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indie Semiconductor (INDI)
NASDAQ:INDI
Earnings Data
Report Date
May 07, 2026Before Open (Confirmed)
Period Ending
2026 (Q1)Consensus EPS Forecast
-0.07Last Year’s EPS
-0.08Same Quarter Last Year
Strong Buy
Based on 6 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call balanced concrete near-term challenges (notably Wuxi-related timing and persistent supply-chain constraints) against multiple operational positives: a revenue beat with sequential growth, improving non-GAAP losses and cost control, early commercial shipments and broad design-win momentum across radar, vision, photonics/quantum and wireless power. Management has taken active steps to mitigate supply risks, is pursuing second-source suppliers and has a potentially material cash inflection from the pending Wuxi sale. On balance, achievements and growth catalysts appear to outweigh the risks, though execution and regulatory timing remain key.Company Guidance
Revenue Beat and Sequential Growth
Q4 revenue of $58.0M exceeded the midpoint of guidance by $1M and grew ~8% sequentially; Q4 revenue was flat year-over-year. Full year revenue was $217.4M.
Improving Profitability Metrics and Cost Control
Non-GAAP operating expenses in Q4 were $36.8M (in line with outlook) after achieving targeted ~$8M–$10M savings; non-GAAP operating loss improved to $10.1M (versus $14.2M year-ago and $11.3M prior quarter).
Strong Cash Position with Potential Sale Proceeds
Ended Q4 with $155.7M in cash and equivalents. Company entered a definitive agreement to sell Wuxi indie Micro for approximately $135M gross proceeds (subject to closing), which if realized would materially bolster the balance sheet.
Radar Program Commercial Traction and Initial Shipments
First radar chipset shipments began in December; Tier 1 partner launched Gen 8 77GHz radar in Q4 with growing OEM adoption across Europe, North America, Japan, China and India. Management cites an end-market opportunity well above 50M units annual demand once beyond ramp.
Vision SoC Design Wins and DRAM-less Architecture
Design wins for iND880 and AI edge processor (DRAM-less architecture) across e-mirror and camera mirror systems at leading Tier 1s, including a strategic China EV OEM win expected to start ramping mid-2026; production for several wins targeted to begin late 2026.
Broadening TAM: Photonics, Quantum and Robotics Opportunities
Design win (with NRE) for a distributed feedback laser in LiDAR (non-automotive) and the largest LXM laser booking to date supporting quantum communications/sensing. Shipped ~$1M of optical products to quantum in 2025 with management expecting ~3x in 2026. Ongoing traction in humanoid robotics with vision/radar adoption (e.g., Figure AI, Unitree).
Wireless Power Momentum
Qi 2.0 wireless charging program with Ford remains on track for H1 2026; Qi 2.2 25W platform showing adoption and upscaling by a leading Tier 1 to another North American OEM, enabling faster power delivery via firmware upgrades.
Supply-Chain Risk Mitigation Progress
Qualified second-source package and substrate vendors, enabled additional packaging/substrate combinations and secured additional back-end/test capacity to prepare for expected volume ramps and mitigate substrate constraints.
Q1 2026 Core Business Growth Outlook
Company expects Q1 2026 total revenue of $52M–$58M (midpoint $55M), with core (non-Wuxi) revenue projected to grow ~20% sequentially to $34M at the midpoint.
INDI Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
INDI Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Feb 19, 2026 | $3.43 | $3.63 | +5.83% |
Nov 06, 2025 | $4.66 | $4.68 | +0.43% |
Aug 07, 2025 | $3.82 | $4.02 | +5.24% |
May 12, 2025 | $2.64 | $2.68 | +1.52% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does indie Semiconductor (INDI) report earnings?
indie Semiconductor (INDI) is schdueled to report earning on May 07, 2026, Before Open (Confirmed).
What is indie Semiconductor (INDI) earnings time?
indie Semiconductor (INDI) earnings time is at May 07, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is INDI EPS forecast?
INDI EPS forecast for the fiscal quarter 2026 (Q1) is -0.07.