indie Semiconductor

Q2 FY2026 EarningsQ2 FY26 results delivered a beat on the top line ($64.0M vs. $62.6M expected) but a miss on the bottom line with a GAAP EPS of -$0.17 vs. the -$0.15 consensus. Gross margin of 36.1% significantly lagged the 42.5% market expectation, primarily due to $5.3M in amortization of acquired intangibles. While revenue grew 24% YoY driven by volume, the company's net loss widened to $39.0M as operating expenses remained high. The ongoing divestiture of the Wuxi business (44% of revenue) and the pending ams-OSRAM CMOS acquisition remain the primary catalysts and structural risks for the coming quarters.