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INDIindie Semiconductor, Inc.
$4.12$871M
Overview & Verdict
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INDI logoindie Semiconductor, Inc.(INDI)Earnings, Financials & Key Ratios

INDI•NASDAQ
$4.12
Price updated Jul 7, 2026
SectorTechnologyIndustrySemiconductorsSub-IndustryAnalog, Mixed-Signal and RF Chips
Aboutindie Semiconductor, Inc. provides automotive semiconductors and software solutions for advanced driver assistance systems, connected car, user experience, and electrification applications. It offers devices for a multitude of automotive applications spanning ultrasound for parking assistance, in cabin wireless charging, infotainment and LED lighting for enhancing the user experience, and telematics and cloud access for connectivity; and photonic components on various technology platforms, including fiber bragg gratings, low noise lasers, athermal and tunable packaging, photonic integration, and low noise and high-speed electronics for the laser systems, optical sensing, and optical communication markets. The company was incorporated in 2007 and is headquartered in Aliso Viejo, California.Show more
  • Revenue$217M+0.3%
  • EBITDA-$109M+14.1%
  • Net Income-$144M-8.6%
  • EPS (Diluted)-0.72+5.3%
  • Gross Margin40.28%-3.4%
  • EBITDA Margin-50.2%+14.4%
  • Operating Margin-66.34%+15.5%
  • Net Margin-66.23%-8.2%
  • ROE-34.77%-20.9%

INDI Price & Volume

indie Semiconductor, Inc. (INDI) stock price & volume — 10-year historical chart

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Persistent Operating Losses Challenge Automotive Growth Trajectory

Investment Thesis • Updated 2026Q1

VerdictNegative
Growth:Decelerating
Profitability:Negative
Financial:Strained
Cash Flow:Burning
Primary Risk:Persistent negative operating margins

Key Thesis Takeaways

  • indie Semiconductor faces a precarious financial outlook characterized by stagnant revenue growth, which reached only 2.6% in 2026Q1, and a persistent inability to achieve positive operating margins, which stood at -70.1% in the same period.
  • The company's reliance on debt financing, evidenced by a debt-to-equity ratio that has surged to 1.23, combined with a significant $289.7 million goodwill balance, suggests substantial long-term execution risk.
  • Investors should remain cautious as the firm continues to burn through cash, with quarterly free cash flow outflows reaching as high as $31.4 million, to support an R&D-heavy strategy that has yet to demonstrate a clear path to profitability.

Verdict Logic

the company's reliance on external funding is underscored by a $680.3 million accumulated deficit in retained earnings and a consistent failure to generate positive operating cash flow.

INDI Growth Metrics

indie Semiconductor, Inc. (INDI) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years-
5 Years57.25%
3 Years25.19%
TTM0.17%

Profit CAGR

10 Years-
5 Years-
3 Years-
TTM-12.24%

EPS CAGR

10 Years-
5 Years-
3 Years-
TTM-2.67%

Return on Capital

10 Years-22.69%
5 Years-25.91%
3 Years-20.72%
Last Year-17.81%

INDI Recent Earnings

indie Semiconductor, Inc. (INDI) EPS & revenue vs analyst estimates — last 4 quarters

Full history →
●Beat EPS 0/12 qtrs (0%)●Beat Revenue 3/12 qtrs (25%)
Q2 2026Latest
May 7, 2026
Metric
Actual
Est
EPS
$0.06+0.0%
$0.06
Rev
$55M+0.7%
$55M
Q1 2026
Feb 19, 2026
Metric
Actual
Est
EPS
$0.07+0.0%
$0.07
Rev
$58M+1.6%
$57M
Q4 2025
Nov 6, 2025
Metric
Actual
Est
EPS
$0.07-16.7%
$0.06
Rev
$54M-6.0%
$57M
Q3 2025
Aug 7, 2025
Metric
Actual
Est
EPS
$0.08+0.0%
$0.08
Rev
$52M+0.3%
$51M
QuarterDateEPS (Act vs Est)Revenue (Act vs Est)
Q2 2026LatestMay 7, 2026
$0.06vs $0.06+0.0%
$55Mvs $55M+0.7%
Q1 2026Feb 19, 2026
$0.07vs $0.07+0.0%
$58Mvs $57M+1.6%
Q4 2025Nov 6, 2025
$0.07vs $0.06-16.7%
$54Mvs $57M-6.0%
Q3 2025Aug 7, 2025
$0.08vs $0.08+0.0%
$52Mvs $51M+0.3%
Based on last 12 quarters of dataView full earnings history →

Latest INDI News

Recent stock market news and headlines for indie Semiconductor, Inc. (INDI)

Business Wire·13h ago
indie Sets Date for Second Quarter 2026 Earnings Release and Conference Call

ALISO VIEJO, Calif.--(BUSINESS WIRE)--indie Semiconductor (Nasdaq: INDI), an automotive solutions innovator, plans to conduct a conference call with analysts to discuss its second quarter 2026 results and business outlook on August 6, 2026, at 5:00 p.m. Eastern time. After the close of the market on August 6 and prior to the conference call, indie Semiconductor (“indie”) will issue a copy of the earnings press release via Business Wire. The press release may also be viewed on indie's website at.

GuruFocus·Jun 22, 2026
indie Announces Changes to Board of Directors

indie Semiconductor (Nasdaq: INDI), an automotive solutions innovator, today announced that Dr. Ichiro Aoki will resign from his position as President of indie

Business Wire·Jun 22, 2026
indie Announces Changes to Board of Directors

ALISO VIEJO, Calif.--(BUSINESS WIRE)--indie Semiconductor (Nasdaq: INDI), an automotive solutions innovator, today announced that Dr. Ichiro Aoki will resign from his position as President of indie and member of indie's board of directors, effective June 29, 2026, and has appointed Mr. Thomas Schiller to its board of directors. Dr. Aoki has been with indie since its inception and is renowned as one of the Company's co-founders, serving as indie's President, managing the execution of the Company.

Peers Comparison

Key metrics vs top competitors for indie Semiconductor, Inc. (INDI)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
INDI logoINDIindie Semiconductor, Inc.Current
$4.12$870.51M-5.720.33%-66.23%-34.77%—
MPWR logoMPWRMonolithic Power Systems, Inc.
$1272.81$62.53B99.8326.43%22.84%19.05%—
ALGM logoALGMAllegro MicroSystems, Inc.
$51.55$9.55B-640.3722.77%-1.67%-1.57%—
DIOD logoDIODDiodes Incorporated
$91.57$4.21B64.0413.04%5.5%4.4%—
SITM logoSITMSiTime Corporation
$592.19$15.63B-344.3061.16%-6.38%-2.15%—
AEVA logoAEVAAeva Technologies, Inc.
$21.57$1.36B-8.4699.44%-693.94%——

Compare INDI vs Peers

indie Semiconductor, Inc. (INDI) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs MPWR

Most directly comparable listed peer for INDI.

Scale Benchmark

vs NVDA

Larger-name benchmark to compare INDI against a more recognizable public peer.

Peer Set

Compare Top 5

vs MPWR, ALGM, DIOD, SITM

INDI SEC Filings & Documents

indie Semiconductor, Inc. (INDI) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

May 11, 2026·SEC

Material company update

May 7, 2026·SEC

Material company update

Mar 18, 2026·SEC

10-K Annual Reports

2
FY 2026

Feb 27, 2026·SEC

FY 2025

Mar 3, 2025·SEC

10-Q Quarterly Reports

6
FY 2026

May 11, 2026·SEC

FY 2025

Nov 7, 2025·SEC

FY 2025

Aug 8, 2025·SEC

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INDI Frequently Asked Questions

indie Semiconductor, Inc. (INDI) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
What is indie Semiconductor, Inc.'s revenue?

indie Semiconductor, Inc. (INDI) reported $218.8M in revenue for fiscal year 2025. This represents a 662% increase from $28.7M in 2018.

How fast is indie Semiconductor, Inc. growing?

indie Semiconductor, Inc. (INDI) grew revenue by 0.3% over the past year. Growth has been modest.

Is INDI profitable?

indie Semiconductor, Inc. (INDI) reported a net loss of $152.6M for fiscal year 2025.

Dividend & Returns
What is INDI's return on equity?

indie Semiconductor, Inc. (INDI) has a return on equity (ROE) of -34.8%. Negative ROE indicates the company is unprofitable.

What is indie Semiconductor, Inc.'s free cash flow?

indie Semiconductor, Inc. (INDI) had negative free cash flow of $65.3M in fiscal year 2025, likely due to heavy capital investments.

What if you invested $1,000 in INDI back in 2018?

Total return calculator · dividends reinvested · 8+ years of data

See returns →