indie Semiconductor, Inc. (INDI) vs LightPath Technologies, Inc. (LPTH)
A side-by-side comparison of indie Semiconductor, Inc. and LightPath Technologies, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of October 6, 2026. Differences are shown without an overall score or investment verdict.
INDI
indie Semiconductor, Inc.
$2.94TechnologyDelayed quote: Oct 6, 2026, 10:05 AM EDT
LPTH
LightPath Technologies, Inc.
$11.15TechnologyDelayed quote: Oct 6, 2026, 10:05 AM EDT
Total return — INDI vs LPTH
growth of $100 · dividends reinvested · last 7yINDI -70.3% (-15.9%/yr)LPTH +1202.4% (+44.3%/yr)LPTH compounded faster over this window
Log scale — wide-divergence pair
INDI LPTH
INDI vs LPTH: by the numbers
- •LPTH is the larger company ($700M vs $620M market cap).
- •Both run net losses; LPTH's is the smaller (-28.65% vs -65.18% net margin).
- •INDI grew revenue faster over the past five years (48.95% vs 13.27% CAGR).
Metrics side by side
Valuation
| Metric | INDI | LPTH |
|---|---|---|
| P/S ratio | 2.68 | 9.76 |
| P/B ratio | 2.10 | 4.68 |
Profitability
| Metric | INDI | LPTH |
|---|---|---|
| Gross margin | 40.28% | 35.98% |
| Operating margin | -62.69% | -1.64% |
| Net margin | -65.18% | -28.65% |
| ROE | -51.13% | -12.97% |
| ROIC | -18.86% | -0.70% |
Growth (annualized)
| Metric | INDI | LPTH |
|---|---|---|
| Revenue CAGR (5Y) | 48.95% | 13.27% |
| Total return CAGR (5Y) | -24.23% | 38.78% |
Frequently asked
- Which has grown faster, INDI or LPTH?
- Over the past five years, INDI grew revenue faster — INDI at a 48.95% CAGR versus LPTH at 13.27%.
- How have INDI and LPTH total returns compared?
- Over the past 5 years, INDI delivered -24.23% and LPTH delivered 38.78% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
indie Semiconductor ROELightPath Technologies ROEindie Semiconductor operating marginLightPath Technologies operating marginindie Semiconductor revenue growthLightPath Technologies revenue growthindie Semiconductor free cash flowLightPath Technologies free cash flow
indie Semiconductor & LightPath Technologies appear in these rankings
Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified October 6, 2026.