6 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Overview →
| FY | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| 2025 | $217M | -$151M | 39.9% | -70.9% | -$71M | $353M | $145M |
| 2024 | $217M | -$144M | 41.7% | -78.5% | -$73M | $381M | $274M |
| 2023 | $223M | -$129M | 40.1% | -60.7% | -$117M | $161M | $152M |
| 2022 | $111M | -$53M | 45.4% | -107.5% | -$84M | $171M | $322M |
| 2021 | $48M | -$119M | 40.7% | -154.5% | -$59M | $8M | $219M |
| 2020 | $23M | -$97M | 42.3% | -85.1% | -$22M | $21M | $19M |
| Quarter | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| Mar '26 | $55M | -$43M | 38.0% | -70.1% | -$25M | $415M | $174M |
| Dec '25 | $58M | -$31M | 37.3% | -58.5% | -$16M | $353M | $145M |
| Sep '25 | $54M | -$38M | 40.1% | -71.4% | -$10M | $354M | $161M |
| Jun '25 | $52M | -$39M | 40.6% | -83.3% | -$14M | $352M | $193M |
| Mar '25 | $54M | -$35M | 41.7% | -72.0% | -$31M | $379M | $237M |
| Dec '24 | $58M | -$33M | 42.6% | -58.4% | -$9M | $381M | $274M |
| Sep '24 | $54M | -$50M | 39.3% | -92.5% | -$29M | $177M | $97M |
| Jun '24 | $52M | -$19M | 42.2% | -70.0% | -$23M | $170M | $112M |
| Mar '24 | $52M | -$31M | 42.5% | -94.8% | -$12M | $170M | $138M |
| Dec '23 | $70M | -$15M | 39.8% | -30.8% | -$21M | $161M | $152M |
| Sep '23 | $60M | -$17M | 41.8% | -59.8% | -$17M | $161M | $161M |
| Jun '23 | $52M | -$13M | 38.3% | -78.2% | -$44M | $160M | $181M |
| Mar '23 | $40M | -$73M | 40.5% | -91.4% | -$36M | $161M | $207M |
| Dec '22 | $33M | -$12M | 51.1% | -87.7% | -$21M | $171M | $322M |
| Sep '22 | $30M | -$38M | 50.1% | -86.2% | -$25M | $17M | $150M |
| Jun '22 | $26M | -$4M | 41.1% | -116.4% | -$22M | $18M | $164M |
| Mar '22 | $22M | $11M | 35.5% | -156.1% | -$16M | $18M | $193M |
| Dec '21 | $19M | -$25M | 38.8% | -142.0% | -$20M | $8M | $219M |
| Sep '21 | $12M | -$80M | 43.0% | -174.9% | -$16M | $2M | $324M |
| Jun '21 | $9M | $6M | 42.1% | -201.6% | -$14M | $2M | $354M |
How the market has priced INDI against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.
Over the past 5 years, Indie Semiconductor, Inc.'s revenue has grown 57.2% per year. These are computed facts, not advice.
As of FY2025, Indie Semiconductor, Inc. reported $353M of total debt against $145M of cash; operating income covered interest expense -8.7×.
In FY2025, gross margin was 39.9%, operating margin -70.9%, and net margin -69.3%.
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.