indie Semiconductor (INDI) Research & Development (2020 - 2026)
indie Semiconductor's (INDI) quarterly Research & Development came in at $38.5 million in Q1 2026, down 8.52% year-on-year from $42.1 million in Q1 2025, and up 8.47% quarter-over-quarter from $35.5 million in Q4 2025.
indie Semiconductor (INDI) Research & Development (2020 - 2026) Analysis & Trends
indie Semiconductor has disclosed Research & Development across 7 years of filings, most recently posting $38.5 million for Q1 2026.
- Research & Development for Q1 2026 came in at $38.5 million, down 8.52% year-over-year; the trailing twelve-month figure through Mar 2026 was $150.5 million (down 10.22% YoY), and the FY2025 annual result was $154.1 million, down 12.0% from the prior year.
- Research & Development came in at $38.5 million for Q1 2026 at indie Semiconductor, up from $35.5 million in the prior quarter.
- In the past five years, Research & Development ranged from a high of $49.6 million in Q1 2024 to a low of $28.5 million in Q2 2022.
- The 5-year median for Research & Development is $38.3 million (2024), against an average of $37.8 million.
- Across the five-year window, Research & Development soared 239.97% in 2022 and decreased 17.36% in 2025, its largest moves.
- indie Semiconductor's Research & Development stood at $33.0 million in 2022, then grew by 3.88% to $34.3 million in 2023, then grew by 11.59% to $38.3 million in 2024, then fell by 7.15% to $35.5 million in 2025, then climbed by 8.47% to $38.5 million in 2026.
- The last three Research & Development figures came in at $38.5 million (Q1 2026), $35.5 million (Q4 2025), and $38.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Nvidia | 5,067.76 Bn | 5,024.29 Bn | 61.16 Bn | 6.32 Bn |
| 2 | Broadcom | 1,880.14 Bn | 1,865.96 Bn | 13.16 Bn | 2.97 Bn |
| 3 | Micron Technology | 1,065.25 Bn | 1,050.66 Bn | 17.76 Bn | 1.25 Bn |
| 4 | Taiwan Semiconductor Manufacturing | 994.72 Bn | 897.77 Bn | 23.77 Bn | 2.14 Bn |
| 5 | Advanced Micro Devices | 795.92 Bn | 783.57 Bn | 5.42 Bn | 2.40 Bn |
| 6 | Intel | 560.09 Bn | 540.89 Bn | 5.35 Bn | 3.38 Bn |
| 7 | Texas Instruments | 264.46 Bn | 259.36 Bn | 2.80 Bn | 510.00 Mn |
| 8 | Marvell Technology | 257.66 Bn | 253.82 Bn | 1.26 Bn | 652.30 Mn |
| 9 | Qualcomm | 230.46 Bn | 220.66 Bn | 4.16 Bn | 2.46 Bn |
| 10 | indie Semiconductor | 922.30 Mn | 761.94 Mn | 21.08 Mn | 38.53 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 38.53 Mn |
| Dec 31, 2025 | 35.52 Mn |
| Sep 30, 2025 | 37.99 Mn |
| Jun 30, 2025 | 38.47 Mn |
| Mar 31, 2025 | 42.12 Mn |
| Dec 31, 2024 | 38.25 Mn |
| Sep 30, 2024 | 45.97 Mn |
| Jun 30, 2024 | 41.30 Mn |
| Mar 31, 2024 | 49.59 Mn |
| Dec 31, 2023 | 34.28 Mn |
| Sep 30, 2023 | 41.59 Mn |
| Jun 30, 2023 | 42.07 Mn |
| Mar 31, 2023 | 36.56 Mn |
| Dec 31, 2022 | 33.00 Mn |
| Sep 30, 2022 | 30.23 Mn |
| Jun 30, 2022 | 28.47 Mn |
| Mar 31, 2022 | 29.50 Mn |
| Dec 31, 2021 | 20.91 Mn |
| Sep 30, 2021 | 15.04 Mn |
| Jun 30, 2021 | 13.49 Mn |