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Side-by-side financial comparison of FIRST BUSEY CORP (BUSE) and Purple Innovation, Inc. (PRPL). Click either name above to swap in a different company.
FIRST BUSEY CORP is the larger business by last-quarter revenue ($196.2M vs $140.7M, roughly 1.4× Purple Innovation, Inc.). FIRST BUSEY CORP runs the higher net margin — 25.5% vs -2.3%, a 27.8% gap on every dollar of revenue. Over the past eight quarters, FIRST BUSEY CORP's revenue compounded faster (29.9% CAGR vs 8.3%).
First Busey Bank is a financial institution headquartered in Champaign, Illinois that operates in Illinois, Indiana, and southwest Florida. It is owned by First Busey Holding, a financial holding company.
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.”
BUSE vs PRPL — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $196.2M | $140.7M |
| Net Profit | $50.0M | $-3.2M |
| Gross Margin | — | 41.9% |
| Operating Margin | — | -1.6% |
| Net Margin | 25.5% | -2.3% |
| Revenue YoY | — | 9.1% |
| Net Profit YoY | 266.7% | 62.1% |
| EPS (diluted) | $1.00 | $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 | $196.2M | — | ||
| Q4 25 | $200.2M | $140.7M | ||
| Q3 25 | $196.3M | $118.8M | ||
| Q2 25 | $198.0M | $105.1M | ||
| Q1 25 | $125.0M | $104.2M | ||
| Q4 24 | $116.8M | $129.0M | ||
| Q3 24 | $118.5M | $118.6M | ||
| Q2 24 | $116.2M | $120.3M |
| Q1 26 | $50.0M | — | ||
| Q4 25 | — | $-3.2M | ||
| Q3 25 | $57.1M | $-11.7M | ||
| Q2 25 | $47.4M | $-17.3M | ||
| Q1 25 | $-30.0M | $-19.1M | ||
| Q4 24 | — | $-8.5M | ||
| Q3 24 | $32.0M | $-39.2M | ||
| Q2 24 | $27.4M | $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 | 38.7% | -1.6% | ||
| Q3 25 | 39.4% | -10.2% | ||
| Q2 25 | 32.6% | -13.5% | ||
| Q1 25 | -26.1% | -13.9% | ||
| Q4 24 | 32.0% | -6.0% | ||
| Q3 24 | 35.9% | -39.5% | ||
| Q2 24 | 33.1% | -12.1% |
| Q1 26 | 25.5% | — | ||
| Q4 25 | — | -2.3% | ||
| Q3 25 | 29.1% | -9.9% | ||
| Q2 25 | 23.9% | -16.5% | ||
| Q1 25 | -24.0% | -18.4% | ||
| Q4 24 | — | -6.6% | ||
| Q3 24 | 27.0% | -33.1% | ||
| Q2 24 | 23.5% | 0.0% |
| Q1 26 | $1.00 | — | ||
| Q4 25 | $0.81 | $0.03 | ||
| Q3 25 | $0.58 | $0.11 | ||
| Q2 25 | $0.52 | $0.16 | ||
| Q1 25 | $-0.44 | $0.18 | ||
| Q4 24 | $0.50 | $0.08 | ||
| Q3 24 | $0.55 | $0.36 | ||
| Q2 24 | $0.47 | $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 | $288.5M | $24.3M |
| Total DebtLower is stronger | — | $126.7M |
| Stockholders' EquityBook value | $2.5B | $-29.7M |
| Total Assets | $18.1B | $296.3M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $288.5M | — | ||
| Q4 25 | $294.1M | $24.3M | ||
| Q3 25 | $385.5M | $32.4M | ||
| Q2 25 | $752.4M | $34.2M | ||
| Q1 25 | $1.2B | $21.6M | ||
| Q4 24 | $697.7M | $29.0M | ||
| Q3 24 | $553.7M | $23.4M | ||
| Q2 24 | $285.3M | $23.4M |
| Q1 26 | — | — | ||
| Q4 25 | $113.8M | $126.7M | ||
| Q3 25 | $92.4M | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $0 | $70.7M | ||
| Q3 24 | — | $50.8M | ||
| Q2 24 | — | — |
| Q1 26 | $2.5B | — | ||
| Q4 25 | $2.5B | $-29.7M | ||
| Q3 25 | $2.4B | $-26.9M | ||
| Q2 25 | $2.4B | $-15.6M | ||
| Q1 25 | $2.2B | $1.3M | ||
| Q4 24 | $1.4B | $20.2M | ||
| Q3 24 | $1.4B | $28.0M | ||
| Q2 24 | $1.3B | $66.4M |
| Q1 26 | $18.1B | — | ||
| Q4 25 | $18.1B | $296.3M | ||
| Q3 25 | $18.2B | $302.1M | ||
| Q2 25 | $18.9B | $303.8M | ||
| Q1 25 | $19.5B | $293.8M | ||
| Q4 24 | $12.0B | $307.8M | ||
| Q3 24 | $12.0B | $309.3M | ||
| Q2 24 | $12.0B | $362.1M |
| Q1 26 | — | — | ||
| Q4 25 | 0.05× | — | ||
| Q3 25 | 0.04× | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 0.00× | 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 | $192.6M | $-5.8M | ||
| Q3 25 | $62.5M | $-968.0K | ||
| Q2 25 | $49.5M | $-4.0M | ||
| Q1 25 | $8.4M | $-23.1M | ||
| Q4 24 | $178.3M | $6.8M | ||
| Q3 24 | $60.1M | $1.1M | ||
| Q2 24 | $28.5M | $-8.9M |
| Q1 26 | — | — | ||
| Q4 25 | $173.0M | $-7.8M | ||
| Q3 25 | $54.5M | $-1.8M | ||
| Q2 25 | $46.1M | $-7.0M | ||
| Q1 25 | $6.6M | $-25.3M | ||
| Q4 24 | $171.8M | $5.7M | ||
| Q3 24 | $59.1M | $101.0K | ||
| Q2 24 | $26.3M | $-11.0M |
| Q1 26 | — | — | ||
| Q4 25 | 86.4% | -5.5% | ||
| Q3 25 | 27.7% | -1.5% | ||
| Q2 25 | 23.3% | -6.6% | ||
| Q1 25 | 5.3% | -24.3% | ||
| Q4 24 | 147.1% | 4.4% | ||
| Q3 24 | 49.9% | 0.1% | ||
| Q2 24 | 22.6% | -9.2% |
| Q1 26 | — | — | ||
| Q4 25 | 9.8% | 1.4% | ||
| Q3 25 | 4.1% | 0.7% | ||
| Q2 25 | 1.7% | 2.8% | ||
| Q1 25 | 1.4% | 2.2% | ||
| Q4 24 | 5.5% | 0.8% | ||
| Q3 24 | 0.8% | 0.9% | ||
| Q2 24 | 1.9% | 1.7% |
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | 1.09× | — | ||
| Q2 25 | 1.04× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 1.88× | — | ||
| Q2 24 | 1.04× | -330.22× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
BUSE
| Net Interest Income | $154.0M | 78% |
| Noninterest Income | $42.3M | 22% |
PRPL
| Cost Of Revenues | $81.7M | 58% |
| Other | $59.0M | 42% |
