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Side-by-side financial comparison of DORIAN LPG LTD. (LPG) 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 $120.0M, roughly 1.2× DORIAN LPG LTD.). DORIAN LPG LTD. runs the higher net margin — 39.3% vs -2.3%, a 41.6% gap on every dollar of revenue. On growth, DORIAN LPG LTD. posted the faster year-over-year revenue change (48.7% vs 9.1%). Over the past eight quarters, Purple Innovation, Inc.'s revenue compounded faster (8.3% CAGR vs -7.9%).

Dorian LPG Ltd. is a leading international shipping company focused on the seaborne transportation of liquefied petroleum gas (LPG). It owns and operates a modern fleet of very large gas carriers, serving energy and petrochemical industry clients across key markets including North America, Asia and Europe.

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.”

LPG vs PRPL — Head-to-Head

Bigger by revenue
PRPL
PRPL
1.2× larger
PRPL
$140.7M
$120.0M
LPG
Growing faster (revenue YoY)
LPG
LPG
+39.6% gap
LPG
48.7%
9.1%
PRPL
Higher net margin
LPG
LPG
41.6% more per $
LPG
39.3%
-2.3%
PRPL
Faster 2-yr revenue CAGR
PRPL
PRPL
Annualised
PRPL
8.3%
-7.9%
LPG

Income Statement — Q3 FY2026 vs Q4 FY2025

Metric
LPG
LPG
PRPL
PRPL
Revenue
$120.0M
$140.7M
Net Profit
$47.2M
$-3.2M
Gross Margin
41.9%
Operating Margin
42.8%
-1.6%
Net Margin
39.3%
-2.3%
Revenue YoY
48.7%
9.1%
Net Profit YoY
120.9%
62.1%
EPS (diluted)
$1.11
$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
LPG
LPG
PRPL
PRPL
Q4 25
$120.0M
$140.7M
Q3 25
$124.1M
$118.8M
Q2 25
$84.2M
$105.1M
Q1 25
$75.9M
$104.2M
Q4 24
$80.7M
$129.0M
Q3 24
$82.4M
$118.6M
Q2 24
$114.4M
$120.3M
Q1 24
$141.4M
$120.0M
Net Profit
LPG
LPG
PRPL
PRPL
Q4 25
$47.2M
$-3.2M
Q3 25
$55.4M
$-11.7M
Q2 25
$10.1M
$-17.3M
Q1 25
$8.1M
$-19.1M
Q4 24
$21.4M
$-8.5M
Q3 24
$9.4M
$-39.2M
Q2 24
$51.3M
$27.0K
Q1 24
$79.2M
$-50.2M
Gross Margin
LPG
LPG
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
LPG
LPG
PRPL
PRPL
Q4 25
42.8%
-1.6%
Q3 25
47.8%
-10.2%
Q2 25
18.5%
-13.5%
Q1 25
19.4%
-13.9%
Q4 24
29.0%
-6.0%
Q3 24
23.2%
-39.5%
Q2 24
48.5%
-12.1%
Q1 24
58.3%
-19.3%
Net Margin
LPG
LPG
PRPL
PRPL
Q4 25
39.3%
-2.3%
Q3 25
44.6%
-9.9%
Q2 25
12.0%
-16.5%
Q1 25
10.7%
-18.4%
Q4 24
26.5%
-6.6%
Q3 24
11.4%
-33.1%
Q2 24
44.9%
0.0%
Q1 24
56.0%
-41.8%
EPS (diluted)
LPG
LPG
PRPL
PRPL
Q4 25
$1.11
$0.03
Q3 25
$1.30
$0.11
Q2 25
$0.24
$0.16
Q1 25
$0.17
$0.18
Q4 24
$0.50
$0.08
Q3 24
$0.22
$0.36
Q2 24
$1.25
$0.00
Q1 24
$1.96
$0.47

Balance Sheet & Financial Strength

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

Metric
LPG
LPG
PRPL
PRPL
Cash + ST InvestmentsLiquidity on hand
$294.5M
$24.3M
Total DebtLower is stronger
$513.2M
$126.7M
Stockholders' EquityBook value
$1.1B
$-29.7M
Total Assets
$1.8B
$296.3M
Debt / EquityLower = less leverage
0.47×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
LPG
LPG
PRPL
PRPL
Q4 25
$294.5M
$24.3M
Q3 25
$268.3M
$32.4M
Q2 25
$277.9M
$34.2M
Q1 25
$316.9M
$21.6M
Q4 24
$314.5M
$29.0M
Q3 24
$348.6M
$23.4M
Q2 24
$353.3M
$23.4M
Q1 24
$282.5M
$34.5M
Total Debt
LPG
LPG
PRPL
PRPL
Q4 25
$513.2M
$126.7M
Q3 25
$526.4M
Q2 25
$539.6M
Q1 25
$553.3M
Q4 24
$565.9M
$70.7M
Q3 24
$579.0M
$50.8M
Q2 24
$592.1M
Q1 24
$605.1M
Stockholders' Equity
LPG
LPG
PRPL
PRPL
Q4 25
$1.1B
$-29.7M
Q3 25
$1.1B
$-26.9M
Q2 25
$1.0B
$-15.6M
Q1 25
$1.0B
$1.3M
Q4 24
$1.1B
$20.2M
Q3 24
$1.1B
$28.0M
Q2 24
$1.1B
$66.4M
Q1 24
$1.0B
$65.5M
Total Assets
LPG
LPG
PRPL
PRPL
Q4 25
$1.8B
$296.3M
Q3 25
$1.8B
$302.1M
Q2 25
$1.7B
$303.8M
Q1 25
$1.8B
$293.8M
Q4 24
$1.8B
$307.8M
Q3 24
$1.9B
$309.3M
Q2 24
$1.9B
$362.1M
Q1 24
$1.8B
$382.1M
Debt / Equity
LPG
LPG
PRPL
PRPL
Q4 25
0.47×
Q3 25
0.49×
Q2 25
0.52×
Q1 25
0.53×
Q4 24
0.53×
3.50×
Q3 24
0.53×
1.82×
Q2 24
0.53×
Q1 24
0.59×

Cash Flow & Capital Efficiency

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

Metric
LPG
LPG
PRPL
PRPL
Operating Cash FlowLast quarter
$80.8M
$-5.8M
Free Cash FlowOCF − Capex
$-7.8M
FCF MarginFCF / Revenue
-5.5%
Capex IntensityCapex / Revenue
1.4%
Cash ConversionOCF / Net Profit
1.71×
TTM Free Cash FlowTrailing 4 quarters
$-41.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
LPG
LPG
PRPL
PRPL
Q4 25
$80.8M
$-5.8M
Q3 25
$46.4M
$-968.0K
Q2 25
$814.5K
$-4.0M
Q1 25
$50.2M
$-23.1M
Q4 24
$24.3M
$6.8M
Q3 24
$57.3M
$1.1M
Q2 24
$41.2M
$-8.9M
Q1 24
$154.2M
$-16.8M
Free Cash Flow
LPG
LPG
PRPL
PRPL
Q4 25
$-7.8M
Q3 25
$-1.8M
Q2 25
$-7.0M
Q1 25
$-25.3M
Q4 24
$5.7M
Q3 24
$101.0K
Q2 24
$-11.0M
Q1 24
$-19.9M
FCF Margin
LPG
LPG
PRPL
PRPL
Q4 25
-5.5%
Q3 25
-1.5%
Q2 25
-6.6%
Q1 25
-24.3%
Q4 24
4.4%
Q3 24
0.1%
Q2 24
-9.2%
Q1 24
-16.5%
Capex Intensity
LPG
LPG
PRPL
PRPL
Q4 25
1.4%
Q3 25
0.7%
Q2 25
2.8%
Q1 25
2.2%
Q4 24
0.8%
Q3 24
0.9%
Q2 24
1.7%
Q1 24
2.5%
Cash Conversion
LPG
LPG
PRPL
PRPL
Q4 25
1.71×
Q3 25
0.84×
Q2 25
0.08×
Q1 25
6.20×
Q4 24
1.14×
Q3 24
6.08×
Q2 24
0.80×
-330.22×
Q1 24
1.95×

Financial Flow Comparison

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

Revenue Breakdown by Segment

LPG
LPG

Segment breakdown not available.

PRPL
PRPL

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

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