PRPL Chart
About

Purple Innovation, Inc. designs, manufactures, and sells sleep and other products in the United States and internationally. It offers mattresses, pillows, sheets, waterproof mattress protectors, bases, and seat cushions, as well as blankets and duvets. The company markets and sells its products through its direct-to-consumer e-commerce channels, retail brick-and-mortar wholesale partners, third-party online retailers, and Purple showrooms. The company was founded in 2010 and is headquartered in Lehi, Utah.

Fundamentals
Scroll to Statements
Sector Consumer Cyclical Industry Furnishings, Fixtures & Market Cap 70.87M
Enterprise Value 241.69M Income -56.68M Sales 457.01M
Book/sh -0.25 Cash/sh 0.30 Dividend Yield —
Payout 0.00% Employees 1200 IPO —
P/E — Forward P/E -2.59 PEG —
P/S 0.16 P/B -2.63 P/C —
EV/EBITDA -22.98 EV/Sales 0.53 Quick Ratio 0.59
Current Ratio 1.41 Debt/Eq — LT Debt/Eq —
EPS (ttm) -0.52 EPS next Y -0.25 EPS Growth —
Revenue Growth 0.10% Earnings 2026-03-12 ROA -6.64%
ROE -102.71% ROIC — Gross Margin 41.23%
Oper. Margin -5.76% Profit Margin -12.40% Shs Outstand 108.25M
Shs Float 56.32M Short Float 2.94% Short Ratio 6.62
Short Interest — 52W High 1.26 52W Low 0.56
Beta 1.85 Avg Volume 288.24K Volume 14.19K
Target Price $2.53 Recom None Prev Close $0.66
Price $0.65 Change -0.41%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$2.53
Mean price target
2. Current target
$0.65
Latest analyst target
3. DCF / Fair value
$-3.67
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$0.65
Low
$1.00
High
$5.00
Mean
$2.53

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2025-03-26 reit Wedbush Neutral → Neutral $1
2024-09-04 down Wedbush Outperform → Neutral $1
2024-08-06 main Craig-Hallum Hold → Hold $2
2024-05-08 reit Wedbush Outperform → Outperform $2
2024-03-21 reit Roth MKM Buy → Buy $3
2024-03-13 up Roth MKM Neutral → Buy $3
2024-03-13 main Craig-Hallum Hold → Hold $2
2024-03-13 main Wedbush Outperform → Outperform $2
2024-03-07 main Roth MKM Neutral → Neutral $2
2024-01-24 reit Wedbush Outperform → Outperform $1
2024-01-24 main Keybanc Overweight → Overweight $5
2023-11-13 down Oppenheimer Outperform → Perform —
2023-11-10 down Craig-Hallum Buy → Hold —
2023-11-10 main Wedbush Outperform → Outperform $1
2023-11-10 main Keybanc Overweight → Overweight $6
2023-08-25 reit Oppenheimer Outperform → Outperform $8
2023-08-10 main Wedbush Outperform → Outperform $3
2023-04-14 reit Wedbush — → Outperform $5
2023-03-21 main UBS — → Neutral $3
2023-02-01 main Keybanc — → Overweight $8
Insider Transactions
Date Shares Url Text Insider Position Transaction Start Date Ownership
0 64339 http://biz.yahoo.com/t/33/9717.html Disposition (Non Open Market) ANTHOS PANO Director — 2018-02-02 00:00:00 I
1 2587500 http://biz.yahoo.com/t/47/691.html Disposition (Non Open Market) at $0 per share. ZEPF PAUL J Beneficial Owner (10% or more) — 2018-02-02 00:00:00 I
2 111809 http://biz.yahoo.com/t/69/5957.html Disposition (Non Open Market) DICAMILLO GARY T Director — 2018-02-02 00:00:00 I
Financials
Line Item2024-12-312023-12-312022-12-312021-12-31
TaxEffectOfUnusualItems-4.17M-2.35M912.03K6.49M
TaxRateForCalcs0.210.210.210.27
NormalizedEBITDA-25.31M-82.92M137.13M-11.28M
TotalUnusualItems-19.86M-11.21M4.34M24.05M
TotalUnusualItemsExcludingGoodwill-19.86M-11.21M4.34M24.05M
NetIncomeFromContinuingOperationNetMinorityInterest-97.90M-120.76M-92.47M3.11M
ReconciledDepreciation35.35M25.11M17.49M9.47M
ReconciledCostOfRevenue306.75M338.72M365.11M431.25M
EBITDA-45.17M-94.13M141.47M12.77M
EBIT-80.53M-119.24M123.98M3.30M
NetInterestIncome-17.51M-1.97M-3.54M-1.87M
InterestExpense17.51M1.97M3.54M1.87M
NormalizedIncome-82.21M-111.90M-95.90M-14.45M
NetIncomeFromContinuingAndDiscontinuedOperation-97.90M-120.76M-92.47M3.11M
TotalExpenses560.09M617.37M453.99M745.56M
TotalOperatingIncomeAsReported-92.18M-113.71M-42.75M-24.58M
DilutedAverageShares107.32M103.94M81.78M67.30M
BasicAverageShares107.14M103.60M81.78M65.93M
DilutedEPS-0.91-1.17-1.10-0.30
BasicEPS-0.91-1.17-1.100.06
DilutedNIAvailtoComStockholders-98.10M-121.22M-92.47M-21.11M
AverageDilutionEarnings-201.00K-458.00K0.00-24.22M
NetIncomeCommonStockholders-97.90M-120.76M-92.47M3.11M
NetIncome-97.90M-120.76M-92.47M3.11M
MinorityInterests201.00K458.00K253.00K166.00K
NetIncomeIncludingNoncontrollingInterests-98.10M-121.22M-92.72M2.95M
NetIncomeContinuousOperations-98.10M-121.22M-92.72M2.95M
TaxProvision63.00K8.00K213.17M-1.52M
PretaxIncome-98.03M-121.21M120.45M1.43M
OtherIncomeExpense-8.31M-12.41M4.77M23.86M
OtherNonOperatingIncomeExpenses11.55M-1.20M423.00K-194.00K
SpecialIncomeCharges-23.37M-11.21M0.000.00
OtherSpecialCharges3.39M4.33M
ImpairmentOfCapitalAssets0.006.88M0.000.00
RestructuringAndMergernAcquisition19.97M0.000.00
GainOnSaleOfSecurity3.50M4.34M24.05M
NetNonOperatingInterestIncomeExpense-17.51M-1.97M-3.54M-1.87M
InterestExpenseNonOperating17.51M1.97M3.54M1.87M
OperatingIncome-72.21M-106.83M119.22M-20.56M
OperatingExpense253.34M278.66M88.88M314.31M
OtherTaxes0.000.00-161.97M-4.02M
ResearchAndDevelopment12.96M11.90M8.76M6.94M
SellingGeneralAndAdministration240.38M266.76M242.09M311.38M
SellingAndMarketingExpense171.26M182.31M165.39M239.29M
GeneralAndAdministrativeExpense69.12M84.45M76.70M72.09M
OtherGandA69.12M84.45M76.70M72.09M
GrossProfit181.13M171.82M208.09M293.75M
CostOfRevenue306.75M338.72M365.11M431.25M
TotalRevenue487.88M510.54M573.20M725.00M
OperatingRevenue487.88M510.54M573.20M725.00M
Line Item2023-12-31
TreasurySharesNumber0.00
OrdinarySharesNumber107.55M105.51M91.38M66.49M
ShareIssued107.55M105.51M91.38M66.49M
NetDebt26.38M2.18M4.79M
TotalDebt158.13M152.97M152.96M184.62M
TangibleBookValue11.31M93.23M143.15M132.57M
InvestedCapital75.59M144.46M197.92M242.18M
WorkingCapital25.36M30.83M63.33M87.49M
NetTangibleAssets11.31M93.23M143.15M132.57M
CapitalLeaseObligations102.73M123.94M129.31M88.21M
CommonStockEquity20.20M115.42M174.26M145.77M
TotalCapitalization75.59M142.33M197.92M239.89M
TotalEquityGrossMinorityInterest20.21M115.61M175.17M146.54M
MinorityInterest11.00K185.00K908.00K768.00K
StockholdersEquity20.20M115.42M174.26M145.77M
RetainedEarnings-573.87M-475.97M-355.21M-261.82M
AdditionalPaidInCapital594.05M591.38M529.47M407.59M
CapitalStock11.00K11.00K9.00K7.00K
CommonStock11.00K11.00K9.00K7.00K
TotalLiabilitiesNetMinorityInterest287.64M275.02M258.16M495.93M
TotalNonCurrentLiabilitiesNetMinorityInterest186.63M164.04M160.03M353.92M
OtherNonCurrentLiabilities911.00K5.00K19.00K162.27M
DerivativeProductLiabilities16.07M0.000.004.34M
NonCurrentAccruedExpenses26.09M25.80M18.66M11.10M
LongTermDebtAndCapitalLeaseObligation142.47M136.00M139.26M175.27M
LongTermCapitalLeaseObligation87.07M109.09M115.60M81.16M
LongTermDebt55.39M26.91M23.66M94.11M
LongTermProvisions1.10M2.23M2.12M932.00K
CurrentLiabilities101.00M110.98M98.13M142.01M
OtherCurrentLiabilities7.92M12.29M2.38M7.12M
CurrentDeferredLiabilities6.41M5.72M4.45M10.85M
CurrentDeferredRevenue6.41M5.72M4.45M10.85M
CurrentDebtAndCapitalLeaseObligation15.66M16.97M13.71M9.35M
CurrentCapitalLeaseObligation15.66M14.84M13.71M7.05M
CurrentDebt2.13M2.30M
OtherCurrentBorrowings2.13M2.30M
PensionandOtherPostRetirementBenefitPlansCurrent9.41M5.06M6.69M8.93M
CurrentProvisions1.44M
PayablesAndAccruedExpenses60.16M70.93M70.89M105.76M
CurrentAccruedExpenses16.53M19.15M20.72M21.33M
InterestPayable0.00506.00K7.00K
Payables43.63M51.78M50.17M84.42M
TotalTaxPayable2.99M1.95M3.73M4.67M
AccountsPayable40.64M49.83M46.44M79.75M
TotalAssets307.85M390.62M433.33M642.47M
TotalNonCurrentAssets181.48M248.81M271.88M412.97M
OtherNonCurrentAssets3.20M2.19M1.55M1.32M
NonCurrentDeferredAssets0.00217.79M
NonCurrentDeferredTaxesAssets0.00217.79M
GoodwillAndOtherIntangibleAssets8.89M22.20M31.12M13.20M
OtherIntangibleAssets8.89M22.20M26.22M13.20M
Goodwill0.004.90M0.00
NetPPE169.39M224.43M239.21M180.65M
AccumulatedDepreciation-82.40M-53.22M-35.76M-20.74M
GrossPPE251.79M277.65M274.97M201.39M
Leases57.94M60.56M56.11M38.10M
ConstructionInProgress13.13M15.08M19.10M19.84M
OtherProperties146.42M168.19M169.07M126.13M
MachineryFurnitureEquipment34.31M33.82M30.68M17.32M
Properties0.000.000.000.00
CurrentAssets126.37M141.81M161.46M229.50M
OtherCurrentAssets1.41M1.74M4.12M5.70M
RestrictedCash1.70M
PrepaidAssets6.02M8.54M7.82M8.06M
Inventory56.86M66.88M73.20M98.69M
InventoriesAdjustmentsAllowances-1.34M-2.36M
FinishedGoods30.07M37.68M39.77M63.42M
WorkInProcess6.60M5.96M2.26M4.02M
RawMaterials20.19M23.23M31.17M33.61M
Receivables33.06M37.80M34.57M25.43M
AccountsReceivable33.06M37.80M34.57M25.43M
CashCashEquivalentsAndShortTermInvestments29.01M26.86M40.05M91.62M
CashAndCashEquivalents29.01M26.86M40.05M91.62M
Line Item2024-12-312023-12-312022-12-312021-12-31
FreeCashFlow-25.38M-69.90M-66.93M-87.96M
RepurchaseOfCapitalStock0.00-105.00K0.000.00
RepaymentOfDebt-30.00M-36.66M-72.53M-2.25M
IssuanceOfDebt61.00M42.00M0.0055.00M
IssuanceOfCapitalStock0.0060.30M98.21M0.00
CapitalExpenditure-7.53M-15.23M-38.16M-57.06M
InterestPaidSupplementalData159.00K189.00K2.69M999.00K
IncomeTaxPaidSupplementalData317.00K385.00K303.00K4.64M
EndCashPosition29.01M26.86M41.75M91.62M
BeginningCashPosition26.86M41.75M91.62M122.95M
ChangesInCash2.15M-14.90M-49.86M-31.34M
FinancingCashFlow27.53M55.83M13.41M56.62M
CashFlowFromContinuingFinancingActivities27.53M55.83M13.41M56.62M
NetOtherFinancingCharges-3.47M-9.71M-12.43M3.51M
ProceedsFromStockOptionExercised0.000.00166.00K1.53M
CashDividendsPaid0.000.00-1.18M
CommonStockDividendPaid0.000.00-1.18M
NetPreferredStockIssuance0.00-105.00K0.000.00
PreferredStockPayments0.00-105.00K0.000.00
NetCommonStockIssuance0.0060.30M98.21M0.00
CommonStockIssuance0.0060.30M98.21M0.00
NetIssuancePaymentsOfDebt31.00M5.34M-72.53M52.75M
NetShortTermDebtIssuance5.00M-55.00M55.00M
ShortTermDebtPayments-12.00M-55.00M0.00
ShortTermDebtIssuance17.00M0.0055.00M
NetLongTermDebtIssuance31.00M5.34M-72.53M52.75M
LongTermDebtPayments-30.00M-36.66M-72.53M-2.25M
LongTermDebtIssuance61.00M42.00M0.0055.00M
InvestingCashFlow-7.53M-16.06M-34.50M-57.06M
CashFlowFromContinuingInvestingActivities-7.53M-16.06M-34.50M-57.06M
NetOtherInvestingChanges-826.00K3.66M
NetIntangiblesPurchaseAndSale-286.00K-844.00K-2.79M-3.12M
PurchaseOfIntangibles-286.00K-844.00K-2.79M-3.12M
NetPPEPurchaseAndSale-7.24M-14.39M-35.38M-53.94M
PurchaseOfPPE-7.24M-14.39M-35.38M-53.94M
OperatingCashFlow-17.85M-54.66M-28.77M-30.90M
CashFlowFromContinuingOperatingActivities-17.85M-54.66M-28.77M-30.90M
InterestPaidCFO0.000.00
ChangeInWorkingCapital4.27M22.45M-4.41M-15.53M
ChangeInOtherWorkingCapital-1.72M2.67M1.25M6.76M
ChangeInOtherCurrentLiabilities-2.78M
ChangeInPayablesAndAccruedExpense-7.09M15.95M-32.26M5.25M
ChangeInAccruedExpense-712.00K11.57M1.35M-1.55M
ChangeInPayable-6.38M4.38M-33.61M6.80M
ChangeInAccountPayable-6.38M4.38M-33.61M6.80M
ChangeInPrepaidAssets2.35M1.57M1.76M1.74M
ChangeInInventory5.99M5.90M28.96M-32.96M
ChangeInReceivables4.75M-3.65M-4.11M3.68M
ChangesInAccountReceivables4.75M-3.65M-4.11M3.68M
OtherNonCashItems37.15M1.24M-349.00K517.00K
StockBasedCompensation2.81M4.88M3.37M3.37M
AssetImpairmentCharge0.006.88M0.000.00
DeferredTax0.000.0051.58M-7.62M
DeferredIncomeTax0.000.0051.58M-7.62M
DepreciationAmortizationDepletion35.35M25.11M17.49M9.47M
DepreciationAndAmortization35.35M25.11M17.49M9.47M
OperatingGainsLosses660.00K6.01M-3.72M-24.05M
GainLossOnInvestmentSecurities-3.50M-4.34M-24.05M
GainLossOnSaleOfPPE770.00K1.68M620.00K0.00
NetIncomeFromContinuingOperations-98.10M-121.22M-92.72M2.95M
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

Public Trades for PRPL
Date User Asset Broker Type Position Size Entry Price Patterns