Indie Semiconsuctor slightly misses Q3 revenue estimates

Reuters11-07
Indie Semiconsuctor slightly misses Q3 revenue estimates

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

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(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.)

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