PRPL
Purple Innovation, Inc.0.7844
-0.0059-0.75%
Dec 16, 4:00:00 PM EST
Earnings Call Transcripts
This Quarter (Q1 '26)
No earnings call transcript available yet
Last Quarter (Q4 '25)
No earnings call transcript available
Key Stats
Market Cap
84.91MP/E (TTM)
-Basic EPS (TTM)
-0.52Dividend Yield
0%Recent Filings
8-K
Nasdaq bid price noncompliance notice
Purple Innovation received Nasdaq notice on November 5, 2025, for failing to maintain a $1.00 minimum bid price over 30 business days, violating Listing Rule 5450(a)(1). Trading continues uninterrupted, with 180 days until May 4, 2026, to hit $1.00 for 10 straight days. No immediate delisting. Failure risks transfer to Nasdaq Capital Market or removal.
10-Q
Q3 FY2025 results
Purple held Q3 revenue flat at $118.8M y/y while gross profit soared 44.5% to $50.9M (42.8% margin) on restructuring completion and supply chain gains, versus 29.7% last year. Operating loss shrank to $12.1M from $46.8M as marketing and G&A fell, though Q3 impairment write-offs hit $5.3M. Diluted EPS improved to -$0.11 from -$0.36, matching 108.4M shares. Cash climbed to $32.4M on $39M related-party debt (due 2026, PIK interest); opex cash burn $28M YTD. Wholesale up 7.9% on Mattress Firm slots. Debt covenants bind flexibility.
8-K
Q3 revenue flat, margins surge
Purple Innovation posted Q3 net revenue of $118.8 million, flat year-over-year, but gross profit soared to $50.9 million at 42.8% margin from 29.7%, thanks to Rejuvenate 2.0 shipments and Mattress Firm expansion. Net loss narrowed to $11.7 million from $39.2 million; adjusted EBITDA flipped positive at $0.2 million. Restructuring complete. Full-year outlook holds: $465-485 million revenue, breakeven to $10 million adjusted EBITDA.
8-K
Regains Nasdaq bid price compliance
Purple Innovation regained Nasdaq compliance on September 8, 2025, after its stock bid price met the $1.00 minimum for ten straight business days from August 22 to September 5. This lifts the prior April 4 deficiency notice under Listing Rule 5450(a)(1). Compliance secured. The move stabilizes listing status amid ongoing market pressures.
8-K
Purple amends exec agreements
Purple Innovation amended CEO Robert DeMartini's employment agreement and RSU grants for senior leaders like CFO Todd Vogensen on August 7, 2025, tightening the 'change in control' definition to exclude acquisitions by Coliseum Capital while accelerating full vesting on termination without cause or in a control event. This sharpens executive incentives amid ownership shifts. No financial impacts disclosed. Executives gain stronger protections.
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