Purple Innovation Q4 revenue edges past estimates on wholesale partnerships

Purple Innovation

31/03/2026 13:08

Overview

US mattress maker's Q4 revenue rose 9% yr/yr, slightly beating analyst expectations

Adjusted EPS for Q4 was a loss but beat analyst expectations

Company's Q4 growth driven by wholesale partnerships, offset by e-commerce decline

Outlook

Purple Innovation expects 2026 revenue of $500 mln to $520 mln

Company sees 2026 adjusted EBITDA between $20 mln and $30 mln

Company anticipates Q1 revenue of $100 mln to $105 mln and adjusted EBITDA of $(7) mln to $(4) mln

Result Drivers

WHOLESALE CHANNEL - Q4 growth driven by expanded Mattress Firm placements and continued momentum with Costco, partially offset by e-commerce decline

COST MANAGEMENT - Operating expenses fell 2.9% yr/yr due to ongoing restructuring and cost-saving initiatives

GROSS MARGIN GAINS - Gross margin benefited from sourcing initiatives, manufacturing efficiencies, and restructuring actions

Company press release: ID:nPn3dsLkna

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Revenue
Slight Beat*
$140.69 mln
$139.81 mln (5 Analysts)
Q4 Adjusted EPS
Beat
-$0.02
-$0.04 (5 Analysts)
Q4 EPS
-$0.03
Q4 Net Income
-$3.23 mln
Q4 Gross Profit
$58.98 mln
Q4 Operating Expenses
$61.16 mln
Q4 Operating Income
-$2.19 mln
Q4 Pretax Profit
-$3.17 mln


*Applies to a deviation of less than 1%; not applicable for per-share numbers.

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)