“Goodwill The following table sets forth the carrying amount and activity of goodwill as of March 31, 2026: Amount Balance as of the beginning of the period $ 292,644 Effect of exchange rate on goodwill ( 2,965 ) Balance as of the end of the period $ 289,679 D…”10-Q · May 11, 2026 ↗
indie Semiconductor, Inc.
INDI
Market read
indie Semiconductor, Inc.'s current read is isolated; its market group is not confirming.
No new filing conclusion is available. 0 of 9 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 3 directly disclosed connections are confirming.
- INDI's market-adjusted activity becomes unusual and at least one connected name confirms.
Invalidation: The isolated read changes if INDI's group or a disclosed connection begins moving with it.
Research brief
The story so far
No new filing conclusion is available. 0 of 9 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 3 directly disclosed connections are confirming.
No thresholded supportive filing evidence is available yet.
No thresholded adverse filing evidence is available yet.
- INDI's market-adjusted activity becomes unusual and at least one connected name confirms.
Company research
Understand the business, not just the ticker
Use the company’s filings to identify the few operating, demand, cost, capital and regulatory variables that determine its earnings power.
- Which operating variable is changing?
- Is that change durable, cyclical or one-off?
- What evidence would disprove the current interpretation?
- Operating margin changed +7.6 percentage points in the latest annual period.
- Net margin changed -4.6 percentage points in the latest annual period.
- Diluted shares increased 12.7% in the latest annual period.
- Capital investment and capacity has repeated adverse evidence across 3 filings.
- EV/sales is 24% below the available filing-peer median; determine whether growth and quality justify the difference.
Price as of Sep 10, 2026
3.32Reported annual revenue and per-share history. This is accounting history, not a forecast.
What management says matters
Persistent and emerging business drivers
“During the period ended March 31, 2026 and 2025, the decrease in cash was due to the purchase of capital expenditures, respectively.”10-Q · May 11, 2026 ↗
“Interest expense decreased in the current period primarily as a result of the addition of the 2031 Notes and repurchase of the 2027 Notes in March 2026.”10-Q · May 11, 2026 ↗
“The decrease of $3.6 million or 9% was primarily due to a $4.0 million decrease in personnel and program expenses in connection with the 2025 Restructuring plan, offset by a $0.8 million increase in share-based compensation expense due to the bonus accrual of…”10-Q · May 11, 2026 ↗
Valuation discipline
Descriptive valuation snapshot
Price/sales 3.0× · EV/sales 3.9×. Comparisons use only industry-matched filing peers.
Mechanical 2.0-year scenarios are available as editable assumptions, not consensus.
Price action
How the market is pricing the story
Jodie does not have enough daily observations to draw a useful short-term chart for this asset. The latest quoted price was checked 10 Sept, 15:55 GMT-4; this is a coverage limitation, not a flat-price conclusion.
Developments
No sourced recent-development timeline yet
Jodie has not returned a relevant primary source or news item for INDI. This is an evidence-coverage gap, not a conclusion that nothing material happened.
Business and financial condition
Reported financial figures are not available yet
Jodie has not returned structured SEC XBRL fundamentals for this asset. This is a coverage limitation, not an assessment of the business or its financial health.
Filing analysis
No comparable filing assessment is available yet
Jodie has not yet found a suitable current-versus-prior filing comparison for INDI. This does not mean the latest filing was neutral or immaterial.
Business ecosystem
The relationships behind INDI
Customers, suppliers, partners and competitors named in company filings—not inferred from headlines.
Depends on
WXILYFiling-linked nameinvesteeMay 11, 2026 ▾
“Divestiture of Wuxi On October 27, 2025, the Company, through its subsidiary Ay Dee Kay, LLC, entered into an Asset Purchase Agreement (the “Wuxi Agreement”) with United Faith Auto-Engineering Co., Ltd., a publicly-listed company in the People’s Republic of C…”
IFNNYFiling-linked namecompetitorFeb 27, 2026 ▾
“Our primary competitors are other automotive-focused semiconductor companies, including Infineon, Monolithic Power Systems, NXP, Renesas and ST Microelectronics.”
MPWRMonolithic Power Systems, Inc.competitorFeb 27, 2026 ▾
“Our primary competitors are other automotive-focused semiconductor companies, including Infineon, Monolithic Power Systems, NXP, Renesas and ST Microelectronics.”
Filing peers
Companies whose filings use similar operating language.
Open the three relationships above to see Jodie’s filing proof. Pro unlocks 3 more links, every receipt, and alerts when connected names begin moving. Unlock the full network →
What is moving around it
Live connections
INDI is currently a Follower in the organic co-movement group Semiconductor & EV Tech. This group is discovered from market behaviour rather than assigned from an industry taxonomy. 3 filing-linked names are in the relationship map; none is currently confirmed as moving with the group.
This group is retained as the last observed read for INDI; it is not active in the latest market snapshot.
Context history
Theme membership history
No durable theme membership has been observed for this name yet.