Indie Semiconductor, Inc. · NASDAQ:INDI
Indie Semiconductor — Q4 2025 Earnings Presentation
12 slides from Indie Semiconductor's earnings presentation, Feb 19, 2026
Slide 1: Q4 FY25 Earnings Presentation
Q4 FY25 EARNINGS PRESENTATION 1
Slide 2: Disclaimer: Forward-Looking Statements
DISCLAIMER Forward-Looking Statements This presentation includes “forward-looking statements” within the meaning of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by the use of words such as “future,” “
Slide 3: Disclaimer: Use of GAAP, Non-GAAP and Other Financial Measures
DISCLAIMER Use of GAAP, Non-GAAP and Other Financial Measures This presentation contains certain financial measures that have not been calculated in accordance with United States Generally Accepted Accounting Principles (“GAAP”), including non-GAAP operating expenses, non-GAAP operating income, and
Slide 4: Fourth Quarter Business Highlights
FOURTH QUARTER BUSINESS HIGHLIGHTS Commenced radar chipset shipments to Tier 1 partner following customer radar product launch iND880 design win with Chinese EV manufacturer for camera monitoring, ramping mid-2026 Completed emotion3D integration, expanding perception software ecosystem Announced str
Slide 5: Q4 FY25 Earnings Snapshot
Q4 FY25 EARNINGS SNAPSHOT Solid fourth quarter execution with sequential revenue growth and continued progress on key program ramps • Revenue of $58M, up 8% sequentially, exceeding the midpoint of outlook by $1M • Non-GAAP Operating expenses* of $36.8M, achieving the $8-10M savings goal, demonstrati
Slide 6: Looking Ahead to Q1 FY26
LOOKING AHEAD TO Q1 FY26 Q1 FY26 Outlook Revenue $52 - $58 million $55 million at midpoint • $21M revenue from Wuxi • $34M from core indie business Non-GAAP Operating Expenses* ~$37 million Relatively flat from Q4 FY25 Non-GAAP Net Interest Expense* ~$2.6 million Non-GAAP Net Loss Per Share* $0.07 O
Slide 7: Appendix & Supplementals
Appendix & Supplementals 7
Slide 8: FY2025 Financial Metrics by Quarter
FY2025 FINANCIAL METRICS BY QUARTER GAAP RESULTS (IN THOUSANDS) Q1 2025 Q2 2025 Q3 2025 Q4 2025 Revenue 54,077 51,634 53,676 58,007 Cost of Goods Sold 31,528 30,693 32,173 36,368 SELECT NON-CASH ITEMS INCLUDED IN GAAP COGS (IN THOUSANDS) Q1 2025 Q2 2025 Q3 2025 Q4 2025 Acquisition-related expenses (
Slide 9: Reconciliation of Preliminary Non-GAAP Measures to GAAP
RECONCILIATION OF PRELIMINARY NON-GAAP MEASURES TO GAAP Three Months Ended Year Ended December 31, December 31, 2025 2024 2025 2024 Computation of non-GAAP operating loss: GAAP loss from operations $ (33,946) $ (33,896) $ (154,215) $ (170,080) Acquisition related and other non-recurring professional
Slide 10: Reconciliation of Preliminary Non-GAAP Measures to GAAP
RECONCILIATION OF PRELIMINARY NON-GAAP MEASURES TO GAAP Three Months Ended Year Ended December 31, December 31, 2025 2024 2025 2024 Computation of non-GAAP net loss: Net loss $ (32,209) $ (34,369) $ (151,693) $ (144,187) Acquisition related and other non-recurring professional expenses 411 1,648 935
Slide 11: Reconciliation of Preliminary Non-GAAP Measures to GAAP
RECONCILIATION OF PRELIMINARY NON-GAAP MEASURES TO GAAP Three Months Ended Year Ended December 31, December 31, 2025 2024 2025 2024 Computation of Adjusted EBITDA: Net loss $ (32,209) $ (34,369) $ (151,693) $ (144,187) Interest income (1,144) (1,209) (7,292) (4,588) Interest expense 4,251 2,838 17,6
Slide 12: Reconciliation of Preliminary Non-GAAP Measures to GAAP
RECONCILIATION OF PRELIMINARY NON-GAAP MEASURES TO GAAP For the Three Months Ended December 31, 2025 Computation of non-GAAP share count: Weighted Average Class A common stock - Basic 203,063,167 Weighted Average Class V common stock - Basic 16,802,773 TeraXion Unexercised Options 503,390 Non-GAAP s