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Side-by-side financial comparison of Metropolitan Bank Holding Corp. (MCB) 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 $88.5M, roughly 1.6× Metropolitan Bank Holding Corp.). Metropolitan Bank Holding Corp. runs the higher net margin — 35.5% vs -2.3%, a 37.8% gap on every dollar of revenue. On growth, Metropolitan Bank Holding Corp. posted the faster year-over-year revenue change (25.4% vs 9.1%). Over the past eight quarters, Metropolitan Bank Holding Corp.'s revenue compounded faster (14.3% CAGR vs 8.3%).

Sandy Spring Bancorp, Inc. was a bank holding company headquartered in Olney, Maryland and operating in the Washington metropolitan area. In addition to banking services, the company offered commercial and personal lines of insurance, surety bonds, workers compensation insurance, and professional liability insurance protection as well as financial planning, wealth management, and asset management for high-net-worth individuals, businesses, and associations. In April 2025, the company was acqu...

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.”

MCB vs PRPL — Head-to-Head

Bigger by revenue
PRPL
PRPL
1.6× larger
PRPL
$140.7M
$88.5M
MCB
Growing faster (revenue YoY)
MCB
MCB
+16.3% gap
MCB
25.4%
9.1%
PRPL
Higher net margin
MCB
MCB
37.8% more per $
MCB
35.5%
-2.3%
PRPL
Faster 2-yr revenue CAGR
MCB
MCB
Annualised
MCB
14.3%
8.3%
PRPL

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
MCB
MCB
PRPL
PRPL
Revenue
$88.5M
$140.7M
Net Profit
$31.4M
$-3.2M
Gross Margin
41.9%
Operating Margin
-1.6%
Net Margin
35.5%
-2.3%
Revenue YoY
25.4%
9.1%
Net Profit YoY
92.2%
62.1%
EPS (diluted)
$2.92
$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
MCB
MCB
PRPL
PRPL
Q1 26
$88.5M
Q4 25
$88.4M
$140.7M
Q3 25
$79.8M
$118.8M
Q2 25
$76.3M
$105.1M
Q1 25
$70.6M
$104.2M
Q4 24
$71.0M
$129.0M
Q3 24
$71.5M
$118.6M
Q2 24
$67.7M
$120.3M
Net Profit
MCB
MCB
PRPL
PRPL
Q1 26
$31.4M
Q4 25
$28.9M
$-3.2M
Q3 25
$7.1M
$-11.7M
Q2 25
$18.8M
$-17.3M
Q1 25
$16.4M
$-19.1M
Q4 24
$21.4M
$-8.5M
Q3 24
$12.3M
$-39.2M
Q2 24
$16.8M
$27.0K
Gross Margin
MCB
MCB
PRPL
PRPL
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%
Operating Margin
MCB
MCB
PRPL
PRPL
Q1 26
Q4 25
46.6%
-1.6%
Q3 25
12.8%
-10.2%
Q2 25
35.1%
-13.5%
Q1 25
33.1%
-13.9%
Q4 24
44.1%
-6.0%
Q3 24
24.6%
-39.5%
Q2 24
35.3%
-12.1%
Net Margin
MCB
MCB
PRPL
PRPL
Q1 26
35.5%
Q4 25
32.6%
-2.3%
Q3 25
8.9%
-9.9%
Q2 25
24.6%
-16.5%
Q1 25
23.2%
-18.4%
Q4 24
30.2%
-6.6%
Q3 24
17.2%
-33.1%
Q2 24
24.8%
0.0%
EPS (diluted)
MCB
MCB
PRPL
PRPL
Q1 26
$2.92
Q4 25
$2.74
$0.03
Q3 25
$0.67
$0.11
Q2 25
$1.76
$0.16
Q1 25
$1.45
$0.18
Q4 24
$1.89
$0.08
Q3 24
$1.08
$0.36
Q2 24
$1.50
$0.00

Balance Sheet & Financial Strength

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

Metric
MCB
MCB
PRPL
PRPL
Cash + ST InvestmentsLiquidity on hand
$24.3M
Total DebtLower is stronger
$126.7M
Stockholders' EquityBook value
$948.3M
$-29.7M
Total Assets
$8.8B
$296.3M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MCB
MCB
PRPL
PRPL
Q1 26
Q4 25
$393.6M
$24.3M
Q3 25
$385.9M
$32.4M
Q2 25
$152.5M
$34.2M
Q1 25
$196.5M
$21.6M
Q4 24
$200.3M
$29.0M
Q3 24
$318.5M
$23.4M
Q2 24
$244.7M
$23.4M
Total Debt
MCB
MCB
PRPL
PRPL
Q1 26
Q4 25
$126.7M
Q3 25
Q2 25
Q1 25
Q4 24
$70.7M
Q3 24
$50.8M
Q2 24
Stockholders' Equity
MCB
MCB
PRPL
PRPL
Q1 26
$948.3M
Q4 25
$743.1M
$-29.7M
Q3 25
$732.0M
$-26.9M
Q2 25
$723.0M
$-15.6M
Q1 25
$737.8M
$1.3M
Q4 24
$729.8M
$20.2M
Q3 24
$715.2M
$28.0M
Q2 24
$692.4M
$66.4M
Total Assets
MCB
MCB
PRPL
PRPL
Q1 26
$8.8B
Q4 25
$8.3B
$296.3M
Q3 25
$8.2B
$302.1M
Q2 25
$7.9B
$303.8M
Q1 25
$7.6B
$293.8M
Q4 24
$7.3B
$307.8M
Q3 24
$7.4B
$309.3M
Q2 24
$7.3B
$362.1M
Debt / Equity
MCB
MCB
PRPL
PRPL
Q1 26
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
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
MCB
MCB
PRPL
PRPL
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.

Operating Cash Flow
MCB
MCB
PRPL
PRPL
Q1 26
Q4 25
$88.7M
$-5.8M
Q3 25
$31.8M
$-968.0K
Q2 25
$18.4M
$-4.0M
Q1 25
$7.8M
$-23.1M
Q4 24
$148.5M
$6.8M
Q3 24
$4.8M
$1.1M
Q2 24
$35.3M
$-8.9M
Free Cash Flow
MCB
MCB
PRPL
PRPL
Q1 26
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
FCF Margin
MCB
MCB
PRPL
PRPL
Q1 26
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%
Capex Intensity
MCB
MCB
PRPL
PRPL
Q1 26
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%
Cash Conversion
MCB
MCB
PRPL
PRPL
Q1 26
Q4 25
3.07×
Q3 25
4.47×
Q2 25
0.98×
Q1 25
0.47×
Q4 24
6.93×
Q3 24
0.39×
Q2 24
2.10×
-330.22×

Financial Flow Comparison

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

Revenue Breakdown by Segment

MCB
MCB

Segment breakdown not available.

PRPL
PRPL

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

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