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Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. InterDigital's Net Income for the three months ended in Mar. 2024 was $81.7 Mil. Its Net Income for the trailing twelve months (TTM) ended in Mar. 2024 was $190.5 Mil.
Net Income is linked to the most popular Earnings per Share (Diluted) number. InterDigital's Earnings per Share (Diluted) for the three months ended in Mar. 2024 was $2.88.
The historical data trend for InterDigital's Net Income can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
InterDigital Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
Net Income | Get a 7-Day Free Trial | 20.93 | 44.80 | 55.30 | 93.69 | 214.07 |
InterDigital Quarterly Data | ||||||||||||||||||||
Jun19 | Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | |
Net Income | Get a 7-Day Free Trial | 105.26 | 21.78 | 47.94 | 39.09 | 81.65 |
Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.
Net Income
= Revenue
- Cost of Goods Sold
- Selling, General, & Admin. Expense
- Research & Development
- Depreciation, Depletion and Amortization
- Interest Expense
- Non Operating Income (NRI) - Tax Expense + Others
= EBITDA
- Depreciation, Depletion and Amortization
- Interest Expense
- Non Operating Income (NRI) - Tax Expense + Others
= Operating Income
- Interest Expense
- Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others
InterDigital's Net Income for the fiscal year that ended in Dec. 2023 is calculated as
Net Income | (A: Dec. 2023 ) | ||||||
= | Pre-Tax Income | + | Tax Provision | + | Net Income (Discontinued Operations) | + | Others |
= | 234.61 | + | -23.557 | + | 0 | + | 3.016 |
= | 214.1 |
InterDigital's Net Income for the quarter that ended in Mar. 2024 is calculated as
Net Income | (Q: Mar. 2024 ) | ||||||
= | Pre-Tax Income | + | Tax Provision | + | Net Income (Discontinued Operations) | + | Others |
= | 101.063 | + | -19.411 | + | 0 | + | 0 |
= | 81.7 |
Net Income for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $190.5 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
InterDigital (NAS:IDCC) Net Income Explanation
Net Income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:
InterDigital's Earnings per Share (Diluted) (EPS) for the quarter that ended in Mar. 2024 is calculated as
Earnings per Share (Diluted) (Q: Mar. 2024 ) | = | (Net Income | - | Preferred Dividends) | / | Shares Outstanding (Diluted Average) |
= | (81.652 | - | 0) | / | 28.341 | |
= | 2.88 |
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.
EPS is most useful for companies that have:
A predictable businessThe dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.
Be Aware
Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred Net Income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.
Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.
If net earnings is less than 10%, likely to be in a highly competitive business.
Thank you for viewing the detailed overview of InterDigital's Net Income provided by GuruFocus.com. Please click on the following links to see related term pages.
Joshua D. Schmidt | officer: CLO & Corp Sec | 200 BELLEVUE PARKWAY, SUITE 300, WILMINGTON DE 19809 |
Rajesh Pankaj | officer: Chief Technology Officer | 200 BELLEVUE PARKWAY, SUITE 300, WILMINGTON DE 19809 |
Eeva K. Hakoranta | officer: Chief Licensing Officer | 200 BELLEVUE PARKWAY, SUITE 300, WILMINGTON DE 19809 |
Eric Cohen | officer: Chief Strategy& Growth Officer | 5220 LAS VIRGENES ROAD, CALABASAS CA 91302 |
Pierre-yves Lesaicherre | director | C/O INTERDIGITAL, INC., 200 BELLEVUE PKWY, STE 300, WILMINGTON DE 19809 |
Markley John D. Jr. | director | COLUMBIA CAPITAL, 201 NORTH UNION STREET, SUITE VA 22314 |
Samir Armaly | director | C/O XPERI HOLDING CORPORATION, 3025 ORCHARD PARKWAY, SAN JOSE CA 95134 |
John A Kritzmacher | director | C/O GLOBAL CROSSING LIMITED, 200 PARK AVENUE, SUITE 300, FLORHAM PARK NJ 07932 |
Jean F Rankin | director | 1110 AMERICAN PARKWAY NE, ALLENTOWN PA 18109 |
Richard Brezski | officer: Chief Accounting Officer | 781 THIRD AVENUE, KING OF PRUSSIA PA 19406-1409 |
Derek K Aberle | director | 5775 MOREHOUSE DRIVE, SAN DIEGO CA 92121 |
Henry Tirri | officer: Chief Technology Officer | 400 ATLANTIC STREET, SUITE 1500, STAMFORD CT 06901 |
Stewart D Hutcheson | director | 5887 COPLEY DRIVE, SAN DIEGO CA 92111 |
Joan H Gillman | director | C/O AIRGAIN, INC., 3611 VALLEY CENTRE DRIVE, SUITE 150, SAN DIEGO CA 92130 |
Lawrence Liren Chen | director, officer: President and CEO | 200 BELLEVUE PARKWAY, SUITE 300, WILMINGTON DE 19809 |
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