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Side-by-side financial comparison of HANMI FINANCIAL CORP (HAFC) 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 $71.2M, roughly 2.0× HANMI FINANCIAL CORP). HANMI FINANCIAL CORP runs the higher net margin — 29.8% vs -2.3%, a 32.1% gap on every dollar of revenue. On growth, HANMI FINANCIAL CORP posted the faster year-over-year revenue change (17.1% vs 9.1%). HANMI FINANCIAL CORP produced more free cash flow last quarter ($203.7M vs $-7.8M). Over the past eight quarters, HANMI FINANCIAL CORP's revenue compounded faster (10.4% CAGR vs 8.3%).

Hanmi Bank Corporation is a community bank headquartered in Los Angeles, California, with 35 branches and eight loan production offices in California, Texas, Illinois, New York, New Jersey and Virginia.

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.”

HAFC vs PRPL — Head-to-Head

Bigger by revenue
PRPL
PRPL
2.0× larger
PRPL
$140.7M
$71.2M
HAFC
Growing faster (revenue YoY)
HAFC
HAFC
+8.0% gap
HAFC
17.1%
9.1%
PRPL
Higher net margin
HAFC
HAFC
32.1% more per $
HAFC
29.8%
-2.3%
PRPL
More free cash flow
HAFC
HAFC
$211.5M more FCF
HAFC
$203.7M
$-7.8M
PRPL
Faster 2-yr revenue CAGR
HAFC
HAFC
Annualised
HAFC
10.4%
8.3%
PRPL

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
HAFC
HAFC
PRPL
PRPL
Revenue
$71.2M
$140.7M
Net Profit
$21.2M
$-3.2M
Gross Margin
41.9%
Operating Margin
29.8%
-1.6%
Net Margin
29.8%
-2.3%
Revenue YoY
17.1%
9.1%
Net Profit YoY
20.0%
62.1%
EPS (diluted)
$0.70
$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
HAFC
HAFC
PRPL
PRPL
Q4 25
$71.2M
$140.7M
Q3 25
$71.0M
$118.8M
Q2 25
$65.2M
$105.1M
Q1 25
$62.8M
$104.2M
Q4 24
$60.8M
$129.0M
Q3 24
$58.5M
$118.6M
Q2 24
$56.7M
$120.3M
Q1 24
$58.4M
$120.0M
Net Profit
HAFC
HAFC
PRPL
PRPL
Q4 25
$21.2M
$-3.2M
Q3 25
$22.1M
$-11.7M
Q2 25
$15.1M
$-17.3M
Q1 25
$17.7M
$-19.1M
Q4 24
$17.7M
$-8.5M
Q3 24
$14.9M
$-39.2M
Q2 24
$14.5M
$27.0K
Q1 24
$15.2M
$-50.2M
Gross Margin
HAFC
HAFC
PRPL
PRPL
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%
Operating Margin
HAFC
HAFC
PRPL
PRPL
Q4 25
29.8%
-1.6%
Q3 25
31.1%
-10.2%
Q2 25
23.2%
-13.5%
Q1 25
28.1%
-13.9%
Q4 24
29.1%
-6.0%
Q3 24
25.5%
-39.5%
Q2 24
25.5%
-12.1%
Q1 24
26.0%
-19.3%
Net Margin
HAFC
HAFC
PRPL
PRPL
Q4 25
29.8%
-2.3%
Q3 25
31.1%
-9.9%
Q2 25
23.2%
-16.5%
Q1 25
28.1%
-18.4%
Q4 24
29.1%
-6.6%
Q3 24
25.5%
-33.1%
Q2 24
25.5%
0.0%
Q1 24
26.0%
-41.8%
EPS (diluted)
HAFC
HAFC
PRPL
PRPL
Q4 25
$0.70
$0.03
Q3 25
$0.73
$0.11
Q2 25
$0.50
$0.16
Q1 25
$0.58
$0.18
Q4 24
$0.58
$0.08
Q3 24
$0.49
$0.36
Q2 24
$0.48
$0.00
Q1 24
$0.50
$0.47

Balance Sheet & Financial Strength

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

Metric
HAFC
HAFC
PRPL
PRPL
Cash + ST InvestmentsLiquidity on hand
$24.3M
Total DebtLower is stronger
$126.7M
Stockholders' EquityBook value
$796.4M
$-29.7M
Total Assets
$7.9B
$296.3M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HAFC
HAFC
PRPL
PRPL
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
Total Debt
HAFC
HAFC
PRPL
PRPL
Q4 25
$126.7M
Q3 25
Q2 25
Q1 25
Q4 24
$70.7M
Q3 24
$50.8M
Q2 24
Q1 24
Stockholders' Equity
HAFC
HAFC
PRPL
PRPL
Q4 25
$796.4M
$-29.7M
Q3 25
$779.5M
$-26.9M
Q2 25
$762.8M
$-15.6M
Q1 25
$751.5M
$1.3M
Q4 24
$732.2M
$20.2M
Q3 24
$736.7M
$28.0M
Q2 24
$707.1M
$66.4M
Q1 24
$703.1M
$65.5M
Total Assets
HAFC
HAFC
PRPL
PRPL
Q4 25
$7.9B
$296.3M
Q3 25
$7.9B
$302.1M
Q2 25
$7.9B
$303.8M
Q1 25
$7.7B
$293.8M
Q4 24
$7.7B
$307.8M
Q3 24
$7.7B
$309.3M
Q2 24
$7.6B
$362.1M
Q1 24
$7.5B
$382.1M
Debt / Equity
HAFC
HAFC
PRPL
PRPL
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
HAFC
HAFC
PRPL
PRPL
Operating Cash FlowLast quarter
$206.0M
$-5.8M
Free Cash FlowOCF − Capex
$203.7M
$-7.8M
FCF MarginFCF / Revenue
286.2%
-5.5%
Capex IntensityCapex / Revenue
3.2%
1.4%
Cash ConversionOCF / Net Profit
9.70×
TTM Free Cash FlowTrailing 4 quarters
$356.1M
$-41.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
HAFC
HAFC
PRPL
PRPL
Q4 25
$206.0M
$-5.8M
Q3 25
$146.9M
$-968.0K
Q2 25
$-19.0M
$-4.0M
Q1 25
$25.8M
$-23.1M
Q4 24
$52.6M
$6.8M
Q3 24
$6.7M
$1.1M
Q2 24
$2.1M
$-8.9M
Q1 24
$30.0M
$-16.8M
Free Cash Flow
HAFC
HAFC
PRPL
PRPL
Q4 25
$203.7M
$-7.8M
Q3 25
$146.4M
$-1.8M
Q2 25
$-19.6M
$-7.0M
Q1 25
$25.6M
$-25.3M
Q4 24
$49.9M
$5.7M
Q3 24
$6.5M
$101.0K
Q2 24
$1.3M
$-11.0M
Q1 24
$29.2M
$-19.9M
FCF Margin
HAFC
HAFC
PRPL
PRPL
Q4 25
286.2%
-5.5%
Q3 25
206.3%
-1.5%
Q2 25
-30.0%
-6.6%
Q1 25
40.7%
-24.3%
Q4 24
82.1%
4.4%
Q3 24
11.1%
0.1%
Q2 24
2.3%
-9.2%
Q1 24
50.0%
-16.5%
Capex Intensity
HAFC
HAFC
PRPL
PRPL
Q4 25
3.2%
1.4%
Q3 25
0.8%
0.7%
Q2 25
0.9%
2.8%
Q1 25
0.4%
2.2%
Q4 24
4.3%
0.8%
Q3 24
0.4%
0.9%
Q2 24
1.4%
1.7%
Q1 24
1.4%
2.5%
Cash Conversion
HAFC
HAFC
PRPL
PRPL
Q4 25
9.70×
Q3 25
6.66×
Q2 25
-1.26×
Q1 25
1.46×
Q4 24
2.97×
Q3 24
0.45×
Q2 24
0.14×
-330.22×
Q1 24
1.98×

Financial Flow Comparison

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

Revenue Breakdown by Segment

HAFC
HAFC

Segment breakdown not available.

PRPL
PRPL

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

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