What is Purple Innovation, Inc.'s earnings per share (EPS)?

Purple Innovation, Inc. (PRPL) reported diluted earnings per share of $0.48 for fiscal year 2025. This represents a -47.3% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Purple Innovation, Inc. (PRPL) Financials

PRPL

Trailing 12 months to June 30, 2026

Revenue $453.5M -0.7% YoY

Net Income -$48.7M +42.2% YoY

EPS (Diluted) -$0.88 +77.4% YoY

Free Cash Flow -$9.5M +64.0% YoY

Market Cap $8.6M as of Oct 14, 2026

Price / Sales 0.0x on $453.5M revenue, trailing 12 months to June 30, 2026

Price / Earnings n/m net loss, so no earnings multiple, trailing 12 months to June 30, 2026

Price / Book n/m negative shareholder equity, so no book multiple, Q2 FY2026

A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 14, 2026; every other figure is from the SEC filings on this page. Not financial advice.

Source SEC Filings (10-K/10-Q) Latest period Q2 FY2026, ended Jun 30, 2026 Reported Aug 11, 2026 Currency USD FYE December

Newest figures come from the 10-Q for Q2 FY2026, filed Aug 11, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the PRPL SEC filings page.

Purple Innovation, Inc. (PRPL) reported $453.5M in revenue over the twelve months to Jun 30, 2026, down 0.7% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 10 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI PRPL FY2025 2026-10-03

Purple's margin recovery has not yet made the business self-funding, while rising leverage has pushed equity below zero.

In FY2025, gross margin reached 40.2% while operating margin improved to -9.2%. Yet operating cash flow was -$33.8M and free cash flow was -$41.9M, so the margin recovery has not translated into cash conversion; accounting improvement still required funding beyond operations.

Revenue fell from $725M in FY2021 to $469M in FY2025, so the margin recovery is not being driven by expanding volume. Gross margin moved from 33.7% in FY2023 to 40.2% in FY2025, pointing to a changed cost or product mix rather than simple scale.

FY2025 liabilities were $326M against $296M of assets, putting the balance sheet in a negative-equity position. A 1.3x current ratio coexisted with $37.4M of financing cash inflow, showing liquidity was supported by funding rather than operating cash generation.

Financial Health Signals

Financial Health Score 22/100

Scored against operating companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →

Health score ≠ stock price. This rates the quality of Purple Innovation, Inc.'s business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Profitability

Purple Innovation, Inc. has an operating margin of -9.2%, meaning the company loses $9 on every $100 of revenue. This results in a profitability score of 25/100. This is up from -18.9% the prior year.

Growth

Purple Innovation, Inc.'s revenue declined 3.9% year-over-year, from $487.9M to $468.7M. This contraction results in a growth score of 18/100.

Leverage

Liquidity

Purple Innovation, Inc.'s current ratio of 1.35 indicates adequate short-term liquidity, earning a score of 35/100. The company can meet its near-term obligations, though with limited headroom.

Cash Flow

Purple Innovation, Inc.'s operations used $33.8M of cash, and capex of $8.1M added to the outflow, for a free cash flow shortfall of $41.9M. This results in a cash flow score of 13/100.

Returns

Altman Z-Score Distress

-1.69

Purple Innovation, Inc. scores -1.69, below the 1.81 distress threshold. The score is driven primarily by a large market capitalization ($8.6M) relative to total liabilities ($325.9M). This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.

Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.

Piotroski F-Score Partial

4/8

Purple Innovation, Inc. passes 4 of 8 computable financial strength tests (1 of the nine could not be computed from available data). 2 of 4 profitability signals pass, 1 of 2 leverage/liquidity signals pass, 1 of 2 efficiency signals pass.

Earnings Quality No Cash Backing

N/A

Purple Innovation, Inc. reported a net loss of $51.4M while operations used $33.8M of cash. With neither figure positive, the ratio between the two carries no quality signal.

Interest Coverage At Risk

N/A

Purple Innovation, Inc. reported an operating loss of $43.0M against $28.8M in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations.

Key Financial Metrics

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Earnings & Revenue

Revenue

$98.3M

YoY-6.5%

QoQ+2.7%

5Y CAGR-11.7%

Purple Innovation, Inc. generated $98.3M in revenue in Q2 2026. This represents a decrease of 6.5% from the same quarter a year earlier. Against the prior quarter it is up 2.7%.

EBITDA

-$550K

YoY+94.6%

QoQ+95.6%

Purple Innovation, Inc.'s EBITDA was -$550K in Q2 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 94.6% from the same quarter a year earlier. Against the prior quarter it is up 95.6%.

Net Income

-$3.2M

YoY+81.4%

QoQ+89.4%

Purple Innovation, Inc. reported -$3.2M in net income in Q2 2026. This represents an increase of 81.4% from the same quarter a year earlier. Against the prior quarter it is up 89.4%.

EPS (Diluted)

-$0.74

YoY+81.5%

Purple Innovation, Inc. earned -$0.74 per diluted share (EPS) in Q2 2026. This represents an increase of 81.5% from the same quarter a year earlier.

Cash & Balance Sheet

Free Cash Flow

-$1.3M

YoY+81.4%

QoQ-194.3%

Purple Innovation, Inc. recorded an outflow of $1.3M in free cash flow in Q2 2026, representing a cash shortfall after capex. This represents an increase of 81.4% from the same quarter a year earlier. Against the prior quarter it is down 194.3%.

Cash & Debt

$23.3M

YoY-32.0%

QoQ-6.6%

5Y CAGR-26.7%

10Y CAGR+40.5%

Purple Innovation, Inc. held $23.3M in cash as of Q2 2026; long-term debt is not reported for that period.

Shares Outstanding

Diluted avg 4M

Purple Innovation, Inc. had a weighted average of 4M diluted shares in Q2 2026; the shares outstanding count is not reported for that period.

Dividends Per Share

Not reported for Q2 2026.

Margins & Returns

Gross Margin

45.2%

YoY+4.7pp

QoQ+8.4pp

5Y change+0.5pp

Purple Innovation, Inc.'s gross margin was 45.2% in Q2 2026, indicating the percentage of revenue retained after direct costs. This is up 4.7 percentage points from the same quarter a year earlier. Against the prior quarter it is up 8.4 percentage points.

Operating Margin

-4.3%

YoY+9.2pp

QoQ+13.3pp

5Y change-2.9pp

Purple Innovation, Inc.'s operating margin was -4.3% in Q2 2026, reflecting core business profitability. This is up 9.2 percentage points from the same quarter a year earlier. Against the prior quarter it is up 13.3 percentage points.

Net Margin

-3.3%

YoY+13.2pp

QoQ+28.6pp

5Y change-4.7pp

Purple Innovation, Inc.'s net profit margin was -3.3% in Q2 2026, showing the share of revenue converted to profit. This is up 13.2 percentage points from the same quarter a year earlier. Against the prior quarter it is up 28.6 percentage points.

Return on Equity

Not reported for Q2 2026.

Capital Allocation

R&D Spending

$2.5M

YoY+14.1%

QoQ+1.5%

5Y CAGR+5.3%

Purple Innovation, Inc. invested $2.5M in research and development in Q2 2026. This represents an increase of 14.1% from the same quarter a year earlier. Against the prior quarter it is up 1.5%.

Capital Expenditures

$1.9M

YoY-34.8%

QoQ+20.7%

5Y CAGR-32.5%

Purple Innovation, Inc. invested $1.9M in capex in Q2 2026, funding long-term assets and infrastructure. This represents a decrease of 34.8% from the same quarter a year earlier. Against the prior quarter it is up 20.7%.

Share Buybacks

Not reported for Q2 2026.

PRPL Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

PRPL quarterly income statement

Metric	TTM	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K
Revenue	$453.5M	$468.7M-3.9%	$487.9M-4.4%	$510.5M-10.9%	$573.2M-20.9%	$725.0M+11.8%	$648.5M+51.4%	$428.4M+49.9%	$285.8M+45.2%	$196.9M	N/A
Cost of Revenue	$268.8M	$280.2M-8.7%	$306.7M-9.4%	$338.7M-7.2%	$365.1M-15.3%	$431.3M+25.6%	$343.4M+43.4%	$239.4M+38.2%	$173.2M+54.9%	$111.8M	N/A
Gross Profit	$184.6M	$188.6M+4.1%	$181.1M+5.4%	$171.8M-17.4%	$208.1M-29.2%	$293.7M-3.7%	$305.1M+61.5%	$189.0M+67.8%	$112.6M+32.4%	$85.0M	N/A
R&D Expenses	$9.9M	$9.6M-25.9%	$13.0M+8.9%	$11.9M+35.9%	$8.8M+26.2%	$6.9M+16.5%	$6.0M+54.1%	$3.9M+84.4%	$2.1M+51.0%	$1.4M	N/A
SG&A Expenses	$64.6M	$63.6M-8.0%	$69.1M-18.2%	$84.4M+10.1%	$76.7M+6.4%	$72.1M+80.6%	$39.9M+48.3%	$26.9M+14.2%	$23.6M+78.1%	$13.2M+398.3%	$2.7M
Operating Income	-$35.4M	-$43.0M+53.3%	-$92.2M+18.9%	-$113.7M-166.0%	-$42.8M-74.0%	-$24.6M-134.5%	$71.2M+339.3%	$16.2M+196.0%	-$16.9M-93.1%	-$8.7M-229.2%	-$2.7M
EBITDA	N/A	-$19.0M+66.6%	-$56.8M+35.9%	-$88.6M-250.7%	-$25.3M-67.3%	-$15.1M-119.1%	$79.1M+285.6%	$20.5M+239.6%	-$14.7M-83.6%	-$8.0M	N/A
Interest Expense	$32.6M	$28.8M+64.3%	$17.5M+790.2%	$2.0M-44.4%	$3.5M+88.9%	$1.9M-59.8%	$4.7M-10.2%	$5.2M+38.8%	$3.7M+4508.6%	$81K	N/A
Income Tax	$191K	$207K+228.6%	$63K+687.5%	$8K-100.0%	$213.2M+14105.8%	-$1.5M+96.5%	-$43.7M-11037.3%	$400K	N/A	$406K	N/A
Net Income	-$48.7M	-$51.4M+47.5%	-$97.9M+18.9%	-$120.8M-30.6%	-$92.5M-3069.5%	$3.1M+101.3%	-$236.9M-949.3%	-$22.6M-422.3%	-$4.3M+51.0%	-$8.8M-279.0%	-$2.3M
EPS (Basic)	N/A	$0.48-47.3%	$0.91-22.2%	$1.17+203.5%	-$1.13-2360.0%	$0.05+100.8%	-$6.04-167.3%	-$2.26-343.1%	-$0.51+51.4%	-$1.05-114.3%	-$0.49
EPS (Diluted)	-$0.88	$0.48-47.3%	$0.91-22.2%	$1.17+203.5%	-$1.13-264.5%	-$0.31+94.9%	-$6.04	-$2.26-343.1%	-$0.51+51.4%	-$1.05	-$0.49
Diluted Shares (Avg)	N/A	108M+0.9%	107M+3.3%	104M+27.1%	82M+21.5%	67M+71.6%	39M	10M	N/A	18M	5M

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Revenue	$98.3M-6.5%	$95.7M-8.1%	$140.7M+9.1%	$118.8M+0.1%	$105.1M-12.6%	$104.2M-13.2%	$129.0M-11.6%	$118.6M-15.3%
Cost of Revenue	$53.9M-13.9%	$60.5M-4.1%	$86.5M+17.4%	$67.9M-18.6%	$62.6M-12.3%	$63.1M-19.4%	$73.7M-24.4%	$83.4M-10.0%
Gross Profit	$44.4M+4.5%	$35.2M-14.3%	$54.1M-2.0%	$50.9M+44.5%	$42.5M-13.1%	$41.0M-1.6%	$55.3M+14.1%	$35.2M-25.6%
R&D Expenses	$2.5M+14.1%	$2.4M-0.2%	$2.6M+9.1%	$2.4M-18.9%	$2.2M-45.4%	$2.5M-33.1%	$2.4M-17.5%	$2.9M+8.0%
SG&A Expenses	$12.4M-17.0%	$18.0M+24.5%	$18.9M+34.8%	$15.2M-12.0%	$15.0M-17.3%	$14.5M-26.6%	$14.0M-16.7%	$17.3M-1.5%
Operating Income	-$4.3M+70.2%	-$16.8M-16.3%	-$2.2M+71.6%	-$12.1M+74.1%	-$14.2M+2.1%	-$14.5M+37.4%	-$7.7M+52.5%	-$46.8M-43.5%
EBITDA	-$550K+94.6%	-$12.4M-31.7%	$4.1M+89.5%	-$3.5M+89.3%	-$10.1M-7.4%	-$9.4M+43.7%	$2.2M+127.7%	-$32.8M-18.8%
Interest Expense	$7.8M+4.8%	$8.2M+72.5%	$8.3M+86.2%	$8.2M+86.7%	$7.5M+79.2%	$4.8M+6.5%	$4.5M+447.1%	$4.4M+639.7%
Income Tax	$32K-40.7%	$47K+14.6%	$59K+152.2%	$53K-15.9%	$54K0.0%	$41K-30.5%	-$113K+26.6%	$63K+250.0%
Net Income	-$3.2M+81.4%	-$30.5M-59.6%	-$3.2M+62.1%	-$11.7M+70.1%	-$17.3M-64340.7%	-$19.1M+61.9%	-$8.5M+53.8%	-$39.2M-9.0%
EPS (Basic)	-$0.74+81.5%	-$0.28-55.6%	$0.03+142.9%	$0.11-69.4%	-$4.01	-$0.18-138.3%	-$0.07+61.1%	$0.36+205.9%
EPS (Diluted)	-$0.74+81.5%	-$0.28-55.6%	$0.03+142.9%	$0.11-69.4%	-$4.01	-$0.18-138.3%	-$0.07+61.1%	$0.36+205.9%
Diluted Shares (Avg)	4M+0.7%	108M+0.7%	N/A	108M+0.8%	4M-96.0%	108M+1.5%	N/A	108M+2.1%

PRPL Balance Sheet

PRPL quarterly balance sheet

Metric	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K
Total Assets	$296.3M-3.8%	$307.8M-21.2%	$390.6M-9.9%	$433.3M-32.6%	$642.5M+15.8%	$554.7M+275.5%	$147.7M+106.0%	$71.7M+90.4%	$37.7M-75.8%	$155.8M
Current Assets	$136.7M+8.2%	$126.4M-10.9%	$141.8M-12.2%	$161.5M-29.6%	$229.5M+0.2%	$229.1M+100.7%	$114.1M+139.3%	$47.7M+108.2%	$22.9M+8140.3%	$278K
Cash & Equivalents	$24.3M-16.1%	$29.0M+8.0%	$26.9M-35.7%	$41.8M-54.4%	$91.6M-25.5%	$123.0M+267.3%	$33.5M+173.7%	$12.2M+240.4%	$3.6M-10.5%	$4.0M
Short-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
Inventory	$59.7M+5.0%	$56.9M-15.0%	$66.9M-8.6%	$73.2M-25.8%	$98.7M+50.2%	$65.7M+38.0%	$47.6M+107.6%	$22.9M+71.9%	$13.3M	N/A
Accounts Receivable	$41.3M+24.9%	$33.1M-12.6%	$37.8M+9.4%	$34.6M+35.9%	$25.4M-12.6%	$29.1M+1.5%	$28.7M+180.2%	$10.2M+144.9%	$4.2M	N/A
Long-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
Goodwill	N/A	$6.9M	N/A	$4.9M	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$325.9M+13.3%	$287.6M+4.6%	$275.0M+6.5%	$258.2M-47.9%	$495.9M+1.8%	$487.2M+176.4%	$176.3M+139.1%	$73.7M+125.7%	$32.7M-78.3%	$150.8M
Current Liabilities	$101.5M+0.5%	$101.0M-9.0%	$111.0M+13.1%	$98.1M-30.9%	$142.0M+7.4%	$132.2M+52.2%	$86.9M+78.8%	$48.6M	N/A	$1.9M
Non-Current Liabilities	$224.4M+20.2%	$186.6M+13.8%	$164.0M+2.5%	$160.0M-54.8%	$353.9M-0.3%	$355.0M+4042.2%	$8.6M+129.6%	$3.7M+57.6%	$2.4M-98.4%	$148.9M
Long-Term Debt	$126.7M+79.2%	$70.7M+162.7%	$26.9M+13.7%	$23.7M-75.5%	$96.4M+122.1%	$43.4M+22.6%	$35.4M+65.3%	$21.4M+167.6%	$8.0M	N/A
Total Equity	-$29.7M-247.0%	$20.2M-82.5%	$115.4M-33.8%	$174.3M+19.5%	$145.8M+116.9%	$67.2M+356.8%	-$26.2M-3852.0%	-$662K-113.2%	$5.0M0.0%	$5.0M
Retained Earnings	-$625.3M-9.0%	-$573.9M-20.6%	-$476.0M-34.0%	-$355.2M-35.7%	-$261.8M+1.5%	-$265.9M-817.1%	-$29.0M-570.7%	-$4.3M-136.6%	-$1.8M+30.5%	-$2.6M

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Total Assets	$264.5M-12.9%	$272.0M-7.4%	$296.3M-3.8%	$302.1M-2.3%	$303.8M-16.1%	$293.8M-23.1%	$307.8M-21.2%	$309.3M-22.3%
Current Assets	$114.5M-9.1%	$115.6M+1.9%	$136.7M+8.2%	$136.4M+10.7%	$125.9M-4.2%	$113.4M-21.1%	$126.4M-10.9%	$123.2M-13.4%
Cash & Equivalents	$23.3M-32.0%	$25.0M+15.4%	$24.3M-16.1%	$32.4M+38.3%	$34.2M+46.3%	$21.6M-37.3%	$29.0M+8.0%	$23.4M-12.1%
Short-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0
Inventory	$55.4M-9.0%	$58.1M-3.5%	$59.7M+5.0%	$65.8M+9.8%	$60.9M-12.6%	$60.2M-16.5%	$56.9M-15.0%	$59.9M-16.9%
Accounts Receivable	$26.2M+24.4%	$21.1M-13.3%	$41.3M+24.9%	$25.2M-15.0%	$21.1M-34.3%	$24.4M-12.1%	$33.1M-12.6%	$29.7M-9.3%
Long-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A	$6.9M	N/A
Total Liabilities	$328.3M+2.8%	$332.1M+13.6%	$325.9M+13.3%	$329.0M+17.0%	$319.4M+8.0%	$292.4M-7.6%	$287.6M+4.6%	$281.3M+6.2%
Current Liabilities	$219.7M+160.2%	$93.2M+11.5%	$101.5M+0.5%	$97.1M+2.8%	$84.4M-8.2%	$83.6M-12.8%	$101.0M-9.0%	$94.5M-7.4%
Non-Current Liabilities	$108.6M-53.8%	$238.9M+14.4%	$224.4M+20.2%	$231.9M+24.2%	$234.9M+15.4%	$208.8M-5.3%	$186.6M+13.8%	$186.8M+14.6%
Long-Term Debt	N/A	N/A	$126.7M+79.2%	N/A	N/A	N/A	$70.7M+162.7%	$50.8M+126.0%
Total Equity	-$63.8M-307.7%	-$60.1M-4586.8%	-$29.7M-247.0%	-$26.9M-196.3%	-$15.6M-123.6%	$1.3M-98.0%	$20.2M-82.5%	$28.0M-78.9%
Retained Earnings	-$659.1M-8.0%	-$655.8M-10.6%	-$625.3M-9.0%	-$622.1M-10.0%	-$610.3M-16.0%	-$593.0M-12.7%	-$573.9M-20.6%	-$565.4M-23.5%

PRPL Cash Flow Statement

PRPL quarterly cash flow statement

Metric	TTM	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K
Operating Cash Flow	-$3.1M	-$33.8M-89.5%	-$17.9M+67.3%	-$54.7M-90.0%	-$28.8M+6.9%	-$30.9M-138.0%	$81.3M+255.1%	$22.9M+205.6%	-$21.7M-533.1%	$5.0M+716.5%	-$811K
Depreciation & Amortization	N/A	$24.1M-31.9%	$35.4M+40.8%	$25.1M+43.6%	$17.5M+84.6%	$9.5M+19.9%	$7.9M+83.4%	$4.3M+96.3%	$2.2M+196.2%	$741K	N/A
Stock-Based Compensation	N/A	$1.7M-38.6%	$2.8M-42.3%	$4.9M+44.8%	$3.4M0.0%	$3.4M+54.1%	$2.2M-78.3%	$10.1M+1966.3%	$487K	N/A	N/A
Capital Expenditures	$6.4M	$8.1M+11.5%	$7.2M-49.7%	$14.4M-59.3%	$35.4M-34.4%	$53.9M+93.5%	$27.9M+166.5%	$10.5M-7.6%	$11.3M+49.4%	$7.6M	N/A
Free Cash Flow	-$9.5M	-$41.9M-67.0%	-$25.1M+63.7%	-$69.1M-7.6%	-$64.1M+24.4%	-$84.8M-258.9%	$53.4M+329.7%	$12.4M+137.7%	-$33.0M-1178.9%	-$2.6M	N/A
Investing Cash Flow	-$7.5M	-$8.3M-9.9%	-$7.5M+53.1%	-$16.1M+53.4%	-$34.5M+39.5%	-$57.1M-45.8%	-$39.1M-263.1%	-$10.8M+7.5%	-$11.7M-33.5%	-$8.7M	N/A
Financing Cash Flow	-$346K	$37.4M+36.0%	$27.5M-50.7%	$55.8M+316.2%	$13.4M-76.3%	$56.6M+19.6%	$47.4M+417.9%	$9.1M-78.2%	$41.9M+1168.1%	$3.3M	N/A
Dividends Paid	N/A	N/A	N/A	N/A	$100K	N/A	N/A	N/A	N/A	N/A	N/A
Share Buybacks	N/A	N/A	N/A	N/A	N/A	N/A	N/A	$97K	N/A	$34.2M	N/A

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Operating Cash Flow	$647K+116.2%	$3.0M+113.0%	-$5.8M-185.8%	-$968K-186.5%	-$4.0M+55.2%	-$23.1M-37.2%	$6.8M+490.0%	$1.1M+106.3%
Depreciation & Amortization	$3.7M-9.8%	$4.4M-12.3%	$4.4M-44.3%	$8.6M-38.6%	$4.1M-19.6%	$5.0M-20.9%	$7.9M+28.7%	$14.0M+180.0%
Stock-Based Compensation	-$377K-179.0%	$156K-57.6%	N/A	$420K-46.9%	$477K-42.2%	$368K-25.2%	N/A	$791K-15.8%
Capital Expenditures	$1.9M-34.8%	$1.6M-28.1%	$2.0M+84.8%	$854K-16.1%	$3.0M+41.7%	$2.2M-26.2%	$1.1M-80.7%	$1.0M-69.4%
Free Cash Flow	-$1.3M+81.4%	$1.4M+105.4%	-$7.8M-237.4%	-$1.8M-1904.0%	-$7.0M+36.7%	-$25.3M-27.5%	$5.7M+226.8%	$101K+100.5%
Investing Cash Flow	-$2.3M+23.3%	-$2.0M+5.2%	-$2.2M-92.6%	-$922K+18.3%	-$3.0M-39.3%	-$2.1M+30.8%	-$1.1M+80.5%	-$1.1M+74.1%
Financing Cash Flow	$0-100.0%	-$346K-101.9%	$0	$0	$19.6M	$17.8M-35.2%	$0-100.0%	$0-100.0%

Not reported in any period shown, so not listed: Dividends Paid, Share Buybacks.

PRPL Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

PRPL quarterly financial ratios

Metric	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K
Gross Margin	40.2%+3.1pp	37.1%+3.5pp	33.7%-2.6pp	36.3%-4.2pp	40.5%-6.5pp	47.0%+2.9pp	44.1%+4.7pp	39.4%-3.8pp	43.2%	N/A
Operating Margin	-9.2%+9.7pp	-18.9%+3.4pp	-22.3%-14.8pp	-7.5%-4.1pp	-3.4%-14.4pp	11.0%+7.2pp	3.8%+9.7pp	-5.9%-1.5pp	-4.4%	N/A
Net Margin	-11.0%+9.1pp	-20.1%+3.6pp	-23.6%-7.5pp	-16.1%-16.6pp	0.4%+37.0pp	-36.5%-31.3pp	-5.3%-3.8pp	-1.5%+3.0pp	-4.5%	N/A
Return on Equity	N/A	-484.7%-380.1pp	-104.6%-51.6pp	-53.1%-55.2pp	2.1%+354.6pp	-352.5%	N/A	N/A	-176.4%-129.8pp	-46.5%
Return on Assets	-17.3%+14.5pp	-31.8%-0.9pp	-30.9%-9.6pp	-21.3%-21.8pp	0.5%+43.2pp	-42.7%-27.4pp	-15.3%-9.3pp	-6.0%+17.4pp	-23.4%-21.9pp	-1.5%
Current Ratio	1.35+0.1x	1.250.0x	1.28-0.4x	1.650.0x	1.62-0.1x	1.73+0.4x	1.31+0.3x	0.98	N/A	0.15
Debt-to-Equity	N/A	3.50+3.3x	0.23+0.1x	0.14-0.5x	0.660.0x	0.65	N/A	N/A	1.60-28.6x	30.16
Asset Turnover	1.580.0x	1.58+0.3x	1.310.0x	1.32+0.2x	1.130.0x	1.17-1.7x	2.90-1.1x	3.99-1.2x	5.23	N/A
FCF Margin	-8.9%-3.8pp	-5.1%+8.4pp	-13.5%-2.3pp	-11.2%+0.5pp	-11.7%-19.9pp	8.2%+5.3pp	2.9%+14.4pp	-11.5%-10.2pp	-1.3%	N/A

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Gross Margin	45.2%+4.7pp	36.8%-2.6pp	38.5%-4.4pp	42.8%+13.2pp	40.5%-0.2pp	39.4%+4.6pp	42.9%+9.6pp	29.7%-4.1pp
Operating Margin	-4.3%+9.2pp	-17.6%-3.7pp	-1.6%+4.4pp	-10.2%+29.3pp	-13.6%-1.5pp	-13.9%+5.4pp	-6.0%+5.1pp	-39.5%-16.2pp
Net Margin	-3.3%+13.2pp	-31.9%-13.5pp	-2.3%+4.3pp	-9.9%+23.2pp	-16.5%-16.5pp	-18.4%+23.5pp	-6.6%+6.0pp	-33.1%-7.4pp
Return on Equity	N/A	N/A	N/A	N/A	N/A	-1428.1%-1351.5pp	-42.0%-26.1pp	-140.3%-113.1pp
Return on Assets	-1.2%+4.5pp	-11.2%-4.7pp	-1.1%+1.7pp	-3.9%+8.8pp	-5.7%-5.7pp	-6.5%+6.6pp	-2.8%+1.9pp	-12.7%-3.6pp
Current Ratio	0.52-1.0x	1.24-0.1x	1.35+0.1x	1.40+0.1x	1.49+0.1x	1.36-0.1x	1.250.0x	1.30-0.1x
Debt-to-Equity	N/A	N/A	N/A	N/A	N/A	218.24+217.6x	3.50+3.3x	1.82+1.6x
Asset Turnover	0.370.0x	0.350.0x	0.47+0.1x	0.390.0x	0.350.0x	0.350.0x	0.420.0x	0.380.0x
FCF Margin	-1.3%+5.3pp	1.4%+25.7pp	-5.5%-10.0pp	-1.5%-1.6pp	-6.6%+2.5pp	-24.3%-7.8pp	4.4%+7.5pp	0.1%+15.2pp

Note: Shareholder equity is negative (-$29.7M), which causes debt-to-equity and return on equity ratios to appear negative or not meaningful. This can occur from accumulated losses or large share buyback programs.

Similar Companies

Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.

Company	Fiscal year	Revenue	Net income	Net margin	Market cap	Health score
Purple Innovation, Inc. PRPL	FY2025	$468.7M	-$51.4M	-11.0%	$8.6M	22/100
iRobot Corporation IRBT	FY2024	$681.8M	-$145.5M	-21.3%	$14.8M	16/100
Nova Lifestyle, Inc. NVFY	FY2025	$16.7M	-$3.4M	-20.4%	$202.1M	25/100
Hooker Furnishings Corporation HOFT	FY2026	$278.1M	-$27.0M	-9.7%	$134.3M	43/100
Kewaunee Scientific Corp KEQU	FY2026	$282.0M	$9.6M	3.4%	$93.8M	64/100
Virco Mfg. Corporation VIRC	FY2026	$199.7M	$2.6M	1.3%	$102.5M	55/100

Where Purple Innovation, Inc. Ranks

Frequently Asked Questions

What is Purple Innovation, Inc.'s annual revenue?

Purple Innovation, Inc. (PRPL) reported $468.7M in total revenue for fiscal year 2025. This represents a -3.9% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Purple Innovation, Inc.'s revenue growing?

Purple Innovation, Inc. (PRPL) revenue declined by 3.9% year-over-year, from $487.9M to $468.7M in fiscal year 2025.

Is Purple Innovation, Inc. profitable?

No, Purple Innovation, Inc. (PRPL) reported a net income of -$51.4M in fiscal year 2025, with a net profit margin of -11.0%.

What is Purple Innovation, Inc.'s EBITDA?

Purple Innovation, Inc. (PRPL) had EBITDA of -$19.0M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

How much debt does Purple Innovation, Inc. have?

As of fiscal year 2025, Purple Innovation, Inc. (PRPL) had $24.3M in cash and equivalents against $126.7M in long-term debt.

What is Purple Innovation, Inc.'s gross margin?

Purple Innovation, Inc. (PRPL) had a gross margin of 40.2% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.

What is Purple Innovation, Inc.'s operating margin?

Purple Innovation, Inc. (PRPL) had an operating margin of -9.2% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

What is Purple Innovation, Inc.'s net profit margin?

Purple Innovation, Inc. (PRPL) had a net profit margin of -11.0% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

What is Purple Innovation, Inc.'s free cash flow?

Purple Innovation, Inc. (PRPL) recorded an outflow of $41.9M in free cash flow during fiscal year 2025. This represents a -67.0% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is Purple Innovation, Inc.'s operating cash flow?

Purple Innovation, Inc. (PRPL) recorded an outflow of $33.8M in operating cash flow during fiscal year 2025, representing cash used by core business activities.

What are Purple Innovation, Inc.'s total assets?

Purple Innovation, Inc. (PRPL) had $296.3M in total assets as of fiscal year 2025, including both current and long-term assets.

What are Purple Innovation, Inc.'s capital expenditures?

Purple Innovation, Inc. (PRPL) invested $8.1M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

How much does Purple Innovation, Inc. spend on research and development?

Purple Innovation, Inc. (PRPL) invested $9.6M in research and development during fiscal year 2025.

What is Purple Innovation, Inc.'s current ratio?

Purple Innovation, Inc. (PRPL) had a current ratio of 1.35 as of fiscal year 2025, which is considered adequate.

What is Purple Innovation, Inc.'s return on assets (ROA)?

Purple Innovation, Inc. (PRPL) had a return on assets of -17.3% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is Purple Innovation, Inc.'s P/E ratio?

Purple Innovation, Inc. (PRPL) has no price-to-earnings ratio at the moment: net loss, so no earnings multiple (trailing 12 months to June 30, 2026). The market capitalization is $8.6M as of Oct 14, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is Purple Innovation, Inc.'s price-to-sales ratio?

Purple Innovation, Inc. (PRPL) trades at 0.0x sales, its market capitalization divided by revenue of $453.5M revenue, trailing 12 months to June 30, 2026. The market capitalization is $8.6M as of Oct 14, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

How does Purple Innovation, Inc.'s liquidity compare with its operating cash outflow?

At the end of fiscal year 2025, Purple Innovation, Inc. (PRPL) held $24.3M in cash, cash equivalents and investments, and reported an operating cash outflow of $33.8M over that year. Dividing the one by the other, the reported balance equals about 9 months of the outflow reported that year. This is arithmetic over figures already filed, not a projection: it assumes nothing about future spending, financing or operations.

Why is Purple Innovation, Inc.'s debt-to-equity ratio negative or not reported?

Purple Innovation, Inc. (PRPL) has negative shareholder equity of -$29.7M as of fiscal year 2025, so no debt-to-equity ratio is reported: dividing debt by equity that is not positive produces a number that cannot be read as leverage. This can occur when accumulated losses exceed invested capital, or after large share buyback programs. Other solvency metrics like the current ratio or interest coverage may be more informative.

What is Purple Innovation, Inc.'s Altman Z-Score?

Purple Innovation, Inc. (PRPL) has an Altman Z-Score of -1.69, placing it in the Distress Zone (elevated bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.

What is Purple Innovation, Inc.'s Piotroski F-Score?

Purple Innovation, Inc. (PRPL) has a Piotroski F-Score of 4 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Purple Innovation, Inc.'s earnings high quality?

Purple Innovation, Inc. (PRPL) reported a net loss of $51.4M while operations used $33.8M of cash. With neither figure positive, the ratio between the two carries no quality signal. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Can Purple Innovation, Inc. cover its interest payments?

Purple Innovation, Inc. (PRPL) reported an operating loss of $43.0M against $28.8M in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.

How financially healthy is Purple Innovation, Inc.?

Purple Innovation, Inc. (PRPL) scores 22 out of 100 on our Financial Health Score, indicating weak standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.