Indie Semiconsuctor slightly misses Q3 revenue estimates

indie Semiconductor

06/11/2025 22:41

Overview

Indie Q3 2025 revenue slightly misses analyst expectations at $53.7 mln

Non-GAAP operating loss for Q3 2025 reduced to $11.3 mln from $16.8 mln a year ago

Company highlights Gen8 radar product launch and entry into humanoid robotics market

Outlook

indie expects Q4 2025 revenue between $54 mln and $60 mln

Company sees Q4 2025 non-GAAP gross margin between 46% and 47%

indie estimates $5 mln revenue impact from package substrate shortages in Q4 2025

Result Drivers

GEN8 RADAR LAUNCH - Tier 1 partner introduced Gen8 radar product incorporating indies radar chipset, marking a significant milestone

HUMANOID ROBOTICS MARKET - Commenced supply to market leaders in humanoid robotics, expanding presence in new sector

STRATEGIC BACKLOG INCREASE - Strategic backlog grew to $7.4 bln, driven by ADAS and industrial design wins

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
Slight Miss*
$53.70 mln
$54 mln (6 Analysts)
Q3 Adjusted Operating Income
-$11.3 mln
Q3 Operating Income
-$38.3 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 7 "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 20% above its November 5 closing price of $4.80

Press Release: ID:nBw8f59SZa

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