Purple Q1 rev $95.7M (-8.1%); cuts FY rev guidance; CFO Vogensen resigns, Lucian named

Purple Innovation, Inc.

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

Q1 net revenue $95.7M, down 8.1% YoY; showroom comps +7.0%, e-commerce improved sequentially.
Net loss $30.5M vs $19.1M YoY; adjusted EBITDA $(4.8)M, flat YoY.
FY2026 revenue guidance cut to $465-485M from $500-520M due to accounting adjustment; EBITDA guidance reaffirmed at $20-30M.
CFO Todd Vogensen resigns effective May 1, 2026; Robert Lucian (ex-La-Z-Boy CFO) appointed CFO effective April 27, 2026.
Lucian's compensation: $600K base, $20K signing bonus, 75% target short-term incentive with $300K guarantee for 2026.

item 2.02 item 5.02 item 7.01 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Departed

Todd Vogensen

Chief Financial Officer

PRPL · Purple Innovation, Inc.

Effective: 2026-05-01
Successor: Robert G. Lucian
Filed: April 28, 2026, 7:59 PM ET

provided notice to the Company of his resignation as Chief Financial Officer effective May 1, 2026

Appointed

Robert G. Lucian

Chief Financial Officer

PRPL · Purple Innovation, Inc.

Effective: 2026-04-27
Filed: April 28, 2026, 7:59 PM ET

the Board of Directors (the “Board”) of the Company appointed Robert G. Lucian to serve as the Chief Financial Officer of the Company, effective the week of April 27, 2026

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Purple Innovation, Inc. reported the first quarter ended March 31, 2026 results: revenue $95.7 million, net income $30.5 million. Guidance reaffirmed.

Period: the first quarter ended March 31, 2026
Revenue: $95.7 million
Net income: $30.5 million
Guidance: reaffirmed
Result: reported results

Exact text from the filing

expanded distribution, and believe that we are well positioned to deliver continued progress in 2026.” First Quarter 2026 Financial Results First quarter 2026 net revenue was $95.7 million, down approximately 8.1% compared to the first quarter of 2025. The decrease was primarily driven by softness in e-commerce and lower wholesale revenue, partially offset by

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Executive change SEC 8-K Item 5.02 confidence 0.95

Todd Vogensen departed as Chief Financial Officer at Purple Innovation, Inc..

Action: resignation
Role: Chief Financial Officer

Exact text from the filing

provided notice to the Company of his resignation as Chief Financial Officer effective May 1, 2026

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Robert G. Lucian was appointed as Chief Financial Officer at Purple Innovation, Inc..

Action: appointed
Role: Chief Financial Officer

Exact text from the filing

the Board of Directors (the “Board”) of the Company appointed Robert G. Lucian to serve as the Chief Financial Officer of the Company, effective the week of April 27, 2026

View on SEC.gov

1436 earnings releases filed in the last 30 days. Browse all earnings releases →

Purple Innovation, Inc. filing history →

Source: SEC EDGAR

accession 0001213900-26-048279

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