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Side-by-side financial comparison of LendingClub Corp (LC) and Purple Innovation, Inc. (PRPL). Click either name above to swap in a different company.
LendingClub Corp is the larger business by last-quarter revenue ($252.3M vs $140.7M, roughly 1.8× Purple Innovation, Inc.). LendingClub Corp runs the higher net margin — 20.5% vs -2.3%, a 22.7% gap on every dollar of revenue. On growth, LendingClub Corp posted the faster year-over-year revenue change (15.9% vs 9.1%). Over the past eight quarters, LendingClub Corp's revenue compounded faster (16.1% CAGR vs 8.3%).
LendingClub Corporation is an American financial services company headquartered in San Francisco, California. It was the first peer-to-peer lender to register its offerings as securities with the Securities and Exchange Commission (SEC), and to offer loan trading on a secondary market. At its height, LendingClub was the world's largest peer-to-peer lending platform. The company reported that $15.98 billion in loans had been originated through its platform up to December 31, 2015.
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.”
LC vs PRPL — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $252.3M | $140.7M |
| Net Profit | $51.6M | $-3.2M |
| Gross Margin | — | 41.9% |
| Operating Margin | — | -1.6% |
| Net Margin | 20.5% | -2.3% |
| Revenue YoY | 15.9% | 9.1% |
| Net Profit YoY | 341.0% | 62.1% |
| EPS (diluted) | $0.44 | $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.
| Q1 26 | $252.3M | — | ||
| Q4 25 | $266.5M | $140.7M | ||
| Q3 25 | $266.2M | $118.8M | ||
| Q2 25 | $248.4M | $105.1M | ||
| Q1 25 | $217.7M | $104.2M | ||
| Q4 24 | $217.2M | $129.0M | ||
| Q3 24 | $201.9M | $118.6M | ||
| Q2 24 | $187.2M | $120.3M |
| Q1 26 | $51.6M | — | ||
| Q4 25 | — | $-3.2M | ||
| Q3 25 | $44.3M | $-11.7M | ||
| Q2 25 | $38.2M | $-17.3M | ||
| Q1 25 | $11.7M | $-19.1M | ||
| Q4 24 | — | $-8.5M | ||
| Q3 24 | $14.5M | $-39.2M | ||
| Q2 24 | $14.9M | $27.0K |
| Q1 26 | — | — | ||
| 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 26 | — | — | ||
| Q4 25 | 18.8% | -1.6% | ||
| Q3 25 | 21.5% | -10.2% | ||
| Q2 25 | 21.7% | -13.5% | ||
| Q1 25 | 7.2% | -13.9% | ||
| Q4 24 | 5.1% | -6.0% | ||
| Q3 24 | 8.9% | -39.5% | ||
| Q2 24 | 10.4% | -12.1% |
| Q1 26 | 20.5% | — | ||
| Q4 25 | — | -2.3% | ||
| Q3 25 | 16.6% | -9.9% | ||
| Q2 25 | 15.4% | -16.5% | ||
| Q1 25 | 5.4% | -18.4% | ||
| Q4 24 | — | -6.6% | ||
| Q3 24 | 7.2% | -33.1% | ||
| Q2 24 | 8.0% | 0.0% |
| Q1 26 | $0.44 | — | ||
| Q4 25 | $0.36 | $0.03 | ||
| Q3 25 | $0.37 | $0.11 | ||
| Q2 25 | $0.33 | $0.16 | ||
| Q1 25 | $0.10 | $0.18 | ||
| Q4 24 | $0.08 | $0.08 | ||
| Q3 24 | $0.13 | $0.36 | ||
| Q2 24 | $0.13 | $0.00 |
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 | — | $126.7M |
| Stockholders' EquityBook value | $1.5B | $-29.7M |
| Total Assets | $11.9B | $296.3M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| 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 26 | — | — | ||
| Q4 25 | $0 | $126.7M | ||
| Q3 25 | $0 | — | ||
| Q2 25 | $0 | — | ||
| Q1 25 | $0 | — | ||
| Q4 24 | $0 | $70.7M | ||
| Q3 24 | — | $50.8M | ||
| Q2 24 | — | — |
| Q1 26 | $1.5B | — | ||
| Q4 25 | $1.5B | $-29.7M | ||
| Q3 25 | $1.5B | $-26.9M | ||
| Q2 25 | $1.4B | $-15.6M | ||
| Q1 25 | $1.4B | $1.3M | ||
| Q4 24 | $1.3B | $20.2M | ||
| Q3 24 | $1.3B | $28.0M | ||
| Q2 24 | $1.3B | $66.4M |
| Q1 26 | $11.9B | — | ||
| Q4 25 | $11.6B | $296.3M | ||
| Q3 25 | $11.1B | $302.1M | ||
| Q2 25 | $10.8B | $303.8M | ||
| Q1 25 | $10.5B | $293.8M | ||
| Q4 24 | $10.6B | $307.8M | ||
| Q3 24 | $11.0B | $309.3M | ||
| Q2 24 | $9.6B | $362.1M |
| Q1 26 | — | — | ||
| Q4 25 | 0.00× | — | ||
| Q3 25 | 0.00× | — | ||
| Q2 25 | 0.00× | — | ||
| Q1 25 | 0.00× | — | ||
| Q4 24 | 0.00× | 3.50× | ||
| Q3 24 | — | 1.82× | ||
| Q2 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 | — | $-5.8M |
| Free Cash FlowOCF − Capex | — | $-7.8M |
| FCF MarginFCF / Revenue | — | -5.5% |
| Capex IntensityCapex / Revenue | — | 1.4% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $-41.9M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $-2.7B | $-5.8M | ||
| Q3 25 | $-770.8M | $-968.0K | ||
| Q2 25 | $-713.1M | $-4.0M | ||
| Q1 25 | $-339.3M | $-23.1M | ||
| Q4 24 | $-2.6B | $6.8M | ||
| Q3 24 | $-669.8M | $1.1M | ||
| Q2 24 | $-932.5M | $-8.9M |
| Q1 26 | — | — | ||
| Q4 25 | $-2.9B | $-7.8M | ||
| Q3 25 | $-791.8M | $-1.8M | ||
| Q2 25 | $-803.8M | $-7.0M | ||
| Q1 25 | $-352.3M | $-25.3M | ||
| Q4 24 | $-2.7B | $5.7M | ||
| Q3 24 | $-682.3M | $101.0K | ||
| Q2 24 | $-945.3M | $-11.0M |
| Q1 26 | — | — | ||
| Q4 25 | -1076.0% | -5.5% | ||
| Q3 25 | -297.4% | -1.5% | ||
| Q2 25 | -323.5% | -6.6% | ||
| Q1 25 | -161.8% | -24.3% | ||
| Q4 24 | -1237.8% | 4.4% | ||
| Q3 24 | -338.0% | 0.1% | ||
| Q2 24 | -504.9% | -9.2% |
| Q1 26 | — | — | ||
| Q4 25 | 52.7% | 1.4% | ||
| Q3 25 | 7.9% | 0.7% | ||
| Q2 25 | 36.5% | 2.8% | ||
| Q1 25 | 6.0% | 2.2% | ||
| Q4 24 | 25.0% | 0.8% | ||
| Q3 24 | 6.2% | 0.9% | ||
| Q2 24 | 6.9% | 1.7% |
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | -17.41× | — | ||
| Q2 25 | -18.68× | — | ||
| Q1 25 | -29.07× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | -46.33× | — | ||
| Q2 24 | -62.57× | -330.22× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
LC
Segment breakdown not available.
PRPL
| Cost Of Revenues | $81.7M | 58% |
| Other | $59.0M | 42% |
