Purple Innovation, Inc. (PRPL): debt financing — Purple Innovation Q4 revenue $140.7M (+9% YoY); net loss narrows; credit facility extended to April 2027

Purple Innovation, Inc.

2026-Q1 EPS reported -$0.28 vs consensus -$0.13 ▼ miss (-115.2%)

Q4 net revenue $140.7M (+9.1% YoY); GAAP net loss $3.2M vs. $8.5M loss prior year.
Q4 adjusted EBITDA $8.8M, improvement from $2.9M; gross margin 41.9%.
Full year 2025 revenue $468.7M (-3.9%); adjusted EBITDA $1.9M vs. -$20.8M.
2026 guidance: revenue $500-$520M, adjusted EBITDA $20-$30M; Q1 revenue $100-$105M.
Third Amendment extends credit maturity to April 2027, waives going concern qualification, incurs $1.6M fee.

item 1.01 item 2.02 item 2.03 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

Purple Innovation, Inc. amended credit facility with Coliseum Capital Partners, L.P., Blackwell Partners LLC – Series A, and other lenders maturing April 30, 2027.

Instrument: credit facility
Counterparty: Coliseum Capital Partners, L.P., Blackwell Partners LLC – Series A, and other lenders
Maturity: April 30, 2027
Event: amendment

Exact text from the filing

The disclosure under Item 1.01 above describing the Third Amendment which amends the Amended and Restated Credit Agreement is incorporated herein by reference.

View on SEC.gov

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Purple Innovation, Inc. reported the calendar year ended December 31, 2025 results: revenue $468.7 million, net income $(51.4) million.

Period: the calendar year ended December 31, 2025
Revenue: $468.7 million
Net income: $(51.4) million
Result: reported results

Exact text from the filing

Full year 2025 net revenue was $468.7 million, a decline of 3.9% compared to the full year 2024.

View on SEC.gov

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Purple Innovation, Inc. reported the full year 2026 results: revenue in the range of $500 to $520 million. Guidance initiated.

Period: the full year 2026
Revenue: in the range of $500 to $520 million
Guidance: initiated
Result: guidance update

Exact text from the filing

For 2026, the Company currently expects full year revenue to be in the range of $500 to $520 million and adjusted EBITDA in the range of $20 to $30 million.

View on SEC.gov

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Purple Innovation, Inc. reported the fourth quarter ended December 31, 2025 results: revenue $140.7 million, net income $3.2 million.

Period: the fourth quarter ended December 31, 2025
Revenue: $140.7 million
Net income: $3.2 million
Result: reported results

Exact text from the filing

cost structure, supported by what we believe is a clear and disciplined strategy to scale profitably.” Fourth Quarter 2025 Financial Results Fourth quarter 2025 net revenue was $140.7 million, representing growth of approximately 9.1% compared to the fourth quarter of 2024. Growth was driven primarily by the wholesale channel, reflecting a full quarter of expanded

View on SEC.gov

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Purple Innovation, Inc. amended Third Amendment to Amended and Restated Credit Agreement with the Lenders valued at approximately $1.6 million (effective 2026-03-24).

Action: amendment
Agreement: credit facility
Counterparty: the Lenders
Value: approximately $1.6 million
Effective: 2026-03-24

Exact text from the filing

On March 24, 2026, the Loan Parties entered into a Third Amendment to the Amended and Restated Credit Agreement (the “Third Amendment”) with the Lenders, which (i) revised the maturity date under the Amended and Restated Credit Agreement from December 31, 2026, to April 30, 2027 and (ii) waived the requirement, and related events of default, that the Company’s financial statements for the fiscal year ending December 31, 2025 be delivered without being subject to any “going concern” qualification.

View on SEC.gov

Browse all debt financings →

Purple Innovation, Inc. filing history →

Source: SEC EDGAR

accession 0001213900-26-036891

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.