indie Semiconductor (INDI) Gross Margin (2020 - 2026)
indie Semiconductor's (INDI) quarterly Gross Margin came in at 38.01% in Q1 2026, down 369.0% year-on-year from 14.13% in Q1 2025, and up 1.89% quarter-over-quarter from 37.3% in Q4 2025.
indie Semiconductor (INDI) Gross Margin (2020 - 2026) Analysis & Trends
indie Semiconductor has disclosed Gross Margin across 7 years of filings, most recently posting 38.01% for Q1 2026.
- Gross Margin for Q1 2026 came in at 38.01%, down 369.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 38.93% (down 255.0% YoY), and the FY2025 annual result was 39.85%, down 183.0% from the prior year.
- Gross Margin came in at 38.01% for Q1 2026 at indie Semiconductor, up from 37.3% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 51.1% in Q4 2022 to a low of 12.77% in Q4 2023.
- The 5-year median for Gross Margin is 40.56% (2025), against an average of 39.74%.
- Across the five-year window, Gross Margin tumbled 3833 bps in 2023 and soared 2981 bps in 2024, its largest moves.
- indie Semiconductor's Gross Margin stood at 51.1% in 2022, then sank by 75 bps to 12.77% in 2023, then soared by 233 bps to 42.57% in 2024, then decreased by 12 bps to 37.3% in 2025, then grew by 2 bps to 38.01% in 2026.
- The last three Gross Margin figures came in at 38.01% (Q1 2026), 37.3% (Q4 2025), and 40.06% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Nvidia | 5,067.76 Bn | 5,024.29 Bn | 61.16 Bn | 74.93% |
| 2 | Broadcom | 1,880.14 Bn | 1,865.96 Bn | 13.16 Bn | 68.13% |
| 3 | Micron Technology | 1,065.25 Bn | 1,050.66 Bn | 17.76 Bn | 74.41% |
| 4 | Taiwan Semiconductor Manufacturing | 994.72 Bn | 897.77 Bn | 23.77 Bn | 66.25% |
| 5 | Advanced Micro Devices | 795.92 Bn | 783.57 Bn | 5.42 Bn | 52.82% |
| 6 | Intel | 560.09 Bn | 540.89 Bn | 5.35 Bn | 39.38% |
| 7 | Texas Instruments | 264.46 Bn | 259.36 Bn | 2.80 Bn | 58.01% |
| 8 | Marvell Technology | 257.66 Bn | 253.82 Bn | 1.26 Bn | 52.15% |
| 9 | Qualcomm | 230.46 Bn | 220.66 Bn | 4.16 Bn | 45.92% |
| 10 | indie Semiconductor | 922.30 Mn | 761.94 Mn | 21.08 Mn | 38.01% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 38.01% |
| Dec 31, 2025 | 37.30% |
| Sep 30, 2025 | 40.06% |
| Jun 30, 2025 | 40.56% |
| Mar 31, 2025 | 41.70% |
| Dec 31, 2024 | 42.57% |
| Sep 30, 2024 | 39.35% |
| Jun 30, 2024 | 42.24% |
| Mar 31, 2024 | 42.53% |
| Dec 31, 2023 | 12.77% |
| Sep 30, 2023 | 41.82% |
| Jun 30, 2023 | 38.35% |
| Mar 31, 2023 | 40.53% |
| Dec 31, 2022 | 51.10% |
| Sep 30, 2022 | 50.13% |
| Jun 30, 2022 | 41.07% |
| Mar 31, 2022 | 35.49% |
| Dec 31, 2021 | 38.79% |
| Sep 30, 2021 | 43.00% |
| Jun 30, 2021 | 42.06% |