indie Semiconductor (INDI) Gross Margin (2020 - 2026)
indie Semiconductor's (INDI) quarterly Gross Margin came in at 36.07% in Q2 2026, down 449.0% year-over-year from 10.33% in Q2 2025, and down 5.11% quarter-over-quarter from 38.01% in Q1 2026.
Analysis
indie Semiconductor (INDI) Gross Margin (2020 - 2026) Analysis & Trends
indie Semiconductor has disclosed Gross Margin across 7 years of filings, most recently posting 36.07% for Q2 2026.
- In Q2 2026, Gross Margin fell 449.0% year-over-year to 36.07%; the TTM figure through Jun 2026 stood at 37.77% (down 331.0% YoY), while the FY2025 annual figure was 39.85%, down 183.0% from the prior year.
- Gross Margin came in at 36.07% for Q2 2026 at indie Semiconductor, down from 38.01% 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.
- Average Gross Margin over 5 years is 39.53%, with a median of 40.54% recorded in 2023.
- Year-over-year, Gross Margin slumped 3833 bps in 2023 and jumped 2981 bps in 2024.
- Over 5 years, Gross Margin stood at 51.1% in 2022, then tumbled 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 slipped by 3 bps to 36.07% in 2026.
- Per Business Quant data, the three most recent Gross Margin figures were 36.07% in Q2 2026, 38.01% in Q1 2026, and 37.3% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Nvidia | 5,260.79 Bn | 5,195.56 Bn | 72.14 Bn | 74.98% |
| 2 | Broadcom | 1,728.14 Bn | 1,704.17 Bn | 20.46 Bn | 69.13% |
| 3 | Advanced Micro Devices | 842.32 Bn | 829.21 Bn | 6.20 Bn | 53.77% |
| 4 | Arm Holdings | 280.94 Bn | 277.05 Bn | 1.25 Bn | 97.21% |
| 5 | Marvell Technology | 207.04 Bn | 203.10 Bn | 1.46 Bn | 53.14% |
| 6 | Qualcomm | 192.34 Bn | 184.04 Bn | 5.28 Bn | 53.05% |
| 7 | Monolithic Power Systems | 60.66 Bn | 59.25 Bn | 541.07 Mn | 55.18% |
| 8 | Astera Labs | 50.52 Bn | 49.27 Bn | 287.57 Mn | 73.28% |
| 9 | Credo Technology Group Holding | 30.60 Bn | 29.83 Bn | 309.08 Mn | 64.53% |
| 10 | indie Semiconductor | 718.60 Mn | 597.08 Mn | 23.09 Mn | 36.07% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 36.07% |
| 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% |