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Side-by-side financial comparison of Core Scientific, Inc. (CORZ) and Purple Innovation, Inc. (PRPL). Click either name above to swap in a different company.
Purple Innovation, Inc. is the larger business by last-quarter revenue ($140.7M vs $79.8M, roughly 1.8× Core Scientific, Inc.). Core Scientific, Inc. runs the higher net margin — 268.5% vs -2.3%, a 270.8% gap on every dollar of revenue. On growth, Purple Innovation, Inc. posted the faster year-over-year revenue change (9.1% vs -16.0%). Purple Innovation, Inc. produced more free cash flow last quarter ($-7.8M vs $-450.8M). Over the past eight quarters, Purple Innovation, Inc.'s revenue compounded faster (8.3% CAGR vs -33.3%).
Core Scientific is a leading digital asset and high-performance computing infrastructure provider. It operates large energy-efficient data centers across North America, offering cryptocurrency mining services, colocation hosting for blockchain and AI clients, and custom high-performance computing solutions for enterprise tech segments.
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.”
CORZ vs PRPL — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $79.8M | $140.7M |
| Net Profit | $214.2M | $-3.2M |
| Gross Margin | 26.0% | 41.9% |
| Operating Margin | -149.5% | -1.6% |
| Net Margin | 268.5% | -2.3% |
| Revenue YoY | -16.0% | 9.1% |
| Net Profit YoY | 180.6% | 62.1% |
| EPS (diluted) | $-1.63 | $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 | $79.8M | $140.7M | ||
| Q3 25 | $81.1M | $118.8M | ||
| Q2 25 | $78.6M | $105.1M | ||
| Q1 25 | $79.5M | $104.2M | ||
| Q4 24 | $94.9M | $129.0M | ||
| Q3 24 | $95.4M | $118.6M | ||
| Q2 24 | $141.1M | $120.3M | ||
| Q1 24 | $179.3M | $120.0M |
| Q4 25 | $214.2M | $-3.2M | ||
| Q3 25 | $-144.0M | $-11.7M | ||
| Q2 25 | $-936.8M | $-17.3M | ||
| Q1 25 | $576.3M | $-19.1M | ||
| Q4 24 | $-265.5M | $-8.5M | ||
| Q3 24 | $-455.3M | $-39.2M | ||
| Q2 24 | $-902.2M | $27.0K | ||
| Q1 24 | $210.7M | $-50.2M |
| Q4 25 | 26.0% | 41.9% | ||
| Q3 25 | 4.8% | 42.8% | ||
| Q2 25 | 6.4% | 35.9% | ||
| Q1 25 | 10.3% | 39.4% | ||
| Q4 24 | 5.0% | 42.9% | ||
| Q3 24 | -0.2% | 29.7% | ||
| Q2 24 | 27.5% | 40.7% | ||
| Q1 24 | 43.3% | 34.8% |
| Q4 25 | -149.5% | -1.6% | ||
| Q3 25 | -67.6% | -10.2% | ||
| Q2 25 | -33.4% | -13.5% | ||
| Q1 25 | -59.1% | -13.9% | ||
| Q4 24 | -41.9% | -6.0% | ||
| Q3 24 | -43.2% | -39.5% | ||
| Q2 24 | -64.3% | -12.1% | ||
| Q1 24 | 30.8% | -19.3% |
| Q4 25 | 268.5% | -2.3% | ||
| Q3 25 | -177.6% | -9.9% | ||
| Q2 25 | -1191.4% | -16.5% | ||
| Q1 25 | 724.6% | -18.4% | ||
| Q4 24 | -279.7% | -6.6% | ||
| Q3 24 | -477.4% | -33.1% | ||
| Q2 24 | -639.4% | 0.0% | ||
| Q1 24 | 117.5% | -41.8% |
| Q4 25 | $-1.63 | $0.03 | ||
| Q3 25 | $-0.45 | $0.11 | ||
| Q2 25 | $-0.04 | $0.16 | ||
| Q1 25 | $1.24 | $0.18 | ||
| Q4 24 | $0.51 | $0.08 | ||
| Q3 24 | $-1.17 | $0.36 | ||
| Q2 24 | $-5.05 | $0.00 | ||
| Q1 24 | $0.78 | $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 | $311.4M | $24.3M |
| Total DebtLower is stronger | — | $126.7M |
| Stockholders' EquityBook value | $-962.7M | $-29.7M |
| Total Assets | $2.3B | $296.3M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $311.4M | $24.3M | ||
| Q3 25 | $453.4M | $32.4M | ||
| Q2 25 | $581.3M | $34.2M | ||
| Q1 25 | $697.9M | $21.6M | ||
| Q4 24 | $836.2M | $29.0M | ||
| Q3 24 | $253.0M | $23.4M | ||
| Q2 24 | $96.1M | $23.4M | ||
| Q1 24 | $98.1M | $34.5M |
| Q4 25 | — | $126.7M | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $70.7M | ||
| Q3 24 | — | $50.8M | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $-962.7M | $-29.7M | ||
| Q3 25 | $-1.3B | $-26.9M | ||
| Q2 25 | $-1.2B | $-15.6M | ||
| Q1 25 | $-308.8M | $1.3M | ||
| Q4 24 | $-943.0M | $20.2M | ||
| Q3 24 | $-826.7M | $28.0M | ||
| Q2 24 | $-1.2B | $66.4M | ||
| Q1 24 | $-318.5M | $65.5M |
| Q4 25 | $2.3B | $296.3M | ||
| Q3 25 | $2.2B | $302.1M | ||
| Q2 25 | $1.9B | $303.8M | ||
| Q1 25 | $1.5B | $293.8M | ||
| Q4 24 | $1.5B | $307.8M | ||
| Q3 24 | $824.6M | $309.3M | ||
| Q2 24 | $664.2M | $362.1M | ||
| Q1 24 | $814.0M | $382.1M |
| 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 | | |
|---|---|---|
| Operating Cash FlowLast quarter | $278.3M | $-5.8M |
| Free Cash FlowOCF − Capex | $-450.8M | $-7.8M |
| FCF MarginFCF / Revenue | -565.1% | -5.5% |
| Capex IntensityCapex / Revenue | 914.0% | 1.4% |
| Cash ConversionOCF / Net Profit | 1.30× | — |
| TTM Free Cash FlowTrailing 4 quarters | $-779.8M | $-41.9M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $278.3M | $-5.8M | ||
| Q3 25 | $131.8M | $-968.0K | ||
| Q2 25 | $34.0M | $-4.0M | ||
| Q1 25 | $-45.0M | $-23.1M | ||
| Q4 24 | $42.9M | $6.8M | ||
| Q3 24 | $5.7M | $1.1M | ||
| Q2 24 | $1.2M | $-8.9M | ||
| Q1 24 | $22.2M | $-16.8M |
| Q4 25 | $-450.8M | $-7.8M | ||
| Q3 25 | $-112.7M | $-1.8M | ||
| Q2 25 | $-87.3M | $-7.0M | ||
| Q1 25 | $-129.0M | $-25.3M | ||
| Q4 24 | $-52.1M | $5.7M | ||
| Q3 24 | $-25.5M | $101.0K | ||
| Q2 24 | $-1.9M | $-11.0M | ||
| Q1 24 | $-9.7M | $-19.9M |
| Q4 25 | -565.1% | -5.5% | ||
| Q3 25 | -139.0% | -1.5% | ||
| Q2 25 | -111.0% | -6.6% | ||
| Q1 25 | -162.2% | -24.3% | ||
| Q4 24 | -54.8% | 4.4% | ||
| Q3 24 | -26.7% | 0.1% | ||
| Q2 24 | -1.4% | -9.2% | ||
| Q1 24 | -5.4% | -16.5% |
| Q4 25 | 914.0% | 1.4% | ||
| Q3 25 | 301.5% | 0.7% | ||
| Q2 25 | 154.2% | 2.8% | ||
| Q1 25 | 105.6% | 2.2% | ||
| Q4 24 | 100.0% | 0.8% | ||
| Q3 24 | 32.7% | 0.9% | ||
| Q2 24 | 2.2% | 1.7% | ||
| Q1 24 | 17.8% | 2.5% |
| Q4 25 | 1.30× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | -0.08× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | -330.22× | ||
| Q1 24 | 0.11× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
CORZ
| Other | $36.3M | 46% |
| Digital Asset Self Mining Service | $31.8M | 40% |
| Colocation Service | $11.6M | 15% |
PRPL
| Cost Of Revenues | $81.7M | 58% |
| Other | $59.0M | 42% |
