secwatch.observer — SEC 8-K summary
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Issuer:     Purple Innovation, Inc. (PRPL)
CIK:        0001643953
Form:       8-K
Filed at:   2026-03-31T23:59:59+00:00
Accession:  0001213900-26-036891
Event type: earnings
Sentiment:  neutral
Materiality: 0.80
Item codes: 1.01, 2.02, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1643953/000121390026036891/0001213900-26-036891-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1643953/000121390026036891/ea0282456-8k_purple.htm
  HTML page:      https://secwatch.observer/filing/0001213900-26-036891

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer