PRPL · Purple Innovation, Inc. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $95.73M | - | $118.77M | $105.10M | $104.17M | - | $118.60M | $120.27M | $120.03M | - |
| Cost of Revenue | $60.53M | - | $67.92M | $67.42M | $63.13M | - | $83.41M | $71.33M | $78.31M | - |
| Gross Profit | $35.20M | - | $50.85M | $37.68M | $41.05M | - | $35.19M | $48.94M | $41.72M | - |
| R&D | $2.45M | - | $2.37M | $2.18M | $2.45M | - | $2.92M | $3.99M | $3.67M | - |
| SG&A | $18.03M | - | $15.20M | $14.99M | $14.49M | - | $17.27M | $18.12M | $19.73M | - |
| Total Operating Expenses | $52.04M | - | $62.98M | $51.92M | $55.52M | - | $82.01M | $63.48M | $64.86M | - |
| D&A | $4.43M | - | $8.80M | $4.10M | $5.05M | - | $13.50M | $5.10M | $6.38M | - |
| Operating Income | ($16.84M) | - | ($12.13M) | ($14.24M) | ($14.48M) | - | ($46.81M) | ($14.54M) | ($23.14M) | - |
| Interest Expense | $8.22M | - | $8.20M | $7.46M | $4.47M | - | $4.39M | $4.16M | $4.47M | - |
| Income Tax | $47.0K | - | $53.0K | $54.0K | $41.0K | - | $63.0K | $54.0K | $59.0K | - |
| Net Income | ($30.54M) | - | ($11.72M) | ($17.34M) | ($19.14M) | - | ($39.23M) | $27.0K | ($50.22M) | - |
| EPS - Basic | ($0.28) | - | $0.11 | $0.16 | $0.18 | - | ($0.36) | $0.00 | ($0.47) | - |
| EPS - Diluted | ($0.28) | - | $0.11 | $0.16 | $0.18 | - | ($0.36) | $0.00 | ($0.47) | - |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $24.95M | $24.34M | $32.36M | $34.25M | $21.63M | $29.01M | $23.40M | $23.41M | $34.48M | $26.86M |
| Accounts Receivable | $21.14M | $41.27M | $25.21M | $21.08M | $24.39M | $33.06M | $29.66M | $32.08M | $27.74M | $37.80M |
| Inventory | $58.09M | $59.73M | $65.77M | $60.90M | $60.18M | $56.86M | $59.88M | $69.66M | $72.03M | $66.88M |
| Accounts Payable | $41.99M | $40.31M | $35.66M | $25.96M | $32.36M | $40.64M | $30.39M | $37.45M | $39.95M | $49.83M |
| Current Assets | $115.58M | $136.72M | $136.41M | $125.93M | $113.40M | $126.37M | $123.19M | $131.40M | $143.80M | $141.81M |
| Total Assets | $271.99M | $296.26M | $302.12M | $303.79M | $293.77M | $307.85M | $309.27M | $362.15M | $382.13M | $390.63M |
| Current Liabilities | $93.21M | $101.52M | $97.10M | $84.44M | $83.61M | $101.00M | $94.46M | $92.00M | $95.91M | $110.98M |
| Long-term Debt | - | $126.68M | - | - | - | $70.68M | $50.81M | $25.00M | $41.94M | $26.91M |
| Total Liabilities | $332.13M | $325.93M | $329.03M | $319.37M | $292.44M | $287.64M | $281.26M | $295.62M | $316.41M | $275.02M |
| Stockholders' Equity | ($60.12M) | ($29.69M) | ($26.94M) | ($15.64M) | $1.34M | $20.20M | $27.97M | $66.39M | $65.55M | $115.42M |
| Retained Earnings | ($655.82M) | ($625.28M) | ($622.07M) | ($610.35M) | ($593.00M) | ($573.87M) | ($565.39M) | ($526.16M) | ($526.19M) | ($475.97M) |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $2.99M | - | - | - | ($23.07M) | - | - | - | ($16.81M) | - |
| Investing Cash Flow | ($2.03M) | - | - | - | ($2.14M) | - | - | - | ($3.10M) | - |
| Financing Cash Flow | ($346.0K) | - | - | - | $17.83M | - | - | - | $27.53M | - |
| CapEx | $1.61M | - | - | - | $2.24M | - | - | - | $3.04M | - |
| Free Cash Flow | $1.38M | - | - | - | ($25.31M) | - | - | - | ($19.85M) | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | 36.8% | - | 42.8% | 35.9% | 39.4% | - | 29.7% | 40.7% | 34.8% | - |
| Operating margin | -17.6% | - | -10.2% | -13.5% | -13.9% | - | -39.5% | -12.1% | -19.3% | - |
| EBITDA margin | -13.0% | - | -2.8% | -9.6% | -9.1% | - | -28.1% | -7.8% | -14.0% | - |
| Net margin | -31.9% | - | -9.9% | -16.5% | -18.4% | - | -33.1% | 0.0% | -41.8% | - |
| Free cash flow margin | 1.4% | - | - | - | -24.3% | - | - | - | -16.5% | - |
| FCF / Net income | -0.05 | - | - | - | 1.32 | - | - | - | 0.40 | - |
| R&D / Revenue | 2.6% | - | 2.0% | 2.1% | 2.4% | - | 2.5% | 3.3% | 3.1% | - |
| SG&A / Revenue | 18.8% | - | 12.8% | 14.3% | 13.9% | - | 14.6% | 15.1% | 16.4% | - |
| Effective tax rate | - | - | - | - | - | - | - | 66.7% | - | - |
| Return on assets | -11.2% | - | -3.9% | -5.7% | -6.5% | - | -12.7% | 0.0% | -13.1% | - |
| Return on equity | 50.8% | - | 43.5% | 110.9% | -1428.1% | - | -140.3% | 0.0% | -76.6% | - |
| Return on invested capital | - | - | - | - | - | - | -46.9% | -8.0% | -17.0% | - |
| Liquidity | ||||||||||
| Current ratio | 1.24 | 1.35 | 1.40 | 1.49 | 1.36 | 1.25 | 1.30 | 1.43 | 1.50 | 1.28 |
| Quick ratio | 0.62 | 0.76 | 0.73 | 0.77 | 0.64 | 0.69 | 0.67 | 0.67 | 0.75 | 0.68 |
| Cash ratio | 0.27 | 0.24 | 0.33 | 0.41 | 0.26 | 0.29 | 0.25 | 0.25 | 0.36 | 0.24 |
| Leverage | ||||||||||
| Debt / Equity | - | -4.27 | - | - | - | 3.50 | 1.82 | 0.38 | 0.64 | 0.23 |
| Debt / Assets | - | 0.43 | - | - | - | 0.23 | 0.16 | 0.07 | 0.11 | 0.07 |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Interest coverage | -2.0x | - | -1.5x | -1.9x | -3.2x | - | -10.7x | -3.5x | -5.2x | - |
| Equity multiplier | -4.52 | -9.98 | -11.22 | -19.43 | 219.23 | 15.24 | 11.06 | 5.45 | 5.83 | 3.38 |
| Liabilities / Assets | 1.22 | 1.10 | 1.09 | 1.05 | 1.00 | 0.93 | 0.91 | 0.82 | 0.83 | 0.70 |
| Efficiency | ||||||||||
| Asset turnover | 0.35 | - | 0.39 | 0.35 | 0.35 | - | 0.38 | 0.33 | 0.31 | - |
| Inventory turnover | 1.04 | - | 1.03 | 1.11 | 1.05 | - | 1.39 | 1.02 | 1.09 | - |
| Days sales outstanding | 81d | - | 77d | 73d | 85d | - | 91d | 97d | 84d | - |
| Days inventory outstanding | 350d | - | 353d | 330d | 348d | - | 262d | 356d | 336d | - |
| Days payable outstanding | 253d | - | 192d | 141d | 187d | - | 133d | 192d | 186d | - |
| Cash conversion cycle | 178d | - | 239d | 262d | 246d | - | 220d | 262d | 234d | - |
| Valuation | ||||||||||
| P / E | - | - | 8.5x | 4.6x | 4.2x | - | - | - | - | - |
| P / B | - | - | - | - | 60.9x | - | 3.8x | 1.7x | 2.8x | - |
| P / S | 0.7x | - | 0.9x | 0.8x | 0.8x | - | 0.9x | 0.9x | 1.5x | - |
| EV / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | -8.1% | - | 0.1% | -12.6% | -13.2% | - | -15.3% | -0.5% | 9.7% | - |
| Revenue CAGR (3y) | -4.3% | - | -6.1% | -10.0% | -10.1% | - | -11.4% | -13.0% | -13.6% | - |
| Revenue CAGR (5y) | -12.5% | - | -8.7% | -8.6% | -3.2% | - | 0.2% | 3.1% | 7.5% | - |
| Gross profit growth (YoY) | -14.3% | - | 44.5% | -23.0% | -1.6% | - | -25.6% | 27.2% | -3.5% | - |
| Operating income growth (YoY) | -16.3% | - | 74.1% | 2.1% | 37.4% | - | -43.5% | 61.0% | -5.2% | - |
| Net income growth (YoY) | -59.6% | - | 70.1% | - | 61.9% | - | -9.0% | - | -115.5% | - |
| EPS growth (YoY) | - | - | - | - | - | - | -5.9% | - | -95.8% | - |
| EPS CAGR (3y) | - | - | 54.2% | - | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | 10.4% | - | - | - | - | - |
| FCF growth (YoY) | - | - | - | - | -27.5% | - | - | - | -20.7% | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | - | - | - | - | -98.0% | -82.5% | -78.9% | -62.5% | -69.2% | -35.1% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Product / service
$182.84M totalSales Category$182.84M · 100.0%
Peer comparison
Same SIC group: Household Furniture
Comparing Purple Innovation against the 5 most active filers in the same SIC group.
Dividends
$0.00/share trailing 12 months
| Ex-date | Per share |
|---|---|
| Apr 27, 2023 | $0.0010 |