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Side-by-side financial comparison of ACV Auctions Inc. (ACVA) and Purple Innovation, Inc. (PRPL). Click either name above to swap in a different company.
ACV Auctions Inc. is the larger business by last-quarter revenue ($183.6M vs $140.7M, roughly 1.3× Purple Innovation, Inc.). On growth, ACV Auctions Inc. posted the faster year-over-year revenue change (15.1% vs 9.1%). Purple Innovation, Inc. produced more free cash flow last quarter ($-7.8M vs $-14.7M). Over the past eight quarters, ACV Auctions Inc.'s revenue compounded faster (12.3% CAGR vs 8.3%).
ACV Auctions Inc.ACVAEarnings & Financial Report
ACV Auctions Inc. operates a leading digital wholesale vehicle auction platform serving automotive dealers across the U.S. and Canada. It offers end-to-end services including transparent vehicle inspections, secure payment processing, and logistics support, enabling efficient trading of used vehicles between registered wholesale buyers and sellers.
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.”
ACVA vs PRPL — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $183.6M | $140.7M |
| Net Profit | — | $-3.2M |
| Gross Margin | — | 41.9% |
| Operating Margin | -9.7% | -1.6% |
| Net Margin | — | -2.3% |
| Revenue YoY | 15.1% | 9.1% |
| Net Profit YoY | — | 62.1% |
| EPS (diluted) | $-0.12 | $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.
| Q4 25 | $183.6M | $140.7M | ||
| Q3 25 | $199.6M | $118.8M | ||
| Q2 25 | $193.7M | $105.1M | ||
| Q1 25 | $182.7M | $104.2M | ||
| Q4 24 | $159.5M | $129.0M | ||
| Q3 24 | $171.3M | $118.6M | ||
| Q2 24 | $160.6M | $120.3M | ||
| Q1 24 | $145.7M | $120.0M |
| Q4 25 | — | $-3.2M | ||
| Q3 25 | $-24.5M | $-11.7M | ||
| Q2 25 | $-7.3M | $-17.3M | ||
| Q1 25 | $-14.8M | $-19.1M | ||
| Q4 24 | — | $-8.5M | ||
| Q3 24 | $-16.0M | $-39.2M | ||
| Q2 24 | $-17.1M | $27.0K | ||
| Q1 24 | $-20.5M | $-50.2M |
| Q4 25 | — | 41.9% | ||
| Q3 25 | — | 42.8% | ||
| Q2 25 | — | 35.9% | ||
| Q1 25 | — | 39.4% | ||
| Q4 24 | — | 42.9% | ||
| Q3 24 | — | 29.7% | ||
| Q2 24 | — | 40.7% | ||
| Q1 24 | — | 34.8% |
| Q4 25 | -9.7% | -1.6% | ||
| Q3 25 | -11.9% | -10.2% | ||
| Q2 25 | -3.7% | -13.5% | ||
| Q1 25 | -7.9% | -13.9% | ||
| Q4 24 | -16.2% | -6.0% | ||
| Q3 24 | -10.0% | -39.5% | ||
| Q2 24 | -11.6% | -12.1% | ||
| Q1 24 | -15.5% | -19.3% |
| Q4 25 | — | -2.3% | ||
| Q3 25 | -12.3% | -9.9% | ||
| Q2 25 | -3.8% | -16.5% | ||
| Q1 25 | -8.1% | -18.4% | ||
| Q4 24 | — | -6.6% | ||
| Q3 24 | -9.4% | -33.1% | ||
| Q2 24 | -10.6% | 0.0% | ||
| Q1 24 | -14.1% | -41.8% |
| Q4 25 | $-0.12 | $0.03 | ||
| Q3 25 | $-0.14 | $0.11 | ||
| Q2 25 | $-0.04 | $0.16 | ||
| Q1 25 | $-0.09 | $0.18 | ||
| Q4 24 | $-0.15 | $0.08 | ||
| Q3 24 | $-0.10 | $0.36 | ||
| Q2 24 | $-0.10 | $0.00 | ||
| Q1 24 | $-0.13 | $0.47 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $271.5M | $24.3M |
| Total DebtLower is stronger | — | $126.7M |
| Stockholders' EquityBook value | $429.7M | $-29.7M |
| Total Assets | $1.1B | $296.3M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $271.5M | $24.3M | ||
| Q3 25 | $265.3M | $32.4M | ||
| Q2 25 | $258.4M | $34.2M | ||
| Q1 25 | $291.9M | $21.6M | ||
| Q4 24 | $224.1M | $29.0M | ||
| Q3 24 | $252.5M | $23.4M | ||
| Q2 24 | $215.0M | $23.4M | ||
| Q1 24 | $209.8M | $34.5M |
| Q4 25 | — | $126.7M | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $70.7M | ||
| Q3 24 | — | $50.8M | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $429.7M | $-29.7M | ||
| Q3 25 | $434.4M | $-26.9M | ||
| Q2 25 | $448.8M | $-15.6M | ||
| Q1 25 | $439.6M | $1.3M | ||
| Q4 24 | $440.0M | $20.2M | ||
| Q3 24 | $456.2M | $28.0M | ||
| Q2 24 | $457.6M | $66.4M | ||
| Q1 24 | $458.3M | $65.5M |
| Q4 25 | $1.1B | $296.3M | ||
| Q3 25 | $1.2B | $302.1M | ||
| Q2 25 | $1.1B | $303.8M | ||
| Q1 25 | $1.2B | $293.8M | ||
| Q4 24 | $984.1M | $307.8M | ||
| Q3 24 | $1.0B | $309.3M | ||
| Q2 24 | $1.0B | $362.1M | ||
| Q1 24 | $1.0B | $382.1M |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 3.50× | ||
| Q3 24 | — | 1.82× | ||
| Q2 24 | — | — | ||
| Q1 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 | $-12.4M | $-5.8M |
| Free Cash FlowOCF − Capex | $-14.7M | $-7.8M |
| FCF MarginFCF / Revenue | -8.0% | -5.5% |
| Capex IntensityCapex / Revenue | 1.2% | 1.4% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $69.1M | $-41.9M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-12.4M | $-5.8M | ||
| Q3 25 | $10.3M | $-968.0K | ||
| Q2 25 | $13.7M | $-4.0M | ||
| Q1 25 | $66.6M | $-23.1M | ||
| Q4 24 | $-3.2M | $6.8M | ||
| Q3 24 | $21.1M | $1.1M | ||
| Q2 24 | $4.5M | $-8.9M | ||
| Q1 24 | $43.0M | $-16.8M |
| Q4 25 | $-14.7M | $-7.8M | ||
| Q3 25 | $7.7M | $-1.8M | ||
| Q2 25 | $10.9M | $-7.0M | ||
| Q1 25 | $65.3M | $-25.3M | ||
| Q4 24 | $-3.9M | $5.7M | ||
| Q3 24 | $20.2M | $101.0K | ||
| Q2 24 | $2.7M | $-11.0M | ||
| Q1 24 | $41.9M | $-19.9M |
| Q4 25 | -8.0% | -5.5% | ||
| Q3 25 | 3.8% | -1.5% | ||
| Q2 25 | 5.6% | -6.6% | ||
| Q1 25 | 35.7% | -24.3% | ||
| Q4 24 | -2.5% | 4.4% | ||
| Q3 24 | 11.8% | 0.1% | ||
| Q2 24 | 1.7% | -9.2% | ||
| Q1 24 | 28.8% | -16.5% |
| Q4 25 | 1.2% | 1.4% | ||
| Q3 25 | 1.3% | 0.7% | ||
| Q2 25 | 1.5% | 2.8% | ||
| Q1 25 | 0.7% | 2.2% | ||
| Q4 24 | 0.4% | 0.8% | ||
| Q3 24 | 0.6% | 0.9% | ||
| Q2 24 | 1.1% | 1.7% | ||
| Q1 24 | 0.7% | 2.5% |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | -330.22× | ||
| Q1 24 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
ACVA
| Auction Marketplace Revenue | $77.6M | 42% |
| Other Marketplace Revenue | $72.4M | 39% |
| Customer Assurance | $24.1M | 13% |
| Data Services Revenue | $9.4M | 5% |
PRPL
| Cost Of Revenues | $81.7M | 58% |
| Other | $59.0M | 42% |
