Indie Semiconductor, Inc. income statement

In fiscal 2025, Indie Semiconductor, Inc. reported revenue of $217m, up 0.3% on the year before, operating income of −$154m (a -70.9% margin) and net income of −$143m, or −$0.73 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.

Income statement

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

Indie Semiconductor, Inc.: income statement, annual
Fiscal year	2020Dec 2020	2021Dec 2021	2022Dec 2022	2023Dec 2023	2024Dec 2024	2025Dec 2025	LTMJun 2026
Revenue	23	48	111	223	217	217	231
Cost of revenue	13	29	60	134	126	131	144
Gross profit	10	20	50	90	90	87	87
Research and development	22	58	121	155	175	154	150
Selling, general and administrative	7	36	48	70	81	78	82
Operating income	−19	−75	−119	−135	−170	−154	−146
Interest expense	2	1	2	9	9	18	18
Income before tax	−98	−119	−54	−133	−146	−154	−162
Income tax	0	−0	−1	−5	−2	−3	−4
Net income	−97	−88	−43	−118	−133	−143	−150
Diluted EPS	−$3.12	−$1.26	−$0.37	−$0.81	−$0.76	−$0.73	−$0.73
Diluted shares (average)	31m	70m	119m	145m	175m	197m	205m

US$ millions unless shown otherwise. Fiscal quarters.

Indie Semiconductor, Inc.: income statement, 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
Revenue	54	58	54	52	54	58	55	64
Cost of revenue	33	33	32	31	32	36	34	41
Gross profit	21	25	23	21	22	22	21	23
Research and development	46	38	42	38	38	36	39	38
Selling, general and administrative	21	20	19	18	21	19	21	20
Operating income	−50	−34	−39	−43	−38	−34	−39	−35
Interest expense	2	3	5	5	4	4	4	5
Income before tax	−55	−35	−37	−41	−41	−35	−47	−39
Income tax	−0	−1	0	1	−0	−3	−0	−0
Net income	−50	−33	−35	−39	−38	−31	−43	−37
Diluted EPS	−$0.28	−$0.18	−$0.18	−$0.20	−$0.19	−$0.16	−$0.21	−$0.17

EBITDA is operating income plus depreciation and amortisation. EPS and share counts are restated for stock splits. A dash means the company did not report the line for that period; expense lines are shown as reported, so they need not add up to the totals when a company reports other items between them.

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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.