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Side-by-side financial comparison of indie Semiconductor, Inc. (INDI) and VIEMED HEALTHCARE, INC. (VMD). Click either name above to swap in a different company.
VIEMED HEALTHCARE, INC. is the larger business by last-quarter revenue ($76.2M vs $58.0M, roughly 1.3× indie Semiconductor, Inc.). VIEMED HEALTHCARE, INC. runs the higher net margin — 7.4% vs -53.8%, a 61.2% gap on every dollar of revenue. On growth, VIEMED HEALTHCARE, INC. posted the faster year-over-year revenue change (25.5% vs -0.0%). VIEMED HEALTHCARE, INC. produced more free cash flow last quarter ($9.7M vs $-16.1M). Over the past eight quarters, VIEMED HEALTHCARE, INC.'s revenue compounded faster (22.7% CAGR vs 5.3%).
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.
Viemed Healthcare, Inc. is a medical technology firm specializing in respiratory care solutions. It develops, manufactures and distributes portable ventilators, respiratory therapy devices and related support services, catering to acute care, post-acute care and home care segments across North America, Europe and key Asia-Pacific markets for patients with respiratory conditions.
INDI vs VMD — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $58.0M | $76.2M |
| Net Profit | $-31.2M | $5.6M |
| Gross Margin | 37.3% | 57.9% |
| Operating Margin | -58.5% | 11.0% |
| Net Margin | -53.8% | 7.4% |
| Revenue YoY | -0.0% | 25.5% |
| Net Profit YoY | 9.1% | 30.7% |
| EPS (diluted) | $-0.16 | $0.14 |
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.
| Q4 25 | $58.0M | $76.2M | ||
| Q3 25 | $53.7M | $71.9M | ||
| Q2 25 | $51.6M | $63.1M | ||
| Q1 25 | $54.1M | $59.1M | ||
| Q4 24 | $58.0M | $60.7M | ||
| Q3 24 | $54.0M | $58.0M | ||
| Q2 24 | $52.4M | $55.0M | ||
| Q1 24 | $52.4M | $50.6M |
| Q4 25 | $-31.2M | $5.6M | ||
| Q3 25 | $-38.3M | $3.5M | ||
| Q2 25 | $-39.0M | $3.2M | ||
| Q1 25 | $-34.5M | $2.6M | ||
| Q4 24 | $-34.4M | $4.3M | ||
| Q3 24 | $-49.7M | $3.9M | ||
| Q2 24 | $-19.2M | $1.5M | ||
| Q1 24 | $-31.2M | $1.6M |
| Q4 25 | 37.3% | 57.9% | ||
| Q3 25 | 40.1% | 57.5% | ||
| Q2 25 | 40.6% | 58.3% | ||
| Q1 25 | 41.7% | 56.3% | ||
| Q4 24 | 42.6% | 59.5% | ||
| Q3 24 | 39.3% | 59.3% | ||
| Q2 24 | 42.2% | 59.8% | ||
| Q1 24 | 42.5% | 58.9% |
| Q4 25 | -58.5% | 11.0% | ||
| Q3 25 | -71.4% | 7.8% | ||
| Q2 25 | -83.3% | 8.1% | ||
| Q1 25 | -72.0% | 6.5% | ||
| Q4 24 | -58.4% | 10.6% | ||
| Q3 24 | -92.5% | 9.7% | ||
| Q2 24 | -70.0% | 6.6% | ||
| Q1 24 | -94.8% | 4.4% |
| Q4 25 | -53.8% | 7.4% | ||
| Q3 25 | -71.3% | 4.9% | ||
| Q2 25 | -75.6% | 5.0% | ||
| Q1 25 | -63.9% | 4.4% | ||
| Q4 24 | -59.2% | 7.1% | ||
| Q3 24 | -92.1% | 6.7% | ||
| Q2 24 | -36.6% | 2.7% | ||
| Q1 24 | -59.6% | 3.2% |
| Q4 25 | $-0.16 | $0.14 | ||
| Q3 25 | $-0.19 | $0.09 | ||
| Q2 25 | $-0.20 | $0.08 | ||
| Q1 25 | $-0.18 | $0.06 | ||
| Q4 24 | $-0.18 | $0.10 | ||
| Q3 24 | $-0.28 | $0.10 | ||
| Q2 24 | $-0.11 | $0.04 | ||
| Q1 24 | $-0.19 | $0.04 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $145.5M | $13.5M |
| Total DebtLower is stronger | $353.4M | — |
| Stockholders' EquityBook value | $358.0M | $141.5M |
| Total Assets | $840.8M | $199.2M |
| Debt / EquityLower = less leverage | 0.99× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $145.5M | $13.5M | ||
| Q3 25 | $160.9M | $11.1M | ||
| Q2 25 | $192.6M | $20.0M | ||
| Q1 25 | $236.6M | $10.2M | ||
| Q4 24 | $274.2M | $17.5M | ||
| Q3 24 | $96.9M | $11.3M | ||
| Q2 24 | $112.3M | $8.8M | ||
| Q1 24 | $138.2M | $7.3M |
| 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 | — | — |
| Q4 25 | $358.0M | $141.5M | ||
| Q3 25 | $369.2M | $133.6M | ||
| Q2 25 | $390.4M | $139.7M | ||
| Q1 25 | $405.6M | $134.8M | ||
| Q4 24 | $417.9M | $131.4M | ||
| Q3 24 | $458.6M | $125.0M | ||
| Q2 24 | $470.7M | $119.4M | ||
| Q1 24 | $432.9M | $116.3M |
| Q4 25 | $840.8M | $199.2M | ||
| Q3 25 | $855.1M | $202.4M | ||
| Q2 25 | $867.6M | $184.6M | ||
| Q1 25 | $909.0M | $178.1M | ||
| Q4 24 | $941.4M | $177.1M | ||
| Q3 24 | $797.5M | $169.5M | ||
| Q2 24 | $797.3M | $163.9M | ||
| Q1 24 | $803.6M | $154.9M |
| 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 | | |
|---|---|---|
| Operating Cash FlowLast quarter | $-14.4M | $18.4M |
| Free Cash FlowOCF − Capex | $-16.1M | $9.7M |
| FCF MarginFCF / Revenue | -27.8% | 12.7% |
| Capex IntensityCapex / Revenue | 3.0% | 11.5% |
| Cash ConversionOCF / Net Profit | — | 3.27× |
| TTM Free Cash FlowTrailing 4 quarters | $-71.4M | $11.9M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-14.4M | $18.4M | ||
| Q3 25 | $-6.2M | $18.4M | ||
| Q2 25 | $-7.6M | $12.3M | ||
| Q1 25 | $-29.0M | $2.9M | ||
| Q4 24 | $-6.7M | $15.0M | ||
| Q3 24 | $-22.8M | $12.7M | ||
| Q2 24 | $-19.7M | $10.2M | ||
| Q1 24 | $-9.3M | $1.2M |
| Q4 25 | $-16.1M | $9.7M | ||
| Q3 25 | $-10.3M | $10.7M | ||
| Q2 25 | $-13.6M | $4.1M | ||
| Q1 25 | $-31.4M | $-12.6M | ||
| Q4 24 | $-8.6M | $3.2M | ||
| Q3 24 | $-29.3M | $1.7M | ||
| Q2 24 | $-23.4M | $1.2M | ||
| Q1 24 | $-11.7M | $-4.8M |
| Q4 25 | -27.8% | 12.7% | ||
| Q3 25 | -19.2% | 14.9% | ||
| Q2 25 | -26.4% | 6.5% | ||
| Q1 25 | -58.0% | -21.4% | ||
| Q4 24 | -14.8% | 5.2% | ||
| Q3 24 | -54.3% | 3.0% | ||
| Q2 24 | -44.7% | 2.3% | ||
| Q1 24 | -22.3% | -9.5% |
| Q4 25 | 3.0% | 11.5% | ||
| Q3 25 | 7.8% | 10.6% | ||
| Q2 25 | 11.6% | 12.9% | ||
| Q1 25 | 4.4% | 26.2% | ||
| Q4 24 | 3.2% | 19.5% | ||
| Q3 24 | 12.1% | 19.0% | ||
| Q2 24 | 7.0% | 16.3% | ||
| Q1 24 | 4.4% | 11.9% |
| Q4 25 | — | 3.27× | ||
| Q3 25 | — | 5.23× | ||
| Q2 25 | — | 3.88× | ||
| Q1 25 | — | 1.09× | ||
| Q4 24 | — | 3.47× | ||
| Q3 24 | — | 3.29× | ||
| Q2 24 | — | 6.94× | ||
| Q1 24 | — | 0.73× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
INDI
| Products | $55.7M | 96% |
| Services | $2.3M | 4% |
VMD
Segment breakdown not available.
