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Side-by-side financial comparison of Astera Labs, Inc. (ALAB) and Purple Innovation, Inc. (PRPL). Click either name above to swap in a different company.
Astera Labs, Inc. is the larger business by last-quarter revenue ($270.6M vs $140.7M, roughly 1.9× Purple Innovation, Inc.). Astera Labs, Inc. runs the higher net margin — 16.6% vs -2.3%, a 18.9% gap on every dollar of revenue. On growth, Astera Labs, Inc. posted the faster year-over-year revenue change (91.8% vs 9.1%). Astera Labs, Inc. produced more free cash flow last quarter ($76.6M vs $-7.8M). Over the past eight quarters, Astera Labs, Inc.'s revenue compounded faster (103.6% CAGR vs 8.3%).
Astera Labs, Inc. is an American fabless semiconductor manufacturer and artificial intelligence company. The company specializes in designing high-speed connectivity solutions for data centers and AI infrastructure. The company has been listed on the Nasdaq since March 2024.
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.”
ALAB vs PRPL — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $270.6M | $140.7M |
| Net Profit | $45.0M | $-3.2M |
| Gross Margin | 75.6% | 41.9% |
| Operating Margin | 24.7% | -1.6% |
| Net Margin | 16.6% | -2.3% |
| Revenue YoY | 91.8% | 9.1% |
| Net Profit YoY | 82.0% | 62.1% |
| EPS (diluted) | $0.25 | $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 | $270.6M | $140.7M | ||
| Q3 25 | $230.6M | $118.8M | ||
| Q2 25 | $191.9M | $105.1M | ||
| Q1 25 | $159.4M | $104.2M | ||
| Q4 24 | $141.1M | $129.0M | ||
| Q3 24 | $113.1M | $118.6M | ||
| Q2 24 | $76.8M | $120.3M | ||
| Q1 24 | $65.3M | $120.0M |
| Q4 25 | $45.0M | $-3.2M | ||
| Q3 25 | $91.1M | $-11.7M | ||
| Q2 25 | $51.2M | $-17.3M | ||
| Q1 25 | $31.8M | $-19.1M | ||
| Q4 24 | $24.7M | $-8.5M | ||
| Q3 24 | $-7.6M | $-39.2M | ||
| Q2 24 | $-7.5M | $27.0K | ||
| Q1 24 | $-93.0M | $-50.2M |
| Q4 25 | 75.6% | 41.9% | ||
| Q3 25 | 76.2% | 42.8% | ||
| Q2 25 | 75.8% | 35.9% | ||
| Q1 25 | 74.9% | 39.4% | ||
| Q4 24 | 74.0% | 42.9% | ||
| Q3 24 | 77.7% | 29.7% | ||
| Q2 24 | 77.9% | 40.7% | ||
| Q1 24 | 77.4% | 34.8% |
| Q4 25 | 24.7% | -1.6% | ||
| Q3 25 | 24.0% | -10.2% | ||
| Q2 25 | 20.7% | -13.5% | ||
| Q1 25 | 7.1% | -13.9% | ||
| Q4 24 | 0.1% | -6.0% | ||
| Q3 24 | -7.9% | -39.5% | ||
| Q2 24 | -31.7% | -12.1% | ||
| Q1 24 | -127.1% | -19.3% |
| Q4 25 | 16.6% | -2.3% | ||
| Q3 25 | 39.5% | -9.9% | ||
| Q2 25 | 26.7% | -16.5% | ||
| Q1 25 | 20.0% | -18.4% | ||
| Q4 24 | 17.5% | -6.6% | ||
| Q3 24 | -6.7% | -33.1% | ||
| Q2 24 | -9.8% | 0.0% | ||
| Q1 24 | -142.5% | -41.8% |
| Q4 25 | $0.25 | $0.03 | ||
| Q3 25 | $0.50 | $0.11 | ||
| Q2 25 | $0.29 | $0.16 | ||
| Q1 25 | $0.18 | $0.18 | ||
| Q4 24 | $1.23 | $0.08 | ||
| Q3 24 | $-0.05 | $0.36 | ||
| Q2 24 | $-0.05 | $0.00 | ||
| Q1 24 | $-1.77 | $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 | $167.6M | $24.3M |
| Total DebtLower is stronger | — | $126.7M |
| Stockholders' EquityBook value | $1.4B | $-29.7M |
| Total Assets | $1.5B | $296.3M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $167.6M | $24.3M | ||
| Q3 25 | $140.4M | $32.4M | ||
| Q2 25 | $162.3M | $34.2M | ||
| Q1 25 | $86.4M | $21.6M | ||
| Q4 24 | $79.6M | $29.0M | ||
| Q3 24 | $126.1M | $23.4M | ||
| Q2 24 | $421.1M | $23.4M | ||
| Q1 24 | $696.1M | $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 | $1.4B | $-29.7M | ||
| Q3 25 | $1.3B | $-26.9M | ||
| Q2 25 | $1.1B | $-15.6M | ||
| Q1 25 | $1.0B | $1.3M | ||
| Q4 24 | $964.8M | $20.2M | ||
| Q3 24 | $889.6M | $28.0M | ||
| Q2 24 | $845.3M | $66.4M | ||
| Q1 24 | $808.8M | $65.5M |
| Q4 25 | $1.5B | $296.3M | ||
| Q3 25 | $1.4B | $302.1M | ||
| Q2 25 | $1.3B | $303.8M | ||
| Q1 25 | $1.1B | $293.8M | ||
| Q4 24 | $1.1B | $307.8M | ||
| Q3 24 | $983.1M | $309.3M | ||
| Q2 24 | $915.5M | $362.1M | ||
| Q1 24 | $864.9M | $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 | $95.3M | $-5.8M |
| Free Cash FlowOCF − Capex | $76.6M | $-7.8M |
| FCF MarginFCF / Revenue | 28.3% | -5.5% |
| Capex IntensityCapex / Revenue | 6.9% | 1.4% |
| Cash ConversionOCF / Net Profit | 2.12× | — |
| TTM Free Cash FlowTrailing 4 quarters | $281.8M | $-41.9M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $95.3M | $-5.8M | ||
| Q3 25 | $78.2M | $-968.0K | ||
| Q2 25 | $135.4M | $-4.0M | ||
| Q1 25 | $10.5M | $-23.1M | ||
| Q4 24 | $39.7M | $6.8M | ||
| Q3 24 | $63.5M | $1.1M | ||
| Q2 24 | $29.8M | $-8.9M | ||
| Q1 24 | $3.7M | $-16.8M |
| Q4 25 | $76.6M | $-7.8M | ||
| Q3 25 | $65.9M | $-1.8M | ||
| Q2 25 | $133.3M | $-7.0M | ||
| Q1 25 | $6.0M | $-25.3M | ||
| Q4 24 | $24.3M | $5.7M | ||
| Q3 24 | $46.8M | $101.0K | ||
| Q2 24 | $28.5M | $-11.0M | ||
| Q1 24 | $228.0K | $-19.9M |
| Q4 25 | 28.3% | -5.5% | ||
| Q3 25 | 28.6% | -1.5% | ||
| Q2 25 | 69.5% | -6.6% | ||
| Q1 25 | 3.7% | -24.3% | ||
| Q4 24 | 17.2% | 4.4% | ||
| Q3 24 | 41.4% | 0.1% | ||
| Q2 24 | 37.1% | -9.2% | ||
| Q1 24 | 0.3% | -16.5% |
| Q4 25 | 6.9% | 1.4% | ||
| Q3 25 | 5.3% | 0.7% | ||
| Q2 25 | 1.1% | 2.8% | ||
| Q1 25 | 2.8% | 2.2% | ||
| Q4 24 | 10.9% | 0.8% | ||
| Q3 24 | 14.8% | 0.9% | ||
| Q2 24 | 1.7% | 1.7% | ||
| Q1 24 | 5.2% | 2.5% |
| Q4 25 | 2.12× | — | ||
| Q3 25 | 0.86× | — | ||
| Q2 25 | 2.64× | — | ||
| Q1 25 | 0.33× | — | ||
| Q4 24 | 1.61× | — | ||
| 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
ALAB
Segment breakdown not available.
PRPL
| Cost Of Revenues | $81.7M | 58% |
| Other | $59.0M | 42% |
