Purple Innovation (PRPL)
NASDAQ:PRPL
Earnings Data
Report Date
May 12, 2026After Close (Confirmed)
Period Ending
2026 (Q1)Consensus EPS Forecast
―Last Year’s EPS
-0.11Same Quarter Last Year
Based on 1 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call conveyed meaningful operational and financial progress — notable EBITDA and margin improvements, $25M in sustained cost savings, strong wholesale growth (Mattress Firm and Costco), and successful premium product rollouts — while also acknowledging ongoing challenges including a full-year revenue decline, persistent e-commerce weakness, a going concern note in the 10-K, and modest near-term cash balances. Management provided optimistic 2026 guidance ($500M–$520M revenue; $20M–$30M adjusted EBITDA) and expects positive free cash flow, signaling that the company believes the turnaround is durable. On balance, the positive operating and profitability momentum and clear plan to scale outweigh the remaining liquidity and top-line risks.Company Guidance
Quarterly Revenue Growth
Net revenue for Q4 2025 was $140.7 million, up 9.1% year-over-year, driven primarily by wholesale expansion (Mattress Firm and Costco).
Profitability and EBITDA Improvement
Q4 adjusted EBITDA was approximately $8.8 million versus $2.9 million in the prior year quarter. Full year adjusted EBITDA improved to $1.9 million from an adjusted EBITDA loss of $20.8 million the prior year.
Gross Margin Durability
Q4 gross margin was ~41.9%, above the company's 40% quarterly target. Full year gross margin improved ~310 basis points to 40.2% year-over-year and is viewed as sustainably above 40%.
Substantial Cost Savings
Cost initiatives delivered $25 million in annual savings in 2025, with $25 million to $30 million of sustainable savings expected going forward, enabling reinvestment and margin expansion.
Wholesale Channel Surge
Wholesale revenue grew ~39.8% in Q4 and enabled meaningful incremental volume through expanded Mattress Firm placements and a significant Costco program rollout.
Premium Product Traction (Rejuvenate 2.0 / Purple Royale)
Rejuvenate 2.0 accounted for over 50% of showroom mattress revenue in Q4 and averaged an ASP of nearly $5,800 in direct channels. Purple Royale launched with Mattress Firm (initial planned ~2,800+ slots and growing) and exceeded product quality expectations.
Showroom Performance Improvement
Showroom comparable sales increased 8.8% in Q4; showroom revenue rose ~4.5% in the quarter and showrooms were profitable across >80% of 4-wall stores for the full year. Full year showroom sales were $78.5 million, up 1.5% with comps +6.6%.
Improved Financial Positioning and Guidance
Debt maturities extended to April 30, 2027; management provided 2026 guidance of $500M–$520M revenue and $20M–$30M adjusted EBITDA. Management expects positive free cash flow for 2026.
PRPL Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
PRPL Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Mar 25, 2026 | $0.69 | $0.58 | -16.09% |
Nov 04, 2025 | $0.81 | $0.72 | -11.11% |
Jul 29, 2025 | $0.85 | $0.82 | -3.53% |
May 06, 2025 | $0.74 | $0.82 | +10.81% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Purple Innovation (PRPL) report earnings?
Purple Innovation (PRPL) is schdueled to report earning on May 12, 2026, After Close (Confirmed).
What is Purple Innovation (PRPL) earnings time?
Purple Innovation (PRPL) earnings time is at May 12, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is PRPL EPS forecast?
Currently, no data Available
