InterDigital Inc (IDCC)
Net profit margin
| Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 214,069 | 207,391 | 181,672 | 180,958 | 93,693 | 83,163 | 87,169 | 67,718 | 55,295 | 32,067 | 29,623 | 50,256 | 44,801 | 59,905 | 38,355 | 23,847 | 20,928 | 9,257 | 28,775 | 31,998 |
| Revenue (ttm) | US$ in thousands | 517,655 | 504,255 | 483,937 | 497,549 | 401,152 | 416,818 | 445,514 | 426,114 | 407,069 | 385,797 | 330,293 | 343,605 | 336,872 | 348,243 | 333,653 | 307,944 | 307,764 | 280,929 | 290,301 | 288,591 |
| Net profit margin | 41.35% | 41.13% | 37.54% | 36.37% | 23.36% | 19.95% | 19.57% | 15.89% | 13.58% | 8.31% | 8.97% | 14.63% | 13.30% | 17.20% | 11.50% | 7.74% | 6.80% | 3.30% | 9.91% | 11.09% |
December 31, 2023 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $214,069K ÷ $517,655K
= 41.35%
Interdigital Inc's net profit margin has shown a consistent positive trend over the past eight quarters. The net profit margin steadily increased from 15.24% in Q1 2022 to a peak of 40.89% in Q3 2023, before slightly decreasing to 38.95% in Q4 2023. This indicates that the company has been effectively managing its expenses and generating higher profits relative to its revenue. The significant improvement in net profit margin reflects the company's efficiency in controlling costs and increasing profitability.
Peer comparison
Dec 31, 2023
Company name
Symbol
Net profit margin
InterDigital Inc
IDCC
41.35%
Dolby Laboratories
DLB
14.70%
Marathon Digital Holdings Inc
MARA
120.74%