# PURPLE INNOVATION, INC. (PRPL) · Edgar & Edgarette company card

> Purple Innovation (PRPL) saw revenue fall 3.9% in FY2025 to $469 million, operating margin -9.2% against a 4.3% median for household furniture, equity -10.0% of assets. Every figure is from the company’s own annual report filed with the SEC.

SEC CIK 1643953 · fiscal year ended 2025-12-31 · 5 audited years read · [page](https://www.pops4.com/boards/company/PRPL) · [JSON](https://www.pops4.com/boards/company/PRPL.json)

## Figures, as filed in the 10-K

| Measure | Value |
|---|---|
| Revenue | $469M |
| Revenue growth, 1 year | -3.9% |
| Revenue growth per year | -10.3% |
| Operating margin | -9.2% (prior year -18.9%) |
| Net margin | -11.0% |
| Operating cash flow | −$34M |
| Capital spending | $8M |
| Free cash flow | −$42M |
| Cash | $24M |
| Long-term debt | $127M |
| Total assets | $296M |
| Total equity | −$30M |
| Equity ÷ assets | -10.0% |
| Return on equity | — |
| Dividend per share | — |
| Dividend years rising | — |

## Readings, computed from those figures

- Altman Z: -7.17 (distress zone)
- Piotroski F: 4 of 9 (middling)
- Beneish M: -2.66 (below the −1.78 line)
- Health Harbor boat: Old boat · three warning signs · liabilities exceed assets (often from years of share buybacks, not always distress); operating cash flow was negative; operating loss: a margin of -9.2% in FY2025
- Cash Compass: In between · no clear cash pattern yet

## Edgarette's reading

Exposure: revenue $468.7M (FY2025), total debt $126.7M. Experience: revenue down 3.9% on the year, down 10.3% a year over 4 years; operating margin -9.2%, up from -18.9%. Soundness: equity -10.0% of assets (liabilities exceed assets). Credibility: four or more audited years, reasonable weight. Range: 80% of past cases like this landed between $371.8M and $510.3M next year (method v4.1: its own 4-year record of growth weighed at 50% against $100M–1B filers; across 2019–2025, 69.0% landed inside, 83.4% on the one year the method never saw). In a shock year the stress range is $343.1M to $554.7M. A statistical range, not company guidance. Against peers (9 filers, $50M+ revenue, its industry group): operating margin -9.2% against a 4.3% median; growth -3.9% against 1.1%.

Range logged 2026-10-31, receipt e72fedbac07557de, status open. A statistical range, not company guidance.

## Health Watch, last 12 months

- Item 3.01 Exchange listing notice or transfer: 4, latest 2026-10-05 ([filing](https://www.sec.gov/Archives/edgar/data/1643953/000121390026106812/0001213900-26-106812-index.htm))
- Item 5.02 Director or officer change: 3, latest 2026-07-07 ([filing](https://www.sec.gov/Archives/edgar/data/1643953/000121390026075637/0001213900-26-075637-index.htm))

## Recent filings

- 8-K · filed 2026-10-05 · 3.01 Notice of Delisting or Failure to Satisfy a Listing Rule · [filing](https://www.sec.gov/Archives/edgar/data/1643953/000121390026106812/0001213900-26-106812-index.htm)
- 10-Q · filed 2026-08-11 · [filing](https://www.sec.gov/Archives/edgar/data/1643953/000121390026087735/0001213900-26-087735-index.htm)
- 8-K · filed 2026-08-10 · 2.02 Results of Operations and Financial Condition; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1643953/000121390026087318/0001213900-26-087318-index.htm)
- 8-K · filed 2026-07-22 · 3.01 Notice of Delisting or Failure to Satisfy a Listing Rule · [filing](https://www.sec.gov/Archives/edgar/data/1643953/000121390026080265/0001213900-26-080265-index.htm)
- 8-K · filed 2026-07-16 · 3.03 Material Modifications to Rights of Security Holders; 5.03 Amendments to Articles or Bylaws; Change in Fiscal Year; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1643953/000121390026078509/0001213900-26-078509-index.htm)
- 8-K · filed 2026-07-07 · 5.02 Departure or Election of Directors; Appointment of Officers; 5.07 Submission of Matters to a Vote of Security Holders; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1643953/000121390026075637/0001213900-26-075637-index.htm)

## Sources

- facts: https://data.sec.gov/api/xbrl/companyfacts/CIK0001643953.json
- filings: https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1643953

## Cite

POPS4, Edgar & Edgarette: PURPLE INNOVATION, INC. (PRPL) company card, from the company's own SEC filings, accessed 2026-11-04, https://www.pops4.com/boards/company/PRPL. CC BY 4.0. For a figure, add the filing URL under filings or sources.

DOI https://doi.org/10.5281/zenodo.23672509 · catalog https://www.pops4.com/boards/catalog.json · Figures as filed with the SEC. Card text CC BY 4.0, POPS4.

Reporting, not investment advice. No price targets and no trading recommendations.

Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price.