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
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