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Side-by-side financial comparison of ALLEGRO MICROSYSTEMS, INC. (ALGM) and indie Semiconductor, Inc. (INDI). Click either name above to swap in a different company.
ALLEGRO MICROSYSTEMS, INC. is the larger business by last-quarter revenue ($229.2M vs $58.0M, roughly 4.0× indie Semiconductor, Inc.). ALLEGRO MICROSYSTEMS, INC. runs the higher net margin — 3.6% vs -53.8%, a 57.5% gap on every dollar of revenue. On growth, ALLEGRO MICROSYSTEMS, INC. posted the faster year-over-year revenue change (28.9% vs -0.0%). ALLEGRO MICROSYSTEMS, INC. produced more free cash flow last quarter ($41.3M vs $-16.1M). Over the past eight quarters, indie Semiconductor, Inc.'s revenue compounded faster (5.3% CAGR vs -2.4%).
Allegro MicroSystems, Inc. is a global semiconductor firm designing and manufacturing high-performance power and sensing integrated circuits. Its core products include magnetic sensors, power ICs, and motion control solutions, serving automotive, industrial, consumer electronics, and communications markets worldwide.
indie Semiconductor is a fabless semiconductor manufacturer focused on designing high-performance mixed-signal and embedded system-on-chip solutions for the automotive industry. Its products support advanced driver assistance systems, in-vehicle infotainment, connected car, and electric vehicle applications, serving global auto OEMs and tier 1 suppliers across major global markets.
ALGM vs INDI — Head-to-Head
Income Statement — Q3 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $229.2M | $58.0M |
| Net Profit | $8.3M | $-31.2M |
| Gross Margin | 46.7% | 37.3% |
| Operating Margin | 4.2% | -58.5% |
| Net Margin | 3.6% | -53.8% |
| Revenue YoY | 28.9% | -0.0% |
| Net Profit YoY | 221.0% | 9.1% |
| EPS (diluted) | $0.04 | $-0.16 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $229.2M | $58.0M | ||
| Q3 25 | $214.3M | $53.7M | ||
| Q2 25 | $203.4M | $51.6M | ||
| Q1 25 | $192.8M | $54.1M | ||
| Q4 24 | $177.9M | $58.0M | ||
| Q3 24 | $187.4M | $54.0M | ||
| Q2 24 | $166.9M | $52.4M | ||
| Q1 24 | $240.6M | $52.4M |
| Q4 25 | $8.3M | $-31.2M | ||
| Q3 25 | $6.5M | $-38.3M | ||
| Q2 25 | $-13.2M | $-39.0M | ||
| Q1 25 | $-14.8M | $-34.5M | ||
| Q4 24 | $-6.9M | $-34.4M | ||
| Q3 24 | $-33.7M | $-49.7M | ||
| Q2 24 | $-17.7M | $-19.2M | ||
| Q1 24 | $-7.1M | $-31.2M |
| Q4 25 | 46.7% | 37.3% | ||
| Q3 25 | 46.3% | 40.1% | ||
| Q2 25 | 44.9% | 40.6% | ||
| Q1 25 | 41.4% | 41.7% | ||
| Q4 24 | 45.7% | 42.6% | ||
| Q3 24 | 45.7% | 39.3% | ||
| Q2 24 | 44.8% | 42.2% | ||
| Q1 24 | 51.2% | 42.5% |
| Q4 25 | 4.2% | -58.5% | ||
| Q3 25 | 2.9% | -71.4% | ||
| Q2 25 | -1.3% | -83.3% | ||
| Q1 25 | -6.8% | -72.0% | ||
| Q4 24 | -0.0% | -58.4% | ||
| Q3 24 | 2.2% | -92.5% | ||
| Q2 24 | -6.4% | -70.0% | ||
| Q1 24 | 6.6% | -94.8% |
| Q4 25 | 3.6% | -53.8% | ||
| Q3 25 | 3.0% | -71.3% | ||
| Q2 25 | -6.5% | -75.6% | ||
| Q1 25 | -7.7% | -63.9% | ||
| Q4 24 | -3.9% | -59.2% | ||
| Q3 24 | -18.0% | -92.1% | ||
| Q2 24 | -10.6% | -36.6% | ||
| Q1 24 | -3.0% | -59.6% |
| Q4 25 | $0.04 | $-0.16 | ||
| Q3 25 | $0.03 | $-0.19 | ||
| Q2 25 | $-0.07 | $-0.20 | ||
| Q1 25 | $-0.08 | $-0.18 | ||
| Q4 24 | $-0.04 | $-0.18 | ||
| Q3 24 | $-0.18 | $-0.28 | ||
| Q2 24 | $-0.09 | $-0.11 | ||
| Q1 24 | $-0.04 | $-0.19 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $155.2M | $145.5M |
| Total DebtLower is stronger | $280.7M | $353.4M |
| Stockholders' EquityBook value | $962.7M | $358.0M |
| Total Assets | $1.4B | $840.8M |
| Debt / EquityLower = less leverage | 0.29× | 0.99× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $155.2M | $145.5M | ||
| Q3 25 | $117.5M | $160.9M | ||
| Q2 25 | $129.1M | $192.6M | ||
| Q1 25 | $121.3M | $236.6M | ||
| Q4 24 | $138.5M | $274.2M | ||
| Q3 24 | $188.8M | $96.9M | ||
| Q2 24 | $173.1M | $112.3M | ||
| Q1 24 | $212.1M | $138.2M |
| Q4 25 | $280.7M | $353.4M | ||
| Q3 25 | $280.4M | $353.5M | ||
| Q2 25 | $304.8M | $352.5M | ||
| Q1 25 | $338.9M | $379.0M | ||
| Q4 24 | $368.7M | $381.3M | ||
| Q3 24 | $393.0M | — | ||
| Q2 24 | $195.8M | — | ||
| Q1 24 | $245.1M | — |
| Q4 25 | $962.7M | $358.0M | ||
| Q3 25 | $944.2M | $369.2M | ||
| Q2 25 | $922.7M | $390.4M | ||
| Q1 25 | $929.6M | $405.6M | ||
| Q4 24 | $933.0M | $417.9M | ||
| Q3 24 | $937.3M | $458.6M | ||
| Q2 24 | $1.1B | $470.7M | ||
| Q1 24 | $1.1B | $432.9M |
| Q4 25 | $1.4B | $840.8M | ||
| Q3 25 | $1.4B | $855.1M | ||
| Q2 25 | $1.4B | $867.6M | ||
| Q1 25 | $1.4B | $909.0M | ||
| Q4 24 | $1.4B | $941.4M | ||
| Q3 24 | $1.5B | $797.5M | ||
| Q2 24 | $1.4B | $797.3M | ||
| Q1 24 | $1.5B | $803.6M |
| Q4 25 | 0.29× | 0.99× | ||
| Q3 25 | 0.30× | 0.96× | ||
| Q2 25 | 0.33× | 0.90× | ||
| Q1 25 | 0.36× | 0.93× | ||
| Q4 24 | 0.40× | 0.91× | ||
| Q3 24 | 0.42× | — | ||
| Q2 24 | 0.18× | — | ||
| Q1 24 | 0.22× | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $45.4M | $-14.4M |
| Free Cash FlowOCF − Capex | $41.3M | $-16.1M |
| FCF MarginFCF / Revenue | 18.0% | -27.8% |
| Capex IntensityCapex / Revenue | 1.8% | 3.0% |
| Cash ConversionOCF / Net Profit | 5.47× | — |
| TTM Free Cash FlowTrailing 4 quarters | $121.2M | $-71.4M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $45.4M | $-14.4M | ||
| Q3 25 | $20.4M | $-6.2M | ||
| Q2 25 | $61.6M | $-7.6M | ||
| Q1 25 | $20.4M | $-29.0M | ||
| Q4 24 | $-8.2M | $-6.7M | ||
| Q3 24 | $15.5M | $-22.8M | ||
| Q2 24 | $34.2M | $-19.7M | ||
| Q1 24 | $12.8M | $-9.3M |
| Q4 25 | $41.3M | $-16.1M | ||
| Q3 25 | $13.9M | $-10.3M | ||
| Q2 25 | $51.0M | $-13.6M | ||
| Q1 25 | $15.0M | $-31.4M | ||
| Q4 24 | $-21.8M | $-8.6M | ||
| Q3 24 | $5.6M | $-29.3M | ||
| Q2 24 | $23.2M | $-23.4M | ||
| Q1 24 | $-1.5M | $-11.7M |
| Q4 25 | 18.0% | -27.8% | ||
| Q3 25 | 6.5% | -19.2% | ||
| Q2 25 | 25.1% | -26.4% | ||
| Q1 25 | 7.8% | -58.0% | ||
| Q4 24 | -12.3% | -14.8% | ||
| Q3 24 | 3.0% | -54.3% | ||
| Q2 24 | 13.9% | -44.7% | ||
| Q1 24 | -0.6% | -22.3% |
| Q4 25 | 1.8% | 3.0% | ||
| Q3 25 | 3.0% | 7.8% | ||
| Q2 25 | 5.2% | 11.6% | ||
| Q1 25 | 2.8% | 4.4% | ||
| Q4 24 | 7.7% | 3.2% | ||
| Q3 24 | 5.3% | 12.1% | ||
| Q2 24 | 6.6% | 7.0% | ||
| Q1 24 | 5.9% | 4.4% |
| Q4 25 | 5.47× | — | ||
| Q3 25 | 3.12× | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
ALGM
| Automotive End Market | $164.5M | 72% |
| Industrial And Other End Market | $64.7M | 28% |
INDI
| Products | $55.7M | 96% |
| Services | $2.3M | 4% |
