vs
Side-by-side financial comparison of Claritev Corp (CTEV) and Purple Innovation, Inc. (PRPL). Click either name above to swap in a different company.
Claritev Corp is the larger business by last-quarter revenue ($246.6M vs $140.7M, roughly 1.8× Purple Innovation, Inc.). Purple Innovation, Inc. runs the higher net margin — -2.3% vs -32.7%, a 30.4% gap on every dollar of revenue. On growth, Purple Innovation, Inc. posted the faster year-over-year revenue change (9.1% vs 6.2%). Claritev Corp produced more free cash flow last quarter ($36.4M vs $-7.8M). Over the past eight quarters, Purple Innovation, Inc.'s revenue compounded faster (8.3% CAGR vs 2.5%).
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.”
CTEV vs PRPL — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $246.6M | $140.7M |
| Net Profit | $-80.6M | $-3.2M |
| Gross Margin | — | 41.9% |
| Operating Margin | -3.1% | -1.6% |
| Net Margin | -32.7% | -2.3% |
| Revenue YoY | 6.2% | 9.1% |
| Net Profit YoY | 41.6% | 62.1% |
| EPS (diluted) | $-4.88 | $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 | $246.6M | $140.7M | ||
| Q3 25 | $246.0M | $118.8M | ||
| Q2 25 | $241.6M | $105.1M | ||
| Q1 25 | $231.3M | $104.2M | ||
| Q4 24 | $232.1M | $129.0M | ||
| Q3 24 | $230.5M | $118.6M | ||
| Q2 24 | $233.5M | $120.3M | ||
| Q1 24 | $234.5M | $120.0M |
| Q4 25 | $-80.6M | $-3.2M | ||
| Q3 25 | $-69.8M | $-11.7M | ||
| Q2 25 | $-62.6M | $-17.3M | ||
| Q1 25 | $-71.3M | $-19.1M | ||
| Q4 24 | $-138.0M | $-8.5M | ||
| Q3 24 | $-391.4M | $-39.2M | ||
| Q2 24 | $-576.7M | $27.0K | ||
| Q1 24 | $-539.7M | $-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 | -3.1% | -1.6% | ||
| Q3 25 | 4.1% | -10.2% | ||
| Q2 25 | 6.9% | -13.5% | ||
| Q1 25 | 4.2% | -13.9% | ||
| Q4 24 | -17.8% | -6.0% | ||
| Q3 24 | -146.7% | -39.5% | ||
| Q2 24 | -224.4% | -12.1% | ||
| Q1 24 | -207.4% | -19.3% |
| Q4 25 | -32.7% | -2.3% | ||
| Q3 25 | -28.4% | -9.9% | ||
| Q2 25 | -25.9% | -16.5% | ||
| Q1 25 | -30.8% | -18.4% | ||
| Q4 24 | -59.4% | -6.6% | ||
| Q3 24 | -169.8% | -33.1% | ||
| Q2 24 | -247.0% | 0.0% | ||
| Q1 24 | -230.1% | -41.8% |
| Q4 25 | $-4.88 | $0.03 | ||
| Q3 25 | $-4.23 | $0.11 | ||
| Q2 25 | $-3.81 | $0.16 | ||
| Q1 25 | $-4.38 | $0.18 | ||
| Q4 24 | $-8.49 | $0.08 | ||
| Q3 24 | $-24.25 | $0.36 | ||
| Q2 24 | $-35.78 | $0.00 | ||
| Q1 24 | $-33.40 | $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 | $16.8M | $24.3M |
| Total DebtLower is stronger | $4.6B | $126.7M |
| Stockholders' EquityBook value | $-173.9M | $-29.7M |
| Total Assets | $4.9B | $296.3M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $16.8M | $24.3M | ||
| Q3 25 | $39.2M | $32.4M | ||
| Q2 25 | $56.4M | $34.2M | ||
| Q1 25 | $23.1M | $21.6M | ||
| Q4 24 | $16.8M | $29.0M | ||
| Q3 24 | $86.6M | $23.4M | ||
| Q2 24 | $48.8M | $23.4M | ||
| Q1 24 | $58.7M | $34.5M |
| Q4 25 | $4.6B | $126.7M | ||
| Q3 25 | $4.5B | — | ||
| Q2 25 | $4.5B | — | ||
| Q1 25 | $4.5B | — | ||
| Q4 24 | $4.5B | $70.7M | ||
| Q3 24 | $4.5B | $50.8M | ||
| Q2 24 | $4.5B | — | ||
| Q1 24 | $4.5B | — |
| Q4 25 | $-173.9M | $-29.7M | ||
| Q3 25 | $-101.8M | $-26.9M | ||
| Q2 25 | $-39.9M | $-15.6M | ||
| Q1 25 | $14.8M | $1.3M | ||
| Q4 24 | $84.0M | $20.2M | ||
| Q3 24 | $207.6M | $28.0M | ||
| Q2 24 | $603.4M | $66.4M | ||
| Q1 24 | $1.2B | $65.5M |
| Q4 25 | $4.9B | $296.3M | ||
| Q3 25 | $5.0B | $302.1M | ||
| Q2 25 | $5.1B | $303.8M | ||
| Q1 25 | $5.1B | $293.8M | ||
| Q4 24 | $5.2B | $307.8M | ||
| Q3 24 | $5.3B | $309.3M | ||
| Q2 24 | $5.7B | $362.1M | ||
| Q1 24 | $6.4B | $382.1M |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | 304.87× | — | ||
| Q4 24 | 53.67× | 3.50× | ||
| Q3 24 | 21.73× | 1.82× | ||
| Q2 24 | 7.48× | — | ||
| Q1 24 | 3.85× | — |
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 | $66.3M | $-5.8M |
| Free Cash FlowOCF − Capex | $36.4M | $-7.8M |
| FCF MarginFCF / Revenue | 14.8% | -5.5% |
| Capex IntensityCapex / Revenue | 12.1% | 1.4% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $-12.3M | $-41.9M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $66.3M | $-5.8M | ||
| Q3 25 | $19.9M | $-968.0K | ||
| Q2 25 | $61.2M | $-4.0M | ||
| Q1 25 | $-30.1M | $-23.1M | ||
| Q4 24 | $-33.4M | $6.8M | ||
| Q3 24 | $72.8M | $1.1M | ||
| Q2 24 | $18.5M | $-8.9M | ||
| Q1 24 | $49.7M | $-16.8M |
| Q4 25 | $36.4M | $-7.8M | ||
| Q3 25 | $-16.3M | $-1.8M | ||
| Q2 25 | $36.6M | $-7.0M | ||
| Q1 25 | $-68.9M | $-25.3M | ||
| Q4 24 | $-63.8M | $5.7M | ||
| Q3 24 | $41.1M | $101.0K | ||
| Q2 24 | $-7.0M | $-11.0M | ||
| Q1 24 | $19.2M | $-19.9M |
| Q4 25 | 14.8% | -5.5% | ||
| Q3 25 | -6.6% | -1.5% | ||
| Q2 25 | 15.2% | -6.6% | ||
| Q1 25 | -29.8% | -24.3% | ||
| Q4 24 | -27.5% | 4.4% | ||
| Q3 24 | 17.8% | 0.1% | ||
| Q2 24 | -3.0% | -9.2% | ||
| Q1 24 | 8.2% | -16.5% |
| Q4 25 | 12.1% | 1.4% | ||
| Q3 25 | 14.7% | 0.7% | ||
| Q2 25 | 10.2% | 2.8% | ||
| Q1 25 | 16.8% | 2.2% | ||
| Q4 24 | 13.1% | 0.8% | ||
| Q3 24 | 13.8% | 0.9% | ||
| Q2 24 | 10.9% | 1.7% | ||
| Q1 24 | 13.0% | 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
CTEV
Segment breakdown not available.
PRPL
| Cost Of Revenues | $81.7M | 58% |
| Other | $59.0M | 42% |
