indie Semiconductor, Inc. (INDI) quarterly cash flow statement — complete operating, investing & financing history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Cash from Operations | -22.13M | -14.31M | -6.17M | -7.61M | -29.05M | -6.72M | -22.8M | -19.72M | -9.35M | -16.41M | -14.84M | -40.26M | -32.88M | -17.93M | -21.93M | -21.17M | -15.71M | -18.91M | -14.78M | -13.04M |
| Operating CF Margin % | -39.9% | -24.66% | -11.49% | -14.73% | -53.72% | -11.59% | -42.26% | -37.67% | -17.86% | -23.4% | -24.53% | -77.25% | -81.29% | -54.29% | -73.07% | -82.19% | -71.43% | -99.71% | -121.58% | -142.07% |
| Operating CF Growth % | 23.84% | -112.78% | 72.96% | 61.44% | -210.74% | 59.02% | -53.7% | 51% | 71.57% | 8.49% | 32.35% | -90.17% | -109.27% | 5.16% | -48.4% | -62.31% | -72.85% | -182.56% | -288.54% | - |
| Net Income | -43.19M | -32.1M | -38.29M | -41.62M | -34.55M | -34.37M | -54.59M | -19.16M | -31.18M | -14.11M | -18.68M | -13.13M | -81.97M | -15.76M | -37.61M | -4.23M | 10.83M | -25.36M | -108.16M | 12.99M |
| Depreciation & Amortization | 9.39M | 10.77M | 11.07M | 11.23M | 10.52M | 9.69M | 12.56M | 10.44M | 10.37M | 6.19M | 11.04M | 10.8M | 6.56M | 4.13M | 1.15M | 5.58M | 5.9M | 3.57M | 1.15M | 605K |
| Stock-Based Compensation | 0 | 0 | 0 | 14.99M | 17.23M | 11.88M | 17.86M | 11.93M | 25.58M | 7.14M | 12.79M | 0 | 11.39M | 11.04M | 0 | 0 | 0 | 8.72M | 6.22M | 7.97M |
| Deferred Taxes | 0 | -536K | 0 | 0 | 0 | -5.37M | 0 | 0 | -1.11M | 4.53M | -5.01M | 0 | -3.72M | -3.53M | 1.53M | 0 | 0 | 0 | 0 | 0 |
| Other Non-Cash Items | 24.53M | 15.06M | 17.81M | -405K | -6.11M | 1.54M | 8.37M | -17.89M | -16.23M | -1.27M | -18.54M | -12.05M | 51.79M | -11.8M | 21.66M | -16.04M | -31.51M | -4.94M | 87.29M | -31.87M |
| Working Capital Changes | -12.85M | -7.5M | 3.25M | 8.19M | -16.15M | 9.91M | -7M | -5.04M | 3.22M | -18.89M | 3.57M | -25.88M | -16.95M | -2M | -8.67M | -6.48M | -941K | -898K | -1.27M | -2.73M |
| Change in Receivables | -3.12M | -3.71M | 6.45M | 5.01M | -10.62M | 919K | 3.21M | -6.29M | 11.75M | -19.15M | -7.16M | -10.71M | 4.82M | -3.31M | -7.1M | 43K | -1.8M | -1.43M | -1.7M | -187K |
| Change in Inventory | -8.48M | -2.37M | 691K | 1.72M | 2.48M | 271K | -11.47M | -4.72M | -1.05M | 6.7M | 2.99M | -5.5M | -9.97M | -1.89M | 42K | -2.21M | -235K | -441K | -2.2M | 216K |
| Change in Payables | 2.83M | 2.08M | -959K | 1.13M | -9.98M | 3.08M | 2.26M | 6.07M | -414K | -1.04M | 1.04M | 1.25M | -2.94M | 4.47M | 1M | 674K | 1.27M | 0 | 836K | -747K |
| Cash from Investing | -3.21M | -1.74M | -21.84M | -6.01M | -2.38M | -2.53M | -7.55M | -3.66M | -5.52M | -4.17M | 1.42M | -3.37M | -101.63M | -3.06M | -2.66M | -1.28M | -9.27M | -81.87M | -1.6M | -691K |
| Capital Expenditures | -3.21M | -1.74M | -4.16M | -6.01M | -2.38M | -1.83M | -6.53M | -3.66M | -2.32M | -4.17M | -2.02M | -3.37M | -3.2M | -3.06M | -2.66M | -1.28M | -565K | -1.01M | -859K | -669K |
| CapEx % of Revenue | 5.79% | 3% | 7.75% | 11.65% | 4.4% | 3.16% | 12.09% | 6.99% | 4.43% | 5.95% | 3.33% | 6.46% | 7.91% | 9.27% | 8.87% | 4.97% | 2.57% | 5.35% | 7.07% | 7.29% |
| Acquisitions | 0 | 0 | -17.67M | 0 | 0 | 0 | 0 | 0 | -3.2M | -1K | 3.44M | 0 | -98.43M | 0 | 0 | 0 | -8.71M | -80.26M | 0 | 0 |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 0 | 0 | 0 | 0 | 0 | -700K | -1.02M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -604K | -741K | -22K |
| Cash from Financing | 55.06M | -3.06M | -1.92M | -29.27M | -4.69M | 185.88M | 16.9M | -322K | 6.88M | 9.37M | -1.53M | 14.66M | 21.07M | 190.13M | 10.38M | -7.13M | -720K | -3.69M | -14.13M | 359.1M |
| Debt Issued (Net) | 57.54M | -933K | 212K | -24.82M | -2.91M | 183.25M | 6.45M | -553K | 9.25M | -10.01M | 1.37M | -1.09M | -11.08M | 159.69M | -354K | 77K | -68K | -1.92M | 0 | -9.85M |
| Equity Issued (Net) | 0 | 2K | 3K | 0 | 1K | 6.18M | 10.92M | 2.32M | 24K | 13.48M | -1.14M | 17.82M | 34.95M | 39.39M | 12.03M | 20K | 52K | -1.84M | 0 | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -17.25B | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -7.4M | 0 | 0 | 0 | -1.84M | 0 | 0 |
| Other Financing | -2.48M | -2.13M | -2.13M | -4.44M | -1.78M | -3.56M | -472K | -2.09M | -2.39M | 17.26B | -1.76M | -2.07M | -2.8M | -8.95M | -1.3M | -7.22M | -704K | 66K | -14.13M | 368.95M |
| Net Change in Cash | 28.97M | -15.42M | -31.69M | -44.05M | -37.64M | 177.35M | -15.45M | -25.53M | -3.5M | -8.97M | -20.01M | -26.74M | -114.48M | 171.11M | -13.36M | -29.23M | -26.1M | -104.4M | -30.34M | 345.33M |
| Free Cash Flow | -25.34M | -16.05M | -10.33M | -13.62M | -31.43M | -9.26M | -30.35M | -23.39M | -11.67M | -20.58M | -16.85M | -43.62M | -36.08M | -20.99M | -24.59M | -22.45M | -16.28M | -19.92M | -16.38M | -13.73M |
| FCF Margin % | -45.69% | -27.66% | -19.24% | -26.38% | -58.12% | -15.96% | -56.24% | -44.67% | -22.28% | -29.34% | -27.87% | -83.71% | -89.2% | -63.55% | -81.94% | -87.16% | -74% | -105.06% | -134.74% | -149.6% |
| FCF Growth % | 19.38% | -73.35% | 65.97% | 41.76% | -169.41% | 55.02% | -80.09% | 46.39% | 67.67% | 1.95% | 31.48% | -94.31% | -121.66% | -5.37% | -50.15% | -63.47% | -75.95% | -196.25% | -279.61% | - |
| FCF per Share | -0.13 | -0.08 | -0.05 | -0.07 | -0.16 | -0.05 | -0.17 | -0.14 | -0.07 | -0.13 | -0.11 | -0.31 | -0.27 | -0.17 | -0.20 | -0.19 | -0.11 | -0.19 | -0.17 | -0.11 |
| FCF Conversion (FCF/Net Income) | 0.51x | 0.45x | 0.16x | 0.19x | 0.84x | 0.21x | 0.46x | 1.03x | 0.30x | 1.12x | 0.87x | 3.07x | 0.45x | 1.45x | 0.58x | 5.00x | -1.45x | 0.75x | 0.19x | -2.12x |
| Interest Paid | 0 | 0 | 0 | 0 | 85K | 3.65M | 59K | 0 | 0 | 0 | 0 | 0 | 88K | 158K | 0 | 0 | 0 | 46K | 51K | 797K |
| Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |