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Side-by-side financial comparison of CSW INDUSTRIALS, INC. (CSW) and Purple Innovation, Inc. (PRPL). Click either name above to swap in a different company.
CSW INDUSTRIALS, INC. is the larger business by last-quarter revenue ($233.0M vs $140.7M, roughly 1.7× Purple Innovation, Inc.). CSW INDUSTRIALS, INC. runs the higher net margin — 4.4% vs -2.3%, a 6.7% gap on every dollar of revenue. On growth, CSW INDUSTRIALS, INC. posted the faster year-over-year revenue change (20.3% vs 9.1%). CSW INDUSTRIALS, INC. produced more free cash flow last quarter ($22.7M vs $-7.8M). Over the past eight quarters, Purple Innovation, Inc.'s revenue compounded faster (8.3% CAGR vs 5.1%).
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.”
CSW vs PRPL — Head-to-Head
Income Statement — Q3 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $233.0M | $140.7M |
| Net Profit | $10.3M | $-3.2M |
| Gross Margin | 39.7% | 41.9% |
| Operating Margin | 7.4% | -1.6% |
| Net Margin | 4.4% | -2.3% |
| Revenue YoY | 20.3% | 9.1% |
| Net Profit YoY | -61.9% | 62.1% |
| EPS (diluted) | $0.62 | $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 | $233.0M | $140.7M | ||
| Q3 25 | $277.0M | $118.8M | ||
| Q2 25 | $263.6M | $105.1M | ||
| Q1 25 | $230.5M | $104.2M | ||
| Q4 24 | $193.6M | $129.0M | ||
| Q3 24 | $227.9M | $118.6M | ||
| Q2 24 | $226.2M | $120.3M | ||
| Q1 24 | $210.9M | $120.0M |
| Q4 25 | $10.3M | $-3.2M | ||
| Q3 25 | $40.7M | $-11.7M | ||
| Q2 25 | $40.9M | $-17.3M | ||
| Q1 25 | $35.1M | $-19.1M | ||
| Q4 24 | $26.9M | $-8.5M | ||
| Q3 24 | $36.1M | $-39.2M | ||
| Q2 24 | $38.6M | $27.0K | ||
| Q1 24 | $31.8M | $-50.2M |
| Q4 25 | 39.7% | 41.9% | ||
| Q3 25 | 43.0% | 42.8% | ||
| Q2 25 | 43.8% | 35.9% | ||
| Q1 25 | 44.2% | 39.4% | ||
| Q4 24 | 41.4% | 42.9% | ||
| Q3 24 | 45.6% | 29.7% | ||
| Q2 24 | 47.5% | 40.7% | ||
| Q1 24 | 44.4% | 34.8% |
| Q4 25 | 7.4% | -1.6% | ||
| Q3 25 | 20.5% | -10.2% | ||
| Q2 25 | 20.8% | -13.5% | ||
| Q1 25 | 19.5% | -13.9% | ||
| Q4 24 | 15.3% | -6.0% | ||
| Q3 24 | 22.6% | -39.5% | ||
| Q2 24 | 24.3% | -12.1% | ||
| Q1 24 | 21.0% | -19.3% |
| Q4 25 | 4.4% | -2.3% | ||
| Q3 25 | 14.7% | -9.9% | ||
| Q2 25 | 15.5% | -16.5% | ||
| Q1 25 | 15.2% | -18.4% | ||
| Q4 24 | 13.9% | -6.6% | ||
| Q3 24 | 15.8% | -33.1% | ||
| Q2 24 | 17.1% | 0.0% | ||
| Q1 24 | 15.1% | -41.8% |
| Q4 25 | $0.62 | $0.03 | ||
| Q3 25 | $2.41 | $0.11 | ||
| Q2 25 | $2.43 | $0.16 | ||
| Q1 25 | $2.05 | $0.18 | ||
| Q4 24 | $1.60 | $0.08 | ||
| Q3 24 | $2.26 | $0.36 | ||
| Q2 24 | $2.47 | $0.00 | ||
| Q1 24 | $2.03 | $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 | $40.2M | $24.3M |
| Total DebtLower is stronger | — | $126.7M |
| Stockholders' EquityBook value | $1.1B | $-29.7M |
| Total Assets | $2.3B | $296.3M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $40.2M | $24.3M | ||
| Q3 25 | $31.5M | $32.4M | ||
| Q2 25 | $38.0M | $34.2M | ||
| Q1 25 | $225.8M | $21.6M | ||
| Q4 24 | $213.8M | $29.0M | ||
| Q3 24 | $273.2M | $23.4M | ||
| Q2 24 | $18.9M | $23.4M | ||
| Q1 24 | $22.2M | $34.5M |
| Q4 25 | — | $126.7M | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | $800.1M | — | ||
| Q4 24 | — | $70.7M | ||
| Q3 24 | — | $50.8M | ||
| Q2 24 | — | — | ||
| Q1 24 | $166.0M | — |
| Q4 25 | $1.1B | $-29.7M | ||
| Q3 25 | $1.1B | $-26.9M | ||
| Q2 25 | $1.1B | $-15.6M | ||
| Q1 25 | $1.1B | $1.3M | ||
| Q4 24 | $1.0B | $20.2M | ||
| Q3 24 | $1.0B | $28.0M | ||
| Q2 24 | $650.2M | $66.4M | ||
| Q1 24 | $615.7M | $65.5M |
| Q4 25 | $2.3B | $296.3M | ||
| Q3 25 | $1.5B | $302.1M | ||
| Q2 25 | $1.5B | $303.8M | ||
| Q1 25 | $1.4B | $293.8M | ||
| Q4 24 | $1.4B | $307.8M | ||
| Q3 24 | $1.4B | $309.3M | ||
| Q2 24 | $1.1B | $362.1M | ||
| Q1 24 | $1.0B | $382.1M |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | 0.75× | — | ||
| Q4 24 | — | 3.50× | ||
| Q3 24 | — | 1.82× | ||
| Q2 24 | — | — | ||
| Q1 24 | 0.27× | — |
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 | $28.9M | $-5.8M |
| Free Cash FlowOCF − Capex | $22.7M | $-7.8M |
| FCF MarginFCF / Revenue | 9.8% | -5.5% |
| Capex IntensityCapex / Revenue | 2.6% | 1.4% |
| Cash ConversionOCF / Net Profit | 2.81× | — |
| TTM Free Cash FlowTrailing 4 quarters | $162.0M | $-41.9M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $28.9M | $-5.8M | ||
| Q3 25 | $61.8M | $-968.0K | ||
| Q2 25 | $60.6M | $-4.0M | ||
| Q1 25 | $27.3M | $-23.1M | ||
| Q4 24 | $11.6M | $6.8M | ||
| Q3 24 | $66.8M | $1.1M | ||
| Q2 24 | $62.7M | $-8.9M | ||
| Q1 24 | $22.4M | $-16.8M |
| Q4 25 | $22.7M | $-7.8M | ||
| Q3 25 | $58.7M | $-1.8M | ||
| Q2 25 | $57.7M | $-7.0M | ||
| Q1 25 | $22.8M | $-25.3M | ||
| Q4 24 | $8.5M | $5.7M | ||
| Q3 24 | $61.3M | $101.0K | ||
| Q2 24 | $59.6M | $-11.0M | ||
| Q1 24 | $17.5M | $-19.9M |
| Q4 25 | 9.8% | -5.5% | ||
| Q3 25 | 21.2% | -1.5% | ||
| Q2 25 | 21.9% | -6.6% | ||
| Q1 25 | 9.9% | -24.3% | ||
| Q4 24 | 4.4% | 4.4% | ||
| Q3 24 | 26.9% | 0.1% | ||
| Q2 24 | 26.3% | -9.2% | ||
| Q1 24 | 8.3% | -16.5% |
| Q4 25 | 2.6% | 1.4% | ||
| Q3 25 | 1.1% | 0.7% | ||
| Q2 25 | 1.1% | 2.8% | ||
| Q1 25 | 2.0% | 2.2% | ||
| Q4 24 | 1.6% | 0.8% | ||
| Q3 24 | 2.4% | 0.9% | ||
| Q2 24 | 1.4% | 1.7% | ||
| Q1 24 | 2.3% | 2.5% |
| Q4 25 | 2.81× | — | ||
| Q3 25 | 1.52× | — | ||
| Q2 25 | 1.48× | — | ||
| Q1 25 | 0.78× | — | ||
| Q4 24 | 0.43× | — | ||
| Q3 24 | 1.85× | — | ||
| Q2 24 | 1.62× | -330.22× | ||
| Q1 24 | 0.71× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
CSW
| Contractor Solutions Segment | $166.3M | 71% |
| Specialized Reliability Solutions Segment | $38.2M | 16% |
| Engineered Building Solutions Segment | $28.5M | 12% |
PRPL
| Cost Of Revenues | $81.7M | 58% |
| Other | $59.0M | 42% |
