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Side-by-side financial comparison of Forestar Group Inc. (FOR) and Purple Innovation, Inc. (PRPL). Click either name above to swap in a different company.

Forestar Group Inc. is the larger business by last-quarter revenue ($273.0M vs $140.7M, roughly 1.9× Purple Innovation, Inc.). Forestar Group Inc. runs the higher net margin — 5.6% vs -2.3%, a 7.9% gap on every dollar of revenue. On growth, Purple Innovation, Inc. posted the faster year-over-year revenue change (9.1% vs 9.0%). Purple Innovation, Inc. produced more free cash flow last quarter ($-7.8M vs $-157.1M). Over the past eight quarters, Purple Innovation, Inc.'s revenue compounded faster (8.3% CAGR vs -9.6%).

Forestar Group Inc. is a residential lot development company based in Arlington, Texas. The company has operations in 51 markets in 21 states and delivered 11,518 residential lots during the twelve-month period ended December 31, 2020. The company is publicly traded on the New York Stock Exchange and in October 2017 became a majority-owned subsidiary of D.R. Horton, Inc., the largest homebuilder by volume in the United States since 2002. The company primarily acquires entitled real estate and...

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.”

FOR vs PRPL — Head-to-Head

Bigger by revenue
FOR
FOR
1.9× larger
FOR
$273.0M
$140.7M
PRPL
Growing faster (revenue YoY)
PRPL
PRPL
+0.1% gap
PRPL
9.1%
9.0%
FOR
Higher net margin
FOR
FOR
7.9% more per $
FOR
5.6%
-2.3%
PRPL
More free cash flow
PRPL
PRPL
$149.3M more FCF
PRPL
$-7.8M
$-157.1M
FOR
Faster 2-yr revenue CAGR
PRPL
PRPL
Annualised
PRPL
8.3%
-9.6%
FOR

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
FOR
FOR
PRPL
PRPL
Revenue
$273.0M
$140.7M
Net Profit
$15.4M
$-3.2M
Gross Margin
20.1%
41.9%
Operating Margin
7.6%
-1.6%
Net Margin
5.6%
-2.3%
Revenue YoY
9.0%
9.1%
Net Profit YoY
-6.7%
62.1%
EPS (diluted)
$0.30
$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.

Revenue
FOR
FOR
PRPL
PRPL
Q4 25
$273.0M
$140.7M
Q3 25
$670.5M
$118.8M
Q2 25
$390.5M
$105.1M
Q1 25
$351.0M
$104.2M
Q4 24
$250.4M
$129.0M
Q3 24
$551.3M
$118.6M
Q2 24
$318.4M
$120.3M
Q1 24
$333.8M
$120.0M
Net Profit
FOR
FOR
PRPL
PRPL
Q4 25
$15.4M
$-3.2M
Q3 25
$86.9M
$-11.7M
Q2 25
$32.9M
$-17.3M
Q1 25
$31.6M
$-19.1M
Q4 24
$16.5M
$-8.5M
Q3 24
$81.5M
$-39.2M
Q2 24
$38.7M
$27.0K
Q1 24
$45.0M
$-50.2M
Gross Margin
FOR
FOR
PRPL
PRPL
Q4 25
20.1%
41.9%
Q3 25
22.3%
42.8%
Q2 25
20.4%
35.9%
Q1 25
22.6%
39.4%
Q4 24
22.0%
42.9%
Q3 24
23.9%
29.7%
Q2 24
22.5%
40.7%
Q1 24
24.9%
34.8%
Operating Margin
FOR
FOR
PRPL
PRPL
Q4 25
7.6%
-1.6%
Q3 25
16.9%
-10.2%
Q2 25
11.2%
-13.5%
Q1 25
11.6%
-13.9%
Q4 24
8.7%
-6.0%
Q3 24
19.7%
-39.5%
Q2 24
16.2%
-12.1%
Q1 24
17.6%
-19.3%
Net Margin
FOR
FOR
PRPL
PRPL
Q4 25
5.6%
-2.3%
Q3 25
13.0%
-9.9%
Q2 25
8.4%
-16.5%
Q1 25
9.0%
-18.4%
Q4 24
6.6%
-6.6%
Q3 24
14.8%
-33.1%
Q2 24
12.2%
0.0%
Q1 24
13.5%
-41.8%
EPS (diluted)
FOR
FOR
PRPL
PRPL
Q4 25
$0.30
$0.03
Q3 25
$1.70
$0.11
Q2 25
$0.65
$0.16
Q1 25
$0.62
$0.18
Q4 24
$0.32
$0.08
Q3 24
$1.59
$0.36
Q2 24
$0.76
$0.00
Q1 24
$0.89
$0.47

Balance Sheet & Financial Strength

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

Metric
FOR
FOR
PRPL
PRPL
Cash + ST InvestmentsLiquidity on hand
$211.7M
$24.3M
Total DebtLower is stronger
$793.2M
$126.7M
Stockholders' EquityBook value
$1.8B
$-29.7M
Total Assets
$3.2B
$296.3M
Debt / EquityLower = less leverage
0.44×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FOR
FOR
PRPL
PRPL
Q4 25
$211.7M
$24.3M
Q3 25
$379.2M
$32.4M
Q2 25
$189.2M
$34.2M
Q1 25
$174.3M
$21.6M
Q4 24
$132.0M
$29.0M
Q3 24
$481.2M
$23.4M
Q2 24
$359.2M
$23.4M
Q1 24
$416.2M
$34.5M
Total Debt
FOR
FOR
PRPL
PRPL
Q4 25
$793.2M
$126.7M
Q3 25
$802.7M
Q2 25
$872.8M
Q1 25
$872.5M
Q4 24
$806.8M
$70.7M
Q3 24
$706.4M
$50.8M
Q2 24
$706.1M
Q1 24
$705.7M
Stockholders' Equity
FOR
FOR
PRPL
PRPL
Q4 25
$1.8B
$-29.7M
Q3 25
$1.8B
$-26.9M
Q2 25
$1.7B
$-15.6M
Q1 25
$1.6B
$1.3M
Q4 24
$1.6B
$20.2M
Q3 24
$1.6B
$28.0M
Q2 24
$1.5B
$66.4M
Q1 24
$1.5B
$65.5M
Total Assets
FOR
FOR
PRPL
PRPL
Q4 25
$3.2B
$296.3M
Q3 25
$3.1B
$302.1M
Q2 25
$3.1B
$303.8M
Q1 25
$3.0B
$293.8M
Q4 24
$3.0B
$307.8M
Q3 24
$2.8B
$309.3M
Q2 24
$2.7B
$362.1M
Q1 24
$2.6B
$382.1M
Debt / Equity
FOR
FOR
PRPL
PRPL
Q4 25
0.44×
Q3 25
0.45×
Q2 25
0.52×
Q1 25
0.53×
Q4 24
0.50×
3.50×
Q3 24
0.44×
1.82×
Q2 24
0.47×
Q1 24
0.48×

Cash Flow & Capital Efficiency

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

Metric
FOR
FOR
PRPL
PRPL
Operating Cash FlowLast quarter
$-157.0M
$-5.8M
Free Cash FlowOCF − Capex
$-157.1M
$-7.8M
FCF MarginFCF / Revenue
-57.5%
-5.5%
Capex IntensityCapex / Revenue
0.0%
1.4%
Cash ConversionOCF / Net Profit
-10.19×
TTM Free Cash FlowTrailing 4 quarters
$93.0M
$-41.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FOR
FOR
PRPL
PRPL
Q4 25
$-157.0M
$-5.8M
Q3 25
$256.3M
$-968.0K
Q2 25
$15.8M
$-4.0M
Q1 25
$-19.8M
$-23.1M
Q4 24
$-450.0M
$6.8M
Q3 24
$119.2M
$1.1M
Q2 24
$-61.7M
$-8.9M
Q1 24
$-59.2M
$-16.8M
Free Cash Flow
FOR
FOR
PRPL
PRPL
Q4 25
$-157.1M
$-7.8M
Q3 25
$255.6M
$-1.8M
Q2 25
$15.0M
$-7.0M
Q1 25
$-20.5M
$-25.3M
Q4 24
$5.7M
Q3 24
$118.4M
$101.0K
Q2 24
$-62.3M
$-11.0M
Q1 24
$-59.8M
$-19.9M
FCF Margin
FOR
FOR
PRPL
PRPL
Q4 25
-57.5%
-5.5%
Q3 25
38.1%
-1.5%
Q2 25
3.8%
-6.6%
Q1 25
-5.8%
-24.3%
Q4 24
4.4%
Q3 24
21.5%
0.1%
Q2 24
-19.6%
-9.2%
Q1 24
-17.9%
-16.5%
Capex Intensity
FOR
FOR
PRPL
PRPL
Q4 25
0.0%
1.4%
Q3 25
0.1%
0.7%
Q2 25
0.2%
2.8%
Q1 25
0.2%
2.2%
Q4 24
0.0%
0.8%
Q3 24
0.1%
0.9%
Q2 24
0.2%
1.7%
Q1 24
0.2%
2.5%
Cash Conversion
FOR
FOR
PRPL
PRPL
Q4 25
-10.19×
Q3 25
2.95×
Q2 25
0.48×
Q1 25
-0.63×
Q4 24
-27.27×
Q3 24
1.46×
Q2 24
-1.59×
-330.22×
Q1 24
-1.32×

Financial Flow Comparison

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

Revenue Breakdown by Segment

FOR
FOR

D.R.Horton Inc.$183.8M67%
Other$89.2M33%

PRPL
PRPL

Cost Of Revenues$81.7M58%
Other$59.0M42%

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