InterDigital Inc (IDCC)
Net profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 358,614 | 214,069 | 93,693 | 55,295 | 44,801 |
| Revenue | US$ in thousands | 871,346 | 516,955 | 406,489 | 407,069 | 329,455 |
| Net profit margin | 41.16% | 41.41% | 23.05% | 13.58% | 13.60% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $358,614K ÷ $871,346K
= 41.16%
InterDigital Inc's net profit margin has displayed somewhat stable performance in recent years, with a slight decrease from 13.60% in December 2020 to 13.58% in December 2021. However, the margin saw a notable increase in December 2022, reaching 23.05%, followed by a substantial surge to 41.41% in December 2023. The margin remained strong at 41.16% by December 2024.
The upward trend in the net profit margin indicates that InterDigital Inc has been effectively managing its costs and expenses relative to its revenue. The significant improvement in the margin from 2022 to 2023 suggests the company implemented successful strategies to enhance profitability.
Overall, the consistent profitability reflected in the net profit margin figures demonstrates InterDigital Inc's ability to generate earnings from its operations and signifies a healthy financial performance during the period under review.
Peer comparison
Dec 31, 2024