Purple Innovation — Third Quarter 2026 Earnings Summary

Purple Innovation reported third-quarter 2026 net revenue of $96.5 million, an 18.7% decrease from the prior year period, driven primarily by lower wholesale sales. The company achieved positive operating cash flow for the third consecutive quarter, ending the period with $28.3 million in cash and cash equivalents. GAAP net loss narrowed to $1.4 million from $11.7 million in the same period last year, while adjusted EBITDA showed a loss of $0.5 million. Management maintains full-year revenue guidance between $420 million and $440 million and expects adjusted EBITDA to range from $15 million to $20 million.