indie Semiconductor (INDI) Shares Outstanding (Diluted) (2020 - 2026)
indie Semiconductor's Shares Outstanding (Diluted) was 212.01 million in Q2 2026, up 8.5% from 195.37 million a year earlier and up 2.4% from the prior quarter.
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Analysis
indie Semiconductor (INDI) Shares Outstanding (Diluted) (2020 - 2026) Analysis & Trends
For FY2025, Shares Outstanding (Diluted) at indie Semiconductor came in at 197.25 million, up 12.7% from FY2024.
- Shares Outstanding (Diluted) has now increased for five consecutive years, with a five-year compound annual growth rate of 44.6% (FY2020 to FY2025).
- In earlier years, Shares Outstanding (Diluted) was 175.03 million in FY2024 (+20.6%), 145.19 million in FY2023 (+22.4%), 118.66 million in FY2022 (+69.5%) and 70.01 million in FY2021 (+124.1%).
- The Q2 2026 figure marks the highest quarterly Shares Outstanding (Diluted) in data going back to Q2 2020.
- Compared with a year earlier, Shares Outstanding (Diluted) has increased for 13 straight quarters, with growth averaging 14.3% over the last eight quarters.
- The best year-over-year quarter for Shares Outstanding (Diluted) over five years was Q1 2022 (growth of 275.8%); the worst was Q1 2023 (a decline of 10.8%).
- Per Business Quant data, INDI's Shares Outstanding (Diluted) in the three quarters before Q2 2026 was 207.03 million (Q1 2026), 197.25 million (Q4 2025) and 199.33 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Dil.) (Qtr) |
|---|---|---|---|---|---|
| 1 | Nvidia | 5,638.19 Bn | 5,412.36 Bn | 72.14 Bn | 24.29 Bn |
| 2 | Taiwan Semiconductor Manufacturing | 2,452.80 Bn | 2,078.51 Bn | 27.22 Bn | 5.19 Bn |
| 3 | Broadcom | 1,695.44 Bn | 1,621.48 Bn | 20.46 Bn | 4.89 Bn |
| 4 | Micron Technology | 1,213.55 Bn | 1,152.31 Bn | 35.06 Bn | 1.15 Bn |
| 5 | Advanced Micro Devices | 1,034.54 Bn | 991.29 Bn | 6.20 Bn | 1.66 Bn |
| 6 | Asml Holding | 719.69 Bn | 675.53 Bn | 5.90 Bn | 388.90 Mn |
| 7 | Intel | 601.78 Bn | 486.52 Bn | 6.51 Bn | 5.10 Bn |
| 8 | Lam Research | 434.81 Bn | 411.60 Bn | 3.48 Bn | 1.26 Bn |
| 9 | Applied Materials | 428.57 Bn | 394.02 Bn | 4.59 Bn | 800.00 Mn |
| 10 | indie Semiconductor | 637.08 Mn | 44.84 Mn | 23.09 Mn | 212.01 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 212.01 Mn |
| Mar 31, 2026 | 207.03 Mn |
| Dec 31, 2025 | 197.25 Mn |
| Sep 30, 2025 | 199.33 Mn |
| Jun 30, 2025 | 195.37 Mn |
| Mar 31, 2025 | 191.46 Mn |
| Dec 31, 2024 | 175.03 Mn |
| Sep 30, 2024 | 179.49 Mn |
| Jun 30, 2024 | 170.16 Mn |
| Mar 31, 2024 | 164.60 Mn |
| Dec 31, 2023 | 145.19 Mn |
| Sep 30, 2023 | 146.96 Mn |
| Jun 30, 2023 | 141.97 Mn |
| Mar 31, 2023 | 131.49 Mn |
| Dec 31, 2022 | 118.66 Mn |
| Sep 30, 2022 | 120.51 Mn |
| Jun 30, 2022 | 116.98 Mn |
| Mar 31, 2022 | 147.40 Mn |
| Dec 31, 2021 | 70.01 Mn |
| Sep 30, 2021 | 96.37 Mn |
API Access
indie Semiconductor Shares Outstanding (Diluted) API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=shares-outstanding-diluted&ticker=INDI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding-diluted", "ticker": "INDI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=shares-outstanding-diluted&ticker=INDI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();