Interdigital vs SPS Commerce
Interdigital and SPS Commerce are similar in size: $834m and $752m of revenue in their latest fiscal years. SPS Commerce grew faster (17.8% against -4.0%). Interdigital kept more of each dollar of sales as profit: a net margin of 48.8% against 12.4%.
| Latest fiscal year | InterdigitalIDCC, 2025 | SPS CommerceSPSC, 2025 |
|---|---|---|
| Revenue | $834m | $752m |
| Revenue growth | -4.0% | 17.8% |
| Net income | $407m | $93.3m |
| Operating margin | 55.3% | — |
| Net margin | 48.8% | 12.4% |
| Return on equity | 41.5% | 10.2% |
| Free cash flow | $529m | $152m |
| Cash | $739m | $151m |
| Total debt | $475m | $0 |
| Debt to equity | 43.1% | — |
| Dividend per share | $2.60 | — |
| Dividend yield | 0.9% | — |
| Share buybacks | $102m | $114m |
| Employees | — | — |
| Market value | $8.18bn | $3.07bn |
| Price vs our value range | Above our value range | Within our value range |
| Moat score | 43 (Weak) | 64 (Moderate) |
| Insider trades, 12 months | 0 buys, 96 sales | 0 buys, 14 sales |