vs
Side-by-side financial comparison of Palomar Holdings, Inc. (PLMR) and Purple Innovation, Inc. (PRPL). Click either name above to swap in a different company.
Palomar Holdings, Inc. is the larger business by last-quarter revenue ($253.4M vs $140.7M, roughly 1.8× Purple Innovation, Inc.). On growth, Palomar Holdings, Inc. posted the faster year-over-year revenue change (62.7% vs 9.1%). Palomar Holdings, Inc. produced more free cash flow last quarter ($409.0M vs $-7.8M). Over the past eight quarters, Palomar Holdings, Inc.'s revenue compounded faster (46.2% CAGR vs 8.3%).
Palomar Holdings, Inc. is a specialty insurance holding company that primarily provides property insurance products for catastrophe-exposed residential and commercial assets. It mainly operates across the United States, focusing on core segments including earthquake, flood, and windstorm coverage to meet high-risk property protection demands of customers.
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.”
PLMR vs PRPL — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $253.4M | $140.7M |
| Net Profit | — | $-3.2M |
| Gross Margin | — | 41.9% |
| Operating Margin | 28.7% | -1.6% |
| Net Margin | — | -2.3% |
| Revenue YoY | 62.7% | 9.1% |
| Net Profit YoY | — | 62.1% |
| EPS (diluted) | $2.05 | $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.
| Q4 25 | $253.4M | $140.7M | ||
| Q3 25 | $244.7M | $118.8M | ||
| Q2 25 | $203.3M | $105.1M | ||
| Q1 25 | $174.6M | $104.2M | ||
| Q4 24 | $155.8M | $129.0M | ||
| Q3 24 | $148.5M | $118.6M | ||
| Q2 24 | $131.1M | $120.3M | ||
| Q1 24 | $118.5M | $120.0M |
| Q4 25 | — | $-3.2M | ||
| Q3 25 | $51.5M | $-11.7M | ||
| Q2 25 | $46.5M | $-17.3M | ||
| Q1 25 | $42.9M | $-19.1M | ||
| Q4 24 | — | $-8.5M | ||
| Q3 24 | $30.5M | $-39.2M | ||
| Q2 24 | $25.7M | $27.0K | ||
| Q1 24 | $26.4M | $-50.2M |
| 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% |
| Q4 25 | 28.7% | -1.6% | ||
| Q3 25 | 27.4% | -10.2% | ||
| Q2 25 | 29.5% | -13.5% | ||
| Q1 25 | 30.8% | -13.9% | ||
| Q4 24 | 28.9% | -6.0% | ||
| Q3 24 | 25.9% | -39.5% | ||
| Q2 24 | 25.5% | -12.1% | ||
| Q1 24 | 29.0% | -19.3% |
| Q4 25 | — | -2.3% | ||
| Q3 25 | 21.0% | -9.9% | ||
| Q2 25 | 22.9% | -16.5% | ||
| Q1 25 | 24.6% | -18.4% | ||
| Q4 24 | — | -6.6% | ||
| Q3 24 | 20.5% | -33.1% | ||
| Q2 24 | 19.6% | 0.0% | ||
| Q1 24 | 22.3% | -41.8% |
| Q4 25 | $2.05 | $0.03 | ||
| Q3 25 | $1.87 | $0.11 | ||
| Q2 25 | $1.68 | $0.16 | ||
| Q1 25 | $1.57 | $0.18 | ||
| Q4 24 | $1.29 | $0.08 | ||
| Q3 24 | $1.15 | $0.36 | ||
| Q2 24 | $1.00 | $0.00 | ||
| Q1 24 | $1.04 | $0.47 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $106.9M | $24.3M |
| Total DebtLower is stronger | — | $126.7M |
| Stockholders' EquityBook value | $942.7M | $-29.7M |
| Total Assets | $3.1B | $296.3M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $106.9M | $24.3M | ||
| Q3 25 | $111.7M | $32.4M | ||
| Q2 25 | $81.3M | $34.2M | ||
| Q1 25 | $119.3M | $21.6M | ||
| Q4 24 | $80.4M | $29.0M | ||
| Q3 24 | $86.5M | $23.4M | ||
| Q2 24 | $47.8M | $23.4M | ||
| Q1 24 | $61.4M | $34.5M |
| Q4 25 | — | $126.7M | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $70.7M | ||
| Q3 24 | — | $50.8M | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $942.7M | $-29.7M | ||
| Q3 25 | $878.1M | $-26.9M | ||
| Q2 25 | $847.2M | $-15.6M | ||
| Q1 25 | $790.4M | $1.3M | ||
| Q4 24 | $729.0M | $20.2M | ||
| Q3 24 | $703.3M | $28.0M | ||
| Q2 24 | $532.6M | $66.4M | ||
| Q1 24 | $501.7M | $65.5M |
| Q4 25 | $3.1B | $296.3M | ||
| Q3 25 | $2.9B | $302.1M | ||
| Q2 25 | $2.8B | $303.8M | ||
| Q1 25 | $2.4B | $293.8M | ||
| Q4 24 | $2.3B | $307.8M | ||
| Q3 24 | $2.3B | $309.3M | ||
| Q2 24 | $2.0B | $362.1M | ||
| Q1 24 | $1.9B | $382.1M |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 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 | | |
|---|---|---|
| Operating Cash FlowLast quarter | $409.1M | $-5.8M |
| Free Cash FlowOCF − Capex | $409.0M | $-7.8M |
| FCF MarginFCF / Revenue | 161.4% | -5.5% |
| Capex IntensityCapex / Revenue | 0.1% | 1.4% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $700.6M | $-41.9M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $409.1M | $-5.8M | ||
| Q3 25 | $83.6M | $-968.0K | ||
| Q2 25 | $120.9M | $-4.0M | ||
| Q1 25 | $87.2M | $-23.1M | ||
| Q4 24 | $261.2M | $6.8M | ||
| Q3 24 | $100.3M | $1.1M | ||
| Q2 24 | $55.1M | $-8.9M | ||
| Q1 24 | $33.1M | $-16.8M |
| Q4 25 | $409.0M | $-7.8M | ||
| Q3 25 | $83.6M | $-1.8M | ||
| Q2 25 | $120.8M | $-7.0M | ||
| Q1 25 | $87.1M | $-25.3M | ||
| Q4 24 | $260.9M | $5.7M | ||
| Q3 24 | $100.1M | $101.0K | ||
| Q2 24 | — | $-11.0M | ||
| Q1 24 | — | $-19.9M |
| Q4 25 | 161.4% | -5.5% | ||
| Q3 25 | 34.2% | -1.5% | ||
| Q2 25 | 59.4% | -6.6% | ||
| Q1 25 | 49.9% | -24.3% | ||
| Q4 24 | 167.5% | 4.4% | ||
| Q3 24 | 67.4% | 0.1% | ||
| Q2 24 | — | -9.2% | ||
| Q1 24 | — | -16.5% |
| Q4 25 | 0.1% | 1.4% | ||
| Q3 25 | 0.0% | 0.7% | ||
| Q2 25 | 0.0% | 2.8% | ||
| Q1 25 | 0.0% | 2.2% | ||
| Q4 24 | 0.2% | 0.8% | ||
| Q3 24 | 0.1% | 0.9% | ||
| Q2 24 | 0.0% | 1.7% | ||
| Q1 24 | 0.0% | 2.5% |
| Q4 25 | — | — | ||
| Q3 25 | 1.63× | — | ||
| Q2 25 | 2.60× | — | ||
| Q1 25 | 2.03× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 3.29× | — | ||
| Q2 24 | 2.14× | -330.22× | ||
| Q1 24 | 1.26× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
PLMR
Segment breakdown not available.
PRPL
| Cost Of Revenues | $81.7M | 58% |
| Other | $59.0M | 42% |
