indie Semiconductor, Inc. (INDI) quarterly income statement — complete revenue, gross profit & net income 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 |
|---|
| Sales/Revenue | 55.46M | 58.01M | 53.68M | 51.63M | 54.08M | 58.01M | 53.97M | 52.35M | 52.35M | 70.13M | 60.48M | 52.11M | 40.45M | 33.03M | 30.02M | 25.75M | 22M | 18.96M | 12.16M | 9.18M |
| Revenue Growth % | 2.55% | -0% | -0.54% | -1.38% | 3.29% | -17.29% | -10.77% | 0.47% | 29.42% | 112.35% | 101.48% | 102.32% | 83.88% | 74.18% | 146.9% | 180.56% | 171.12% | 185% | 60.26% | - |
| Cost of Goods Sold | 34.38M | 35.96M | 70.16M | 30.69M | 31.53M | 33.31M | 32.73M | 30.24M | 30.09M | 72.01M | 35.19M | 32.13M | 58.08M | 16.15M | 14.97M | 15.18M | 14.19M | 31.53M | 6.93M | 5.32M |
| COGS % of Revenue | 61.99% | 61.99% | 130.71% | 59.44% | 58.3% | 57.43% | 60.65% | 57.76% | 57.47% | 102.67% | 58.18% | 61.65% | 143.58% | 48.9% | 49.87% | 58.93% | 64.51% | 166.27% | 57% | 57.94% |
| Gross Profit | 21.08M | 22.05M | -16.48M | 20.94M | 22.55M | 24.7M | 21.23M | 22.11M | 22.26M | -1.87M | 25.29M | 19.98M | -17.63M | 16.88M | 15.05M | 10.58M | 7.81M | -12.57M | 5.23M | 3.86M |
| Gross Margin % | 38.01% | 38.01% | -30.71% | 40.56% | 41.7% | 42.57% | 39.35% | 42.24% | 42.53% | -2.67% | 41.82% | 38.35% | -43.58% | 51.1% | 50.13% | 41.07% | 35.49% | -66.27% | 43% | 42.06% |
| Gross Profit Growth % | -6.52% | -10.71% | -177.63% | -5.3% | 1.28% | 1418.53% | -16.03% | 10.68% | 226.28% | -111.1% | 68.08% | 88.91% | -325.82% | 234.3% | 187.85% | 173.94% | 139.04% | -634.04% | 33.27% | - |
| Operating Expenses | 59.95M | 54.67M | 21.86M | 63.93M | 61.48M | 58.59M | 71.14M | 58.75M | 71.91M | 19.7M | 61.44M | 60.71M | 19.35M | 45.84M | 40.91M | 40.55M | 42.14M | 14.36M | 26.48M | 22.36M |
| OpEx % of Revenue | 108.1% | 94.25% | 40.72% | 123.82% | 113.69% | 101% | 131.82% | 112.21% | 137.36% | 28.09% | 101.59% | 116.5% | 47.84% | 138.78% | 136.28% | 157.45% | 191.56% | 75.73% | 217.86% | 243.62% |
| Selling, General & Admin | 21.42M | 19.15M | 0 | 18.36M | 19.37M | 20.33M | 20.85M | 17.45M | 22.32M | 0 | 19.84M | 18.64M | 0 | 12.83M | 10.68M | 12.09M | 12.64M | 0 | 11.44M | 8.88M |
| SG&A % of Revenue | 38.62% | 33.02% | - | 35.55% | 35.81% | 35.04% | 38.63% | 33.32% | 42.64% | - | 32.81% | 35.77% | - | 38.86% | 35.57% | 46.92% | 57.47% | - | 94.12% | 96.71% |
| Research & Development | 38.53M | 35.52M | 37.99M | 38.47M | 42.12M | 38.25M | 45.97M | 41.3M | 49.59M | 34.28M | 41.59M | 42.07M | 36.56M | 33M | 30.23M | 28.47M | 29.5M | 20.91M | 15.04M | 13.49M |
| R&D % of Revenue | 69.47% | 61.23% | 70.77% | 74.51% | 77.88% | 65.94% | 85.18% | 78.89% | 94.72% | 48.88% | 68.78% | 80.73% | 90.39% | 99.92% | 100.71% | 110.53% | 134.09% | 110.28% | 123.74% | 146.91% |
| Other Operating Expenses | 0 | 0 | -1000K | 1000K | 0 | 10K | 1000K | 0 | 0 | -1000K | 0 | 0 | -1000K | 0 | 0 | 0 | 0 | -1000K | 0 | 0 |
| Operating Income | -38.87M | -32.62M | -38.34M | -42.99M | -38.93M | -33.9M | -49.9M | -36.63M | -49.65M | -21.57M | -36.15M | -40.73M | -36.98M | -28.96M | -25.86M | -29.98M | -34.33M | -26.93M | -21.26M | -18.5M |
| Operating Margin % | -70.09% | -56.23% | -71.43% | -83.26% | -72% | -58.43% | -92.47% | -69.97% | -94.83% | -30.76% | -59.77% | -78.16% | -91.42% | -87.69% | -86.15% | -116.39% | -156.07% | -142% | -174.86% | -201.56% |
| Operating Income Growth % | 0.16% | 3.77% | 23.17% | -17.36% | 21.58% | -57.14% | -38.06% | 10.05% | -34.25% | 25.51% | -39.78% | -35.86% | -7.71% | -7.56% | -21.64% | -62% | -323.56% | -289.15% | -571.45% | - |
| EBITDA | -29.48M | -22.93M | -28.1M | -31.76M | -28.41M | -24.21M | -37.34M | -26.19M | -39.27M | -16.2M | -25.11M | -29.93M | -30.95M | -24.83M | -24.71M | -24.39M | -28.43M | -23.36M | -19.8M | -17.9M |
| EBITDA Margin % | -53.16% | -39.52% | -52.35% | -61.51% | -52.54% | -41.74% | -69.19% | -50.03% | -75.02% | -23.1% | -41.52% | -57.44% | -76.5% | -75.19% | -82.32% | -94.72% | -129.23% | -123.17% | -162.86% | -194.97% |
| EBITDA Growth % | -3.76% | 5.31% | 24.75% | -21.26% | 27.65% | -49.47% | -48.71% | 12.48% | -26.91% | 34.77% | -1.62% | -22.68% | -8.85% | -6.32% | -24.8% | -36.3% | -280.95% | -273.62% | -706.15% | - |
| D&A (Non-Cash Add-back) | 9.39M | 9.69M | 10.24M | 11.23M | 10.52M | 9.69M | 12.56M | 10.44M | 10.37M | 5.37M | 11.04M | 10.8M | 6.04M | 4.13M | 1.15M | 5.58M | 5.9M | 3.57M | 1.46M | 605K |
| EBIT | -38.87M | -31.23M | -36.71M | -36.53M | -32.6M | -32.26M | -52.73M | -18.78M | -33.23M | -13.25M | -15.79M | -11.08M | -34.44M | -14.7M | -44.48M | -5.91M | 13.11M | -24.92M | -108.17M | 13.48M |
| Net Interest Income | -3.47M | -3.11M | -2.69M | -2.3M | -2.25M | -1.63M | -1.19M | -1.06M | -797K | -462K | -384K | -274K | 271K | 546K | 446K | -92K | -25K | -51K | -9K | -517K |
| Interest Income | 873K | 1.14M | 1.66M | 2.23M | 2.27M | 1.21M | 994K | 1.08M | 1.31M | 1.65M | 1.86M | 1.87M | 2.42M | 1.75M | 612K | 175K | 33K | 13K | 16K | 13K |
| Interest Expense | 4.34M | 4.25M | 4.35M | 4.53M | 4.52M | 2.84M | 2.18M | 2.13M | 2.11M | 2.12M | 2.24M | 2.14M | 2.15M | 1.2M | 166K | 267K | 58K | 64K | 25K | 530K |
| Other Income/Expense | -8.57M | -2.86M | -2.71M | 1.94M | 1.82M | -1.06M | -5.01M | 15.72M | 14.31M | 5.13M | 18.12M | 27.5M | -48.69M | 12.83M | -18.71M | 23.8M | 47.38M | -7.23M | -86.94M | 31.55M |
| Pretax Income | -47.44M | -35.48M | -41.06M | -41.05M | -37.12M | -34.95M | -54.91M | -20.91M | -35.33M | -16.45M | -18.03M | -13.22M | -85.67M | -16.13M | -44.57M | -6.17M | 13.05M | -34.16M | -108.2M | 13.04M |
| Pretax Margin % | -85.55% | -61.17% | -76.49% | -79.51% | -68.63% | -60.25% | -101.75% | -39.95% | -67.49% | -23.45% | -29.81% | -25.37% | -211.79% | -48.83% | -148.48% | -23.97% | 59.31% | -180.14% | -890% | 142.1% |
| Income Tax | -319K | -3.27M | -363K | 565K | 56K | -584K | -315K | 86K | -1.11M | -1.82M | 650K | 342K | -3.71M | -370K | 863K | -869K | -659K | -361K | -36K | 57K |
| Effective Tax Rate % | 0.67% | 9.22% | 0.88% | -1.38% | -0.15% | 1.67% | 0.57% | -0.41% | 3.14% | 11.07% | -3.61% | -2.59% | 4.33% | 2.29% | -1.94% | 14.08% | -5.05% | 1.06% | 0.03% | 0.44% |
| Net Income | -43.19M | -32.1M | -38.29M | -39.04M | -34.55M | -32.58M | -49.68M | -19.16M | -31.18M | -14.65M | -17.1M | -13.13M | -72.75M | -12.39M | -37.61M | -4.23M | 10.83M | -25.36M | -79.65M | 6.15M |
| Net Margin % | -77.88% | -55.34% | -71.33% | -75.61% | -63.88% | -56.17% | -92.06% | -36.6% | -59.56% | -20.9% | -28.27% | -25.19% | -179.83% | -37.52% | -125.29% | -16.44% | 49.24% | -133.74% | -655.17% | 66.98% |
| Net Income Growth % | -25.03% | 1.48% | 22.93% | -103.75% | -10.8% | -122.33% | -190.59% | -45.96% | 57.14% | -18.26% | 54.54% | -210.04% | -771.52% | 51.13% | 52.78% | -168.86% | 0.17% | 60.1% | -262.72% | - |
| Net Income (Continuing) | -47.12M | -32.21M | -40.69M | -41.62M | -37.17M | -34.37M | -54.59M | -21M | -34.22M | -14.63M | -18.68M | -13.56M | -81.97M | -15.76M | -45.43M | -5.3M | 13.71M | -33.8M | -108.16M | 12.99M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 24.35M | 25.91M | 23.7M | 24.69M | 26.16M | 27.51M | 30.24M | 31.92M | 28.59M | 30.88M | -673K | -1.08M | -3.96M | 1.52M | -18.98M | -14.26M | -16.56M | -21.19M | -17.41M | 11.11M |
| EPS (Diluted) | -0.22 | -0.16 | -0.19 | -0.20 | -0.18 | -0.18 | -0.28 | -0.11 | -0.19 | -0.09 | -0.12 | -0.09 | -0.55 | -0.15 | -0.31 | -0.04 | 0.07 | -0.24 | -0.83 | 0.03 |
| EPS Growth % | -22.22% | 11.11% | 32.14% | -81.82% | 5.26% | -96.51% | -133.33% | -18.92% | 65.45% | 38.93% | 61.29% | -155.52% | -885.71% | 37.5% | 62.65% | -226.13% | -36.36% | 61.9% | -277.27% | - |
| EPS (Basic) | -0.22 | -0.16 | -0.19 | -0.20 | -0.18 | -0.18 | -0.28 | -0.11 | -0.19 | -0.09 | -0.12 | -0.09 | -0.55 | -0.15 | -0.31 | -0.04 | 0.10 | -0.25 | -0.83 | 0.04 |
| Diluted Shares Outstanding | 199.33M | 199.33M | 199.33M | 195.37M | 191.46M | 185.68M | 179.49M | 170.16M | 164.6M | 160M | 146.96M | 141.97M | 131.49M | 125.76M | 120.51M | 116.98M | 147.4M | 106.19M | 96.37M | 127.29M |
| Basic Shares Outstanding | 199.33M | 199.33M | 199.33M | 195.37M | 191.46M | 185.68M | 179.49M | 170.16M | 164.6M | 160M | 146.96M | 141.97M | 131.49M | 125.76M | 120.51M | 116.98M | 111.19M | 103.32M | 95.96M | 94.12M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |