indie Semiconductor, Inc.

Listed Company

INDICIK 0001841925NasdaqLarge AcceleratedSemiconductors & Related DevicesDelawareFY ends Dec 31

Period

FY 2025

Revenue

$217.39M

Net Income

$-143.07M

Total Assets

$840.79M

Equity

$358.03M

Shares Out

8.63M

Op. Cash Flow

$-57.13M

INDI$4.34+17.30% · past yearDBEQ Basic

Daily closing prices

Business

indie Semiconductor designs and sells mixed-signal system-on-chips (SoCs), photonic components, and embedded software for advanced driver-assistance systems (ADAS) and adjacent automotive applications including radar, LiDAR, computer vision, power management, and in-cabin monitoring. Products span vision and radar processors, wireless charging, USB power delivery, device interfacing, and driver-occupant monitoring software (emotion3D). The company operates as a fabless semiconductor supplier with photonics manufacturing in Canada and Switzerland, serving Tier 1 automotive suppliers globally through approved vendor positions; it has shipped over 550 million devices since inception.

Summary from 10-K filed 2026-02-27

Financials

Consolidated Statement of Income

Year Ended · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31
Total revenue	217	217	223	111	48
Cost of goods sold	131	126	134	60	29
Research and development	154	175	155	121	58
Selling, general, and administrative	78	81	70	48	36
Restructuring costs	9	4	0	0	—
Total operating expenses	372	387	359	230	123
Loss from operations	−154	−170	−135	−119	−75
Interest income	7	5	8	3	49,000
Interest expense	−18	−9	−9	−2	—
Gain from change in fair value of warrants	0	0	7	55	−26
Gain (loss) from change in fair value of contingent considerations and acquisition-related holdbacks	7	29	−3	9	−80,000
Gain from extinguishment of debt	3	0	0	0	304,000
Other income (expense)	1	−400,000	−1	−107,000	42,000
Total other income, net	490,000	24	2	65	−44
Net loss before income taxes	−154	−146	−133	−54	−119
Income tax benefit	3	2	5	1	327,000
Net loss	−151	−144	−129	−53	−119
Less: Net loss attributable to noncontrolling interest	−8	−12	−11	−9	−31
Net loss attributable to indie Semiconductor, Inc.	−143	−133	−118	−43	−88
Net loss attributable to common shares basic	−143	−133	−118	−43	−88
Net loss attributable to common shares diluted	−143	−133	−118	−43	−88
Net loss per share attributable to common shares - basic	−0.73	−0.76	−0.81	−0.37	−1.26
Net loss per share attributable to common shares - diluted	−0.73	−0.76	−0.81	−0.37	−1.26
Weighted average common shares outstanding - basic	197	175	145	119	70
Weighted average common shares outstanding - diluted	197	175	145	119	70

Consolidated Balance Sheet

As of · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31
Cash and cash equivalents	145	274	152	322	219
Restricted cash	10	10	0	250,000	383,000
Accounts receivable, net of allowance for doubtful accounts of $163 as of December 31, 2025 and $1,970 as of December 31, 2024	57	52	64	26	14
Inventory	49	50	33	13	9
Prepaid expenses and other current assets	24	22	23	12	6
Total current assets	286	409	272	374	248
Property and equipment, net	43	34	27	16	11
Intangible assets, net	196	209	208	63	96
Goodwill	293	266	295	136	114
Operating lease right-of-use assets	14	16	14	12	10
Other assets and deposits	9	7	3	2	270,000
Total assets	841	941	819	603	469
Accounts payable	22	28	18	14	5
Accrued payroll liabilities	10	6	7	12	4
Contingent considerations	611,000	4	84	3	—
Accrued expenses and other current liabilities	25	29	21	11	16
Intangible asset contract liability	6	6	4	9	6
Current debt obligations	14	12	4	16	2
Total current liabilities	77	85	139	64	34
Long-term debt, net of current portion	340	369	157	156	6
Intangible asset contract liability, net of current portion	6	12	0	4	12
Deferred tax liabilities, non-current	14	12	14	8	20
Operating lease liability, non-current	13	14	11	10	0
Other long-term liabilities	7	4	22	2	6
Total liabilities	457	496	342	289	177
Commitments and contingencies (Note 21)	—	—	—	—	—
Preferred stock, $0.0001 par value, 10,000,000 shares authorized; 0 shares issued or outstanding	0	0	0	0	0
Additional paid-in capital	999	937	814	569	515
Accumulated deficit	−637	−494	−361	−244	−200
Accumulated other comprehensive loss	−4	−25	−6	−12	−1
indies stockholders equity	358	418	446	313	313
Noncontrolling interest	26	28	31	2	−21
Total stockholders' equity	384	445	477	314	292
Total liabilities and stockholders' equity	841	941	819	603	469

Consolidated Statement of Cash Flows

Year Ended · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31
Depreciation and amortization	40	40	32	15	6
Amortization of inventory step-up	0	901,000	10	0	0
Allowance for credit losses and inventory reserves	2	4	892,000	2	15,000
Share-based compensation	65	67	44	42	23
Amortization of discount and cost of issuance of debt	3	1	997,000	417,000	198,000
Asset impairment in relation to restructuring	4	998,000	0	0	—
(Gain) loss from change in fair value of currency forward contract	−821,000	2	850,000	−208,000	0
Deferred tax liabilities	−536,000	−5	−4	−2	−516,000
Amortization of right-of-use assets	3	3	3	2	0
Other	0	0	14,000	230,000	−86,000
Accounts receivable	−3	10	−32	−12	−4
Inventory	3	−17	−6	−4	−3
Accounts payable	−8	11	−2	7	−2
Accrued expenses and other current liabilities	1	4	−3	1	1
Accrued payroll liabilities	152,000	−289,000	−562,000	528,000	4
Prepaid, other current and noncurrent assets	−1	963,000	−10	−8	−4
Operating lease liabilities	−3	−3	−3	−1	0
Other long-term liabilities	−1	−4	−2	−1	45,000
Net cash used in operating activities	−57	−59	−104	−77	−56
Purchases of property and equipment	−14	−14	−13	−8	−3
Payments for acquired software license	0	−2	0	0	0
Business combinations, net of cash acquired	−18	−3	−95	−9	−80
Net cash used in investing activities	−32	−19	−108	−16	−84
Proceeds from issuance of common stock/At-the-market offering	0	20	53	17	0
Offering costs for the issuance of common stock/At-the-market offering	0	−428,000	−1	−379,000	0
Wuxi EIP capital paid in	0	0	12	0	0
2029 convertible note capped call transactions	0	−23	0	0	—
Proceeds from issuance of debt obligations	2	230	1	162	775,000
Issuance and debt discount costs related to debt obligations	−50,000	−667,000	0	−5	—
Repurchase of debt obligations	−27	0	0	—	—
Payments on debt obligations	−4	−8	−13	−2	−18
Payments on financed software	−8	−5	−9	−4	−2
Deferred payments on business combination	−3	−3	0	−9	−399,000
Proceeds from exercise of stock options	6,000	53,000	31,000	103,000	66,000
Net cash provided by (used in) financing activities	−39	209	44	193	341
Effect of exchange rate changes on cash, and cash equivalents	−769,000	1	−2	3	265,000
Net increase (decrease) in cash and cash equivalents	−129	133	−170	102	201
Cash paid for taxes	674,000	0	0	—	—
Cash paid for interest	15	7	7	376,000	1
Purchases of property and equipment, accrued but not paid	−460,000	352,000	−300,000	1	—
Fair value of common stock issued for investment in Expedera	0	3	0	0	—
Fair value of common stock issued for business combination	0	0	128	0	82
Fair value of common stock issued to satisfy contingent considerations and acquisition-related holdbacks	0	64	5	0	0
Contingent consideration for business combination	7	5	82	8	4
Accrual for purchase consideration for business combination	3	800,000	800,000	10	8

Filings

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Frequently asked questions

What is indie Semiconductor, Inc.'s CIK number?

indie Semiconductor, Inc.'s SEC CIK number is 0001841925 (1841925). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.

Where can I find indie Semiconductor, Inc.'s SEC filings?

All of indie Semiconductor, Inc.'s EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.

When did indie Semiconductor, Inc. last report earnings?

indie Semiconductor, Inc. (INDI) most recently filed an earnings 8-K with the SEC on May 7, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0001193125-26-212163). This is indie Semiconductor, Inc.'s most recent earnings filing of record — not a forecast of its next earnings date.

What is indie Semiconductor, Inc.'s most recent earnings 8-K?

indie Semiconductor, Inc.'s latest earnings 8-K (Item 2.02) was filed May 7, 2026 under accession 0001193125-26-212163. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.

View indie Semiconductor, Inc.'s latest earnings 8-K →
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