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

PTC THERAPEUTICS, INC. is the larger business by last-quarter revenue ($164.7M vs $140.7M, roughly 1.2× Purple Innovation, Inc.). Purple Innovation, Inc. runs the higher net margin — -2.3% vs -82.0%, a 79.7% gap on every dollar of revenue. On growth, Purple Innovation, Inc. posted the faster year-over-year revenue change (9.1% vs -22.7%). Purple Innovation, Inc. produced more free cash flow last quarter ($-7.8M vs $-36.6M). Over the past eight quarters, Purple Innovation, Inc.'s revenue compounded faster (8.3% CAGR vs -11.5%).

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.”

PTC Therapeutics, Inc. is a US pharmaceutical company focused on the development of orally administered small molecule drugs and gene therapy which regulate gene expression by targeting post-transcriptional control (PTC) mechanisms in orphan diseases.

PRPL vs PTCT — Head-to-Head

Bigger by revenue
PTCT
PTCT
1.2× larger
PTCT
$164.7M
$140.7M
PRPL
Growing faster (revenue YoY)
PRPL
PRPL
+31.8% gap
PRPL
9.1%
-22.7%
PTCT
Higher net margin
PRPL
PRPL
79.7% more per $
PRPL
-2.3%
-82.0%
PTCT
More free cash flow
PRPL
PRPL
$28.8M more FCF
PRPL
$-7.8M
$-36.6M
PTCT
Faster 2-yr revenue CAGR
PRPL
PRPL
Annualised
PRPL
8.3%
-11.5%
PTCT

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
PRPL
PRPL
PTCT
PTCT
Revenue
$140.7M
$164.7M
Net Profit
$-3.2M
$-135.0M
Gross Margin
41.9%
Operating Margin
-1.6%
-43.3%
Net Margin
-2.3%
-82.0%
Revenue YoY
9.1%
-22.7%
Net Profit YoY
62.1%
-104.8%
EPS (diluted)
$0.03
$-1.63

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
PRPL
PRPL
PTCT
PTCT
Q4 25
$140.7M
$164.7M
Q3 25
$118.8M
$211.0M
Q2 25
$105.1M
$178.9M
Q1 25
$104.2M
$1.2B
Q4 24
$129.0M
$213.2M
Q3 24
$118.6M
$196.8M
Q2 24
$120.3M
$186.7M
Q1 24
$120.0M
$210.1M
Net Profit
PRPL
PRPL
PTCT
PTCT
Q4 25
$-3.2M
$-135.0M
Q3 25
$-11.7M
$15.9M
Q2 25
$-17.3M
$-64.8M
Q1 25
$-19.1M
$866.6M
Q4 24
$-8.5M
$-65.9M
Q3 24
$-39.2M
$-106.7M
Q2 24
$27.0K
$-99.2M
Q1 24
$-50.2M
$-91.6M
Gross Margin
PRPL
PRPL
PTCT
PTCT
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%
Operating Margin
PRPL
PRPL
PTCT
PTCT
Q4 25
-1.6%
-43.3%
Q3 25
-10.2%
1.4%
Q2 25
-13.5%
-19.5%
Q1 25
-13.9%
82.5%
Q4 24
-6.0%
-76.2%
Q3 24
-39.5%
-27.7%
Q2 24
-12.1%
-21.5%
Q1 24
-19.3%
-21.6%
Net Margin
PRPL
PRPL
PTCT
PTCT
Q4 25
-2.3%
-82.0%
Q3 25
-9.9%
7.5%
Q2 25
-16.5%
-36.3%
Q1 25
-18.4%
73.7%
Q4 24
-6.6%
-30.9%
Q3 24
-33.1%
-54.2%
Q2 24
0.0%
-53.1%
Q1 24
-41.8%
-43.6%
EPS (diluted)
PRPL
PRPL
PTCT
PTCT
Q4 25
$0.03
$-1.63
Q3 25
$0.11
$0.20
Q2 25
$0.16
$-0.83
Q1 25
$0.18
$10.04
Q4 24
$0.08
$-0.85
Q3 24
$0.36
$-1.39
Q2 24
$0.00
$-1.29
Q1 24
$0.47
$-1.20

Balance Sheet & Financial Strength

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

Metric
PRPL
PRPL
PTCT
PTCT
Cash + ST InvestmentsLiquidity on hand
$24.3M
$1.9B
Total DebtLower is stronger
$126.7M
Stockholders' EquityBook value
$-29.7M
$-205.3M
Total Assets
$296.3M
$2.9B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PRPL
PRPL
PTCT
PTCT
Q4 25
$24.3M
$1.9B
Q3 25
$32.4M
$1.7B
Q2 25
$34.2M
$2.0B
Q1 25
$21.6M
$2.0B
Q4 24
$29.0M
$1.1B
Q3 24
$23.4M
$1.0B
Q2 24
$23.4M
$1.1B
Q1 24
$34.5M
$884.8M
Total Debt
PRPL
PRPL
PTCT
PTCT
Q4 25
$126.7M
Q3 25
Q2 25
Q1 25
Q4 24
$70.7M
Q3 24
$50.8M
Q2 24
Q1 24
Stockholders' Equity
PRPL
PRPL
PTCT
PTCT
Q4 25
$-29.7M
$-205.3M
Q3 25
$-26.9M
$-155.8M
Q2 25
$-15.6M
$-206.5M
Q1 25
$1.3M
$-185.8M
Q4 24
$20.2M
$-1.1B
Q3 24
$28.0M
$-1.1B
Q2 24
$66.4M
$-980.2M
Q1 24
$65.5M
$-893.9M
Total Assets
PRPL
PRPL
PTCT
PTCT
Q4 25
$296.3M
$2.9B
Q3 25
$302.1M
$2.6B
Q2 25
$303.8M
$2.6B
Q1 25
$293.8M
$2.7B
Q4 24
$307.8M
$1.7B
Q3 24
$309.3M
$1.8B
Q2 24
$362.1M
$1.9B
Q1 24
$382.1M
$1.8B
Debt / Equity
PRPL
PRPL
PTCT
PTCT
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
PRPL
PRPL
PTCT
PTCT
Operating Cash FlowLast quarter
$-5.8M
$-34.3M
Free Cash FlowOCF − Capex
$-7.8M
$-36.6M
FCF MarginFCF / Revenue
-5.5%
-22.3%
Capex IntensityCapex / Revenue
1.4%
1.4%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-41.9M
$702.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
PRPL
PRPL
PTCT
PTCT
Q4 25
$-5.8M
$-34.3M
Q3 25
$-968.0K
$-66.3M
Q2 25
$-4.0M
$-58.3M
Q1 25
$-23.1M
$870.1M
Q4 24
$6.8M
$-30.0M
Q3 24
$1.1M
$-77.0M
Q2 24
$-8.9M
$-71.5M
Q1 24
$-16.8M
$70.8M
Free Cash Flow
PRPL
PRPL
PTCT
PTCT
Q4 25
$-7.8M
$-36.6M
Q3 25
$-1.8M
$-69.7M
Q2 25
$-7.0M
$-59.6M
Q1 25
$-25.3M
$868.4M
Q4 24
$5.7M
$-33.8M
Q3 24
$101.0K
$-77.5M
Q2 24
$-11.0M
$-78.8M
Q1 24
$-19.9M
$61.2M
FCF Margin
PRPL
PRPL
PTCT
PTCT
Q4 25
-5.5%
-22.3%
Q3 25
-1.5%
-33.1%
Q2 25
-6.6%
-33.3%
Q1 25
-24.3%
73.8%
Q4 24
4.4%
-15.8%
Q3 24
0.1%
-39.4%
Q2 24
-9.2%
-42.2%
Q1 24
-16.5%
29.1%
Capex Intensity
PRPL
PRPL
PTCT
PTCT
Q4 25
1.4%
1.4%
Q3 25
0.7%
1.6%
Q2 25
2.8%
0.7%
Q1 25
2.2%
0.1%
Q4 24
0.8%
1.8%
Q3 24
0.9%
0.3%
Q2 24
1.7%
4.0%
Q1 24
2.5%
4.6%
Cash Conversion
PRPL
PRPL
PTCT
PTCT
Q4 25
Q3 25
-4.17×
Q2 25
Q1 25
1.00×
Q4 24
Q3 24
Q2 24
-330.22×
Q1 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

PRPL
PRPL

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

PTCT
PTCT

Segment breakdown not available.

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