Purple Innovation, Inc. (PRPL) — Financial statements
Income statement, balance sheet, and cash flow for Purple Innovation, Inc. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 469↓3.9% | 488↓4.4% | 511↓10.9% | 573↓21.1% | 726 | |
| Cost of Revenue | 280↓8.7% | 307↓9.4% | 339↓7.2% | 365↓15.3% | 431 | |
| Gross Profit | 189↑4.1% | 181↑5.4% | 172↓17.4% | 208↓29.5% | 295 | |
| Operating Expenses | ||||||
| R&D Expenses | 10↓25.9% | 13↑8.9% | 12↑35.9% | 9↑26.2% | 7 | |
| General & Administrative Expenses | 64↓8.0% | 69↓18.2% | 84↑10.1% | 77↑6.4% | 72 | |
| Selling & Marketing Expenses | 147↓14.1% | 171↓6.1% | 182↑10.2% | 165↓30.9% | 239 | |
| SG&A Expenses | 211↓12.4% | 240↓9.9% | 267↑10.2% | 242↓22.3% | 311 | |
| Other Expenses | 0.00↓100.0% | 20↑190.3% | 7 | 0.00 | 0.00 | |
| Operating Expenses | 220↓19.4% | 273↓4.3% | 286↑13.8% | 251↓21.2% | 318 | |
| Total Costs & Expenses | 500↓13.7% | 580↓7.1% | 624↑1.3% | 616↓17.8% | 750 | |
| Operating Results | ||||||
| Operating Income | -32↑65.7% | -92↑18.9% | -114↓166.0% | -43↓83.1% | -23 | |
| Depreciation & Amortization | 24↓31.9% | 35↑40.8% | 25↑43.6% | 17↑21.3% | 14 | |
| EBITDA | 2↑103.4% | -45↑52.0% | -94↓166.5% | 141↑647.1% | 19 | |
| EBIT | -23↑72.0% | -81↑32.5% | -119↓196.2% | 124↑2639.3% | 5 | |
| Interest & Other Income | ||||||
| Net Interest Income | -29↓64.3% | -18↓790.2% | -2↑44.4% | -4↓88.9% | -2 | |
| Interest Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Interest Expense | 29↑64.3% | 18↑790.2% | 2↓44.4% | 4↑88.9% | 2 | |
| Non-Operating Income | -9↑21.9% | -12↓310.9% | 6↑103.3% | -167↓498.1% | -28 | |
| Other Income / Expenses | -20↓236.0% | -6↑21.9% | -7↓104.6% | 163↑527.6% | 26 | |
| Income Before Tax | -51↑47.7% | -98↑19.1% | -121↓200.6% | 120↑4438.3% | 3 | |
| Income Tax Expense | 0.21↑228.6% | 0.06↑687.5% | 0.01↓100.0% | 213↑17615.9% | -1 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | -52↑47.5% | -98↑19.1% | -121↓30.7% | -93↓2495.3% | 4 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | -51↑47.5% | -98↑18.9% | -121↓30.6% | -92↓2394.0% | 4 | |
| Bottom-Line Net Income | -51↑47.6% | -98↑19.1% | -121↓31.1% | -92↓358.2% | -20 | |
| EPS (Basic) | -0.48↑47.3% | -0.91↑22.2% | -1.17↓3.5% | -1.13↓1983.3% | 0.06 | |
| EPS (Diluted) | -0.48↑47.3% | -0.91↑22.2% | -1.17↓3.5% | -1.13↓276.7% | -0.30 | |
| Weighted Average Shares | 108↑0.9% | 107↑3.4% | 104↑26.7% | 82↑24.0% | 66 | |
| Weighted Average Diluted Shares | 108↑0.9% | 107↑3.3% | 104↑27.1% | 82↑21.5% | 67 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.