PURPLE INNOVATION, INC.
Income Statement
| Line Item | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $98.3M | $95.7M | $140.7M | $118.8M | $105.1M | $104.2M | $129.0M | $118.6M |
| Cost of Revenue | $53.9M | $60.5M | $86.5M | $67.9M | $62.6M | $63.1M | $73.7M | $83.4M |
| Gross Profit | $44.4M | $35.2M | $54.1M | $50.9M | $42.5M | $41.0M | $55.3M | $35.2M |
| Gross Margin | 45.2% | 36.8% | 38.5% | 42.8% | 40.5% | 39.4% | 42.9% | 29.7% |
| Operating Expenses | ||||||||
| Research & Development | $2.5M | $2.4M | $2.6M | $2.4M | $2.2M | $2.5M | $2.4M | $2.9M |
| SG&A Expense | $12.4M | $18.0M | $18.9M | $15.2M | $15.0M | $14.5M | $14.0M | $17.3M |
| Operating Income | $-4.3M | $-16.8M | $-2.2M | $-12.1M | $-14.2M | $-14.5M | $-7.7M | $-46.8M |
| Operating Margin | -4.3% | -17.6% | -1.6% | -10.2% | -13.5% | -13.9% | -6.0% | -39.5% |
| Interest Expense | — | — | — | — | — | — | — | — |
| Pretax Income | $-3.2M | $-30.5M | $-3.2M | $-11.7M | $-17.3M | $-19.1M | $-8.6M | $-39.2M |
| Income Tax Expense | $32.0K | $47.0K | $59.0K | $53.0K | $54.0K | $41.0K | $-113.0K | $63.0K |
| Net Income | $-3.2M | $-30.5M | $-3.2M | $-11.7M | $-17.3M | $-19.1M | $-8.5M | $-39.2M |
| Net Margin | -3.3% | -31.9% | -2.3% | -9.9% | -16.5% | -18.4% | -6.6% | -33.1% |
| EPS (Basic) | $-0.74 | $-0.28 | $4.56 | $0.11 | $-4.01 | $-0.18 | $0.08 | $0.36 |
| EPS (Diluted) | $-0.74 | $-0.28 | $4.56 | $0.11 | $-4.01 | $-0.18 | $0.08 | $0.36 |
| Shares Outstanding (Basic) | 4.4M | 108.4M | 108.1M | 108.2M | 4.3M | 107.6M | 107.1M | 107.5M |
| Shares Outstanding (Diluted) | 4.4M | 108.4M | 108.2M | 108.4M | 4.3M | 107.6M | 107.3M | 107.5M |
| Dividends Per Share | — | — | — | — | — | — | — | — |