Indie Semiconductor, Inc. ( (INDI) ) has released its Q2 earnings. Here is a breakdown of the information Indie Semiconductor, Inc. presented to its investors.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Indie Semiconductor, Inc., based in Aliso Viejo, California, is a pioneering company in the automotive sector, specializing in advanced semiconductors, photonics, and software platforms that enhance automotive systems such as ADAS, in-cabin user experience, and electrification applications.
In its second-quarter 2025 earnings report, Indie Semiconductor reported a revenue of $51.6 million, surpassing the midpoint of its outlook, with a non-GAAP gross margin of 49.1%. The company also highlighted its strategic initiatives, including a definitive agreement to acquire emotion3D to bolster its vision software capabilities and the strengthening of its balance sheet through the repurchase of 2027 Convertible Notes.
Key financial metrics revealed a GAAP operating loss of $43.0 million, an increase from the previous year, while the non-GAAP operating loss improved to $14.5 million from $17.2 million. The company also reported a GAAP loss per share of $0.20 and a non-GAAP loss per share of $0.08. Strategic highlights included continued momentum in ADAS products, the commencement of production for the iND880 vision processor, and capturing new design wins in wireless charging and occupancy monitoring systems.
Looking ahead, Indie Semiconductor anticipates third-quarter 2025 revenue between $52 million and $56 million, with a non-GAAP gross margin ranging from 49% to 50%. The company’s management remains optimistic about leveraging its technology leadership in radar and vision to capitalize on the long-term growth opportunities in the automotive semiconductor market.