Purple Innovation financials
$2.26−7.00%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY25 Dec 31 | FY24 Dec 31 | FY23 Dec 31 | FY22 Dec 31 | FY21 Dec 31 | FY20 Dec 31 | FY19 Dec 31 | FY18 Dec 31 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $468.7M | $487.9M | $510.5M | $573.2M | $725.0M | $648.5M | $428.4M | $285.8M |
| Gross profit | $188.6M | $181.1M | $171.8M | $208.1M | $293.7M | $305.1M | $189.0M | $112.6M |
| Gross margin | 40.2% | 37.1% | 33.7% | 36.3% | 40.5% | 47.0% | 44.1% | 39.4% |
| Operating income | -$43.0M | -$92.2M | -$113.7M | -$42.8M | -$24.6M | $71.2M | $16.2M | -$16.9M |
| Net income | -$51.4M | -$97.9M | -$120.8M | -$92.5M | $3.1M | -$236.9M | -$22.6M | -$4.3M |
| Net margin | −11.0% | −20.1% | −23.7% | −16.1% | 0.4% | −36.5% | −5.3% | −1.5% |
| Diluted EPS | $-12.00 | $-22.75 | $-29.25 | $-28.25 | $-7.75 | $-151.00 | $-56.50 | $-12.75 |
| EBITDA | -$7.6M | -$36.9M | -$81.7M | -$25.3M | -$15.1M | $79.1M | $20.5M | -$14.7M |
| Operating cash flow | -$33.8M | -$17.9M | -$54.7M | -$28.8M | -$30.9M | $81.3M | $22.9M | -$21.7M |
| Free cash flow | -$41.9M | -$25.1M | -$69.1M | -$64.1M | -$84.8M | $53.4M | $12.4M | -$33.0M |
| Diluted shares | 4.3M | 4.3M | 4.2M | 3.3M | 2.7M | 1.6M | 0.4M | 0.3M |
Balance sheet
| Period end | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $24.3M | $29.0M | $26.9M | $41.8M | $91.6M | $123.0M |
| Short-term investments | $0.00 | $0.00 | $0.00 | $0.00 | — | — |
| Total debt | $0.00 | $0.00 | $26.9M | $23.7M | $94.1M | $41.4M |
| Total assets | $296.3M | $307.8M | $390.6M | $433.3M | $642.5M | $554.7M |
| Total liabilities | $325.9M | $287.6M | $275.0M | $258.2M | $495.9M | $487.2M |
| Shareholders' equity | -$29.7M | $20.2M | $115.6M | $175.2M | $146.5M | $67.5M |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology