diff --git a/benchmark/index.sh b/benchmark/index.sh
index d108ba55..448e21f1 100755
--- a/benchmark/index.sh
+++ b/benchmark/index.sh
@@ -103,8 +103,9 @@ do
   generate_schema "schema-$index"
   index=$((index + 1))
 done
-echo "Reindexing outside measurements..." >&2
-"$INDEX" --skip-banner "$TMP/one.json" "$TMP/output" > /dev/null 2>&1
+echo "Measuring: index 100 schemas..." >&2
+RESULT_INDEX_100="$(measure)"
+echo "  Result: ${RESULT_INDEX_100}ms" >&2
 
 # Measure adding one schema (with a $ref) to a 100-schema registry
 echo "Measuring: add one schema (100 existing)..." >&2
@@ -131,8 +132,9 @@ do
   generate_schema "schema-$index"
   index=$((index + 1))
 done
-echo "Reindexing outside measurements..." >&2
-"$INDEX" --skip-banner "$TMP/one.json" "$TMP/output" > /dev/null 2>&1
+echo "Measuring: index 1000 schemas..." >&2
+RESULT_INDEX_1000="$(measure)"
+echo "  Result: ${RESULT_INDEX_1000}ms" >&2
 
 # Measure adding one schema (with a $ref) to a 1000-schema registry
 echo "Measuring: add one schema (1000 existing)..." >&2
@@ -159,8 +161,9 @@ do
   generate_schema "schema-$index"
   index=$((index + 1))
 done
-echo "Reindexing outside measurements..." >&2
-"$INDEX" --skip-banner "$TMP/one.json" "$TMP/output" > /dev/null 2>&1
+echo "Measuring: index 10000 schemas..." >&2
+RESULT_INDEX_10000="$(measure)"
+echo "  Result: ${RESULT_INDEX_10000}ms" >&2
 
 # Measure adding one schema (with a $ref) to a 10000-schema registry
 echo "Measuring: add one schema (10000 existing)..." >&2
@@ -240,6 +243,21 @@ cat << EOF
     "name": "Cached rebuild (10001 existing)",
     "unit": "ms",
     "value": $RESULT_CACHED_10001
+  },
+  {
+    "name": "Index 100 schemas",
+    "unit": "ms",
+    "value": $RESULT_INDEX_100
+  },
+  {
+    "name": "Index 1000 schemas",
+    "unit": "ms",
+    "value": $RESULT_INDEX_1000
+  },
+  {
+    "name": "Index 10000 schemas",
+    "unit": "ms",
+    "value": $RESULT_INDEX_10000
   }
 ]
 EOF
diff --git a/src/index/index.cc b/src/index/index.cc
index 124aee50..5bd0fbbe 100644
--- a/src/index/index.cc
+++ b/src/index/index.cc
@@ -392,17 +392,19 @@ static auto index_main(const std::string_view &program,
       sourcemeta::one::BuildPhase::Produce, build_type, entries,
       canonical_output, resolver.data(), this_version, incremental, comment,
       changed, removed)};
+  PROFILE_END(profiling, "Producing (Delta)");
   execute_plan(mutex, entries, canonical_output, resolver, configuration,
                raw_configuration, concurrency, produce_plan, "Producing");
-  PROFILE_END(profiling, "Producing");
+  PROFILE_END(profiling, "Producing (Build)");
 
   auto combine_plan{sourcemeta::one::delta(
       sourcemeta::one::BuildPhase::Combine, build_type, entries,
       canonical_output, resolver.data(), this_version, incremental, comment,
       changed, removed)};
+  PROFILE_END(profiling, "Combining (Delta)");
   execute_plan(mutex, entries, canonical_output, resolver, configuration,
                raw_configuration, concurrency, combine_plan, "Combining");
-  PROFILE_END(profiling, "Combining");
+  PROFILE_END(profiling, "Combining (Build)");
 
   /////////////////////////////////////////////////////////////////////////////
   // (8) Save state and profile