---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-22-029518"
form_type: "8-K"
ticker: "INDI"
cik: "0001841925"
company_name: "indie Semiconductor, Inc."
filed_at: "2022-11-10T23:59:59+00:00"
generated_at: "2026-06-21T23:51:10.749579+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# indie Semiconductor Q3 revenue $30M (+147% YoY); non-GAAP gross margin 50.4%; backlog $4.3B

## Summary
- Record Q3 revenue $30.0M, up 147% YoY and 17% sequentially; non-GAAP gross margin 50.4% (beat 50% guidance).
- GAAP operating loss $25.9M vs $21.3M YoY; non-GAAP operating loss $15.8M vs $11.5M.
- Strategic backlog grew to $4.3B, more than doubling from $2.0B in 2020; design wins in ADAS, EV, radar, vision.
- Q4 2022 guidance: revenue annualized run-rate ~$132M (approx. $33M quarterly); non-GAAP gross margin expanding to ~51%.
- Commended volume production of industry's most integrated USB-PD programmable controller Power SoC; won LiDAR awards.

## SEC filing metadata
- accession: 0001628280-22-029518
- form_type: 8-K
- ticker: INDI
- cik: 0001841925
- company_name: indie Semiconductor, Inc.
- filed_at: 2022-11-10T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1841925/000162828022029518/0001628280-22-029518-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1841925/000162828022029518/indi-20221110.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-22-029518
- JSON: https://secwatch.observer/filing/0001628280-22-029518.json
- Plain text: https://secwatch.observer/filing/0001628280-22-029518.txt

## Key facts
- Earnings Releases
  indie Semiconductor, Inc. reported the third quarter ended September 30, 2022 results: revenue $30.0 million. Guidance reaffirmed.
  - Period: the third quarter ended September 30, 2022
  - Revenue: $30.0 million
  - Guidance: reaffirmed
  - Result: reported results
  source text: third quarter results for the period ended September 30, 2022. Third quarter revenue was up 147 percent from the same period a year ago and 17 percent sequentially to a record $30.0 million. Non-GAAP gross margin expanded 740 basis points year-over-year and 180 basis points sequentially to 50.4 percent, better than indie’s 50.0 percent guidance for the quarter. On a
  evidence_url: https://www.sec.gov/Archives/edgar/data/1841925/000162828022029518/0001628280-22-029518-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.