---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-25-024712"
form_type: "8-K"
ticker: "INDI"
cik: "0001841925"
company_name: "indie Semiconductor, Inc."
filed_at: "2025-05-12T23:59:59+00:00"
generated_at: "2026-05-22T00:26:36.821048+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# indie Semiconductor reports Q1 2025 revenue of $54.1M, up 3.3% YoY, and plans $40M cost cuts

## Summary
- Q1 2025 revenue was $54.1 million, up 3.3% year-over-year, with non-GAAP gross margin of 49.5%.
- GAAP operating loss narrowed to $38.9 million from $49.6 million a year ago; non-GAAP loss per share was $0.08.
- Restructuring plan aims to reduce annualized operating expenses by up to $40 million by year-end.
- Secured design-wins for iND880 vision processor with Valeo for a North American OEM and with Bosch for a Toyota in-cabin monitoring application.
- Surpassed 500 million cumulative chips shipped since inception; multiple design-wins in China including BYD and Mercedes China.

## SEC filing metadata
- accession: 0001628280-25-024712
- form_type: 8-K
- ticker: INDI
- cik: 0001841925
- company_name: indie Semiconductor, Inc.
- filed_at: 2025-05-12T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1841925/000162828025024712/0001628280-25-024712-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1841925/000162828025024712/indi-20250512.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-25-024712
- JSON: https://secwatch.observer/filing/0001628280-25-024712.json
- Plain text: https://secwatch.observer/filing/0001628280-25-024712.txt

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