The Tip Desk

indie Semiconductor, Inc.

Company Stats

Market Cap
$678.0M
as of Sep 30, 2026
Enterprise Value
$886.0M
Shares Outstanding
231.8M
Free Float
92.8%

Income Statement

Revenue
$217.4M
Operating Income
-$154.2M
Net Income
-$143.1M
Non-cash Impairment
$376,000
Revenue Growth, 3Y
25.2%
FCF Margin, 3Y Avg
-39.7%
FCF Margin, Worst Year
-52.5%

Cash Flow

Free Cash Flow
-$71.4M
FCF Yield
-10.5%
Owner FCF Yield
-20.1%

Balance Sheet

Cash & Equivalents
$145.5M
Total Debt
$353.4M
Net Debt
$207.9M

Returns & Capital

SBC, 3Y Avg
$58.7M

Cash Flow by Year

YearRevenueFCFMargin
FY2025$217.4M-$71.4M-32.9%
FY2024$216.7M-$72.9M-33.7%
FY2023$223.2M-$117.1M-52.5%
FY2022$110.8M-$84.3M-76.1%
FY2021$48.4M-$58.5M-120.8%

Annual filing data through FY ended December 31, 2025; shares and float as of November 5, 2026. Yields and enterprise value use the calculated market cap above, at its as-of date. Ratios are our calculations from reported figures.

Earnings

Other Coverage