Purple Innovation Reports Third-Quarter Revenue of $96.5 Million
Story updates
09:06:22 PM UTC
SquawkNews
Positive Operating Cash Flow for the Third Consecutive QuarterPreparing for Major Mattress Portfolio Refresh to Strengthen Performance in 2027LEHI, Utah, Nov. 4, 2026 // -- Purple Innovation, Inc. (NASDAQ:PRPL) ("Purple"), a comfort innovation company whose mattresses promise to give you…
09:06:56 PM UTC
SquawkNews
Q3 2026 revenue fell 18.7% year over year to $96.5M; GAAP net loss narrowed to $1.4M from $11.7M. Purple maintained 2026 revenue guidance of $420M—$440M and expects adjusted EBITDA of $15M—$20M.Material DetailsContext by AI AnalystThis is a mid-cycle operating update, with revenue weakness and posi…
09:14:29 PM UTC
SquawkNews
Purple Innovation reported third-quarter 2026 revenue of $96.5M, down 18.7% from $118.8M a year earlier. The company recorded a net loss of $1.4M, compared with a net loss of $11.7M in the prior-year quarter, while diluted EPS was ($0.33), versus ($2.71).Financial HighlightsBusiness HighlightsOrigi…