Quarterly ResultAug 7, 2026, 05:03 PM
indie Semiconductor Q2 Revenue $64M, up 24% YoY; Guides Q3
AI Summary
indie Semiconductor, Inc. reported Q2 FY26 revenue of $64 million, a 24% increase year-over-year, exceeding the midpoint of its guidance. The company posted a Non-GAAP Operating Loss of $8.9 million and a Non-GAAP Net Loss Per Share of $0.05, indicating continued progress towards profitability. Key business highlights include securing a radar design win with a Tier 1 supplier for Volvo, launching the iND881 Edge AI SoC, and achieving record Quantum bookings. For Q3 FY26, indie Semiconductor anticipates revenue between $67 million and $73 million.
Key Highlights
- Q2 FY26 revenue reached $64 million, marking a 24% year-over-year increase.
- Reported a Non-GAAP Operating Loss of $8.9 million for the second quarter.
- Non-GAAP Net Loss Per Share for Q2 FY26 was $0.05.
- Total cash, cash equivalents, and restricted cash amounted to $149 million.
- Q3 FY26 revenue guidance is set between $67 million and $73 million.
- Secured a radar design win with a leading Tier 1 supplier supporting Volvo.
- Launched iND881, a next-generation Edge AI SoC for automotive and physical AI.
- Achieved a record quarter for Quantum bookings, including new customer-funded programs.
Price Impact
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