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Side-by-side financial comparison of CULP INC (CULP) and i3 Verticals, Inc. (IIIV). Click either name above to swap in a different company.

CULP INC is the larger business by last-quarter revenue ($53.2M vs $52.7M, roughly 1.0× i3 Verticals, Inc.). i3 Verticals, Inc. runs the higher net margin — 0.9% vs -8.1%, a 9.0% gap on every dollar of revenue. On growth, CULP INC posted the faster year-over-year revenue change (-4.4% vs -14.6%). i3 Verticals, Inc. produced more free cash flow last quarter ($13.8M vs $-510.0K). Over the past eight quarters, i3 Verticals, Inc.'s revenue compounded faster (-4.7% CAGR vs -6.2%).

Culp Inc is a leading global textile manufacturer specializing in upholstery fabrics for residential and commercial furniture, as well as mattress fabrics for bedding producers. It runs production and distribution facilities across North America, Asia, and Europe, serving clients across the global home furnishing and bedding sectors.

The Prusa i3 is a family of fused filament fabrication 3D printers, manufactured by Czech company Prusa Research under the trademarked name Original Prusa i3. Part of the RepRap project, Prusa i3 printers were called the most used 3D printer in the world in 2016. The first Prusa i3 was designed by Josef Průša in 2012, and was released as a commercial kit product in 2015. The latest model is available in both kit and factory assembled versions. The Prusa i3's comparable low cost and ease of co...

CULP vs IIIV — Head-to-Head

Bigger by revenue
CULP
CULP
1.0× larger
CULP
$53.2M
$52.7M
IIIV
Growing faster (revenue YoY)
CULP
CULP
+10.2% gap
CULP
-4.4%
-14.6%
IIIV
Higher net margin
IIIV
IIIV
9.0% more per $
IIIV
0.9%
-8.1%
CULP
More free cash flow
IIIV
IIIV
$14.3M more FCF
IIIV
$13.8M
$-510.0K
CULP
Faster 2-yr revenue CAGR
IIIV
IIIV
Annualised
IIIV
-4.7%
-6.2%
CULP

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
CULP
CULP
IIIV
IIIV
Revenue
$53.2M
$52.7M
Net Profit
$-4.3M
$484.0K
Gross Margin
10.9%
Operating Margin
-6.5%
3.1%
Net Margin
-8.1%
0.9%
Revenue YoY
-4.4%
-14.6%
Net Profit YoY
23.7%
-76.5%
EPS (diluted)
$-0.34
$0.02

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.

Revenue
CULP
CULP
IIIV
IIIV
Q4 25
$53.2M
$52.7M
Q3 25
$50.7M
$46.0M
Q2 25
$48.8M
$51.9M
Q1 25
$52.3M
$63.1M
Q4 24
$55.7M
$52.2M
Q3 24
$56.5M
$32.0M
Q2 24
$49.5M
$46.2M
Q1 24
$60.4M
$58.0M
Net Profit
CULP
CULP
IIIV
IIIV
Q4 25
$-4.3M
$484.0K
Q3 25
$-231.0K
$3.1M
Q2 25
$-2.1M
$12.9M
Q1 25
$-4.1M
$-154.0K
Q4 24
$-5.6M
$2.1M
Q3 24
$-7.3M
$117.9M
Q2 24
$-4.9M
$-7.5M
Q1 24
$-3.2M
$1.9M
Gross Margin
CULP
CULP
IIIV
IIIV
Q4 25
10.9%
Q3 25
14.3%
Q2 25
15.7%
Q1 25
12.1%
Q4 24
10.8%
Q3 24
9.0%
Q2 24
10.5%
Q1 24
12.7%
Operating Margin
CULP
CULP
IIIV
IIIV
Q4 25
-6.5%
3.1%
Q3 25
3.2%
3.2%
Q2 25
-4.6%
-9.3%
Q1 25
-7.4%
8.0%
Q4 24
-9.7%
3.9%
Q3 24
-12.1%
10.6%
Q2 24
-8.6%
-2.8%
Q1 24
-2.9%
3.4%
Net Margin
CULP
CULP
IIIV
IIIV
Q4 25
-8.1%
0.9%
Q3 25
-0.5%
6.7%
Q2 25
-4.2%
24.8%
Q1 25
-7.9%
-0.2%
Q4 24
-10.1%
3.9%
Q3 24
-12.8%
368.2%
Q2 24
-9.8%
-16.3%
Q1 24
-5.3%
3.2%
EPS (diluted)
CULP
CULP
IIIV
IIIV
Q4 25
$-0.34
$0.02
Q3 25
$-0.02
$0.14
Q2 25
$-0.17
$0.50
Q1 25
$-0.33
$0.00
Q4 24
$-0.45
$0.08
Q3 24
$-0.58
$4.93
Q2 24
$-0.39
$-0.32
Q1 24
$-0.26
$0.08

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
CULP
CULP
IIIV
IIIV
Cash + ST InvestmentsLiquidity on hand
$10.7M
$37.5M
Total DebtLower is stronger
Stockholders' EquityBook value
$53.6M
$358.5M
Total Assets
$125.2M
$595.9M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CULP
CULP
IIIV
IIIV
Q4 25
$10.7M
$37.5M
Q3 25
$11.1M
$66.7M
Q2 25
$5.6M
$55.5M
Q1 25
$5.3M
$7.7M
Q4 24
$10.5M
$85.6M
Q3 24
$13.5M
$86.5M
Q2 24
$10.0M
$9.7M
Q1 24
$12.6M
$3.1M
Total Debt
CULP
CULP
IIIV
IIIV
Q4 25
Q3 25
$0
Q2 25
$0
Q1 25
$12.0M
Q4 24
$26.2M
Q3 24
$26.2M
Q2 24
$374.1M
Q1 24
$369.6M
Stockholders' Equity
CULP
CULP
IIIV
IIIV
Q4 25
$53.6M
$358.5M
Q3 25
$57.6M
$389.6M
Q2 25
$57.6M
$383.3M
Q1 25
$59.6M
$385.2M
Q4 24
$63.6M
$375.0M
Q3 24
$69.1M
$379.7M
Q2 24
$76.1M
$249.7M
Q1 24
$80.8M
$249.3M
Total Assets
CULP
CULP
IIIV
IIIV
Q4 25
$125.2M
$595.9M
Q3 25
$126.4M
$638.4M
Q2 25
$123.4M
$623.3M
Q1 25
$127.6M
$646.4M
Q4 24
$129.0M
$726.2M
Q3 24
$129.1M
$730.7M
Q2 24
$132.1M
$861.7M
Q1 24
$142.0M
$625.8M
Debt / Equity
CULP
CULP
IIIV
IIIV
Q4 25
Q3 25
0.00×
Q2 25
0.00×
Q1 25
0.03×
Q4 24
0.07×
Q3 24
0.07×
Q2 24
1.50×
Q1 24
1.48×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
CULP
CULP
IIIV
IIIV
Operating Cash FlowLast quarter
$-471.0K
$14.1M
Free Cash FlowOCF − Capex
$-510.0K
$13.8M
FCF MarginFCF / Revenue
-1.0%
26.2%
Capex IntensityCapex / Revenue
0.1%
0.6%
Cash ConversionOCF / Net Profit
29.18×
TTM Free Cash FlowTrailing 4 quarters
$-17.8M
$6.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CULP
CULP
IIIV
IIIV
Q4 25
$-471.0K
$14.1M
Q3 25
$-695.0K
$14.0M
Q2 25
$-8.2M
$7.4M
Q1 25
$-6.8M
$-27.1M
Q4 24
$-2.4M
$11.5M
Q3 24
$-206.0K
$15.1M
Q2 24
$-2.3M
$8.1M
Q1 24
$-1.5M
$10.7M
Free Cash Flow
CULP
CULP
IIIV
IIIV
Q4 25
$-510.0K
$13.8M
Q3 25
$-874.0K
$13.5M
Q2 25
$-8.7M
$6.8M
Q1 25
$-7.7M
$-27.6M
Q4 24
$-3.5M
$11.0M
Q3 24
$-707.0K
$14.6M
Q2 24
$-2.7M
$7.2M
Q1 24
$-2.8M
$9.9M
FCF Margin
CULP
CULP
IIIV
IIIV
Q4 25
-1.0%
26.2%
Q3 25
-1.7%
29.5%
Q2 25
-17.9%
13.1%
Q1 25
-14.6%
-43.8%
Q4 24
-6.3%
21.1%
Q3 24
-1.3%
45.6%
Q2 24
-5.5%
15.6%
Q1 24
-4.6%
17.1%
Capex Intensity
CULP
CULP
IIIV
IIIV
Q4 25
0.1%
0.6%
Q3 25
0.4%
0.9%
Q2 25
1.0%
1.0%
Q1 25
1.6%
0.8%
Q4 24
1.9%
0.9%
Q3 24
0.9%
1.7%
Q2 24
0.9%
1.9%
Q1 24
2.1%
1.4%
Cash Conversion
CULP
CULP
IIIV
IIIV
Q4 25
29.18×
Q3 25
4.52×
Q2 25
0.57×
Q1 25
Q4 24
5.59×
Q3 24
0.13×
Q2 24
Q1 24
5.72×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

CULP
CULP

Bedding Fabrics$30.8M58%
Upholstery$22.4M42%

IIIV
IIIV

License And Service$35.7M68%
Proprietary Payments Revenue$14.5M27%
Other Revenue$2.5M5%

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