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Purple Innovation (PRPL)

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Earnings summaries and quarterly performance for Purple Innovation.

Recent press releases and 8-K filings for PRPL.

Purple Innovation Announces Q3 2025 Results
PRPL
Earnings
Guidance Update
Revenue Acceleration/Inflection
  • Purple Innovation reported Q3 2025 net revenue of $118.8 million, a slight increase compared to the prior year, and achieved a positive adjusted EBITDA of $200,000, an improvement from a loss of $6.4 million last year.
  • Gross margin significantly improved to 42.8% in Q3 2025, up from 36% in the second quarter, driven by direct material cost savings, restructuring completion, and warranty/scrap reduction initiatives.
  • The company reiterated its full-year 2025 guidance, projecting revenue in the range of $465 million to $485 million and adjusted EBITDA between break-even and $10 million positive.
  • Growth was supported by the ongoing expansion of the Mattress Firm partnership, with Purple products now in 9,200 slots and aiming for 12,000 slots by March 2026, and the strong performance of the Rejuvenate 2.0 mattress collection.
  • The board's review of strategic alternatives, which includes evaluating a merger, sale, or other strategic transactions, is still ongoing.
Nov 4, 2025, 9:30 PM
Purple Innovation Reports Third Quarter 2025 Results
PRPL
Earnings
Guidance Update
Revenue Acceleration/Inflection
  • Purple Innovation reported net revenue of $118.8 million for the third quarter ended September 30, 2025, a slight increase from $118.6 million in the prior year period.
  • The company achieved an improved net loss of $11.7 million and positive adjusted EBITDA of $0.2 million in Q3 2025, compared to a net loss of $39.2 million and adjusted EBITDA of $(6.4) million in Q3 2024.
  • Gross profit increased to $50.9 million, representing 42.8% of net revenue in Q3 2025, up from $35.2 million or 29.7% in the prior year.
  • As of September 30, 2025, cash and cash equivalents stood at $32.4 million, an increase from $29.0 million at December 31, 2024.
  • Purple Innovation is maintaining its 2025 full-year guidance, projecting revenue between $465 million and $485 million and adjusted EBITDA from breakeven to $10 million.
Nov 4, 2025, 9:05 PM
Purple Innovation Reports Third Quarter 2025 Results
PRPL
Earnings
Guidance Update
Revenue Acceleration/Inflection
  • Purple Innovation reported net revenue of $118.8 million for the third quarter ended September 30, 2025, a slight increase compared to $118.6 million in the prior year period.
  • The company achieved an improved net loss of $11.7 million and positive adjusted EBITDA of $0.2 million in Q3 2025, compared to a net loss of $39.2 million and adjusted EBITDA of $(6.4) million in Q3 2024.
  • Gross profit for Q3 2025 increased to $50.9 million, or 42.8% of net revenue, up from $35.2 million, or 29.7%, in the prior year period, driven by manufacturing efficiencies and direct material cost savings.
  • Purple Innovation is maintaining its 2025 full-year revenue guidance of $465 to $485 million and adjusted EBITDA guidance of breakeven to $10 million.
Nov 4, 2025, 9:02 PM