earnings
confidence high
sentiment positive
materiality 0.65
Purple Q3 net loss narrows to $11.7M; posts positive adjusted EBITDA; reaffirms FY guidance
Purple Innovation, Inc.
2025-Q3 EPS
reported $0.45
vs consensus -$0.09
▲ beat
(+590.2%)
- Q3 revenue $118.8M, flat YoY; gross margin expanded to 42.8% from 29.7%.
- Net loss improved to $11.7M from $39.2M; adjusted EBITDA turned positive at $0.2M vs -$6.4M.
- Adjusted gross margin 42.8% (+230 bps YoY); operating expenses down 23.2% to $63.0M.
- Maintains FY 2025 guidance: revenue $465-485M, adjusted EBITDA breakeven to $10M.
- Cash and equivalents $32.4M, up from $29.0M at Dec 2024.