---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-26-036891"
form_type: "8-K"
ticker: "PRPL"
cik: "0001643953"
company_name: "Purple Innovation, Inc."
filed_at: "2026-03-31T23:59:59+00:00"
generated_at: "2026-05-15T08:10:33.968746+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Purple Innovation Q4 revenue $140.7M (+9% YoY); net loss narrows; credit facility extended to April 2027

## Summary
- 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.

## SEC filing metadata
- accession: 0001213900-26-036891
- form_type: 8-K
- ticker: PRPL
- cik: 0001643953
- company_name: Purple Innovation, Inc.
- filed_at: 2026-03-31T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 1.01, 2.02, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1643953/000121390026036891/0001213900-26-036891-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1643953/000121390026036891/ea0282456-8k_purple.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-26-036891
- JSON: https://secwatch.observer/filing/0001213900-26-036891.json
- Plain text: https://secwatch.observer/filing/0001213900-26-036891.txt

## Source-grounded claims
- claim_id: ae84fe13114b3e02a0889447beb8b1983cc2dc41
  claim: Purple Innovation, Inc. amended credit facility with Coliseum Capital Partners, L.P., Blackwell Partners LLC – Series A, and other lenders maturing April 30, 2027.
  evidence_excerpt: The disclosure under Item 1.01 above describing the Third Amendment which amends the Amended and Restated Credit Agreement is incorporated herein by reference.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1643953/000121390026036891/0001213900-26-036891-index.htm
- claim_id: 526699319972778495a9b101221a12c531ed4842
  claim: Purple Innovation, Inc. reported the calendar year ended December 31, 2025 results: revenue $468.7 million, net income $(51.4) million.
  evidence_excerpt: Full year 2025 net revenue was $468.7 million, a decline of 3.9% compared to the full year 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1643953/000121390026036891/0001213900-26-036891-index.htm
- claim_id: a976dedf1171993e95327f757c0674f58833b484
  claim: Purple Innovation, Inc. reported the full year 2026 results: revenue in the range of $500 to $520 million. Guidance initiated.
  evidence_excerpt: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1643953/000121390026036891/0001213900-26-036891-index.htm
- claim_id: f58a96f8e0bc0a3ee69a75486b1a5ae2aca313c1
  claim: Purple Innovation, Inc. reported the fourth quarter ended December 31, 2025 results: revenue $140.7 million, net income $3.2 million.
  evidence_excerpt: 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
  evidence_url: https://www.sec.gov/Archives/edgar/data/1643953/000121390026036891/0001213900-26-036891-index.htm
- claim_id: 11e9600000409786d740ef8a36fbd071dea296c3
  claim: 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).
  evidence_excerpt: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1643953/000121390026036891/0001213900-26-036891-index.htm

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