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Side-by-side financial comparison of Fastly, Inc. (FSLY) and Purple Innovation, Inc. (PRPL). Click either name above to swap in a different company.
Fastly, Inc. is the larger business by last-quarter revenue ($172.6M vs $140.7M, roughly 1.2× Purple Innovation, Inc.). Purple Innovation, Inc. runs the higher net margin — -2.3% vs -9.0%, a 6.7% gap on every dollar of revenue. On growth, Fastly, Inc. posted the faster year-over-year revenue change (22.8% vs 9.1%). Fastly, Inc. produced more free cash flow last quarter ($12.2M vs $-7.8M). Over the past eight quarters, Fastly, Inc.'s revenue compounded faster (13.7% CAGR vs 8.3%).
Fastly, Inc. is an American company based in San Francisco, which describes itself as a cloud computing company. Fastly provides content delivery network services, image optimization, and load balancing services. Fastly's cloud security services include denial-of-service attack protection, bot mitigation, and a web application firewall.
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.”
FSLY vs PRPL — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $172.6M | $140.7M |
| Net Profit | $-15.5M | $-3.2M |
| Gross Margin | 61.4% | 41.9% |
| Operating Margin | -8.7% | -1.6% |
| Net Margin | -9.0% | -2.3% |
| Revenue YoY | 22.8% | 9.1% |
| Net Profit YoY | 52.9% | 62.1% |
| EPS (diluted) | $-0.10 | $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 | $172.6M | $140.7M | ||
| Q3 25 | $158.2M | $118.8M | ||
| Q2 25 | $148.7M | $105.1M | ||
| Q1 25 | $144.5M | $104.2M | ||
| Q4 24 | $140.6M | $129.0M | ||
| Q3 24 | $137.2M | $118.6M | ||
| Q2 24 | $132.4M | $120.3M | ||
| Q1 24 | $133.5M | $120.0M |
| Q4 25 | $-15.5M | $-3.2M | ||
| Q3 25 | $-29.5M | $-11.7M | ||
| Q2 25 | $-37.5M | $-17.3M | ||
| Q1 25 | $-39.1M | $-19.1M | ||
| Q4 24 | $-32.9M | $-8.5M | ||
| Q3 24 | $-38.0M | $-39.2M | ||
| Q2 24 | $-43.7M | $27.0K | ||
| Q1 24 | $-43.4M | $-50.2M |
| Q4 25 | 61.4% | 41.9% | ||
| Q3 25 | 58.4% | 42.8% | ||
| Q2 25 | 54.5% | 35.9% | ||
| Q1 25 | 53.2% | 39.4% | ||
| Q4 24 | 53.4% | 42.9% | ||
| Q3 24 | 54.5% | 29.7% | ||
| Q2 24 | 55.1% | 40.7% | ||
| Q1 24 | 54.8% | 34.8% |
| Q4 25 | -8.7% | -1.6% | ||
| Q3 25 | -18.2% | -10.2% | ||
| Q2 25 | -24.8% | -13.5% | ||
| Q1 25 | -26.4% | -13.9% | ||
| Q4 24 | -24.4% | -6.0% | ||
| Q3 24 | -29.6% | -39.5% | ||
| Q2 24 | -35.3% | -12.1% | ||
| Q1 24 | -34.6% | -19.3% |
| Q4 25 | -9.0% | -2.3% | ||
| Q3 25 | -18.6% | -9.9% | ||
| Q2 25 | -25.2% | -16.5% | ||
| Q1 25 | -27.1% | -18.4% | ||
| Q4 24 | -23.4% | -6.6% | ||
| Q3 24 | -27.7% | -33.1% | ||
| Q2 24 | -33.0% | 0.0% | ||
| Q1 24 | -32.5% | -41.8% |
| Q4 25 | $-0.10 | $0.03 | ||
| Q3 25 | $-0.20 | $0.11 | ||
| Q2 25 | $-0.26 | $0.16 | ||
| Q1 25 | $-0.27 | $0.18 | ||
| Q4 24 | $-0.23 | $0.08 | ||
| Q3 24 | $-0.27 | $0.36 | ||
| Q2 24 | $-0.32 | $0.00 | ||
| Q1 24 | $-0.32 | $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 | $361.8M | $24.3M |
| Total DebtLower is stronger | — | $126.7M |
| Stockholders' EquityBook value | $929.6M | $-29.7M |
| Total Assets | $1.5B | $296.3M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $361.8M | $24.3M | ||
| Q3 25 | $342.9M | $32.4M | ||
| Q2 25 | $321.2M | $34.2M | ||
| Q1 25 | $307.3M | $21.6M | ||
| Q4 24 | $295.9M | $29.0M | ||
| Q3 24 | $308.2M | $23.4M | ||
| Q2 24 | $311.8M | $23.4M | ||
| Q1 24 | $329.5M | $34.5M |
| Q4 25 | — | $126.7M | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $70.7M | ||
| Q3 24 | — | $50.8M | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $929.6M | $-29.7M | ||
| Q3 25 | $937.0M | $-26.9M | ||
| Q2 25 | $942.6M | $-15.6M | ||
| Q1 25 | $957.0M | $1.3M | ||
| Q4 24 | $965.3M | $20.2M | ||
| Q3 24 | $969.5M | $28.0M | ||
| Q2 24 | $981.2M | $66.4M | ||
| Q1 24 | $991.8M | $65.5M |
| Q4 25 | $1.5B | $296.3M | ||
| Q3 25 | $1.5B | $302.1M | ||
| Q2 25 | $1.5B | $303.8M | ||
| Q1 25 | $1.4B | $293.8M | ||
| Q4 24 | $1.5B | $307.8M | ||
| Q3 24 | $1.5B | $309.3M | ||
| Q2 24 | $1.5B | $362.1M | ||
| Q1 24 | $1.5B | $382.1M |
| Q4 25 | — | — | ||
| 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 | $22.4M | $-5.8M |
| Free Cash FlowOCF − Capex | $12.2M | $-7.8M |
| FCF MarginFCF / Revenue | 7.1% | -5.5% |
| Capex IntensityCapex / Revenue | 5.9% | 1.4% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $65.8M | $-41.9M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $22.4M | $-5.8M | ||
| Q3 25 | $28.9M | $-968.0K | ||
| Q2 25 | $25.8M | $-4.0M | ||
| Q1 25 | $17.3M | $-23.1M | ||
| Q4 24 | $5.2M | $6.8M | ||
| Q3 24 | $5.0M | $1.1M | ||
| Q2 24 | $-4.9M | $-8.9M | ||
| Q1 24 | $11.1M | $-16.8M |
| Q4 25 | $12.2M | $-7.8M | ||
| Q3 25 | $22.9M | $-1.8M | ||
| Q2 25 | $15.9M | $-7.0M | ||
| Q1 25 | $14.7M | $-25.3M | ||
| Q4 24 | $251.0K | $5.7M | ||
| Q3 24 | $3.0M | $101.0K | ||
| Q2 24 | $-6.7M | $-11.0M | ||
| Q1 24 | $9.5M | $-19.9M |
| Q4 25 | 7.1% | -5.5% | ||
| Q3 25 | 14.5% | -1.5% | ||
| Q2 25 | 10.7% | -6.6% | ||
| Q1 25 | 10.2% | -24.3% | ||
| Q4 24 | 0.2% | 4.4% | ||
| Q3 24 | 2.2% | 0.1% | ||
| Q2 24 | -5.1% | -9.2% | ||
| Q1 24 | 7.1% | -16.5% |
| Q4 25 | 5.9% | 1.4% | ||
| Q3 25 | 3.8% | 0.7% | ||
| Q2 25 | 6.6% | 2.8% | ||
| Q1 25 | 1.8% | 2.2% | ||
| Q4 24 | 3.5% | 0.8% | ||
| Q3 24 | 1.5% | 0.9% | ||
| Q2 24 | 1.3% | 1.7% | ||
| Q1 24 | 1.2% | 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
FSLY
| Network Services | $130.8M | 76% |
| Security | $35.4M | 21% |
| Other | $6.4M | 4% |
PRPL
| Cost Of Revenues | $81.7M | 58% |
| Other | $59.0M | 42% |
