InterDigital Inc. (IDCC) — RQD Stock Rating Cockpit

Per the Roarable RQD rating, IDCC scores 84 out of 100 with a letter grade of A-, labeled "Roarable Buy — Superior Risk/Reward." The five pillars are:

• Fundamental Cash Engine: 20 / 20. Per the Roarable RQD rating, this pillar reflects ROIC of 52.8% and an FCF yield of 6.13%. For an investor, this is the strongest pillar and suggests the business converts capital into cash at a high rate, though it does not by itself establish what the price already reflects.
• Whale 13F Flow: 12 / 20. Per the Roarable RQD rating, this pillar covers institutional accumulation and options positioning. It is the weakest pillar relative to the others; the source data does not itemize the underlying 13F or options figures, so the score cannot be decomposed further.
• Insider Conviction: 17 / 20. Per the Roarable RQD rating, this pillar reflects SEC Form 4 and Congressional PTR cluster flow. The specific transactions are not itemized in the source data.
• Macro Regime Fit: 17 / 20. Per the Roarable RQD rating, this pillar reflects a beta of 0.87 and sector sensitivity. A beta below 1.0 indicates the stock has historically moved less than the broader market in the source's measurement.
• Forensic Balance Sheet: 18 / 20. Per the Roarable RQD rating, this pillar reflects an Altman Z-Score of 8.32, a Piotroski F-Score of 8/9, and Debt/Equity of 0.01.

Taken together, the score points to strong cash generation and a conservative balance sheet, with institutional flow as the least-supported component. The verdict label is the rating's own classification; it is not a recommendation to any particular investor. Valuation tradeoffs matter here: the P/E (TTM) of 21.2 and EV/EBITDA of 16.7 are moderate, but the price sits in the upper portion of the 52-week range, so upside depends on whether earnings growth continues to support those multiples.

Per the SEC financials, FY 2025 revenue declined from FY 2024 while net income and free cash flow rose, and operating income reached $460.9M. ROIC is 52.8% per the market data. The Altman Z-Score of 8.32 and Piotroski F-Score of 8/9 are cited in the Roarable RQD rating. Debt fell from $1110.2M in FY 2023 to $16.3M in FY 2025 per the SEC financials, consistent with the Debt/Equity of 0.01 reported in the rating.

Per the news wire, the headlines flag the following:

• Earnings: A headline references Q3 adjusted EPS of $3.11 per share against a FactSet estimate of $1.87. The reported $3.11 figure appears in the wire; the source does not corroborate it against filings.
• Risk Watch (RED): A headline describes a stock drop despite strong Q3 results, citing Q4 margin questions. This is the only item flagged RED in the wire.
• Market action: Per market data, the stock rose 4.28% on the reporting day, with volume of 331,971.
• Other items: Headlines refer to royalty earnings and options positioning, but the wire summaries are generic and do not provide specifics.

Per the Butterfly Supply-Chain Graph, the supply chain is "NONE," with no butterfly links and no proprietary signals.

• What drives the 0% gross margin reported in market data, and how does it reconcile with the high operating margin?
• Which products or licensing arrangements generate the revenue reported in the SEC financials, and how concentrated is that revenue?
• Why did FY 2025 revenue decline while net income increased, and what is the source of the difference?
• What specific 13F holders, options positions, and insider transactions underlie the Whale 13F Flow and Insider Conviction pillar scores?
• What are the EPS figures for FY 2023–FY 2025, since the financials report EPS as N/A?