vs

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

indie Semiconductor, Inc. is the larger business by last-quarter revenue ($55.5M vs $51.0M, roughly 1.1× PRIMEENERGY RESOURCES CORP). On growth, indie Semiconductor, Inc. posted the faster year-over-year revenue change (2.6% vs -15.7%). Over the past eight quarters, PRIMEENERGY RESOURCES CORP's revenue compounded faster (9.0% 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.

PrimeEnergy Resources Corp is an independent energy firm focused on the exploration, development, and production of oil and natural gas. It primarily operates across onshore resource basins in the United States, serving regional energy markets to meet industrial and consumer demand for reliable energy supplies.

INDI vs PNRG — Head-to-Head

Bigger by revenue
INDI
INDI
1.1× larger
INDI
$55.5M
$51.0M
PNRG
Growing faster (revenue YoY)
INDI
INDI
+18.2% gap
INDI
2.6%
-15.7%
PNRG
Faster 2-yr revenue CAGR
PNRG
PNRG
Annualised
PNRG
9.0%
2.9%
INDI

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
INDI
INDI
PNRG
PNRG
Revenue
$55.5M
$51.0M
Net Profit
$3.4M
Gross Margin
38.0%
97.9%
Operating Margin
-70.1%
3.2%
Net Margin
6.6%
Revenue YoY
2.6%
-15.7%
Net Profit YoY
48.7%
EPS (diluted)
$1.43

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
PNRG
PNRG
Q1 26
$55.5M
Q4 25
$58.0M
$51.0M
Q3 25
$53.7M
$46.0M
Q2 25
$51.6M
$42.0M
Q1 25
$54.1M
$50.1M
Q4 24
$58.0M
$60.5M
Q3 24
$54.0M
$69.5M
Q2 24
$52.4M
$64.8M
Net Profit
INDI
INDI
PNRG
PNRG
Q1 26
Q4 25
$-31.2M
$3.4M
Q3 25
$-38.3M
$10.6M
Q2 25
$-39.0M
$3.2M
Q1 25
$-34.5M
$9.1M
Q4 24
$-34.4M
$2.3M
Q3 24
$-49.7M
$22.1M
Q2 24
$-19.2M
$19.7M
Gross Margin
INDI
INDI
PNRG
PNRG
Q1 26
38.0%
Q4 25
37.3%
97.9%
Q3 25
40.1%
95.6%
Q2 25
40.6%
97.1%
Q1 25
41.7%
96.3%
Q4 24
42.6%
98.8%
Q3 24
39.3%
95.5%
Q2 24
42.2%
96.2%
Operating Margin
INDI
INDI
PNRG
PNRG
Q1 26
-70.1%
Q4 25
-58.5%
3.2%
Q3 25
-71.4%
28.9%
Q2 25
-83.3%
10.0%
Q1 25
-72.0%
22.7%
Q4 24
-58.4%
6.8%
Q3 24
-92.5%
40.4%
Q2 24
-70.0%
38.1%
Net Margin
INDI
INDI
PNRG
PNRG
Q1 26
Q4 25
-53.8%
6.6%
Q3 25
-71.3%
23.0%
Q2 25
-75.6%
7.7%
Q1 25
-63.9%
18.2%
Q4 24
-59.2%
3.8%
Q3 24
-92.1%
31.8%
Q2 24
-36.6%
30.4%
EPS (diluted)
INDI
INDI
PNRG
PNRG
Q1 26
Q4 25
$-0.16
$1.43
Q3 25
$-0.19
$4.38
Q2 25
$-0.20
$1.33
Q1 25
$-0.18
$3.72
Q4 24
$-0.18
$0.97
Q3 24
$-0.28
$8.80
Q2 24
$-0.11
$7.77

Balance Sheet & Financial Strength

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

Metric
INDI
INDI
PNRG
PNRG
Cash + ST InvestmentsLiquidity on hand
$174.4M
$7.4M
Total DebtLower is stronger
$402.8M
Stockholders' EquityBook value
$348.9M
$215.7M
Total Assets
$869.6M
$323.9M
Debt / EquityLower = less leverage
1.15×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
INDI
INDI
PNRG
PNRG
Q1 26
$174.4M
Q4 25
$145.5M
$7.4M
Q3 25
$160.9M
$3.7M
Q2 25
$192.6M
$2.4M
Q1 25
$236.6M
$2.1M
Q4 24
$274.2M
$2.5M
Q3 24
$96.9M
$1.6M
Q2 24
$112.3M
$2.0M
Total Debt
INDI
INDI
PNRG
PNRG
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
INDI
INDI
PNRG
PNRG
Q1 26
$348.9M
Q4 25
$358.0M
$215.7M
Q3 25
$369.2M
$213.8M
Q2 25
$390.4M
$205.2M
Q1 25
$405.6M
$205.0M
Q4 24
$417.9M
$202.9M
Q3 24
$458.6M
$203.8M
Q2 24
$470.7M
$186.3M
Total Assets
INDI
INDI
PNRG
PNRG
Q1 26
$869.6M
Q4 25
$840.8M
$323.9M
Q3 25
$855.1M
$332.0M
Q2 25
$867.6M
$343.0M
Q1 25
$909.0M
$339.3M
Q4 24
$941.4M
$324.6M
Q3 24
$797.5M
$345.6M
Q2 24
$797.3M
$334.8M
Debt / Equity
INDI
INDI
PNRG
PNRG
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
INDI
INDI
PNRG
PNRG
Operating Cash FlowLast quarter
$12.2M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
3.60×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
INDI
INDI
PNRG
PNRG
Q1 26
Q4 25
$-14.4M
$12.2M
Q3 25
$-6.2M
$54.7M
Q2 25
$-7.6M
$-8.3M
Q1 25
$-29.0M
$38.2M
Q4 24
$-6.7M
$23.9M
Q3 24
$-22.8M
$50.8M
Q2 24
$-19.7M
$-1.9M
Free Cash Flow
INDI
INDI
PNRG
PNRG
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
PNRG
PNRG
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
PNRG
PNRG
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
PNRG
PNRG
Q1 26
Q4 25
3.60×
Q3 25
5.18×
Q2 25
-2.58×
Q1 25
4.18×
Q4 24
10.50×
Q3 24
2.30×
Q2 24
-0.10×

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%

PNRG
PNRG

Oil Sales$43.1M84%
Natural Gas Liquid$5.5M11%
Oil And Gas Service$2.0M4%

Related Comparisons