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Side-by-side financial comparison of indie Semiconductor, Inc. (INDI) and OLAPLEX HOLDINGS, INC. (OLPX). Click either name above to swap in a different company.
OLAPLEX HOLDINGS, INC. is the larger business by last-quarter revenue ($105.1M vs $55.5M, roughly 1.9× indie Semiconductor, Inc.). On growth, OLAPLEX HOLDINGS, INC. posted the faster year-over-year revenue change (4.3% vs 2.6%). Over the past eight quarters, OLAPLEX HOLDINGS, INC.'s revenue compounded faster (3.1% CAGR vs 2.9%).
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.
Olaplex Holdings, Inc. is a specialty beauty company developing and selling patented bond-repair hair care products. It runs three core segments: professional salon distribution, direct-to-consumer sales, and third-party retail, serving customers across North America, Europe, and Asia-Pacific with products that repair and protect damaged hair.
INDI vs OLPX — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $55.5M | $105.1M |
| Net Profit | — | $-13.1M |
| Gross Margin | 38.0% | 68.0% |
| Operating Margin | -70.1% | -4.3% |
| Net Margin | — | -12.5% |
| Revenue YoY | 2.6% | 4.3% |
| Net Profit YoY | — | -48.9% |
| EPS (diluted) | — | $-0.02 |
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 | $105.1M | ||
| Q3 25 | $53.7M | $114.6M | ||
| Q2 25 | $51.6M | $106.3M | ||
| Q1 25 | $54.1M | $97.0M | ||
| Q4 24 | $58.0M | $100.7M | ||
| Q3 24 | $54.0M | $119.1M | ||
| Q2 24 | $52.4M | $103.9M |
| Q1 26 | — | — | ||
| Q4 25 | $-31.2M | $-13.1M | ||
| Q3 25 | $-38.3M | $11.1M | ||
| Q2 25 | $-39.0M | $-7.7M | ||
| Q1 25 | $-34.5M | $465.0K | ||
| Q4 24 | $-34.4M | $-8.8M | ||
| Q3 24 | $-49.7M | $14.8M | ||
| Q2 24 | $-19.2M | $5.8M |
| Q1 26 | 38.0% | — | ||
| Q4 25 | 37.3% | 68.0% | ||
| Q3 25 | 40.1% | 69.1% | ||
| Q2 25 | 40.6% | 71.2% | ||
| Q1 25 | 41.7% | 69.5% | ||
| Q4 24 | 42.6% | 66.3% | ||
| Q3 24 | 39.3% | 68.6% | ||
| Q2 24 | 42.2% | 69.7% |
| Q1 26 | -70.1% | — | ||
| Q4 25 | -58.5% | -4.3% | ||
| Q3 25 | -71.4% | 3.7% | ||
| Q2 25 | -83.3% | -1.1% | ||
| Q1 25 | -72.0% | 8.7% | ||
| Q4 24 | -58.4% | 3.0% | ||
| Q3 24 | -92.5% | 23.5% | ||
| Q2 24 | -70.0% | 15.7% |
| Q1 26 | — | — | ||
| Q4 25 | -53.8% | -12.5% | ||
| Q3 25 | -71.3% | 9.7% | ||
| Q2 25 | -75.6% | -7.3% | ||
| Q1 25 | -63.9% | 0.5% | ||
| Q4 24 | -59.2% | -8.7% | ||
| Q3 24 | -92.1% | 12.4% | ||
| Q2 24 | -36.6% | 5.6% |
| Q1 26 | — | — | ||
| Q4 25 | $-0.16 | $-0.02 | ||
| Q3 25 | $-0.19 | $0.02 | ||
| Q2 25 | $-0.20 | $-0.01 | ||
| Q1 25 | $-0.18 | $0.00 | ||
| Q4 24 | $-0.18 | $-0.01 | ||
| Q3 24 | $-0.28 | $0.02 | ||
| Q2 24 | $-0.11 | $0.01 |
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 | $318.7M |
| Total DebtLower is stronger | $402.8M | $352.3M |
| Stockholders' EquityBook value | $348.9M | $879.4M |
| Total Assets | $869.6M | $1.5B |
| Debt / EquityLower = less leverage | 1.15× | 0.40× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $174.4M | — | ||
| Q4 25 | $145.5M | $318.7M | ||
| Q3 25 | $160.9M | $286.4M | ||
| Q2 25 | $192.6M | $289.3M | ||
| Q1 25 | $236.6M | $580.9M | ||
| Q4 24 | $274.2M | $586.0M | ||
| Q3 24 | $96.9M | $538.8M | ||
| Q2 24 | $112.3M | $507.9M |
| Q1 26 | $402.8M | — | ||
| Q4 25 | $353.4M | $352.3M | ||
| Q3 25 | $353.5M | $352.1M | ||
| Q2 25 | $352.5M | $351.9M | ||
| Q1 25 | $379.0M | $649.1M | ||
| Q4 24 | $381.3M | $650.5M | ||
| Q3 24 | — | $651.8M | ||
| Q2 24 | — | $653.1M |
| Q1 26 | $348.9M | — | ||
| Q4 25 | $358.0M | $879.4M | ||
| Q3 25 | $369.2M | $888.7M | ||
| Q2 25 | $390.4M | $874.2M | ||
| Q1 25 | $405.6M | $878.3M | ||
| Q4 24 | $417.9M | $874.4M | ||
| Q3 24 | $458.6M | $879.7M | ||
| Q2 24 | $470.7M | $863.3M |
| Q1 26 | $869.6M | — | ||
| Q4 25 | $840.8M | $1.5B | ||
| Q3 25 | $855.1M | $1.5B | ||
| Q2 25 | $867.6M | $1.5B | ||
| Q1 25 | $909.0M | $1.8B | ||
| Q4 24 | $941.4M | $1.8B | ||
| Q3 24 | $797.5M | $1.8B | ||
| Q2 24 | $797.3M | $1.8B |
| Q1 26 | 1.15× | — | ||
| Q4 25 | 0.99× | 0.40× | ||
| Q3 25 | 0.96× | 0.40× | ||
| Q2 25 | 0.90× | 0.40× | ||
| Q1 25 | 0.93× | 0.74× | ||
| Q4 24 | 0.91× | 0.74× | ||
| Q3 24 | — | 0.74× | ||
| Q2 24 | — | 0.76× |
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 | — | $32.7M |
| Free Cash FlowOCF − Capex | — | $32.6M |
| FCF MarginFCF / Revenue | — | 31.0% |
| Capex IntensityCapex / Revenue | — | 0.1% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $58.3M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $-14.4M | $32.7M | ||
| Q3 25 | $-6.2M | $8.0M | ||
| Q2 25 | $-7.6M | $20.9M | ||
| Q1 25 | $-29.0M | $-2.9M | ||
| Q4 24 | $-6.7M | $49.7M | ||
| Q3 24 | $-22.8M | $33.5M | ||
| Q2 24 | $-19.7M | $16.2M |
| Q1 26 | — | — | ||
| Q4 25 | $-16.1M | $32.6M | ||
| Q3 25 | $-10.3M | $7.9M | ||
| Q2 25 | $-13.6M | $20.8M | ||
| Q1 25 | $-31.4M | $-3.0M | ||
| Q4 24 | $-8.6M | $49.2M | ||
| Q3 24 | $-29.3M | $33.3M | ||
| Q2 24 | $-23.4M | $16.1M |
| Q1 26 | — | — | ||
| Q4 25 | -27.8% | 31.0% | ||
| Q3 25 | -19.2% | 6.9% | ||
| Q2 25 | -26.4% | 19.6% | ||
| Q1 25 | -58.0% | -3.1% | ||
| Q4 24 | -14.8% | 48.9% | ||
| Q3 24 | -54.3% | 28.0% | ||
| Q2 24 | -44.7% | 15.5% |
| Q1 26 | — | — | ||
| Q4 25 | 3.0% | 0.1% | ||
| Q3 25 | 7.8% | 0.1% | ||
| Q2 25 | 11.6% | 0.1% | ||
| Q1 25 | 4.4% | 0.0% | ||
| Q4 24 | 3.2% | 0.4% | ||
| Q3 24 | 12.1% | 0.1% | ||
| Q2 24 | 7.0% | 0.1% |
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | 0.72× | ||
| Q2 25 | — | — | ||
| Q1 25 | — | -6.27× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 2.26× | ||
| Q2 24 | — | 2.81× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
INDI
| Product revenue | $51.6M | 93% |
| Contract revenue | $3.9M | 7% |
OLPX
| Sales Channel Directly To Consumer | $43.6M | 42% |
| Sales Channel Through Intermediary Professional | $36.8M | 35% |
| Sales Channel Through Intermediary Specialty Retail | $24.7M | 23% |
