indie Semiconductor (INDI) r&d spend was $154M in FY2025 (-12% YoY). The tables below show the complete quarterly and annual r&d spend history, sourced from SEC EDGAR 10-K and 10-Q filings.
Annual R&D Spend
Fiscal Year
R&D Spend
YoY
2025
$154M
-12%
2024
$175M
+13%
2023
$155M
+27%
2022
$121M
+109%
2021
$58M
+164%
2020
$22M
Recent Quarterly R&D Spend
Quarter
R&D Spend
Q2 2026
$38M
Q1 2026
$39M
Q4 2025
$36M
Q3 2025
$38M
Q2 2025
$38M
Q1 2025
$42M
Q4 2024
$38M
Q3 2024
$46M
Q2 2024
$41M
Q1 2024
$50M
Q4 2023
$34M
Q3 2023
$42M
Source: INDI on EDGAR. Data from SEC EDGAR 10-K and 10-Q filings. Updated quarterly.