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Side-by-side financial comparison of FIRST MID BANCSHARES, INC. (FMBH) 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 $88.2M, roughly 1.6× FIRST MID BANCSHARES, INC.). FIRST MID BANCSHARES, INC. runs the higher net margin — 26.8% vs -2.3%, a 29.1% gap on every dollar of revenue. On growth, Purple Innovation, Inc. posted the faster year-over-year revenue change (9.1% vs 3.4%). FIRST MID BANCSHARES, INC. produced more free cash flow last quarter ($124.0M vs $-7.8M). Over the past eight quarters, Purple Innovation, Inc.'s revenue compounded faster (8.3% CAGR vs 5.0%).
First Mid Bancshares Inc. is a U.S.-headquartered regional financial services holding company. It provides full-range retail and commercial banking products, wealth management, insurance solutions, and agricultural financing, mainly serving individual consumers, small and medium-sized enterprises, and agricultural clients across multiple Midwestern states including Illinois, Missouri, and Indiana.
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.”
FMBH vs PRPL — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $88.2M | $140.7M |
| Net Profit | $23.7M | $-3.2M |
| Gross Margin | — | 41.9% |
| Operating Margin | 34.0% | -1.6% |
| Net Margin | 26.8% | -2.3% |
| Revenue YoY | 3.4% | 9.1% |
| Net Profit YoY | 23.5% | 62.1% |
| EPS (diluted) | $0.98 | $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 | $88.2M | $140.7M | ||
| Q3 25 | $89.3M | $118.8M | ||
| Q2 25 | $87.5M | $105.1M | ||
| Q1 25 | $84.3M | $104.2M | ||
| Q4 24 | $85.3M | $129.0M | ||
| Q3 24 | $80.6M | $118.6M | ||
| Q2 24 | $79.2M | $120.3M | ||
| Q1 24 | $79.9M | $120.0M |
| Q4 25 | $23.7M | $-3.2M | ||
| Q3 25 | $22.5M | $-11.7M | ||
| Q2 25 | $23.4M | $-17.3M | ||
| Q1 25 | $22.2M | $-19.1M | ||
| Q4 24 | $19.2M | $-8.5M | ||
| Q3 24 | $19.5M | $-39.2M | ||
| Q2 24 | $19.7M | $27.0K | ||
| Q1 24 | $20.5M | $-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 | 34.0% | -1.6% | ||
| Q3 25 | 32.2% | -10.2% | ||
| Q2 25 | 34.4% | -13.5% | ||
| Q1 25 | 33.4% | -13.9% | ||
| Q4 24 | 29.7% | -6.0% | ||
| Q3 24 | 31.5% | -39.5% | ||
| Q2 24 | 33.7% | -12.1% | ||
| Q1 24 | 33.7% | -19.3% |
| Q4 25 | 26.8% | -2.3% | ||
| Q3 25 | 25.2% | -9.9% | ||
| Q2 25 | 26.8% | -16.5% | ||
| Q1 25 | 26.3% | -18.4% | ||
| Q4 24 | 22.5% | -6.6% | ||
| Q3 24 | 24.2% | -33.1% | ||
| Q2 24 | 24.9% | 0.0% | ||
| Q1 24 | 25.6% | -41.8% |
| Q4 25 | $0.98 | $0.03 | ||
| Q3 25 | $0.94 | $0.11 | ||
| Q2 25 | $0.98 | $0.16 | ||
| Q1 25 | $0.93 | $0.18 | ||
| Q4 24 | $0.81 | $0.08 | ||
| Q3 24 | $0.81 | $0.36 | ||
| Q2 24 | $0.82 | $0.00 | ||
| Q1 24 | $0.86 | $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 | — | $24.3M |
| Total DebtLower is stronger | $354.5M | $126.7M |
| Stockholders' EquityBook value | $958.7M | $-29.7M |
| Total Assets | $8.0B | $296.3M |
| Debt / EquityLower = less leverage | 0.37× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $24.3M | ||
| Q3 25 | — | $32.4M | ||
| Q2 25 | — | $34.2M | ||
| Q1 25 | — | $21.6M | ||
| Q4 24 | — | $29.0M | ||
| Q3 24 | — | $23.4M | ||
| Q2 24 | — | $23.4M | ||
| Q1 24 | — | $34.5M |
| Q4 25 | $354.5M | $126.7M | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $70.7M | ||
| Q3 24 | — | $50.8M | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $958.7M | $-29.7M | ||
| Q3 25 | $932.2M | $-26.9M | ||
| Q2 25 | $894.1M | $-15.6M | ||
| Q1 25 | $870.9M | $1.3M | ||
| Q4 24 | $846.4M | $20.2M | ||
| Q3 24 | $858.5M | $28.0M | ||
| Q2 24 | $813.6M | $66.4M | ||
| Q1 24 | $798.0M | $65.5M |
| Q4 25 | $8.0B | $296.3M | ||
| Q3 25 | $7.8B | $302.1M | ||
| Q2 25 | $7.7B | $303.8M | ||
| Q1 25 | $7.6B | $293.8M | ||
| Q4 24 | $7.5B | $307.8M | ||
| Q3 24 | $7.6B | $309.3M | ||
| Q2 24 | $7.6B | $362.1M | ||
| Q1 24 | $7.7B | $382.1M |
| Q4 25 | 0.37× | — | ||
| 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 | $130.9M | $-5.8M |
| Free Cash FlowOCF − Capex | $124.0M | $-7.8M |
| FCF MarginFCF / Revenue | 140.6% | -5.5% |
| Capex IntensityCapex / Revenue | 7.8% | 1.4% |
| Cash ConversionOCF / Net Profit | 5.53× | — |
| TTM Free Cash FlowTrailing 4 quarters | $207.9M | $-41.9M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $130.9M | $-5.8M | ||
| Q3 25 | $33.0M | $-968.0K | ||
| Q2 25 | $7.7M | $-4.0M | ||
| Q1 25 | $47.9M | $-23.1M | ||
| Q4 24 | $124.4M | $6.8M | ||
| Q3 24 | $33.1M | $1.1M | ||
| Q2 24 | $24.0M | $-8.9M | ||
| Q1 24 | $29.0M | $-16.8M |
| Q4 25 | $124.0M | $-7.8M | ||
| Q3 25 | $31.9M | $-1.8M | ||
| Q2 25 | $6.0M | $-7.0M | ||
| Q1 25 | $46.0M | $-25.3M | ||
| Q4 24 | $119.5M | $5.7M | ||
| Q3 24 | $32.0M | $101.0K | ||
| Q2 24 | $22.9M | $-11.0M | ||
| Q1 24 | $27.6M | $-19.9M |
| Q4 25 | 140.6% | -5.5% | ||
| Q3 25 | 35.8% | -1.5% | ||
| Q2 25 | 6.8% | -6.6% | ||
| Q1 25 | 54.5% | -24.3% | ||
| Q4 24 | 140.0% | 4.4% | ||
| Q3 24 | 39.7% | 0.1% | ||
| Q2 24 | 28.9% | -9.2% | ||
| Q1 24 | 34.5% | -16.5% |
| Q4 25 | 7.8% | 1.4% | ||
| Q3 25 | 1.2% | 0.7% | ||
| Q2 25 | 2.0% | 2.8% | ||
| Q1 25 | 2.3% | 2.2% | ||
| Q4 24 | 5.8% | 0.8% | ||
| Q3 24 | 1.4% | 0.9% | ||
| Q2 24 | 1.4% | 1.7% | ||
| Q1 24 | 1.9% | 2.5% |
| Q4 25 | 5.53× | — | ||
| Q3 25 | 1.47× | — | ||
| Q2 25 | 0.33× | — | ||
| Q1 25 | 2.16× | — | ||
| Q4 24 | 6.49× | — | ||
| Q3 24 | 1.70× | — | ||
| Q2 24 | 1.21× | -330.22× | ||
| Q1 24 | 1.42× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
FMBH
Segment breakdown not available.
PRPL
| Cost Of Revenues | $81.7M | 58% |
| Other | $59.0M | 42% |
