Purple Innovation, Inc. Income Statement
PRPL|8 years of annual SEC 10-K data (FY2018-FY2025)
Line items include revenue, cost of goods sold, gross profit, operating expenses, interest, taxes, and net income with per-share data across 8 fiscal years. All figures from audited SEC 10-K filings.
At a glance
Revenue
$511M
FY2025
Gross Profit
$172M
33.7% gross margin
Operating Income
-$114M
FY2025
Net Income
-$121M
FY2025
Purple Innovation, Inc. reported $511M in revenue and $121M in net loss for FY2025. Revenue has grown at a 14.6% compound annual rate over the past 7 years.
Based on SEC 10-K filings.
Key Data Points
- Altman Z-Score NaN (distress zone, below 1.23 threshold)
- Piotroski F-Score: 2/9 criteria passed
- Negative shareholders equity: Liabilities exceed assets
- Currently unprofitable: Net income is negative
- Cash-backed earnings: Operating cash flow exceeds net income
Data sourced from SEC EDGAR filings. Not investment advice.
| Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $510.5M | $573.2M | $725.0M | $648.5M | $428.4M | $428.4M | $285.8M | $196.9M |
| Cost of Revenue | $338.7M | $365.1M | $431.3M | $343.4M | $239.4M | $239.4M | $173.2M | $111.8M |
| Gross Profit | $171.8M | $208.1M | $293.7M | $305.1M | $189.0M | $189.0M | $112.6M | $85.0M |
| SG&A Expense | $84.4M | $76.7M | $72.1M | $39.9M | $26.9M | $26.9M | $23.6M | $13.2M |
| R&D Expense | $11.9M | $8.8M | $6.9M | $6.0M | $3.9M | $3.9M | $2.1M | $1.4M |
| Operating Income | -$113.7M | -$42.8M | -$24.6M | $71.2M | $16.2M | $16.2M | -$16.9M | -$8.7M |
| Interest Expense | - | - | $1.9M | $4.7M | $5.2M | $5.2M | $3.7M | $81.0K |
| Income Tax | $8.0K | $213.2M | -$1.5M | -$43.7M | $400.0K | $400.0K | $400.0K | - |
| Net Income | -$120.8M | -$92.5M | $3.1M | -$236.9M | -$22.6M | -$4.0M | -$4.3M | -$8.8M |
| EPS (Basic) | $1.17 | -$1.13 | $0.05 | -$6.04 | -$2.26 | -$0.40 | -$0.51 | -$1.05 |
| EPS (Diluted) | $1.17 | -$1.13 | -$0.31 | -$6.04 | -$2.26 | -$0.40 | -$0.51 | -$1.05 |
| Shares Outstanding | 103.9M | 81.8M | 67.3M | 39.2M | 10.0M | 10.0M | 8.4M | 8.4K |
| Gross Margin | 33.7% | 36.3% | 40.5% | 47.0% | 44.1% | 44.1% | 39.4% | 43.2% |
| Operating Margin | -22.3% | -7.5% | -3.4% | 11.0% | 3.8% | 3.8% | -5.9% | -4.4% |
| Profit Margin | -23.6% | -16.1% | 0.4% | -36.5% | -5.3% | -0.9% | -1.5% | -4.5% |