Flagship explainer

How INDIE SEMICONDUCTOR, INC. makes its money

Start with a dollar of revenue and follow what the filing says remains.

revenueBranching filed flows with values and percentages directly labeled. Missing filing concepts are omitted rather than estimated.Revenue$217M · 100%Cost of revenue$131M · 60%Gross profit$86.6M · 40%Operating income−$154M · −71%Income before tax−$154M · −71%Income tax−$3M · −1%Net income−$143M · −66%As of 2025-12-31 · 1 SEC filing sourceBuy Like Buffett · buylikebuffett.com

Honest partial: the filing did not provide a normalized tag for Research and development, Selling, general and administrative; those components are omitted, not plugged.

Table alternative
Filed lineValue% of revenueSource
$217M100%
Cost of revenue$131M60%
$86.6M40%
−$154M−71%
Income before tax−$154M−71%
Income tax−$3M−1%
−$143M−66%
Source: · event Dec 31, 2025 · retrieved Jul 26, 2026 · annual-row source set
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