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indie Semiconductor vs Magnachip Semiconductor: INDI and MX compared
indie Semiconductor is the larger company: $70.2M of revenue in its latest quarter (Q3 2026) against $44.0M for Magnachip Semiconductor (Q3 2026). indie Semiconductor is growing faster (+31% against -4% a year earlier). Magnachip Semiconductor is more profitable, with an operating margin of -29.3% against -55.5%.
Where the money goes: INDI and MX
indie Semiconductor (INDI) · Q3 2026
indie Semiconductor, Q3 2026: revenue $70.2M (+31% year over year), operating margin -55.5%, net loss $39.9M, operating cash flow −$22.4M. The chart follows the revenue to costs, profit and cash.
Magnachip Semiconductor (MX) · Q3 2026
Magnachip Semiconductor, Q3 2026: revenue $44.0M (-4% year over year), operating margin -29.3%, net loss $22.0M, operating cash flow −$21.1M. The chart follows the revenue to costs, profit and cash.
| indie Semiconductor (INDI) | Magnachip Semiconductor (MX) | |
|---|---|---|
| Latest quarter | Q3 2026 | Q3 2026 |
| Revenue | $70.2M | $44.0M |
| Revenue growth, Y/Y | +31% | -4% |
| Operating margin | -55.5% | -29.3% |
| Net earnings | −$39.9M | −$22.0M |
| Net margin | -56.8% | -50.0% |
| Operating cash flow | −$22.4M | −$21.1M |
Where the revenue comes from
indie Semiconductor
- Product: $67.5M (96%)
- Service: $2.8M (4%)
Questions
Which is bigger, indie Semiconductor or Magnachip Semiconductor?
indie Semiconductor is the larger company: $70.2M of revenue in its latest quarter (Q3 2026) against $44.0M for Magnachip Semiconductor (Q3 2026).
Is indie Semiconductor or Magnachip Semiconductor growing faster?
indie Semiconductor is growing faster (+31% against -4% a year earlier).
Which is more profitable, indie Semiconductor or Magnachip Semiconductor?
Magnachip Semiconductor is more profitable, with an operating margin of -29.3% against -55.5%.
More: indie Semiconductor earnings · how indie Semiconductor makes money · Magnachip Semiconductor earnings · how Magnachip Semiconductor makes money
From the companies' latest 10-Q, 10-K or earnings release (10-Q filed Nov 6, 2026; 10-Q filed Nov 5, 2026). Fiscal quarters can end on different dates. Not investment advice.