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Side-by-side financial comparison of Vita Coco Company, Inc. (COCO) and Purple Innovation, Inc. (PRPL). Click either name above to swap in a different company.
Vita Coco Company, Inc. is the larger business by last-quarter revenue ($179.8M vs $140.7M, roughly 1.3× Purple Innovation, Inc.). Vita Coco Company, Inc. runs the higher net margin — 17.0% vs -2.3%, a 19.2% gap on every dollar of revenue. On growth, Vita Coco Company, Inc. posted the faster year-over-year revenue change (37.3% vs 9.1%). Over the past eight quarters, Vita Coco Company, Inc.'s revenue compounded faster (11.7% CAGR vs 8.3%).
The Vita Coco Company, doing business simply as Vita Coco, is an American beverage company which mainly sells coconut water. The largest brand globally in coconut/plant waters, Vita Coco has operations in 31 countries as of 2016. It is a benefit corporation. The company is owned by All Market Inc.
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.”
COCO vs PRPL — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $179.8M | $140.7M |
| Net Profit | $30.5M | $-3.2M |
| Gross Margin | 39.9% | 41.9% |
| Operating Margin | 18.7% | -1.6% |
| Net Margin | 17.0% | -2.3% |
| Revenue YoY | 37.3% | 9.1% |
| Net Profit YoY | 61.4% | 62.1% |
| EPS (diluted) | $0.50 | $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 | $179.8M | — | ||
| Q4 25 | $127.8M | $140.7M | ||
| Q3 25 | $182.3M | $118.8M | ||
| Q2 25 | $168.8M | $105.1M | ||
| Q1 25 | $130.9M | $104.2M | ||
| Q4 24 | $127.3M | $129.0M | ||
| Q3 24 | $132.9M | $118.6M | ||
| Q2 24 | $144.1M | $120.3M |
| Q1 26 | $30.5M | — | ||
| Q4 25 | $5.5M | $-3.2M | ||
| Q3 25 | $24.0M | $-11.7M | ||
| Q2 25 | $22.9M | $-17.3M | ||
| Q1 25 | $18.9M | $-19.1M | ||
| Q4 24 | $3.4M | $-8.5M | ||
| Q3 24 | $19.3M | $-39.2M | ||
| Q2 24 | $19.1M | $27.0K |
| Q1 26 | 39.9% | — | ||
| Q4 25 | 34.9% | 41.9% | ||
| Q3 25 | 37.7% | 42.8% | ||
| Q2 25 | 36.3% | 35.9% | ||
| Q1 25 | 36.7% | 39.4% | ||
| Q4 24 | 32.5% | 42.9% | ||
| Q3 24 | 38.8% | 29.7% | ||
| Q2 24 | 40.8% | 40.7% |
| Q1 26 | 18.7% | — | ||
| Q4 25 | 8.0% | -1.6% | ||
| Q3 25 | 15.3% | -10.2% | ||
| Q2 25 | 14.9% | -13.5% | ||
| Q1 25 | 14.7% | -13.9% | ||
| Q4 24 | 3.4% | -6.0% | ||
| Q3 24 | 15.5% | -39.5% | ||
| Q2 24 | 20.8% | -12.1% |
| Q1 26 | 17.0% | — | ||
| Q4 25 | 4.3% | -2.3% | ||
| Q3 25 | 13.2% | -9.9% | ||
| Q2 25 | 13.6% | -16.5% | ||
| Q1 25 | 14.4% | -18.4% | ||
| Q4 24 | 2.6% | -6.6% | ||
| Q3 24 | 14.5% | -33.1% | ||
| Q2 24 | 13.2% | 0.0% |
| Q1 26 | $0.50 | — | ||
| Q4 25 | $0.10 | $0.03 | ||
| Q3 25 | $0.40 | $0.11 | ||
| Q2 25 | $0.38 | $0.16 | ||
| Q1 25 | $0.31 | $0.18 | ||
| Q4 24 | $0.06 | $0.08 | ||
| Q3 24 | $0.32 | $0.36 | ||
| Q2 24 | $0.32 | $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 | $201.9M | $24.3M |
| Total DebtLower is stronger | — | $126.7M |
| Stockholders' EquityBook value | $352.2M | $-29.7M |
| Total Assets | $488.3M | $296.3M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $201.9M | — | ||
| Q4 25 | $196.9M | $24.3M | ||
| Q3 25 | $203.7M | $32.4M | ||
| Q2 25 | $167.0M | $34.2M | ||
| Q1 25 | $153.6M | $21.6M | ||
| Q4 24 | $164.7M | $29.0M | ||
| Q3 24 | $156.7M | $23.4M | ||
| Q2 24 | $150.1M | $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 | $352.2M | — | ||
| Q4 25 | $331.5M | $-29.7M | ||
| Q3 25 | $323.7M | $-26.9M | ||
| Q2 25 | $296.9M | $-15.6M | ||
| Q1 25 | $277.9M | $1.3M | ||
| Q4 24 | $258.8M | $20.2M | ||
| Q3 24 | $252.1M | $28.0M | ||
| Q2 24 | $232.0M | $66.4M |
| Q1 26 | $488.3M | — | ||
| Q4 25 | $461.2M | $296.3M | ||
| Q3 25 | $461.3M | $302.1M | ||
| Q2 25 | $421.1M | $303.8M | ||
| Q1 25 | $384.0M | $293.8M | ||
| Q4 24 | $362.4M | $307.8M | ||
| Q3 24 | $353.1M | $309.3M | ||
| Q2 24 | $323.0M | $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 | $-3.9M | $-5.8M | ||
| Q3 25 | $39.1M | $-968.0K | ||
| Q2 25 | $21.8M | $-4.0M | ||
| Q1 25 | $-9.8M | $-23.1M | ||
| Q4 24 | $6.9M | $6.8M | ||
| Q3 24 | $9.3M | $1.1M | ||
| Q2 24 | $26.9M | $-8.9M |
| Q1 26 | — | — | ||
| Q4 25 | $-7.1M | $-7.8M | ||
| Q3 25 | $35.6M | $-1.8M | ||
| Q2 25 | $20.9M | $-7.0M | ||
| Q1 25 | $-10.4M | $-25.3M | ||
| Q4 24 | $6.8M | $5.7M | ||
| Q3 24 | $8.9M | $101.0K | ||
| Q2 24 | $26.6M | $-11.0M |
| Q1 26 | — | — | ||
| Q4 25 | -5.6% | -5.5% | ||
| Q3 25 | 19.6% | -1.5% | ||
| Q2 25 | 12.4% | -6.6% | ||
| Q1 25 | -7.9% | -24.3% | ||
| Q4 24 | 5.3% | 4.4% | ||
| Q3 24 | 6.7% | 0.1% | ||
| Q2 24 | 18.5% | -9.2% |
| Q1 26 | — | — | ||
| Q4 25 | 2.5% | 1.4% | ||
| Q3 25 | 1.9% | 0.7% | ||
| Q2 25 | 0.6% | 2.8% | ||
| Q1 25 | 0.4% | 2.2% | ||
| Q4 24 | 0.1% | 0.8% | ||
| Q3 24 | 0.3% | 0.9% | ||
| Q2 24 | 0.2% | 1.7% |
| Q1 26 | — | — | ||
| Q4 25 | -0.70× | — | ||
| Q3 25 | 1.63× | — | ||
| Q2 25 | 0.95× | — | ||
| Q1 25 | -0.52× | — | ||
| Q4 24 | 2.05× | — | ||
| Q3 24 | 0.48× | — | ||
| Q2 24 | 1.41× | -330.22× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
COCO
| Subtotal | $148.2M | 82% |
| Private Label | $24.4M | 14% |
| Other | $7.2M | 4% |
PRPL
| Cost Of Revenues | $81.7M | 58% |
| Other | $59.0M | 42% |
