indie Semiconductor, Inc.
INDI Nasdaq· Semiconductors & Related Devices
Last close · Oct 26, 2026
$1.59
KIRA · Stoqly’s AI analyst, in plain words
- indie Semiconductor, Inc. had $217M of revenue in fiscal 2025, up 0.3% on the year before. Over five years, revenue changed +57.2% a year on average.
- Its operating margin was −70.9%, up 7.6 pts: of every 100 in sales, about −71 is left after running the business.
- indie Semiconductor, Inc. lost $143M in fiscal 2025.
- Free cash flow was −$71.4M in fiscal 2025, −32.9% of revenue.
- indie Semiconductor, Inc. owes $222M more than it holds in cash.
Market cap
$337M
P/E
—
Revenue
$217M
Net income
−$143M
Free cash flow
−$71.4M
Operating margin
−70.9%
indie Semiconductor, Inc. in 30 seconds · fiscal 2025
Are sales growing?
+0.3%
Only a little. Sales grew 0.3% last year.
Does it make a profit?
−65.8%
No. It lost money last year.
Does profit turn into cash?
−32.9%
No. It spent more cash than it brought in.
How healthy are the accounts?
2 / 9
Weak. It passes 2 of 9 health tests.
How is the share priced?
—
No P/E: it made no profit over the last four quarters.
What indie Semiconductor, Inc. does
No business description yet.
- Fiscal year ends
- December 31, 2025
- Latest annual report
- 10-K · Feb 27, 2026
- Legal name
- indie Semiconductor, Inc.
- CIK
- 0001841925
indie Semiconductor, Inc. · INDI
Results and finances
The last 5 fiscal years. Amounts in USD.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Sales and profit | |||||
| Revenue | $48.4M | $111M | $223M | $217M | $217M |
| Revenue growth | 114.1% | 128.9% | 101.4% | −2.9% | 0.3% |
| Gross margin | 40.7% | 45.4% | 40.1% | 41.7% | 39.9% |
| Operating margin | −154.5% | −107.5% | −60.7% | −78.5% | −70.9% |
| Net income | −$88.0M | −$43.4M | −$118M | −$133M | −$143M |
| Net margin | −181.9% | −39.2% | −52.7% | −61.2% | −65.8% |
| Diluted EPS | −$1.26 | −$0.37 | −$0.81 | −$0.76 | −$0.73 |
| Cash | |||||
| Cash from operations | −$55.8M | −$76.7M | −$104M | −$58.6M | −$57.1M |
| Capital expenditure | $2.7M | $7.6M | $12.8M | $14.3M | $14.3M |
| Free cash flow | −$58.5M | −$84.3M | −$117M | −$72.9M | −$71.4M |
| FCF margin | −120.8% | −76.1% | −52.5% | −33.7% | −32.9% |
| Share buybacks | $0.0M | $7.4M | $0.0M | $0.0M | — |
| Share count change | 124.1% | 69.5% | 22.4% | 20.6% | 12.7% |
| Debt and strength | |||||
| Cash and short-term investments | $219M | $322M | $152M | $274M | $145M |
| Debt incl. finance leases | $6.4M | $171M | $165M | $394M | $367M |
| Shareholders' equity | $313M | $313M | $446M | $418M | $358M |
| Current ratio | 7.4x | 5.8x | 2.0x | 4.8x | 3.7x |
| Interest coverage | −60.4x | −70.4x | −15.7x | −18.4x | −8.7x |
| Returns and quality | |||||
| Return on capital | −58.9% | −57.9% | −23.3% | −25.0% | −21.0% |
| Return on equity | −86.9% | −13.9% | −31.0% | −30.7% | −36.9% |
| Return on tangible equity | −85.3% | −38.3% | — | — | — |
| Piotroski F-score | 4 | 3 | 3 | 4 | 2 |
| Altman Z'' | 2.4 | 1.9 | −0.1 | 0.2 | −1.2 |
Insiders bought, 12 months
$0.0M
0 insiders
Insiders sold, 12 months
$15.4M
6 insiders
Of sales under plans
60%
$9.3M
How to read these numbers
- Revenue:
- Total sales reported in the income statement.
- Operating margin:
- Operating income as a share of revenue.
- Net income:
- Profit after all expenses, interest and tax.
- Free cash flow:
- Cash from operations minus capital spending.
- Net debt / EBITDA:
- Years of EBITDA needed to pay off net debt. Below zero means more cash than debt.
- Return on capital:
- After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
indie Semiconductor, Inc. · INDI
Charts and comparison
Ten years at a glance, and how it stacks up against similar companies.
Revenue
Net income
Margins, % of revenue
Cash vs debt (incl. leases)
Free cash flow
Dividends and buybacks
KIRA
At $1.59 a share, the company is worth $337M.
Source: SEC EDGAR XBRL filings (CIK 0001841925). Data updated October 24, 2026. For information only — not investment advice. Check the original filings before relying on any figure.