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Side-by-side financial comparison of COGENT COMMUNICATIONS HOLDINGS, INC. (CCOI) and Purple Innovation, Inc. (PRPL). Click either name above to swap in a different company.
COGENT COMMUNICATIONS HOLDINGS, INC. is the larger business by last-quarter revenue ($240.5M vs $140.7M, roughly 1.7× Purple Innovation, Inc.). Purple Innovation, Inc. runs the higher net margin — -2.3% vs -12.8%, a 10.5% gap on every dollar of revenue. On growth, Purple Innovation, Inc. posted the faster year-over-year revenue change (9.1% vs -4.7%). Purple Innovation, Inc. produced more free cash flow last quarter ($-7.8M vs $-43.0M). Over the past eight quarters, Purple Innovation, Inc.'s revenue compounded faster (8.3% CAGR vs -4.9%).
Cogent Communications Holdings, Inc. is a multinational internet service provider based in the United States. Cogent's primary services consist of Internet access and data transport, offered on a fiber optic, IP data-only network, along with colocation in data centers.
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.”
CCOI vs PRPL — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $240.5M | $140.7M |
| Net Profit | $-30.8M | $-3.2M |
| Gross Margin | 46.6% | 41.9% |
| Operating Margin | -4.7% | -1.6% |
| Net Margin | -12.8% | -2.3% |
| Revenue YoY | -4.7% | 9.1% |
| Net Profit YoY | 28.9% | 62.1% |
| EPS (diluted) | $-0.63 | $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 | $240.5M | $140.7M | ||
| Q3 25 | $241.9M | $118.8M | ||
| Q2 25 | $246.2M | $105.1M | ||
| Q1 25 | $247.0M | $104.2M | ||
| Q4 24 | $252.3M | $129.0M | ||
| Q3 24 | $257.2M | $118.6M | ||
| Q2 24 | $260.4M | $120.3M | ||
| Q1 24 | $266.2M | $120.0M |
| Q4 25 | $-30.8M | $-3.2M | ||
| Q3 25 | $-41.5M | $-11.7M | ||
| Q2 25 | $-57.8M | $-17.3M | ||
| Q1 25 | $-52.0M | $-19.1M | ||
| Q4 24 | $-43.3M | $-8.5M | ||
| Q3 24 | $-63.1M | $-39.2M | ||
| Q2 24 | $-32.3M | $27.0K | ||
| Q1 24 | $-65.3M | $-50.2M |
| Q4 25 | 46.6% | 41.9% | ||
| Q3 25 | 45.6% | 42.8% | ||
| Q2 25 | 44.2% | 35.9% | ||
| Q1 25 | 44.4% | 39.4% | ||
| Q4 24 | 38.5% | 42.9% | ||
| Q3 24 | 37.2% | 29.7% | ||
| Q2 24 | 40.0% | 40.7% | ||
| Q1 24 | 36.5% | 34.8% |
| Q4 25 | -4.7% | -1.6% | ||
| Q3 25 | -7.5% | -10.2% | ||
| Q2 25 | -12.8% | -13.5% | ||
| Q1 25 | -16.3% | -13.9% | ||
| Q4 24 | -13.2% | -6.0% | ||
| Q3 24 | -22.5% | -39.5% | ||
| Q2 24 | -18.1% | -12.1% | ||
| Q1 24 | -22.3% | -19.3% |
| Q4 25 | -12.8% | -2.3% | ||
| Q3 25 | -17.2% | -9.9% | ||
| Q2 25 | -23.5% | -16.5% | ||
| Q1 25 | -21.1% | -18.4% | ||
| Q4 24 | -17.2% | -6.6% | ||
| Q3 24 | -24.5% | -33.1% | ||
| Q2 24 | -12.4% | 0.0% | ||
| Q1 24 | -24.5% | -41.8% |
| Q4 25 | $-0.63 | $0.03 | ||
| Q3 25 | $-0.87 | $0.11 | ||
| Q2 25 | $-1.21 | $0.16 | ||
| Q1 25 | $-1.09 | $0.18 | ||
| Q4 24 | $-0.89 | $0.08 | ||
| Q3 24 | $-1.33 | $0.36 | ||
| Q2 24 | $-0.68 | $0.00 | ||
| Q1 24 | $-1.38 | $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 | $148.5M | $24.3M |
| Total DebtLower is stronger | $1.7B | $126.7M |
| Stockholders' EquityBook value | $-63.8M | $-29.7M |
| Total Assets | $3.1B | $296.3M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $148.5M | $24.3M | ||
| Q3 25 | $147.1M | $32.4M | ||
| Q2 25 | $213.7M | $34.2M | ||
| Q1 25 | $153.8M | $21.6M | ||
| Q4 24 | $198.5M | $29.0M | ||
| Q3 24 | $279.2M | $23.4M | ||
| Q2 24 | $384.4M | $23.4M | ||
| Q1 24 | $118.4M | $34.5M |
| Q4 25 | $1.7B | $126.7M | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $1.5B | $70.7M | ||
| Q3 24 | — | $50.8M | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $-63.8M | $-29.7M | ||
| Q3 25 | $-39.2M | $-26.9M | ||
| Q2 25 | $46.7M | $-15.6M | ||
| Q1 25 | $142.8M | $1.3M | ||
| Q4 24 | $222.8M | $20.2M | ||
| Q3 24 | $323.6M | $28.0M | ||
| Q2 24 | $415.5M | $66.4M | ||
| Q1 24 | $500.6M | $65.5M |
| Q4 25 | $3.1B | $296.3M | ||
| Q3 25 | $3.1B | $302.1M | ||
| Q2 25 | $3.3B | $303.8M | ||
| Q1 25 | $3.1B | $293.8M | ||
| Q4 24 | $3.2B | $307.8M | ||
| Q3 24 | $3.2B | $309.3M | ||
| Q2 24 | $3.3B | $362.1M | ||
| Q1 24 | $3.1B | $382.1M |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 6.53× | 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 | | |
|---|---|---|
| Operating Cash FlowLast quarter | $-6.0M | $-5.8M |
| Free Cash FlowOCF − Capex | $-43.0M | $-7.8M |
| FCF MarginFCF / Revenue | -17.9% | -5.5% |
| Capex IntensityCapex / Revenue | 15.4% | 1.4% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $-198.1M | $-41.9M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-6.0M | $-5.8M | ||
| Q3 25 | $3.1M | $-968.0K | ||
| Q2 25 | $-44.0M | $-4.0M | ||
| Q1 25 | $36.4M | $-23.1M | ||
| Q4 24 | $14.5M | $6.8M | ||
| Q3 24 | $-20.2M | $1.1M | ||
| Q2 24 | $-22.2M | $-8.9M | ||
| Q1 24 | $19.2M | $-16.8M |
| Q4 25 | $-43.0M | $-7.8M | ||
| Q3 25 | $-33.1M | $-1.8M | ||
| Q2 25 | $-100.2M | $-7.0M | ||
| Q1 25 | $-21.7M | $-25.3M | ||
| Q4 24 | $-31.6M | $5.7M | ||
| Q3 24 | $-79.5M | $101.0K | ||
| Q2 24 | $-70.9M | $-11.0M | ||
| Q1 24 | $-21.7M | $-19.9M |
| Q4 25 | -17.9% | -5.5% | ||
| Q3 25 | -13.7% | -1.5% | ||
| Q2 25 | -40.7% | -6.6% | ||
| Q1 25 | -8.8% | -24.3% | ||
| Q4 24 | -12.5% | 4.4% | ||
| Q3 24 | -30.9% | 0.1% | ||
| Q2 24 | -27.2% | -9.2% | ||
| Q1 24 | -8.1% | -16.5% |
| Q4 25 | 15.4% | 1.4% | ||
| Q3 25 | 15.0% | 0.7% | ||
| Q2 25 | 22.8% | 2.8% | ||
| Q1 25 | 23.5% | 2.2% | ||
| Q4 24 | 18.3% | 0.8% | ||
| Q3 24 | 23.0% | 0.9% | ||
| Q2 24 | 18.7% | 1.7% | ||
| Q1 24 | 15.4% | 2.5% |
| 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
CCOI
Segment breakdown not available.
PRPL
| Cost Of Revenues | $81.7M | 58% |
| Other | $59.0M | 42% |
