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Side-by-side financial comparison of Primis Financial Corp. (FRST) and indie Semiconductor, Inc. (INDI). Click either name above to swap in a different company.

indie Semiconductor, Inc. is the larger business by last-quarter revenue ($55.5M vs $45.6M, roughly 1.2× Primis Financial Corp.). Over the past eight quarters, Primis Financial Corp.'s revenue compounded faster (13.0% CAGR vs 2.9%).

Primis Financial Corp is a U.S.-based financial holding company operating full-service banking subsidiaries. It provides a comprehensive range of financial solutions including personal and commercial deposit products, diverse loan facilities, mortgage services, and wealth management support, primarily serving retail and corporate customers across the U.S. mid-Atlantic region.

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.

FRST vs INDI — Head-to-Head

Bigger by revenue
INDI
INDI
1.2× larger
INDI
$55.5M
$45.6M
FRST
Faster 2-yr revenue CAGR
FRST
FRST
Annualised
FRST
13.0%
2.9%
INDI

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
FRST
FRST
INDI
INDI
Revenue
$45.6M
$55.5M
Net Profit
$7.3M
Gross Margin
38.0%
Operating Margin
-70.1%
Net Margin
16.0%
Revenue YoY
2.6%
Net Profit YoY
200.0%
EPS (diluted)
$0.30

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
FRST
FRST
INDI
INDI
Q1 26
$45.6M
$55.5M
Q4 25
$80.9M
$58.0M
Q3 25
$41.0M
$53.7M
Q2 25
$43.2M
$51.6M
Q1 25
$58.7M
$54.1M
Q4 24
$38.8M
$58.0M
Q3 24
$37.3M
$54.0M
Q2 24
$35.7M
$52.4M
Net Profit
FRST
FRST
INDI
INDI
Q1 26
$7.3M
Q4 25
$29.5M
$-31.2M
Q3 25
$6.8M
$-38.3M
Q2 25
$2.4M
$-39.0M
Q1 25
$22.6M
$-34.5M
Q4 24
$-26.2M
$-34.4M
Q3 24
$1.2M
$-49.7M
Q2 24
$3.4M
$-19.2M
Gross Margin
FRST
FRST
INDI
INDI
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%
Operating Margin
FRST
FRST
INDI
INDI
Q1 26
-70.1%
Q4 25
44.8%
-58.5%
Q3 25
21.3%
-71.4%
Q2 25
6.9%
-83.3%
Q1 25
41.9%
-72.0%
Q4 24
-123.0%
-58.4%
Q3 24
-3.1%
-92.5%
Q2 24
7.8%
-70.0%
Net Margin
FRST
FRST
INDI
INDI
Q1 26
16.0%
Q4 25
36.5%
-53.8%
Q3 25
16.7%
-71.3%
Q2 25
5.6%
-75.6%
Q1 25
38.6%
-63.9%
Q4 24
-100.3%
-59.2%
Q3 24
3.3%
-92.1%
Q2 24
9.6%
-36.6%
EPS (diluted)
FRST
FRST
INDI
INDI
Q1 26
$0.30
Q4 25
$1.19
$-0.16
Q3 25
$0.28
$-0.19
Q2 25
$0.10
$-0.20
Q1 25
$0.92
$-0.18
Q4 24
$-0.95
$-0.18
Q3 24
$0.05
$-0.28
Q2 24
$0.14
$-0.11

Balance Sheet & Financial Strength

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

Metric
FRST
FRST
INDI
INDI
Cash + ST InvestmentsLiquidity on hand
$159.9M
$174.4M
Total DebtLower is stronger
$402.8M
Stockholders' EquityBook value
$427.2M
$348.9M
Total Assets
$4.3B
$869.6M
Debt / EquityLower = less leverage
1.15×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FRST
FRST
INDI
INDI
Q1 26
$159.9M
$174.4M
Q4 25
$143.6M
$145.5M
Q3 25
$63.9M
$160.9M
Q2 25
$94.1M
$192.6M
Q1 25
$57.0M
$236.6M
Q4 24
$64.5M
$274.2M
Q3 24
$77.3M
$96.9M
Q2 24
$66.6M
$112.3M
Total Debt
FRST
FRST
INDI
INDI
Q1 26
$402.8M
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
FRST
FRST
INDI
INDI
Q1 26
$427.2M
$348.9M
Q4 25
$422.9M
$358.0M
Q3 25
$382.2M
$369.2M
Q2 25
$376.4M
$390.4M
Q1 25
$375.6M
$405.6M
Q4 24
$351.8M
$417.9M
Q3 24
$381.0M
$458.6M
Q2 24
$376.0M
$470.7M
Total Assets
FRST
FRST
INDI
INDI
Q1 26
$4.3B
$869.6M
Q4 25
$4.0B
$840.8M
Q3 25
$4.0B
$855.1M
Q2 25
$3.9B
$867.6M
Q1 25
$3.7B
$909.0M
Q4 24
$3.7B
$941.4M
Q3 24
$4.0B
$797.5M
Q2 24
$4.0B
$797.3M
Debt / Equity
FRST
FRST
INDI
INDI
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

Financial Flow Comparison

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

Revenue Breakdown by Segment

FRST
FRST

Net Interest Income$32.1M70%
Noninterest Income$13.6M30%

INDI
INDI

Product revenue$51.6M93%
Contract revenue$3.9M7%

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