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Employees: 800
Size indie Semiconductor (INDI) is a United States Information Technology company (Semiconductors) with a market value of $420M, the 2822nd largest of 3,117 United States companies the cockpit tracks. Shares closed at $1.81 on 6 Nov 2026.
Performance Over six months the shares fell 57.9%, against -24.5% for the median peer and -1.1% for the United States market (cap-weighted) — 3rd lowest of 21 in its peer set.
Growth Revenue grew 6.2% over the last twelve months (peer median +2.8%); the operating margin is -62.4% (peer median 1.4%).
Valuation It trades at 3.2× enterprise value to sales against a peer median of 3.7× (10th cheapest of 21).
Capital Return on invested capital runs 30.6 points below its cost of capital (12.5% WACC).
Backlog Backlog (remaining performance obligations) was $3.00M at 31 Mar 2025, down 57% on a year earlier — 0.0 years of trailing revenue. Backlog detail →
Next results Next results expected around 25 Feb 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | $231M | $217M | $217M | $223M | $111M |
| Revenue growth | — | 0% | -3% | +101% | — |
| Gross profit | $87.3M | $86.6M | $90.3M | $89.6M | $50.3M |
| EBITDA | -$98.4M | -$101M | -$122M | -$97.0M | -$102M |
| Net income | -$151M | -$143M | -$133M | -$118M | -$43.4M |
| Free cash flow | -$83.7M | -$71.4M | -$72.9M | -$117M | -$84.3M |
| Capital expenditure | $12.2M | $14.3M | $16.1M | $12.8M | $7.57M |
| Total debt | $431M | $370M | $399M | $174M | $183M |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | INDI | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -30.5% | -19.9% | 8th lowest of 21 |
| 6-month return | -57.9% | -24.5% | 3rd lowest of 21 |
| Distance from 52-week high | -67.0% | -49.0% | 3rd lowest of 21 |
| Revenue growth (TTM) | +6.2% | +2.8% | 10th highest of 21 |
| Operating margin | -62.4% | 1.4% | 2nd lowest of 20 |
| EV / Sales | 3.2× | 3.7× | 10th cheapest of 21 |
| ROIC minus cost of capital | -30.6 pp | -6.0 pp | lowest of 19 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | EV / Sales | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| indie Semiconductor INDI | United States | $420M | -58% | +6% | -62% | 3.2× | n/a | n/a |
| SEMCO Technologies ALSEM.PA | France | $421M | -34% | +7% | n/a | 9.8× | 26.2% | n/a |
| TSEC 6443.TW | Taiwan | $423M | -31% | -55% | -122% | 11.6× | n/a | n/a |
| MiCo 059090.KS | South Korea | $431M | -18% | +60% | 6% | 1.6× | n/a | n/a |
| Shenzhen Changfang 300301.SZ | China | $406M | -9% | -11% | -23% | 6.9× | n/a | n/a |
| Zerun 301636.SZ | China | $405M | -32% | -5% | 0% | 2.8× | n/a | n/a |
| ITH 6962.TW | Taiwan | $436M | -17% | -3% | 2% | 0.6× | 1.4% | -4.9% |
| Senba Sensing Technology 300701.SZ | China | $400M | -29% | -7% | 10% | 6.2× | 28.3% | +4.3% |
| Clenergy Technology 603628.SS | China | $441M | -13% | -21% | 4% | 2.3× | 13.0% | +18.4% |
| Phoenix Pioneer Technology 6920.TWO | Taiwan | $442M | -44% | +32% | -10% | 8.8× | n/a | n/a |
| Cheng Mei Instrument Technology 7853.TWO | Taiwan | $442M | -20% | +2% | -46% | 37.8× | n/a | n/a |
| Truelight 3234.TWO | Taiwan | $443M | +8% | +10% | -24% | 20.9× | n/a | n/a |
| Triductor Technology (Suzhou) 688259.SS | China | $446M | -30% | -32% | -16% | 8.3× | 55.4% | +11.6% |
| Taiwan-Asia Semiconductor 2340.TW | Taiwan | $448M | -19% | 0% | -26% | 4.2× | n/a | n/a |
| Anpec Electronics 6138.TWO | Taiwan | $449M | -20% | +18% | 19% | 1.6× | -1.6% | +6.8% |
| Guangzhou Anyka Microelectronics 688620.SS | China | $449M | -11% | +70% | 1% | 3.2× | n/a | n/a |
| Advanced Power Electronics 8261.TW | Taiwan | $392M | -12% | +3% | 24% | 2.8× | 5.0% | -0.1% |
| S & S Tech 101490.KS | South Korea | $451M | -71% | +20% | 20% | 2.2× | n/a | n/a |
| Japan Electronic Materials 6855.T | Japan | $451M | -31% | +38% | 26% | 1.6× | 10.9% | +9.7% |
| Keystone Technology 605588.SS | China | $390M | -37% | -7% | -9% | 2.8× | n/a | n/a |
| IntelliEPI Inc. (Cayman) 4971.TWO | Taiwan | $452M | -60% | +31% | 19% | 12.9× | n/a | n/a |
indie Semiconductor reported $3.00M of remaining performance obligations at 31 Mar 2025, down 57% from a year earlier and down 29% from the previous quarter. That is 0.0 years of trailing revenue already under contract. Book-to-bill last quarter: 0.98.