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Revenue by Segment
Shows how much revenue comes from each part of the business—product lines, solutions, or customer types—so you can see which areas drive growth, where margins are strongest, and how dependent the company is on any single product or market.
Product revenue has become the clear growth engine after a multi-quarter design‑win and production ramp, driving most of the company’s upside, while Contract revenue has steadily waned and grown lumpy—likely reflecting Wuxi-related variability and the planned divestiture—creating concentration and timing risk for top‑line stability even as new radar/SoC production wins, improved margins and stronger liquidity support a clearer path to profitability.
INDI Revenue by Segment
| Date | Product | Contract |
|---|---|---|
| Jun 30, 2026 | $60.51M | $3.50M |
| Mar 31, 2026 | $51.57M | $3.89M |
| Dec 31, 2025 | $55.75M | $2.26M |
| Sep 30, 2025 | $51.07M | $2.60M |
| Jun 30, 2025 | $49.72M | $1.91M |
| Mar 31, 2025 | $50.42M | $3.66M |
| Dec 31, 2024 | $53.83M | $4.18M |
| Sep 30, 2024 | $51.28M | $2.68M |
| Jun 30, 2024 | $49.01M | $3.35M |
| Mar 31, 2024 | $48.58M | $3.77M |
| Dec 31, 2023 | $63.15M | $6.98M |
| Sep 30, 2023 | $53.36M | $7.11M |
| Jun 30, 2023 | $45.45M | $6.65M |
| Mar 31, 2023 | $33.65M | $6.80M |
| Dec 31, 2022 | $26.49M | $6.53M |
| Sep 30, 2022 | $24.43M | $5.59M |
| Jun 30, 2022 | $20.45M | $5.30M |
| Mar 31, 2022 | $18.09M | $3.91M |
| Dec 31, 2021 | $16.33M | $2.63M |
| Sep 30, 2021 | $11.10M | $1.06M |
| Jun 30, 2021 | $8.89M | $292.00K |
| Mar 31, 2021 | $7.48M | $631.00K |
