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Side-by-side financial comparison of indie Semiconductor, Inc. (INDI) and VINCE HOLDING CORP. (VNCE). Click either name above to swap in a different company.
VINCE HOLDING CORP. is the larger business by last-quarter revenue ($85.1M vs $55.5M, roughly 1.5× indie Semiconductor, Inc.). On growth, VINCE HOLDING CORP. posted the faster year-over-year revenue change (6.2% vs 2.6%). Over the past eight quarters, VINCE HOLDING CORP.'s revenue compounded faster (6.3% 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.
VINCE. is a contemporary clothing fashion brand founded in 2002. In 2023 Authentic Brands Group purchased its intellectual property in a $76.5 million deal.
INDI vs VNCE — Head-to-Head
Income Statement — Q1 FY2026 vs Q3 FY2026
| Metric | | |
|---|---|---|
| Revenue | $55.5M | $85.1M |
| Net Profit | — | $2.7M |
| Gross Margin | 38.0% | 49.2% |
| Operating Margin | -70.1% | 6.4% |
| Net Margin | — | 3.2% |
| Revenue YoY | 2.6% | 6.2% |
| Net Profit YoY | — | -37.3% |
| EPS (diluted) | — | $0.21 |
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 | $85.1M | ||
| Q3 25 | $53.7M | $73.2M | ||
| Q2 25 | $51.6M | $57.9M | ||
| Q1 25 | $54.1M | $80.0M | ||
| Q4 24 | $58.0M | $80.2M | ||
| Q3 24 | $54.0M | $74.2M | ||
| Q2 24 | $52.4M | $59.2M |
| Q1 26 | — | — | ||
| Q4 25 | $-31.2M | $2.7M | ||
| Q3 25 | $-38.3M | $12.1M | ||
| Q2 25 | $-39.0M | $-4.8M | ||
| Q1 25 | $-34.5M | $-28.3M | ||
| Q4 24 | $-34.4M | $4.3M | ||
| Q3 24 | $-49.7M | $569.0K | ||
| Q2 24 | $-19.2M | $4.4M |
| Q1 26 | 38.0% | — | ||
| Q4 25 | 37.3% | 49.2% | ||
| Q3 25 | 40.1% | 50.4% | ||
| Q2 25 | 40.6% | 50.3% | ||
| Q1 25 | 41.7% | 50.1% | ||
| Q4 24 | 42.6% | 50.0% | ||
| Q3 24 | 39.3% | 47.4% | ||
| Q2 24 | 42.2% | 50.6% |
| Q1 26 | -70.1% | — | ||
| Q4 25 | -58.5% | 6.4% | ||
| Q3 25 | -71.4% | 15.2% | ||
| Q2 25 | -83.3% | -7.7% | ||
| Q1 25 | -72.0% | -37.1% | ||
| Q4 24 | -58.4% | 7.2% | ||
| Q3 24 | -92.5% | 1.5% | ||
| Q2 24 | -70.0% | 9.5% |
| Q1 26 | — | — | ||
| Q4 25 | -53.8% | 3.2% | ||
| Q3 25 | -71.3% | 16.5% | ||
| Q2 25 | -75.6% | -8.3% | ||
| Q1 25 | -63.9% | -35.5% | ||
| Q4 24 | -59.2% | 5.4% | ||
| Q3 24 | -92.1% | 0.8% | ||
| Q2 24 | -36.6% | 7.4% |
| Q1 26 | — | — | ||
| Q4 25 | $-0.16 | $0.21 | ||
| Q3 25 | $-0.19 | $0.93 | ||
| Q2 25 | $-0.20 | $-0.37 | ||
| Q1 25 | $-0.18 | $-2.25 | ||
| Q4 24 | $-0.18 | $0.34 | ||
| Q3 24 | $-0.28 | $0.05 | ||
| Q2 24 | $-0.11 | $0.35 |
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 | $1.1M |
| Total DebtLower is stronger | $402.8M | — |
| Stockholders' EquityBook value | $348.9M | $53.4M |
| Total Assets | $869.6M | $246.0M |
| Debt / EquityLower = less leverage | 1.15× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $174.4M | — | ||
| Q4 25 | $145.5M | $1.1M | ||
| Q3 25 | $160.9M | $777.0K | ||
| Q2 25 | $192.6M | $2.6M | ||
| Q1 25 | $236.6M | $607.0K | ||
| Q4 24 | $274.2M | $892.0K | ||
| Q3 24 | $96.9M | $711.0K | ||
| Q2 24 | $112.3M | $739.0K |
| 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 | — | — |
| Q1 26 | $348.9M | — | ||
| Q4 25 | $358.0M | $53.4M | ||
| Q3 25 | $369.2M | $49.3M | ||
| Q2 25 | $390.4M | $37.2M | ||
| Q1 25 | $405.6M | $41.8M | ||
| Q4 24 | $417.9M | $57.1M | ||
| Q3 24 | $458.6M | $52.4M | ||
| Q2 24 | $470.7M | $51.7M |
| Q1 26 | $869.6M | — | ||
| Q4 25 | $840.8M | $246.0M | ||
| Q3 25 | $855.1M | $239.0M | ||
| Q2 25 | $867.6M | $218.0M | ||
| Q1 25 | $909.0M | $222.7M | ||
| Q4 24 | $941.4M | $254.7M | ||
| Q3 24 | $797.5M | $253.6M | ||
| Q2 24 | $797.3M | $223.1M |
| 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 | | |
|---|---|---|
| Operating Cash FlowLast quarter | — | $-5.1M |
| Free Cash FlowOCF − Capex | — | $-5.7M |
| FCF MarginFCF / Revenue | — | -6.7% |
| Capex IntensityCapex / Revenue | — | 0.7% |
| Cash ConversionOCF / Net Profit | — | -1.86× |
| TTM Free Cash FlowTrailing 4 quarters | — | $4.3M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $-14.4M | $-5.1M | ||
| Q3 25 | $-6.2M | $4.2M | ||
| Q2 25 | $-7.6M | $-11.8M | ||
| Q1 25 | $-29.0M | $22.7M | ||
| Q4 24 | $-6.7M | $6.4M | ||
| Q3 24 | $-22.8M | $-3.2M | ||
| Q2 24 | $-19.7M | $-3.9M |
| Q1 26 | — | — | ||
| Q4 25 | $-16.1M | $-5.7M | ||
| Q3 25 | $-10.3M | $2.1M | ||
| Q2 25 | $-13.6M | $-13.2M | ||
| Q1 25 | $-31.4M | $21.2M | ||
| Q4 24 | $-8.6M | $5.1M | ||
| Q3 24 | $-29.3M | $-3.9M | ||
| Q2 24 | $-23.4M | $-4.6M |
| Q1 26 | — | — | ||
| Q4 25 | -27.8% | -6.7% | ||
| Q3 25 | -19.2% | 2.9% | ||
| Q2 25 | -26.4% | -22.9% | ||
| Q1 25 | -58.0% | 26.5% | ||
| Q4 24 | -14.8% | 6.4% | ||
| Q3 24 | -54.3% | -5.2% | ||
| Q2 24 | -44.7% | -7.8% |
| Q1 26 | — | — | ||
| Q4 25 | 3.0% | 0.7% | ||
| Q3 25 | 7.8% | 2.9% | ||
| Q2 25 | 11.6% | 2.5% | ||
| Q1 25 | 4.4% | 1.9% | ||
| Q4 24 | 3.2% | 1.6% | ||
| Q3 24 | 12.1% | 0.9% | ||
| Q2 24 | 7.0% | 1.3% |
| Q1 26 | — | — | ||
| Q4 25 | — | -1.86× | ||
| Q3 25 | — | 0.35× | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 1.48× | ||
| Q3 24 | — | -5.61× | ||
| Q2 24 | — | -0.89× |
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% |
VNCE
| Vince Wholesale | $52.0M | 61% |
| Vince Direct To Consumer | $33.1M | 39% |
