indie Semiconductor (INDI) Operating Expenses (2020 - 2026)
indie Semiconductor's (INDI) quarterly Operating Expenses came in at $99.1 million in Q2 2026, up 4.72% year-over-year from $94.6 million in Q2 2025, and up 5.05% quarter-over-quarter from $94.3 million in Q1 2026.
Analysis
indie Semiconductor (INDI) Operating Expenses (2020 - 2026) Analysis & Trends
indie Semiconductor has disclosed Operating Expenses across 7 years of filings, most recently posting $99.1 million for Q2 2026.
- In Q2 2026, Operating Expenses rose 4.72% year-over-year to $99.1 million; the TTM figure through Jun 2026 stood at $377.4 million (down 1.57% YoY), while the FY2025 annual figure was $371.6 million, down 3.92% from the prior year.
- Operating Expenses came in at $99.1 million for Q2 2026 at indie Semiconductor, up from $94.3 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $103.9 million in Q3 2024 to a low of $55.7 million in Q2 2022.
- Average Operating Expenses over 5 years is $85.6 million, with a median of $92.0 million recorded in 2025.
- Year-over-year, Operating Expenses surged 247.31% in 2022 and decreased 11.41% in 2025.
- Over 5 years, Operating Expenses stood at $62.0 million in 2022, then soared by 47.94% to $91.7 million in 2023, then climbed by 0.22% to $91.9 million in 2024, then grew by 0.05% to $92.0 million in 2025, then grew by 7.76% to $99.1 million in 2026.
- Per Business Quant data, the three most recent Operating Expenses figures were $99.1 million in Q2 2026, $94.3 million in Q1 2026, and $92.0 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Nvidia | 5,260.79 Bn | 5,195.56 Bn | 72.14 Bn | 8.41 Bn |
| 2 | Broadcom | 1,728.14 Bn | 1,704.17 Bn | 20.46 Bn | 4.50 Bn |
| 3 | Advanced Micro Devices | 842.32 Bn | 829.21 Bn | 6.20 Bn | 4.21 Bn |
| 4 | Arm Holdings | 280.94 Bn | 277.05 Bn | 1.25 Bn | -1.16 Bn |
| 5 | Marvell Technology | 207.04 Bn | 203.10 Bn | 1.46 Bn | 995.90 Mn |
| 6 | Qualcomm | 192.34 Bn | 184.04 Bn | 5.28 Bn | 8.32 Bn |
| 7 | Monolithic Power Systems | 60.66 Bn | 59.25 Bn | 541.07 Mn | 237.18 Mn |
| 8 | Astera Labs | 50.52 Bn | 49.27 Bn | 287.57 Mn | 198.32 Mn |
| 9 | Credo Technology Group Holding | 30.60 Bn | 29.83 Bn | 309.08 Mn | 188.38 Mn |
| 10 | indie Semiconductor | 718.60 Mn | 597.08 Mn | 23.09 Mn | 99.09 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 99.09 Mn |
| Mar 31, 2026 | 94.33 Mn |
| Dec 31, 2025 | 91.95 Mn |
| Sep 30, 2025 | 92.02 Mn |
| Jun 30, 2025 | 94.63 Mn |
| Mar 31, 2025 | 93.01 Mn |
| Dec 31, 2024 | 91.91 Mn |
| Sep 30, 2024 | 103.87 Mn |
| Jun 30, 2024 | 88.99 Mn |
| Mar 31, 2024 | 102.00 Mn |
| Dec 31, 2023 | 91.70 Mn |
| Sep 30, 2023 | 96.62 Mn |
| Jun 30, 2023 | 92.83 Mn |
| Mar 31, 2023 | 77.43 Mn |
| Dec 31, 2022 | 61.99 Mn |
| Sep 30, 2022 | 55.88 Mn |
| Jun 30, 2022 | 55.73 Mn |
| Mar 31, 2022 | 56.33 Mn |
| Dec 31, 2021 | 45.89 Mn |
| Sep 30, 2021 | 33.42 Mn |