---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-23-038283"
form_type: "8-K"
ticker: "INDI"
cik: "0001841925"
company_name: "indie Semiconductor, Inc."
filed_at: "2023-11-09T23:59:59+00:00"
generated_at: "2026-06-08T07:37:24.018454+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Indie Q3 revenue $60.5M (+101% YoY), guides Q4 $70-75M, completes warrant exchange

## Summary
- Q3 revenue $60.5M, up 101% YoY and 16% sequentially; non-GAAP gross margin 52.7%.
- GAAP operating loss $36.1M (vs $25.9M YoY); non-GAAP operating loss narrowed to $13.0M (vs $15.8M).
- Q4 revenue guidance $70-75M, targeting non-GAAP EBITDA breakeven.
- Strategic backlog increased to $6.3B (from $4.3B last year); ADAS/LiDAR design wins.
- Completed warrant exchange: issued ~7.7M shares for all outstanding warrants; warrants delisted.

## SEC filing metadata
- accession: 0001628280-23-038283
- form_type: 8-K
- ticker: INDI
- cik: 0001841925
- company_name: indie Semiconductor, Inc.
- filed_at: 2023-11-09T23:59:59+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/1841925/000162828023038283/0001628280-23-038283-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1841925/000162828023038283/indi-20231109.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-23-038283
- JSON: https://secwatch.observer/filing/0001628280-23-038283.json
- Plain text: https://secwatch.observer/filing/0001628280-23-038283.txt

## Key facts
- Earnings Releases
  indie Semiconductor, Inc. reported third quarter ended September 30, 2023 results: revenue $60.5M. Guidance reaffirmed.
  - Period: third quarter ended September 30, 2023
  - Revenue: $60.5M
  - Guidance: reaffirmed
  - Result: reported results
  source text: indie Semiconductor Exceeds Q3 2023 Growth Expectations • D elivers Q3 Revenue of $60.5M, up 101% YoY and 16% Sequentially • Expands Non-GAAP Gross Margin 226 Basis Points YoY to 52.7% • Guides Q4 2023 Revenue to $70M-$75M and non-GAAP EBITDA Breakeven • Reiterates Plan to More than Double Revenue in 2023
  evidence_url: https://www.sec.gov/Archives/edgar/data/1841925/000162828023038283/0001628280-23-038283-index.htm

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