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Purple Innovation, Inc.

corporate_fare Company Profile

Purple Innovation, Inc.

PRPL·NASDAQ·Manufacturing·CIK 0001643953

Purple Innovation, Inc. is a comfort product company that offers a variety of innovative, branded, and premium comfort products. These include mattresses, pillows, cushions, bases, and sheets. The company's products are based on proprietary and patented comfort technologies, including its Hyper-Elastic Polymer gel technology, which is engineered to relieve pressure, maintain an ideal body temperature, and provide instantly adaptive support. This technology has been tested for over 30 years in medical and consumer applications, originally for hospital beds and wheelchairs, before being adapted for Purple's consumer products. Purple sells its products through two main channels: direct-to-consumer (DTC) and wholesale. The DTC channel includes Purple.com (e-commerce), Purple showrooms, its customer contact center, and online marketplaces. The wholesale channel operates through retail brick-and-mortar and online wholesale partners. The company integrates research and development, marketing, and manufacturing operations. Purple designs and produces its own manufacturing equipment, including proprietary and patented molding machinery, to handle large-format injection molding of its Hyper-Elastic Polymer cushioning material. These customized machines are unique to Purple.

Purple Innovation, Inc. (NASDAQ:PRPL) is a publicly traded company in the Manufacturing sector. Wiseek monitors PRPL SEC EDGAR filings and licensed market news in real time, scoring each submission for market-moving significance on a 1–10 scale. Items rated 7 or higher generate instant alerts.

Recent high-impact activity:

  • Purple Innovation Gets Nasdaq Lifeline: Must Hold $1 Bid by July 31 After 1-for-25 Reverse Split
  • Purple Innovation finalizes a 1-for-25 reverse stock split, effective July 19, to regain Nasdaq compliance
  • Purple Innovation CEO awarded $1M bonus despite delisting notice and 'going concern' warning
  • Shareholders Approve Reverse Stock Split; CEO Awarded $1M Bonus Amid Delisting Threat
  • Purple Innovation COO Resigns Amidst Ongoing Financial Distress and Delisting Threat

Financial Snapshot

Fiscal year ended December 31, 2025
Revenue
$468.73M
Net Income
-$51.41M
Diluted EPS
$0.48
Op. Cash Flow
-$33.83M
Free Cash Flow
-$41.91M
Gross Profit
$188.56M
Operating Income
-$43.03M
Cash & Equivalents
$24.34M
Total Debt
$126.68M
Debt / Equity
-4.27×
Net Margin
-11.0%
Shares Outstanding
108.08M sh
Source: 10-K · filed 2026-03-31 · accession 0001213900-26-036974

Dilution Risk

Low risk

Filing-implied dilution signals for PRPL, detected from its recent SEC filings · based on capital-structure filings through 2026-03-31.

Going Concern Warning Issued · NASDAQ Delisting Notice Received

⚠ A more recent filing has been published for this ticker since this signal was computed; it may not yet be reflected — see the filings below.

A filing-implied signal, not a realized share count. How Wiseek tracks dilution →

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$7.63
52-week range · as of 2026-07-22 $6.12 – $31.5
Market cap
$34.46M
Volume
9.8K (0.7× avg)
3-mo avg 13.7K
Live data · 2026-07-27 08:12 UTC · Pre-market

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feed PRPL - Latest Insights

PRPL
Jul 22, 2026, 11:11 AM EDT
Filing Type: 8-K
Importance Score:
8
Price at Filing: $6.63
Real-time Price: $7.63 info
Change: +$1.00 (+15%) info
Market Cap: $34.458M info
PRPL
Jul 16, 2026, 8:43 AM EDT
Filing Type: 8-K
Importance Score:
8
Price at Filing: $0.3387
Real-time Price: $7.63 info
Change: Reverse Stock Split info
Market Cap: $34.458M info
PRPL
Jul 07, 2026, 6:03 AM EDT
Source: Wiseek News
Importance Score:
9
Price at Filing: $0.3715
Real-time Price: $7.63 info
Change: Reverse Stock Split info
Market Cap: $34.458M info
PRPL
Jul 06, 2026, 6:16 PM EDT
Filing Type: 8-K
Importance Score:
9
Price at Filing: $0.3715
Real-time Price: $7.63 info
Change: Reverse Stock Split info
Market Cap: $34.458M info
PRPL
Jun 05, 2026, 4:14 PM EDT
Filing Type: 8-K
Importance Score:
8
Price at Filing: $0.3937
Real-time Price: $7.63 info
Change: Reverse Stock Split info
Market Cap: $34.458M info
PRPL
May 29, 2026, 5:00 PM EDT
Filing Type: PRE 14A
Importance Score:
9
Price at Filing: $0.4093
Real-time Price: $7.63 info
Change: Reverse Stock Split info
Market Cap: $34.458M info
PRPL
May 11, 2026, 4:15 PM EDT
Filing Type: 8-K
Importance Score:
9
Price at Filing: $0.4801
Real-time Price: $7.63 info
Change: Reverse Stock Split info
Market Cap: $34.458M info
PRPL
Apr 28, 2026, 4:52 PM EDT
Filing Type: 10-Q
Importance Score:
9
Price at Filing: $0.5499
Real-time Price: $7.63 info
Change: Reverse Stock Split info
Market Cap: $34.458M info
PRPL
Apr 28, 2026, 8:05 AM EDT
Filing Type: 8-K
Importance Score:
8
Price at Filing: $0.6445
Real-time Price: $7.63 info
Change: Reverse Stock Split info
Market Cap: $34.458M info
PRPL
Apr 28, 2026, 8:03 AM EDT
Source: Dow Jones Newswires
Importance Score:
9
Price at Filing: $0.5845
Real-time Price: $7.63 info
Change: Reverse Stock Split info
Market Cap: $34.458M info
PRPL
Apr 22, 2026, 6:06 AM EDT
Filing Type: DEF 14A
Importance Score:
8
Price at Filing: $0.6448
Real-time Price: $7.63 info
Change: Reverse Stock Split info
Market Cap: $34.458M info
PRPL
Mar 31, 2026, 9:31 AM EDT
Filing Type: 10-K
Importance Score:
9
Price at Filing: $0.660599
Real-time Price: $7.63 info
Change: Reverse Stock Split info
Market Cap: $34.458M info
PRPL
Mar 31, 2026, 8:05 AM EDT
Filing Type: 8-K
Importance Score:
9
Price at Filing: $0.6601
Real-time Price: $7.63 info
Change: Reverse Stock Split info
Market Cap: $34.458M info
PRPL
Mar 31, 2026, 8:04 AM EDT
Source: Dow Jones Newswires
Importance Score:
8
Price at Filing: $0.705
Real-time Price: $7.63 info
Change: Reverse Stock Split info
Market Cap: $34.458M info