indie Semiconductor reported third quarter 2026 revenue of $70.2 million, matching expectations with 31% year-over-year growth. The company demonstrated significant progress toward profitability as its non-GAAP operating loss narrowed by over 36% compared to the prior year, driven by expanded sensing and perception design wins across automotive and Physical AI sectors.

Key Highlights

  • Revenue reached $70.2 million, a 31% increase year-over-year, while core business revenue grew 14% sequentially to $40.7 million.
  • Non-GAAP EPS loss of $0.05 was substantially better than the analyst expectation of a $0.13 loss.
  • Secured a high-volume radar chipset selection by one of the top three North American automotive OEMs.
  • Q4 2026 revenue guidance of $73 million to $81 million implies 33% year-over-year growth at the midpoint.