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.
Net new backlog added in the latest quarter: -$1.20M.
100% of the backlog is due within the next twelve months.
Customer prepayments (contract liabilities) cover 103.3% of the backlog.
Twelve-month book-to-bill: 0.98, i.e. 0.98 of new orders for every 1 of revenue recognised.
Backlog growth minus revenue growth: -50 points — revenue is catching up with orders.
The latest filed figure is more than 200 days old.
indie Semiconductor backlog history
Remaining performance obligations at each quarter end (bars) against trailing twelve-month revenue (line).
Amounts in USD. Source: SEC XBRL filings.
Quarter end
Backlog (RPO)
TTM revenue
Coverage
Customer prepayments
31 Mar 2025
$3.00M
$218M
0.0 yrs
$3.10M
31 Dec 2024
$4.20M
$217M
0.0 yrs
$2.70M
30 Sep 2024
$5.40M
$229M
0.0 yrs
$3.10M
30 Jun 2024
$4.90M
$235M
0.0 yrs
$3.20M
31 Mar 2024
$7.00M
$235M
0.0 yrs
$2.90M
31 Dec 2023
$10.5M
$223M
0.0 yrs
$2.50M
30 Sep 2023
$16.7M
$186M
0.1 yrs
$1.30M
30 Jun 2023
$21.6M
$156M
0.1 yrs
$1.50M
31 Mar 2023
$27.1M
$129M
0.2 yrs
$1.80M
31 Dec 2022
$32.2M
$111M
0.3 yrs
$1.70M
30 Sep 2022
$39.9M
$96.7M
0.4 yrs
$1.60M
30 Jun 2022
$45.2M
$78.9M
0.6 yrs
$1.80M
Questions
What is indie Semiconductor's backlog?
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.
About these numbers
Remaining performance obligations (RPO) are revenue a company has contracted but not yet recognised, as reported in its SEC filings (XBRL tag RevenueRemainingPerformanceObligation). Coverage = backlog ÷ trailing twelve-month revenue. Book-to-bill = (change in backlog + revenue) ÷ revenue. Conversion = revenue recognised ÷ the backlog at the start of each quarter, summed over four quarters. Counterparty values come from company filings and releases.