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Side-by-side financial comparison of indie Semiconductor, Inc. (INDI) and NexPoint Residential Trust, Inc. (NXRT). Click either name above to swap in a different company.

NexPoint Residential Trust, Inc. is the larger business by last-quarter revenue ($62.1M vs $55.5M, roughly 1.1× indie Semiconductor, Inc.). On growth, indie Semiconductor, Inc. posted the faster year-over-year revenue change (2.6% vs -2.7%). Over the past eight quarters, indie Semiconductor, Inc.'s revenue compounded faster (2.9% CAGR vs -4.1%).

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.

NexPoint Residential Trust, Inc. is a publicly traded real estate investment trust focused on acquiring, renovating, and operating multifamily residential properties primarily across high-growth Sun Belt markets in the United States. Its portfolio consists mainly of affordable and mid-tier apartment communities, targeting steady rental income growth and long-term asset value appreciation for investors.

INDI vs NXRT — Head-to-Head

Bigger by revenue
NXRT
NXRT
1.1× larger
NXRT
$62.1M
$55.5M
INDI
Growing faster (revenue YoY)
INDI
INDI
+5.2% gap
INDI
2.6%
-2.7%
NXRT
Faster 2-yr revenue CAGR
INDI
INDI
Annualised
INDI
2.9%
-4.1%
NXRT

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
INDI
INDI
NXRT
NXRT
Revenue
$55.5M
$62.1M
Net Profit
Gross Margin
38.0%
Operating Margin
-70.1%
8.4%
Net Margin
Revenue YoY
2.6%
-2.7%
Net Profit YoY
EPS (diluted)

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
INDI
INDI
NXRT
NXRT
Q1 26
$55.5M
Q4 25
$58.0M
$62.1M
Q3 25
$53.7M
$62.8M
Q2 25
$51.6M
$63.1M
Q1 25
$54.1M
$63.2M
Q4 24
$58.0M
$63.8M
Q3 24
$54.0M
$64.1M
Q2 24
$52.4M
$64.2M
Net Profit
INDI
INDI
NXRT
NXRT
Q1 26
Q4 25
$-31.2M
Q3 25
$-38.3M
$-7.8M
Q2 25
$-39.0M
$-7.0M
Q1 25
$-34.5M
$-6.9M
Q4 24
$-34.4M
Q3 24
$-49.7M
$-8.9M
Q2 24
$-19.2M
$10.6M
Gross Margin
INDI
INDI
NXRT
NXRT
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
INDI
INDI
NXRT
NXRT
Q1 26
-70.1%
Q4 25
-58.5%
8.4%
Q3 25
-71.4%
11.8%
Q2 25
-83.3%
12.5%
Q1 25
-72.0%
11.7%
Q4 24
-58.4%
18.0%
Q3 24
-92.5%
8.7%
Q2 24
-70.0%
39.7%
Net Margin
INDI
INDI
NXRT
NXRT
Q1 26
Q4 25
-53.8%
Q3 25
-71.3%
-12.4%
Q2 25
-75.6%
-11.1%
Q1 25
-63.9%
-10.9%
Q4 24
-59.2%
Q3 24
-92.1%
-13.8%
Q2 24
-36.6%
16.5%
EPS (diluted)
INDI
INDI
NXRT
NXRT
Q1 26
Q4 25
$-0.16
Q3 25
$-0.19
$-0.31
Q2 25
$-0.20
$-0.28
Q1 25
$-0.18
$-0.27
Q4 24
$-0.18
Q3 24
$-0.28
$-0.35
Q2 24
$-0.11
$0.40

Balance Sheet & Financial Strength

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

Metric
INDI
INDI
NXRT
NXRT
Cash + ST InvestmentsLiquidity on hand
$174.4M
$13.7M
Total DebtLower is stronger
$402.8M
$1.6B
Stockholders' EquityBook value
$348.9M
$295.5M
Total Assets
$869.6M
$1.9B
Debt / EquityLower = less leverage
1.15×
5.39×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
INDI
INDI
NXRT
NXRT
Q1 26
$174.4M
Q4 25
$145.5M
$13.7M
Q3 25
$160.9M
$10.8M
Q2 25
$192.6M
$13.6M
Q1 25
$236.6M
$23.7M
Q4 24
$274.2M
$23.1M
Q3 24
$96.9M
$17.4M
Q2 24
$112.3M
$21.3M
Total Debt
INDI
INDI
NXRT
NXRT
Q1 26
$402.8M
Q4 25
$353.4M
$1.6B
Q3 25
$353.5M
Q2 25
$352.5M
Q1 25
$379.0M
Q4 24
$381.3M
Q3 24
Q2 24
Stockholders' Equity
INDI
INDI
NXRT
NXRT
Q1 26
$348.9M
Q4 25
$358.0M
$295.5M
Q3 25
$369.2M
$322.9M
Q2 25
$390.4M
$347.9M
Q1 25
$405.6M
$379.9M
Q4 24
$417.9M
$410.4M
Q3 24
$458.6M
$447.1M
Q2 24
$470.7M
$491.1M
Total Assets
INDI
INDI
NXRT
NXRT
Q1 26
$869.6M
Q4 25
$840.8M
$1.9B
Q3 25
$855.1M
$1.8B
Q2 25
$867.6M
$1.9B
Q1 25
$909.0M
$1.9B
Q4 24
$941.4M
$1.9B
Q3 24
$797.5M
$2.0B
Q2 24
$797.3M
$2.0B
Debt / Equity
INDI
INDI
NXRT
NXRT
Q1 26
1.15×
Q4 25
0.99×
5.39×
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
INDI
INDI
NXRT
NXRT
Operating Cash FlowLast quarter
$83.6M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
INDI
INDI
NXRT
NXRT
Q1 26
Q4 25
$-14.4M
$83.6M
Q3 25
$-6.2M
$29.3M
Q2 25
$-7.6M
$19.9M
Q1 25
$-29.0M
$28.3M
Q4 24
$-6.7M
$73.6M
Q3 24
$-22.8M
$27.8M
Q2 24
$-19.7M
$19.7M
Free Cash Flow
INDI
INDI
NXRT
NXRT
Q1 26
Q4 25
$-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
FCF Margin
INDI
INDI
NXRT
NXRT
Q1 26
Q4 25
-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%
Capex Intensity
INDI
INDI
NXRT
NXRT
Q1 26
Q4 25
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%
Cash Conversion
INDI
INDI
NXRT
NXRT
Q1 26
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
1.86×

Financial Flow Comparison

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

Revenue Breakdown by Segment

INDI
INDI

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

NXRT
NXRT

Segment breakdown not available.

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