INDI (indie Semiconductor, Inc.) Stock Financials & Earnings | Market Cap Arena

INDI (indie Semiconductor, Inc.) Stock Financials & Earnings | Market Cap Arena

INDIindie Semiconductor, Inc.

Mkt Cap$530M

Technology·Semiconductors·🇺🇸 United States·NASDAQ

Revenue (TTM)$217M

Net Income (TTM)-$144M

EPS (TTM)-$0.73

Free Cash Flow (TTM)-$73M

Gross Margin22.6%

Op. Margin-70.3%

Net Margin-66.2%

FCF Margin-33.6%

P/S Ratio (TTM)2.4x

P/E Ratio (TTM)—

YoY Rev Growth+0.3%

Employees—

Earnings Reports

Revenue & Profitability

Quarter	Revenue	Gross Profit	Op. Income
Q1 23	$40M	-$18M	-$37M
Q2 23	$52M	$20M	-$41M
Q3 23	$60M	$25M	-$36M
Q4 23	$70M	-$2M	-$22M
Q1 24	$52M	$22M	-$50M
Q2 24	$52M	$22M	-$37M
Q3 24	$54M	$21M	-$50M
Q4 24	$58M	$25M	-$34M
Q1 25	$54M	$23M	-$39M
Q2 25	$52M	$21M	-$43M
Q3 25	$54M	-$16M	-$38M
Q4 25	$58M	$22M	-$33M

Valuation

Quarter	P/S	P/E
Q1 23	4.1x	—
Q2 23	3.4x	—
Q3 23	2.9x	—
Q4 23	2.4x	—
Q1 24	2.3x	—
Q2 24	2.3x	—
Q3 24	2.3x	—
Q4 24	2.4x	—
Q1 25	2.4x	—
Q2 25	2.4x	—
Q3 25	2.4x	—
Q4 25	2.4x	—

Operating Cash Flow

Quarter	Operating CF	Free CF
Q1 23	-$33M	-$36M
Q2 23	-$40M	-$44M
Q3 23	-$15M	-$17M
Q4 23	-$16M	-$21M
Q1 24	-$9M	-$12M
Q2 24	-$20M	-$23M
Q3 24	-$23M	-$30M
Q4 24	-$7M	-$9M
Q1 25	-$29M	-$31M
Q2 25	-$8M	-$14M
Q3 25	-$6M	-$10M
Q4 25	-$16M	-$18M

Capital Expenditures

CapEx

Quarter	CapEx
Q1 23	$3M
Q2 23	$3M
Q3 23	$2M
Q4 23	$4M
Q1 24	$2M
Q2 24	$4M
Q3 24	$8M
Q4 24	$3M
Q1 25	$2M
Q2 25	$6M
Q3 25	$4M
Q4 25	$2M

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q1 23	+83.9%	+37.5%
Q2 23	+102.3%	+66.6%
Q3 23	+101.5%	+72.9%
Q4 23	+112.4%	+47.9%
Q1 24	+29.4%	+31.7%
Q2 24	+0.5%	-4.1%
Q3 24	-10.8%	+7.5%
Q4 24	-17.3%	+0.2%
Q1 25	+3.3%	-8.8%
Q2 25	-1.4%	+6.3%
Q3 25	-0.5%	-11.4%
Q4 25	-0.0%	-1.4%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q1 23	$11M	28.2%
Q2 23	$0	0.0%
Q3 23	$13M	21.2%
Q4 23	$7M	10.2%
Q1 24	$26M	48.9%
Q2 24	$12M	22.8%
Q3 24	$18M	33.1%
Q4 24	$12M	20.5%
Q1 25	$17M	31.9%
Q2 25	$15M	29.0%
Q3 25	$0	0.0%
Q4 25	$17M	28.7%

OpEx Breakdown

Quarter	R&D	G&A	SG&A
Q1 23	$37M	—	—
Q2 23	$42M	$19M	—
Q3 23	$42M	—	$20M
Q4 23	$34M	—	—
Q1 24	$50M	—	$22M
Q2 24	$41M	—	$17M
Q3 24	$46M	—	$21M
Q4 24	$38M	—	$20M
Q1 25	$42M	—	$19M
Q2 25	$38M	—	$18M
Q3 25	$38M	—	—
Q4 25	$36M	—	$19M

Revenue Segments

Quarter	Product	Service
Q1 23	$34M	$7M
Q2 23	$45M	$7M
Q3 23	$53M	$7M
Q1 24	$49M	$4M
Q2 24	$49M	$3M
Q3 24	$51M	$3M
Q1 25	$50M	$4M
Q2 25	$50M	$2M

Revenue by Geography

Quarter	Asia Pacific Excluding China	China	Europe	North America Excluding United States	South America	United States
Q1 23	$3M	$19M	$4M	$2M	$568K	$12M
Q2 23	$8M	$20M	$9M	$3M	$655K	$12M
Q3 23	$6M	$28M	$12M	$3M	$403K	$12M
Q3 24	$10M	$22M	$9M	$1M	$519K	$10M

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 23	$207M	$0	$207M
Q2 23	$181M	$0	$181M
Q3 23	$161M	$0	$161M
Q4 23	$152M	$0	$152M
Q1 24	$138M	$0	$138M
Q2 24	$123M	$0	$123M
Q3 24	$97M	$0	$97M
Q4 24	$274M	$0	$274M
Q1 25	$237M	$0	$237M
Q2 25	$193M	$0	$193M
Q3 25	$171M	$0	$171M
Q4 25	$145M	$0	$145M

Shares Outstanding

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change
Q1 23	131M	+4.6%
Q2 23	142M	+8.0%
Q3 23	147M	+3.5%
Q4 23	160M	+8.9%
Q1 24	165M	+2.9%
Q2 24	170M	+3.4%
Q3 24	179M	+5.5%
Q4 24	186M	+3.4%
Q1 25	191M	+3.1%
Q2 25	195M	+2.0%
Q3 25	199M	+2.0%
Q4 25	199M	+0.0%

Revenue Per Employee

Revenue / Employee

Year	Revenue/Employee	Employees
FY 18	—	—
FY 19	—	—
FY 20	—	—
FY 21	$121K	400
FY 22	$185K	600
FY 23	$248K	900
FY 24	$236K	920
FY 25	$272K	800