NASDAQ$INDI
indie Semiconductor Inc · Q2 2022 earnings
Q2 2022 earnings · · Investor relations
Briefing
indie Semiconductor exceeded Q2 2022 analyst expectations.
indie Semiconductor reported record revenue of $25.8 million, a 181% year-over-year increase and a 17% sequential increase. The company's non-GAAP gross margin expanded to 48.6%.
- Delivered 181% Year-over-Year and 17% Sequential Revenue Growth to a Record $25.8M
- Expanded Non-GAAP Gross Margin to 48.6%, up 650 Basis Points Year-over-Year and 120 Basis Points Sequentially
- Commenced sampling of the automotive industry’s most integrated USB-PD programmable controller
- Secured wireless charging and advanced lighting design wins at Honda, Hyundai / Kia and XPeng
Headline financials
Revenue & EPS history
indie Semiconductor · Revenue · Quarterly
$25.8M
Revenue by segment
indie Semiconductor · $25.8M total across 2 segments · Q2 2022
- Product Revenue$20.5M+130.1%79.4%
- Contract Revenue$5.3M+1716.1%20.6%
Forward guidance
For the third quarter of 2022, indie Semiconductor anticipates top-line growth on the order of 140 to 150 percent year-over-year to an approximately $120 million annualized revenue run-rate at the midpoint with non-GAAP gross margin expansion into the 50 percent range.
Tailwinds
- Expect to continue to far outpace indie’s addressable markets
- Anticipate top-line growth on the order of 140 to 150 percent year-over-year
- Approximately $120 million annualized revenue run-rate at the midpoint
- Non-GAAP gross margin expansion into the 50 percent range
- On track to reach profitability in the second half of next year
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 2022
+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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