indie Semiconductor annual r&d spending
2020
2021
2022
2023
2024
2025
indie Semiconductor R&D Spending Growth & History (INDI)
indie Semiconductor's r&d spending was $154.1M for fiscal 2025.
View full indie Semiconductor company overviewindie Semiconductor annual r&d spending history
| Fiscal year | Period ended | R&D spending | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $154.1M | −$21.0M | −12.00% |
| 2024 | 2024-12-31 | $175.1M | $20.6M | +13.34% |
| 2023 | 2023-12-31 | $154.5M | $33.3M | +27.48% |
| 2022 | 2022-12-31 | $121.2M | $63.1M | +108.54% |
| 2021 | 2021-12-31 | $58.1M | $36.1M | +164.01% |
| 2020 | 2020-12-31 | $22.0M | — | — |
indie Semiconductor quarterly r&d spending
Q2.20
Q3.20
Q1.21
Q2.21
Q3.21
Q1.22
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | R&D spending | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $37.8M | −$663,000 | −1.72% |
| Q1 2026 | 2026-03-31 | $38.5M | −$3.6M | −8.52% |
| Q4 2025 | 2025-12-31 | $35.5M | −$2.7M | −7.15% |
| Q3 2025 | 2025-09-30 | $38.0M | −$8.0M | −17.36% |
| Q2 2025 | 2025-06-30 | $38.5M | −$2.8M | −6.85% |
| Q1 2025 | 2025-03-31 | $42.1M | −$7.5M | −15.07% |
| Q4 2024 | 2024-12-31 | $38.3M | $4.0M | +11.59% |
| Q3 2024 | 2024-09-30 | $46.0M | $4.4M | +10.52% |
| Q2 2024 | 2024-06-30 | $41.3M | −$768,000 | −1.83% |
| Q1 2024 | 2024-03-31 | $49.6M | $13.0M | +35.63% |
| Q4 2023 | 2023-12-31 | $34.3M | $1.3M | +3.88% |
| Q3 2023 | 2023-09-30 | $41.6M | $11.4M | +37.60% |
| Q2 2023 | 2023-06-30 | $42.1M | $13.6M | +47.78% |
| Q1 2023 | 2023-03-31 | $36.6M | $7.1M | +23.95% |
| Q4 2022 | 2022-12-31 | $33.0M | — | — |
| Q3 2022 | 2022-09-30 | $30.2M | $15.2M | +100.95% |
| Q2 2022 | 2022-06-30 | $28.5M | $15.0M | +111.09% |
| Q1 2022 | 2022-03-31 | $29.5M | $20.8M | +239.97% |
| Q3 2021 | 2021-09-30 | $15.0M | $9.2M | +158.34% |
| Q2 2021 · Jun 30 | 2021-06-30 | $13.5M | $8.7M | +181.02% |
| Q1 2021 | 2021-03-31 | $8.7M | — | — |
| Q3 2020 | 2020-09-30 | $5.8M | — | — |
| Q2 2020 | 2020-06-30 | $4.8M | — | — |
indie Semiconductor r&d spending trends
Over the last five fiscal years, indie Semiconductor's r&d spending increased from $22.0M to $154.1M, a change of $132.1M. The latest reported quarter, Q2 2026, shows $37.8M.
About the metric
What research and development spending means
Research and development (R&D) spending covers the costs of creating and improving products, services, software, technologies, and processes. Higher R&D spending may support future innovation, but the amount alone does not show whether those investments will generate returns.
Calculation and source
SEC-reported R&D expense
TickerStat standardizes research and development expense reported in company SEC filings, including the software-specific US-GAAP R&D concept when it is the filer’s primary R&D expense line. It is historical company-reported spending, not an estimate or forecast. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review indie Semiconductor source filings ↗