Purple Innovation, Inc. (PRPL)

NASDAQ: PRPL · Real-Time Price · USD
0.510
-0.134 (-20.86%)
Apr 28, 2026, 2:46 PM EDT - Market open
-20.86%
Market Cap 55.58M
Revenue (ttm) 468.73M
Net Income (ttm) -51.41M
Shares Out 108.99M
EPS (ttm) -0.48
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 1,753,884
Open 0.589
Previous Close 0.644
Day's Range 0.480 - 0.589
52-Week Range 0.480 - 1.260
Beta 1.84
Analysts Hold
Price Target 0.85 (+66.67%)
Earnings Date Apr 28, 2026

About PRPL

Purple Innovation, Inc. designs, manufactures, and sells sleep and other products in the United States and internationally. It provides mattresses, pillows, sheets, foundations, waterproof mattress protectors, bases, and seat cushions, as well as blankets and duvets. The company markets and sells its products through its direct-to-consumer e-commerce channels, retail brick-and-mortar wholesale partners, third-party online retailers, and Purple showrooms. The company was founded in 2010 and is headquartered in Lehi, Utah. [Read more]

Founded 2010
Employees 1,100
Stock Exchange NASDAQ
Ticker Symbol PRPL
Full Company Profile

Financial Performance

In 2025, Purple Innovation's revenue was $468.73 million, a decrease of -3.93% compared to the previous year's $487.88 million. Losses were -$51.41 million, -47.48% less than in 2024.

Financial Statements

Analyst Forecast

According to one analyst, the rating for PRPL stock is "Hold" and the 12-month stock price target is $0.85.

Price Target
$0.85
(66.67% upside)
Analyst Consensus: Hold
Stock Forecasts

News

Purple Innovation Earnings Call Transcript: Q1 2026

Q1 2026 revenue declined 8.1% year-over-year, mainly due to e-commerce softness and an accounting adjustment, but showroom comps rose 7% and wholesale grew excluding the adjustment. Gross margin was 36.8%, pressured by floor model investments, while full-year revenue guidance was lowered to $465–$485 million, with EBITDA guidance unchanged.

6 hours ago - Transcripts

Purple Innovation Reports First Quarter 2026 Results

Showroom Comps up 7.0%, Marking the Third Consecutive Quarter of Positive Comps E-commerce Trends Improve Sequentially Early Traction from Purple Royale at Mattress Firm Supports Premium Momentum and ...

6 hours ago - PRNewsWire

Purple Innovation Announces CFO Transition

Robert (Bob) Lucian, Former La-Z-Boy CFO, Appointed Chief Financial Officer Todd Vogensen to Depart Effective May 1, 2026 LEHI, Utah, April 28, 2026 /PRNewswire/ -- Purple Innovation, Inc. (NASDAQ: PR...

6 hours ago - PRNewsWire

Purple Innovation to Report First Quarter 2026 Results on April 28, 2026

LEHI, Utah, April 21, 2026 /PRNewswire/ -- Purple Innovation, Inc. (NASDAQ: PRPL) ("Purple"), a comfort innovation company whose mattresses promise to give you "less pain, better sleep," will report f...

7 days ago - PRNewsWire

Purple Innovation Earnings Call Transcript: Q4 2025

Q4 2025 saw 9% revenue growth and improved profitability, with full-year adjusted EBITDA turning positive. 2026 guidance calls for $500M-$520M revenue and $20M-$30M adjusted EBITDA, driven by premium products and expanded wholesale, despite a challenging market.

4 weeks ago - Transcripts

Purple Innovation Reports Fourth Quarter and Full Year 2025 Results

Revenue Increases 9% in Fourth Quarter GAAP Net Loss of $3.2 Million in Fourth Quarter Delivers $8.8 Million in Adjusted EBITDA in Fourth Quarter Full Year Adjusted EBITDA Positive; Gross Margin Excee...

4 weeks ago - PRNewsWire

Purple Innovation Extends Maturity of Debt and Reschedules Fourth Quarter and Full Year 2025 Earnings Release and Conference Call

LEHI, Utah, March 24, 2026 /PRNewswire/ -- Purple Innovation, Inc. (NASDAQ: PRPL) ("Purple"), a comfort innovation company whose mattresses promise to give you "less pain, better sleep," today announc...

4 weeks ago - PRNewsWire

Purple Innovation to Report Fourth Quarter and Full Year 2025 Results on March 25, 2026

LEHI, Utah, March 24, 2026 /PRNewswire/ -- Purple Innovation, Inc. (NASDAQ: PRPL) ("Purple"), a comfort innovation company whose mattresses promise to give you "less pain, better sleep," will report f...

5 weeks ago - PRNewsWire

Independent studies show Purple Innovations® Essential and Restore mattresses, with GelFlex Grid® technology, show self-reported pain dropping by 63-68% and sleep quality and comfort significantly improving

Purple's GelFlex Grid® Mattresses Reduce Self-Reported Pain and Improves Sleep in Independent Studies by SleepScore Labs SALT LAKE CITY , Dec. 15, 2025 /PRNewswire/ -- Purple Innovation, Inc. ("Purple...

4 months ago - PRNewsWire

Purple Innovation Earnings Call Transcript: Q3 2025

Revenue returned to growth at $118.8M, with gross margin up to 42.8% and positive Adjusted EBITDA. Showroom and wholesale segments outperformed, while e-commerce improved sequentially. Full-year guidance was reiterated, and the company remains focused on innovation and retail expansion.

6 months ago - Transcripts

Purple Innovation Reports Third Quarter 2025 Results

Purple Achieves Improved Net Loss and Positive Adjusted EBITDA, Advancing Its Profitability Turnaround Rejuvenate 2.0 Drives Continued Product and Brand Momentum Mattress Firm Rollout Remains on Track...

6 months ago - PRNewsWire

Purple Innovation to Report Third Quarter 2025 Results on November 4, 2025

LEHI, Utah , Oct. 29, 2025 /PRNewswire/ -- Purple Innovation, Inc. (NASDAQ: PRPL) ("Purple"), a comfort innovation company whose mattresses promise to give you "less pain, better sleep," will report t...

6 months ago - PRNewsWire

Purple Innovation Earnings Call Transcript: Q2 2025

Q2 revenue declined 12.6% year-over-year but improved sequentially, with strong demand for new products and expanding retail partnerships. Gross margin was temporarily impacted by tariffs and ramp-up costs, but recovery is expected by year-end. Full-year guidance is reaffirmed.

9 months ago - Transcripts

Purple Innovation Reports Second Quarter 2025 Results; Reaffirms 2025 Guidance

Net Loss Exceeded Expectations; Adjusted EBITDA Margin Improved 120 Basis Points versus Last Year Strong Rejuvenate 2.0 Demand More than Double the Rejuvenate 1.0 Launch in DTC Mattress Firm Rollout P...

9 months ago - PRNewsWire

Purple Innovation to Report Second Quarter 2025 Results on July 29, 2025

LEHI, Utah , July 21, 2025 /PRNewswire/ -- Purple Innovation, Inc. (NASDAQ: PRPL) ("Purple"), a comfort innovation company whose mattresses promise to give you "less pain, better sleep," will report s...

10 months ago - PRNewsWire

Purple Innovation Earnings Call Transcript: Q1 2025

Revenue declined 13% year-over-year to $104.2 million, but gross margin and adjusted EBITDA improved due to cost savings and showroom strength. Expanded Mattress Firm partnership is expected to add $70 million in annual revenue, offsetting tariff and macro headwinds.

1 year ago - Transcripts

Purple Innovation Reports First Quarter 2025 Results; Reaffirms 2025 Guidance

Exceeded Q1 Adjusted EBITDA Target; Delivered Q1 Sales Consistent with Guidance GAAP Gross Margin of 39.4% in Q1; Adjusted Gross Margin Above 40% for Fourth Consecutive Quarter LEHI, Utah , May 6, 202...

1 year ago - PRNewsWire

Purple Announces Significant Expansion of Commercial Relationship with Somnigroup

Agreements meaningfully increase Purple's footprint in Mattress Firm stores nationwide and provide Purple with strategic supply support from Tempur Sherwood Bolsters Mattress Firm's position as a mult...

Other symbols: SGI
1 year ago - PRNewsWire

Purple Innovation to Report First Quarter 2025 Results on May 6, 2025

LEHI, Utah , May 2, 2025 /PRNewswire/ -- Purple Innovation, Inc. (NASDAQ: PRPL) ("Purple"), a comfort innovation company known for creating the "World's First No Pressure™ Mattress," will report first...

1 year ago - PRNewsWire

Purple Mattress: Should You Buy This Mattress in 2025?

Looking for next-level comfort during sleep? This Purple mattress review will show you how their patented GelFlex grid and other mattress features can improve the quality of your sleep. Looking for ne...

1 year ago - GlobeNewsWire

PURPLE TRANSFORMS LUXURY SLEEP WITH NEW REJUVENATE COLLECTION FEATURING GRID TECHNOLOGY - THE MOST COMFORTABLE MATTRESS OF ALL TIME

New DreamLayer™ Technology Provides Unparalleled Pressure Relief in Four New Rejuvenate Mattress Models SALT LAKE CITY , April 29, 2025 /PRNewswire/ --  Purple Innovation , Inc ("Purple"), (NASDAQ: PR...

1 year ago - PRNewsWire

Purple Innovation Earnings Call Transcript: Q4 2024

Q4 2024 saw a return to adjusted EBITDA profitability and positive cash flow, with gross margin up 970 bps year-over-year. Full-year revenue declined 4.4%, but operational improvements and cost savings drove margin gains. 2025 guidance anticipates sequential growth, with profitability in the second half and continued focus on innovation and cost control.

1 year ago - Transcripts

Purple Innovation Reports Fourth Quarter and Full Year 2024 Results

Returned to Positive Adjusted EBITDA and Cash Flow in Fourth Quarter GAAP Gross Margin of 42.9% in Q4; Adjusted Gross Margin improved Over 810bps in Q4 Versus Last Year Generated Incremental Liquidity...

1 year ago - PRNewsWire

Purple Innovation Announces Review of Strategic Alternatives to Maximize Shareholder Value

Initiates Review Following Receipt of Expressions of Interest Returned to Positive Adjusted EBITDA and Positive Cash Flow Generation in Fourth Quarter 2024 and Expanded Credit Facility, Enabling Enhan...

1 year ago - PRNewsWire

Purple Innovation to Report Fourth Quarter and Full Year 2024 Results on March 13, 2025

LEHI, Utah , March 12, 2025 /PRNewswire/ -- Purple Innovation, Inc. (NASDAQ: PRPL) ("Purple"), a comfort innovation company known for creating the "World's First No Pressure™ Mattress," will report fo...

1 year ago - PRNewsWire