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Side-by-side financial comparison of Black Stone Minerals, L.P. (BSM) and InterDigital, Inc. (IDCC). Click either name above to swap in a different company.

InterDigital, Inc. is the larger business by last-quarter revenue ($205.4M vs $95.2M, roughly 2.2× Black Stone Minerals, L.P.). Black Stone Minerals, L.P. runs the higher net margin — 75.9% vs 36.7%, a 39.2% gap on every dollar of revenue. On growth, InterDigital, Inc. posted the faster year-over-year revenue change (-2.4% vs -8.7%). Over the past eight quarters, InterDigital, Inc.'s revenue compounded faster (-4.1% CAGR vs -9.7%).

Black Stone Minerals, L.P., or Black Stone Minerals, is a Houston, Texas-based oil and natural gas corporation.

InterDigital, Inc. is an American technology research and development company that provides wireless and video technologies for mobile devices, networks, and services worldwide. Founded in 1972, InterDigital is listed on the Nasdaq and is included in the S&P 600 index.

BSM vs IDCC — Head-to-Head

Bigger by revenue
IDCC
IDCC
2.2× larger
IDCC
$205.4M
$95.2M
BSM
Growing faster (revenue YoY)
IDCC
IDCC
+6.3% gap
IDCC
-2.4%
-8.7%
BSM
Higher net margin
BSM
BSM
39.2% more per $
BSM
75.9%
36.7%
IDCC
Faster 2-yr revenue CAGR
IDCC
IDCC
Annualised
IDCC
-4.1%
-9.7%
BSM

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
BSM
BSM
IDCC
IDCC
Revenue
$95.2M
$205.4M
Net Profit
$72.2M
$75.3M
Gross Margin
Operating Margin
78.6%
40.0%
Net Margin
75.9%
36.7%
Revenue YoY
-8.7%
-2.4%
Net Profit YoY
55.8%
-34.8%
EPS (diluted)
$2.14

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
BSM
BSM
IDCC
IDCC
Q1 26
$205.4M
Q4 25
$95.2M
$158.2M
Q3 25
$105.2M
$164.7M
Q2 25
$106.7M
$300.6M
Q1 25
$115.3M
$210.5M
Q4 24
$104.3M
$252.8M
Q3 24
$103.2M
$128.7M
Q2 24
$115.2M
$223.5M
Net Profit
BSM
BSM
IDCC
IDCC
Q1 26
$75.3M
Q4 25
$72.2M
$43.0M
Q3 25
$91.7M
$67.5M
Q2 25
$120.0M
$180.6M
Q1 25
$15.9M
$115.6M
Q4 24
$46.3M
$133.1M
Q3 24
$92.7M
$34.2M
Q2 24
$68.3M
$109.7M
Operating Margin
BSM
BSM
IDCC
IDCC
Q1 26
40.0%
Q4 25
78.6%
30.2%
Q3 25
89.5%
46.0%
Q2 25
68.3%
Q1 25
14.9%
62.6%
Q4 24
45.6%
64.3%
Q3 24
90.2%
30.6%
Q2 24
59.5%
59.9%
Net Margin
BSM
BSM
IDCC
IDCC
Q1 26
36.7%
Q4 25
75.9%
27.2%
Q3 25
87.2%
41.0%
Q2 25
112.5%
60.1%
Q1 25
13.8%
54.9%
Q4 24
44.4%
52.7%
Q3 24
89.9%
26.6%
Q2 24
59.3%
49.1%
EPS (diluted)
BSM
BSM
IDCC
IDCC
Q1 26
$2.14
Q4 25
$1.07
Q3 25
$1.93
Q2 25
$5.35
Q1 25
$3.45
Q4 24
$4.12
Q3 24
$1.14
Q2 24
$3.93

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
BSM
BSM
IDCC
IDCC
Cash + ST InvestmentsLiquidity on hand
$1.5M
Total DebtLower is stronger
$377.8M
Stockholders' EquityBook value
$1.1B
Total Assets
$1.3B
$2.1B
Debt / EquityLower = less leverage
0.34×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BSM
BSM
IDCC
IDCC
Q1 26
Q4 25
$1.5M
$1.2B
Q3 25
$2.9M
$1.3B
Q2 25
$2.5M
$937.0M
Q1 25
$2.4M
$883.3M
Q4 24
$2.5M
$958.2M
Q3 24
$21.0M
$813.2M
Q2 24
$26.7M
$760.3M
Total Debt
BSM
BSM
IDCC
IDCC
Q1 26
$377.8M
Q4 25
$16.3M
Q3 25
$17.1M
Q2 25
$16.6M
Q1 25
$16.0M
Q4 24
$15.4M
Q3 24
$18.3M
Q2 24
$17.7M
Stockholders' Equity
BSM
BSM
IDCC
IDCC
Q1 26
$1.1B
Q4 25
$1.1B
Q3 25
$1.1B
Q2 25
$1.1B
Q1 25
$936.9M
Q4 24
$857.2M
Q3 24
$722.5M
Q2 24
$696.8M
Total Assets
BSM
BSM
IDCC
IDCC
Q1 26
$2.1B
Q4 25
$1.3B
$2.1B
Q3 25
$1.3B
$2.1B
Q2 25
$1.3B
$2.0B
Q1 25
$1.2B
$1.9B
Q4 24
$1.2B
$1.8B
Q3 24
$1.2B
$1.7B
Q2 24
$1.2B
$1.6B
Debt / Equity
BSM
BSM
IDCC
IDCC
Q1 26
0.34×
Q4 25
0.01×
Q3 25
0.02×
Q2 25
0.02×
Q1 25
0.02×
Q4 24
0.02×
Q3 24
0.03×
Q2 24
0.03×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
BSM
BSM
IDCC
IDCC
Operating Cash FlowLast quarter
$65.1M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
0.90×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BSM
BSM
IDCC
IDCC
Q1 26
Q4 25
$65.1M
$544.5M
Q3 25
$99.8M
$395.9M
Q2 25
$80.5M
$105.1M
Q1 25
$64.8M
$-20.0M
Q4 24
$91.0M
$271.5M
Q3 24
$93.2M
$77.6M
Q2 24
$100.4M
$-48.9M
Free Cash Flow
BSM
BSM
IDCC
IDCC
Q1 26
Q4 25
$528.6M
Q3 25
$395.3M
Q2 25
$104.5M
Q1 25
$-34.5M
Q4 24
$265.7M
Q3 24
$76.7M
Q2 24
$-49.5M
FCF Margin
BSM
BSM
IDCC
IDCC
Q1 26
Q4 25
334.0%
Q3 25
240.1%
Q2 25
34.8%
Q1 25
-16.4%
Q4 24
105.1%
Q3 24
59.6%
Q2 24
-22.1%
Capex Intensity
BSM
BSM
IDCC
IDCC
Q1 26
Q4 25
10.0%
Q3 25
0.4%
Q2 25
0.2%
Q1 25
6.9%
Q4 24
2.3%
Q3 24
0.7%
Q2 24
0.3%
Cash Conversion
BSM
BSM
IDCC
IDCC
Q1 26
Q4 25
0.90×
12.67×
Q3 25
1.09×
5.87×
Q2 25
0.67×
0.58×
Q1 25
4.07×
-0.17×
Q4 24
1.96×
2.04×
Q3 24
1.01×
2.27×
Q2 24
1.47×
-0.45×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

BSM
BSM

Oil Reserves$46.4M49%
Natural Gas Reserves$44.1M46%
Real Estate$4.7M5%

IDCC
IDCC

Segment breakdown not available.

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