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Purple Innovation PRPL

Purple Innovation reported a net loss of $1.4 million

Form
10-Q
Filed
Importance
Major
  1. Revenue: $96.51 million for the three months ended Sep 30, 2026
  2. Net loss: $1.4 million for the three months ended Sep 30, 2026
  3. Diluted EPS: -$0.33 for the three months ended Sep 30, 2026

Written from the 10-Q on EDGAR. Check the filing before you rely on it.

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Going-concern warning repeated

“Accordingly, there is substantial doubt about the Company's ability to continue as a going concern.”
In the notes to the financial statements. Read it in the filing 10-Q on EDGAR

Also in the prior 10-Q (filed Aug 11, 2026). Prior report Prior on EDGAR

Quoted from the filing. Not advice.

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What changed since last quarter

1 new risk factor · 1 new legal mention

Compared with the 10-Q for the period ended Jun 30, 2026.

Key numbers from the XBRL in this filing and the previous one.
This filingPreviousChange QoQ
Revenue$96.51M$98.27M−1.8%
Operating income and margin−$9.77M · -10.1%−$4.25M · -4.3%−130%, margin −5.8 pts
Net income−$1.4M−$3.23M+57%
Operating cash flow$7M$647K+982%
Cash$28.34M$23.3M+22%
New risk factors (1)
  • On September 30, 2026, we received a letter from the Listing Qualifications Department of Nasdaq. The letter notified us that, for the prior 30 consecutive business days, the market value of our publicly held shares ("MVPHS") was below the $15 million minimum required for continued listing on The Nasdaq Global Select…
New legal mentions (1)
  • Discovery and motion practice are ongoing and are expected to continue into 2027.

The reading, claim by claim

From the filing's financial data, not stated in its text

From this 10-Q's financial data (XBRL) for the quarter ended September 30, 2026

  • For the quarter ended September 30, 2026, Purple Innovation, Inc. reported: Revenue $96.5 million.
  • Net income -$1.4 million.
  • Gross margin 43.4%.
  • Operating margin -10.1%.
  • Net margin -1.4%.
  • Revenue change from a year earlier -18.7%.

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