revenue $64.0M, net income -$37.1M. indie Semi revenue +24% YoY; operating loss narrows 18%; debt refinancing complete

Filed August 7, 2026 · Period ending June 30, 2026 · Compared to 10-Q Aug 8, 2025 · ~2 min read

Key Changes

• high

  Revenue grew 24.0% YoY to $64.0M in Q2 2026 (from $51.6M in Q2 2025), driven by higher product volume partially offset by product mix shifts. Operating loss narrowed 18% to $35.1M from $43.0M.

  MD&A: Revenue & Operating Results verify on EDGAR →
• high

  Issued $170.5M in 4.00% convertible notes due 2031 and repurchased $104M of 2027 Notes at a premium ($106.4M total), extending maturity profile and reducing 2027 Notes outstanding to $26M. Recognized $3.7M loss on extinguishment.

  MD&A: Debt Refinancing verify on EDGAR →
• high

  Signed definitive agreement to acquire ams-OSRAM's CMOS image sensor business for €40M (~$47M: €35M cash at close, €5M vendor note at 2.5% due 24 months later). Expected to close Q3 2026 pending regulatory approval.

  Notes: ams-OSRAM CMOS Acquisition view on EDGAR →