Purple Innovation, Inc. PRPL
the greatest sleep ever invented.
digitally-native vertical brand founded on comfort product innovation with premium offerings, and have since expanded into brick
& mortar stores as a true omni-channel brand. We offer a variety of innovative, branded and premium comfort products, including
mattresses, pillows, cushions, bases, sheets and more. Our products are the result of decades of innovation and investment in
Last close
3.81
2026-09-04
Market cap
$16.6M
estimated share count
52-week range
3.71 - 28.75
Valuation FY2025 figures against the last close
P/S0.0x
P/E7.9x
P/FCF—
EV/EBITDA—
Dividend yield—
Diluted EPS0.48
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $468.7M | $487.9M | $510.5M | $573.2M | $725.0M | $648.5M | $428.4M | $285.8M | $196.9M | — |
| Cost of revenue | $280.2M | $306.7M | $338.7M | $365.1M | $431.3M | $343.4M | $239.4M | $173.2M | $111.8M | — |
| Gross profit | $188.6M | $181.1M | $171.8M | $208.1M | $293.7M | $305.1M | $189.0M | $112.6M | $85.0M | — |
| R&D | $9.6M | $13.0M | $11.9M | $8.8M | $6.9M | $6.0M | $3.9M | $2.1M | $1.4M | — |
| SG&A | $63.6M | $69.1M | $84.4M | $76.7M | $72.1M | $39.9M | $26.9M | $23.6M | $13.2M | $2.7M |
| Total operating expenses | $231.6M | $273.3M | $285.5M | $250.8M | $318.3M | $233.9M | $172.8M | $129.5M | $93.8M | — |
| Operating income | -$43.0M | -$92.2M | -$113.7M | -$42.8M | -$24.6M | $71.2M | $16.2M | -$16.9M | -$8.7M | -$2.7M |
| Interest expense | $28.8M | $17.5M | $2.0M | $3.5M | $1.9M | $4.7M | $5.2M | $3.7M | $81.0K | — |
| Pre-tax income | -$51.3M | -$98.0M | -$121.2M | $120.4M | $1.4M | -$273.5M | -$30.5M | -$19.6M | $1.2M | -$2.3M |
| Income tax | $207.0K | $63.0K | $8.0K | $8.0K | $1.5M | $43.7M | $400.0K | — | $406.0K | — |
| Net income | -$51.4M | -$97.9M | -$120.8M | -$92.5M | $3.1M | -$236.9M | -$22.6M | -$4.3M | -$8.8M | -$2.3M |
| EPS, basic | 0.48 | 0.91 | 1.17 | -1.13 | 0.05 | -6.04 | -2.26 | -0.51 | -1.05 | -0.49 |
| EPS, diluted | 0.48 | 0.91 | 1.17 | -1.13 | -0.31 | -6.04 | -2.26 | -0.51 | -1.05 | -0.49 |
| Shares, diluted (wtd. avg.) | $108.2M | $107.3M | $103.9M | $81.8M | $67.3M | $39.2M | $10.0M | — | $17.7M | $4.8M |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $24.3M | $29.0M | $26.9M | $41.8M | $91.6M | $123.0M | $33.5M | $12.2M | $3.6M | $4.0M |
| Receivables | $41.3M | $33.1M | $37.8M | $34.6M | $25.4M | $29.1M | $28.7M | $10.2M | $4.2M | — |
| Inventory | $59.7M | $56.9M | $66.9M | $73.2M | $98.7M | $65.7M | $47.6M | $22.9M | $13.3M | — |
| Total current assets | $136.7M | $126.4M | $141.8M | $161.5M | $229.5M | $229.1M | $114.1M | $47.7M | $22.9M | $278.0K |
| Property, plant and equipment | $78.0M | $93.9M | $128.7M | $136.7M | $112.6M | $61.5M | $32.0M | $22.5M | $13.5M | — |
| Goodwill | — | $6.9M | — | $4.9M | — | — | — | — | — | — |
| Other intangibles | $6.3M | $8.9M | $22.2M | $26.2M | $13.2M | $9.9M | $1.1M | $1.5M | $1.3M | — |
| Total assets | $296.3M | $307.8M | $390.6M | $433.3M | $642.5M | $554.7M | $147.7M | $71.7M | $37.7M | $155.8M |
| Accounts payable | $40.3M | $40.6M | $49.8M | $46.4M | $79.8M | $69.6M | $50.2M | $24.8M | $21.1M | $199.0K |
| Short-term debt | — | $55.4M | $26.9M | $23.7M | $96.4M | $2.0M | — | — | — | — |
| Total current liabilities | $101.5M | $101.0M | $111.0M | $98.1M | $142.0M | $132.2M | $86.9M | $48.6M | $41.2M | $1.9M |
| Long-term debt | $126.7M | $70.7M | $26.9M | $23.7M | $96.4M | $43.4M | $35.4M | $26.6M | $8.0M | — |
| Total liabilities | $325.9M | $287.6M | $275.0M | $258.2M | $495.9M | $487.2M | $176.3M | $73.7M | $51.6M | $6.5M |
| Retained earnings | -$625.3M | -$573.9M | -$476.0M | -$355.2M | -$261.8M | -$265.9M | -$29.0M | -$4.3M | -$1.8M | -$2.6M |
| Total equity | -$29.7M | $20.2M | $115.6M | $175.2M | $145.6M | $67.5M | -$28.5M | -$7.3M | -$13.9M | -$812.0K |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | -$33.8M | -$17.9M | -$54.7M | -$28.8M | -$30.9M | $81.3M | $22.9M | -$21.7M | $5.0M | -$811.0K |
| Depreciation and amortisation | $24.1M | $35.4M | $25.1M | $17.5M | $9.5M | $7.9M | $4.3M | $2.2M | $741.0K | — |
| Stock-based compensation | $1.7M | $2.8M | $4.9M | $3.4M | $3.4M | $2.2M | $10.1M | $487.0K | — | — |
| Capital expenditure | $8.1M | $7.2M | $14.4M | $35.4M | $53.9M | $27.9M | $10.5M | $11.3M | $7.6M | — |
| Investing cash flow | -$8.3M | -$7.5M | -$16.1M | -$34.5M | -$57.1M | -$39.1M | -$10.8M | -$11.7M | -$8.7M | — |
| Financing cash flow | $37.4M | $27.5M | $55.8M | $13.4M | $56.6M | $47.4M | $9.1M | $41.9M | $3.3M | — |
| Dividends paid | — | — | — | $100.0K | — | — | — | — | — | — |
| Buybacks | — | — | — | — | — | — | $97.0K | — | $34.2M | — |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001213900-26-046358.
Others in SIC 2510
| Ticker | Company | Market cap | P/E | Revenue growth |
|---|---|---|---|---|
| SGI | SOMNIGROUP INTERNATIONAL INC. | $14.70B | 38.0x | 51.6% |
| LZB | LA-Z-BOY INC | $1.31B | 13.3x | 0.8% |
| LEG | LEGGETT & PLATT INC | $1.26B | 5.4x | -7.5% |
| CODI | Compass Diversified Holdings | $878.0M | — | 4.8% |
| XMAX | XMax Inc. | $556.8M | — | 72.6% |
| FLXS | FLEXSTEEL INDUSTRIES INC | $336.2M | 13.5x | 4.1% |
| HOFT | HOOKER FURNISHINGS Corp | $140.9M | — | -12.4% |
| NTZ | NATUZZI S P A | — | — | — |