Saturday 17 October 2026 Export INDI’s income statement to Excel — free account

indie Semiconductor, Inc.

indie Semiconductor, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $217.4 million, roughly unchanged from fiscal 2024. In the quarter to June 2026, revenue grew 24.0%, EPS grew 15.0%, free cash flow fell 134.9% and total debt rose 18.0%, each against the same quarter a year earlier.

1.82 0.18 −9.00%

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Market cap: $462.5M
P/E: 0.0×
Fwd P/E: −7.0×
Dividend yield: —
F-score: 2/9
Altman Z: −0.19
Beneish M: −2.81
Dividend safety: n/a

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

Total sells 15.44

Totals in millions of $.

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	—	—	—	—	—	—	—	—	—	—	—	—
Sell	4	6	4	—	12	9	3	6	5	7	5	—

Insider Ownership 0.00%

Capital & Financial Ratios $m

Market Cap 462.46

Revenue 231.15

Net Income (158.00)

Free Cash Flow (83.75)

Net Debt 267.06

Current Ratio 3.65

Debt/Equity 1.29

P/E ratio 0.00

Fwd P/E (7.00)

P/S ratio 1.67

P/B ratio 1.20

Past 5Y EPS Growth —

This Y EPS Growth 41.86%

Next Y EPS Growth 110.77%

Next Y revenue growth 22.63%

Next 5Y EPS Growth —

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

EV/Sales, ten years

P/S against its own 10 years 0.65%

10-year low 10-year high

P/B against its own 10 years 7.85%

10-year low 10-year high

EV/Sales against its own 10 years 6.17%

10-year low 10-year high

Dividends

Payout Ratio —

Annual Dividend Rate —

Annual Dividend Yield —

	total	individual payouts
2023	Powerpack
2022	Powerpack
2021	Powerpack
2019	Powerpack

special payouts not included in total or ratios

Assets vs Liabilities $m

	2023	2024	2025	Q'26
Cash	152	285	156	149
Receivables	64	52	57	68
Inventory	33	50	49	68
Other	—	—	—	—
	272	409	286	312

	2023	2024	2025	Q'26
Payables	18	28	22	25
ST’ Debt	4	12	14	12
Other	88	9	6	11
	139	85	77	85

Compound Annual Growth %

	10y	5y	3y
Sales	—	57.25%	25.19%
Cash Flow	—	0.00%	0.00%
Earnings	—	0.00%	0.00%
Book Value	—	0.00%	6.90%

Revenue $m

	Mar	Jun	Sep	Dec	Year
’26	55	64	—	—	—
’25	54	52	54	58	217
’24	52	52	54	58	217
’23	40	52	60	70	223
’22	22	26	30	33	111
’21	8	9	12	19	48

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	(22)	(29)	—	—	—
’25	(29)	(8)	(6)	(14)	(57)
’24	(9)	(20)	(23)	(7)	(59)
’23	(33)	(40)	(15)	(16)	(104)
’22	(16)	(21)	(22)	(18)	(77)
’21	(9)	(13)	(15)	(19)	(56)
’20	0	(11)	(4)	(7)	(21)

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	(25)	(32)	—	—	—
’25	(31)	(14)	(10)	(16)	(71)
’24	(12)	(23)	(30)	(9)	(75)
’23	(36)	(44)	(17)	(21)	(117)
’22	(16)	(22)	(25)	(21)	(84)
’21	(9)	(14)	(16)	(21)	(60)
’20	0	(11)	(4)	(7)	(22)

Fiscal quarters ending in the months shown.

EPS $

	Mar	Jun	Sep	Dec	Year
’26	(0.21)	(0.17)	—	—	—
’25	(0.18)	(0.20)	(0.19)	(0.16)	(0.73)
’24	(0.19)	(0.11)	(0.28)	(0.18)	(0.76)
’23	(0.55)	(0.09)	(0.12)	(0.09)	(0.81)
’22	0.07	(0.04)	(0.31)	(0.12)	(0.42)
’21	0.26	0.06	(0.83)	(0.26)	(1.25)
’20	0.79	(0.22)	(0.71)	(3.00)	(3.15)

Fiscal quarters ending in the months shown.

Group	Line	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026e
Price, $
Price, $	Low	—	—	—	9.78	9.15	8.00	5.07	4.67	3.16	1.53	Analyst estimates 2026–2028 Powerpack
	High	—	—	—	10.87	14.94	16.33	12.15	11.12	8.00	6.05
People
People	Employees	—	—	—	3	3	400	600	900	920	800
	Revenue/emp, $m	—	—	—	0.00	7.54	0.12	0.18	0.25	0.24	0.27
Income, $m
Income, $m	Revenue	—	—	—	—	23	48	111	223	217	217
	Gross margin, %	—	—	—	—	42.32	40.71	45.40	40.13	41.68	39.85
	EBT	—	—	—	2	(98)	(119)	(54)	(133)	(146)	(154)
	EBT margin, %	—	—	—	0.00	(434.92)	(245.67)	(48.58)	(59.76)	(67.43)	(70.71)
	Net income	—	0	—	2	(98)	(119)	(53)	(129)	(144)	(151)
	Depreciation	—	—	—	—	3	6	17	45	45	46
Per share, $
Per share, $	Revenue	—	—	—	0.00	0.72	0.69	0.93	1.54	1.24	1.10
	Earnings	—	—	—	0.23	(3.15)	(1.25)	(0.42)	(0.81)	(0.76)	(0.73)
	Cash flow	—	—	—	(0.08)	(0.68)	(0.80)	(0.65)	(0.72)	(0.33)	(0.29)
	Capex	—	—	—	0.00	(0.02)	(0.06)	(0.06)	(0.09)	(0.09)	(0.07)
	Free cash flow	—	—	—	(0.08)	(0.70)	(0.86)	(0.71)	(0.81)	(0.43)	(0.36)
	Book value	—	—	—	(3.78)	(3.25)	4.17	2.65	3.29	2.54	1.95
	Shares, m	—	—	—	9	31	70	119	145	175	197
Valuation, ×
Valuation, ×	P/E	—	—	—	—	0.00	0.00	0.00	0.00	0.00	0.00
	P/S	—	—	—	—	0.00	17.34	6.20	4.93	3.27	3.20
	P/B	—	—	—	—	0.00	2.88	2.19	2.31	1.59	1.81
	EV/Sales	—	—	—	—	0.00	12.97	4.84	4.97	3.72	4.11
	EV/FCF	—	—	—	—	(19.57)	(10.48)	(6.26)	(9.37)	(10.79)	(12.22)
Cash, $m
Cash, $m	Operating cash flow	—	—	—	(1)	(21)	(56)	(77)	(104)	(59)	(57)
	Capex	—	—	—	—	(1)	(4)	(8)	(13)	(16)	(14)
	Free cash flow	—	—	—	(1)	(22)	(60)	(84)	(117)	(75)	(71)
Balance, $m
Balance, $m	Working capital	—	—	—	(23)	(92)	214	310	133	324	209
	Total debt	—	—	—	—	21	8	171	161	381	353
	Net debt	—	—	—	0	2	(212)	(150)	9	97	198
	Shareholders’ equity	—	—	—	(35)	(101)	292	314	477	445	384
Returns, %
Returns, %	ROA	—	—	—	1.19	(50.84)	(34.91)	(8.09)	(16.54)	(15.07)	(16.06)
	ROIC	—	—	—	0.00	0.00	(58.22)	(45.44)	(17.41)	(19.61)	(16.57)
	ROE	—	—	—	0.75	143.31	(92.50)	(14.32)	(29.73)	(28.75)	(34.50)

Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
POET POET Technologies Inc.	$1.0B	— (loss-making)	—	+112.25% (above 0%: growing)	n/m	−55.77% (below 0%: shrinking)	100.00%	(3,542.81%)	Compare
AIP Arteris, Inc.	$979.1M	— (loss-making)	— (loss-making)	+46.25% (above 0%: growing)	n/m	+403.35% (above 0%: growing)	85.05%	(57.63%)	Compare
CEVA Ceva, Inc.	$823.5M	— (loss-making)	— (loss-making)	+13.07% (above 0%: growing)	n/m	+31.02% (above 0%: growing)	87.44%	(7.15%)	Compare
AOSL Alpha and Omega Semiconductor Limited	$707.3M	— (loss-making)	— (loss-making)	−3.46% (below 0%: shrinking)	n/m	−45.84% (below 0%: shrinking)	23.09%	(6.45%)	Compare
NVEC NVE Corporation	$501.6M	26.6×	17.7×	+80.75% (above 0%: growing)	+78.38% (above 0%: growing)	+27.04% (above 0%: growing)	81.28%	65.85%	Compare
INDI indie Semiconductor, Inc.	$462.5M	— (loss-making)	— (loss-making)	+23.97% (above 0%: growing)	n/m	−134.86% (below 0%: shrinking)	36.07%	(54.81%)
LAES SEALSQ Corp.	$445.7M	—	—	—	—	−417.61% (below 0%: shrinking)	—	—	Compare
MRAM EVERSPIN TECH	$342.6M	— (loss-making)	946×	+41.93% (above 0%: growing)	n/m	−165.66% (below 0%: shrinking)	53.89%	(23.39%)	Compare
VLN Valens Semiconductor, Ltd.	$181.9M	— (loss-making)	— (loss-making)	+6.13% (above 0%: growing)	n/m	−1,024.55% (below 0%: shrinking)	61.52%	(43.89%)	Compare
Median of peers	$604.5M	—	—	+41.93%	—	−50.80%	81.28%	(23.39%)

All 67 Semiconductors stocks →

indie Semiconductor, Inc. (INDI) key facts

indie Semiconductor, Inc. (INDI) is a Semiconductors company in the Technology sector, listed on Nasdaq.
indie Semiconductor, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $217.4 million, roughly unchanged from fiscal 2024.
As of October 16, 2026, INDI traded at $1.82, a market capitalization of $462.5 million.
Return on equity was −34.5% and debt-to-equity 1.29.
Its Piotroski F-score is 2 out of 9 and its Altman Z-score is −0.19 (distress zone) for fiscal 2025.

Source: company filings (standardised) and stockrow calculations.