Purple Innovation, Inc.
PRPL- Exchange
- Nasdaq
- Industry
- Household Furniture
- SEC CIK
- 0001643953
No open-market purchases or sales by Purple Innovation, Inc. insiders were filed in the last 90 days; 62 institutions reported holding it in 13F filings for Q2 2026, worth $22.1M in total; no superinvestor holds it.
- Currency
- USD
- Source
- SEC XBRL data (10-K, 10-Q, 20-F, 40-F)
- Updated
- Nov 5, 2026, 12:19 AM ET
Revenue flow, FY2025
Where the revenue went in FY2025, from the income statement below. Green is profit; orange is costs, expenses and taxes. Percentages are shares of revenue; hover over a band or a bar for the exact amount.
Net loss for FY2025: $51.4M (11.0% of revenue).
Income statement
Each column is one fiscal year, newest first.
| Line item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Period end | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 |
| Filing | 10-K | 10-K | 10-K | 10-K | 10-K |
| Reported | Mar 31, 2026 | Mar 13, 2025 | Jan 23, 2024 | Jan 30, 2023 | Mar 1, 2022 |
| Revenue | $468.7M | $487.9M | $510.5M | $575.7M | $726.2M |
| Cost of revenue | $280.2M | $306.7M | $338.7M | $365.1M | $431.3M |
| Gross profit | $188.6M | $181.1M | $171.8M | $210.6M | $295.0M |
| Operating expenses | $231.6M | $273.3M | $285.5M | $250.8M | $318.3M |
| Research and development | $9.60M | $13.0M | $11.9M | $8.76M | $6.94M |
| Selling, general and administrative | $63.6M | $69.1M | $84.4M | $76.7M | $72.1M |
| Operating income | -$43.0M | -$92.2M | -$113.7M | -$40.3M | -$23.4M |
| Interest expense | – | – | $1.97M | $3.54M | $1.87M |
| Income tax | $207.0K | $63.0K | $8.00K | $212.9M | -$1.22M |
| Net income | -$51.4M | -$97.9M | -$120.8M | -$89.7M | $4.03M |
| EPS, basic | $0.48 | $-0.91 | $-1.17 | $-1.10 | $0.06 |
| EPS, diluted | $0.48 | $-0.91 | $-1.17 | $-1.10 | $-0.30 |
| Weighted shares, basic | 108.1M | 107.1M | 103.6M | 81.8M | 65.9M |
| Weighted shares, diluted | 108.2M | 107.3M | 103.9M | 81.8M | 67.3M |
| Margins and growth | |||||
| Gross margin | 40.2% | 37.1% | 33.7% | 36.6% | 40.6% |
| Operating margin | -9.2% | -18.9% | -22.3% | -7.0% | -3.2% |
| Net margin | -11.0% | -20.1% | -23.7% | -15.6% | 0.6% |
| Revenue growth, year over year | −3.9% | −4.4% | −11.3% | −20.7% | +12.0% |
| Net income growth, year over year | – | – | – | −2,325.0% | – |
Balance sheet
Each column is one fiscal year, newest first.
| Line item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Period end | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 |
| Filing | 10-K | 10-K | 10-K | 10-K | 10-K |
| Reported | Mar 31, 2026 | Mar 13, 2025 | Jan 23, 2024 | Jan 30, 2023 | Mar 1, 2022 |
| Cash and equivalents | $24.3M | $29.0M | – | $41.8M | $91.6M |
| Accounts receivable | $41.3M | $33.1M | $37.8M | $34.6M | $25.4M |
| Inventory | $59.7M | $56.9M | $66.9M | $73.2M | $98.7M |
| Total current assets | $136.7M | $126.4M | $141.8M | $161.5M | $229.5M |
| Property, plant and equipment | $78.0M | $93.9M | $128.7M | $136.7M | $112.6M |
| Goodwill | – | $6.90M | – | $4.90M | – |
| Intangible assets | $6.35M | $8.89M | $22.2M | $26.2M | $13.2M |
| Total assets | $296.3M | $307.8M | $390.6M | $433.3M | $642.5M |
| Accounts payable | $40.3M | $40.6M | $49.8M | $46.4M | $79.8M |
| Short-term debt | – | $55.4M | $29.0M | $23.7M | – |
| Total current liabilities | $101.5M | $101.0M | $111.0M | $97.3M | $142.0M |
| Long-term debt | $126.7M | $70.7M | $26.9M | $24.7M | $96.4M |
| Total liabilities | $325.9M | $287.6M | $275.0M | $254.4M | $495.9M |
| Shareholders' equity | -$29.7M | $20.2M | $115.6M | $178.9M | $146.5M |
Cash flow statement
Each column is one fiscal year, newest first. Free cash flow is operating cash flow minus capital expenditures.
| Line item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Period end | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 |
| Filing | 10-K | 10-K | 10-K | 10-K | 10-K |
| Reported | Mar 31, 2026 | Mar 13, 2025 | Jan 23, 2024 | Jan 30, 2023 | Mar 1, 2022 |
| Operating cash flow | -$33.8M | -$17.9M | -$54.7M | -$28.8M | -$30.9M |
| Capital expenditures | $8.08M | $7.24M | $14.4M | $35.4M | $53.9M |
| Free cash flow | -$41.9M | -$25.1M | -$69.1M | -$64.1M | -$84.8M |
| Depreciation and amortization | $24.1M | $35.4M | $25.1M | $17.5M | $9.47M |
| Stock-based compensation | $1.73M | $2.81M | $4.88M | $3.37M | $3.37M |
| Dividends paid | – | – | – | $100.0K | – |
| Investing cash flow | -$8.28M | -$7.53M | -$16.1M | -$34.5M | -$57.1M |
| Financing cash flow | $37.4M | $27.5M | $55.8M | $13.4M | $56.6M |
| Net change in cash | – | – | – | -$49.9M | -$31.3M |
| Ratio | |||||
| Stock-based compensation, % of revenue | 0.4% | 0.6% | 1.0% | 0.6% | 0.5% |
Shares outstanding
Common shares outstanding as stated on the cover of each 10-K and 10-Q. The date is the cover date, not the period end; a rising count means dilution.
Notes and known gaps
How these numbers are put together, and what they can't tell you.
- Numbers come from the XBRL data in each period's original 10-K, 10-Q, 20-F or 40-F, or its amendment. They are shown as filed: later filings don't restate earlier periods here.
- Reported is the filing date of the first 8-K with Item 2.02 (results of operations) after the period ended, no later than the 10-Q or 10-K and within 120 days. Companies that release results only in the 10-Q, and foreign companies, which use Form 6-K, have none.
Known gaps
- Foreign companies that file Form 20-F or 40-F have annual statements only: their quarterly results are furnished on Form 6-K, which has no XBRL data.
- EPS and share counts are as reported at the time, not adjusted for later stock splits.
- For ADRs, EPS is per ordinary share, not per ADS (one TSMC ADS is five ordinary shares).
- For banks, revenue may be interest income only, depending on how the bank tags its filings; cost of revenue and gross profit are usually blank.
- Companies with several share classes, such as Berkshire Hathaway, may have no EPS and no cover share count.
- Depreciation and amortization is missing for some companies that report it under their own XBRL tags.