indie Semiconductor, Inc. (INDI)
Nasdaq · Semiconductors & Related Devices · Manufacturing · CIK 1841925 · fiscal year ends in Dec
Closing price $1.76 on 29 Oct 2026; 52-week range $1.59 to $5.76.
Key figures
The last twelve months reported, with the latest price and balance sheet.
- Revenue, last twelve months
- $231.1M
- Revenue growth
- 6.2%
- Net income, last twelve months
- -$149.7M
- Earnings per share
- -$0.73
- Gross margin
- 37.8%
- Operating margin
- -63.3%
- Net margin
- -64.8%
- Free cash flow
- -$83.8M
- Return on equity
- -50.8%
- Market value
- $373.1M
- Cash
- $139.0M
- Debt
- $416.1M
- Debt to equity
- 1.41
Financial statements
Revenue, profit and cash flow by fiscal year, each year linked to its annual report.
| Fiscal year | Year end | Revenue | Operating income | Net income | EPS | Free cash flow | Filing |
|---|---|---|---|---|---|---|---|
| FY2025 | 31 Dec 2025 | $217.4M | -$154.2M | -$143.1M | -$0.73 | -$71.4M | 10-K filed 27 Feb 2026 |
| FY2024 | 31 Dec 2024 | $216.7M | -$170.1M | -$132.6M | -$0.76 | -$72.9M | 10-K filed 3 Mar 2025 |
| FY2023 | 31 Dec 2023 | $223.2M | -$135.4M | -$117.6M | -$0.81 | -$117.1M | 10-K filed 29 Feb 2024 |
| FY2022 | 31 Dec 2022 | $110.8M | -$119.1M | -$43.4M | -$0.37 | -$84.3M | 10-K filed 28 Mar 2023 |
| FY2021 | 31 Dec 2021 | $48.4M | -$74.8M | -$88.0M | -$1.26 | -$58.5M | 10-K filed 11 Apr 2022 |
By quarter
| Quarter | Quarter end | Revenue | Net income | EPS |
|---|---|---|---|---|
| Q2 FY2026 | 30 Jun 2026 | $64.0M | -$37.1M | -$0.17 |
| Q1 FY2026 | 31 Mar 2026 | $55.5M | -$43.2M | -$0.21 |
| Q4 FY2025 | 31 Dec 2025 | $58.0M | -$31.2M | -$0.16 |
| Q3 FY2025 | 30 Sep 2025 | $53.7M | -$38.3M | -$0.19 |
| Q2 FY2025 | 30 Jun 2025 | $51.6M | -$39.0M | -$0.20 |
| Q1 FY2025 | 31 Mar 2025 | $54.1M | -$34.5M | -$0.18 |
| Q4 FY2024 | 31 Dec 2024 | $58.0M | -$32.6M | -$0.18 |
| Q3 FY2024 | 30 Sep 2024 | $54.0M | -$49.7M | -$0.28 |
Revenue by segment
As the company reports it in the segment note of its annual report.
By product, FY2025
| Segment | Revenue | Share |
|---|---|---|
| Product revenue | $207.0M | 95.2% |
| Contract revenue | $10.4M | 4.8% |
By region, FY2025
| Segment | Revenue | Share |
|---|---|---|
| China | $102.9M | 47.3% |
| Europe | $42.9M | 19.7% |
| United States | $33.4M | 15.4% |
| Rest of Asia Pacific | $18.5M | 8.5% |
| South Korea | $15.0M | 6.9% |
| Rest of North America | $3.2M | 1.5% |
| South America | $1.5M | 0.7% |
Company events
The newest 8-K filings of 65 held.
| Filed | Form | Event | Items |
|---|---|---|---|
| 7 Aug 2026 | 8-K/A | Investor update | 7.01, 9.01 |
| 6 Aug 2026 | 8-K | Results, Investor update | 2.02, 7.01, 9.01 |
| 22 Jun 2026 | 8-K | Leadership change, Investor update | 5.02, 7.01, 9.01 |
| 29 May 2026 | 8-K | Leadership change, Shareholder vote | 5.02, 5.07 |
| 11 May 2026 | 8-K | Other events | 8.01, 9.01 |
| 7 May 2026 | 8-K | Results, Investor update | 2.02, 7.01, 9.01 |
| 18 Mar 2026 | 8-K | Other events | 8.01 |
| 6 Mar 2026 | 8-K | Material agreement, New debt, Share sale, Other events | 1.01, 2.03, 3.02, 8.01, 9.01 |
| 19 Feb 2026 | 8-K | Results, Investor update | 2.02, 7.01, 9.01 |
| 6 Nov 2025 | 8-K | Results, Leadership change, Investor update | 2.02, 5.02, 7.01, 9.01 |
| 28 Oct 2025 | 8-K | Material agreement, Investor update | 1.01, 7.01, 9.01 |
| 29 Aug 2025 | 8-K | Other events | 8.01, 9.01 |
Every filing
The newest filings with the SEC of 211 held.
| Filed | Form | Period |
|---|---|---|
| 7 Aug 2026 | 8-K/A | 6 Aug 2026 |
| 7 Aug 2026 | S-8 | – |
| 7 Aug 2026 | 10-Q | 30 Jun 2026 |
| 6 Aug 2026 | 8-K | 6 Aug 2026 |
| 22 Jun 2026 | 8-K | 15 Jun 2026 |
| 29 May 2026 | 8-K | 28 May 2026 |
| 29 May 2026 | SD | – |
| 11 May 2026 | 8-K | 8 May 2026 |
| 11 May 2026 | 10-Q | 31 Mar 2026 |
| 7 May 2026 | 8-K | 7 May 2026 |
| 17 Apr 2026 | ARS | 31 Dec 2025 |
| 17 Apr 2026 | DEFA14A | – |
Insider trades
Form 4 trades by officers, directors and 10% owners, last 12 months.
| Traded | Insider | Type | Shares | Price | Value | Held after | Form 4 |
|---|---|---|---|---|---|---|---|
| 21 Sep 2026 | Wu Naixi, Chief Financial Officer | Sale under a trading plan | 3,750 | $3.18 | $11.9K | 156,933 | 22 Sep 2026 |
| 15 Sep 2026 | Mcclymont Donald, Chief Executive Officer | Sale under a trading plan | 50,000 | $3.11 | $155.5K | 481,026 | 17 Sep 2026 |
| 2 Sep 2026 | Wittmann Michael, Chief Operating Officer | Sale under a trading plan | 22,181 | $3.59 | $79.5K | 134,366 | 3 Sep 2026 |
| 2 Sep 2026 | Wittmann Michael, Chief Operating Officer | Sale under a trading plan | 18,444 | $3.59 | $66.1K | 115,922 | 3 Sep 2026 |
| 2 Sep 2026 | Wu Naixi, Chief Financial Officer | Sale under a trading plan | 9,226 | $3.53 | $32.6K | 165,128 | 3 Sep 2026 |
| 2 Sep 2026 | Wu Naixi, Chief Financial Officer | Sale under a trading plan | 8,820 | $3.53 | $31.2K | 156,308 | 3 Sep 2026 |
| 2 Sep 2026 | Wu Naixi, Chief Financial Officer | Sale under a trading plan | 3,125 | $3.59 | $11.2K | 153,183 | 3 Sep 2026 |
| 2 Sep 2026 | Mcclymont Donald, Chief Executive Officer | Sale outside a trading plan | 13,384 | $3.53 | $47.3K | 481,026 | 3 Sep 2026 |
| 1 Sep 2026 | Owens Jeffrey J, Director | Took pay in stock | 2,641 | – | – | – | 3 Sep 2026 |
| 1 Sep 2026 | Brink Diane D, Director | Took pay in stock | 3,170 | – | – | – | 3 Sep 2026 |
| 1 Sep 2026 | Wu Naixi, Chief Financial Officer | Sale under a trading plan | 6,000 | $3.56 | $21.3K | 150,058 | 3 Sep 2026 |
| 1 Sep 2026 | Aldrich David J, Director | Took pay in stock | 9,860 | – | – | – | 3 Sep 2026 |
Planned insider sales
Form 144 notices, filed when the sell order goes to the broker.
| Filed | Seller | Shares | Value | Planned sale |
|---|---|---|---|---|
| 21 Sep 2026 | Nancy Wu, Officer | 3,750 | $11.5K | 21 Sep 2026 |
| 15 Sep 2026 | DONALD MCCLYMONT, Director, Officer | 50,000 | $156.5K | 15 Sep 2026 |
| 2 Sep 2026 | Nancy Wu, Officer | 3,125 | $11.1K | 2 Sep 2026 |
| 2 Sep 2026 | MICHAEL WITTMANN, Officer | 40,625 | $144.2K | 2 Sep 2026 |
| 19 Aug 2026 | SONALEE PAREKH, Director | 59,932 | $260.1K | 19 Aug 2026 |
| 14 Aug 2026 | MICHAEL WITTMANN, Officer | 42,468 | $174.2K | 14 Aug 2026 |
| 12 Aug 2026 | SONALEE PAREKH, Director | 20,000 | $76.0K | 12 Aug 2026 |
| 2 Jul 2026 | Nancy Wu, Officer | 25,640 | $116.4K | 2 Jul 2026 |
| 4 Jun 2026 | MICHAEL WITTMANN, Officer | 39,645 | $190.5K | 4 Jun 2026 |
| 2 Jun 2026 | MICHAEL WITTMANN, Officer | 43,750 | $213.1K | 2 Jun 2026 |
Large holders
Schedule 13D and 13G filings by holders of more than 5% of the voting shares.
| Filed | Holder | Schedule | Stake | Shares |
|---|---|---|---|---|
| 14 Aug 2026 | FRONTIER CAPITAL MANAGEMENT CO.,LLC | 13G amended | 7.53% | 15.9M |
| 7 Aug 2026 | STATE STREET CORPORATION | 13G | 8.8% | 18.5M |
| 28 Jul 2026 | BlackRock, Inc. | 13G amended | 8.7% | 18.4M |
| 4 Jun 2026 | Neuberger Berman Group LLC | 13G amended | 4.8% | 10.1M |
| 12 May 2026 | STATE STREET CORPORATION | 13G | 5.8% | 12.0M |
| 7 May 2026 | Neuberger Berman Group LLC | 13G | 5.1% | 10.5M |
| 27 Mar 2026 | The Vanguard Group | 13G amended | 0% | 0 |
| 9 Feb 2026 | STATE STREET CORPORATION | 13G | 4.4% | 9.0M |
| 14 Nov 2025 | Granahan Investment Management LLC | 13G amended | 8.8% | 17.5M |
| 14 Nov 2025 | BAMCO INC /NY/ | 13G amended | 10.86% | 21.6M |
Short interest
Shares sold short and not yet bought back, on each FINRA settlement date.
| Settlement | Shares short | Change | Days to cover |
|---|---|---|---|
| 15 Oct 2026 | 64.4M | +5.22% | 11.76 |
| 30 Sep 2026 | 61.2M | -1.33% | 11.51 |
| 15 Sep 2026 | 62.0M | -1.68% | 13.39 |
| 31 Aug 2026 | 63.1M | -7.12% | 8.83 |
| 14 Aug 2026 | 67.9M | -2.75% | 8.04 |
| 31 Jul 2026 | 69.8M | +0.9% | 16.62 |
| 15 Jul 2026 | 69.2M | +2.64% | 11.68 |
| 30 Jun 2026 | 67.4M | +5.11% | 9.84 |
Funds that hold it
From each fund's latest Form 13F.
241 funds held it at 30 Jun 2026: 125 added and 59 trimmed in the quarter. The largest:
| Fund | Shares | Value | Change in the quarter |
|---|---|---|---|
| Primecap Management Co. | 31,623,647 | $142.0M | +557,341 |
| Bamco Inc. | 23,012,611 | $103.3M | -325,215 |
| Granahan Investment Management, LLC | 19,419,892 | $87.2M | -863,947 |
| BlackRock, Inc. | 19,045,966 | $85.5M | +2,848,975 |
| State Street Corp. | 18,502,581 | $83.1M | +6,486,882 |
| Frontier Capital Management Co. LLC | 15,914,169 | $71.5M | -3,331,919 |
| Elemental Capital Partners LLC | 13,309,443 | $59.8M | +665,050 |
| Neuberger Berman Group LLC | 10,354,827 | $46.0M | -188,496 |
| Vanguard Capital Management LLC | 8,262,498 | $37.1M | +334,292 |
| Vanguard Portfolio Management LLC | 6,369,408 | $28.6M | +411,783 |
Peers
Companies in the same industry.
- NVIDIA Corp. (NVDA): revenue $303.0B, market value $5.15T
- Taiwan Semiconductor Manufacturing Company Limited (TSM): revenue $122.4B, market value $2.24T
- Broadcom Inc. (AVGO): revenue $89.1B, market value $1.65T
- Micron Technology Inc. (MU): revenue $133.2B, market value $1.06T
- Advanced Micro Devices Inc. (AMD): revenue $41.3B, market value $924.6B
- Intel Corp. (INTC): revenue $59.9B, market value $488.9B
- Applied Materials Inc. (AMAT): revenue $30.8B, market value $334.7B
- Texas Instruments Inc. (TXN): revenue $20.8B, market value $285.9B
- Arm Holdings plc (ARM): revenue $4.9B, market value $243.4B
- Analog Devices Inc. (ADI): revenue $13.9B, market value $209.9B