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 has reported Research & Development for 7 years, with the latest figure 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.
- Over five years, Research & Development peaked at $49.6 million in Q1 2024 and troughed at $28.5 million in Q2 2022.
- A 5-year average of $37.8 million and a median of $38.3 million in 2024 frame the typical range for Research & Development.
- The sharpest annual moves came in 2022 and 2025: Research & Development surged 239.97% in 2022, then dropped 17.36% in 2025.
- Over 5 years, Research & Development stood at $33.0 million in 2022, then rose by 3.88% to $34.3 million in 2023, then rose by 11.59% to $38.3 million in 2024, then decreased by 7.15% to $35.5 million in 2025, then increased by 8.47% to $38.5 million in 2026.
- According to Business Quant data, Research & Development over the past three periods registered $38.5 million, $35.5 million, and $38.0 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Nvidia | 5,000.69 Bn | 4,957.21 Bn | 61.16 Bn | 6.32 Bn |
| 2 | Taiwan Semiconductor Manufacturing | 2,106.48 Bn | 2,009.53 Bn | 23.77 Bn | 2.14 Bn |
| 3 | Broadcom | 1,866.23 Bn | 1,846.60 Bn | 15.42 Bn | 3.00 Bn |
| 4 | Micron Technology | 1,057.61 Bn | 1,031.59 Bn | 35.06 Bn | 1.32 Bn |
| 5 | Advanced Micro Devices | 822.43 Bn | 810.09 Bn | 5.42 Bn | 2.40 Bn |
| 6 | Intel | 458.91 Bn | 444.79 Bn | 6.51 Bn | 3.37 Bn |
| 7 | Aeluma | 301.08 Bn | 301.05 Bn | 386,000.00 | 882,000.00 |
| 8 | Arm Holdings | 255.32 Bn | 251.43 Bn | 1.25 Bn | -838.00 Mn |
| 9 | Texas Instruments | 245.36 Bn | 238.36 Bn | 3.35 Bn | 535.00 Mn |
| 10 | indie Semiconductor | 714.73 Mn | 554.36 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 |