Quarterly
Annual
| Unit: USD | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
revenue: | ||||||||||||||||||
product revenue | 51,073,000 | 49,720,000 | 50,420,000 | 53,826,000 | 51,285,000 | 49,009,000 | 48,578,000 | 63,153,000 | 53,363,000 | 45,455,000 | 33,653,000 | 26,494,000 | 24,425,000 | 20,452,000 | 18,086,000 | 16,326,000 | 11,099,000 | 8,888,000 |
contract revenue | 2,603,000 | 1,914,000 | 3,657,000 | 4,183,000 | 2,680,000 | 3,346,000 | 3,775,000 | 6,980,000 | 7,113,000 | 6,653,000 | 6,799,000 | 6,533,000 | 5,591,000 | 5,303,000 | 3,913,000 | 2,635,000 | 1,058,000 | 292,000 |
total revenue | 53,676,000 | 51,634,000 | 54,077,000 | 58,009,000 | 53,965,000 | 52,355,000 | 52,353,000 | 70,133,000 | 60,476,000 | 52,108,000 | 40,452,000 | 33,027,000 | 30,016,000 | 25,755,000 | 21,999,000 | 18,961,000 | 12,157,000 | 9,180,000 |
yoy | -0.54% | -1.38% | 3.29% | -17.29% | -10.77% | 0.47% | 29.42% | 112.35% | 101.48% | 102.32% | 83.88% | 74.18% | 146.90% | 180.56% | ||||
qoq | 3.95% | -4.52% | -6.78% | 7.49% | 3.08% | 0.00% | -25.35% | 15.97% | 16.06% | 28.81% | 22.48% | 10.03% | 16.54% | 17.07% | 16.02% | 55.97% | 32.43% | |
operating expenses: | ||||||||||||||||||
cost of goods sold | 32,173,000 | 30,693,000 | 31,528,000 | 33,313,000 | 32,730,000 | 30,241,000 | 30,089,000 | 42,236,000 | 35,187,000 | 32,127,000 | 24,056,000 | 16,151,000 | 14,970,000 | 15,178,000 | 14,192,000 | 11,606,000 | 6,930,000 | 5,319,000 |
research and development | 37,987,000 | 38,472,000 | 42,115,000 | 38,254,000 | 45,968,000 | 41,301,000 | 49,589,000 | 34,281,000 | 41,594,000 | 42,069,000 | 36,563,000 | 33,002,000 | 30,229,000 | 28,467,000 | 29,499,000 | 20,911,000 | 15,043,000 | 13,486,000 |
selling, general, and administrative | 20,816,000 | 18,355,000 | 19,367,000 | 20,328,000 | 20,848,000 | 17,447,000 | 22,322,000 | 15,187,000 | 19,841,000 | 18,637,000 | 16,814,000 | 12,834,000 | 10,676,000 | 12,085,000 | 12,642,000 | 13,369,000 | 11,442,000 | 8,878,000 |
restructuring costs | 1,042,000 | 7,107,000 | 10,000 | 4,322,000 | ||||||||||||||
total operating expenses | 92,018,000 | 94,627,000 | 93,010,000 | 91,905,000 | 103,868,000 | 88,989,000 | 102,000,000 | 91,704,000 | 96,622,000 | 92,833,000 | 77,433,000 | 61,987,000 | 55,875,000 | 55,730,000 | 56,333,000 | 45,886,000 | 33,415,000 | 27,683,000 |
income from operations | -38,342,000 | -42,993,000 | -38,933,000 | -33,896,000 | -49,903,000 | -36,634,000 | -49,647,000 | -21,571,000 | -36,146,000 | -40,725,000 | -36,981,000 | -28,960,000 | -25,859,000 | -29,975,000 | -34,334,000 | -26,925,000 | -21,258,000 | -18,503,000 |
yoy | -23.17% | 17.36% | -21.58% | 57.14% | 38.06% | -10.05% | 34.25% | -25.51% | 39.78% | 35.86% | 7.71% | 7.56% | 21.64% | 62.00% | ||||
qoq | -10.82% | 10.43% | 14.86% | -32.08% | 36.22% | -26.21% | 130.16% | -40.32% | -11.24% | 10.12% | 27.70% | 11.99% | -13.73% | -12.70% | 27.52% | 26.66% | 14.89% | |
operating margin % | -71.43% | -83.26% | -72.00% | -58.43% | -92.47% | -69.97% | -94.83% | -30.76% | -59.77% | -78.15% | -91.42% | -87.69% | -86.15% | -116.39% | -156.07% | -142.00% | -174.86% | -201.56% |
other income, net: | ||||||||||||||||||
interest income | 1,655,000 | 2,226,000 | 2,267,000 | 1,209,000 | 994,000 | 1,076,000 | 1,309,000 | 1,654,000 | 1,858,000 | 1,870,000 | 2,419,000 | 1,747,000 | 612,000 | 175,000 | 33,000 | 13,000 | 16,000 | 13,000 |
interest expense | -4,348,000 | -4,527,000 | -4,516,000 | -2,838,000 | -2,180,000 | -2,134,000 | -2,106,000 | -2,116,000 | -2,242,000 | -2,144,000 | -2,148,000 | -1,201,000 | -166,000 | -267,000 | -58,000 | -64,000 | -25,000 | -530,000 |
gain from change in fair value of contingent considerations and acquisition-related holdbacks | 6,000 | 90,000 | 4,803,000 | 7,041,750 | -4,523,000 | 17,331,000 | 15,359,000 | 1,052,000 | 3,535,000 | 2,303,000 | -1,630,000 | |||||||
gain from extinguishment of debt | 2,623,000 | 304,000 | ||||||||||||||||
other income | -28,000 | 1,528,000 | -736,000 | -302,000 | 702,000 | -553,000 | -247,000 | -912,000 | -692,000 | 429,000 | -110,000 | 24,000 | 9,000 | -30,000 | 956,000 | -1,013,000 | 106,000 | |
total other income | -2,715,000 | 1,940,000 | 1,818,000 | -1,057,000 | -5,007,000 | 15,720,000 | 14,315,000 | 5,125,000 | 18,119,000 | 27,504,000 | -48,691,000 | 12,832,000 | -18,710,000 | 23,802,000 | 47,381,000 | -7,231,000 | -86,939,000 | 31,548,000 |
net income before income taxes | -41,057,000 | -41,053,000 | -37,115,000 | -34,953,000 | -54,910,000 | -20,914,000 | -35,332,000 | -16,446,000 | -18,027,000 | -13,221,000 | -85,672,000 | -16,128,000 | -44,569,000 | -6,173,000 | 13,047,000 | -34,156,000 | -108,197,000 | 13,045,000 |
income tax benefit | 363,000 | -565,000 | -56,000 | 584,000 | 315,000 | -86,000 | 1,109,000 | 1,820,000 | -650,000 | -342,000 | 3,706,000 | 370,000 | -863,000 | 869,000 | 659,000 | |||
net income | -40,694,000 | -41,618,000 | -37,171,000 | -34,369,000 | -54,595,000 | -21,000,000 | -34,223,000 | -14,626,000 | -18,677,000 | -13,563,000 | -81,966,000 | -15,758,000 | -45,432,000 | -5,304,000 | 13,706,000 | -33,795,000 | -108,161,000 | 12,988,000 |
yoy | -25.46% | 98.18% | 8.61% | 134.99% | 192.31% | 54.83% | -58.25% | -7.18% | -58.89% | 155.71% | -698.03% | -53.37% | -58.00% | -140.84% | ||||
qoq | -2.22% | 11.96% | 8.15% | -37.05% | 159.98% | -38.64% | 133.99% | -21.69% | 37.71% | -83.45% | 420.15% | -65.32% | 756.56% | -138.70% | -140.56% | -68.75% | -932.78% | |
net income margin % | -75.81% | -80.60% | -68.74% | -59.25% | -101.17% | -40.11% | -65.37% | -20.85% | -30.88% | -26.03% | -202.63% | -47.71% | -151.36% | -20.59% | 62.30% | -178.23% | -889.70% | 141.48% |
less: net income attributable to noncontrolling interest | -2,405,000 | -2,580,000 | -2,625,000 | -1,787,000 | -4,913,000 | -1,840,000 | -3,044,000 | 29,000 | -1,580,000 | -436,000 | -9,220,000 | -3,366,000 | -7,825,000 | -1,070,000 | 2,873,000 | -8,436,000 | -28,512,000 | 6,839,000 |
net income attributable to indie semiconductor, inc. | -38,289,000 | -39,038,000 | -34,546,000 | -32,582,000 | -49,682,000 | -19,160,000 | -31,179,000 | -14,655,000 | -17,097,000 | -13,127,000 | -72,746,000 | -12,392,000 | -37,607,000 | -4,234,000 | 10,833,000 | -25,359,000 | -79,649,000 | 6,149,000 |
net income attributable to common shares — basic | -38,289,000 | -39,038,000 | -34,546,000 | -25,005,250 | -49,682,000 | -19,160,000 | -31,179,000 | -25,742,500 | -17,097,000 | -13,127,000 | -72,746,000 | -7,752,000 | -37,607,000 | -4,234,000 | 10,833,000 | |||
net income attributable to common shares — diluted | -38,289,000 | -39,038,000 | -34,546,000 | -25,005,250 | -49,682,000 | -19,160,000 | -31,179,000 | -25,742,500 | -17,097,000 | -13,127,000 | -72,746,000 | -7,752,000 | -37,607,000 | -4,234,000 | 10,833,000 | |||
net income per share | -0.19 | -0.2 | -0.18 | -0.18 | -0.28 | -0.11 | -0.19 | -0.08 | -0.12 | -0.09 | -0.55 | -0.1 | -0.31 | -0.04 | 0.1 | -0.19 | -0.83 | 0.13 |
weighted-average common shares outstanding — basic | 199,326,145 | 195,370,583 | 191,463,848 | 179,491,349 | 170,164,241 | 164,602,608 | 146,962,717 | 141,973,731 | 131,490,221 | 120,507,152 | 116,983,265 | 111,189,340 | ||||||
weighted-average common shares outstanding — diluted | 199,326,145 | 195,370,583 | 191,463,848 | 179,491,349 | 170,164,241 | 164,602,608 | 146,962,717 | 141,973,731 | 131,490,221 | 120,507,152 | 116,983,265 | 147,396,772 | ||||||
gain from change in fair value of warrants | 13,692,000 | 15,660,000 | 25,046,000 | -47,332,000 | 6,474,000 | -19,059,000 | 20,301,000 | 47,353,000 | 3,025,000 | -40,401,000 | 11,316,000 | |||||||
income from change in fair value of warrants | ||||||||||||||||||
gain from change in fair value of safes | 2,500,000 | |||||||||||||||||
income from change in fair value of earn-out liabilities | ||||||||||||||||||
gain from change in fair value of contingent considerations | 5,922,000 | -121,000 | 3,584,000 | |||||||||||||||
gain from change in fair value of earn-out liabilities | 83,000 | -11,161,000 | -45,516,000 | 17,839,000 | ||||||||||||||
income tax (benefit) expense | 8,500 | -36,000 | ||||||||||||||||
net income attributable to common shares —basic | -25,359,000 | -79,649,000 | 6,149,000 | |||||||||||||||
net income attributable to common shares —diluted | -25,359,000 | -79,649,000 | 3,649,000 | |||||||||||||||
weighted-average common shares outstanding—basic | 175,029,650 | 145,188,867 | 118,660,785 | 70,012,112 | 96,368,379 | 47,058,489 | ||||||||||||
weighted-average common shares outstanding—diluted | 175,029,650 | 145,188,867 | 118,660,785 | 70,012,112 | 96,368,379 | 63,647,057 | ||||||||||||
income tax expense | 57,000 |
The information provided in this report is taken from www.sec.gov and many other data providers. While we have conducted our best efforts to ensure that the parsed data is accurate, we cannot guarantee its accuracy. Please use caution and understand that any consequences of its use are your own responsibility.
