Company / Gross Margin
Purple Innovation, Inc. Gross Margin History
FY2018-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Gross Margin
33.7%
FY2025
5-year range
33.7% / 47.0%
FY2021-FY2025
Trend
-7.3%
vs FY2024
Sector context
Sector data unavailable
Latest sector comparison
What the data says
Gross Margin has declined for 3 consecutive years, from 47.0% in FY2022 to 33.7% in FY2025.
Based on SEC 10-K filings.
33.7% in FY2025 with a 5-year CAGR of -10.5%.
Declined from 40.5% to 33.7% over the past 2 years.
Gross Margin over time
Growth rates
- 3-Year Change
- -13.4pp
- 5-Year Change
- -10.5pp
- 10-Year Change
- -
Key checks
Key Insights
- Purple Innovation, Inc.'s gross margin has declined for 3 consecutive years.
- In FY2025, gross margin decreased 7.3% year-over-year.
- Peak gross margin was recorded in FY2022.
Company context
Key Data Points
- Low Piotroski F-Score: 2/9 (multiple financial health concerns)
- Altman Z-Score 0.57 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Gross MarginValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | 33.7% | -7.3% |
| FY2024 | 36.3% | -10.4% |
| FY2023 | 40.5% | -13.9% |
| FY2022 | 47.0% | +6.6% |
| FY2021 | 44.1% | +0.0% |
| FY2020 | 44.1% | +12.0% |
| FY2019 | 39.4% | -8.8% |
| FY2018 | 43.2% | - |
As of FY2025 · SEC 10-K · Updated Jun 28, 2026