indie Semiconductor, Inc. (INDI)
Insiders filed in the last 90 days, but none of those trades qualified for scoring — round-trip buys and filings whose price is far off the market are excluded.
Loses money on what it sells.
- Revenue
- $231.1M
- Net income
- -$150.7M
- Net margin
- -65.2%
Heavily indebted for what it earns.
- Total debt
- $431.3M
- Cash
- $139.0M
- Debt / equity
- 1.46
Comfortably covers what is due within a year.
- Current assets
- $311.6M
- Current liabilities
- $85.3M
- Current ratio
- 3.65
Consumes cash and must keep raising it.
- Operating cash flow
- -$71.5M
- Free cash flow
- -$83.7M
- FCF margin
- -36.2%
Some dilution over the past year.
- Shares outstanding
- 212.0M
- Share growth (1y)
- 8.5%
- Cash runway
- 23 months
Five pillars — profitability, leverage, liquidity, cash generation, dilution & runway — each scored 0–20 from the company’s own income statement, balance sheet and cash-flow statement, then scaled to 100. A pillar the statements cannot answer is left out rather than guessed; fewer than three and no score is shown.
INDI Income Statement
| Fiscal Period | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
|---|---|---|---|---|---|---|
| Period Ending | Jun 30, 2026 | Mar 31, 2026 | Dec 31, 2025 | Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 |
| Revenue | 64.01 M | 55.46 M | 58.01 M | 53.68 M | 51.63 M | 54.08 M |
| Revenue Growth (YoY) | 23.97 % | 2.55 % | 0.00 % | -0.54 % | -1.38 % | 3.29 % |
| Cost of Revenue | 40.92 M | 34.38 M | 35.96 M | 70.16 M | 30.69 M | 31.53 M |
| Gross Profit | 23.09 M | 21.08 M | 22.05 M | -16.48 M | 20.94 M | 22.55 M |
| SG&A Expense | 0.00 | 21.42 M | 19.15 M | 0.00 | 18.36 M | 19.37 M |
| R&D Expense | 37.81 M | 38.53 M | 35.52 M | 37.99 M | 38.47 M | 42.12 M |
| Operating Expenses | 58.17 M | 59.95 M | 54.67 M | 21.86 M | 63.93 M | 61.48 M |
| Operating Income | -35.08 M | -38.87 M | -32.62 M | -38.34 M | -42.99 M | -38.93 M |
| Pretax Income | -39.40 M | -47.44 M | -35.48 M | -41.06 M | -41.05 M | -37.12 M |
| Tax Provision | -448.00 K | -319.00 K | -3.27 M | -363.00 K | 565.00 K | 56.00 K |
| Net Income | -37.08 M | -43.19 M | -32.10 M | -38.29 M | -39.04 M | -34.55 M |
| EPS (Basic) | -0.17 | -0.22 | -0.16 | -0.19 | -0.20 | -0.18 |
| EPS (Diluted) | -0.17 | -0.22 | -0.16 | -0.19 | -0.20 | -0.18 |
| Shares Outstanding | 212.01 M | 199.33 M | 199.33 M | 199.33 M | 195.37 M | 191.46 M |
Quarterly figures; YoY compares the same fiscal quarter a year earlier. Source: public market data.
