Purple Innovation, Inc. (PRPL)
About Purple Innovation, Inc.
Purple Innovation Inc designs and manufactures sleep products. Using its GelFlex Grid technology, the company designs, manufactures, and offers branded comfort sleep products, including mattresses, pillows, cushions, mattress protectors, bases, sheets, and others. It markets and sells these products through direct-to-consumer e-commerce channels, retail brick-and-mortar wholesale partners, Purple showrooms, and third-party online retailers.
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American Credentials
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Financial summary
- Revenue FY2025
- $468.7M
- Net income
- -$51.4M
- Total assets
- $296.3M
- Market cap
- $42.8M
- Gross margin
- 40.2%
- Operating margin
- -9.2%
- Net margin
- -11.0%
Source: SEC EDGAR · updated Jun 7, 2026
Revenue & profit trend
Financial statements
Income statement
- Revenue
- $468.7M
- Cost of revenue
- $280.2M
- Gross profit
- $188.6M
- Operating expenses
- $231.6M
- Operating income
- -$43.0M
- Income tax
- $207.0K
- Net income
- -$51.5M
- EPS (basic)
- $0.48
- EPS (diluted)
- $0.48
Balance sheet
- Total assets
- $296.3M
- Current assets
- $136.7M
- Total liabilities
- $325.9M
- Current liabilities
- $101.5M
- Shareholders’ equity
- -$29.7M
Cash flow
- Operating cash flow
- -$33.8M
- Investing cash flow
- -$8.3M
- Financing cash flow
- $37.4M
- Net cash flow
- -$4.7M
Statements via Polygon.io (SEC filings)
15-minute delayed · data by Polygon.io
Past year · hover for prices
52-week range
- Market cap
- $42.8M
- P/E ratio
- 15.9
- EPS (diluted)
- $0.48
- Shares outstanding
- 5.6M
- Open
- —
- Day range
- –
- Prev close
- —
- Volume
- —
- IPO date
- Oct 29, 2015
Purple Innovation, Inc. (PRPL) Stock Price
- Reported a net loss of $51.4M in FY2025.
- Revenue declined 35% from FY2021 to FY2025.
- Gross margin of 40.2%, net margin -11.0%.
- Trading 76% below its 52-week high.
- Valued at a price-to-earnings (P/E) ratio of 15.9.
Automatically generated from public filings and market data. Informational only — not investment advice or a recommendation to buy or sell any security.
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News about Purple Innovation, Inc.
News & sentiment via Polygon.io
Purple Innovation, Inc.: frequently asked questions
Is Purple Innovation, Inc. an American company?
Yes — Purple Innovation, Inc. is an American company headquartered in Lehi, Utah. Its American-origin credentials have been independently reviewed and verified by americancompanies.com.
Where is Purple Innovation, Inc. headquartered?
Purple Innovation, Inc. is headquartered in Lehi, Utah, United States.
Is Purple Innovation, Inc. publicly traded?
Yes — Purple Innovation, Inc. is a publicly traded company. Its stock trades under the ticker symbol PRPL on the NASDAQ.
What does Purple Innovation, Inc. do?
Purple Innovation, Inc. is an American Furniture company in the Home & Furniture sector.
When was Purple Innovation, Inc. founded?
Purple Innovation, Inc. was founded in 2015.