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Companies / Consumer Discretionary / Purple Innovation, Inc.
PRPL

Purple Innovation, Inc.

Consumer DiscretionaryFurniture & Building
Ticker PRPLLEHI, UTFiscal year ends DecemberBook value per share $-14.96Diluted shares 4.4M

Purple Innovation, Inc. (Nasdaq: PRPL) designs, manufactures and sells mattresses, pillows, cushions, bases, sheets and other comfort products, many using its proprietary Hyper-Elastic Polymer GelFlex Grid technology. Its customers include individual consumers purchasing through its e-commerce site, contact center,… From the company’s description.

Over the twelve months to Sep 30, 2026, Purple Innovation, Inc. reported revenue of $431.19M, down 5.6% from a year earlier, and a net loss of $38.47M. Its operating margin was −7.7%, and operations generated $4.84M in cash. In fiscal 2025, it reported revenue of $468.73M, down 3.9% from fiscal 2024, and a net loss of $51.51M.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-09-30
Sales & profitability
$468.73MFY2025
−3.9% year over year
Last 12 mo $431.19M
-9.18%FY2025
+9.7 percentage points
Last 12 mo -7.66%
$-51.51MFY2025
+47.5% year over year
Last 12 mo $-38.47M
134.98%FY2025
+520.7 percentage points
Last 12 mo 57.23%
Cash & financing
$-33.83MFY2025
−89.5% year over year
Last 12 mo $4.84M
$-41.91MFY2025
−67.0% year over year
Last 12 mo $-2.38M
-3.75FY2025
Was 2.74× a year earlier
Last 12 mo -2.07
108.2MFY2025
+0.9% year over year
Last 12 mo 4.4M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What Purple Innovation, Inc. does

In the company’s own words

Purple Innovation, Inc. (Nasdaq: PRPL) designs, manufactures and sells mattresses, pillows, cushions, bases, sheets and other comfort products, many using its proprietary Hyper-Elastic Polymer GelFlex Grid technology. Its customers include individual consumers purchasing through its e-commerce site, contact center, online marketplaces and Purple showrooms, as well as retail and online wholesale partners. The company operates through direct-to-consumer and wholesale channels, which represented 55.8% and 44.2% of 2025 net revenue, respectively; it does not report separate business segments. Its mattress collections include Essentials, Restore and Rejuvenate, alongside branded pillows, bedding, adjustable bases and seat cushions. Purple designs and develops products in-house and manufactures its cushioning material at its Georgia facility, while also using contract manufacturers and third-party logistics providers. Following its 2022 acquisition of Intellibed, Purple gained sole rights to use its Hyper-Elastic Polymer technologies in beds and expanded into luxury mattresses. At year-end 2025, it operated 55 showrooms in the United States; it had approximately 1,100 employees as of March 2026. Its website is www.purple.com.

Company details
Sector
Consumer Discretionary
Industry (SIC)
Furniture & Building
Headquarters
LEHI, UT
Fiscal year end
December
CIK
1643953
SIC
2510

Financial performance, year by year

Fiscal 2016–2025 · USD
$-325.38M$-38.58M$248.22M$535.03M$821.83M2016201720182019202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns Purple Innovation, Inc. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

13
funds hold it
0 of 35
superinvestors hold it
$3.09M
held by funds, at market

Largest fund holders · Purple Innovation, Inc.’s weight in each

Wasatch Micro Cap Fund
WMICX · WASATCH FUNDS TRUST
—of fund net assets
VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.00%of fund net assets
VANGUARD EXTENDED MARKET INDEX FUND
VXF · VANGUARD INDEX FUNDS
0.00%of fund net assets
Fidelity Extended Market Index Fund
FSMAX · Fidelity Concord Street Trust
—of fund net assets
Schwab U.S. Small-Cap ETF
SCHA · SCHWAB STRATEGIC TRUST
—of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Could not be determined for this company: bond issues.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

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