indie Semiconductor INDI
$1.81 +$0.46 (+33.58%)
Market closed · Nov 6, 8:10 pm ET · Last extended-hours $1.80 -0.55%
Open$1.70
Prev close$1.36
Day range$1.60 – $1.86
Volume16.91M
Market cap$394.45M
P/E (TTM)–
Dividend yield–
Fundamentals
Latest reported quarter: Q2, ended Jun 2026
Revenue$64.01M+24.0% YoY
Operating profit-$35.08M+2.2% YoY
Net profit-$38.95M+6.4% YoY
Diluted EPS-$0.17+15.0% YoY
Free cash flow-$31.99M-134.9% YoY
Operating cash flow-$28.87M
Revenue, last 8 quarters
Net profit, last 8 quarters
Diluted EPS by quarter
Free cash flow by quarter
Annual revenue
Profitability & balance sheet
Gross margin37.8%
Operating margin-62.4%
Net margin-64.8%
Return on equity-43.7%
Return on assets-17.5%
Return on invested capital-18.7%
Current ratio3.65
Liabilities / assets61.7%
Cash & investments$138.98M
Total debt$427.86M
Net cash (debt)-$288.89M
Income statement
| Line item | 2026 Q2 | 2026 Q1 | 2025 ANNUAL | 2025 Q4 | 2025 Q3 |
|---|---|---|---|---|---|
| Total Revenue as Reported | $64.01M | $55.46M | $217.39M | $58.01M | $53.68M |
| Total Operating Revenue | $64.01M | $55.46M | $217.39M | $58.01M | $53.68M |
| Cost of Revenue | $40.92M | $34.38M | $130.76M | $36.37M | $32.17M |
| Gross Profit | $23.09M | $21.08M | $86.63M | $21.64M | $21.50M |
| Operating Expense | $58.17M | $59.95M | $231.78M | $54.67M | $58.80M |
| Selling and Admin Expenses | $20.36M | $21.42M | $77.69M | $19.15M | $20.82M |
| Research & Development | $37.81M | $38.53M | $154.09M | $35.52M | $37.99M |
| Operating Profit | -$35.08M | -$38.87M | -$145.15M | -$33.03M | -$37.30M |
| Net Non-Operating Interest Income (Expense) | -$3.47M | -$3.47M | -$10.35M | -$3.11M | -$2.69M |
| Non-Operating Interest Income | $1.22M | $873,000.00 | $7.29M | $1.14M | $1.66M |
| Non-Operating Interest Expense | $4.69M | $4.34M | $15.96M | $2.57M | $4.35M |
| Other Income (Expense) | -$849,000.00 | -$5.10M | $1.77M | $1.64M | -$1.06M |
| Special Income (Charges) | -$188,000.00 | -$4.74M | $527,000.00 | $1.15M | -$1.04M |
| -Less:Restructuring and Mergern & Acquisition | $188,000.00 | $1.09M | $2.10M | -$1.15M | $1.04M |
| Other Non-Operating Income (Expenses) | -$661,000.00 | -$361,000.00 | $1.25M | $483,000.00 | -$28,000.00 |
| Pretax Profit | -$39.40M | -$47.44M | -$153.73M | -$34.50M | -$41.06M |
| Tax | -$448,000.00 | -$319,000.00 | -$3.01M | -$3.27M | -$363,000.00 |
| Net Profit | -$38.95M | -$47.12M | -$150.71M | -$31.23M | -$40.69M |
| Profit from Continuing Operations | -$38.95M | -$47.12M | -$150.71M | -$31.23M | -$40.69M |
| Minority Interests | -$1.88M | -$3.93M | -$7.65M | -$36,000.00 | -$2.41M |
| Net Income to Parent Company | -$37.08M | -$43.19M | -$143.07M | -$31.19M | -$38.29M |
| Net Income to Common Stockholders | -$37.08M | -$43.19M | -$143.07M | -$31.19M | -$38.29M |
| Basic EPS | -$0.17 | -$0.21 | -$0.73 | -$0.16 | -$0.19 |
| Diluted EPS | -$0.17 | -$0.21 | -$0.73 | -$0.16 | -$0.19 |
| -Less:Other Special Charges | – | $3.66M | -$2.62M | $0.00 | – |
| Total Other Finance Costs | – | – | $1.68M | – | – |
Balance sheet
| Line item | 2026 Q2 | 2026 Q1 | 2025 ANNUAL | 2025 Q4 | 2025 Q3 |
|---|---|---|---|---|---|
| Total Assets | $841.53M | $869.56M | $840.79M | $840.79M | $855.07M |
| Total Current Assets | $311.56M | $327.16M | $285.77M | $285.77M | $297.09M |
| Cash and Cash Equivalents & Short-Term Investments | $138.98M | $174.43M | $145.46M | $145.46M | $160.87M |
| -Cash and Cash Equivalents | $138.98M | $174.43M | $145.46M | $145.46M | $160.87M |
| Receivables | $67.82M | $60.50M | $57.49M | $57.49M | $53.25M |
| -Accounts Receivable | $67.82M | $60.50M | $57.49M | $57.49M | $53.25M |
| Inventory | $67.63M | $57.04M | $48.62M | $48.62M | $45.62M |
| Restricted Cash | $10.03M | $10.28M | $10.29M | $10.29M | $10.29M |
| Other Current Assets | $27.12M | $24.91M | $23.92M | $23.92M | $27.06M |
| Total Non-Current Assets | $529.97M | $542.40M | $555.02M | $555.02M | $557.98M |
| Net PPE | $58.10M | $57.80M | $57.71M | $57.71M | $57.22M |
| -Gross PPE | $93.05M | $90.09M | $88.08M | $88.08M | $84.51M |
| -Accumulated Depreciation | -$34.95M | -$32.29M | -$30.37M | -$30.37M | -$27.29M |
| Goodwill and Other Intangible Assets | $463.39M | $475.99M | $488.55M | $488.55M | $494.75M |
| -Goodwill | $286.84M | $289.68M | $292.64M | $292.64M | $290.81M |
| -Other Intangible Assets | $176.55M | $186.31M | $195.91M | $195.91M | $203.93M |
| Other Non-Current Assets | $8.48M | $8.62M | $8.75M | $8.75M | $6.01M |
| Total Liabilities | $519.37M | $520.61M | $456.77M | $456.77M | $462.15M |
| Total Current Liabilities | $85.30M | $79.64M | $76.55M | $76.55M | $79.16M |
| Payables | $26.31M | $27.47M | $26.69M | $26.69M | $22.15M |
| -Accounts Payable | $24.79M | $24.40M | $21.83M | $21.83M | $19.15M |
| -Total Tax Payable | $1.52M | $3.07M | $4.86M | $4.86M | $3.00M |
| Current Accrued Expenses | $17.31M | $13.59M | $11.45M | $11.45M | $17.80M |
| Short-Term Debt and Capital Lease Obligation | $15.76M | $15.65M | $16.79M | $16.79M | $17.61M |
| -Current Debt | $12.32M | $12.29M | $13.57M | $13.57M | $14.39M |
| -Current Capital Lease Obligation | $3.43M | $3.36M | $3.23M | $3.23M | $3.22M |
| Current Deferred Liabilities | $10.89M | $10.97M | $12.20M | $12.20M | $9.77M |
| Other Current Liabilities | $15.04M | $11.97M | $9.41M | $9.41M | $11.84M |
| Total Non-Current Liabilities | $434.07M | $440.97M | $380.23M | $380.23M | $382.99M |
| Long Term Debt and Capital Lease Obligation | $415.54M | $415.26M | $352.88M | $352.88M | $352.84M |
| -Long Term Debt | $403.74M | $402.82M | $339.83M | $339.83M | $339.15M |
| -Long Term Capital Lease Obligation | $11.80M | $12.44M | $13.05M | $13.05M | $13.70M |
| Non-Current Deferred Liabilities | $16.03M | $18.08M | $19.90M | $19.90M | $23.42M |
| Other Non-Current Liabilities | $2.50M | $7.64M | $7.44M | $7.44M | $6.73M |
| Total Equity | $322.16M | $348.95M | $384.01M | $384.01M | $392.91M |
| Stockholders' Equity | $294.67M | $324.60M | $358.03M | $358.03M | $369.21M |
| Capital Stock | $22,000.00 | $23,000.00 | $22,000.00 | $22,000.00 | $22,000.00 |
| -Common Stock | $22,000.00 | $23,000.00 | $22,000.00 | $22,000.00 | $22,000.00 |
| -Preferred Stock | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Additional Paid-In Capital | $1.03B | $1.01B | $998.73M | $998.73M | $985.43M |
| Retained Earnings | -$717.38M | -$680.30M | -$637.11M | -$637.11M | -$605.92M |
| Gains/Losses Not Affecting Retained Earnings | -$13.19M | -$8.89M | -$3.61M | -$3.61M | -$10.32M |
| Minority Interests | $27.49M | $24.35M | $25.98M | $25.98M | $23.70M |
Cash flow
| Line item | 2026 Q2 | 2026 Q1 | 2025 ANNUAL | 2025 Q4 | 2025 Q3 |
|---|---|---|---|---|---|
| Operating Cash Flow | -$28.87M | -$22.13M | -$57.13M | -$14.36M | -$6.17M |
| Net cash flow from continuing operations | -$28.87M | -$22.13M | -$57.13M | -$14.36M | -$6.17M |
| Net Income from Continuing Operations | -$38.95M | -$47.12M | -$150.71M | -$31.23M | -$40.69M |
| Gain/Loss from Continuing Operations | $99,000.00 | $4.29M | -$3.44M | $473,000.00 | $76,000.00 |
| Depreciation & Depletion & Amortization | $11.99M | $12.04M | $43.59M | $10.77M | $11.07M |
| Other Non-Cash Items | $900,000.00 | $1.76M | -$4.24M | -$1.41M | $717,000.00 |
| Change in Working Capital | -$20.79M | -$12.85M | -$12.21M | -$7.50M | $3.25M |
| -Change in Receivables | -$6.89M | -$3.12M | -$2.86M | -$3.71M | $6.45M |
| -Change in Inventory | -$10.55M | -$8.48M | $2.52M | -$2.37M | $691,000.00 |
| -Change in Prepaid Assets | -$2.08M | -$1.00M | -$1.09M | $738,000.00 | -$3.22M |
| -Change in Payables and Accrued Expense | -$808,000.00 | $768,000.00 | -$6.43M | $203,000.00 | $1.12M |
| -Change in Other Current Liabilities | -$465,000.00 | -$1.03M | -$4.35M | -$2.37M | -$1.80M |
| Net cash flow from investing | -$3.12M | -$3.21M | -$31.97M | -$1.74M | -$21.84M |
| Net Cash Flow from Continuing Investing Activities | -$3.12M | -$3.21M | -$31.97M | -$1.74M | -$21.84M |
| Net PPE Purchase and Sale | -$3.12M | -$3.21M | -$14.29M | -$1.74M | -$4.16M |
| Financing Cash Flow | -$3.06M | $55.06M | -$38.94M | -$3.02M | -$1.92M |
| Net Cash Flow from Continuing Financing Activities | -$3.06M | $55.06M | -$38.94M | -$3.02M | -$1.92M |
| Net Issuance Payments Of Debt | $78,000.00 | $62.93M | -$28.41M | -$883,000.00 | $212,000.00 |
| Proceeds from Stock Option Exercised | $1,000.00 | $0.00 | $6,000.00 | $2,000.00 | $3,000.00 |
| Net Other Financing Charges | -$3.14M | -$7.87M | -$10.54M | -$2.13M | -$2.13M |
| Ending Cash Balance | $149.00M | $184.71M | $155.74M | $155.74M | $171.16M |
| Net Change in Cash | -$35.05M | $29.73M | -$128.04M | -$19.11M | -$29.92M |
| Beginning Cash Balance | $184.71M | $155.74M | $284.55M | $171.16M | $202.85M |
| Effect of Exchange Rate Changes | -$665,000.00 | -$753,000.00 | -$769,000.00 | $3.69M | -$1.77M |
| Free Cash Flow | -$31.99M | -$25.34M | -$71.42M | -$16.10M | -$10.33M |
| Deferred Tax | – | – | -$536,000.00 | – | – |
| Net Intangibles Purchase and Sale | – | – | $0.00 | $0.00 | – |
| Net Business Purchase and Sale | – | – | -$17.67M | $0.00 | – |
| Net Common Stock Issuance | – | – | $0.00 | $0.00 | – |
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