Minority Interest came in at $4.4 million in 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.
Analysis
InterDigital (IDCC) Minority Interest (2016 - 2023) Analysis & Trends
InterDigital (IDCC) has reported Minority Interest for 8 consecutive years, with $4.4 million the latest figure, recorded 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 slipped to $4.4 million in Q3 2023 per IDCC's latest filing, 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.
- Historically, Minority Interest has averaged $13.2 million across 5 years, with a median of $11.0 million in 2021.
- The sharpest annual moves came in 2019 and 2021: Minority Interest soared 1825.55% in 2019, then sank 66.9% in 2021.
- Over 5 years, 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.
- According to Business Quant data, Minority Interest over the past three periods registered $4.4 million, $5.1 million, and $5.6 million for Q3 2023, Q2 2023, and Q1 2023 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Nvidia | 5,551.68 Bn | 5,486.45 Bn | 72.14 Bn |
| 2 | Broadcom | 1,702.84 Bn | 1,683.21 Bn | 15.42 Bn |
| 3 | Advanced Micro Devices | 779.39 Bn | 766.28 Bn | 6.20 Bn |
| 4 | Arm Holdings | 267.47 Bn | 263.58 Bn | 1.25 Bn |
| 5 | Marvell Technology | 196.03 Bn | 192.10 Bn | 1.46 Bn |
| 6 | Qualcomm | 178.36 Bn | 170.05 Bn | 5.28 Bn |
| 7 | Monolithic Power Systems | 60.14 Bn | 58.73 Bn | 541.07 Mn |
| 8 | Astera Labs | 53.85 Bn | 52.60 Bn | 287.57 Mn |
| 9 | Credo Technology Group Holding | 32.03 Bn | 31.26 Bn | 309.08 Mn |
| 10 | InterDigital | 8.72 Bn | 7.61 Bn | 225.45 Mn |
Historic Data
Download Data
Historic 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 | 14.46 Mn |
| Jun 30, 2018 | 15.76 Mn |