indie Semiconductor, Inc., an automotive solutions innovator, announced fourth quarter results for the period ended December 31, 2025. Q4 revenue was $58.0 million. On a GAAP basis, fourth quarter 2025 operating loss was $33.9 million compared to $33.9 million a year ago. Non-GAAP operating loss for the fourth quarter of 2025 was $10.1 million, compared to $14.2 million a year ago, representing continued progress towards profitability. Fourth quarter 2025 GAAP loss per share was $0.16, while Non-GAAP loss per share was $0.07.
"indie delivered solid fourth quarter results, exceeding the midpoint of our outlook," said Donald McClymont, indie's co-founder and chief executive officer. "Our Tier 1 partner’s radar launch and our first chipset shipments marked a key milestone. Coupled with the addition of the adjacent high-growth humanoid robotics market, indie is well positioned to drive continued growth."
Business Highlights
- Commenced radar chipset shipments to Tier 1 partner
- iND880 design win with Chinese EV manufacturer for camera monitoring, ramping mid-2026
- Completed emotion3D integration, expanding perception software ecosystem
- Announced strategic perception software partnership with Mahindra for XEV 93 and BE 6 Electric Origin SUVs
- Awarded DFB laser design win for non-automotive LiDAR application; secured largest LXM laser booking
- Qi 2.0 wireless charging production expected in first half of 2026 with Ford
Q1 2026 Outlook
For the first quarter of 2026, indie expects revenue to be between $52 million and $58 million, or $55 million at the midpoint. We anticipate a decline in the first quarter revenue from our Wuxi indie Micro subsidiary to $21 million, and we expect revenue from our core business to grow by 20% sequentially to $34 million at the midpoint.