Ambarella vs Indie Semiconductor
Ambarella is the larger business, with $391m of revenue in fiscal 2026 against $217m for Indie Semiconductor (1.8 times as much). Ambarella grew faster (37.2% against 0.3%). Ambarella kept more of each dollar of sales as profit: a net margin of -19.4% against -65.8%.
| Latest fiscal year | AmbarellaAMBA, 2026 | Indie SemiconductorINDI, 2025 |
|---|---|---|
| Revenue | $391m | $217m |
| Revenue growth | 37.2% | 0.3% |
| Net income | −$75.9m | −$143m |
| Operating margin | -21.1% | -70.9% |
| Net margin | -19.4% | -65.8% |
| Return on equity | -13.1% | -36.9% |
| Free cash flow | $58.0m | −$71.4m |
| Cash | $191m | $145m |
| Total debt | — | $362m |
| Debt to equity | — | 101.2% |
| Dividend per share | — | — |
| Dividend yield | — | — |
| Share buybacks | $1.0m | — |
| Employees | 959 | 800 |
| Market value | $2.75bn | $316m |
| Price vs our value range | — | — |
| Moat score | 65 (Moderate) | 30 (Weak) |
| Insider trades, 12 months | 0 buys, 44 sales | 0 buys, 104 sales |