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Side-by-side financial comparison of FEDERAL AGRICULTURAL MORTGAGE CORP (AGM) 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 $107.5M, roughly 1.3× FEDERAL AGRICULTURAL MORTGAGE CORP). On growth, Purple Innovation, Inc. posted the faster year-over-year revenue change (9.1% vs 6.1%). Over the past eight quarters, Purple Innovation, Inc.'s revenue compounded faster (8.3% CAGR vs 7.1%).
The Federal Agricultural Mortgage Corporation, also known as Farmer Mac, is a stockholder-owned, federally chartered corporation established by the U.S. Congress in 1988 under the Agricultural Credit Act of 1987. It was created to establish a secondary market for agricultural real estate and housing mortgage loans, to increase liquidity and the availability of long-term, stable credit for farmers, ranchers, and rural communities.
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.”
AGM vs PRPL — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | ||
|---|---|---|
| Revenue | $107.5M | $140.7M |
| Net Profit | — | $-3.2M |
| Gross Margin | — | 41.9% |
| Operating Margin | 56.3% | -1.6% |
| Net Margin | — | -2.3% |
| Revenue YoY | 6.1% | 9.1% |
| Net Profit YoY | — | 62.1% |
| EPS (diluted) | $3.69 | $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 | $107.5M | $140.7M | ||
| Q3 25 | $104.0M | $118.8M | ||
| Q2 25 | $102.6M | $105.1M | ||
| Q1 25 | $94.3M | $104.2M | ||
| Q4 24 | $101.3M | $129.0M | ||
| Q3 24 | $90.3M | $118.6M | ||
| Q2 24 | $89.9M | $120.3M | ||
| Q1 24 | $93.7M | $120.0M |
| Q4 25 | — | $-3.2M | ||
| Q3 25 | $55.0M | $-11.7M | ||
| Q2 25 | $54.8M | $-17.3M | ||
| Q1 25 | $49.7M | $-19.1M | ||
| Q4 24 | $56.5M | $-8.5M | ||
| Q3 24 | $49.8M | $-39.2M | ||
| Q2 24 | $47.1M | $27.0K | ||
| Q1 24 | $53.7M | $-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 | 56.3% | -1.6% | ||
| Q3 25 | 64.1% | -10.2% | ||
| Q2 25 | 63.8% | -13.5% | ||
| Q1 25 | 66.9% | -13.9% | ||
| Q4 24 | 67.5% | -6.0% | ||
| Q3 24 | 69.0% | -39.5% | ||
| Q2 24 | 65.9% | -12.1% | ||
| Q1 24 | 72.8% | -19.3% |
| Q4 25 | — | -2.3% | ||
| Q3 25 | 52.9% | -9.9% | ||
| Q2 25 | 53.4% | -16.5% | ||
| Q1 25 | 52.6% | -18.4% | ||
| Q4 24 | 55.8% | -6.6% | ||
| Q3 24 | 55.2% | -33.1% | ||
| Q2 24 | 52.4% | 0.0% | ||
| Q1 24 | 57.4% | -41.8% |
| Q4 25 | $3.69 | $0.03 | ||
| Q3 25 | $4.44 | $0.11 | ||
| Q2 25 | $4.48 | $0.16 | ||
| Q1 25 | $4.01 | $0.18 | ||
| Q4 24 | $4.62 | $0.08 | ||
| Q3 24 | $3.86 | $0.36 | ||
| Q2 24 | $3.68 | $0.00 | ||
| Q1 24 | $4.28 | $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 | — | $24.3M |
| Total DebtLower is stronger | $30.8B | $126.7M |
| Stockholders' EquityBook value | $1.7B | $-29.7M |
| Total Assets | $35.4B | $296.3M |
| Debt / EquityLower = less leverage | 17.93× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $24.3M | ||
| Q3 25 | — | $32.4M | ||
| Q2 25 | — | $34.2M | ||
| Q1 25 | — | $21.6M | ||
| Q4 24 | — | $29.0M | ||
| Q3 24 | $842.1M | $23.4M | ||
| Q2 24 | $923.0M | $23.4M | ||
| Q1 24 | $745.1M | $34.5M |
| Q4 25 | $30.8B | $126.7M | ||
| Q3 25 | $29.2B | — | ||
| Q2 25 | $28.9B | — | ||
| Q1 25 | $28.0B | — | ||
| Q4 24 | $27.5B | $70.7M | ||
| Q3 24 | $27.2B | $50.8M | ||
| Q2 24 | $26.8B | — | ||
| Q1 24 | $26.8B | — |
| Q4 25 | $1.7B | $-29.7M | ||
| Q3 25 | $1.7B | $-26.9M | ||
| Q2 25 | $1.5B | $-15.6M | ||
| Q1 25 | $1.5B | $1.3M | ||
| Q4 24 | $1.5B | $20.2M | ||
| Q3 24 | $1.5B | $28.0M | ||
| Q2 24 | $1.5B | $66.4M | ||
| Q1 24 | $1.5B | $65.5M |
| Q4 25 | $35.4B | $296.3M | ||
| Q3 25 | $33.4B | $302.1M | ||
| Q2 25 | $33.0B | $303.8M | ||
| Q1 25 | $31.8B | $293.8M | ||
| Q4 24 | $31.3B | $307.8M | ||
| Q3 24 | $30.6B | $309.3M | ||
| Q2 24 | $30.2B | $362.1M | ||
| Q1 24 | $29.8B | $382.1M |
| Q4 25 | 17.93× | — | ||
| Q3 25 | 17.31× | — | ||
| Q2 25 | 18.70× | — | ||
| Q1 25 | 18.39× | — | ||
| Q4 24 | 18.48× | 3.50× | ||
| Q3 24 | 18.60× | 1.82× | ||
| Q2 24 | 17.87× | — | ||
| Q1 24 | 18.11× | — |
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 | $80.1M | $-5.8M |
| Free Cash FlowOCF − Capex | — | $-7.8M |
| FCF MarginFCF / Revenue | — | -5.5% |
| Capex IntensityCapex / Revenue | 0.0% | 1.4% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $-41.9M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $80.1M | $-5.8M | ||
| Q3 25 | $74.2M | $-968.0K | ||
| Q2 25 | $-47.7M | $-4.0M | ||
| Q1 25 | $-49.8M | $-23.1M | ||
| Q4 24 | $612.6M | $6.8M | ||
| Q3 24 | $-44.4M | $1.1M | ||
| Q2 24 | $56.1M | $-8.9M | ||
| Q1 24 | $233.3M | $-16.8M |
| Q4 25 | — | $-7.8M | ||
| Q3 25 | — | $-1.8M | ||
| Q2 25 | — | $-7.0M | ||
| Q1 25 | — | $-25.3M | ||
| Q4 24 | $607.4M | $5.7M | ||
| Q3 24 | $-44.4M | $101.0K | ||
| Q2 24 | $52.6M | $-11.0M | ||
| Q1 24 | $231.7M | $-19.9M |
| Q4 25 | — | -5.5% | ||
| Q3 25 | — | -1.5% | ||
| Q2 25 | — | -6.6% | ||
| Q1 25 | — | -24.3% | ||
| Q4 24 | 599.8% | 4.4% | ||
| Q3 24 | -49.2% | 0.1% | ||
| Q2 24 | 58.5% | -9.2% | ||
| Q1 24 | 247.3% | -16.5% |
| Q4 25 | 0.0% | 1.4% | ||
| Q3 25 | 0.0% | 0.7% | ||
| Q2 25 | 0.0% | 2.8% | ||
| Q1 25 | 0.0% | 2.2% | ||
| Q4 24 | 5.2% | 0.8% | ||
| Q3 24 | 0.1% | 0.9% | ||
| Q2 24 | 4.0% | 1.7% | ||
| Q1 24 | 1.7% | 2.5% |
| Q4 25 | — | — | ||
| Q3 25 | 1.35× | — | ||
| Q2 25 | -0.87× | — | ||
| Q1 25 | -1.00× | — | ||
| Q4 24 | 10.84× | — | ||
| Q3 24 | -0.89× | — | ||
| Q2 24 | 1.19× | -330.22× | ||
| Q1 24 | 4.34× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
AGM
Segment breakdown not available.
PRPL
| Cost Of Revenues | $81.7M | 58% |
| Other | $59.0M | 42% |