Indie Semiconductor Q3 2025 Results: Revenue Misses, But Backlog Soars

Indie Semiconductor, Inc. (Nasdaq: INDI) posted third‐quarter 2025 revenue of $53.7 million, slightly under analysts’ expectations of ~$54 million. On a non‑GAAP basis, the company reported a loss per share of $0.07, versus the anticipated loss of ~$0.06. Despite the shortfall, Indie highlighted several positive strategic developments: its non‑GAAP operating loss improved to $11.3 million, down from $16.8 million last year. The firm also expanded its strategic backlog to $7.4 billion, driven by design wins in advanced driver‑assistance systems (ADAS), robotics, and quantum applications. Looking ahead, Indie guides Q4 2025 revenue in the range of $54 million to $60 million, with a non‑GAAP gross margin targeted at 46‑47%. The company noted that supply‑chain constraints—specifically package‑substrate shortages—could negatively impact revenue by approximately $5 million. In short: Revenue came up slightly short, but the company is making tangible progress toward profitability and building a meaningful pipeline of future business. #IndieSemiconductor #Q3Earnings #AutomotiveSemiconductors #TechBacklog #SlimScan #GrowthStocks #CANSLIM