vs

Side-by-side financial comparison of CAMDEN NATIONAL CORP (CAC) and indie Semiconductor, Inc. (INDI). Click either name above to swap in a different company.

CAMDEN NATIONAL CORP is the larger business by last-quarter revenue ($64.3M vs $58.0M, roughly 1.1× indie Semiconductor, Inc.). CAMDEN NATIONAL CORP runs the higher net margin — 34.0% vs -53.8%, a 87.8% gap on every dollar of revenue. Over the past eight quarters, CAMDEN NATIONAL CORP's revenue compounded faster (22.6% CAGR vs 5.3%).

Camden National Bank is a commercial bank headquartered in Camden, Maine, operating as the principal subsidiary of Camden National Corporation, a publicly traded bank holding company. Founded in 1875, the bank became a direct, wholly owned subsidiary of the holding company following a corporate reorganization in 1984. Following the 2025 merger with Northway Financial, the combined institution has approximately $7.0 billion in assets.

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.

CAC vs INDI — Head-to-Head

Bigger by revenue
CAC
CAC
1.1× larger
CAC
$64.3M
$58.0M
INDI
Higher net margin
CAC
CAC
87.8% more per $
CAC
34.0%
-53.8%
INDI
Faster 2-yr revenue CAGR
CAC
CAC
Annualised
CAC
22.6%
5.3%
INDI

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
CAC
CAC
INDI
INDI
Revenue
$64.3M
$58.0M
Net Profit
$21.9M
$-31.2M
Gross Margin
37.3%
Operating Margin
-58.5%
Net Margin
34.0%
-53.8%
Revenue YoY
-0.0%
Net Profit YoY
9.1%
EPS (diluted)
$1.29
$-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
CAC
CAC
INDI
INDI
Q1 26
$64.3M
Q4 25
$68.1M
$58.0M
Q3 25
$65.4M
$53.7M
Q2 25
$62.3M
$51.6M
Q1 25
$60.1M
$54.1M
Q4 24
$47.6M
$58.0M
Q3 24
$45.0M
$54.0M
Q2 24
$42.8M
$52.4M
Net Profit
CAC
CAC
INDI
INDI
Q1 26
$21.9M
Q4 25
$22.6M
$-31.2M
Q3 25
$21.2M
$-38.3M
Q2 25
$14.1M
$-39.0M
Q1 25
$7.3M
$-34.5M
Q4 24
$14.7M
$-34.4M
Q3 24
$13.1M
$-49.7M
Q2 24
$12.0M
$-19.2M
Gross Margin
CAC
CAC
INDI
INDI
Q1 26
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%
Operating Margin
CAC
CAC
INDI
INDI
Q1 26
Q4 25
41.5%
-58.5%
Q3 25
40.5%
-71.4%
Q2 25
28.5%
-83.3%
Q1 25
10.3%
-72.0%
Q4 24
38.7%
-58.4%
Q3 24
35.2%
-92.5%
Q2 24
34.7%
-70.0%
Net Margin
CAC
CAC
INDI
INDI
Q1 26
34.0%
Q4 25
33.1%
-53.8%
Q3 25
32.4%
-71.3%
Q2 25
22.6%
-75.6%
Q1 25
12.2%
-63.9%
Q4 24
30.8%
-59.2%
Q3 24
29.1%
-92.1%
Q2 24
28.0%
-36.6%
EPS (diluted)
CAC
CAC
INDI
INDI
Q1 26
$1.29
Q4 25
$1.33
$-0.16
Q3 25
$1.25
$-0.19
Q2 25
$0.83
$-0.20
Q1 25
$0.43
$-0.18
Q4 24
$1.00
$-0.18
Q3 24
$0.90
$-0.28
Q2 24
$0.81
$-0.11

Balance Sheet & Financial Strength

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

Metric
CAC
CAC
INDI
INDI
Cash + ST InvestmentsLiquidity on hand
$145.5M
Total DebtLower is stronger
$514.4M
$353.4M
Stockholders' EquityBook value
$710.0M
$358.0M
Total Assets
$7.0B
$840.8M
Debt / EquityLower = less leverage
0.72×
0.99×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CAC
CAC
INDI
INDI
Q1 26
Q4 25
$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
Total Debt
CAC
CAC
INDI
INDI
Q1 26
$514.4M
Q4 25
$353.4M
Q3 25
$353.5M
Q2 25
$352.5M
Q1 25
$379.0M
Q4 24
$381.3M
Q3 24
Q2 24
Stockholders' Equity
CAC
CAC
INDI
INDI
Q1 26
$710.0M
Q4 25
$696.6M
$358.0M
Q3 25
$676.4M
$369.2M
Q2 25
$652.1M
$390.4M
Q1 25
$640.1M
$405.6M
Q4 24
$531.2M
$417.9M
Q3 24
$529.9M
$458.6M
Q2 24
$508.3M
$470.7M
Total Assets
CAC
CAC
INDI
INDI
Q1 26
$7.0B
Q4 25
$7.0B
$840.8M
Q3 25
$7.0B
$855.1M
Q2 25
$6.9B
$867.6M
Q1 25
$7.0B
$909.0M
Q4 24
$5.8B
$941.4M
Q3 24
$5.7B
$797.5M
Q2 24
$5.7B
$797.3M
Debt / Equity
CAC
CAC
INDI
INDI
Q1 26
0.72×
Q4 25
0.99×
Q3 25
0.96×
Q2 25
0.90×
Q1 25
0.93×
Q4 24
0.91×
Q3 24
Q2 24

Cash Flow & Capital Efficiency

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

Metric
CAC
CAC
INDI
INDI
Operating Cash FlowLast quarter
$-14.4M
Free Cash FlowOCF − Capex
$-16.1M
FCF MarginFCF / Revenue
-27.8%
Capex IntensityCapex / Revenue
3.0%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-71.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CAC
CAC
INDI
INDI
Q1 26
Q4 25
$63.9M
$-14.4M
Q3 25
$36.1M
$-6.2M
Q2 25
$6.0M
$-7.6M
Q1 25
$1.0M
$-29.0M
Q4 24
$60.9M
$-6.7M
Q3 24
$-14.5M
$-22.8M
Q2 24
$14.5M
$-19.7M
Free Cash Flow
CAC
CAC
INDI
INDI
Q1 26
Q4 25
$58.2M
$-16.1M
Q3 25
$35.4M
$-10.3M
Q2 25
$4.5M
$-13.6M
Q1 25
$-727.0K
$-31.4M
Q4 24
$55.4M
$-8.6M
Q3 24
$-16.2M
$-29.3M
Q2 24
$13.2M
$-23.4M
FCF Margin
CAC
CAC
INDI
INDI
Q1 26
Q4 25
85.5%
-27.8%
Q3 25
54.1%
-19.2%
Q2 25
7.3%
-26.4%
Q1 25
-1.2%
-58.0%
Q4 24
116.4%
-14.8%
Q3 24
-36.0%
-54.3%
Q2 24
30.8%
-44.7%
Capex Intensity
CAC
CAC
INDI
INDI
Q1 26
Q4 25
8.4%
3.0%
Q3 25
1.1%
7.8%
Q2 25
2.4%
11.6%
Q1 25
2.9%
4.4%
Q4 24
11.7%
3.2%
Q3 24
3.8%
12.1%
Q2 24
3.0%
7.0%
Cash Conversion
CAC
CAC
INDI
INDI
Q1 26
Q4 25
2.83×
Q3 25
1.70×
Q2 25
0.43×
Q1 25
0.14×
Q4 24
4.15×
Q3 24
-1.11×
Q2 24
1.21×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

CAC
CAC

Net Interest Income$52.4M81%
Noninterest Income$12.0M19%

INDI
INDI

Products$55.7M96%
Services$2.3M4%

Related Comparisons