indie Semiconductor, Inc.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Revenue | $217.4M | $216.7M | $223.2M | $110.8M | $48.4M | $22.6M |
| Cost of Revenue | $130.8M | $126.4M | $133.6M | $60.5M | $28.7M | $13.0M |
| Gross Profit | $86.6M | $90.3M | $89.6M | $50.3M | $19.7M | $9.6M |
| Gross Margin | 39.9% | 41.7% | 40.1% | 45.4% | 40.7% | 42.3% |
| Operating Expenses | ||||||
| Research & Development | $154.1M | $175.1M | $154.5M | $121.2M | $58.1M | $22.0M |
| SG&A Expense | $77.7M | $80.9M | $70.5M | $48.2M | $36.4M | $6.8M |
| Operating Income | $-154.2M | $-170.1M | $-135.4M | $-119.1M | $-74.8M | $-19.2M |
| Operating Margin | -70.9% | -78.5% | -60.7% | -107.5% | -154.5% | -85.1% |
| Interest Expense | $17.6M | $9.3M | $8.7M | $1.7M | $1.2M | $2.2M |
| Pretax Income | $-153.7M | $-146.1M | $-133.4M | $-53.8M | $-118.9M | $-98.3M |
| Income Tax Expense | $-3.0M | $-1.9M | $-4.5M | $-1.0M | $-327.0K | $29.0K |
| Net Income | $-143.1M | $-132.6M | $-117.6M | $-43.4M | $-88.0M | $-97.5M |
| Net Margin | -65.8% | -61.2% | -52.7% | -39.2% | -181.9% | -431.2% |
| EPS (Basic) | $-0.73 | $-0.76 | $-0.81 | $-0.37 | $-1.26 | $-1.56 |
| EPS (Diluted) | $-0.73 | $-0.76 | $-0.81 | $-0.37 | $-1.26 | $-1.56 |
| Shares Outstanding (Basic) | 197.2M | 175.0M | 145.2M | 118.7M | 70.0M | 62.5M |
| Shares Outstanding (Diluted) | 197.2M | 175.0M | 145.2M | 118.7M | 70.0M | 62.5M |
| Dividends Per Share | — | — | — | — | — | — |