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Side-by-side financial comparison of CATHAY GENERAL BANCORP (CATY) and Purple Innovation, Inc. (PRPL). Click either name above to swap in a different company.
CATHAY GENERAL BANCORP is the larger business by last-quarter revenue ($222.8M vs $140.7M, roughly 1.6× Purple Innovation, Inc.). CATHAY GENERAL BANCORP runs the higher net margin — 653.4% vs -2.3%, a 655.7% gap on every dollar of revenue. On growth, CATHAY GENERAL BANCORP posted the faster year-over-year revenue change (19.5% vs 9.1%). CATHAY GENERAL BANCORP produced more free cash flow last quarter ($363.7M vs $-7.8M). Over the past eight quarters, CATHAY GENERAL BANCORP's revenue compounded faster (12.8% CAGR vs 8.3%).
Cathay General Bancorp is a U.S.-headquartered bank holding company that operates Cathay Bank, offering full-spectrum commercial and personal banking services. It primarily serves Asian American communities and small-to-medium enterprises across major U.S. states including California, New York and Texas, as well as select Asian markets, with products covering deposits, loans, and wealth management solutions.
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.”
CATY vs PRPL — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $222.8M | $140.7M |
| Net Profit | $90.5M | $-3.2M |
| Gross Margin | — | 41.9% |
| Operating Margin | 50.9% | -1.6% |
| Net Margin | 653.4% | -2.3% |
| Revenue YoY | 19.5% | 9.1% |
| Net Profit YoY | 12.9% | 62.1% |
| EPS (diluted) | $1.33 | $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 | $222.8M | $140.7M | ||
| Q3 25 | $210.6M | $118.8M | ||
| Q2 25 | $196.6M | $105.1M | ||
| Q1 25 | $187.8M | $104.2M | ||
| Q4 24 | $186.5M | $129.0M | ||
| Q3 24 | $189.5M | $118.6M | ||
| Q2 24 | $178.5M | $120.3M | ||
| Q1 24 | $175.2M | $120.0M |
| Q4 25 | $90.5M | $-3.2M | ||
| Q3 25 | $77.7M | $-11.7M | ||
| Q2 25 | $77.5M | $-17.3M | ||
| Q1 25 | $69.5M | $-19.1M | ||
| Q4 24 | $80.2M | $-8.5M | ||
| Q3 24 | $67.5M | $-39.2M | ||
| Q2 24 | $66.8M | $27.0K | ||
| Q1 24 | $71.4M | $-50.2M |
| 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% |
| Q4 25 | 50.9% | -1.6% | ||
| Q3 25 | 44.5% | -10.2% | ||
| Q2 25 | 49.0% | -13.5% | ||
| Q1 25 | 46.1% | -13.9% | ||
| Q4 24 | 46.5% | -6.0% | ||
| Q3 24 | 41.2% | -39.5% | ||
| Q2 24 | 40.7% | -12.1% | ||
| Q1 24 | 45.7% | -19.3% |
| Q4 25 | 653.4% | -2.3% | ||
| Q3 25 | 36.9% | -9.9% | ||
| Q2 25 | 39.4% | -16.5% | ||
| Q1 25 | 37.0% | -18.4% | ||
| Q4 24 | 587.9% | -6.6% | ||
| Q3 24 | 35.6% | -33.1% | ||
| Q2 24 | 37.4% | 0.0% | ||
| Q1 24 | 40.8% | -41.8% |
| Q4 25 | $1.33 | $0.03 | ||
| Q3 25 | $1.13 | $0.11 | ||
| Q2 25 | $1.10 | $0.16 | ||
| Q1 25 | $0.98 | $0.18 | ||
| Q4 24 | $1.11 | $0.08 | ||
| Q3 24 | $0.94 | $0.36 | ||
| Q2 24 | $0.92 | $0.00 | ||
| Q1 24 | $0.98 | $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 | — | $24.3M |
| Total DebtLower is stronger | $119.1M | $126.7M |
| Stockholders' EquityBook value | $2.9B | $-29.7M |
| Total Assets | $24.2B | $296.3M |
| Debt / EquityLower = less leverage | 0.04× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $24.3M | ||
| Q3 25 | — | $32.4M | ||
| Q2 25 | — | $34.2M | ||
| Q1 25 | — | $21.6M | ||
| Q4 24 | — | $29.0M | ||
| Q3 24 | — | $23.4M | ||
| Q2 24 | — | $23.4M | ||
| Q1 24 | — | $34.5M |
| Q4 25 | $119.1M | $126.7M | ||
| Q3 25 | $119.1M | — | ||
| Q2 25 | $119.1M | — | ||
| Q1 25 | $119.1M | — | ||
| Q4 24 | $119.1M | $70.7M | ||
| Q3 24 | $119.1M | $50.8M | ||
| Q2 24 | $119.1M | — | ||
| Q1 24 | $119.1M | — |
| Q4 25 | $2.9B | $-29.7M | ||
| Q3 25 | $2.9B | $-26.9M | ||
| Q2 25 | $2.9B | $-15.6M | ||
| Q1 25 | $2.9B | $1.3M | ||
| Q4 24 | $2.8B | $20.2M | ||
| Q3 24 | $2.8B | $28.0M | ||
| Q2 24 | $2.8B | $66.4M | ||
| Q1 24 | $2.8B | $65.5M |
| Q4 25 | $24.2B | $296.3M | ||
| Q3 25 | $24.1B | $302.1M | ||
| Q2 25 | $23.7B | $303.8M | ||
| Q1 25 | $23.2B | $293.8M | ||
| Q4 24 | $23.1B | $307.8M | ||
| Q3 24 | $23.3B | $309.3M | ||
| Q2 24 | $23.2B | $362.1M | ||
| Q1 24 | $23.4B | $382.1M |
| Q4 25 | 0.04× | — | ||
| Q3 25 | 0.04× | — | ||
| Q2 25 | 0.04× | — | ||
| Q1 25 | 0.04× | — | ||
| Q4 24 | 0.04× | 3.50× | ||
| Q3 24 | 0.04× | 1.82× | ||
| Q2 24 | 0.04× | — | ||
| Q1 24 | 0.04× | — |
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 | $368.6M | $-5.8M |
| Free Cash FlowOCF − Capex | $363.7M | $-7.8M |
| FCF MarginFCF / Revenue | 163.2% | -5.5% |
| Capex IntensityCapex / Revenue | 2.2% | 1.4% |
| Cash ConversionOCF / Net Profit | 4.07× | — |
| TTM Free Cash FlowTrailing 4 quarters | $672.7M | $-41.9M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $368.6M | $-5.8M | ||
| Q3 25 | $150.6M | $-968.0K | ||
| Q2 25 | $64.0M | $-4.0M | ||
| Q1 25 | $99.0M | $-23.1M | ||
| Q4 24 | $329.2M | $6.8M | ||
| Q3 24 | $81.2M | $1.1M | ||
| Q2 24 | $72.9M | $-8.9M | ||
| Q1 24 | $88.2M | $-16.8M |
| Q4 25 | $363.7M | $-7.8M | ||
| Q3 25 | $150.1M | $-1.8M | ||
| Q2 25 | $62.7M | $-7.0M | ||
| Q1 25 | $96.3M | $-25.3M | ||
| Q4 24 | $325.5M | $5.7M | ||
| Q3 24 | $80.0M | $101.0K | ||
| Q2 24 | $72.4M | $-11.0M | ||
| Q1 24 | $87.3M | $-19.9M |
| Q4 25 | 163.2% | -5.5% | ||
| Q3 25 | 71.3% | -1.5% | ||
| Q2 25 | 31.9% | -6.6% | ||
| Q1 25 | 51.2% | -24.3% | ||
| Q4 24 | 174.6% | 4.4% | ||
| Q3 24 | 42.2% | 0.1% | ||
| Q2 24 | 40.5% | -9.2% | ||
| Q1 24 | 49.8% | -16.5% |
| Q4 25 | 2.2% | 1.4% | ||
| Q3 25 | 0.2% | 0.7% | ||
| Q2 25 | 0.6% | 2.8% | ||
| Q1 25 | 1.4% | 2.2% | ||
| Q4 24 | 1.9% | 0.8% | ||
| Q3 24 | 0.6% | 0.9% | ||
| Q2 24 | 0.3% | 1.7% | ||
| Q1 24 | 0.5% | 2.5% |
| Q4 25 | 4.07× | — | ||
| Q3 25 | 1.94× | — | ||
| Q2 25 | 0.83× | — | ||
| Q1 25 | 1.42× | — | ||
| Q4 24 | 4.10× | — | ||
| Q3 24 | 1.20× | — | ||
| Q2 24 | 1.09× | -330.22× | ||
| Q1 24 | 1.23× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
CATY
Segment breakdown not available.
PRPL
| Cost Of Revenues | $81.7M | 58% |
| Other | $59.0M | 42% |
