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Side-by-side financial comparison of Purple Innovation, Inc. (PRPL) and TREX CO INC (TREX). Click either name above to swap in a different company.
TREX CO INC is the larger business by last-quarter revenue ($161.1M vs $140.7M, roughly 1.1× Purple Innovation, Inc.). TREX CO INC runs the higher net margin — 1.4% vs -2.3%, a 3.7% gap on every dollar of revenue. On growth, Purple Innovation, Inc. posted the faster year-over-year revenue change (9.1% vs -3.9%). TREX CO INC produced more free cash flow last quarter ($22.1M vs $-7.8M). Over the past eight quarters, Purple Innovation, Inc.'s revenue compounded faster (8.3% CAGR vs -34.3%).
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.”
Trex Company, Inc. is a manufacturer of wood-alternative composite decking, residential railing, and other outdoor items made from recycled materials. Its headquarters is in Winchester, Virginia.
PRPL vs TREX — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | ||
|---|---|---|
| Revenue | $140.7M | $161.1M |
| Net Profit | $-3.2M | $2.3M |
| Gross Margin | 41.9% | 30.2% |
| Operating Margin | -1.6% | 2.2% |
| Net Margin | -2.3% | 1.4% |
| Revenue YoY | 9.1% | -3.9% |
| Net Profit YoY | 62.1% | -76.4% |
| EPS (diluted) | $0.03 | $0.03 |
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 | $161.1M | ||
| Q3 25 | $118.8M | $285.3M | ||
| Q2 25 | $105.1M | $387.8M | ||
| Q1 25 | $104.2M | $340.0M | ||
| Q4 24 | $129.0M | $167.6M | ||
| Q3 24 | $118.6M | $233.7M | ||
| Q2 24 | $120.3M | $376.5M | ||
| Q1 24 | $120.0M | $373.6M |
| Q4 25 | $-3.2M | $2.3M | ||
| Q3 25 | $-11.7M | $51.8M | ||
| Q2 25 | $-17.3M | $75.9M | ||
| Q1 25 | $-19.1M | $60.4M | ||
| Q4 24 | $-8.5M | $9.8M | ||
| Q3 24 | $-39.2M | $40.6M | ||
| Q2 24 | $27.0K | $87.0M | ||
| Q1 24 | $-50.2M | $89.1M |
| Q4 25 | 41.9% | 30.2% | ||
| Q3 25 | 42.8% | 40.5% | ||
| Q2 25 | 35.9% | 40.8% | ||
| Q1 25 | 39.4% | 40.5% | ||
| Q4 24 | 42.9% | 32.7% | ||
| Q3 24 | 29.7% | 39.9% | ||
| Q2 24 | 40.7% | 44.7% | ||
| Q1 24 | 34.8% | 45.4% |
| Q4 25 | -1.6% | 2.2% | ||
| Q3 25 | -10.2% | 24.7% | ||
| Q2 25 | -13.5% | 26.4% | ||
| Q1 25 | -13.9% | 24.0% | ||
| Q4 24 | -6.0% | 9.2% | ||
| Q3 24 | -39.5% | 23.2% | ||
| Q2 24 | -12.1% | 31.1% | ||
| Q1 24 | -19.3% | 31.9% |
| Q4 25 | -2.3% | 1.4% | ||
| Q3 25 | -9.9% | 18.1% | ||
| Q2 25 | -16.5% | 19.6% | ||
| Q1 25 | -18.4% | 17.8% | ||
| Q4 24 | -6.6% | 5.8% | ||
| Q3 24 | -33.1% | 17.4% | ||
| Q2 24 | 0.0% | 23.1% | ||
| Q1 24 | -41.8% | 23.8% |
| Q4 25 | $0.03 | $0.03 | ||
| Q3 25 | $0.11 | $0.48 | ||
| Q2 25 | $0.16 | $0.71 | ||
| Q1 25 | $0.18 | $0.56 | ||
| Q4 24 | $0.08 | $0.10 | ||
| Q3 24 | $0.36 | $0.37 | ||
| Q2 24 | $0.00 | $0.80 | ||
| Q1 24 | $0.47 | $0.82 |
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 | $3.8M |
| Total DebtLower is stronger | $126.7M | — |
| Stockholders' EquityBook value | $-29.7M | $1.0B |
| Total Assets | $296.3M | $1.5B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $24.3M | $3.8M | ||
| Q3 25 | $32.4M | $11.4M | ||
| Q2 25 | $34.2M | $5.5M | ||
| Q1 25 | $21.6M | $5.0M | ||
| Q4 24 | $29.0M | $1.3M | ||
| Q3 24 | $23.4M | $12.8M | ||
| Q2 24 | $23.4M | $1.2M | ||
| Q1 24 | $34.5M | $3.1M |
| 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 | $1.0B | ||
| Q3 25 | $-26.9M | $1.0B | ||
| Q2 25 | $-15.6M | $989.3M | ||
| Q1 25 | $1.3M | $910.1M | ||
| Q4 24 | $20.2M | $850.1M | ||
| Q3 24 | $28.0M | $887.9M | ||
| Q2 24 | $66.4M | $894.9M | ||
| Q1 24 | $65.5M | $804.1M |
| Q4 25 | $296.3M | $1.5B | ||
| Q3 25 | $302.1M | $1.5B | ||
| Q2 25 | $303.8M | $1.5B | ||
| Q1 25 | $293.8M | $1.6B | ||
| Q4 24 | $307.8M | $1.3B | ||
| Q3 24 | $309.3M | $1.3B | ||
| Q2 24 | $362.1M | $1.3B | ||
| Q1 24 | $382.1M | $1.3B |
| 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 | $65.5M |
| Free Cash FlowOCF − Capex | $-7.8M | $22.1M |
| FCF MarginFCF / Revenue | -5.5% | 13.7% |
| Capex IntensityCapex / Revenue | 1.4% | 26.9% |
| Cash ConversionOCF / Net Profit | — | 28.45× |
| TTM Free Cash FlowTrailing 4 quarters | $-41.9M | $134.5M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-5.8M | $65.5M | ||
| Q3 25 | $-968.0K | $196.9M | ||
| Q2 25 | $-4.0M | $249.8M | ||
| Q1 25 | $-23.1M | $-154.0M | ||
| Q4 24 | $6.8M | $-8.5M | ||
| Q3 24 | $1.1M | $132.8M | ||
| Q2 24 | $-8.9M | $193.7M | ||
| Q1 24 | $-16.8M | $-174.0M |
| Q4 25 | $-7.8M | $22.1M | ||
| Q3 25 | $-1.8M | $142.9M | ||
| Q2 25 | $-7.0M | $203.0M | ||
| Q1 25 | $-25.3M | $-233.5M | ||
| Q4 24 | $5.7M | $-89.3M | ||
| Q3 24 | $101.0K | $54.5M | ||
| Q2 24 | $-11.0M | $158.2M | ||
| Q1 24 | $-19.9M | $-211.8M |
| Q4 25 | -5.5% | 13.7% | ||
| Q3 25 | -1.5% | 50.1% | ||
| Q2 25 | -6.6% | 52.3% | ||
| Q1 25 | -24.3% | -68.7% | ||
| Q4 24 | 4.4% | -53.3% | ||
| Q3 24 | 0.1% | 23.3% | ||
| Q2 24 | -9.2% | 42.0% | ||
| Q1 24 | -16.5% | -56.7% |
| Q4 25 | 1.4% | 26.9% | ||
| Q3 25 | 0.7% | 18.9% | ||
| Q2 25 | 2.8% | 12.1% | ||
| Q1 25 | 2.2% | 23.4% | ||
| Q4 24 | 0.8% | 48.2% | ||
| Q3 24 | 0.9% | 33.5% | ||
| Q2 24 | 1.7% | 9.4% | ||
| Q1 24 | 2.5% | 10.1% |
| Q4 25 | — | 28.45× | ||
| Q3 25 | — | 3.80× | ||
| Q2 25 | — | 3.29× | ||
| Q1 25 | — | -2.55× | ||
| Q4 24 | — | -0.87× | ||
| Q3 24 | — | 3.27× | ||
| Q2 24 | -330.22× | 2.23× | ||
| Q1 24 | — | -1.95× |
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% |
TREX
Segment breakdown not available.