NASDAQ$INDI
indie Semiconductor Inc · Q2 2021 earnings
Q2 2021 earnings · · Investor relations
Briefing
indie Semiconductor exceeded expectations and reaffirmed its strategic outlook.
indie Semiconductor reported a record revenue of $9.2 million, a 148% increase year-over-year. The company exited the quarter with $354 million in cash and cash equivalents and anticipates sustained gross margin expansion in Q3 2021.
- Delivered 148% Year-over-Year Revenue Growth
- Exited the Quarter with $354 million in Cash and Cash Equivalents
- Guides to 30% Sequential Top Line Growth with Further Non-GAAP Gross Margin Expansion in Q3 2021
- Closed merger with Thunder Bridge Acquisition II and commenced trading on Nasdaq June 11
Headline financials
Revenue & EPS history
indie Semiconductor · Revenue · Quarterly
$9.18M
Revenue by segment
indie Semiconductor · $9.18M total across 2 segments · Q2 2021
- Product Revenue$8.89M—96.8%
- Contract Revenue$292K—3.2%
Forward guidance
The company expects 30 percent sequential revenue growth and non-GAAP gross margin of roughly 43 percent in Q3 2021.
Tailwinds
- Anticipate top line growth to outperform the market
- Sustained gross margin expansion in the third quarter of 2021
- Expect 30 percent sequential revenue growth
- Expect non-GAAP gross margin of roughly 43 percent
- Stage is set for indie to nearly double revenue in 2021
Headwinds
- Global supply chain tightness
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q2 2021
+5.9%
Avg return
Earnings day
+5.8%
Avg return
5 days after
+6.6%
Avg return
30 days after
58%
14 / 24 earnings
Positive
+57.0%
Q3 2024
Best reaction
-16.0%
Q4 2023
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -2.9% | +0.2% | -10.4% | |
| Q4 2025 | +5.8% | +5.0% | -25.4% | |
| Q3 2025 | +0.9% | -8.4% | -0.9% | |
| Q1 2025 | +1.5% | +2.3% | +31.1% | |
| Q3 2024 | +57.0% | +36.1% | +22.9% | |
| Q2 2024 | -5.2% | -12.9% | -24.7% | |
| Q1 2024 | -1.0% | +3.3% | +27.7% | |
| Q4 2023 | -16.0% | -11.9% | -12.2% | |
| Q3 2023 | +11.5% | +29.4% | +53.2% | |
| Q2 2023 | -8.2% | -11.0% | -20.0% | |
| Q1 2023 | +4.8% | +6.9% | +26.3% | |
| Q4 2022 | +4.1% | +2.7% | +6.2% | |
| Q3 2022 | +23.5% | +16.8% | -5.5% | |
| Q2 2022 | +5.5% | +5.5% | +11.7% | |
| Q1 2021 | +26.9% | +24.8% | +28.0% | |
| Q1 2022 | +30.2% | +32.6% | +29.6% | |
| Q4 2021 | -6.2% | -1.5% | -3.9% | |
| Q3 2020 | +15.6% | +16.5% | -11.8% | |
| Q3 2021 | +6.0% | +22.5% | -6.5% | |
| Q2 2020 | -3.6% | -5.8% | +17.9% | |
| Q4 2020 | -3.6% | -5.8% | +17.9% | |
| Q2 2021 | -4.2% | -7.9% | +5.9% | |
| Q1 2020 | +0.6% | -0.1% | +0.8% | |
| Q4 2019 | -0.1% | -0.1% | +0.4% |
Discussion
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