indie Semiconductor (INDI) Research & Development (2020 - 2026)
indie Semiconductor (INDI) posted Research & Development of $38.5 million for Q1 2026, up 8.47% sequentially from $35.5 million in Q4 2025, and down 8.52% YoY from $42.1 million in Q1 2025.
indie Semiconductor (INDI) Research & Development (2020 - 2026) Analysis & Trends
indie Semiconductor (INDI) has 7 years of Research & Development data on file, last reported at $38.5 million in Q1 2026.
- Quarterly Research & Development fell 8.52% year-over-year to $38.5 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $150.5 million (down 10.22% YoY) and the FY2025 annual result came in at $154.1 million, down 12.0% from the prior year.
- Research & Development rose to $38.5 million in Q1 2026 per INDI's latest filing, from $35.5 million in the prior quarter.
- The five-year high for Research & Development was $49.6 million in Q1 2024, with the low at $28.5 million in Q2 2022.
- Average Research & Development over 5 years is $37.8 million, with a median of $38.3 million recorded in 2024.
- Year-over-year, Research & Development jumped 239.97% in 2022 and fell 17.36% in 2025.
- indie Semiconductor's Research & Development stood at $33.0 million in 2022, then gained by 3.88% to $34.3 million in 2023, then gained by 11.59% to $38.3 million in 2024, then slipped by 7.15% to $35.5 million in 2025, then rose by 8.47% to $38.5 million in 2026.
- Business Quant data shows INDI's Research & Development at $38.5 million in Q1 2026, $35.5 million in Q4 2025, and $38.0 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Nvidia | 4,798.43 Bn | 4,754.95 Bn | 61.16 Bn | 6.32 Bn |
| 2 | Micron Technology | 1,164.41 Bn | 1,138.39 Bn | 35.06 Bn | 1.32 Bn |
| 3 | Advanced Micro Devices | 882.18 Bn | 869.83 Bn | 5.42 Bn | 2.40 Bn |
| 4 | Intel | 645.64 Bn | 626.45 Bn | 5.35 Bn | 3.38 Bn |
| 5 | Aeluma | 370.26 Bn | 370.22 Bn | 386,000.00 | 882,000.00 |
| 6 | Arm Holdings | 358.73 Bn | 355.13 Bn | 1.46 Bn | -698.00 Mn |
| 7 | Texas Instruments | 271.25 Bn | 266.15 Bn | 2.80 Bn | 510.00 Mn |
| 8 | Marvell Technology | 239.95 Bn | 236.10 Bn | 1.26 Bn | 652.30 Mn |
| 9 | Qualcomm | 193.93 Bn | 184.13 Bn | 4.16 Bn | 2.46 Bn |
| 10 | indie Semiconductor | 939.90 Mn | 779.54 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 |