Purple Innovation, Inc.
PRPLNasdaqConsumer Discretionary · Household Furniture · DE · SEC filings ↗ · Compare ⊕
View price & chart on Yahoo Finance ↗Financials
SEC XBRL · annual| FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | |
|---|---|---|---|---|---|---|
| Revenue | $468.7M | $487.9M | $510.5M | $573.2M | $725.0M | $648.5M |
| Operating income | −$43.0M | −$92.2M | −$113.7M | −$42.8M | −$24.6M | $71.2M |
| Net income | −$51.4M | −$97.9M | −$120.8M | −$92.5M | $3.1M | −$236.9M |
| Total assets | $296.3M | $307.8M | $390.6M | $433.3M | $642.5M | $554.7M |
| Total liabilities | $325.9M | $287.6M | $275.0M | $258.2M | $495.9M | $487.2M |
| Equity | −$29.7M | $20.2M | $115.4M | $174.3M | $145.8M | $67.2M |
| EPS (diluted) | $0.48 | $0.91 | $1.17 | $-1.13 | $-0.31 | $-6.04 |
| Shares out. | 108.2M | 107.3M | 103.9M | 81.8M | 67.3M | 39.2M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2025- Operating margin
- −9.2%
- Net margin
- −11.0%
- Return on equity
- 173.2%
- Return on assets
- −17.4%
- Return on capital (ROCE)
- −22.1%
- Liabilities / assets
- 110.0%
- Debt / equity
- —
- Book value / share
- $-0.27
- Revenue growth (YoY)
- −3.9%
- Net income growth (YoY)
- —
Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.
Financial health
forensic scores · FY2025- Altman Z″ (distress)
- -7.17distress
- Accruals / assets
- −5.9%clean
- Beneish M-Score
- -2.60normal
- Piotroski F-Score
- 4/9mixed
Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.
Quality score
EDS ScoreOur own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast.
Signs
● 3 severe● 5 warning● 2 good- Negative shareholder equity
- Altman Z″ in the distress zone
- Filed a late-filing notice (Form NT) — missed an SEC deadline
- Operating losses (negative operating margin)
- Reported a net loss
- Revenue declined year-over-year
- High leverage (liabilities > 70% of assets)
- Negative operating cash flow
- Strong return on equity (>15%)
- Clean earnings (low accruals)
Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.
Risk flags
late SEC filings- NT 10-Qmissed a reporting deadline ↗Nov 9, 2023
- NT 10-Kmissed a reporting deadline ↗Mar 16, 2023
- NT 10-Qmissed a reporting deadline ↗May 10, 2021
- NT 10-Qmissed a reporting deadline ↗Nov 9, 2018
- NT 10-Qmissed a reporting deadline ↗May 10, 2018
A Form NT means the company notified the SEC it would file a periodic report late — often an accounting, audit or liquidity warning sign. Also search SEC enforcement actions for this company.
5%+ owners
SEC Schedule 13D / 13G · last 3 yrs- Somnigroup International Inc.Passive (13G)Aug 14, 2025
- Coliseum Capital Management, LlcActivist (13D)May 6, 2025
Holders who disclosed a 5%+ stake. 13D signals intent to influence or control; 13G is a passive holding. Latest filing per holder — open it for the exact stake.
Short interest
FINRA · bi-monthly| Settlement | Shares short | Days to cover | Δ vs prior |
|---|---|---|---|
| May 15, 2026 | 2.1M | 4.1 | +14.8% |
| Apr 30, 2026 | 1.9M | 3.7 | +11.4% |
| Apr 15, 2026 | 1.7M | 7.0 | -3.5% |
| Mar 31, 2026 | 1.7M | 5.3 | -3.3% |
| Mar 13, 2026 | 1.8M | 9.3 | +4.5% |
Shares sold short as reported to FINRA. Days-to-cover = short shares ÷ average daily volume — higher means more potential squeeze pressure.
Material events
SEC Form 8-K · most recent- Delisting / listing-standard noticeMay 11, 2026
- Results of operations · Director / officer change · Regulation FD disclosureApr 28, 2026
- Entered a material agreement · Results of operations · New financial obligationMar 31, 2026
- Delisting / listing-standard noticeNov 6, 2025
- Results of operationsNov 4, 2025
- Other material eventSep 9, 2025
- Director / officer changeAug 12, 2025
- Results of operationsJul 29, 2025
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.
Recent SEC filings
All filings ↗- PRE 14APROXY STATEMENTMay 29, 2026
- 8-KCURRENT REPORTMay 11, 2026
- 4May 6, 2026
- 3May 5, 2026
- 10-QQUARTERLY REPORTApr 28, 2026
- 8-KCURRENT REPORTApr 28, 2026
- DEFA14ADEFINITIVE ADDITIONAL MATERIALSApr 22, 2026
- DEF 14APROXY STATEMENTApr 22, 2026
- 4Apr 2, 2026
- 4Apr 2, 2026
- 4Apr 2, 2026
- 4Apr 2, 2026
- 4Apr 2, 2026
- 4Apr 2, 2026
- 10-KANNUAL REPORTMar 31, 2026
Event-driven situations (3)
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