Purple Innovation, Inc.

For the period ended Mar 31, 2026. Filed Apr 28, 2026.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Mar 31, 2026 · Filed Apr 28, 2026

PRPL$1.80-0.6%Stored close · as of Nov 10, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

See the whole filing, with its images and exhibits

Contents

Condensed Consolidated Statements of Operations

(unaudited – in thousands, except per share amounts)

	Three Months Ended March 31,
	2026	2025
Revenues, net	$95,730	$104,171
Cost of revenues:
Cost of revenues	60,535	62,207
Cost of revenues - restructuring related charges	—	918
Total cost of revenues	60,535	63,125
Gross profit	35,195	41,046
Operating expenses:
Marketing and sales	31,557	36,626
General and administrative	18,033	14,487
Research and development	2,448	2,452
Restructuring, impairment and other related charges	—	1,960
Total operating expenses	52,038	55,525
Operating loss	(16,843)	(14,479)
Other income (expense):
Interest expense	(8,219)	(4,764)
Other income, net	1,491	69
Change in fair value – warrant liabilities	(6,958)	49
Total other expense, net	(13,686)	(4,646)
Net loss before income taxes	(30,529)	(19,125)
Income tax expense	(47)	(41)
Net loss	(30,576)	(19,166)
Net loss attributable to noncontrolling interest	(35)	(29)
Net loss attributable to Purple Innovation, Inc.	$(30,541)	$(19,137)
Net loss per share:
Basic	$(0.28)	$(0.18)
Diluted	$(0.28)	$(0.18)
Weighted average common shares outstanding:
Basic	108,386	107,596
Diluted	108,386	107,596

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.