Filing Flows › indie Semiconductor (INDI) › Q2 2025
indie Semiconductor (INDI) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 8, 2025
indie Semiconductor (INDI) reported revenue of $51.6M for the second quarter 2025 (Q2 2025), -1% from a year earlier and -5% from the quarter before. Operating margin was -83.3%, net loss $41.6M (80.6% of revenue).
indie Semiconductor, Q2 2025: revenue $51.6M (-1% year over year), operating margin -83.3%, net loss $41.6M, operating cash flow −$7.6M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $51.6M | -5% | -1% |
| Operating profit | −$43.0M | — | — |
| Net earnings | −$41.6M | — | — |
| Operating cash flow | −$7.6M | — | — |
What changed
Revenue was $51.6M in Q2 2025, down 1% year over year and down 5% from the previous quarter. Product was the largest line at 96% of revenue. Service lost $1.4M year over year (down 43%), 199% of the total change.
Operating costs exceeded revenue by $43.0M, an operating margin of -83.3%. Total costs grew 6% against a revenue fall of 1%. The quarter ended with a net loss of $41.6M, wider than the previous quarter's $37.2M loss. Minority interests bore $2.6M of it: to shareholders the quarter was a loss of $39.0M.
Operating cash flow was −$7.6M. Non-cash charges added back $15.0M of share-based compensation. Working capital and other items added $19.0M. Capital expenditures of $6.0M exceeded it, leaving free cash flow of −$13.6M.
Questions
What was indie Semiconductor's revenue in the second quarter 2025?
indie Semiconductor (INDI) reported revenue of $51.6M for the second quarter 2025 (Q2 2025), -1% from a year earlier and -5% from the quarter before.
Was indie Semiconductor profitable in the second quarter 2025?
Operating loss was $43.0M (-83.3% of revenue) and net loss $41.6M.