indie Semiconductor
INDI
2.60
-0.15
-5.29%
indie Semiconductor
US · INDI
#3629 by market cap
2.60
-0.15
-5.29%
Live - 5344 symbols - heartbeat 208s ago
· 2026-10-08 10:00
Pre-market
2.67
-2.55%
After-hours
2.75
+0.36%
Overnight
2.73
-0.36%
- Market cap
- 565.53M
- P/E (TTM)i
- -3.55
- P/Bi
- 1.92
- EPSi
- -0.73
- Div yieldi
- 0.00%
- 52W posi
- 7%
Reader sentiment
Are you bullish or bearish on INDI?
Anonymous reader poll. Unscientific, not investment advice.
✦ Quant Financial Health how this is computed
Weak
- Altman Z-Score is -0.33, below the 1.8 "distress zone" threshold.
- Most reliable for industrial/manufacturing companies; less meaningful for banks, insurers and other financials.
Revenue annual, last 6 years
Latest year +0.33% YoY
Margins
- Gross margin
- 39.85%
- Operating margin
- -66.77%
- Net margin
- -65.81%
Key ratios & quality
- Enterprise valuei
- 776.70M
- Altman Z-Scorei
- -0.33
Altman Z-Score below ~1.8 suggests financial distress risk, above ~3.0 suggests low risk; the model is most reliable for industrial/manufacturing companies and less meaningful for banks and other financial firms.
Income statement
| Line item | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Revenue | 22.61M | 48.41M | 110.80M | 223.17M | 216.68M | 217.39M |
| Gross profit | 9.57M | 19.71M | 50.31M | 89.56M | 90.31M | 86.63M |
| Selling & admin expenses | 6.80M | 36.38M | 48.24M | 70.48M | 80.95M | 77.69M |
| Research & development | 22.01M | 58.12M | 121.20M | 154.51M | 175.11M | 154.09M |
| Operating profit | -19.24M | -74.79M | -119.13M | -135.42M | -165.75M | -145.15M |
| Pretax profit | -98.34M | -118.93M | -53.82M | -133.37M | -146.11M | -153.73M |
| Tax | 29.00K | -327.00K | -1.04M | -4.53M | -1.92M | -3.01M |
| Net profit | -98.36M | -118.61M | -52.79M | -128.83M | -144.19M | -150.71M |
| Basic EPS | -1 | -1 | 0 | -1 | -1 | -1 |
| Diluted EPS | -0.96 | -1.26 | -0.37 | -0.81 | -0.76 | -0.73 |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Revenue | 54.08M | 51.63M | 53.68M | 58.01M | 55.46M | 64.01M |
| Gross profit | 22.55M | 20.94M | 21.50M | 21.64M | 21.08M | 23.09M |
| Selling & admin expenses | 19.37M | 18.36M | 20.82M | 19.15M | 21.42M | 20.36M |
| Research & development | 42.12M | 38.47M | 37.99M | 35.52M | 38.53M | 37.81M |
| Operating profit | -38.93M | -35.89M | -37.30M | -33.03M | -38.87M | -35.08M |
| Pretax profit | -37.12M | -41.05M | -41.06M | -34.50M | -47.44M | -39.40M |
| Tax | 56.00K | 565.00K | -363.00K | -3.27M | -319.00K | -448.00K |
| Net profit | -37.17M | -41.62M | -40.69M | -31.23M | -47.12M | -38.95M |
| Basic EPS | 0 | 0 | 0 | 0 | 0 | 0 |
| Diluted EPS | -0.18 | -0.20 | -0.19 | -0.16 | -0.21 | -0.17 |
Balance sheet
| Line item | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Total current assets | 29.98M | 248.03M | 373.87M | 271.82M | 408.75M | 285.77M |
| Cash & ST investments | 18.70M | 219.08M | 321.63M | 151.68M | 274.25M | 145.46M |
| Inventory | 2.90M | 9.08M | 13.26M | 33.14M | 49.89M | 48.62M |
| Total assets | 35.13M | 469.25M | 603.35M | 818.88M | 941.39M | 840.79M |
| Total current liabilities | 122.20M | 33.72M | 63.96M | 138.88M | 84.88M | 76.55M |
| Short-term debt | 8.49M | 2.28M | 17.66M | 6.76M | 15.20M | 16.79M |
| Long-term debt | 12.35M | 5.62M | 155.70M | 156.74M | 369.10M | 339.83M |
| Total liabilities | 136,618,000.00 | 177,396,000.00 | 289,019,000.00 | 341,851,000.00 | 495,991,000.00 | 456,773,000.00 |
| Total equity | -101.49M | 291.86M | 314.33M | 477.03M | 445.40M | 384.01M |
| Retained earnings | -153.26M | -200.42M | -243.82M | -361.44M | -494.04M | -637.11M |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Total current assets | 381.71M | 331.76M | 297.09M | 285.77M | 327.16M | 311.56M |
| Cash & ST investments | 236.61M | 192.56M | 160.87M | 145.46M | 174.43M | 138.98M |
| Inventory | 47.82M | 47.03M | 45.62M | 48.62M | 57.04M | 67.63M |
| Total assets | 909.02M | 867.63M | 855.07M | 840.79M | 869.56M | 841.53M |
| Total current liabilities | 72.04M | 76.48M | 79.16M | 76.55M | 79.64M | 85.30M |
| Short-term debt | 15.21M | 17.52M | 17.61M | 16.79M | 15.65M | 15.76M |
| Long-term debt | 367.04M | 338.23M | 339.15M | 339.83M | 402.82M | 403.74M |
| Total liabilities | 477,289,000.00 | 452,534,000.00 | 462,151,000.00 | 456,773,000.00 | 520,613,000.00 | 519,369,000.00 |
| Total equity | 431.73M | 415.10M | 392.91M | 384.01M | 348.95M | 322.16M |
| Retained earnings | -528.59M | -567.63M | -605.92M | -637.11M | -680.30M | -717.38M |
Cash flow
| Line item | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Operating cash flow | -21.22M | -55.82M | -76.75M | -104.39M | -58.60M | -57.13M |
| Depreciation & amortization | 2.65M | 5.97M | 16.76M | 34.59M | 43.06M | 43.59M |
| Free cash flow | -21.99M | -59.89M | -84.31M | -117.14M | -74.66M | -71.42M |
| Dividends paid | -- | -- | -- | -- | -- | -- |
| Stock buybacks / issuance | 0 | 4.10M | 51.66M | 53.14M | 19.85M | 0 |
| Ending cash balance | 18.70M | 219.46M | 321.88M | 151.68M | 284.55M | 155.74M |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Operating cash flow | -29.00M | -7.61M | -6.17M | -14.36M | -22.13M | -28.87M |
| Depreciation & amortization | 10.52M | 11.23M | 11.07M | 10.77M | 12.04M | 11.99M |
| Free cash flow | -31.38M | -13.62M | -10.33M | -16.10M | -25.34M | -31.99M |
| Dividends paid | -- | -- | -- | -- | -- | -- |
| Stock buybacks / issuance | -- | -- | -- | 0 | -- | -- |
| Ending cash balance | 246.91M | 202.85M | 171.16M | 155.74M | 184.71M | 149.00M |
Returns & efficiency
| Line item | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| ROE %i | -- | -86.86 | -13.87 | -31.00 | -30.69 | -36.88 |
| ROA %i | -277.57 | -34.80 | -8.08 | -16.54 | -15.07 | -16.06 |
| ROIC %i | -- | -75.05 | -10.83 | -20.92 | -17.83 | -17.43 |
| 5-year avg ROE %i | -- | -- | -- | -- | -- | -39.86 |
| EBIT margin %i | -425.22 | -243.11 | -47.05 | -55.90 | -63.22 | -63.37 |
| FCF / sales %i | -- | -- | -- | -- | -- | -- |
| Current ratioi | 0.25 | 7.36 | 5.85 | 1.96 | 4.82 | 3.73 |
| Quick ratioi | 0.20 | 6.91 | 5.44 | 1.55 | 3.84 | 2.65 |
| Debt / assetsi | 59.31 | 1.68 | 30.41 | 21.29 | 42.34 | 43.97 |
| LT debt / equityi | -- | 1.79 | 53.01 | 37.56 | 91.74 | 98.56 |
| Interest coveragei | -43.84 | -94.99 | -30.81 | -14.46 | -15.03 | -8.63 |
| Revenue CAGR (3Y) %i | -- | -- | -- | 114.51 | 64.80 | 25.19 |
| Net income CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
| FCF CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| ROE %i | -32.43 | -36.20 | -34.90 | -36.88 | -41.56 | -43.72 |
| ROA %i | -15.88 | -18.72 | -17.48 | -16.06 | -17.06 | -17.52 |
| ROIC %i | -18.33 | -21.02 | -19.49 | -17.43 | -18.25 | -18.71 |
| 5-year avg ROE %i | -- | -- | -- | -- | -- | -- |
| EBIT margin %i | -62.44 | -70.80 | -63.52 | -63.37 | -67.77 | -63.36 |
| FCF / sales %i | -- | -- | -- | -- | -- | -- |
| Current ratioi | 5.30 | 4.34 | 3.75 | 3.73 | 4.11 | 3.65 |
| Quick ratioi | 4.16 | 3.29 | 2.70 | 2.65 | 2.95 | 2.42 |
| Debt / assetsi | 43.54 | 42.53 | 43.32 | 43.97 | 49.55 | 51.25 |
| LT debt / equityi | 93.84 | 90.04 | 95.57 | 98.56 | 127.93 | 141.02 |
| Interest coveragei | -11.84 | -11.08 | -8.59 | -8.63 | -9.39 | -9.18 |
| Revenue CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
| Net income CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
| FCF CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
Revenue breakdown most recent period
Business
Designs, develops, manufactures and markets a broad range of integrated circuits100.00%
Quote time 2026-10-08 10:00:27 · For reference only, not investment advice and not tailored to your situation.