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Side-by-side financial comparison of Beam Therapeutics Inc. (BEAM) and indie Semiconductor, Inc. (INDI). Click either name above to swap in a different company.

Beam Therapeutics Inc. is the larger business by last-quarter revenue ($114.1M vs $58.0M, roughly 2.0× indie Semiconductor, Inc.). Beam Therapeutics Inc. runs the higher net margin — 214.1% vs -53.8%, a 267.9% gap on every dollar of revenue. On growth, Beam Therapeutics Inc. posted the faster year-over-year revenue change (279.5% vs -0.0%). indie Semiconductor, Inc. produced more free cash flow last quarter ($-16.1M vs $-87.0M).

Beam Therapeutics Inc. is an American biotechnology company conducting research in the field of gene therapies and genome editing. The company is headquartered in Cambridge, Massachusetts. In the development of therapies, the company relies on CRISPR base editing and prime editing, whereby single nucleotides in a DNA sequence can be enzymatically modified without producing double-strand breaks.

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.

BEAM vs INDI — Head-to-Head

Bigger by revenue
BEAM
BEAM
2.0× larger
BEAM
$114.1M
$58.0M
INDI
Growing faster (revenue YoY)
BEAM
BEAM
+279.5% gap
BEAM
279.5%
-0.0%
INDI
Higher net margin
BEAM
BEAM
267.9% more per $
BEAM
214.1%
-53.8%
INDI
More free cash flow
INDI
INDI
$70.9M more FCF
INDI
$-16.1M
$-87.0M
BEAM

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
BEAM
BEAM
INDI
INDI
Revenue
$114.1M
$58.0M
Net Profit
$244.3M
$-31.2M
Gross Margin
37.3%
Operating Margin
-15.3%
-58.5%
Net Margin
214.1%
-53.8%
Revenue YoY
279.5%
-0.0%
Net Profit YoY
370.4%
9.1%
EPS (diluted)
$2.53
$-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.

Revenue
BEAM
BEAM
INDI
INDI
Q4 25
$114.1M
$58.0M
Q3 25
$53.7M
Q2 25
$51.6M
Q1 25
$54.1M
Q4 24
$58.0M
Q3 24
$54.0M
Q2 24
$52.4M
Q1 24
$52.4M
Net Profit
BEAM
BEAM
INDI
INDI
Q4 25
$244.3M
$-31.2M
Q3 25
$-38.3M
Q2 25
$-39.0M
Q1 25
$-34.5M
Q4 24
$-34.4M
Q3 24
$-49.7M
Q2 24
$-19.2M
Q1 24
$-31.2M
Gross Margin
BEAM
BEAM
INDI
INDI
Q4 25
37.3%
Q3 25
40.1%
Q2 25
40.6%
Q1 25
41.7%
Q4 24
42.6%
Q3 24
39.3%
Q2 24
42.2%
Q1 24
42.5%
Operating Margin
BEAM
BEAM
INDI
INDI
Q4 25
-15.3%
-58.5%
Q3 25
-71.4%
Q2 25
-83.3%
Q1 25
-72.0%
Q4 24
-58.4%
Q3 24
-92.5%
Q2 24
-70.0%
Q1 24
-94.8%
Net Margin
BEAM
BEAM
INDI
INDI
Q4 25
214.1%
-53.8%
Q3 25
-71.3%
Q2 25
-75.6%
Q1 25
-63.9%
Q4 24
-59.2%
Q3 24
-92.1%
Q2 24
-36.6%
Q1 24
-59.6%
EPS (diluted)
BEAM
BEAM
INDI
INDI
Q4 25
$2.53
$-0.16
Q3 25
$-0.19
Q2 25
$-0.20
Q1 25
$-0.18
Q4 24
$-0.18
Q3 24
$-0.28
Q2 24
$-0.11
Q1 24
$-0.19

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
BEAM
BEAM
INDI
INDI
Cash + ST InvestmentsLiquidity on hand
$1.2B
$145.5M
Total DebtLower is stronger
$353.4M
Stockholders' EquityBook value
$1.2B
$358.0M
Total Assets
$1.5B
$840.8M
Debt / EquityLower = less leverage
0.99×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BEAM
BEAM
INDI
INDI
Q4 25
$1.2B
$145.5M
Q3 25
$160.9M
Q2 25
$192.6M
Q1 25
$236.6M
Q4 24
$274.2M
Q3 24
$96.9M
Q2 24
$112.3M
Q1 24
$138.2M
Total Debt
BEAM
BEAM
INDI
INDI
Q4 25
$353.4M
Q3 25
$353.5M
Q2 25
$352.5M
Q1 25
$379.0M
Q4 24
$381.3M
Q3 24
Q2 24
Q1 24
Stockholders' Equity
BEAM
BEAM
INDI
INDI
Q4 25
$1.2B
$358.0M
Q3 25
$369.2M
Q2 25
$390.4M
Q1 25
$405.6M
Q4 24
$417.9M
Q3 24
$458.6M
Q2 24
$470.7M
Q1 24
$432.9M
Total Assets
BEAM
BEAM
INDI
INDI
Q4 25
$1.5B
$840.8M
Q3 25
$855.1M
Q2 25
$867.6M
Q1 25
$909.0M
Q4 24
$941.4M
Q3 24
$797.5M
Q2 24
$797.3M
Q1 24
$803.6M
Debt / Equity
BEAM
BEAM
INDI
INDI
Q4 25
0.99×
Q3 25
0.96×
Q2 25
0.90×
Q1 25
0.93×
Q4 24
0.91×
Q3 24
Q2 24
Q1 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
BEAM
BEAM
INDI
INDI
Operating Cash FlowLast quarter
$-83.3M
$-14.4M
Free Cash FlowOCF − Capex
$-87.0M
$-16.1M
FCF MarginFCF / Revenue
-76.3%
-27.8%
Capex IntensityCapex / Revenue
3.3%
3.0%
Cash ConversionOCF / Net Profit
-0.34×
TTM Free Cash FlowTrailing 4 quarters
$-71.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BEAM
BEAM
INDI
INDI
Q4 25
$-83.3M
$-14.4M
Q3 25
$-6.2M
Q2 25
$-7.6M
Q1 25
$-29.0M
Q4 24
$-6.7M
Q3 24
$-22.8M
Q2 24
$-19.7M
Q1 24
$-9.3M
Free Cash Flow
BEAM
BEAM
INDI
INDI
Q4 25
$-87.0M
$-16.1M
Q3 25
$-10.3M
Q2 25
$-13.6M
Q1 25
$-31.4M
Q4 24
$-8.6M
Q3 24
$-29.3M
Q2 24
$-23.4M
Q1 24
$-11.7M
FCF Margin
BEAM
BEAM
INDI
INDI
Q4 25
-76.3%
-27.8%
Q3 25
-19.2%
Q2 25
-26.4%
Q1 25
-58.0%
Q4 24
-14.8%
Q3 24
-54.3%
Q2 24
-44.7%
Q1 24
-22.3%
Capex Intensity
BEAM
BEAM
INDI
INDI
Q4 25
3.3%
3.0%
Q3 25
7.8%
Q2 25
11.6%
Q1 25
4.4%
Q4 24
3.2%
Q3 24
12.1%
Q2 24
7.0%
Q1 24
4.4%
Cash Conversion
BEAM
BEAM
INDI
INDI
Q4 25
-0.34×
Q3 25
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

BEAM
BEAM

Pfizer$109.1M96%
Other$5.0M4%

INDI
INDI

Products$55.7M96%
Services$2.3M4%

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