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Side-by-side financial comparison of Purple Innovation, Inc. (PRPL) and LiveRamp Holdings, Inc. (RAMP). Click either name above to swap in a different company.

LiveRamp Holdings, Inc. is the larger business by last-quarter revenue ($212.2M vs $140.7M, roughly 1.5× Purple Innovation, Inc.). LiveRamp Holdings, Inc. runs the higher net margin — 18.8% vs -2.3%, a 21.1% gap on every dollar of revenue. On growth, Purple Innovation, Inc. posted the faster year-over-year revenue change (9.1% vs 8.6%). Over the past eight quarters, LiveRamp Holdings, Inc.'s revenue compounded faster (11.1% 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.”

LiveRamp Holdings, Inc., is an American SaaS company that offers a data connectivity platform whose services include data onboarding, the transfer of offline data online for marketing purposes.

PRPL vs RAMP — Head-to-Head

Bigger by revenue
RAMP
RAMP
1.5× larger
RAMP
$212.2M
$140.7M
PRPL
Growing faster (revenue YoY)
PRPL
PRPL
+0.5% gap
PRPL
9.1%
8.6%
RAMP
Higher net margin
RAMP
RAMP
21.1% more per $
RAMP
18.8%
-2.3%
PRPL
Faster 2-yr revenue CAGR
RAMP
RAMP
Annualised
RAMP
11.1%
8.3%
PRPL

Income Statement — Q4 FY2025 vs Q3 FY2026

Metric
PRPL
PRPL
RAMP
RAMP
Revenue
$140.7M
$212.2M
Net Profit
$-3.2M
$39.9M
Gross Margin
41.9%
71.9%
Operating Margin
-1.6%
18.6%
Net Margin
-2.3%
18.8%
Revenue YoY
9.1%
8.6%
Net Profit YoY
62.1%
255.7%
EPS (diluted)
$0.03
$0.62

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
RAMP
RAMP
Q4 25
$140.7M
$212.2M
Q3 25
$118.8M
$199.8M
Q2 25
$105.1M
$194.8M
Q1 25
$104.2M
$188.7M
Q4 24
$129.0M
$195.4M
Q3 24
$118.6M
$185.5M
Q2 24
$120.3M
$176.0M
Q1 24
$120.0M
$171.9M
Net Profit
PRPL
PRPL
RAMP
RAMP
Q4 25
$-3.2M
$39.9M
Q3 25
$-11.7M
$27.4M
Q2 25
$-17.3M
$7.7M
Q1 25
$-19.1M
$-6.3M
Q4 24
$-8.5M
$11.2M
Q3 24
$-39.2M
$1.7M
Q2 24
$27.0K
$-7.5M
Q1 24
$-50.2M
$-5.4M
Gross Margin
PRPL
PRPL
RAMP
RAMP
Q4 25
41.9%
71.9%
Q3 25
42.8%
70.2%
Q2 25
35.9%
70.1%
Q1 25
39.4%
69.3%
Q4 24
42.9%
71.9%
Q3 24
29.7%
72.4%
Q2 24
40.7%
70.6%
Q1 24
34.8%
72.2%
Operating Margin
PRPL
PRPL
RAMP
RAMP
Q4 25
-1.6%
18.6%
Q3 25
-10.2%
10.7%
Q2 25
-13.5%
3.7%
Q1 25
-13.9%
-6.1%
Q4 24
-6.0%
7.5%
Q3 24
-39.5%
4.0%
Q2 24
-12.1%
-3.0%
Q1 24
-19.3%
-8.3%
Net Margin
PRPL
PRPL
RAMP
RAMP
Q4 25
-2.3%
18.8%
Q3 25
-9.9%
13.7%
Q2 25
-16.5%
4.0%
Q1 25
-18.4%
-3.3%
Q4 24
-6.6%
5.7%
Q3 24
-33.1%
0.9%
Q2 24
0.0%
-4.3%
Q1 24
-41.8%
-3.1%
EPS (diluted)
PRPL
PRPL
RAMP
RAMP
Q4 25
$0.03
$0.62
Q3 25
$0.11
$0.42
Q2 25
$0.16
$0.12
Q1 25
$0.18
$-0.10
Q4 24
$0.08
$0.17
Q3 24
$0.36
$0.03
Q2 24
$0.00
$-0.11
Q1 24
$0.47
$-0.09

Balance Sheet & Financial Strength

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

Metric
PRPL
PRPL
RAMP
RAMP
Cash + ST InvestmentsLiquidity on hand
$24.3M
$403.4M
Total DebtLower is stronger
$126.7M
Stockholders' EquityBook value
$-29.7M
$962.3M
Total Assets
$296.3M
$1.3B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PRPL
PRPL
RAMP
RAMP
Q4 25
$24.3M
$403.4M
Q3 25
$32.4M
$376.9M
Q2 25
$34.2M
$371.1M
Q1 25
$21.6M
$420.8M
Q4 24
$29.0M
$384.3M
Q3 24
$23.4M
$348.4M
Q2 24
$23.4M
$342.7M
Q1 24
$34.5M
$368.9M
Total Debt
PRPL
PRPL
RAMP
RAMP
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
RAMP
RAMP
Q4 25
$-29.7M
$962.3M
Q3 25
$-26.9M
$943.8M
Q2 25
$-15.6M
$947.8M
Q1 25
$1.3M
$948.9M
Q4 24
$20.2M
$957.7M
Q3 24
$28.0M
$932.1M
Q2 24
$66.4M
$951.9M
Q1 24
$65.5M
$949.1M
Total Assets
PRPL
PRPL
RAMP
RAMP
Q4 25
$296.3M
$1.3B
Q3 25
$302.1M
$1.2B
Q2 25
$303.8M
$1.2B
Q1 25
$293.8M
$1.3B
Q4 24
$307.8M
$1.3B
Q3 24
$309.3M
$1.2B
Q2 24
$362.1M
$1.2B
Q1 24
$382.1M
$1.2B
Debt / Equity
PRPL
PRPL
RAMP
RAMP
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
RAMP
RAMP
Operating Cash FlowLast quarter
$-5.8M
Free Cash FlowOCF − Capex
$-7.8M
FCF MarginFCF / Revenue
-5.5%
Capex IntensityCapex / Revenue
1.4%
0.1%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-41.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
PRPL
PRPL
RAMP
RAMP
Q4 25
$-5.8M
Q3 25
$-968.0K
$57.4M
Q2 25
$-4.0M
$-15.8M
Q1 25
$-23.1M
Q4 24
$6.8M
$45.1M
Q3 24
$1.1M
$55.6M
Q2 24
$-8.9M
$-9.3M
Q1 24
$-16.8M
Free Cash Flow
PRPL
PRPL
RAMP
RAMP
Q4 25
$-7.8M
Q3 25
$-1.8M
$56.8M
Q2 25
$-7.0M
$-16.2M
Q1 25
$-25.3M
Q4 24
$5.7M
$44.8M
Q3 24
$101.0K
$55.4M
Q2 24
$-11.0M
$-9.6M
Q1 24
$-19.9M
FCF Margin
PRPL
PRPL
RAMP
RAMP
Q4 25
-5.5%
Q3 25
-1.5%
28.4%
Q2 25
-6.6%
-8.3%
Q1 25
-24.3%
Q4 24
4.4%
22.9%
Q3 24
0.1%
29.8%
Q2 24
-9.2%
-5.4%
Q1 24
-16.5%
Capex Intensity
PRPL
PRPL
RAMP
RAMP
Q4 25
1.4%
0.1%
Q3 25
0.7%
0.3%
Q2 25
2.8%
0.2%
Q1 25
2.2%
0.2%
Q4 24
0.8%
0.1%
Q3 24
0.9%
0.1%
Q2 24
1.7%
0.1%
Q1 24
2.5%
1.0%
Cash Conversion
PRPL
PRPL
RAMP
RAMP
Q4 25
Q3 25
2.09×
Q2 25
-2.04×
Q1 25
Q4 24
4.02×
Q3 24
32.10×
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%

RAMP
RAMP

Segment breakdown not available.

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