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Side-by-side financial comparison of DENNY'S Corp (DENN) and indie Semiconductor, Inc. (INDI). Click either name above to swap in a different company.
DENNY'S Corp is the larger business by last-quarter revenue ($113.2M vs $55.5M, roughly 2.0× indie Semiconductor, Inc.). On growth, indie Semiconductor, Inc. posted the faster year-over-year revenue change (2.6% vs 1.3%). Over the past eight quarters, indie Semiconductor, Inc.'s revenue compounded faster (2.9% CAGR vs -0.9%).
Denny's is an American table service diner-style restaurant chain. It operates over 1,400 restaurants in the United States, Canada, México, Puerto Rico, and several other international locations.
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.
DENN vs INDI — Head-to-Head
Income Statement — Q3 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $113.2M | $55.5M |
| Net Profit | $632.0K | — |
| Gross Margin | — | 38.0% |
| Operating Margin | 9.2% | -70.1% |
| Net Margin | 0.6% | — |
| Revenue YoY | 1.3% | 2.6% |
| Net Profit YoY | -90.3% | — |
| EPS (diluted) | $0.01 | — |
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.
| Q1 26 | — | $55.5M | ||
| Q4 25 | — | $58.0M | ||
| Q3 25 | $113.2M | $53.7M | ||
| Q2 25 | $117.7M | $51.6M | ||
| Q1 25 | $111.6M | $54.1M | ||
| Q4 24 | $114.7M | $58.0M | ||
| Q3 24 | $111.8M | $54.0M | ||
| Q2 24 | $115.9M | $52.4M |
| Q1 26 | — | — | ||
| Q4 25 | — | $-31.2M | ||
| Q3 25 | $632.0K | $-38.3M | ||
| Q2 25 | $2.5M | $-39.0M | ||
| Q1 25 | $326.0K | $-34.5M | ||
| Q4 24 | $6.8M | $-34.4M | ||
| Q3 24 | $6.5M | $-49.7M | ||
| Q2 24 | $3.6M | $-19.2M |
| Q1 26 | — | 38.0% | ||
| 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 26 | — | -70.1% | ||
| Q4 25 | — | -58.5% | ||
| Q3 25 | 9.2% | -71.4% | ||
| Q2 25 | 7.3% | -83.3% | ||
| Q1 25 | 4.7% | -72.0% | ||
| Q4 24 | 12.6% | -58.4% | ||
| Q3 24 | 10.5% | -92.5% | ||
| Q2 24 | 7.9% | -70.0% |
| Q1 26 | — | — | ||
| Q4 25 | — | -53.8% | ||
| Q3 25 | 0.6% | -71.3% | ||
| Q2 25 | 2.1% | -75.6% | ||
| Q1 25 | 0.3% | -63.9% | ||
| Q4 24 | 5.9% | -59.2% | ||
| Q3 24 | 5.8% | -92.1% | ||
| Q2 24 | 3.1% | -36.6% |
| Q1 26 | — | — | ||
| Q4 25 | — | $-0.16 | ||
| Q3 25 | $0.01 | $-0.19 | ||
| Q2 25 | $0.05 | $-0.20 | ||
| Q1 25 | $0.01 | $-0.18 | ||
| Q4 24 | $0.13 | $-0.18 | ||
| Q3 24 | $0.12 | $-0.28 | ||
| Q2 24 | $0.07 | $-0.11 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $174.4M |
| Total DebtLower is stronger | — | $402.8M |
| Stockholders' EquityBook value | $-32.7M | $348.9M |
| Total Assets | $502.9M | $869.6M |
| Debt / EquityLower = less leverage | — | 1.15× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $174.4M | ||
| Q4 25 | — | $145.5M | ||
| Q3 25 | — | $160.9M | ||
| Q2 25 | — | $192.6M | ||
| Q1 25 | $1.1M | $236.6M | ||
| Q4 24 | $100.0K | $274.2M | ||
| Q3 24 | $2.9M | $96.9M | ||
| Q2 24 | $2.8M | $112.3M |
| Q1 26 | — | $402.8M | ||
| Q4 25 | — | $353.4M | ||
| Q3 25 | — | $353.5M | ||
| Q2 25 | — | $352.5M | ||
| Q1 25 | — | $379.0M | ||
| Q4 24 | $270.6M | $381.3M | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
| Q1 26 | — | $348.9M | ||
| Q4 25 | — | $358.0M | ||
| Q3 25 | $-32.7M | $369.2M | ||
| Q2 25 | $-34.6M | $390.4M | ||
| Q1 25 | $-36.4M | $405.6M | ||
| Q4 24 | $-34.0M | $417.9M | ||
| Q3 24 | $-54.5M | $458.6M | ||
| Q2 24 | $-53.2M | $470.7M |
| Q1 26 | — | $869.6M | ||
| Q4 25 | — | $840.8M | ||
| Q3 25 | $502.9M | $855.1M | ||
| Q2 25 | $491.1M | $867.6M | ||
| Q1 25 | $488.1M | $909.0M | ||
| Q4 24 | $496.3M | $941.4M | ||
| Q3 24 | $461.6M | $797.5M | ||
| Q2 24 | $459.9M | $797.3M |
| Q1 26 | — | 1.15× | ||
| 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 | | |
|---|---|---|
| Operating Cash FlowLast quarter | $16.0M | — |
| Free Cash FlowOCF − Capex | $16.0M | — |
| FCF MarginFCF / Revenue | 14.1% | — |
| Capex IntensityCapex / Revenue | 0.0% | — |
| Cash ConversionOCF / Net Profit | 25.28× | — |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | — | $-14.4M | ||
| Q3 25 | $16.0M | $-6.2M | ||
| Q2 25 | $9.4M | $-7.6M | ||
| Q1 25 | $5.0M | $-29.0M | ||
| Q4 24 | $8.5M | $-6.7M | ||
| Q3 24 | $6.6M | $-22.8M | ||
| Q2 24 | $14.2M | $-19.7M |
| Q1 26 | — | — | ||
| Q4 25 | — | $-16.1M | ||
| Q3 25 | $16.0M | $-10.3M | ||
| Q2 25 | — | $-13.6M | ||
| Q1 25 | — | $-31.4M | ||
| Q4 24 | — | $-8.6M | ||
| Q3 24 | — | $-29.3M | ||
| Q2 24 | — | $-23.4M |
| Q1 26 | — | — | ||
| Q4 25 | — | -27.8% | ||
| Q3 25 | 14.1% | -19.2% | ||
| Q2 25 | — | -26.4% | ||
| Q1 25 | — | -58.0% | ||
| Q4 24 | — | -14.8% | ||
| Q3 24 | — | -54.3% | ||
| Q2 24 | — | -44.7% |
| Q1 26 | — | — | ||
| Q4 25 | — | 3.0% | ||
| Q3 25 | 0.0% | 7.8% | ||
| Q2 25 | — | 11.6% | ||
| Q1 25 | — | 4.4% | ||
| Q4 24 | — | 3.2% | ||
| Q3 24 | 0.0% | 12.1% | ||
| Q2 24 | — | 7.0% |
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | 25.28× | — | ||
| Q2 25 | 3.79× | — | ||
| Q1 25 | 15.38× | — | ||
| Q4 24 | 1.26× | — | ||
| Q3 24 | 1.01× | — | ||
| Q2 24 | 3.97× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
DENN
| Franchisor Owned Outlet | $57.4M | 51% |
| Royalty | $27.7M | 25% |
| Advertising | $18.6M | 16% |
| Occupancy | $7.7M | 7% |
| Initial And Other Fees | $1.7M | 1% |
INDI
| Product revenue | $51.6M | 93% |
| Contract revenue | $3.9M | 7% |
