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
DateValue
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