PURPLE INNOVATION, INC. financials
Source: EDGAR filings · Built 2026-06-19T03:00:45Z
Key metrics by reporting period
Up to six most-recent periods side-by-side. Rows are the curated key lines — revenue, margins, cash, debt, equity, cash-flow totals, plus the derived and valuation metrics we compute on top. For every tag a filer reported in one period, use the single-filing drilldown below.
Derived Metrics
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Free Cash Flow | -41.91M | -25.09M | -69.05M | -64.15M | -84.84M | 53.38M |
| EBITDA | -18.96M | -56.83M | -88.61M | -25.27M | -15.11M | 79.13M |
| Working Capital | 35.20M | 25.36M | 30.83M | 63.33M | 87.49M | 96.86M |
| Net Debt | 195.32M | 134.65M | 211.90M | 113.31M | 93.01M | -25.37M |
| Gross Margin | 40.23% | 37.13% | 33.66% | 36.30% | 40.52% | 47.05% |
| Operating Margin | -9.18% | -18.89% | -22.27% | -7.46% | -3.39% | 10.98% |
| Net Margin | -10.97% | -20.07% | -23.65% | -16.13% | 0.43% | -36.53% |
| Return on Equity (ROE) | 173.19% | -484.69% | -104.62% | -53.06% | 2.14% | -352.50% |
| Return on Assets (ROA) | -17.35% | -31.80% | -30.91% | -21.34% | 0.48% | -42.70% |
| Current Ratio | 1.35× | 1.25× | 1.28× | 1.65× | 1.62× | 1.73× |
| Debt-to-Equity | -7.40× | 8.10× | 2.07× | 0.89× | 1.27× | 1.45× |
| Effective Tax Rate | -0.40% | -0.06% | -0.01% | 176.98% | -106.73% | 15.99% |
| Cash Conversion Ratio | 0.66× | 0.18× | 0.45× | 0.31× | -9.92× | -0.34× |
| Accruals Ratio | -0.06× | -0.26× | -0.17× | -0.15× | 0.05× | -0.57× |
| SBC % of Revenue | 0.37% | 0.58% | 0.95% | 0.59% | 0.46% | 0.34% |
| CapEx Coverage | -4.19× | -2.46× | -3.80× | -0.81× | -0.57× | 2.91× |
| Free Cash Flow Per Share | $-0.39 | $-0.23 | $-0.66 | $-0.78 | $-1.26 | $1.36 |
Income Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenues | 468.73M | 487.88M | 510.54M | 573.20M | 725.00M | 648.47M |
| Cost of Goods and Services Sold | — | — | — | — | 431.25M | 343.37M |
| Cost of Revenue | 280.17M | 306.75M | 338.72M | 365.11M | 431.25M | 343.37M |
| Gross Profit | 188.56M | 181.13M | 171.82M | 208.09M | 293.75M | 305.10M |
| Research and Development Expense | 9.60M | 12.96M | 11.90M | 8.76M | 6.94M | 5.96M |
| Operating Expenses | 231.59M | 273.31M | 285.54M | 250.84M | 318.32M | 233.87M |
| Operating Income (Loss) | -43.03M | -92.18M | -113.71M | -42.75M | -24.58M | 71.23M |
| Income Tax Expense (Benefit) | 207.00K | 63.00K | 8.00K | 213.17M | -1.52M | -43.75M |
| Net Income (Loss) Attributable to Parent | -51.41M | -97.90M | -120.76M | -92.47M | 3.11M | -236.87M |
| Earnings Per Share, Basic | $0.48 | $0.91 | $1.17 | $-1.13 | $0.05 | $-6.04 |
| Weighted Average Number of Shares Outstanding, Basic | 108.08M | 107.14M | 103.60M | 81.78M | 65.93M | 39.22M |
| Earnings Per Share, Diluted | $0.48 | $0.91 | $1.17 | $-1.13 | $-0.31 | $-6.04 |
| Weighted Average Number of Shares Outstanding, Diluted | 108.25M | 107.32M | 103.94M | 81.78M | 67.30M | 39.22M |
Balance Sheet
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 24.34M | 29.01M | 26.86M | 41.75M | 91.62M | 122.95M |
| Assets, Current | 136.72M | 126.37M | 141.81M | 161.46M | 229.50M | 229.07M |
| Assets | 296.26M | 307.85M | 390.63M | 433.33M | 642.47M | 554.73M |
| Long-term Debt | 126.68M | 70.68M | 26.91M | 23.66M | 94.11M | 41.41M |
| Liabilities, Current | 101.52M | 101.00M | 110.98M | 98.13M | 142.01M | 132.21M |
| Long-term Debt, Excluding Current Maturities | — | — | 26.91M | 23.66M | 96.41M | 43.41M |
| Liabilities | 325.93M | 287.64M | 275.02M | 258.16M | 495.93M | 487.19M |
| Stockholders' Equity Attributable to Parent | -29.69M | 20.20M | 115.42M | 174.26M | 145.77M | 67.20M |
Cash Flow Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | -33.83M | -17.85M | -54.66M | -28.77M | -30.90M | 81.26M |
| Payments to Acquire Property, Plant, and Equipment | 8.08M | 7.24M | 14.39M | 35.38M | 53.94M | 27.88M |
| Net Cash Provided by (Used in) Investing Activities | -8.28M | -7.53M | -16.06M | -34.50M | -57.06M | -39.14M |
| Payments of Dividends | — | — | — | 100.00K | — | — |
| Net Cash Provided by (Used in) Financing Activities | 37.44M | 27.53M | 55.83M | 13.41M | 56.62M | 47.36M |
Derived Metrics
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Free Cash Flow | 1.38M | -7.80M | -34.11M | -32.28M | -25.31M | 5.68M |
| EBITDA | -12.42M | 2.22M | — | — | -9.43M | 213.00K |
| Working Capital | 22.36M | 35.20M | 39.31M | 41.49M | 29.79M | 25.36M |
| Net Debt | 66.94M | 195.32M | 167.75M | 161.22M | 155.29M | 134.65M |
| Gross Margin | 36.76% | 41.92% | 42.82% | 35.85% | 39.40% | 42.86% |
| Operating Margin | -17.59% | -1.55% | -10.21% | -13.55% | -13.90% | -5.97% |
| Net Margin | -31.90% | -2.28% | -9.87% | -16.50% | -18.37% | -6.57% |
| Return on Equity (ROE) | 50.80% | 10.82% | 43.51% | 110.91% | -1428.13% | -41.98% |
| Return on Assets (ROA) | -11.23% | -1.08% | -3.88% | -5.71% | -6.51% | -2.75% |
| Current Ratio | 1.24× | 1.35× | 1.40× | 1.49× | 1.36× | 1.25× |
| Debt-to-Equity | -1.53× | -7.40× | -7.43× | -12.50× | 132.03× | 8.10× |
| Effective Tax Rate | -0.15% | -1.86% | -0.45% | -0.31% | -0.21% | 1.31% |
| Cash Conversion Ratio | -0.10× | 1.81× | 2.39× | 1.56× | 1.21× | -0.80× |
| Accruals Ratio | -0.12× | 0.01× | 0.05× | 0.03× | 0.01× | -0.05× |
| SBC % of Revenue | 0.16% | 0.33% | 1.07% | 0.45% | 0.35% | 0.55% |
| CapEx Coverage | 1.85× | -2.90× | -4.61× | -5.18× | -10.29× | 6.24× |
| Free Cash Flow Per Share | $0.01 | $-0.07 | $-0.31 | $-0.30 | $-0.24 | $0.05 |
Income Statement
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Revenues | 95.73M | 140.69M | 118.77M | 105.10M | 104.17M | 128.97M |
| Cost of Revenue | 60.53M | 81.71M | 67.92M | 67.42M | 63.13M | 73.70M |
| Gross Profit | 35.20M | 58.98M | 50.85M | 37.68M | 41.05M | 55.28M |
| Research and Development Expense | 2.45M | 2.61M | 2.37M | 2.18M | 2.45M | 2.39M |
| Operating Expenses | 52.04M | 61.16M | 62.98M | 51.92M | 55.52M | 62.97M |
| Operating Income (Loss) | -16.84M | -2.19M | -12.13M | -14.24M | -14.48M | -7.69M |
| Income Tax Expense (Benefit) | 47.00K | 59.00K | 53.00K | 54.00K | 41.00K | -113.00K |
| Net Income (Loss) Attributable to Parent | -30.54M | -3.21M | -11.72M | -17.34M | -19.14M | -8.48M |
| Earnings Per Share, Basic | $-0.28 | $0.03 | $0.11 | $0.16 | $-0.18 | $0.07 |
| Weighted Average Number of Shares Outstanding, Basic | 108.39M | 108.08M | 108.25M | 108.23M | 107.60M | 107.14M |
| Earnings Per Share, Diluted | $-0.28 | $0.03 | $0.11 | $0.16 | $-0.18 | $0.07 |
| Weighted Average Number of Shares Outstanding, Diluted | 108.39M | 108.25M | 108.41M | 108.23M | 107.60M | 107.32M |
Balance Sheet
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 24.95M | 24.34M | 32.36M | 34.25M | 21.63M | 29.01M |
| Assets, Current | 115.58M | 136.72M | 136.41M | 125.93M | 113.40M | 126.37M |
| Assets | 271.99M | 296.26M | 302.12M | 303.79M | 293.77M | 307.85M |
| Long-term Debt | — | 126.68M | — | — | — | 70.68M |
| Liabilities, Current | 93.21M | 101.52M | 97.10M | 84.44M | 83.61M | 101.00M |
| Liabilities | 332.13M | 325.93M | 329.03M | 319.37M | 292.44M | 287.64M |
| Stockholders' Equity Attributable to Parent | -60.12M | -29.69M | -26.94M | -15.64M | 1.34M | 20.20M |
Cash Flow Statement
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | 2.99M | -5.80M | -28.03M | -27.06M | -23.07M | 6.76M |
| Payments to Acquire Property, Plant, and Equipment | 1.61M | 2.00M | 6.08M | 5.22M | 2.24M | 1.08M |
| Net Cash Provided by (Used in) Investing Activities | -2.03M | -2.21M | -6.07M | -5.14M | -2.14M | -1.15M |
| Net Cash Provided by (Used in) Financing Activities | -346.00K | 0 | 37.44M | 37.44M | 17.83M | 0 |
Raw XBRL tagging for a single filing
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Methodology
All facts on this page come straight from SEC EDGAR XBRL
company-facts filings (PRPL CIK 0001643953),
grouped by financial statement using FASB's base
us-gaap presentation taxonomy. Filers may re-parent
concepts onto different statements in their own extension
taxonomy, so a handful of rows can show up under a different
statement than on the actual 10-K / 10-Q; custom concepts and
any we couldn't map fall into Other. Hover a
cell to see the fully-qualified concept name and the filer's
description.
For the full methodology — statement grouping, the Other bucket, derived metrics, and fact tooltips — see the methodology reference for the statement grouping, the "Other" bucket, derived metrics, and fact tooltips.