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MARKETS / NASDAQ / PRPL
NASDAQ · HOUSEHOLD FURNITURE · SMALL CAP

Purple Innovation, Inc. PRPL

10 fiscal years on record · USD · FY2025 reported · SEC filings only
$468.7M
▼ 3.9% YoY
$-51.4M
$-41.9M
In brief

What this company does

The company offers a variety of comfort products, including mattresses, pillows, cushions, bases, and sheets. As of December 31, 2025, it operated 55 Purple showrooms across the United States. As of March 30, 2026, it had approximately 1,100 employees engaged in manufacturing, research and development, general corporate functions, wholesale, e-commerce, and Purple showrooms. Its manufacturing facility in McDonough, Georgia provides 844,000 square feet of manufacturing and distribution space, and it also operates a 198,000 square foot distribution facility in Salt Lake City, Utah. It markets and sells its products through a direct-to-consumer channel, which includes its e-commerce site, showrooms, customer contact center, and online marketplaces, and through a wholesale channel of retail brick-and-mortar and online partners. For the year ended December 31, 2025, direct-to-consumer sales accounted for 55.8% of its net revenues and wholesale sales accounted for 44.2%. In 2022, it acquired Advanced Comfort Technologies, Inc., doing business as Intellibed, a sleep and health wellness company that was a pre-existing licensee of the founders of some of its technologies.

Written from the business description in Purple Innovation, Inc.'s annual report to the U.S. Securities and Exchange Commission, filed 31 March 2026. Every sentence was checked against that document before publication.

Growth
USD 468.7M
Revenue, FY2025 · full 10-year series below
Revenue $M Net income $M
FY2025 · Revenue 468.7 · Net income -51.4
250.0M500.0M-80.0M-160.0M2016201720182019202020212022202320242025
Compound annual growth
−6.5%
−6.3%
+1.0%
−68.9%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at −6.3% a year over five years.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability
−11 cents
lost on every revenue dollar
Operating margin Net margin
FY2025 · Operating -9.2% · Net -11.0%
5%10%-10%-20%-30%2016201720182019202020212022202320242025
ROE
FY2024 · ROE -144.4%
-500%-1000%2016201720182019202020212022202320242025

Cash & shareholders
returned in FY2025 · dividends + net buybacks
Free cash flow $M
FY2025 · FCF -41.9
20M40M-40M-80M2016201720182019202020212022202320242025
Net buybacks $M Dividends $M
FY2022 · Dividends 0.1 · Net buybacks —
20M201720192022

Total assetsUSD 296.3M
EquityUSD -29.7M
CashUSD 24.3M
Gross debtUSD 126.7M
Net debtUSD 102.3M
Current ratio1.35×

Equity was negative — liabilities exceeded assets. No ratio is shown.

The 10-year record
10 fiscal years
Every figure from documents filed with the SEC · USD

EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.

row low → row highnegative
Metric 2025202420232022202120202019201820172016
Revenue $B0.50.50.50.60.70.60.40.30.2·
Operating income $B−0.0−0.1−0.1−0.0−0.00.10.0−0.0−0.0−0.0
EBITDA $B−0.0−0.1−0.1−0.0−0.00.10.0−0.0−0.0·
Income tax $B0.00.00.00.0−0.0−0.00.0·0.0·
Net income $B−0.1−0.1−0.1−0.10.0−0.2−0.0−0.0−0.0−0.0
Free cash flow $B−0.0−0.0−0.1−0.1−0.10.10.0−0.0−0.0·
EPS, diluted $−0.48−0.91−1.17−1.13−0.31−6.04−2.26−0.51−1.05−0.49
Dividend / sh $··········
Payout %···−0······
ROE %·−144.4−83.4−57.82.9−1154.5·−199.3−176.4−46.5
Shares out B········0.000.00

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Provenance
Company facts, as filed
How we verify · 0 failures in 49 reconciliationsAUDITED

Reconciled in 10 of 19 fiscal years. 46 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures
ActivityHousehold Furniture
Listed onNASDAQ
Incorporated inDelaware
Fiscal year endsDecember 31
SEC categorysmaller reporting company
Data on record since2016

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