indie Semiconductor Q1 revenue slightly beats estimates

indie Semiconductor

07/05/2026 21:45

Overview

US automotive chipmaker's Q1 revenue up 3% yr/yr, slightly beating analyst expectations

Non-GAAP operating loss for Q1 narrowed to $11.1 mln from $15.1 mln a year ago

Outlook

indie Semiconductor expects Q2 2026 revenue between $59 mln and $65 mln

Company anticipates Q2 2026 revenue of $37 mln from core business, $25 mln from Wuxi indie Micro

Company press release: ID:nBw2XYQWFa

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
Slight Beat*
$55.5 mln
$55.09 mln (7 Analysts)
Q1 Adjusted Operating Income
-$11.1 mln
Q1 Operating Income
-$38.9 mln


*Applies to a deviation of less than 1%; not applicable for per-share numbers.

Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the semiconductors peer group is "buy"

Wall Street's median 12-month price target for indie Semiconductor Inc is $6.00, about 30.7% above its May 6 closing price of $4.59

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)