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Side-by-side financial comparison of Northwest Bancshares, Inc. (NWBI) and Purple Innovation, Inc. (PRPL). Click either name above to swap in a different company.
Northwest Bancshares, Inc. is the larger business by last-quarter revenue ($175.1M vs $140.7M, roughly 1.2× Purple Innovation, Inc.). Northwest Bancshares, Inc. runs the higher net margin — 28.9% vs -2.3%, a 31.2% gap on every dollar of revenue. Over the past eight quarters, Northwest Bancshares, Inc.'s revenue compounded faster (33.7% CAGR vs 8.3%).
Northwest Bank is a bank headquartered in Warren, Pennsylvania. It is the leading subsidiary of Northwest Bancshares, Inc., a bank holding company, and operates 151 branches in Pennsylvania, Western New York, Northeast Ohio, Appalachian Ohio, and Indiana.
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.”
NWBI vs PRPL — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $175.1M | $140.7M |
| Net Profit | $50.5M | $-3.2M |
| Gross Margin | — | 41.9% |
| Operating Margin | — | -1.6% |
| Net Margin | 28.9% | -2.3% |
| Revenue YoY | — | 9.1% |
| Net Profit YoY | — | 62.1% |
| EPS (diluted) | $0.34 | $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 | $175.1M | — | ||
| Q4 25 | $179.9M | $140.7M | ||
| Q3 25 | $168.2M | $118.8M | ||
| Q2 25 | $150.4M | $105.1M | ||
| Q1 25 | $156.2M | $104.2M | ||
| Q4 24 | $154.3M | $129.0M | ||
| Q3 24 | $139.1M | $118.6M | ||
| Q2 24 | $98.0M | $120.3M |
| Q1 26 | $50.5M | — | ||
| Q4 25 | — | $-3.2M | ||
| Q3 25 | $3.2M | $-11.7M | ||
| Q2 25 | $33.7M | $-17.3M | ||
| Q1 25 | $43.5M | $-19.1M | ||
| Q4 24 | — | $-8.5M | ||
| Q3 24 | $33.6M | $-39.2M | ||
| Q2 24 | $4.7M | $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 | 32.6% | -1.6% | ||
| Q3 25 | 2.1% | -10.2% | ||
| Q2 25 | 29.3% | -13.5% | ||
| Q1 25 | 36.2% | -13.9% | ||
| Q4 24 | 27.5% | -6.0% | ||
| Q3 24 | 31.3% | -39.5% | ||
| Q2 24 | 6.1% | -12.1% |
| Q1 26 | 28.9% | — | ||
| Q4 25 | — | -2.3% | ||
| Q3 25 | 1.9% | -9.9% | ||
| Q2 25 | 22.4% | -16.5% | ||
| Q1 25 | 27.8% | -18.4% | ||
| Q4 24 | — | -6.6% | ||
| Q3 24 | 24.2% | -33.1% | ||
| Q2 24 | 4.8% | 0.0% |
| Q1 26 | $0.34 | — | ||
| Q4 25 | $0.30 | $0.03 | ||
| Q3 25 | $0.02 | $0.11 | ||
| Q2 25 | $0.26 | $0.16 | ||
| Q1 25 | $0.34 | $0.18 | ||
| Q4 24 | $0.26 | $0.08 | ||
| Q3 24 | $0.26 | $0.36 | ||
| Q2 24 | $0.04 | $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 | $286.7M | $24.3M |
| Total DebtLower is stronger | — | $126.7M |
| Stockholders' EquityBook value | $1.9B | $-29.7M |
| Total Assets | $16.9B | $296.3M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $286.7M | — | ||
| 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 | — | $126.7M | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $70.7M | ||
| Q3 24 | — | $50.8M | ||
| Q2 24 | — | — |
| Q1 26 | $1.9B | — | ||
| Q4 25 | $1.9B | $-29.7M | ||
| Q3 25 | $1.9B | $-26.9M | ||
| Q2 25 | $1.6B | $-15.6M | ||
| Q1 25 | $1.6B | $1.3M | ||
| Q4 24 | $1.6B | $20.2M | ||
| Q3 24 | $1.6B | $28.0M | ||
| Q2 24 | $1.6B | $66.4M |
| Q1 26 | $16.9B | — | ||
| Q4 25 | $16.8B | $296.3M | ||
| Q3 25 | $16.4B | $302.1M | ||
| Q2 25 | $14.5B | $303.8M | ||
| Q1 25 | $14.5B | $293.8M | ||
| Q4 24 | $14.4B | $307.8M | ||
| Q3 24 | $14.4B | $309.3M | ||
| Q2 24 | $14.4B | $362.1M |
| 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 | | |
|---|---|---|
| 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 | $153.4M | $-5.8M | ||
| Q3 25 | $41.9M | $-968.0K | ||
| Q2 25 | $-2.3M | $-4.0M | ||
| Q1 25 | $107.6M | $-23.1M | ||
| Q4 24 | $127.7M | $6.8M | ||
| Q3 24 | $93.3M | $1.1M | ||
| Q2 24 | $40.7M | $-8.9M |
| Q1 26 | — | — | ||
| Q4 25 | $141.8M | $-7.8M | ||
| Q3 25 | $38.3M | $-1.8M | ||
| Q2 25 | $-6.0M | $-7.0M | ||
| Q1 25 | $105.8M | $-25.3M | ||
| Q4 24 | $125.4M | $5.7M | ||
| Q3 24 | $93.2M | $101.0K | ||
| Q2 24 | $37.2M | $-11.0M |
| Q1 26 | — | — | ||
| Q4 25 | 78.8% | -5.5% | ||
| Q3 25 | 22.8% | -1.5% | ||
| Q2 25 | -4.0% | -6.6% | ||
| Q1 25 | 67.7% | -24.3% | ||
| Q4 24 | 81.3% | 4.4% | ||
| Q3 24 | 67.0% | 0.1% | ||
| Q2 24 | 37.9% | -9.2% |
| Q1 26 | — | — | ||
| Q4 25 | 6.5% | 1.4% | ||
| Q3 25 | 2.2% | 0.7% | ||
| Q2 25 | 2.4% | 2.8% | ||
| Q1 25 | 1.2% | 2.2% | ||
| Q4 24 | 1.5% | 0.8% | ||
| Q3 24 | 0.1% | 0.9% | ||
| Q2 24 | 3.6% | 1.7% |
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | 13.24× | — | ||
| Q2 25 | -0.07× | — | ||
| Q1 25 | 2.48× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 2.77× | — | ||
| Q2 24 | 8.56× | -330.22× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
NWBI
| Net Interest Income | $142.5M | 81% |
| Noninterest Income | $32.6M | 19% |
PRPL
| Cost Of Revenues | $81.7M | 58% |
| Other | $59.0M | 42% |
