---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-24-022301"
form_type: "8-K"
ticker: "INDI"
cik: "0001841925"
company_name: "indie Semiconductor, Inc."
filed_at: "2024-05-09T23:59:59+00:00"
generated_at: "2026-06-02T07:00:37.349837+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# indie Semiconductor Q1 revenue $52.4M (+29% YoY); non-GAAP loss per share $0.10

## Summary
- Q1 revenue $52.4M, up 29% YoY; non-GAAP gross margin 50.3%.
- GAAP operating loss $49.6M vs $37.0M a year ago; non-GAAP operating loss $17.2M vs $16.8M.
- Q2 revenue guidance: flat to +5% sequentially with non-GAAP gross margin expansion.
- CEO says Q1 slightly below guidance but expects H2 outsized growth from new product ramps.
- Business wins: BMW OMS ramp, Cadillac Escalade AR, Valeo cameras, VW ultrasonic intrusion detection.

## SEC filing metadata
- accession: 0001628280-24-022301
- form_type: 8-K
- ticker: INDI
- cik: 0001841925
- company_name: indie Semiconductor, Inc.
- filed_at: 2024-05-09T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1841925/000162828024022301/0001628280-24-022301-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1841925/000162828024022301/indi-20240509.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-24-022301
- JSON: https://secwatch.observer/filing/0001628280-24-022301.json
- Plain text: https://secwatch.observer/filing/0001628280-24-022301.txt

## Key facts
- Earnings Releases
  indie Semiconductor, Inc. reported first quarter ended March 31, 2024 results: revenue $52.4 million, net income $49.6 million, EPS $0.19. Guidance reaffirmed.
  - Period: first quarter ended March 31, 2024
  - Revenue: $52.4 million
  - Net income: $49.6 million
  - EPS: $0.19
  - Guidance: reaffirmed
  - Result: reported results
  source text: Inc. (Nasdaq: INDI), an Autotech solutions innovator, today announced first quarter results for the period ended March 31, 2024. Q1 revenue was up 29 percent year-over-year to $52.4 million with Non-GAAP gross margin of 50.3 percent. On a GAAP basis, first quarter 2024 operating loss was $49.6 million compared to $37.0 million a year ago. Non-GAAP operating loss for
  evidence_url: https://www.sec.gov/Archives/edgar/data/1841925/000162828024022301/0001628280-24-022301-index.htm

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