vs
Side-by-side financial comparison of Purple Innovation, Inc. (PRPL) and T1 Energy Inc. (TE). Click either name above to swap in a different company.
T1 Energy Inc. is the larger business by last-quarter revenue ($210.5M vs $140.7M, roughly 1.5× Purple Innovation, Inc.). Purple Innovation, Inc. runs the higher net margin — -2.3% vs -62.0%, a 59.7% gap on every dollar of revenue. T1 Energy Inc. produced more free cash flow last quarter ($55.0M vs $-7.8M).
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.”
Sony Energy Devices Corporation , is a Japanese multinational company specializing in a variety of areas in the energy industry, and is a wholly owned subsidiary and part of the Devices Group of Sony. The company was established in February 1975 in Fukushima, Japan.
PRPL vs TE — Head-to-Head
Income Statement — Q4 FY2025 vs Q3 FY2025
| Metric | | |
|---|---|---|
| Revenue | $140.7M | $210.5M |
| Net Profit | $-3.2M | $-130.6M |
| Gross Margin | 41.9% | 10.0% |
| Operating Margin | -1.6% | -45.0% |
| Net Margin | -2.3% | -62.0% |
| Revenue YoY | 9.1% | — |
| Net Profit YoY | 62.1% | -375.2% |
| EPS (diluted) | $0.03 | $-0.87 |
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 | — | ||
| Q3 25 | $118.8M | $210.5M | ||
| Q2 25 | $105.1M | $132.8M | ||
| Q1 25 | $104.2M | $53.5M | ||
| Q4 24 | $129.0M | — | ||
| Q3 24 | $118.6M | $0 | ||
| Q2 24 | $120.3M | $0 | ||
| Q1 24 | $120.0M | $0 |
| Q4 25 | $-3.2M | — | ||
| Q3 25 | $-11.7M | $-130.6M | ||
| Q2 25 | $-17.3M | $-31.9M | ||
| Q1 25 | $-19.1M | $-16.2M | ||
| Q4 24 | $-8.5M | — | ||
| Q3 24 | $-39.2M | $-27.5M | ||
| Q2 24 | $27.0K | $-27.0M | ||
| Q1 24 | $-50.2M | $-28.5M |
| Q4 25 | 41.9% | — | ||
| Q3 25 | 42.8% | 10.0% | ||
| Q2 25 | 35.9% | 24.7% | ||
| Q1 25 | 39.4% | 33.3% | ||
| Q4 24 | 42.9% | — | ||
| Q3 24 | 29.7% | — | ||
| Q2 24 | 40.7% | — | ||
| Q1 24 | 34.8% | — |
| Q4 25 | -1.6% | — | ||
| Q3 25 | -10.2% | -45.0% | ||
| Q2 25 | -13.5% | -22.0% | ||
| Q1 25 | -13.9% | -44.2% | ||
| Q4 24 | -6.0% | — | ||
| Q3 24 | -39.5% | — | ||
| Q2 24 | -12.1% | — | ||
| Q1 24 | -19.3% | — |
| Q4 25 | -2.3% | — | ||
| Q3 25 | -9.9% | -62.0% | ||
| Q2 25 | -16.5% | -24.0% | ||
| Q1 25 | -18.4% | -30.4% | ||
| Q4 24 | -6.6% | — | ||
| Q3 24 | -33.1% | — | ||
| Q2 24 | 0.0% | — | ||
| Q1 24 | -41.8% | — |
| Q4 25 | $0.03 | — | ||
| Q3 25 | $0.11 | $-0.87 | ||
| Q2 25 | $0.16 | $-0.21 | ||
| Q1 25 | $0.18 | $-0.11 | ||
| Q4 24 | $0.08 | — | ||
| Q3 24 | $0.36 | $-0.20 | ||
| Q2 24 | $0.00 | $-0.19 | ||
| Q1 24 | $0.47 | $-0.20 |
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 | $34.1M |
| Total DebtLower is stronger | $126.7M | $547.3M |
| Stockholders' EquityBook value | $-29.7M | $96.9M |
| Total Assets | $296.3M | $1.4B |
| Debt / EquityLower = less leverage | — | 5.65× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $24.3M | — | ||
| Q3 25 | $32.4M | $34.1M | ||
| Q2 25 | $34.2M | $8.5M | ||
| Q1 25 | $21.6M | $48.9M | ||
| Q4 24 | $29.0M | — | ||
| Q3 24 | $23.4M | $181.9M | ||
| Q2 24 | $23.4M | $219.6M | ||
| Q1 24 | $34.5M | $249.9M |
| Q4 25 | $126.7M | — | ||
| Q3 25 | — | $547.3M | ||
| Q2 25 | — | $591.2M | ||
| Q1 25 | — | $603.2M | ||
| Q4 24 | $70.7M | — | ||
| Q3 24 | $50.8M | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | $602.3M |
| Q4 25 | $-29.7M | — | ||
| Q3 25 | $-26.9M | $96.9M | ||
| Q2 25 | $-15.6M | $183.9M | ||
| Q1 25 | $1.3M | $201.9M | ||
| Q4 24 | $20.2M | — | ||
| Q3 24 | $28.0M | $538.7M | ||
| Q2 24 | $66.4M | $561.6M | ||
| Q1 24 | $65.5M | $582.3M |
| Q4 25 | $296.3M | — | ||
| Q3 25 | $302.1M | $1.4B | ||
| Q2 25 | $303.8M | $1.4B | ||
| Q1 25 | $293.8M | $1.4B | ||
| Q4 24 | $307.8M | — | ||
| Q3 24 | $309.3M | $615.0M | ||
| Q2 24 | $362.1M | $644.4M | ||
| Q1 24 | $382.1M | $670.3M |
| Q4 25 | — | — | ||
| Q3 25 | — | 5.65× | ||
| Q2 25 | — | 3.21× | ||
| Q1 25 | — | 2.99× | ||
| Q4 24 | 3.50× | — | ||
| Q3 24 | 1.82× | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | 1.03× |
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 | $63.9M |
| Free Cash FlowOCF − Capex | $-7.8M | $55.0M |
| FCF MarginFCF / Revenue | -5.5% | 26.1% |
| Capex IntensityCapex / Revenue | 1.4% | 4.2% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $-41.9M | $-42.3M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-5.8M | — | ||
| Q3 25 | $-968.0K | $63.9M | ||
| Q2 25 | $-4.0M | $33.4M | ||
| Q1 25 | $-23.1M | $-44.8M | ||
| Q4 24 | $6.8M | — | ||
| Q3 24 | $1.1M | $-28.4M | ||
| Q2 24 | $-8.9M | $-28.0M | ||
| Q1 24 | $-16.8M | $-16.2M |
| Q4 25 | $-7.8M | — | ||
| Q3 25 | $-1.8M | $55.0M | ||
| Q2 25 | $-7.0M | $10.6M | ||
| Q1 25 | $-25.3M | $-74.0M | ||
| Q4 24 | $5.7M | — | ||
| Q3 24 | $101.0K | $-34.0M | ||
| Q2 24 | $-11.0M | $-35.6M | ||
| Q1 24 | $-19.9M | $-37.7M |
| Q4 25 | -5.5% | — | ||
| Q3 25 | -1.5% | 26.1% | ||
| Q2 25 | -6.6% | 8.0% | ||
| Q1 25 | -24.3% | -138.4% | ||
| Q4 24 | 4.4% | — | ||
| Q3 24 | 0.1% | — | ||
| Q2 24 | -9.2% | — | ||
| Q1 24 | -16.5% | — |
| Q4 25 | 1.4% | — | ||
| Q3 25 | 0.7% | 4.2% | ||
| Q2 25 | 2.8% | 17.2% | ||
| Q1 25 | 2.2% | 54.5% | ||
| Q4 24 | 0.8% | — | ||
| Q3 24 | 0.9% | — | ||
| Q2 24 | 1.7% | — | ||
| Q1 24 | 2.5% | — |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| 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
| Cost Of Revenues | $81.7M | 58% |
| Other | $59.0M | 42% |
TE
| Related Party | $120.1M | 57% |
| Nonrelated Party | $90.4M | 43% |
