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Side-by-side financial comparison of American Assets Trust, Inc. (AAT) and Purple Innovation, Inc. (PRPL). Click either name above to swap in a different company.
Purple Innovation, Inc. is the larger business by last-quarter revenue ($140.7M vs $110.6M, roughly 1.3× American Assets Trust, Inc.). American Assets Trust, Inc. runs the higher net margin — 6.1% vs -2.3%, a 8.4% gap on every dollar of revenue. On growth, Purple Innovation, Inc. posted the faster year-over-year revenue change (9.1% vs 1.8%). Over the past eight quarters, Purple Innovation, Inc.'s revenue compounded faster (8.3% CAGR vs -0.1%).
Personal Assets Trust is a large British investment trust. The company is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index. The chairman is Iain Ferguson CBE.
Purple Carrot is a Needham, Massachusetts-based, and 100% plant-based meal kit company. Founded by Andy Levitt, it offers both prepared meals as well as meal kits to subscribers weekly. As stated in a 2022 article in Cosmopolitan, “each Purple Carrot meal kit results in 72% less carbon being released into the atmosphere as compared to the standard American meal.”
AAT vs PRPL — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $110.6M | $140.7M |
| Net Profit | $6.7M | $-3.2M |
| Gross Margin | — | 41.9% |
| Operating Margin | 23.4% | -1.6% |
| Net Margin | 6.1% | -2.3% |
| Revenue YoY | 1.8% | 9.1% |
| Net Profit YoY | -16.3% | 62.1% |
| EPS (diluted) | $0.08 | $0.03 |
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 | $110.6M | — | ||
| Q4 25 | $110.1M | $140.7M | ||
| Q3 25 | $109.6M | $118.8M | ||
| Q2 25 | $107.9M | $105.1M | ||
| Q1 25 | $108.6M | $104.2M | ||
| Q4 24 | $113.5M | $129.0M | ||
| Q3 24 | $122.8M | $118.6M | ||
| Q2 24 | $110.9M | $120.3M |
| Q1 26 | $6.7M | — | ||
| Q4 25 | — | $-3.2M | ||
| Q3 25 | $4.5M | $-11.7M | ||
| Q2 25 | $5.5M | $-17.3M | ||
| Q1 25 | $42.5M | $-19.1M | ||
| Q4 24 | — | $-8.5M | ||
| Q3 24 | $16.7M | $-39.2M | ||
| Q2 24 | $11.9M | $27.0K |
| Q1 26 | — | — | ||
| Q4 25 | 59.4% | 41.9% | ||
| Q3 25 | 60.5% | 42.8% | ||
| Q2 25 | 62.6% | 35.9% | ||
| Q1 25 | 62.0% | 39.4% | ||
| Q4 24 | 61.3% | 42.9% | ||
| Q3 24 | 65.5% | 29.7% | ||
| Q2 24 | 63.6% | 40.7% |
| Q1 26 | 23.4% | — | ||
| Q4 25 | 21.1% | -1.6% | ||
| Q3 25 | 22.6% | -10.2% | ||
| Q2 25 | 24.1% | -13.5% | ||
| Q1 25 | 66.3% | -13.9% | ||
| Q4 24 | 26.5% | -6.0% | ||
| Q3 24 | 30.8% | -39.5% | ||
| Q2 24 | 27.8% | -12.1% |
| Q1 26 | 6.1% | — | ||
| Q4 25 | — | -2.3% | ||
| Q3 25 | 4.1% | -9.9% | ||
| Q2 25 | 5.1% | -16.5% | ||
| Q1 25 | 39.2% | -18.4% | ||
| Q4 24 | — | -6.6% | ||
| Q3 24 | 13.6% | -33.1% | ||
| Q2 24 | 10.7% | 0.0% |
| Q1 26 | $0.08 | — | ||
| Q4 25 | $0.06 | $0.03 | ||
| Q3 25 | $0.07 | $0.11 | ||
| Q2 25 | $0.09 | $0.16 | ||
| Q1 25 | $0.70 | $0.18 | ||
| Q4 24 | $0.14 | $0.08 | ||
| Q3 24 | $0.28 | $0.36 | ||
| Q2 24 | $0.20 | $0.00 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $118.3M | $24.3M |
| Total DebtLower is stronger | — | $126.7M |
| Stockholders' EquityBook value | $1.1B | $-29.7M |
| Total Assets | $2.9B | $296.3M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $118.3M | — | ||
| Q4 25 | $129.4M | $24.3M | ||
| Q3 25 | $138.7M | $32.4M | ||
| Q2 25 | $143.7M | $34.2M | ||
| Q1 25 | $143.9M | $21.6M | ||
| Q4 24 | $425.7M | $29.0M | ||
| Q3 24 | $533.0M | $23.4M | ||
| Q2 24 | $114.9M | $23.4M |
| Q1 26 | — | — | ||
| Q4 25 | $1.7B | $126.7M | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $2.0B | $70.7M | ||
| Q3 24 | — | $50.8M | ||
| Q2 24 | — | — |
| Q1 26 | $1.1B | — | ||
| Q4 25 | $1.2B | $-29.7M | ||
| Q3 25 | $1.2B | $-26.9M | ||
| Q2 25 | $1.2B | $-15.6M | ||
| Q1 25 | $1.2B | $1.3M | ||
| Q4 24 | $1.2B | $20.2M | ||
| Q3 24 | $1.2B | $28.0M | ||
| Q2 24 | $1.2B | $66.4M |
| Q1 26 | $2.9B | — | ||
| Q4 25 | $2.9B | $296.3M | ||
| Q3 25 | $2.9B | $302.1M | ||
| Q2 25 | $3.0B | $303.8M | ||
| Q1 25 | $3.0B | $293.8M | ||
| Q4 24 | $3.3B | $307.8M | ||
| Q3 24 | $3.4B | $309.3M | ||
| Q2 24 | $3.0B | $362.1M |
| Q1 26 | — | — | ||
| Q4 25 | 1.48× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 1.72× | 3.50× | ||
| Q3 24 | — | 1.82× | ||
| 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 | — | $-5.8M |
| Free Cash FlowOCF − Capex | — | $-7.8M |
| FCF MarginFCF / Revenue | — | -5.5% |
| Capex IntensityCapex / Revenue | 14.5% | 1.4% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $-41.9M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $167.1M | $-5.8M | ||
| Q3 25 | $40.5M | $-968.0K | ||
| Q2 25 | $49.2M | $-4.0M | ||
| Q1 25 | $36.9M | $-23.1M | ||
| Q4 24 | $207.1M | $6.8M | ||
| Q3 24 | $52.4M | $1.1M | ||
| Q2 24 | $59.3M | $-8.9M |
| Q1 26 | — | — | ||
| Q4 25 | $94.9M | $-7.8M | ||
| Q3 25 | $23.1M | $-1.8M | ||
| Q2 25 | $28.4M | $-7.0M | ||
| Q1 25 | $20.4M | $-25.3M | ||
| Q4 24 | $136.9M | $5.7M | ||
| Q3 24 | $28.0M | $101.0K | ||
| Q2 24 | $43.6M | $-11.0M |
| Q1 26 | — | — | ||
| Q4 25 | 86.2% | -5.5% | ||
| Q3 25 | 21.1% | -1.5% | ||
| Q2 25 | 26.3% | -6.6% | ||
| Q1 25 | 18.8% | -24.3% | ||
| Q4 24 | 120.7% | 4.4% | ||
| Q3 24 | 22.8% | 0.1% | ||
| Q2 24 | 39.3% | -9.2% |
| Q1 26 | 14.5% | — | ||
| Q4 25 | 65.6% | 1.4% | ||
| Q3 25 | 15.9% | 0.7% | ||
| Q2 25 | 19.3% | 2.8% | ||
| Q1 25 | 15.1% | 2.2% | ||
| Q4 24 | 61.9% | 0.8% | ||
| Q3 24 | 19.9% | 0.9% | ||
| Q2 24 | 14.1% | 1.7% |
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | 8.98× | — | ||
| Q2 25 | 9.01× | — | ||
| Q1 25 | 0.87× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 3.15× | — | ||
| Q2 24 | 4.98× | -330.22× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
AAT
| Rental income | $104.4M | 94% |
| Other | $6.2M | 6% |
PRPL
| Cost Of Revenues | $81.7M | 58% |
| Other | $59.0M | 42% |
