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Side-by-side financial comparison of AMERISAFE INC (AMSF) 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 $80.1M, roughly 1.8× AMERISAFE INC). AMERISAFE INC runs the higher net margin — 10.2% vs -2.3%, a 12.5% gap on every dollar of revenue. On growth, AMERISAFE INC posted the faster year-over-year revenue change (10.3% vs 9.1%). Over the past eight quarters, Purple Innovation, Inc.'s revenue compounded faster (8.3% CAGR vs 2.8%).
AMERISAFE Inc. is a specialty insurance provider that focuses exclusively on workers' compensation coverage for small and mid-sized businesses in high-hazard industries including construction, logging, trucking, and manufacturing. It operates across 49 U.S. states, offering tailored insurance policies paired with targeted risk management support for clients.
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.”
AMSF vs PRPL — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $80.1M | $140.7M |
| Net Profit | $8.1M | $-3.2M |
| Gross Margin | — | 41.9% |
| Operating Margin | — | -1.6% |
| Net Margin | 10.2% | -2.3% |
| Revenue YoY | 10.3% | 9.1% |
| Net Profit YoY | -9.0% | 62.1% |
| EPS (diluted) | $0.43 | $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 | $80.1M | — | ||
| Q4 25 | $81.6M | $140.7M | ||
| Q3 25 | $82.0M | $118.8M | ||
| Q2 25 | $81.1M | $105.1M | ||
| Q1 25 | $72.6M | $104.2M | ||
| Q4 24 | $74.0M | $129.0M | ||
| Q3 24 | $78.7M | $118.6M | ||
| Q2 24 | $75.8M | $120.3M |
| Q1 26 | $8.1M | — | ||
| Q4 25 | $10.4M | $-3.2M | ||
| Q3 25 | $13.8M | $-11.7M | ||
| Q2 25 | $14.0M | $-17.3M | ||
| Q1 25 | $8.9M | $-19.1M | ||
| Q4 24 | $13.2M | $-8.5M | ||
| Q3 24 | $14.3M | $-39.2M | ||
| Q2 24 | $11.0M | $27.0K |
| Q1 26 | — | — | ||
| 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 26 | — | — | ||
| Q4 25 | 15.6% | -1.6% | ||
| Q3 25 | 21.3% | -10.2% | ||
| Q2 25 | 21.5% | -13.5% | ||
| Q1 25 | 15.5% | -13.9% | ||
| Q4 24 | 22.7% | -6.0% | ||
| Q3 24 | 22.6% | -39.5% | ||
| Q2 24 | 18.1% | -12.1% |
| Q1 26 | 10.2% | — | ||
| Q4 25 | 12.8% | -2.3% | ||
| Q3 25 | 16.9% | -9.9% | ||
| Q2 25 | 17.2% | -16.5% | ||
| Q1 25 | 12.3% | -18.4% | ||
| Q4 24 | 17.8% | -6.6% | ||
| Q3 24 | 18.2% | -33.1% | ||
| Q2 24 | 14.5% | 0.0% |
| Q1 26 | $0.43 | — | ||
| Q4 25 | $0.55 | $0.03 | ||
| Q3 25 | $0.72 | $0.11 | ||
| Q2 25 | $0.73 | $0.16 | ||
| Q1 25 | $0.47 | $0.18 | ||
| Q4 24 | $0.69 | $0.08 | ||
| Q3 24 | $0.75 | $0.36 | ||
| Q2 24 | $0.57 | $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 | $34.2M | $24.3M |
| Total DebtLower is stronger | — | $126.7M |
| Stockholders' EquityBook value | $246.6M | $-29.7M |
| Total Assets | — | $296.3M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $34.2M | — | ||
| Q4 25 | $61.9M | $24.3M | ||
| Q3 25 | $54.7M | $32.4M | ||
| Q2 25 | $48.5M | $34.2M | ||
| Q1 25 | $44.8M | $21.6M | ||
| Q4 24 | $44.1M | $29.0M | ||
| Q3 24 | $63.7M | $23.4M | ||
| Q2 24 | $30.6M | $23.4M |
| Q1 26 | — | — | ||
| Q4 25 | — | $126.7M | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $70.7M | ||
| Q3 24 | — | $50.8M | ||
| Q2 24 | — | — |
| Q1 26 | $246.6M | — | ||
| Q4 25 | $251.6M | $-29.7M | ||
| Q3 25 | $274.8M | $-26.9M | ||
| Q2 25 | $265.6M | $-15.6M | ||
| Q1 25 | $260.8M | $1.3M | ||
| Q4 24 | $257.3M | $20.2M | ||
| Q3 24 | $314.4M | $28.0M | ||
| Q2 24 | $301.0M | $66.4M |
| Q1 26 | — | — | ||
| Q4 25 | $1.1B | $296.3M | ||
| Q3 25 | $1.2B | $302.1M | ||
| Q2 25 | $1.2B | $303.8M | ||
| Q1 25 | $1.2B | $293.8M | ||
| Q4 24 | $1.2B | $307.8M | ||
| Q3 24 | $1.3B | $309.3M | ||
| Q2 24 | $1.2B | $362.1M |
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 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 | — | 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 | $11.1M | $-5.8M | ||
| Q3 25 | $10.7M | $-968.0K | ||
| Q2 25 | $-8.4M | $-4.0M | ||
| Q1 25 | $-1.8M | $-23.1M | ||
| Q4 24 | $24.2M | $6.8M | ||
| Q3 24 | $8.4M | $1.1M | ||
| Q2 24 | $-2.6M | $-8.9M |
| Q1 26 | — | — | ||
| Q4 25 | $8.9M | $-7.8M | ||
| Q3 25 | $9.8M | $-1.8M | ||
| Q2 25 | $-9.5M | $-7.0M | ||
| Q1 25 | $-1.8M | $-25.3M | ||
| Q4 24 | $23.4M | $5.7M | ||
| Q3 24 | $8.4M | $101.0K | ||
| Q2 24 | $-2.6M | $-11.0M |
| Q1 26 | — | — | ||
| Q4 25 | 10.9% | -5.5% | ||
| Q3 25 | 11.9% | -1.5% | ||
| Q2 25 | -11.7% | -6.6% | ||
| Q1 25 | -2.5% | -24.3% | ||
| Q4 24 | 31.5% | 4.4% | ||
| Q3 24 | 10.7% | 0.1% | ||
| Q2 24 | -3.5% | -9.2% |
| Q1 26 | — | — | ||
| Q4 25 | 2.6% | 1.4% | ||
| Q3 25 | 1.1% | 0.7% | ||
| Q2 25 | 1.3% | 2.8% | ||
| Q1 25 | 0.0% | 2.2% | ||
| Q4 24 | 1.1% | 0.8% | ||
| Q3 24 | 0.0% | 0.9% | ||
| Q2 24 | 0.1% | 1.7% |
| Q1 26 | — | — | ||
| Q4 25 | 1.06× | — | ||
| Q3 25 | 0.77× | — | ||
| Q2 25 | -0.61× | — | ||
| Q1 25 | -0.20× | — | ||
| Q4 24 | 1.83× | — | ||
| Q3 24 | 0.59× | — | ||
| Q2 24 | -0.24× | -330.22× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
AMSF
Segment breakdown not available.
PRPL
| Cost Of Revenues | $81.7M | 58% |
| Other | $59.0M | 42% |
