indie Semiconductor, Inc. (INDI) Financial Statements
Industry: Semiconductors & Related Devices
In fiscal 2025, indie Semiconductor reported revenue of $217.4M, up 0.3% from $216.7M the year before. Net income was -$143.1M (a -65.8% net margin), or -$0.73 per diluted share. Gross margin was 39.9% and operating margin was -70.9%. Operating activities generated -$57.1M of cash, leaving -$71.4M of free cash flow. At fiscal year end, indie Semiconductor held $840.8M in total assets against $456.8M in total liabilities, including $145.5M of cash and equivalents.
Open the full interactive indie Semiconductor financials → Quarterly statements, key ratios, valuation history and price charts.
indie Semiconductor Key Stats
| Share Price | $2.21 |
|---|---|
| Market Cap | $469.6M |
| Revenue YoY Growth | +0.3% |
| 52-Week Range | $2.21 – $6.00 |
| Shares Outstanding | 212.0 million (basic, 2026 Q2) |
indie Semiconductor Income Statement
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Revenue | $48.4M | $110.8M | $223.2M | $216.7M | $217.4M |
| Cost of Goods Sold | $28.7M | $60.5M | $133.6M | $126.4M | $130.8M |
| Gross Profit | $19.7M | $50.3M | $89.6M | $90.3M | $86.6M |
| Operating Income | -$74.8M | -$119.1M | -$135.4M | -$170.1M | -$154.2M |
| Pre-Tax Income | -$118.9M | -$53.8M | -$133.4M | -$146.1M | -$153.7M |
| Income Tax | -$327,000 | -$1.0M | -$4.5M | -$1.9M | -$3.0M |
| Net Income | -$88.0M | -$43.4M | -$117.6M | -$132.6M | -$143.1M |
| Diluted EPS | -$1.26 | -$0.37 | -$0.81 | -$0.76 | -$0.73 |
indie Semiconductor Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $53.7M | $58.0M | $55.5M | $64.0M |
| Net Income | -$38.3M | -$31.2M | -$43.2M | -$37.1M |
| Diluted EPS | -$0.19 | -$0.16 | -$0.21 | -$0.17 |
indie Semiconductor Balance Sheet
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Cash & Equivalents | $219.1M | $321.6M | $151.7M | $274.2M | $145.5M |
| Current Assets | $248.0M | $373.9M | $271.8M | $408.7M | $285.8M |
| Total Assets | $470.9M | $603.4M | $818.9M | $941.4M | $840.8M |
| Current Liabilities | $33.7M | $64.0M | $138.9M | $84.9M | $76.5M |
| Total Long-Term Debt | $5.6M | $155.7M | $156.7M | $381.3M | $353.4M |
| Total Liabilities | $179.0M | $289.0M | $341.9M | $496.0M | $456.8M |
| Shareholders' Equity | $313.0M | $312.8M | $446.1M | $417.9M | $358.0M |
indie Semiconductor Cash Flow Statement
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Cash From Operations | -$55.8M | -$76.7M | -$104.4M | -$58.6M | -$57.1M |
| Cash From Investing | -$84.3M | -$16.3M | -$107.7M | -$19.3M | -$32.0M |
| Cash From Financing | $340.6M | $192.7M | $43.6M | $209.3M | -$38.9M |
| Free Cash Flow | -$58.5M | -$84.3M | -$117.1M | -$72.9M | -$71.4M |
Figures from indie Semiconductor's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full indie Semiconductor financials page for every line item.
indie Semiconductor Company Profile
| Ticker | INDI |
|---|---|
| Exchange | Nasdaq |
| Industry | Semiconductors & Related Devices |
| Headquarters | Aliso Viejo, California |
| Incorporated in | Delaware |
| Fiscal Year End | December 31 |
| SEC Filer Category | Large accelerated filer |
| SEC CIK | 0001841925 |
Frequently Asked Questions
What was indie Semiconductor's revenue in fiscal 2025?
indie Semiconductor (INDI) reported revenue of $217.4M for fiscal 2025.
What is indie Semiconductor's annual revenue history?
indie Semiconductor's annual revenue by fiscal year: 2021: $48.4M; 2022: $110.8M; 2023: $223.2M; 2024: $216.7M; 2025: $217.4M.
What was indie Semiconductor's net income in fiscal 2025?
indie Semiconductor reported net income of -$143.1M for fiscal 2025.
What was indie Semiconductor's earnings per share (EPS) in fiscal 2025?
indie Semiconductor's diluted EPS was -$0.73 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did indie Semiconductor generate in fiscal 2025?
indie Semiconductor generated -$71.4M of free cash flow in fiscal 2025.
What was indie Semiconductor's revenue last quarter?
In its most recent reported quarter (2026 Q2), indie Semiconductor reported revenue of $64.0M.
How much debt does indie Semiconductor have?
indie Semiconductor reported $353.4M of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of indie Semiconductor are outstanding?
indie Semiconductor reported a weighted average of 212.0 million basic shares outstanding in 2026 Q2.
What is indie Semiconductor's market cap?
Based on its latest closing price, indie Semiconductor (INDI) has a market capitalization of about $469.6M.
When does indie Semiconductor's fiscal year end?
indie Semiconductor's fiscal year end, as registered with the SEC, is December 31.
Where is indie Semiconductor headquartered?
indie Semiconductor lists its business address in Aliso Viejo, California in its SEC filings.