Indie Semiconductor Posts $58M Q4 Revenue, Narrows Operating Loss to $10.1M
Indie Semiconductor reported Q4 2025 revenue of $58 million, 8% sequential growth, and improved non-GAAP operating losses to $10.1 million from $14.2 million a year earlier. The company secured a design win with a leading Chinese EV manufacturer and expects to triple optical product shipments in 2026.
1. Fourth-quarter financial results
In Q4 2025, Indie Semiconductor achieved revenue of $58 million, an 8% sequential increase that exceeded its outlook midpoint. The company recorded a net loss of $12.4 million while reducing its non-GAAP operating loss to $10.1 million from $14.2 million in the prior year.
2. Automotive design win and supply chain strategy
Indie has gained traction in the ADAS and automated driving market, securing a major design win with a leading Chinese EV manufacturer and driving strong adoption of its radar and vision solutions in both the US and China. Management also qualified secondary source vendors for substrates and packaging to mitigate supply chain risks.
3. Outlook and market expansion
For Q1 2026, revenue is projected between $52 million and $58 million, reflecting a seasonal slowdown from Chinese New Year and reduced EV subsidies. The company is expanding into robotics and quantum computing, with plans to triple its optical product shipments over the course of 2026.