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Side-by-side financial comparison of POWELL INDUSTRIES INC (POWL) and Purple Innovation, Inc. (PRPL). Click either name above to swap in a different company.

POWELL INDUSTRIES INC is the larger business by last-quarter revenue ($251.2M vs $140.7M, roughly 1.8× Purple Innovation, Inc.). POWELL INDUSTRIES INC runs the higher net margin — 16.5% vs -2.3%, a 18.8% gap on every dollar of revenue. On growth, Purple Innovation, Inc. posted the faster year-over-year revenue change (9.1% vs 4.0%). POWELL INDUSTRIES INC produced more free cash flow last quarter ($41.6M vs $-7.8M). Over the past eight quarters, Purple Innovation, Inc.'s revenue compounded faster (8.3% CAGR vs -0.8%).

Powell Industries, Inc. is a manufacturer of Integrated/Packaged Solutions and Electrical Equipment to monitor and control the distribution of electrical power in commercial and industrial markets founded in 1947. Its headquarters is in Houston, Texas.

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.”

POWL vs PRPL — Head-to-Head

Bigger by revenue
POWL
POWL
1.8× larger
POWL
$251.2M
$140.7M
PRPL
Growing faster (revenue YoY)
PRPL
PRPL
+5.0% gap
PRPL
9.1%
4.0%
POWL
Higher net margin
POWL
POWL
18.8% more per $
POWL
16.5%
-2.3%
PRPL
More free cash flow
POWL
POWL
$49.4M more FCF
POWL
$41.6M
$-7.8M
PRPL
Faster 2-yr revenue CAGR
PRPL
PRPL
Annualised
PRPL
8.3%
-0.8%
POWL

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
POWL
POWL
PRPL
PRPL
Revenue
$251.2M
$140.7M
Net Profit
$41.4M
$-3.2M
Gross Margin
28.4%
41.9%
Operating Margin
17.0%
-1.6%
Net Margin
16.5%
-2.3%
Revenue YoY
4.0%
9.1%
Net Profit YoY
19.1%
62.1%
EPS (diluted)
$3.40
$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
POWL
POWL
PRPL
PRPL
Q4 25
$251.2M
$140.7M
Q3 25
$298.0M
$118.8M
Q2 25
$286.3M
$105.1M
Q1 25
$278.6M
$104.2M
Q4 24
$241.4M
$129.0M
Q3 24
$275.1M
$118.6M
Q2 24
$288.2M
$120.3M
Q1 24
$255.1M
$120.0M
Net Profit
POWL
POWL
PRPL
PRPL
Q4 25
$41.4M
$-3.2M
Q3 25
$51.4M
$-11.7M
Q2 25
$48.2M
$-17.3M
Q1 25
$46.3M
$-19.1M
Q4 24
$34.8M
$-8.5M
Q3 24
$46.1M
$-39.2M
Q2 24
$46.2M
$27.0K
Q1 24
$33.5M
$-50.2M
Gross Margin
POWL
POWL
PRPL
PRPL
Q4 25
28.4%
41.9%
Q3 25
31.4%
42.8%
Q2 25
30.7%
35.9%
Q1 25
29.9%
39.4%
Q4 24
24.7%
42.9%
Q3 24
29.2%
29.7%
Q2 24
28.4%
40.7%
Q1 24
24.6%
34.8%
Operating Margin
POWL
POWL
PRPL
PRPL
Q4 25
17.0%
-1.6%
Q3 25
21.2%
-10.2%
Q2 25
21.0%
-13.5%
Q1 25
21.1%
-13.9%
Q4 24
14.7%
-6.0%
Q3 24
20.4%
-39.5%
Q2 24
19.9%
-12.1%
Q1 24
15.5%
-19.3%
Net Margin
POWL
POWL
PRPL
PRPL
Q4 25
16.5%
-2.3%
Q3 25
17.3%
-9.9%
Q2 25
16.8%
-16.5%
Q1 25
16.6%
-18.4%
Q4 24
14.4%
-6.6%
Q3 24
16.7%
-33.1%
Q2 24
16.0%
0.0%
Q1 24
13.1%
-41.8%
EPS (diluted)
POWL
POWL
PRPL
PRPL
Q4 25
$3.40
$0.03
Q3 25
$4.23
$0.11
Q2 25
$3.96
$0.16
Q1 25
$3.81
$0.18
Q4 24
$2.86
$0.08
Q3 24
$3.77
$0.36
Q2 24
$3.79
$0.00
Q1 24
$2.75
$0.47

Balance Sheet & Financial Strength

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

Metric
POWL
POWL
PRPL
PRPL
Cash + ST InvestmentsLiquidity on hand
$500.8M
$24.3M
Total DebtLower is stronger
$126.7M
Stockholders' EquityBook value
$668.9M
$-29.7M
Total Assets
$1.1B
$296.3M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
POWL
POWL
PRPL
PRPL
Q4 25
$500.8M
$24.3M
Q3 25
$475.5M
$32.4M
Q2 25
$433.0M
$34.2M
Q1 25
$389.3M
$21.6M
Q4 24
$373.4M
$29.0M
Q3 24
$358.4M
$23.4M
Q2 24
$374.0M
$23.4M
Q1 24
$365.3M
$34.5M
Total Debt
POWL
POWL
PRPL
PRPL
Q4 25
$126.7M
Q3 25
Q2 25
Q1 25
Q4 24
$70.7M
Q3 24
$50.8M
Q2 24
Q1 24
Stockholders' Equity
POWL
POWL
PRPL
PRPL
Q4 25
$668.9M
$-29.7M
Q3 25
$640.8M
$-26.9M
Q2 25
$594.9M
$-15.6M
Q1 25
$541.4M
$1.3M
Q4 24
$496.3M
$20.2M
Q3 24
$483.1M
$28.0M
Q2 24
$436.7M
$66.4M
Q1 24
$393.8M
$65.5M
Total Assets
POWL
POWL
PRPL
PRPL
Q4 25
$1.1B
$296.3M
Q3 25
$1.1B
$302.1M
Q2 25
$1.0B
$303.8M
Q1 25
$965.4M
$293.8M
Q4 24
$912.7M
$307.8M
Q3 24
$928.2M
$309.3M
Q2 24
$869.0M
$362.1M
Q1 24
$849.6M
$382.1M
Debt / Equity
POWL
POWL
PRPL
PRPL
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
POWL
POWL
PRPL
PRPL
Operating Cash FlowLast quarter
$43.6M
$-5.8M
Free Cash FlowOCF − Capex
$41.6M
$-7.8M
FCF MarginFCF / Revenue
16.6%
-5.5%
Capex IntensityCapex / Revenue
0.8%
1.4%
Cash ConversionOCF / Net Profit
1.05×
TTM Free Cash FlowTrailing 4 quarters
$161.5M
$-41.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
POWL
POWL
PRPL
PRPL
Q4 25
$43.6M
$-5.8M
Q3 25
$61.1M
$-968.0K
Q2 25
$47.4M
$-4.0M
Q1 25
$22.4M
$-23.1M
Q4 24
$37.1M
$6.8M
Q3 24
$-6.0M
$1.1M
Q2 24
$13.8M
$-8.9M
Q1 24
$17.0M
$-16.8M
Free Cash Flow
POWL
POWL
PRPL
PRPL
Q4 25
$41.6M
$-7.8M
Q3 25
$59.3M
$-1.8M
Q2 25
$42.3M
$-7.0M
Q1 25
$18.3M
$-25.3M
Q4 24
$34.9M
$5.7M
Q3 24
$-14.4M
$101.0K
Q2 24
$12.4M
$-11.0M
Q1 24
$16.1M
$-19.9M
FCF Margin
POWL
POWL
PRPL
PRPL
Q4 25
16.6%
-5.5%
Q3 25
19.9%
-1.5%
Q2 25
14.8%
-6.6%
Q1 25
6.6%
-24.3%
Q4 24
14.4%
4.4%
Q3 24
-5.3%
0.1%
Q2 24
4.3%
-9.2%
Q1 24
6.3%
-16.5%
Capex Intensity
POWL
POWL
PRPL
PRPL
Q4 25
0.8%
1.4%
Q3 25
0.6%
0.7%
Q2 25
1.8%
2.8%
Q1 25
1.5%
2.2%
Q4 24
0.9%
0.8%
Q3 24
3.1%
0.9%
Q2 24
0.5%
1.7%
Q1 24
0.4%
2.5%
Cash Conversion
POWL
POWL
PRPL
PRPL
Q4 25
1.05×
Q3 25
1.19×
Q2 25
0.98×
Q1 25
0.48×
Q4 24
1.07×
Q3 24
-0.13×
Q2 24
0.30×
-330.22×
Q1 24
0.51×

Financial Flow Comparison

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

Revenue Breakdown by Segment

POWL
POWL

Oil And Gas Service$97.9M39%
Electricity$69.3M28%
Commercial And Other Industrial$40.6M16%
Petrochemical$22.8M9%
Other Customers$12.0M5%
Light Rail Traction Power Customer$8.6M3%

PRPL
PRPL

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

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