vs
Side-by-side financial comparison of DOUGLAS DYNAMICS, INC (PLOW) and Purple Innovation, Inc. (PRPL). Click either name above to swap in a different company.
DOUGLAS DYNAMICS, INC is the larger business by last-quarter revenue ($184.5M vs $140.7M, roughly 1.3× Purple Innovation, Inc.). DOUGLAS DYNAMICS, INC runs the higher net margin — 7.0% vs -2.3%, a 9.2% gap on every dollar of revenue. On growth, DOUGLAS DYNAMICS, INC posted the faster year-over-year revenue change (28.6% vs 9.1%). DOUGLAS DYNAMICS, INC produced more free cash flow last quarter ($92.8M vs $-7.8M). Over the past eight quarters, DOUGLAS DYNAMICS, INC's revenue compounded faster (38.9% CAGR vs 8.3%).
General Dynamics Corporation (GD) is an American industrial and technology company based in Reston, Virginia. It is primarily a developer and producer of advanced military equipment of a wide variety, such as nuclear submarines, main battle tanks, and armoured fighting vehicles. It is also the manufacturer of the civilian aviation Gulfstream business jets and a provider of information technology services. The company is the 3rd largest of the top 100 contractors of the U.S. federal government...
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.”
PLOW vs PRPL — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $184.5M | $140.7M |
| Net Profit | $12.8M | $-3.2M |
| Gross Margin | 26.1% | 41.9% |
| Operating Margin | 10.5% | -1.6% |
| Net Margin | 7.0% | -2.3% |
| Revenue YoY | 28.6% | 9.1% |
| Net Profit YoY | 62.3% | 62.1% |
| EPS (diluted) | $0.54 | $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 | $184.5M | $140.7M | ||
| Q3 25 | $162.1M | $118.8M | ||
| Q2 25 | $194.3M | $105.1M | ||
| Q1 25 | $115.1M | $104.2M | ||
| Q4 24 | $143.5M | $129.0M | ||
| Q3 24 | $129.4M | $118.6M | ||
| Q2 24 | $199.9M | $120.3M | ||
| Q1 24 | $95.7M | $120.0M |
| Q4 25 | $12.8M | $-3.2M | ||
| Q3 25 | $8.0M | $-11.7M | ||
| Q2 25 | $26.0M | $-17.3M | ||
| Q1 25 | $148.0K | $-19.1M | ||
| Q4 24 | $7.9M | $-8.5M | ||
| Q3 24 | $32.3M | $-39.2M | ||
| Q2 24 | $24.3M | $27.0K | ||
| Q1 24 | $-8.4M | $-50.2M |
| Q4 25 | 26.1% | 41.9% | ||
| Q3 25 | 23.5% | 42.8% | ||
| Q2 25 | 31.0% | 35.9% | ||
| Q1 25 | 24.5% | 39.4% | ||
| Q4 24 | 24.9% | 42.9% | ||
| Q3 24 | 23.9% | 29.7% | ||
| Q2 24 | 30.7% | 40.7% | ||
| Q1 24 | 19.8% | 34.8% |
| Q4 25 | 10.5% | -1.6% | ||
| Q3 25 | 8.7% | -10.2% | ||
| Q2 25 | 19.0% | -13.5% | ||
| Q1 25 | 2.8% | -13.9% | ||
| Q4 24 | 9.0% | -6.0% | ||
| Q3 24 | 35.4% | -39.5% | ||
| Q2 24 | 18.2% | -12.1% | ||
| Q1 24 | -6.7% | -19.3% |
| Q4 25 | 7.0% | -2.3% | ||
| Q3 25 | 4.9% | -9.9% | ||
| Q2 25 | 13.4% | -16.5% | ||
| Q1 25 | 0.1% | -18.4% | ||
| Q4 24 | 5.5% | -6.6% | ||
| Q3 24 | 24.9% | -33.1% | ||
| Q2 24 | 12.2% | 0.0% | ||
| Q1 24 | -8.7% | -41.8% |
| Q4 25 | $0.54 | $0.03 | ||
| Q3 25 | $0.33 | $0.11 | ||
| Q2 25 | $1.09 | $0.16 | ||
| Q1 25 | $0.00 | $0.18 | ||
| Q4 24 | $0.35 | $0.08 | ||
| Q3 24 | $1.36 | $0.36 | ||
| Q2 24 | $1.02 | $0.00 | ||
| Q1 24 | $-0.37 | $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 | — | $24.3M |
| Total DebtLower is stronger | $144.0M | $126.7M |
| Stockholders' EquityBook value | $281.4M | $-29.7M |
| Total Assets | $626.7M | $296.3M |
| Debt / EquityLower = less leverage | 0.51× | — |
8-quarter trend — quarters aligned by calendar period.
| 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 24 | — | $34.5M |
| Q4 25 | $144.0M | $126.7M | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $147.5M | $70.7M | ||
| Q3 24 | — | $50.8M | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $281.4M | $-29.7M | ||
| Q3 25 | $275.3M | $-26.9M | ||
| Q2 25 | $273.3M | $-15.6M | ||
| Q1 25 | $258.9M | $1.3M | ||
| Q4 24 | $264.2M | $20.2M | ||
| Q3 24 | $260.8M | $28.0M | ||
| Q2 24 | $236.7M | $66.4M | ||
| Q1 24 | $217.2M | $65.5M |
| Q4 25 | $626.7M | $296.3M | ||
| Q3 25 | $694.9M | $302.1M | ||
| Q2 25 | $671.5M | $303.8M | ||
| Q1 25 | $621.0M | $293.8M | ||
| Q4 24 | $590.0M | $307.8M | ||
| Q3 24 | $665.6M | $309.3M | ||
| Q2 24 | $617.0M | $362.1M | ||
| Q1 24 | $577.1M | $382.1M |
| Q4 25 | 0.51× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 0.56× | 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 | $95.9M | $-5.8M |
| Free Cash FlowOCF − Capex | $92.8M | $-7.8M |
| FCF MarginFCF / Revenue | 50.3% | -5.5% |
| Capex IntensityCapex / Revenue | 1.7% | 1.4% |
| Cash ConversionOCF / Net Profit | 7.47× | — |
| TTM Free Cash FlowTrailing 4 quarters | $63.6M | $-41.9M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $95.9M | $-5.8M | ||
| Q3 25 | $-8.5M | $-968.0K | ||
| Q2 25 | $-11.4M | $-4.0M | ||
| Q1 25 | $-1.3M | $-23.1M | ||
| Q4 24 | $74.4M | $6.8M | ||
| Q3 24 | $-14.2M | $1.1M | ||
| Q2 24 | $2.5M | $-8.9M | ||
| Q1 24 | $-21.6M | $-16.8M |
| Q4 25 | $92.8M | $-7.8M | ||
| Q3 25 | $-11.4M | $-1.8M | ||
| Q2 25 | $-14.3M | $-7.0M | ||
| Q1 25 | $-3.5M | $-25.3M | ||
| Q4 24 | $70.2M | $5.7M | ||
| Q3 24 | $-15.2M | $101.0K | ||
| Q2 24 | $836.0K | $-11.0M | ||
| Q1 24 | $-22.4M | $-19.9M |
| Q4 25 | 50.3% | -5.5% | ||
| Q3 25 | -7.1% | -1.5% | ||
| Q2 25 | -7.4% | -6.6% | ||
| Q1 25 | -3.0% | -24.3% | ||
| Q4 24 | 48.9% | 4.4% | ||
| Q3 24 | -11.8% | 0.1% | ||
| Q2 24 | 0.4% | -9.2% | ||
| Q1 24 | -23.4% | -16.5% |
| Q4 25 | 1.7% | 1.4% | ||
| Q3 25 | 1.8% | 0.7% | ||
| Q2 25 | 1.5% | 2.8% | ||
| Q1 25 | 1.9% | 2.2% | ||
| Q4 24 | 2.9% | 0.8% | ||
| Q3 24 | 0.8% | 0.9% | ||
| Q2 24 | 0.8% | 1.7% | ||
| Q1 24 | 0.8% | 2.5% |
| Q4 25 | 7.47× | — | ||
| Q3 25 | -1.07× | — | ||
| Q2 25 | -0.44× | — | ||
| Q1 25 | -9.03× | — | ||
| Q4 24 | 9.41× | — | ||
| Q3 24 | -0.44× | — | ||
| Q2 24 | 0.10× | -330.22× | ||
| Q1 24 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
PLOW
| Work Truck Solutions | $101.5M | 55% |
| Transferred At Point In Time | $83.1M | 45% |
PRPL
| Cost Of Revenues | $81.7M | 58% |
| Other | $59.0M | 42% |
