vs
Side-by-side financial comparison of Purple Innovation, Inc. (PRPL) and XPLR Infrastructure, LP (XIFR). Click either name above to swap in a different company.
XPLR Infrastructure, LP is the larger business by last-quarter revenue ($249.0M vs $140.7M, roughly 1.8× Purple Innovation, Inc.). XPLR Infrastructure, LP runs the higher net margin — 11.2% vs -2.3%, a 13.5% gap on every dollar of revenue. On growth, Purple Innovation, Inc. posted the faster year-over-year revenue change (9.1% vs -15.3%). Purple Innovation, Inc. produced more free cash flow last quarter ($-7.8M vs $-88.0M). Over the past eight quarters, Purple Innovation, Inc.'s revenue compounded faster (8.3% CAGR vs -1.6%).
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.”
XPLR Infrastructure is a publicly traded subsidiary of NextEra Energy, is a Juno Beach, Florida-based renewable energy company.
PRPL vs XIFR — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $140.7M | $249.0M |
| Net Profit | $-3.2M | $28.0M |
| Gross Margin | 41.9% | — |
| Operating Margin | -1.6% | -19.3% |
| Net Margin | -2.3% | 11.2% |
| Revenue YoY | 9.1% | -15.3% |
| Net Profit YoY | 62.1% | 124.3% |
| EPS (diluted) | $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 | $249.0M | ||
| Q3 25 | $118.8M | $315.0M | ||
| Q2 25 | $105.1M | $342.0M | ||
| Q1 25 | $104.2M | $282.0M | ||
| Q4 24 | $129.0M | $294.0M | ||
| Q3 24 | $118.6M | $319.0M | ||
| Q2 24 | $120.3M | $360.0M | ||
| Q1 24 | $120.0M | $257.0M |
| Q4 25 | $-3.2M | $28.0M | ||
| Q3 25 | $-11.7M | $-37.0M | ||
| Q2 25 | $-17.3M | $79.0M | ||
| Q1 25 | $-19.1M | $-98.0M | ||
| Q4 24 | $-8.5M | $-115.0M | ||
| Q3 24 | $-39.2M | $-40.0M | ||
| Q2 24 | $27.0K | $62.0M | ||
| Q1 24 | $-50.2M | $70.0M |
| 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% | -19.3% | ||
| Q3 25 | -10.2% | 1.6% | ||
| Q2 25 | -13.5% | 26.3% | ||
| Q1 25 | -13.9% | -82.6% | ||
| Q4 24 | -6.0% | -188.1% | ||
| Q3 24 | -39.5% | 15.4% | ||
| Q2 24 | -12.1% | 18.3% | ||
| Q1 24 | -19.3% | -8.2% |
| Q4 25 | -2.3% | 11.2% | ||
| Q3 25 | -9.9% | -11.7% | ||
| Q2 25 | -16.5% | 23.1% | ||
| Q1 25 | -18.4% | -34.8% | ||
| Q4 24 | -6.6% | -39.1% | ||
| Q3 24 | -33.1% | -12.5% | ||
| Q2 24 | 0.0% | 17.2% | ||
| Q1 24 | -41.8% | 27.2% |
| Q4 25 | $0.03 | — | ||
| Q3 25 | $0.11 | $-0.40 | ||
| Q2 25 | $0.16 | $0.84 | ||
| Q1 25 | $0.18 | $-1.05 | ||
| Q4 24 | $0.08 | — | ||
| Q3 24 | $0.36 | $-0.43 | ||
| Q2 24 | $0.00 | $0.66 | ||
| Q1 24 | $0.47 | $0.75 |
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 | $960.0M |
| Total DebtLower is stronger | $126.7M | $6.2B |
| Stockholders' EquityBook value | $-29.7M | $10.9B |
| Total Assets | $296.3M | $19.6B |
| Debt / EquityLower = less leverage | — | 0.57× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $24.3M | $960.0M | ||
| Q3 25 | $32.4M | $711.0M | ||
| Q2 25 | $34.2M | $880.0M | ||
| Q1 25 | $21.6M | $1.5B | ||
| Q4 24 | $29.0M | $283.0M | ||
| Q3 24 | $23.4M | $290.0M | ||
| Q2 24 | $23.4M | $281.0M | ||
| Q1 24 | $34.5M | $245.0M |
| Q4 25 | $126.7M | $6.2B | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $70.7M | $5.3B | ||
| Q3 24 | $50.8M | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $-29.7M | $10.9B | ||
| Q3 25 | $-26.9M | $11.0B | ||
| Q2 25 | $-15.6M | $11.3B | ||
| Q1 25 | $1.3M | $12.6B | ||
| Q4 24 | $20.2M | $12.9B | ||
| Q3 24 | $28.0M | $13.6B | ||
| Q2 24 | $66.4M | $13.9B | ||
| Q1 24 | $65.5M | $14.0B |
| Q4 25 | $296.3M | $19.6B | ||
| Q3 25 | $302.1M | $19.1B | ||
| Q2 25 | $303.8M | $20.5B | ||
| Q1 25 | $293.8M | $21.4B | ||
| Q4 24 | $307.8M | $20.3B | ||
| Q3 24 | $309.3M | $20.9B | ||
| Q2 24 | $362.1M | $21.7B | ||
| Q1 24 | $382.1M | $22.3B |
| Q4 25 | — | 0.57× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 3.50× | 0.41× | ||
| 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 | $186.0M |
| Free Cash FlowOCF − Capex | $-7.8M | $-88.0M |
| FCF MarginFCF / Revenue | -5.5% | -35.3% |
| Capex IntensityCapex / Revenue | 1.4% | 110.0% |
| Cash ConversionOCF / Net Profit | — | 6.64× |
| TTM Free Cash FlowTrailing 4 quarters | $-41.9M | $-219.0M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-5.8M | $186.0M | ||
| Q3 25 | $-968.0K | $231.0M | ||
| Q2 25 | $-4.0M | $232.0M | ||
| Q1 25 | $-23.1M | $90.0M | ||
| Q4 24 | $6.8M | $283.0M | ||
| Q3 24 | $1.1M | $208.0M | ||
| Q2 24 | $-8.9M | $231.0M | ||
| Q1 24 | $-16.8M | $78.0M |
| Q4 25 | $-7.8M | $-88.0M | ||
| Q3 25 | $-1.8M | $-283.0M | ||
| Q2 25 | $-7.0M | $151.0M | ||
| Q1 25 | $-25.3M | $1.0M | ||
| Q4 24 | $5.7M | $231.0M | ||
| Q3 24 | $101.0K | $152.0M | ||
| Q2 24 | $-11.0M | $162.0M | ||
| Q1 24 | $-19.9M | $14.0M |
| Q4 25 | -5.5% | -35.3% | ||
| Q3 25 | -1.5% | -89.8% | ||
| Q2 25 | -6.6% | 44.2% | ||
| Q1 25 | -24.3% | 0.4% | ||
| Q4 24 | 4.4% | 78.6% | ||
| Q3 24 | 0.1% | 47.6% | ||
| Q2 24 | -9.2% | 45.0% | ||
| Q1 24 | -16.5% | 5.4% |
| Q4 25 | 1.4% | 110.0% | ||
| Q3 25 | 0.7% | 163.2% | ||
| Q2 25 | 2.8% | 23.7% | ||
| Q1 25 | 2.2% | 31.6% | ||
| Q4 24 | 0.8% | 17.7% | ||
| Q3 24 | 0.9% | 17.6% | ||
| Q2 24 | 1.7% | 19.2% | ||
| Q1 24 | 2.5% | 24.9% |
| Q4 25 | — | 6.64× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | 2.94× | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | -330.22× | 3.73× | ||
| Q1 24 | — | 1.11× |
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% |
XIFR
| Renewable Energy Sales | $238.0M | 96% |
| Related Party | $8.0M | 3% |
