indie Semiconductor, Inc.
INDINasdaqTechnology · Semiconductors & Related Devices · DE · SEC filings ↗ · Compare ⊕
View price & chart on Yahoo Finance ↗Financials
SEC XBRL · annual| FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | |
|---|---|---|---|---|---|---|
| Revenue | $217.4M | $216.7M | $223.2M | $110.8M | $48.4M | $22.6M |
| Operating income | −$154.2M | −$170.1M | −$135.4M | −$119.1M | −$74.8M | −$19.2M |
| Net income | −$143.1M | −$132.6M | −$117.6M | −$43.4M | −$88.0M | −$97.5M |
| Total assets | $840.8M | $941.4M | $818.9M | $603.4M | $469.3M | $35.1M |
| Total liabilities | $456.8M | $496.0M | $341.9M | $289.0M | $177.4M | $136.6M |
| Equity | $358.0M | $417.9M | $446.1M | $312.8M | $313.0M | −$110.3M |
| EPS (diluted) | $-0.73 | $-0.76 | $-0.81 | $-0.37 | $-1.26 | $-3.12 |
| Shares out. | 197.2M | 175.0M | 145.2M | 118.7M | 70.0M | 31.2M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2025- Operating margin
- −70.9%
- Net margin
- −65.8%
- Return on equity
- −40.0%
- Return on assets
- −17.0%
- Return on capital (ROCE)
- −20.2%
- Liabilities / assets
- 54.3%
- Debt / equity
- 1.28×
- Book value / share
- $1.82
- Revenue growth (YoY)
- 0.3%
- Net income growth (YoY)
- —
Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.
Financial health
forensic scores · FY2025- Altman Z″ (distress)
- -1.25distress
- Accruals / assets
- −10.2%clean
- Piotroski F-Score
- 3/9weak
Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.
Quality score
EDS ScoreOur own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast.
Signs
● 2 severe● 3 warning● 2 good- Altman Z″ in the distress zone
- Filed a late-filing notice (Form NT) — missed an SEC deadline
- Operating losses (negative operating margin)
- Reported a net loss
- Negative operating cash flow
- Revenue is growing year-over-year
- Clean earnings (low accruals)
Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.
Risk flags
late SEC filings- NT 10-Kmissed a reporting deadline ↗Mar 31, 2022
A Form NT means the company notified the SEC it would file a periodic report late — often an accounting, audit or liquidity warning sign. Also search SEC enforcement actions for this company.
5%+ owners
SEC Schedule 13D / 13G · last 3 yrs- State Street CorpPassive (13G)May 12, 2026
- Neuberger Berman Group LlcPassive (13G)May 7, 2026
- Vanguard Group IncPassive (13G)Mar 27, 2026
- Granahan Investment Management, LlcPassive (13G)Nov 14, 2025
- Bamco Inc /Ny/Passive (13G)Nov 14, 2025
- Frontier Capital Management Co LlcPassive (13G)Aug 14, 2025
Holders who disclosed a 5%+ stake. 13D signals intent to influence or control; 13G is a passive holding. Latest filing per holder — open it for the exact stake.
Short interest
FINRA · bi-monthly| Settlement | Shares short | Days to cover | Δ vs prior |
|---|---|---|---|
| May 15, 2026 | 61.3M | 11.5 | +0.7% |
| Apr 30, 2026 | 60.9M | 9.4 | -4.6% |
| Apr 15, 2026 | 63.8M | 23.6 | -5.5% |
| Mar 31, 2026 | 67.5M | 16.5 | +2.9% |
| Mar 13, 2026 | 65.6M | 6.7 | +33.8% |
Shares sold short as reported to FINRA. Days-to-cover = short shares ÷ average daily volume — higher means more potential squeeze pressure.
Material events
SEC Form 8-K · most recent- Director / officer change · Shareholder voteMay 29, 2026
- Other material eventMay 11, 2026
- Results of operations · Regulation FD disclosureMay 7, 2026
- Other material eventMar 18, 2026
- Entered a material agreement · New financial obligation · Unregistered equity sale · Other material eventMar 6, 2026
- Results of operations · Regulation FD disclosureFeb 19, 2026
- Results of operations · Director / officer change · Regulation FD disclosureNov 6, 2025
- Entered a material agreement · Regulation FD disclosureOct 28, 2025
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.
Recent SEC filings
All filings ↗Event-driven situations (1)
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