---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-24-046406"
form_type: "8-K"
ticker: "INDI"
cik: "0001841925"
company_name: "indie Semiconductor, Inc."
filed_at: "2024-11-07T23:59:59+00:00"
generated_at: "2026-05-30T03:49:55.564475+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Indie Semiconductor Q3 revenue $54M beats expectations; guides Q4 $58M; appoints permanent CFO

## Summary
- Q3 revenue $54.0M, up 3.1% sequentially; non-GAAP gross margin 50.4%.
- GAAP operating loss $49.9M vs $136.2M year ago; non-GAAP op loss $16.8M.
- GAAP EPS loss $0.28; non-GAAP EPS loss $0.09.
- Guides Q4 revenue $58.0M midpoint, >7% sequential growth.
- Appoints Kanwardev Raja Singh Bal as permanent CFO & EVP effective Nov 7, replacing Thomas Schiller in strategic advisory role.

## SEC filing metadata
- accession: 0001628280-24-046406
- form_type: 8-K
- ticker: INDI
- cik: 0001841925
- company_name: indie Semiconductor, Inc.
- filed_at: 2024-11-07T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1841925/000162828024046406/0001628280-24-046406-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1841925/000162828024046406/indi-20241105.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-24-046406
- JSON: https://secwatch.observer/filing/0001628280-24-046406.json
- Plain text: https://secwatch.observer/filing/0001628280-24-046406.txt

## Key facts
- Executive change
  Kanwardev Raja Singh Bal was appointed as Chief Financial Officer and Executive Vice President at indie Semiconductor, Inc..
  - Action: appointed
  - Role: Chief Financial Officer and Executive Vice President
  source text: On November 5, 2024, the Board of Directors of indie appointed Mr. Bal to serve as Chief Financial Officer and Executive Vice President and principal financial officer on a permanent basis, effective November 7, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1841925/000162828024046406/0001628280-24-046406-index.htm
- Executive change
  Thomas Schiller changed role as Strategic Advisor at indie Semiconductor, Inc..
  - Action: will continue
  - Role: Strategic Advisor
  source text: Mr. Schiller is recuperating and will continue with indie in a strategic advisory role upon his return.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1841925/000162828024046406/0001628280-24-046406-index.htm

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