---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-25-106084"
form_type: "8-K"
ticker: "PRPL"
cik: "0001643953"
company_name: "Purple Innovation, Inc."
filed_at: "2025-11-04T23:59:59+00:00"
generated_at: "2026-05-17T00:38:41.535398+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Purple Q3 net loss narrows to $11.7M; posts positive adjusted EBITDA; reaffirms FY guidance

## Summary
- 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.

## SEC filing metadata
- accession: 0001213900-25-106084
- form_type: 8-K
- ticker: PRPL
- cik: 0001643953
- company_name: Purple Innovation, Inc.
- filed_at: 2025-11-04T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1643953/000121390025106084/0001213900-25-106084-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1643953/000121390025106084/ea0263021-8k_purple.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-25-106084
- JSON: https://secwatch.observer/filing/0001213900-25-106084.json
- Plain text: https://secwatch.observer/filing/0001213900-25-106084.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.