indie Semiconductor Earnings Reports

indie Semiconductor achieved 3.3% YoY revenue growth in Q1 2025 with $54.1M in sales, reduced both GAAP and non-GAAP losses, and initiated a restructuring plan to cut costs by up to $40M annually.

indie Semiconductor reported Q3 2024 revenue of $54.0 million, a 3.1% sequential increase, with a non-GAAP gross margin of 50.4%. The strategic backlog expanded to $7.1 billion, driven by strong ADAS design-win momentum. The company guides for Q4 2024 revenue to increase by more than 7% sequentially, reaching a mid-point of $58.0 million.

indie Semiconductor reported second-quarter revenue of $52.4 million, which was flat compared to the prior year. The company's Non-GAAP gross margin was 50.3%. The company anticipates a return to revenue growth in the second half of 2024 and expects revenue to increase by 2.5% sequentially in Q3 2024.

indie Semiconductor reported a 29% year-over-year increase in revenue, reaching $52.4 million for Q1 2024. The company's non-GAAP gross margin was 50.3%. Despite automotive market contraction, indie exceeded industry peer growth, driven by Autotech market momentum. The company anticipates a return to high growth in the second half of the year, fueled by new product ramps and key vehicle launches.

indie Semiconductor reported a record fourth-quarter revenue of $70.1 million, up 112% year-over-year, with a non-GAAP gross margin of 52.7%. The company's GAAP operating loss was $20.6 million, while the non-GAAP operating loss was $2.4 million.

indie Semiconductor reported a record revenue of $60.5 million for Q3 2023, up 101% year-over-year and 16% sequentially. The company's non-GAAP gross margin expanded to 52.7%. Strategic backlog increased to $6.3 billion.

indie Semiconductor reported Q2 revenue of $52.1 million, a 102% increase year-over-year and a 29% increase sequentially. The company's non-GAAP gross margin expanded to 52.2%. They anticipate achieving non-GAAP operating income in Q4.

indie Semiconductor reported a record first quarter with revenue up 84% year-over-year to $40.5 million. Non-GAAP gross margin expanded to 52.2%. The company is guiding for continued growth in Q2 and expects to reach profitability in the second half of the year.

indie Semiconductor reported a record fourth-quarter revenue of $33.0 million, up 74% year-over-year, and a non-GAAP gross margin of 52.2%, up 590 basis points year-over-year.

indie Semiconductor reported record third quarter revenue of $30.0 million, a 147% increase year-over-year and a 17% increase sequentially. Non-GAAP gross margin expanded to 50.4%. The strategic backlog grew to $4.3 billion.

indie Semiconductor reported record revenue of $25.8 million, a 181% year-over-year increase and a 17% sequential increase. The company's non-GAAP gross margin expanded to 48.6%.

indie Semiconductor reported a record first quarter revenue of $22.0 million, a 171% year-over-year increase and a 16% sequential growth. The company's non-GAAP gross margin expanded to 47.4%.

indie Semiconductor reported record fourth quarter revenue of $19 million, up 56% sequentially and 185% year-over-year. Non-GAAP gross margin expanded to 46.3%. The company anticipates continued growth and margin expansion in Q1 2022.

indie Semiconductor reported record third quarter revenue of $12.2 million, a 60% increase year-over-year, and a non-GAAP gross margin of 43.0 percent. The company is guiding for continued revenue growth and margin expansion in the fourth quarter.

indie Semiconductor reported a record revenue of $9.2 million, a 148% increase year-over-year. The company exited the quarter with $354 million in cash and cash equivalents and anticipates sustained gross margin expansion in Q3 2021.