5 Most Profitable Tech Stocks to Buy Right Now

2. InterDigital, Inc. (NASDAQ:IDCC)

Net Profit Margin: 44.20%

Operating Margin:  40.05%

On April 30, InterDigital, Inc. (NASDAQ:IDCC) reported first quarter 2026 figures topped guidance, reporting revenue, adjusted EBITDA, and EPS above internal targets while reaffirming full year outlook.

CEO Liren Chen said the company signed six agreements, including a Xiaomi renewal. He added that those deals pushed performance beyond expectations and extended licensing momentum. The company posted annualized recurring revenue rising 13% YoY to $567.2 million, with smartphone ARR soaring by 18% to $491.8 million.

InterDigital, Inc. (NASDAQ:IDCC) reported $63.6 million in catch-up revenue. The firm also noted that operating expenses rose $44.5 million due to higher revenue-sharing costs tied to the LG agreement and higher IP enforcement spending. Chen revealed that the cumulative contract value reached $4.7 billion over five years, stating the firm now licenses the top three smartphone vendors through the decade end.

The company said it reaffirmed 2026 guidance and projected second-quarter revenue of $139 million to $143 million, alongside full-year revenue of $675 million to $775 million.

InterDigital, Inc. (NASDAQ:IDCC) is a global research and development corporation dealing with wireless, video, artificial intelligence, and related technologies. It is primarily engaged in the creation and development of communications and entertainment products and services.