InterDigital (IDCC) Minority Interest (2016 - 2023)
InterDigital's (IDCC) quarterly Minority Interest came in at $4.4 million in Q3 2023, down 27.71% YoY from $6.0 million in Q3 2022, and down 15.31% on a QoQ basis from $5.1 million in Q2 2023.
InterDigital (IDCC) Minority Interest (2016 - 2023) Analysis & Trends
InterDigital (IDCC) has 8 years of Minority Interest data on file, last reported at $4.4 million in 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 declined to $4.4 million in Q3 2023, from $5.1 million in the prior quarter.
- In the past five years, Minority Interest ranged from a high of $24.7 million in Q4 2019 to a low of $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 plunged 66.9%.
- Tracing IDCC's Minority Interest over 5 years: 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 | 255.48 Bn | 234.41 Bn | 16.51 Bn |
| 2 | Shopify | 198.95 Bn | 194.00 Bn | 1.71 Bn |
| 3 | Salesforce | 160.70 Bn | 148.86 Bn | 8.56 Bn |
| 4 | Uber Technologies | 154.94 Bn | 149.73 Bn | 6.38 Bn |
| 5 | ServiceNow | 128.25 Bn | 123.58 Bn | 2.82 Bn |
| 6 | Snowflake | 114.00 Bn | 111.05 Bn | 926.45 Mn |
| 7 | Automatic Data Processing | 108.58 Bn | 104.35 Bn | 2.51 Bn |
| 8 | Adobe | 105.34 Bn | 99.72 Bn | 5.90 Bn |
| 9 | Intuit | 94.55 Bn | 87.77 Bn | 7.24 Bn |
| 10 | InterDigital | 8.87 Bn | 7.76 Bn | 225.45 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 |