indie Semiconductor (INDI) Gross Margin (2020 - 2026)
indie Semiconductor (INDI) posted Gross Margin of 38.01% for Q1 2026, up 1.89% sequentially from 37.3% in Q4 2025, and down 369.0% YoY from 14.13% in Q1 2025.
indie Semiconductor (INDI) Gross Margin (2020 - 2026) Analysis & Trends
indie Semiconductor (INDI) has 7 years of Gross Margin data on file, last reported at 38.01% in Q1 2026.
- Quarterly Gross Margin fell 369.0% year-over-year to 38.01% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 38.93% (down 255.0% YoY) and the FY2025 annual result came in at 39.85%, down 183.0% from the prior year.
- Gross Margin improved to 38.01% in Q1 2026 per INDI's latest filing, from 37.3% in the prior quarter.
- The five-year high for Gross Margin was 51.1% in Q4 2022, with the low at 12.77% in Q4 2023.
- Average Gross Margin over 5 years is 39.74%, with a median of 40.56% recorded in 2025.
- Year-over-year, Gross Margin sank 3833 bps in 2023 and jumped 2981 bps in 2024.
- indie Semiconductor's Gross Margin stood at 51.1% in 2022, then slumped by 75 bps to 12.77% in 2023, then soared by 233 bps to 42.57% in 2024, then declined by 12 bps to 37.3% in 2025, then gained by 2 bps to 38.01% in 2026.
- Business Quant data shows INDI's Gross Margin at 38.01% in Q1 2026, 37.3% in Q4 2025, and 40.06% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Nvidia | 4,798.43 Bn | 4,754.95 Bn | 61.16 Bn | 74.93% |
| 2 | Micron Technology | 1,164.41 Bn | 1,138.39 Bn | 35.06 Bn | 84.56% |
| 3 | Advanced Micro Devices | 882.18 Bn | 869.83 Bn | 5.42 Bn | 52.82% |
| 4 | Intel | 645.64 Bn | 626.45 Bn | 5.35 Bn | 39.38% |
| 5 | Aeluma | 370.26 Bn | 370.22 Bn | 386,000.00 | 31.59% |
| 6 | Arm Holdings | 358.73 Bn | 355.13 Bn | 1.46 Bn | 97.85% |
| 7 | Texas Instruments | 271.25 Bn | 266.15 Bn | 2.80 Bn | 58.01% |
| 8 | Marvell Technology | 239.95 Bn | 236.10 Bn | 1.26 Bn | 52.15% |
| 9 | Qualcomm | 193.93 Bn | 184.13 Bn | 4.16 Bn | 45.92% |
| 10 | indie Semiconductor | 939.90 Mn | 779.54 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% |