Indie Semiconductor, Inc. balance sheet

At the end of fiscal 2025, Indie Semiconductor, Inc. had total assets of $841m, total liabilities of $457m and shareholders' equity of $358m. It held $145m in cash against $362m of debt: net debt of $217m.

Balance sheet

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Indie Semiconductor, Inc.: balance sheet, annual
Fiscal year	2020Dec 2020	2021Dec 2021	2022Dec 2022	2023Dec 2023	2024Dec 2024	2025Dec 2025	LTMJun 2026
Cash and equivalents	19	219	322	152	274	145	139
Receivables	6	14	26	64	52	57	68
Inventory	3	9	13	33	50	49	68
Total current assets	30	248	374	272	409	286	312
Goodwill	2	114	136	295	266	293	287
Total assets	35	469	603	819	941	841	842
Accounts payable	5	5	14	18	28	22	25
Deferred revenue (current)	2	2	2	2	3	5	4
Total current liabilities	122	34	64	139	85	77	85
Short-term debt	8	2	16	4	12	14	12
Long-term debt	12	6	156	157	369	340	404
Total debt	21	8	171	165	393	362	428
Total liabilities	137	177	289	342	496	457	519
Shareholders' equity	−110	313	313	446	418	358	295
Non-controlling interests and other (assets − liabilities − equity)	9	−21	—	31	28	26	27
Net debt (negative = net cash)	2	−211	−150	13	119	217	289

US$ millions unless shown otherwise. Fiscal quarters.

Indie Semiconductor, Inc.: balance sheet, quarterly
Quarter	2024 Q3Sept 2024	2024 Q4Dec 2024	2025 Q1Mar 2025	2025 Q2Jun 2025	2025 Q3Sept 2025	2025 Q4Dec 2025	2026 Q1Mar 2026	2026 Q2Jun 2026
Receivables	56	52	63	59	53	57	60	68
Inventory	52	50	48	47	46	49	57	68
Total current assets	241	409	382	332	297	286	327	312
Goodwill	275	266	268	291	291	293	290	287
Total assets	797	941	909	868	855	841	870	842
Accounts payable	26	28	18	20	19	22	24	25
Deferred revenue (current)	3	3	3	3	3	5	4	4
Total current liabilities	101	85	72	76	79	77	80	85
Short-term debt	19	12	12	14	14	14	12	12
Long-term debt	158	369	367	338	339	340	403	404
Total debt	177	381	379	352	354	353	415	416
Total liabilities	309	496	477	453	462	457	521	519
Shareholders' equity	459	418	406	390	369	358	325	295
Non-controlling interests and other (assets − liabilities − equity)	30	28	26	25	24	26	24	27

Balances at each fiscal year end (quarter end in the quarterly view). Total debt is short- plus long-term borrowings, including lease debt where the company reports it within debt. Where assets do not equal liabilities plus shareholders' equity, the difference (non-controlling interests, redeemable preferred shares) is shown on its own line.

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Figures from Indie Semiconductor, Inc.'s SEC filings (10-K and 10-Q), retrieved October 29, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Indie Semiconductor, Inc.