vs
Side-by-side financial comparison of Purple Innovation, Inc. (PRPL) and Perella Weinberg Partners (PWP). Click either name above to swap in a different company.
Perella Weinberg Partners is the larger business by last-quarter revenue ($219.2M vs $140.7M, roughly 1.6× Purple Innovation, Inc.). Perella Weinberg Partners runs the higher net margin — 6.3% vs -2.3%, a 8.6% gap on every dollar of revenue. On growth, Purple Innovation, Inc. posted the faster year-over-year revenue change (9.1% vs -2.9%). Perella Weinberg Partners produced more free cash flow last quarter ($30.5M vs $-7.8M). Over the past eight quarters, Perella Weinberg Partners's revenue compounded faster (46.5% CAGR vs 8.3%).
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.”
PJT Partners, Inc. is a global advisory-focused investment bank, founded in October 2015 as part of The Blackstone Group's spin-off of its financial and strategic advisory services businesses.
PRPL vs PWP — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $140.7M | $219.2M |
| Net Profit | $-3.2M | $13.8M |
| Gross Margin | 41.9% | — |
| Operating Margin | -1.6% | 8.5% |
| Net Margin | -2.3% | 6.3% |
| Revenue YoY | 9.1% | -2.9% |
| Net Profit YoY | 62.1% | — |
| EPS (diluted) | $0.03 | $0.11 |
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 | $140.7M | $219.2M | ||
| Q3 25 | $118.8M | $164.6M | ||
| Q2 25 | $105.1M | $155.3M | ||
| Q1 25 | $104.2M | $211.8M | ||
| Q4 24 | $129.0M | $225.7M | ||
| Q3 24 | $118.6M | $278.2M | ||
| Q2 24 | $120.3M | $272.0M | ||
| Q1 24 | $120.0M | $102.1M |
| Q4 25 | $-3.2M | $13.8M | ||
| Q3 25 | $-11.7M | $6.0M | ||
| Q2 25 | $-17.3M | $2.7M | ||
| Q1 25 | $-19.1M | $17.3M | ||
| Q4 24 | $-8.5M | — | ||
| Q3 24 | $-39.2M | $16.4M | ||
| Q2 24 | $27.0K | $-66.0M | ||
| Q1 24 | $-50.2M | $-35.8M |
| 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 | -1.6% | 8.5% | ||
| Q3 25 | -10.2% | 5.4% | ||
| Q2 25 | -13.5% | 5.8% | ||
| Q1 25 | -13.9% | 5.5% | ||
| Q4 24 | -6.0% | — | ||
| Q3 24 | -39.5% | 12.9% | ||
| Q2 24 | -12.1% | -30.2% | ||
| Q1 24 | -19.3% | -52.4% |
| Q4 25 | -2.3% | 6.3% | ||
| Q3 25 | -9.9% | 3.6% | ||
| Q2 25 | -16.5% | 1.8% | ||
| Q1 25 | -18.4% | 8.2% | ||
| Q4 24 | -6.6% | — | ||
| Q3 24 | -33.1% | 5.9% | ||
| Q2 24 | 0.0% | -24.3% | ||
| Q1 24 | -41.8% | -35.1% |
| Q4 25 | $0.03 | $0.11 | ||
| Q3 25 | $0.11 | $0.08 | ||
| Q2 25 | $0.16 | $0.04 | ||
| Q1 25 | $0.18 | $0.24 | ||
| Q4 24 | $0.08 | — | ||
| Q3 24 | $0.36 | $0.24 | ||
| Q2 24 | $0.00 | $-1.21 | ||
| Q1 24 | $0.47 | $-0.91 |
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 | $255.9M |
| Total DebtLower is stronger | $126.7M | — |
| Stockholders' EquityBook value | $-29.7M | $-127.4M |
| Total Assets | $296.3M | $797.6M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $24.3M | $255.9M | ||
| Q3 25 | $32.4M | $185.5M | ||
| Q2 25 | $34.2M | $145.0M | ||
| Q1 25 | $21.6M | $111.2M | ||
| Q4 24 | $29.0M | $407.4M | ||
| Q3 24 | $23.4M | $335.1M | ||
| Q2 24 | $23.4M | $185.3M | ||
| Q1 24 | $34.5M | $156.7M |
| Q4 25 | $126.7M | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $70.7M | — | ||
| Q3 24 | $50.8M | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $-29.7M | $-127.4M | ||
| Q3 25 | $-26.9M | $-302.4M | ||
| Q2 25 | $-15.6M | $-318.4M | ||
| Q1 25 | $1.3M | $-323.1M | ||
| Q4 24 | $20.2M | $-421.4M | ||
| Q3 24 | $28.0M | $-360.8M | ||
| Q2 24 | $66.4M | $-283.0M | ||
| Q1 24 | $65.5M | $161.9M |
| Q4 25 | $296.3M | $797.6M | ||
| Q3 25 | $302.1M | $650.2M | ||
| Q2 25 | $303.8M | $606.7M | ||
| Q1 25 | $293.8M | $570.5M | ||
| Q4 24 | $307.8M | $876.8M | ||
| Q3 24 | $309.3M | $810.9M | ||
| Q2 24 | $362.1M | $645.5M | ||
| Q1 24 | $382.1M | $583.6M |
| 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 | $-5.8M | $34.8M |
| Free Cash FlowOCF − Capex | $-7.8M | $30.5M |
| FCF MarginFCF / Revenue | -5.5% | 13.9% |
| Capex IntensityCapex / Revenue | 1.4% | 2.0% |
| Cash ConversionOCF / Net Profit | — | 2.52× |
| TTM Free Cash FlowTrailing 4 quarters | $-41.9M | $-34.1M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-5.8M | $34.8M | ||
| Q3 25 | $-968.0K | $59.2M | ||
| Q2 25 | $-4.0M | $56.1M | ||
| Q1 25 | $-23.1M | $-176.5M | ||
| Q4 24 | $6.8M | $223.4M | ||
| Q3 24 | $1.1M | $200.3M | ||
| Q2 24 | $-8.9M | $90.0M | ||
| Q1 24 | $-16.8M | $-206.3M |
| Q4 25 | $-7.8M | $30.5M | ||
| Q3 25 | $-1.8M | $57.6M | ||
| Q2 25 | $-7.0M | $55.3M | ||
| Q1 25 | $-25.3M | $-177.6M | ||
| Q4 24 | $5.7M | $207.0M | ||
| Q3 24 | $101.0K | $199.3M | ||
| Q2 24 | $-11.0M | $83.7M | ||
| Q1 24 | $-19.9M | $-214.8M |
| Q4 25 | -5.5% | 13.9% | ||
| Q3 25 | -1.5% | 35.0% | ||
| Q2 25 | -6.6% | 35.6% | ||
| Q1 25 | -24.3% | -83.8% | ||
| Q4 24 | 4.4% | 91.7% | ||
| Q3 24 | 0.1% | 71.6% | ||
| Q2 24 | -9.2% | 30.8% | ||
| Q1 24 | -16.5% | -210.3% |
| Q4 25 | 1.4% | 2.0% | ||
| Q3 25 | 0.7% | 0.9% | ||
| Q2 25 | 2.8% | 0.5% | ||
| Q1 25 | 2.2% | 0.5% | ||
| Q4 24 | 0.8% | 7.3% | ||
| Q3 24 | 0.9% | 0.4% | ||
| Q2 24 | 1.7% | 2.3% | ||
| Q1 24 | 2.5% | 8.3% |
| Q4 25 | — | 2.52× | ||
| Q3 25 | — | 9.85× | ||
| Q2 25 | — | 20.50× | ||
| Q1 25 | — | -10.18× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 12.23× | ||
| Q2 24 | -330.22× | — | ||
| Q1 24 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
PRPL
| Cost Of Revenues | $81.7M | 58% |
| Other | $59.0M | 42% |
PWP
Segment breakdown not available.
