indie Semiconductor (INDI) Cost of Revenue (2020 - 2026)
indie Semiconductor (INDI) posted Cost of Revenue of $40.92 million for Q2 2026, up 33.3% from $30.69 million a year earlier and up 19.0% from the prior quarter.
indie Semiconductor (INDI) Cost of Revenue (2020 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Cost of Revenue at indie Semiconductor was $143.84 million, up 12.1% year-over-year; for FY2025, it came in at $130.76 million, up 3.5% from FY2024.
- Annual Cost of Revenue shows a five-year compound annual growth rate of 58.6% (FY2020 to FY2025).
- In prior years, indie Semiconductor's Cost of Revenue was $126.37 million in FY2024 (-5.4%), $133.61 million in FY2023 (+120.9%), $60.49 million in FY2022 (+110.7%) and $28.7 million in FY2021 (+120.1%).
- The Q2 2026 figure stands as the highest quarterly Cost of Revenue since Q4 2023.
- On a year-over-year basis, Cost of Revenue has increased in each of the last three quarters, with growth averaging 3.5% over the last eight quarters.
- The strongest year-over-year quarter for Cost of Revenue in the past five years was Q1 2022, with growth of 192.7%; the weakest was Q4 2024, with a decline of 21.1%.
- According to Business Quant data, Cost of Revenue for the three prior quarters was $34.38 million (Q1 2026), $36.37 million (Q4 2025) and $32.17 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Nvidia | 5,638.19 Bn | 5,412.36 Bn | 72.14 Bn | 24.08 Bn |
| 2 | Taiwan Semiconductor Manufacturing | 2,452.80 Bn | 2,078.51 Bn | 27.22 Bn | 12.97 Bn |
| 3 | Broadcom | 1,695.44 Bn | 1,621.48 Bn | 20.46 Bn | 9.14 Bn |
| 4 | Micron Technology | 1,213.55 Bn | 1,152.31 Bn | 35.06 Bn | 6.40 Bn |
| 5 | Advanced Micro Devices | 1,034.54 Bn | 991.29 Bn | 6.20 Bn | 5.33 Bn |
| 6 | Asml Holding | 719.69 Bn | 675.53 Bn | 5.90 Bn | 5.41 Bn |
| 7 | Intel | 601.78 Bn | 486.52 Bn | 6.51 Bn | 9.62 Bn |
| 8 | Lam Research | 434.81 Bn | 411.60 Bn | 3.48 Bn | 3.24 Bn |
| 9 | Applied Materials | 428.57 Bn | 394.02 Bn | 4.59 Bn | 4.53 Bn |
| 10 | indie Semiconductor | 637.08 Mn | 44.84 Mn | 23.09 Mn | 40.92 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 40.92 Mn |
| Mar 31, 2026 | 34.38 Mn |
| Dec 31, 2025 | 36.37 Mn |
| Sep 30, 2025 | 32.17 Mn |
| Jun 30, 2025 | 30.69 Mn |
| Mar 31, 2025 | 31.53 Mn |
| Dec 31, 2024 | 33.31 Mn |
| Sep 30, 2024 | 32.73 Mn |
| Jun 30, 2024 | 30.24 Mn |
| Mar 31, 2024 | 30.09 Mn |
| Dec 31, 2023 | 42.24 Mn |
| Sep 30, 2023 | 35.19 Mn |
| Jun 30, 2023 | 32.13 Mn |
| Mar 31, 2023 | 24.06 Mn |
| Dec 31, 2022 | 16.15 Mn |
| Sep 30, 2022 | 14.97 Mn |
| Jun 30, 2022 | 15.18 Mn |
| Mar 31, 2022 | 14.19 Mn |
| Dec 31, 2021 | 11.61 Mn |
| Sep 30, 2021 | 6.93 Mn |
indie Semiconductor Cost of Revenue API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=INDI&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cost-of-revenue", "ticker": "INDI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=INDI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();