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Side-by-side financial comparison of Purple Innovation, Inc. (PRPL) and RADIANT LOGISTICS, INC (RLGT). Click either name above to swap in a different company.
RADIANT LOGISTICS, INC is the larger business by last-quarter revenue ($232.1M vs $140.7M, roughly 1.6× Purple Innovation, Inc.). RADIANT LOGISTICS, INC runs the higher net margin — 2.3% vs -2.3%, a 4.6% gap on every dollar of revenue. On growth, Purple Innovation, Inc. posted the faster year-over-year revenue change (9.1% vs -12.3%). RADIANT LOGISTICS, INC produced more free cash flow last quarter ($11.6M vs $-7.8M). Over the past eight quarters, RADIANT LOGISTICS, INC's revenue compounded faster (12.1% 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.”
Radiant Logistics, Inc. is a leading third-party logistics provider offering end-to-end supply chain solutions, domestic and international freight forwarding, warehousing, and last-mile delivery services. It primarily serves North American markets, with key client segments including retail, manufacturing, e-commerce, and industrial sectors, helping businesses optimize logistics workflows and cut operational costs.
PRPL vs RLGT — Head-to-Head
Income Statement — Q4 FY2025 vs Q2 FY2026
| Metric | | |
|---|---|---|
| Revenue | $140.7M | $232.1M |
| Net Profit | $-3.2M | $5.3M |
| Gross Margin | 41.9% | — |
| Operating Margin | -1.6% | 3.2% |
| Net Margin | -2.3% | 2.3% |
| Revenue YoY | 9.1% | -12.3% |
| Net Profit YoY | 62.1% | -18.0% |
| 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 | $232.1M | ||
| Q3 25 | $118.8M | $226.7M | ||
| Q2 25 | $105.1M | $220.6M | ||
| Q1 25 | $104.2M | $214.0M | ||
| Q4 24 | $129.0M | $264.5M | ||
| Q3 24 | $118.6M | $203.6M | ||
| Q2 24 | $120.3M | $206.0M | ||
| Q1 24 | $120.0M | $184.6M |
| Q4 25 | $-3.2M | $5.3M | ||
| Q3 25 | $-11.7M | $1.3M | ||
| Q2 25 | $-17.3M | $4.9M | ||
| Q1 25 | $-19.1M | $2.5M | ||
| Q4 24 | $-8.5M | $6.5M | ||
| Q3 24 | $-39.2M | $3.4M | ||
| Q2 24 | $27.0K | $4.8M | ||
| Q1 24 | $-50.2M | $-703.0K |
| 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% | 3.2% | ||
| Q3 25 | -10.2% | 0.9% | ||
| Q2 25 | -13.5% | 2.4% | ||
| Q1 25 | -13.9% | 1.6% | ||
| Q4 24 | -6.0% | 3.3% | ||
| Q3 24 | -39.5% | 1.9% | ||
| Q2 24 | -12.1% | 2.4% | ||
| Q1 24 | -19.3% | -0.5% |
| Q4 25 | -2.3% | 2.3% | ||
| Q3 25 | -9.9% | 0.6% | ||
| Q2 25 | -16.5% | 2.2% | ||
| Q1 25 | -18.4% | 1.2% | ||
| Q4 24 | -6.6% | 2.4% | ||
| Q3 24 | -33.1% | 1.7% | ||
| Q2 24 | 0.0% | 2.3% | ||
| Q1 24 | -41.8% | -0.4% |
| Q4 25 | $0.03 | $0.11 | ||
| Q3 25 | $0.11 | $0.03 | ||
| Q2 25 | $0.16 | $0.10 | ||
| Q1 25 | $0.18 | $0.05 | ||
| Q4 24 | $0.08 | $0.13 | ||
| Q3 24 | $0.36 | $0.07 | ||
| Q2 24 | $0.00 | $0.11 | ||
| Q1 24 | $0.47 | $-0.02 |
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 | $31.9M |
| Total DebtLower is stronger | $126.7M | — |
| Stockholders' EquityBook value | $-29.7M | $229.8M |
| Total Assets | $296.3M | $439.4M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $24.3M | $31.9M | ||
| Q3 25 | $32.4M | $28.1M | ||
| Q2 25 | $34.2M | $22.9M | ||
| Q1 25 | $21.6M | $19.0M | ||
| Q4 24 | $29.0M | $19.9M | ||
| Q3 24 | $23.4M | $10.4M | ||
| Q2 24 | $23.4M | $24.9M | ||
| Q1 24 | $34.5M | $31.2M |
| 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 | $229.8M | ||
| Q3 25 | $-26.9M | $225.7M | ||
| Q2 25 | $-15.6M | $226.0M | ||
| Q1 25 | $1.3M | $218.2M | ||
| Q4 24 | $20.2M | $214.4M | ||
| Q3 24 | $28.0M | $212.4M | ||
| Q2 24 | $66.4M | $209.4M | ||
| Q1 24 | $65.5M | $206.0M |
| Q4 25 | $296.3M | $439.4M | ||
| Q3 25 | $302.1M | $445.3M | ||
| Q2 25 | $303.8M | $426.8M | ||
| Q1 25 | $293.8M | $414.5M | ||
| Q4 24 | $307.8M | $386.8M | ||
| Q3 24 | $309.3M | $375.3M | ||
| Q2 24 | $362.1M | $371.2M | ||
| Q1 24 | $382.1M | $364.0M |
| 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 | $12.4M |
| Free Cash FlowOCF − Capex | $-7.8M | $11.6M |
| FCF MarginFCF / Revenue | -5.5% | 5.0% |
| Capex IntensityCapex / Revenue | 1.4% | 0.3% |
| Cash ConversionOCF / Net Profit | — | 2.33× |
| TTM Free Cash FlowTrailing 4 quarters | $-41.9M | $8.5M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-5.8M | $12.4M | ||
| Q3 25 | $-968.0K | $2.5M | ||
| Q2 25 | $-4.0M | $3.1M | ||
| Q1 25 | $-23.1M | $-5.7M | ||
| Q4 24 | $6.8M | $15.7M | ||
| Q3 24 | $1.1M | $205.0K | ||
| Q2 24 | $-8.9M | $1.3M | ||
| Q1 24 | $-16.8M | $3.9M |
| Q4 25 | $-7.8M | $11.6M | ||
| Q3 25 | $-1.8M | $977.0K | ||
| Q2 25 | $-7.0M | $2.2M | ||
| Q1 25 | $-25.3M | $-6.4M | ||
| Q4 24 | $5.7M | $14.1M | ||
| Q3 24 | $101.0K | $-1.9M | ||
| Q2 24 | $-11.0M | $-185.0K | ||
| Q1 24 | $-19.9M | $1.8M |
| Q4 25 | -5.5% | 5.0% | ||
| Q3 25 | -1.5% | 0.4% | ||
| Q2 25 | -6.6% | 1.0% | ||
| Q1 25 | -24.3% | -3.0% | ||
| Q4 24 | 4.4% | 5.3% | ||
| Q3 24 | 0.1% | -0.9% | ||
| Q2 24 | -9.2% | -0.1% | ||
| Q1 24 | -16.5% | 1.0% |
| Q4 25 | 1.4% | 0.3% | ||
| Q3 25 | 0.7% | 0.7% | ||
| Q2 25 | 2.8% | 0.4% | ||
| Q1 25 | 2.2% | 0.3% | ||
| Q4 24 | 0.8% | 0.6% | ||
| Q3 24 | 0.9% | 1.0% | ||
| Q2 24 | 1.7% | 0.7% | ||
| Q1 24 | 2.5% | 1.2% |
| Q4 25 | — | 2.33× | ||
| Q3 25 | — | 1.90× | ||
| Q2 25 | — | 0.63× | ||
| Q1 25 | — | -2.26× | ||
| Q4 24 | — | 2.43× | ||
| Q3 24 | — | 0.06× | ||
| Q2 24 | -330.22× | 0.26× | ||
| 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% |
RLGT
| Transferred Over Time | $201.2M | 87% |
| Other | $25.0M | 11% |
| Value Added Services | $4.2M | 2% |
| Transferred At Point In Time | $1.8M | 1% |
