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Research & education only — not financial advice.TENK is not a registered investment adviser; calls are impersonal, generated from SEC filings and a delayed/third-party price feed, and may be wrong or out of date. The operator and an affiliated trading operation may hold or trade the securities TENK rates — see Disclosures. Do your own research.

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Home›PRPL›Financials
Annual statements · SEC XBRL · FY2016 – FY2025

Purple Innovation, Inc. (PRPL) financials

Income statement

Purple Innovation, Inc. (PRPL) income statement, annual, from SEC filings
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue—$197M$286M$428M$648M$725M$573M$511M$488M$469M
Revenue growth——45.2%49.9%51.4%11.8%-20.9%-10.9%-4.4%-3.9%
Gross profit—$85.0M$113M$189M$305M$294M$208M$172M$181M$189M
Gross margin—43.2%39.4%44.1%47.0%40.5%36.3%33.7%37.1%40.2%
Operating income-$2.66M-$8.75M-$16.9M$16.2M$71.2M-$24.6M-$42.8M-$114M-$92.2M-$43.0M
Operating margin—-4.4%-5.9%3.8%11.0%-3.4%-7.5%-22.3%-18.9%-9.2%
Net income-$2.33M-$8.82M-$4.32M-$22.6M-$237M$3.11M-$92.5M-$121M-$97.9M-$51.4M
Net margin—-4.5%-1.5%-5.3%-36.5%0.4%-16.1%-23.7%-20.1%-11.0%
EPS (diluted)-$0.49-$1.05-$0.51-$2.26-$6.04-$0.31-$1.13$1.17$0.91$0.48

Cash flow

Purple Innovation, Inc. (PRPL) cash flow, annual, from SEC filings
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow-$811K$5.00M-$21.7M$22.9M$81.3M-$30.9M-$28.8M-$54.7M-$17.9M-$33.8M
Capital expenditures—$7.58M$11.3M$10.5M$27.9M$53.9M$35.4M$14.4M$7.24M$8.08M
Free cash flow—-$2.58M-$33.0M$12.4M$53.4M-$84.8M-$64.1M-$69.1M-$25.1M-$41.9M
Share buybacks—$34.2M—$97.0K——————
Dividends paid——————$100K———

Balance sheet

Purple Innovation, Inc. (PRPL) balance sheet, annual, from SEC filings
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash & equivalents$4.01M$3.59M$12.2M$33.5M$123M$91.6M$41.8M$26.9M$29.0M$24.3M
Total assets$156M$37.7M$71.7M$148M$555M$642M$433M$391M$308M$296M
Total liabilities$6.53M$51.6M$73.7M$152M$487M$496M$258M$275M$288M$326M
Long-term debt—$8.00M$26.6M$35.4M$41.4M$94.1M$24.7M$30.0M$70.7M$127M
Shareholders' equity$5.00M$5.00M-$662K-$2.35M$67.2M$146M$174M$115M$20.2M-$29.7M
Retained earnings-$2.63M-$1.83M-$4.32M-$8.35M-$266M-$262M-$355M-$476M-$574M-$625M
Shares (wtd avg diluted)4.79M17.7M—10.0M39.2M67.3M81.8M104M107M108M

Every figure is extracted from Purple Innovation, Inc.’s annual reports as filed with the SEC (XBRL company facts) — no third-party estimates. Fiscal years are labeled by period end; filers occasionally re-tag concepts, so a sparse cell means the company didn’t report that concept for that year. Free cash flow = operating cash flow − capital expenditures.

Common questions

What is Purple Innovation, Inc.'s annual revenue?
Purple Innovation, Inc. (PRPL) reported $469M of revenue for fiscal year 2025 — down 3.9% from $488M in FY2024, per its annual report filed with the SEC.
Is Purple Innovation, Inc. profitable?
Not in FY2025 — PRPL reported a net loss of $51.4M, per SEC filings.
What is Purple Innovation, Inc.'s free cash flow?
-$41.9M in FY2025 (operating cash flow -$33.8M minus $8.08M of capital expenditures), from the SEC cash-flow statement.
Does PRPL pay a dividend?
Purple Innovation, Inc. reported no cash dividends paid in FY2025, per its SEC cash-flow statement.
Full PRPL analysis — verdict, score & filings →Is PRPL a buy? →

Research and education only — not financial advice. TENKis not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities TENK rates; see Disclosures. Past performance does not guarantee future results. Do your own research.