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indie Semiconductor, Inc.

INDI

NASDAQTechnologySemiconductors

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$4.15

+$0.15 · +3.75%

Aug 21, 4:00 PM ET

INDI company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Hold

Wait — insufficient conviction to act

Valuation

48

Fair Value

Momentum

53

Neutral

Sentiment

51

Mixed

Risk resilience

31

High Risk

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Company profile

Company website

indie Semiconductor, Inc. specializes in delivering cutting-edge semiconductor and software solutions, primarily targeting the automotive industry. Their offerings enhance critical functions such as advanced driver assistance systems (ADAS), in-car connectivity, the overall user experience, and vehicle electrification. Within the automotive domain, their products encompass ultrasound technology for parking assistance, integrated wireless charging systems for vehicle cabins, sophisticated infotainment platforms, and LED lighting solutions designed to elevate passenger comfort. Furthermore, they facilitate robust vehicle connectivity through telematics and cloud access technologies. Beyond the automotive sector, the company also engineers photonic components leveraging a variety of technological platforms. These include fiber Bragg gratings, low-noise lasers, athermal and tunable packaging, photonic integration, and high-speed, low-noise electronics. These advanced photonic products cater to diverse markets such as laser systems, optical sensing, and optical communication. Founded in 2007, indie Semiconductor, Inc. is headquartered in Aliso Viejo, California.

Industry
Semiconductors
Sector
Technology
Headquarters
US
CEO
Donald McClymont
Listed since
Oct 4, 2019
Employees
800

Market position

Day range

Current $4.15

52-week range

Current $4.15

Open
$4.0915
Previous close
$4.00
Volume
8.41M
1.32× average
Average volume
6.38M
Average daily volume
Market cap
876.85M USD
Beta
2.77
Market reference 1
50-day average
$3.9261
+5.70% above average
200-day average
$3.832
+8.30% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
927.37M USD
P/E (TTM)
-5.61×
P/B (TTM)
2.99×
P/S (TTM)
3.79×
EV / EBITDA
-9.09×
Earnings yield
-20.46%
Free cash flow yield
-10.15%
Dividend yield
0.00%

Profitability & efficiency

Gross margin
21.51%
Operating margin
-62.69%
Net margin
-65.18%
Return on equity
-40.35%
Return on assets
-17.12%
Return on invested capital
-18.21%

Financial health

Debt / equity
1.46×
Current ratio
3.67×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends68%-23%-114%-205%Gross margin, FY2021: 40.71%Gross margin, FY2022: 45.40%Gross margin, FY2023: -24.70%Gross margin, FY2024: 41.68%Gross margin, FY2025: 40.28%Operating margin, FY2021: -154.49%Operating margin, FY2022: -107.52%Operating margin, FY2023: -60.68%Operating margin, FY2024: -78.49%Operating margin, FY2025: -66.34%Net margin, FY2021: -181.86%Net margin, FY2022: -39.17%Net margin, FY2023: -52.71%Net margin, FY2024: -61.20%Net margin, FY2025: -66.23%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 40.71%. Gross margin FY2022 45.40%. Gross margin FY2023 -24.70%. Gross margin FY2024 41.68%. Gross margin FY2025 40.28%. Operating margin FY2021 -154.49%. Operating margin FY2022 -107.52%. Operating margin FY2023 -60.68%. Operating margin FY2024 -78.49%. Operating margin FY2025 -66.34%. Net margin FY2021 -181.86%. Net margin FY2022 -39.17%. Net margin FY2023 -52.71%. Net margin FY2024 -61.20%. Net margin FY2025 -66.23%.

Income trends

Revenue

217.39M USD+0.33%

Operating income

−144.21M USD+15.21%

Net income

−143.97M USD-8.57%
Income trends across reported periods262.49M USD105.19M USD−52.11M USD−209.4M USDRevenue, FY2021: 48.41M USDRevenue, FY2022: 110.8M USDRevenue, FY2023: 223.17M USDRevenue, FY2024: 216.68M USDRevenue, FY2025: 217.39M USDOperating income, FY2021: −74.79M USDOperating income, FY2022: −119.13M USDOperating income, FY2023: −135.42M USDOperating income, FY2024: −170.08M USDOperating income, FY2025: −144.21M USDNet income, FY2021: −88.04M USDNet income, FY2022: −43.4M USDNet income, FY2023: −117.63M USDNet income, FY2024: −132.6M USDNet income, FY2025: −143.97M USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 48.41M USD. Revenue FY2022 110.8M USD. Revenue FY2023 223.17M USD. Revenue FY2024 216.68M USD. Revenue FY2025 217.39M USD. Operating income FY2021 −74.79M USD. Operating income FY2022 −119.13M USD. Operating income FY2023 −135.42M USD. Operating income FY2024 −170.08M USD. Operating income FY2025 −144.21M USD. Net income FY2021 −88.04M USD. Net income FY2022 −43.4M USD. Net income FY2023 −117.63M USD. Net income FY2024 −132.6M USD. Net income FY2025 −143.97M USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue217.39M USD216.68M USD223.17M USD110.8M USD48.41M USD
Cost of goods sold129.83M USD126.37M USD278.29M USD60.49M USD28.7M USD
Gross profit87.57M USD90.31M USD−55.12M USD50.31M USD19.71M USD
Research and development154.09M USD175.11M USD154.51M USD121.2M USD58.12M USD
Selling, general, and administrative77.69M USD80.95M USD—48.24M USD36.38M USD
Operating expenses231.78M USD260.39M USD80.31M USD169.43M USD94.5M USD
Interest income7.29M USD4.59M USD7.8M USD2.57M USD49K USD
Interest expense17.64M USD9.26M USD8.65M USD1.69M USD1.24M USD
Depreciation and amortization35.08M USD43.06M USD31.85M USD16.76M USD5.97M USD
Operating income−144.21M USD−170.08M USD−135.42M USD−119.13M USD−74.79M USD
Net income−143.97M USD−132.6M USD−117.63M USD−43.4M USD−88.04M USD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
9%
1 beat, 3 misses, 7 met estimates
Average EPS surprise
-4.23%
11 comparable reports
Latest EPS result
-0.05
Estimate -0.05 · Beat by 4.53%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates-0.03-0.06-0.09-0.12Q1 '25MetQ2 '25MetQ3 '25MetQ4 '25MissQ1 '26MetQ2 '26MetQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Feb 20, 2025: actual -0.07, estimate -0.07, surprise 0.00%, Met estimate. Q2 2025, reported May 12, 2025: actual -0.08, estimate -0.08, surprise 0.00%, Met estimate. Q3 2025, reported Aug 7, 2025: actual -0.08, estimate -0.08, surprise 0.00%, Met estimate. Q4 2025, reported Nov 6, 2025: actual -0.07, estimate -0.06, surprise -16.67%, Miss. Q1 2026, reported Feb 19, 2026: actual -0.07, estimate -0.07, surprise 0.00%, Met estimate. Q2 2026, reported May 7, 2026: actual -0.06, estimate -0.06, surprise 0.00%, Met estimate. Q3 2026, reported Aug 6, 2026: actual -0.05, estimate -0.052, surprise +4.53%, Beat. Q4 2026, reported Nov 5, 2026: actual —, estimate -0.04, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates73.02M64.9M56.79M48.67MQ1 '25MissQ2 '25MissQ3 '25BeatQ4 '25MissQ1 '26BeatQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Feb 20, 2025: actual 58.01M USD, estimate 58.2M USD, surprise -0.32%, Miss. Q2 2025, reported May 12, 2025: actual 54.08M USD, estimate 54.73M USD, surprise -1.19%, Miss. Q3 2025, reported Aug 7, 2025: actual 51.63M USD, estimate 51.48M USD, surprise +0.29%, Beat. Q4 2025, reported Nov 6, 2025: actual 53.68M USD, estimate 57.11M USD, surprise -6.02%, Miss. Q1 2026, reported Feb 19, 2026: actual 58.01M USD, estimate 57.11M USD, surprise +1.57%, Beat. Q2 2026, reported May 7, 2026: actual 55.46M USD, estimate 55.09M USD, surprise +0.66%, Beat. Q3 2026, reported Aug 6, 2026: actual 64.01M USD, estimate 62.49M USD, surprise +2.44%, Beat. Q4 2026, reported Nov 5, 2026: actual —, estimate 70.21M USD, surprise —, Comparison unavailable.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Analyst price target

Average target

$4.88

17.59% upside
Past 12 months12-month forecastHigh $5.00Average $4.88Low $4.75

Rating distribution

8 ratings
Strong buy00%
Buy675%
Hold225%
Sell00%
Strong sell00%

Recent analyst actions

8 institutions
TD CowenmaintainHold
Craig-HallummaintainBuy
B. Riley SecuritiesmaintainBuy

INDI peers

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$163.41

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Micron Technology, Inc. logo

MU

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$966.78

-0.77%

ETFs holding INDI

Funds reporting this stock among their holdings, ordered by reported position size.

State Street SPDR S&P Semiconductor ETF logoState Street SPDR S&P Semiconductor ETFXSD
Market value
48.41M
Weight
1.81%
AUM
2.67B USD
Expense ratio
0.35%
Price / 1D
$498.23+0.30%
iShares Russell 2000 ETF logoiShares Russell 2000 ETFIWM
Market value
21.94M
Weight
0.03%
AUM
81.62B USD
Expense ratio
0.19%
Price / 1D
$299.96+0.77%
Vanguard Morningstar Total Stock Market ETF logoVanguard Morningstar Total Stock Market ETFVTI
Market value
18.23M
Weight
0.00%
AUM
2.3T USD
Expense ratio
0.03%
Price / 1D
$378.24+0.44%
Vanguard Information Technology ETF logoVanguard Information Technology ETFVGT
Market value
15.86M
Weight
0.01%
AUM
160.2B USD
Expense ratio
0.09%
Price / 1D
$118.42+0.05%
Vanguard Extended Market ETF logoVanguard Extended Market ETFVXF
Market value
7.9M
Weight
0.01%
AUM
93.7B USD
Expense ratio
0.05%
Price / 1D
$245.53+0.82%
iShares Russell 2000 Growth ETF logoiShares Russell 2000 Growth ETFIWO
Market value
7.88M
Weight
0.05%
AUM
15.16B USD
Expense ratio
0.24%
Price / 1D
$387.37+1.24%
State Street SPDR S&P Kensho New Economies Composite ETF logoState Street SPDR S&P Kensho New Economies Composite ETFKOMP
Market value
5.81M
Weight
0.21%
AUM
2.71B USD
Expense ratio
0.20%
Price / 1D
$69.24+0.92%
Global X - Autonomous & Electric Vehicles ETF logoGlobal X - Autonomous & Electric Vehicles ETFDRIV
Market value
4.2M
Weight
1.11%
AUM
377.51M USD
Expense ratio
0.68%
Price / 1D
$34.925+1.53%

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