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Side-by-side financial comparison of LXP Industrial Trust (LXP) 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 $86.7M, roughly 1.6× LXP Industrial Trust). LXP Industrial Trust runs the higher net margin — 33.2% vs -2.3%, a 35.5% gap on every dollar of revenue. On growth, Purple Innovation, Inc. posted the faster year-over-year revenue change (9.1% vs -14.0%). Over the past eight quarters, Purple Innovation, Inc.'s revenue compounded faster (8.3% CAGR vs 0.3%).

LXP Industrial Trust is a publicly traded real estate investment trust (REIT) that owns, operates, and invests in high-quality industrial real estate assets, primarily distribution centers, logistics facilities, and light industrial properties across key markets in the United States. Its tenant base covers e-commerce, third-party logistics, and advanced manufacturing sectors, delivering stable long-term returns for its investors.

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.”

LXP vs PRPL — Head-to-Head

Bigger by revenue
PRPL
PRPL
1.6× larger
PRPL
$140.7M
$86.7M
LXP
Growing faster (revenue YoY)
PRPL
PRPL
+23.1% gap
PRPL
9.1%
-14.0%
LXP
Higher net margin
LXP
LXP
35.5% more per $
LXP
33.2%
-2.3%
PRPL
Faster 2-yr revenue CAGR
PRPL
PRPL
Annualised
PRPL
8.3%
0.3%
LXP

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
LXP
LXP
PRPL
PRPL
Revenue
$86.7M
$140.7M
Net Profit
$28.8M
$-3.2M
Gross Margin
81.5%
41.9%
Operating Margin
34.6%
-1.6%
Net Margin
33.2%
-2.3%
Revenue YoY
-14.0%
9.1%
Net Profit YoY
62.1%
EPS (diluted)
$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
LXP
LXP
PRPL
PRPL
Q4 25
$86.7M
$140.7M
Q3 25
$86.9M
$118.8M
Q2 25
$87.7M
$105.1M
Q1 25
$88.9M
$104.2M
Q4 24
$100.9M
$129.0M
Q3 24
$85.6M
$118.6M
Q2 24
$85.8M
$120.3M
Q1 24
$86.3M
$120.0M
Net Profit
LXP
LXP
PRPL
PRPL
Q4 25
$28.8M
$-3.2M
Q3 25
$36.3M
$-11.7M
Q2 25
$29.1M
$-17.3M
Q1 25
$19.0M
$-19.1M
Q4 24
$-8.5M
Q3 24
$6.3M
$-39.2M
Q2 24
$5.4M
$27.0K
Q1 24
$-269.0K
$-50.2M
Gross Margin
LXP
LXP
PRPL
PRPL
Q4 25
81.5%
41.9%
Q3 25
82.3%
42.8%
Q2 25
81.9%
35.9%
Q1 25
80.7%
39.4%
Q4 24
85.3%
42.9%
Q3 24
82.5%
29.7%
Q2 24
82.0%
40.7%
Q1 24
82.4%
34.8%
Operating Margin
LXP
LXP
PRPL
PRPL
Q4 25
34.6%
-1.6%
Q3 25
50.4%
-10.2%
Q2 25
33.7%
-13.5%
Q1 25
21.8%
-13.9%
Q4 24
-6.0%
Q3 24
7.9%
-39.5%
Q2 24
6.9%
-12.1%
Q1 24
1.0%
-19.3%
Net Margin
LXP
LXP
PRPL
PRPL
Q4 25
33.2%
-2.3%
Q3 25
41.7%
-9.9%
Q2 25
33.2%
-16.5%
Q1 25
21.4%
-18.4%
Q4 24
-6.6%
Q3 24
7.4%
-33.1%
Q2 24
6.3%
0.0%
Q1 24
-0.3%
-41.8%
EPS (diluted)
LXP
LXP
PRPL
PRPL
Q4 25
$0.03
Q3 25
$0.12
$0.11
Q2 25
$0.09
$0.16
Q1 25
$0.06
$0.18
Q4 24
$0.08
Q3 24
$0.02
$0.36
Q2 24
$0.01
$0.00
Q1 24
$-0.01
$0.47

Balance Sheet & Financial Strength

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

Metric
LXP
LXP
PRPL
PRPL
Cash + ST InvestmentsLiquidity on hand
$170.4M
$24.3M
Total DebtLower is stronger
$1.4B
$126.7M
Stockholders' EquityBook value
$2.0B
$-29.7M
Total Assets
$3.5B
$296.3M
Debt / EquityLower = less leverage
0.66×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
LXP
LXP
PRPL
PRPL
Q4 25
$170.4M
$24.3M
Q3 25
$229.7M
$32.4M
Q2 25
$71.0M
$34.2M
Q1 25
$70.9M
$21.6M
Q4 24
$101.8M
$29.0M
Q3 24
$55.0M
$23.4M
Q2 24
$48.7M
$23.4M
Q1 24
$293.8M
$34.5M
Total Debt
LXP
LXP
PRPL
PRPL
Q4 25
$1.4B
$126.7M
Q3 25
$1.5B
Q2 25
$1.5B
Q1 25
$1.5B
Q4 24
$1.6B
$70.7M
Q3 24
$50.8M
Q2 24
Q1 24
Stockholders' Equity
LXP
LXP
PRPL
PRPL
Q4 25
$2.0B
$-29.7M
Q3 25
$2.1B
$-26.9M
Q2 25
$2.1B
$-15.6M
Q1 25
$2.1B
$1.3M
Q4 24
$2.1B
$20.2M
Q3 24
$2.1B
$28.0M
Q2 24
$2.1B
$66.4M
Q1 24
$2.2B
$65.5M
Total Assets
LXP
LXP
PRPL
PRPL
Q4 25
$3.5B
$296.3M
Q3 25
$3.7B
$302.1M
Q2 25
$3.7B
$303.8M
Q1 25
$3.8B
$293.8M
Q4 24
$3.8B
$307.8M
Q3 24
$3.9B
$309.3M
Q2 24
$3.9B
$362.1M
Q1 24
$4.2B
$382.1M
Debt / Equity
LXP
LXP
PRPL
PRPL
Q4 25
0.66×
Q3 25
0.72×
Q2 25
0.72×
Q1 25
0.73×
Q4 24
0.75×
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
LXP
LXP
PRPL
PRPL
Operating Cash FlowLast quarter
$188.7M
$-5.8M
Free Cash FlowOCF − Capex
$-7.8M
FCF MarginFCF / Revenue
-5.5%
Capex IntensityCapex / Revenue
1.4%
Cash ConversionOCF / Net Profit
6.56×
TTM Free Cash FlowTrailing 4 quarters
$-41.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
LXP
LXP
PRPL
PRPL
Q4 25
$188.7M
$-5.8M
Q3 25
$63.5M
$-968.0K
Q2 25
$44.3M
$-4.0M
Q1 25
$39.0M
$-23.1M
Q4 24
$211.2M
$6.8M
Q3 24
$64.6M
$1.1M
Q2 24
$38.5M
$-8.9M
Q1 24
$38.9M
$-16.8M
Free Cash Flow
LXP
LXP
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
LXP
LXP
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
LXP
LXP
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
LXP
LXP
PRPL
PRPL
Q4 25
6.56×
Q3 25
1.75×
Q2 25
1.52×
Q1 25
2.05×
Q4 24
Q3 24
10.18×
Q2 24
7.09×
-330.22×
Q1 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

LXP
LXP

Segment breakdown not available.

PRPL
PRPL

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

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