indie Semiconductor (INDI) Operating Expenses (2020 - 2026)
indie Semiconductor's (INDI) quarterly Operating Expenses came in at $94.3 million in Q1 2026, up 1.41% year-on-year from $93.0 million in Q1 2025, and up 2.58% quarter-over-quarter from $92.0 million in Q4 2025.
indie Semiconductor (INDI) Operating Expenses (2020 - 2026) Analysis & Trends
indie Semiconductor has disclosed Operating Expenses across 7 years of filings, most recently posting $94.3 million for Q1 2026.
- Operating Expenses for Q1 2026 came in at $94.3 million, up 1.41% year-over-year; the trailing twelve-month figure through Mar 2026 was $372.9 million (down 1.28% YoY), and the FY2025 annual result was $371.6 million, down 3.92% from the prior year.
- Operating Expenses came in at $94.3 million for Q1 2026 at indie Semiconductor, up from $92.0 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.
- The 5-year median for Operating Expenses is $92.0 million (2025), against an average of $84.8 million.
- Across the five-year window, Operating Expenses jumped 247.31% in 2022 and retreated 11.41% in 2025, its largest moves.
- indie Semiconductor's 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 2.58% to $94.3 million in 2026.
- The last three Operating Expenses figures came in at $94.3 million (Q1 2026), $92.0 million (Q4 2025), and $92.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Nvidia | 5,067.76 Bn | 5,024.29 Bn | 61.16 Bn | 7.62 Bn |
| 2 | Broadcom | 1,880.14 Bn | 1,865.96 Bn | 13.16 Bn | 4.59 Bn |
| 3 | Micron Technology | 1,065.25 Bn | 1,050.66 Bn | 17.76 Bn | 1.59 Bn |
| 4 | Taiwan Semiconductor Manufacturing | 994.72 Bn | 897.77 Bn | 23.77 Bn | 2.97 Bn |
| 5 | Advanced Micro Devices | 795.92 Bn | 783.57 Bn | 5.42 Bn | 3.94 Bn |
| 6 | Intel | 560.09 Bn | 540.89 Bn | 5.35 Bn | 8.48 Bn |
| 7 | Texas Instruments | 264.46 Bn | 259.36 Bn | 2.80 Bn | 991.00 Mn |
| 8 | Marvell Technology | 257.66 Bn | 253.82 Bn | 1.26 Bn | 921.40 Mn |
| 9 | Qualcomm | 230.46 Bn | 220.66 Bn | 4.16 Bn | 8.29 Bn |
| 10 | indie Semiconductor | 922.30 Mn | 761.94 Mn | 21.08 Mn | 94.33 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | 27.68 Mn |