indie Semiconductor (INDI) Gross Margin (2020 - 2026)
indie Semiconductor (INDI) posted Gross Margin of 36.07% for Q2 2026, down 4.49 percentage points from 40.56% a year earlier and down 1.94 percentage points from the prior quarter.
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Analysis
indie Semiconductor (INDI) Gross Margin (2020 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Gross Margin at indie Semiconductor was 37.77%, down 3.31 percentage points year-over-year; for FY2025, it came in at 39.85%, down 1.83 percentage points from FY2024.
- Annual Gross Margin shows a five-year change of -2.47 percentage points (FY2020 to FY2025).
- In prior years, indie Semiconductor's Gross Margin was 41.68% in FY2024 (+1.55 pp), 40.13% in FY2023 (-5.27 pp), 45.40% in FY2022 (+4.69 pp) and 40.71% in FY2021 (-1.61 pp).
- The Q2 2026 figure stands as the lowest quarterly Gross Margin since Q1 2022.
- On a year-over-year basis, Gross Margin has declined in each of the last three quarters, with an average year-over-year change of -1.86 percentage points over the last eight quarters.
- The strongest year-over-year quarter for Gross Margin in the past five years was Q4 2022, with a gain of 12.31 percentage points; the weakest was Q4 2023, with a drop of 11.32 percentage points.
- According to Business Quant data, Gross Margin for the three prior quarters was 38.01% (Q1 2026), 37.30% (Q4 2025) and 40.06% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Nvidia | 5,638.19 Bn | 5,412.36 Bn | 72.14 Bn | 74.98% |
| 2 | Taiwan Semiconductor Manufacturing | 2,452.80 Bn | 2,078.51 Bn | 27.22 Bn | 67.72% |
| 3 | Broadcom | 1,695.44 Bn | 1,621.48 Bn | 20.46 Bn | 69.13% |
| 4 | Micron Technology | 1,213.55 Bn | 1,152.31 Bn | 35.06 Bn | 84.56% |
| 5 | Advanced Micro Devices | 1,034.54 Bn | 991.29 Bn | 6.20 Bn | 53.77% |
| 6 | Asml Holding | 719.69 Bn | 675.53 Bn | 5.90 Bn | 52.15% |
| 7 | Intel | 601.78 Bn | 486.52 Bn | 6.51 Bn | 40.36% |
| 8 | Lam Research | 434.81 Bn | 411.60 Bn | 3.48 Bn | 51.75% |
| 9 | Applied Materials | 428.57 Bn | 394.02 Bn | 4.59 Bn | 50.31% |
| 10 | indie Semiconductor | 637.08 Mn | 44.84 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 | 39.78% |
| 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% |
API Access
indie Semiconductor Gross Margin 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=gross-margin&ticker=INDI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "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=gross-margin&ticker=INDI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();