vs

Side-by-side financial comparison of Axsome Therapeutics, Inc. (AXSM) and Purple Innovation, Inc. (PRPL). Click either name above to swap in a different company.

Axsome Therapeutics, Inc. is the larger business by last-quarter revenue ($196.0M vs $140.7M, roughly 1.4× Purple Innovation, Inc.). Purple Innovation, Inc. runs the higher net margin — -2.3% vs -14.6%, a 12.3% gap on every dollar of revenue. On growth, Axsome Therapeutics, Inc. posted the faster year-over-year revenue change (65.0% vs 9.1%). Purple Innovation, Inc. produced more free cash flow last quarter ($-7.8M vs $-18.7M). Over the past eight quarters, Axsome Therapeutics, Inc.'s revenue compounded faster (61.7% CAGR vs 8.3%).

Jazz Pharmaceuticals plc is a global biopharmaceutical company with a focus on oncology and neuroscience. It was founded in 2003 in California, United States and is now headquartered in Dublin, Ireland.

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.”

AXSM vs PRPL — Head-to-Head

Bigger by revenue
AXSM
AXSM
1.4× larger
AXSM
$196.0M
$140.7M
PRPL
Growing faster (revenue YoY)
AXSM
AXSM
+55.9% gap
AXSM
65.0%
9.1%
PRPL
Higher net margin
PRPL
PRPL
12.3% more per $
PRPL
-2.3%
-14.6%
AXSM
More free cash flow
PRPL
PRPL
$10.9M more FCF
PRPL
$-7.8M
$-18.7M
AXSM
Faster 2-yr revenue CAGR
AXSM
AXSM
Annualised
AXSM
61.7%
8.3%
PRPL

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
AXSM
AXSM
PRPL
PRPL
Revenue
$196.0M
$140.7M
Net Profit
$-28.6M
$-3.2M
Gross Margin
41.9%
Operating Margin
-13.8%
-1.6%
Net Margin
-14.6%
-2.3%
Revenue YoY
65.0%
9.1%
Net Profit YoY
61.9%
62.1%
EPS (diluted)
$-0.55
$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
AXSM
AXSM
PRPL
PRPL
Q4 25
$196.0M
$140.7M
Q3 25
$171.0M
$118.8M
Q2 25
$150.0M
$105.1M
Q1 25
$121.5M
$104.2M
Q4 24
$118.8M
$129.0M
Q3 24
$104.8M
$118.6M
Q2 24
$87.2M
$120.3M
Q1 24
$75.0M
$120.0M
Net Profit
AXSM
AXSM
PRPL
PRPL
Q4 25
$-28.6M
$-3.2M
Q3 25
$-47.2M
$-11.7M
Q2 25
$-48.0M
$-17.3M
Q1 25
$-59.4M
$-19.1M
Q4 24
$-74.9M
$-8.5M
Q3 24
$-64.6M
$-39.2M
Q2 24
$-79.3M
$27.0K
Q1 24
$-68.4M
$-50.2M
Gross Margin
AXSM
AXSM
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
AXSM
AXSM
PRPL
PRPL
Q4 25
-13.8%
-1.6%
Q3 25
-27.0%
-10.2%
Q2 25
-24.5%
-13.5%
Q1 25
-46.9%
-13.9%
Q4 24
-61.1%
-6.0%
Q3 24
-59.8%
-39.5%
Q2 24
-89.5%
-12.1%
Q1 24
-89.7%
-19.3%
Net Margin
AXSM
AXSM
PRPL
PRPL
Q4 25
-14.6%
-2.3%
Q3 25
-27.6%
-9.9%
Q2 25
-32.0%
-16.5%
Q1 25
-48.9%
-18.4%
Q4 24
-63.1%
-6.6%
Q3 24
-61.7%
-33.1%
Q2 24
-91.0%
0.0%
Q1 24
-91.1%
-41.8%
EPS (diluted)
AXSM
AXSM
PRPL
PRPL
Q4 25
$-0.55
$0.03
Q3 25
$-0.94
$0.11
Q2 25
$-0.97
$0.16
Q1 25
$-1.22
$0.18
Q4 24
$-1.54
$0.08
Q3 24
$-1.34
$0.36
Q2 24
$-1.67
$0.00
Q1 24
$-1.44
$0.47

Balance Sheet & Financial Strength

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

Metric
AXSM
AXSM
PRPL
PRPL
Cash + ST InvestmentsLiquidity on hand
$322.9M
$24.3M
Total DebtLower is stronger
$126.7M
Stockholders' EquityBook value
$88.3M
$-29.7M
Total Assets
$689.8M
$296.3M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AXSM
AXSM
PRPL
PRPL
Q4 25
$322.9M
$24.3M
Q3 25
$325.3M
$32.4M
Q2 25
$303.0M
$34.2M
Q1 25
$300.9M
$21.6M
Q4 24
$315.4M
$29.0M
Q3 24
$327.3M
$23.4M
Q2 24
$315.7M
$23.4M
Q1 24
$331.4M
$34.5M
Total Debt
AXSM
AXSM
PRPL
PRPL
Q4 25
$126.7M
Q3 25
Q2 25
Q1 25
Q4 24
$70.7M
Q3 24
$50.8M
Q2 24
Q1 24
Stockholders' Equity
AXSM
AXSM
PRPL
PRPL
Q4 25
$88.3M
$-29.7M
Q3 25
$73.7M
$-26.9M
Q2 25
$73.1M
$-15.6M
Q1 25
$53.2M
$1.3M
Q4 24
$57.0M
$20.2M
Q3 24
$92.9M
$28.0M
Q2 24
$102.9M
$66.4M
Q1 24
$144.0M
$65.5M
Total Assets
AXSM
AXSM
PRPL
PRPL
Q4 25
$689.8M
$296.3M
Q3 25
$669.3M
$302.1M
Q2 25
$639.8M
$303.8M
Q1 25
$596.7M
$293.8M
Q4 24
$568.5M
$307.8M
Q3 24
$561.5M
$309.3M
Q2 24
$548.2M
$362.1M
Q1 24
$545.7M
$382.1M
Debt / Equity
AXSM
AXSM
PRPL
PRPL
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
AXSM
AXSM
PRPL
PRPL
Operating Cash FlowLast quarter
$-18.7M
$-5.8M
Free Cash FlowOCF − Capex
$-18.7M
$-7.8M
FCF MarginFCF / Revenue
-9.6%
-5.5%
Capex IntensityCapex / Revenue
0.0%
1.4%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-93.9M
$-41.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AXSM
AXSM
PRPL
PRPL
Q4 25
$-18.7M
$-5.8M
Q3 25
$1.0M
$-968.0K
Q2 25
$-32.4M
$-4.0M
Q1 25
$-43.4M
$-23.1M
Q4 24
$-26.2M
$6.8M
Q3 24
$-18.6M
$1.1M
Q2 24
$-30.1M
$-8.9M
Q1 24
$-53.5M
$-16.8M
Free Cash Flow
AXSM
AXSM
PRPL
PRPL
Q4 25
$-18.7M
$-7.8M
Q3 25
$988.0K
$-1.8M
Q2 25
$-32.4M
$-7.0M
Q1 25
$-43.7M
$-25.3M
Q4 24
$-26.2M
$5.7M
Q3 24
$-18.7M
$101.0K
Q2 24
$-30.2M
$-11.0M
Q1 24
$-53.6M
$-19.9M
FCF Margin
AXSM
AXSM
PRPL
PRPL
Q4 25
-9.6%
-5.5%
Q3 25
0.6%
-1.5%
Q2 25
-21.6%
-6.6%
Q1 25
-36.0%
-24.3%
Q4 24
-22.1%
4.4%
Q3 24
-17.9%
0.1%
Q2 24
-34.6%
-9.2%
Q1 24
-71.4%
-16.5%
Capex Intensity
AXSM
AXSM
PRPL
PRPL
Q4 25
0.0%
1.4%
Q3 25
0.0%
0.7%
Q2 25
0.0%
2.8%
Q1 25
0.3%
2.2%
Q4 24
0.0%
0.8%
Q3 24
0.1%
0.9%
Q2 24
0.1%
1.7%
Q1 24
0.1%
2.5%
Cash Conversion
AXSM
AXSM
PRPL
PRPL
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

AXSM
AXSM

Segment breakdown not available.

PRPL
PRPL

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

Related Comparisons