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 has reported Gross Margin for 7 years, with the latest figure 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.
- Over five years, Gross Margin peaked at 51.1% in Q4 2022 and troughed at 12.77% in Q4 2023.
- A 5-year average of 39.74% and a median of 40.56% in 2025 frame the typical range for Gross Margin.
- The sharpest annual moves came in 2023 and 2024: Gross Margin tumbled 3833 bps in 2023, then surged 2981 bps in 2024.
- Over 5 years, Gross Margin stood at 51.1% in 2022, then sank by 75 bps to 12.77% in 2023, then surged by 233 bps to 42.57% in 2024, then dropped by 12 bps to 37.3% in 2025, then rose by 2 bps to 38.01% in 2026.
- According to Business Quant data, Gross Margin over the past three periods registered 38.01%, 37.3%, and 40.06% for Q1 2026, Q4 2025, and Q3 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Nvidia | 5,000.69 Bn | 4,957.21 Bn | 61.16 Bn | 74.93% |
| 2 | Taiwan Semiconductor Manufacturing | 2,106.48 Bn | 2,009.53 Bn | 23.77 Bn | 66.25% |
| 3 | Broadcom | 1,866.23 Bn | 1,846.60 Bn | 15.42 Bn | 69.48% |
| 4 | Micron Technology | 1,057.61 Bn | 1,031.59 Bn | 35.06 Bn | 84.56% |
| 5 | Advanced Micro Devices | 822.43 Bn | 810.09 Bn | 5.42 Bn | 52.82% |
| 6 | Intel | 458.91 Bn | 444.79 Bn | 6.51 Bn | 40.36% |
| 7 | Aeluma | 301.08 Bn | 301.05 Bn | 386,000.00 | 31.59% |
| 8 | Arm Holdings | 255.32 Bn | 251.43 Bn | 1.25 Bn | 97.21% |
| 9 | Texas Instruments | 245.36 Bn | 238.36 Bn | 3.35 Bn | 61.36% |
| 10 | indie Semiconductor | 714.73 Mn | 554.36 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% |