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Side-by-side financial comparison of AMBARELLA INC (AMBA) and INDEPENDENT BANK CORP (INDB). Click either name above to swap in a different company.
INDEPENDENT BANK CORP is the larger business by last-quarter revenue ($212.5M vs $108.5M, roughly 2.0× AMBARELLA INC). INDEPENDENT BANK CORP runs the higher net margin — 35.5% vs -13.9%, a 49.4% gap on every dollar of revenue. On growth, INDEPENDENT BANK CORP posted the faster year-over-year revenue change (46.9% vs 31.2%). INDEPENDENT BANK CORP produced more free cash flow last quarter ($75.5M vs $31.4M). Over the past eight quarters, AMBARELLA INC's revenue compounded faster (45.0% CAGR vs 24.3%).
Ambarella, Inc. is an American fabless semiconductor design company, focusing on low-power, high-definition (HD) and Ultra HD video compression, image processing, and computer vision processors. Ambarella's products are used in a wide variety of human and computer vision applications, including video security, advanced driver assistance systems (ADAS), electronic mirror, drive recorder, driver and in-cabin monitoring, autonomous driving, and robotics applications. Ambarella's system on chips ...
Independent Bank is a bank headquartered in Grand Rapids, Michigan. The bank has 62 branches, all of which are in Michigan.
AMBA vs INDB — Head-to-Head
Income Statement — Q3 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $108.5M | $212.5M |
| Net Profit | $-15.1M | $75.3M |
| Gross Margin | 59.6% | — |
| Operating Margin | -15.0% | — |
| Net Margin | -13.9% | 35.5% |
| Revenue YoY | 31.2% | 46.9% |
| Net Profit YoY | 37.2% | 50.6% |
| EPS (diluted) | $-0.35 | $1.51 |
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 | $108.5M | $212.5M | ||
| Q3 25 | $95.5M | $203.3M | ||
| Q2 25 | $85.9M | $147.5M | ||
| Q1 25 | $84.0M | $145.5M | ||
| Q4 24 | $82.7M | $144.7M | ||
| Q3 24 | $63.7M | $141.7M | ||
| Q2 24 | $54.5M | $137.9M | ||
| Q1 24 | $51.6M | $137.4M |
| Q4 25 | $-15.1M | $75.3M | ||
| Q3 25 | $-20.0M | $34.3M | ||
| Q2 25 | $-24.3M | $51.1M | ||
| Q1 25 | $-20.2M | $44.4M | ||
| Q4 24 | $-24.1M | $50.0M | ||
| Q3 24 | $-34.9M | $42.9M | ||
| Q2 24 | $-37.9M | $51.3M | ||
| Q1 24 | $-60.6M | $47.8M |
| Q4 25 | 59.6% | — | ||
| Q3 25 | 58.9% | — | ||
| Q2 25 | 60.0% | — | ||
| Q1 25 | 60.0% | — | ||
| Q4 24 | 60.6% | — | ||
| Q3 24 | 60.8% | — | ||
| Q2 24 | 60.9% | — | ||
| Q1 24 | 59.8% | — |
| Q4 25 | -15.0% | — | ||
| Q3 25 | -23.0% | 21.8% | ||
| Q2 25 | -30.1% | 44.6% | ||
| Q1 25 | -30.2% | 39.3% | ||
| Q4 24 | -30.9% | — | ||
| Q3 24 | -56.9% | 39.0% | ||
| Q2 24 | -72.4% | 48.1% | ||
| Q1 24 | -80.8% | 45.5% |
| Q4 25 | -13.9% | 35.5% | ||
| Q3 25 | -20.9% | 16.8% | ||
| Q2 25 | -28.3% | 34.6% | ||
| Q1 25 | -24.1% | 30.5% | ||
| Q4 24 | -29.1% | 34.6% | ||
| Q3 24 | -54.8% | 30.3% | ||
| Q2 24 | -69.6% | 37.2% | ||
| Q1 24 | -117.4% | 34.8% |
| Q4 25 | $-0.35 | $1.51 | ||
| Q3 25 | $-0.47 | $0.69 | ||
| Q2 25 | $-0.58 | $1.20 | ||
| Q1 25 | $-0.48 | $1.04 | ||
| Q4 24 | $-0.58 | $1.18 | ||
| Q3 24 | $-0.85 | $1.01 | ||
| Q2 24 | $-0.93 | $1.21 | ||
| Q1 24 | $-1.51 | $1.12 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $174.1M | — |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $590.1M | $3.6B |
| Total Assets | $751.9M | $24.9B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $174.1M | — | ||
| Q3 25 | $142.7M | — | ||
| Q2 25 | $141.3M | — | ||
| Q1 25 | $144.6M | — | ||
| Q4 24 | $127.1M | — | ||
| Q3 24 | $153.9M | — | ||
| Q2 24 | $131.8M | — | ||
| Q1 24 | $144.9M | — |
| Q4 25 | $590.1M | $3.6B | ||
| Q3 25 | $576.5M | $3.5B | ||
| Q2 25 | $572.7M | $3.1B | ||
| Q1 25 | $561.4M | $3.0B | ||
| Q4 24 | $554.3M | $3.0B | ||
| Q3 24 | $547.6M | $3.0B | ||
| Q2 24 | $555.4M | $2.9B | ||
| Q1 24 | $559.9M | $2.9B |
| Q4 25 | $751.9M | $24.9B | ||
| Q3 25 | $706.4M | $25.0B | ||
| Q2 25 | $701.9M | $20.0B | ||
| Q1 25 | $689.0M | $19.9B | ||
| Q4 24 | $670.8M | $19.4B | ||
| Q3 24 | $650.3M | $19.4B | ||
| Q2 24 | $638.7M | $19.4B | ||
| Q1 24 | $657.7M | $19.3B |
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 | $34.3M | $78.9M |
| Free Cash FlowOCF − Capex | $31.4M | $75.5M |
| FCF MarginFCF / Revenue | 29.0% | 35.5% |
| Capex IntensityCapex / Revenue | 2.7% | 1.6% |
| Cash ConversionOCF / Net Profit | — | 1.05× |
| TTM Free Cash FlowTrailing 4 quarters | $64.3M | $239.0M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $34.3M | $78.9M | ||
| Q3 25 | $5.5M | $52.2M | ||
| Q2 25 | $14.8M | $106.7M | ||
| Q1 25 | $25.4M | $13.3M | ||
| Q4 24 | $6.6M | $42.9M | ||
| Q3 24 | $16.7M | $70.2M | ||
| Q2 24 | $-15.0M | $65.6M | ||
| Q1 24 | $-4.0M | $51.1M |
| Q4 25 | $31.4M | $75.5M | ||
| Q3 25 | $1.4M | $49.7M | ||
| Q2 25 | $10.2M | $102.5M | ||
| Q1 25 | $21.2M | $11.3M | ||
| Q4 24 | $4.1M | $36.5M | ||
| Q3 24 | $14.2M | $64.4M | ||
| Q2 24 | $-16.1M | $61.9M | ||
| Q1 24 | $-6.0M | $46.7M |
| Q4 25 | 29.0% | 35.5% | ||
| Q3 25 | 1.4% | 24.4% | ||
| Q2 25 | 11.9% | 69.5% | ||
| Q1 25 | 25.3% | 7.8% | ||
| Q4 24 | 5.0% | 25.2% | ||
| Q3 24 | 22.2% | 45.4% | ||
| Q2 24 | -29.5% | 44.9% | ||
| Q1 24 | -11.6% | 34.0% |
| Q4 25 | 2.7% | 1.6% | ||
| Q3 25 | 4.3% | 1.2% | ||
| Q2 25 | 5.3% | 2.9% | ||
| Q1 25 | 5.0% | 1.4% | ||
| Q4 24 | 3.0% | 4.4% | ||
| Q3 24 | 4.0% | 4.1% | ||
| Q2 24 | 2.1% | 2.7% | ||
| Q1 24 | 3.7% | 3.2% |
| Q4 25 | — | 1.05× | ||
| Q3 25 | — | 1.52× | ||
| Q2 25 | — | 2.09× | ||
| Q1 25 | — | 0.30× | ||
| Q4 24 | — | 0.86× | ||
| Q3 24 | — | 1.64× | ||
| Q2 24 | — | 1.28× | ||
| Q1 24 | — | 1.07× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
AMBA
| TW | $76.0M | 70% |
| Asia Pacific Other Than Taiwan | $20.2M | 19% |
| North America Other Than United States | $7.4M | 7% |
| Other | $5.0M | 5% |
INDB
Segment breakdown not available.
