INDI
indie Semiconductor Inc
NASDAQ: INDI · TECHNOLOGY · SEMICONDUCTORS
$4.51
+10.27% today
Updated 2026-04-30
Market cap
$834.32M
P/E ratio
—
P/S ratio
3.84x
EPS (TTM)
$-0.73
Dividend yield
—
52W range
$2 – $6
Volume
5.6M
indie Semiconductor Inc (INDI) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $28.73M | $22.71M | $22.61M | $48.41M | $110.80M | $223.17M | $216.68M | $217.39M |
| Revenue growth (YoY) | — | -20.9% | -0.4% | +114.1% | +128.9% | +101.4% | -2.9% | +0.3% |
| Cost of revenue | $19.10M | $35.90M | $13.04M | $28.70M | $60.49M | $278.29M | $126.37M | $129.83M |
| Gross profit | $9.63M | $-13.19M | $9.57M | $19.71M | $50.31M | $-55.12M | $90.31M | $87.57M |
| Gross margin | 33.5% | -58.1% | 42.3% | 40.7% | 45.4% | -24.7% | 41.7% | 40.3% |
| R&D | $13.55M | $20.19M | $22.01M | $58.12M | $121.20M | $154.51M | $175.11M | $154.09M |
| SG&A | — | — | $6.80M | $35.99M | $47.94M | $68.13M | $80.94M | $77.69M |
| Operating income | $-8.48M | $-18.91M | $-19.24M | $-74.79M | $-119.13M | $-135.42M | $-170.08M | $-144.21M |
| Operating margin | -29.5% | -83.3% | -85.1% | -154.5% | -107.5% | -60.7% | -78.5% | -66.3% |
| EBITDA | $-6.65M | $-14.92M | $-93.49M | $-111.73M | $-35.67M | $-89.94M | $-93.94M | $-101.98M |
| EBITDA margin | -23.2% | -65.7% | -413.5% | -230.8% | -32.2% | -40.3% | -43.4% | -46.9% |
| EBIT | $-8.48M | $-18.91M | $-96.14M | $-117.69M | $-52.43M | $-121.79M | $-137.00M | $-137.06M |
| Interest expense | $0.00 | $0.00 | $2.19M | $1.24M | $1.69M | $8.65M | $9.26M | $17.64M |
| Income tax | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $-10.21M | $-20.45M | $-97.50M | $-88.04M | $-43.40M | $-117.63M | $-132.60M | $-143.97M |
| Net income growth (YoY) | — | -100.4% | -376.7% | +9.7% | +50.7% | -171.0% | -12.7% | -8.6% |
| Profit margin | -35.5% | -90.1% | -431.2% | -181.9% | -39.2% | -52.7% | -61.2% | -66.2% |