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Side-by-side financial comparison of indie Semiconductor, Inc. (INDI) and Silvercrest Asset Management Group Inc. (SAMG). Click either name above to swap in a different company.

indie Semiconductor, Inc. is the larger business by last-quarter revenue ($58.0M vs $32.0M, roughly 1.8× Silvercrest Asset Management Group Inc.). Silvercrest Asset Management Group Inc. runs the higher net margin — -0.4% vs -53.8%, a 53.5% gap on every dollar of revenue. On growth, indie Semiconductor, Inc. posted the faster year-over-year revenue change (-0.0% vs -0.0%). Silvercrest Asset Management Group Inc. produced more free cash flow last quarter ($15.0M vs $-16.1M). Over the past eight quarters, indie Semiconductor, Inc.'s revenue compounded faster (5.3% CAGR vs 2.7%).

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.

INDI vs SAMG — Head-to-Head

Bigger by revenue
INDI
INDI
1.8× larger
INDI
$58.0M
$32.0M
SAMG
Growing faster (revenue YoY)
INDI
INDI
+0.0% gap
INDI
-0.0%
-0.0%
SAMG
Higher net margin
SAMG
SAMG
53.5% more per $
SAMG
-0.4%
-53.8%
INDI
More free cash flow
SAMG
SAMG
$31.1M more FCF
SAMG
$15.0M
$-16.1M
INDI
Faster 2-yr revenue CAGR
INDI
INDI
Annualised
INDI
5.3%
2.7%
SAMG

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
INDI
INDI
SAMG
SAMG
Revenue
$58.0M
$32.0M
Net Profit
$-31.2M
$-120.0K
Gross Margin
37.3%
Operating Margin
-58.5%
-2.8%
Net Margin
-53.8%
-0.4%
Revenue YoY
-0.0%
-0.0%
Net Profit YoY
9.1%
-107.4%
EPS (diluted)
$-0.16
$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.

Revenue
INDI
INDI
SAMG
SAMG
Q4 25
$58.0M
$32.0M
Q3 25
$53.7M
$31.3M
Q2 25
$51.6M
$30.7M
Q1 25
$54.1M
$31.4M
Q4 24
$58.0M
$32.0M
Q3 24
$54.0M
$30.4M
Q2 24
$52.4M
$31.0M
Q1 24
$52.4M
$30.3M
Net Profit
INDI
INDI
SAMG
SAMG
Q4 25
$-31.2M
$-120.0K
Q3 25
$-38.3M
$618.0K
Q2 25
$-39.0M
$1.9M
Q1 25
$-34.5M
$2.5M
Q4 24
$-34.4M
$1.6M
Q3 24
$-49.7M
$2.3M
Q2 24
$-19.2M
$2.7M
Q1 24
$-31.2M
$3.0M
Gross Margin
INDI
INDI
SAMG
SAMG
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 24
42.5%
Operating Margin
INDI
INDI
SAMG
SAMG
Q4 25
-58.5%
-2.8%
Q3 25
-71.4%
4.3%
Q2 25
-83.3%
13.2%
Q1 25
-72.0%
15.4%
Q4 24
-58.4%
6.1%
Q3 24
-92.5%
14.6%
Q2 24
-70.0%
17.1%
Q1 24
-94.8%
19.5%
Net Margin
INDI
INDI
SAMG
SAMG
Q4 25
-53.8%
-0.4%
Q3 25
-71.3%
2.0%
Q2 25
-75.6%
6.3%
Q1 25
-63.9%
7.9%
Q4 24
-59.2%
5.1%
Q3 24
-92.1%
7.4%
Q2 24
-36.6%
8.6%
Q1 24
-59.6%
9.9%
EPS (diluted)
INDI
INDI
SAMG
SAMG
Q4 25
$-0.16
$0.02
Q3 25
$-0.19
$0.07
Q2 25
$-0.20
$0.21
Q1 25
$-0.18
$0.26
Q4 24
$-0.18
$0.16
Q3 24
$-0.28
$0.24
Q2 24
$-0.11
$0.28
Q1 24
$-0.19
$0.32

Balance Sheet & Financial Strength

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

Metric
INDI
INDI
SAMG
SAMG
Cash + ST InvestmentsLiquidity on hand
$145.5M
$44.1M
Total DebtLower is stronger
$353.4M
Stockholders' EquityBook value
$358.0M
$50.3M
Total Assets
$840.8M
$166.6M
Debt / EquityLower = less leverage
0.99×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
INDI
INDI
SAMG
SAMG
Q4 25
$145.5M
$44.1M
Q3 25
$160.9M
$36.1M
Q2 25
$192.6M
$30.0M
Q1 25
$236.6M
$36.3M
Q4 24
$274.2M
$68.6M
Q3 24
$96.9M
$58.1M
Q2 24
$112.3M
$49.9M
Q1 24
$138.2M
$39.7M
Total Debt
INDI
INDI
SAMG
SAMG
Q4 25
$353.4M
Q3 25
$353.5M
Q2 25
$352.5M
Q1 25
$379.0M
Q4 24
$381.3M
Q3 24
Q2 24
Q1 24
Stockholders' Equity
INDI
INDI
SAMG
SAMG
Q4 25
$358.0M
$50.3M
Q3 25
$369.2M
$58.9M
Q2 25
$390.4M
$64.6M
Q1 25
$405.6M
$80.0M
Q4 24
$417.9M
$80.7M
Q3 24
$458.6M
$84.6M
Q2 24
$470.7M
$85.3M
Q1 24
$432.9M
$83.9M
Total Assets
INDI
INDI
SAMG
SAMG
Q4 25
$840.8M
$166.6M
Q3 25
$855.1M
$157.6M
Q2 25
$867.6M
$152.7M
Q1 25
$909.0M
$159.9M
Q4 24
$941.4M
$194.4M
Q3 24
$797.5M
$184.2M
Q2 24
$797.3M
$177.6M
Q1 24
$803.6M
$170.2M
Debt / Equity
INDI
INDI
SAMG
SAMG
Q4 25
0.99×
Q3 25
0.96×
Q2 25
0.90×
Q1 25
0.93×
Q4 24
0.91×
Q3 24
Q2 24
Q1 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
SAMG
SAMG
Operating Cash FlowLast quarter
$-14.4M
$18.6M
Free Cash FlowOCF − Capex
$-16.1M
$15.0M
FCF MarginFCF / Revenue
-27.8%
46.9%
Capex IntensityCapex / Revenue
3.0%
11.4%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-71.4M
$17.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
INDI
INDI
SAMG
SAMG
Q4 25
$-14.4M
$18.6M
Q3 25
$-6.2M
$14.6M
Q2 25
$-7.6M
$13.8M
Q1 25
$-29.0M
$-24.7M
Q4 24
$-6.7M
$21.6M
Q3 24
$-22.8M
$13.3M
Q2 24
$-19.7M
$16.0M
Q1 24
$-9.3M
$-24.1M
Free Cash Flow
INDI
INDI
SAMG
SAMG
Q4 25
$-16.1M
$15.0M
Q3 25
$-10.3M
$13.8M
Q2 25
$-13.6M
$13.4M
Q1 25
$-31.4M
$-25.1M
Q4 24
$-8.6M
$19.9M
Q3 24
$-29.3M
$12.9M
Q2 24
$-23.4M
$15.6M
Q1 24
$-11.7M
$-24.7M
FCF Margin
INDI
INDI
SAMG
SAMG
Q4 25
-27.8%
46.9%
Q3 25
-19.2%
44.1%
Q2 25
-26.4%
43.6%
Q1 25
-58.0%
-80.0%
Q4 24
-14.8%
62.2%
Q3 24
-54.3%
42.4%
Q2 24
-44.7%
50.4%
Q1 24
-22.3%
-81.6%
Capex Intensity
INDI
INDI
SAMG
SAMG
Q4 25
3.0%
11.4%
Q3 25
7.8%
2.6%
Q2 25
11.6%
1.5%
Q1 25
4.4%
1.3%
Q4 24
3.2%
5.3%
Q3 24
12.1%
1.2%
Q2 24
7.0%
1.1%
Q1 24
4.4%
2.0%
Cash Conversion
INDI
INDI
SAMG
SAMG
Q4 25
Q3 25
23.62×
Q2 25
7.22×
Q1 25
-10.01×
Q4 24
13.34×
Q3 24
5.90×
Q2 24
6.00×
Q1 24
-8.03×

Financial Flow Comparison

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

Revenue Breakdown by Segment

INDI
INDI

Products$55.7M96%
Services$2.3M4%

SAMG
SAMG

Investment Advisory Management And Administrative Service$30.7M96%
Tax And Family Office Services$1.2M4%

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