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Side-by-side financial comparison of AlTi Global, Inc. (ALTI) 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 $86.6M, roughly 1.6× AlTi Global, Inc.). Purple Innovation, Inc. runs the higher net margin — -2.3% vs -15.1%, a 12.9% gap on every dollar of revenue. On growth, AlTi Global, Inc. posted the faster year-over-year revenue change (87.0% vs 9.1%). Purple Innovation, Inc. produced more free cash flow last quarter ($-7.8M vs $-52.2M). Over the past eight quarters, AlTi Global, Inc.'s revenue compounded faster (30.6% CAGR vs 8.3%).

Cristal Global is the world's second-largest producer of titanium dioxide and a leading producer of titanium chemicals. It was formed when The National Titanium Dioxide Company Ltd. combined with Millennium Chemicals. The headquarters are in Jeddah, Saudi Arabia. It is a significant shareholder in Bemax, the world’s 5th largest TiO2 feedstock producer.

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.”

ALTI vs PRPL — Head-to-Head

Bigger by revenue
PRPL
PRPL
1.6× larger
PRPL
$140.7M
$86.6M
ALTI
Growing faster (revenue YoY)
ALTI
ALTI
+78.0% gap
ALTI
87.0%
9.1%
PRPL
Higher net margin
PRPL
PRPL
12.9% more per $
PRPL
-2.3%
-15.1%
ALTI
More free cash flow
PRPL
PRPL
$44.4M more FCF
PRPL
$-7.8M
$-52.2M
ALTI
Faster 2-yr revenue CAGR
ALTI
ALTI
Annualised
ALTI
30.6%
8.3%
PRPL

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
ALTI
ALTI
PRPL
PRPL
Revenue
$86.6M
$140.7M
Net Profit
$-13.1M
$-3.2M
Gross Margin
41.9%
Operating Margin
-2.1%
-1.6%
Net Margin
-15.1%
-2.3%
Revenue YoY
87.0%
9.1%
Net Profit YoY
75.6%
62.1%
EPS (diluted)
$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.

Revenue
ALTI
ALTI
PRPL
PRPL
Q4 25
$86.6M
$140.7M
Q3 25
$57.2M
$118.8M
Q2 25
$53.1M
$105.1M
Q1 25
$58.0M
$104.2M
Q4 24
$46.3M
$129.0M
Q3 24
$51.8M
$118.6M
Q2 24
$49.5M
$120.3M
Q1 24
$50.8M
$120.0M
Net Profit
ALTI
ALTI
PRPL
PRPL
Q4 25
$-13.1M
$-3.2M
Q3 25
$-84.1M
$-11.7M
Q2 25
$-24.4M
$-17.3M
Q1 25
$1.9M
$-19.1M
Q4 24
$-53.8M
$-8.5M
Q3 24
$-72.5M
$-39.2M
Q2 24
$-6.4M
$27.0K
Q1 24
$29.7M
$-50.2M
Gross Margin
ALTI
ALTI
PRPL
PRPL
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%
Operating Margin
ALTI
ALTI
PRPL
PRPL
Q4 25
-2.1%
-1.6%
Q3 25
-49.8%
-10.2%
Q2 25
-56.7%
-13.5%
Q1 25
-23.3%
-13.9%
Q4 24
-42.7%
-6.0%
Q3 24
-18.4%
-39.5%
Q2 24
-30.2%
-12.1%
Q1 24
-28.9%
-19.3%
Net Margin
ALTI
ALTI
PRPL
PRPL
Q4 25
-15.1%
-2.3%
Q3 25
-147.0%
-9.9%
Q2 25
-45.9%
-16.5%
Q1 25
3.3%
-18.4%
Q4 24
-116.1%
-6.6%
Q3 24
-140.0%
-33.1%
Q2 24
-12.9%
0.0%
Q1 24
58.4%
-41.8%
EPS (diluted)
ALTI
ALTI
PRPL
PRPL
Q4 25
$0.03
Q3 25
$0.11
Q2 25
$-0.33
$0.16
Q1 25
$-0.04
$0.18
Q4 24
$-0.71
$0.08
Q3 24
$-0.88
$0.36
Q2 24
$-0.18
$0.00
Q1 24
$0.18
$0.47

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ALTI
ALTI
PRPL
PRPL
Cash + ST InvestmentsLiquidity on hand
$41.2M
$24.3M
Total DebtLower is stronger
$883.0K
$126.7M
Stockholders' EquityBook value
$600.1M
$-29.7M
Total Assets
$1.2B
$296.3M
Debt / EquityLower = less leverage
0.00×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ALTI
ALTI
PRPL
PRPL
Q4 25
$41.2M
$24.3M
Q3 25
$35.8M
$32.4M
Q2 25
$42.4M
$34.2M
Q1 25
$52.8M
$21.6M
Q4 24
$64.4M
$29.0M
Q3 24
$220.6M
$23.4M
Q2 24
$60.0M
$23.4M
Q1 24
$134.2M
$34.5M
Total Debt
ALTI
ALTI
PRPL
PRPL
Q4 25
$883.0K
$126.7M
Q3 25
$586.0K
Q2 25
$673.0K
Q1 25
Q4 24
$0
$70.7M
Q3 24
$128.4M
$50.8M
Q2 24
$164.0M
Q1 24
$183.7M
Stockholders' Equity
ALTI
ALTI
PRPL
PRPL
Q4 25
$600.1M
$-29.7M
Q3 25
$607.2M
$-26.9M
Q2 25
$685.4M
$-15.6M
Q1 25
$665.2M
$1.3M
Q4 24
$658.4M
$20.2M
Q3 24
$707.0M
$28.0M
Q2 24
$540.2M
$66.4M
Q1 24
$510.9M
$65.5M
Total Assets
ALTI
ALTI
PRPL
PRPL
Q4 25
$1.2B
$296.3M
Q3 25
$1.2B
$302.1M
Q2 25
$1.2B
$303.8M
Q1 25
$1.2B
$293.8M
Q4 24
$1.3B
$307.8M
Q3 24
$1.4B
$309.3M
Q2 24
$1.3B
$362.1M
Q1 24
$1.3B
$382.1M
Debt / Equity
ALTI
ALTI
PRPL
PRPL
Q4 25
0.00×
Q3 25
0.00×
Q2 25
0.00×
Q1 25
Q4 24
0.00×
3.50×
Q3 24
0.18×
1.82×
Q2 24
0.30×
Q1 24
0.36×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ALTI
ALTI
PRPL
PRPL
Operating Cash FlowLast quarter
$-51.4M
$-5.8M
Free Cash FlowOCF − Capex
$-52.2M
$-7.8M
FCF MarginFCF / Revenue
-60.3%
-5.5%
Capex IntensityCapex / Revenue
0.9%
1.4%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-41.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ALTI
ALTI
PRPL
PRPL
Q4 25
$-51.4M
$-5.8M
Q3 25
$-53.5M
$-968.0K
Q2 25
$-19.9M
$-4.0M
Q1 25
$-30.2M
$-23.1M
Q4 24
$-50.7M
$6.8M
Q3 24
$-4.9M
$1.1M
Q2 24
$-30.2M
$-8.9M
Q1 24
$-15.5M
$-16.8M
Free Cash Flow
ALTI
ALTI
PRPL
PRPL
Q4 25
$-52.2M
$-7.8M
Q3 25
$-1.8M
Q2 25
$-20.0M
$-7.0M
Q1 25
$-31.0M
$-25.3M
Q4 24
$-58.2M
$5.7M
Q3 24
$-9.4M
$101.0K
Q2 24
$-31.2M
$-11.0M
Q1 24
$-15.7M
$-19.9M
FCF Margin
ALTI
ALTI
PRPL
PRPL
Q4 25
-60.3%
-5.5%
Q3 25
-1.5%
Q2 25
-37.6%
-6.6%
Q1 25
-53.4%
-24.3%
Q4 24
-125.7%
4.4%
Q3 24
-18.2%
0.1%
Q2 24
-63.2%
-9.2%
Q1 24
-30.9%
-16.5%
Capex Intensity
ALTI
ALTI
PRPL
PRPL
Q4 25
0.9%
1.4%
Q3 25
0.0%
0.7%
Q2 25
0.0%
2.8%
Q1 25
1.3%
2.2%
Q4 24
16.3%
0.8%
Q3 24
8.7%
0.9%
Q2 24
2.2%
1.7%
Q1 24
0.4%
2.5%
Cash Conversion
ALTI
ALTI
PRPL
PRPL
Q4 25
Q3 25
Q2 25
Q1 25
-15.80×
Q4 24
Q3 24
Q2 24
-330.22×
Q1 24
-0.52×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

ALTI
ALTI

Management Advisory Fees$51.1M59%
Other$32.7M38%
Distributions From Investments$2.9M3%

PRPL
PRPL

Cost Of Revenues$81.7M58%
Other$59.0M42%

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