indie Q1 operating loss flat; revenue rises 3% to $55.5 million

• indie Semiconductor posted Q1 revenue of $55.5 million, up 3% year-over-year.
• Operating loss was $38.9 million, roughly flat from a year earlier; loss per share was $0.21.
• Adjusted EBITDA loss narrowed to $8.79 million from $13.14 million a year ago.
• Received a $25 million production order for a radar chipset from a Tier 1 partner, driven by demand from two automotive OEMs.
• Forecast Q2 revenue of $59 million-$65 million, including about $37 million from core business and about $25 million from Wuxi indie Micro.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. indie Semiconductor Inc. published the original content used to generate this news brief on May 07, 2026, and is solely responsible for the information contained therein.