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Purple Innovation (PRPL) Q2 2026 earnings results (second quarter 2026)

10-Q filed Aug 11, 2026

Purple Innovation (PRPL) reported revenue of $98.3M for the second quarter 2026 (Q2 2026), -6% from a year earlier and +3% from the quarter before. Operating margin was -4.3%, net loss $3.2M (3.3% of revenue).

Revenue$98.3M
Year over year-6%
Quarter over quarter+3%
Operating margin-4.3%
Net earnings−$3.2M

Purple Innovation, Q2 2026: revenue $98.3M (-6% year over year), operating margin -4.3%, net loss $3.2M, operating cash flow $647K. The chart follows the revenue to costs, profit and cash.

Q2 2026AmountQ/QY/Y
Revenue$98.3M+3%-6%
Operating profit−$4.2M——
Net earnings−$3.2M——
Operating cash flow$647K-78%—

What changed

Revenue was $98.3M in Q2 2026, down 6% year over year and up 3% from the previous quarter.

Gross margin was 45.2%, up 4.7 points from Q2 2025. Operating costs exceeded revenue by $4.2M, an operating margin of -4.3%. Operating expenses fell 14% while revenue fell 6%. The fastest-growing cost line was Research & development (+14%). The quarter ended with a net loss of $3.2M, narrower than the previous quarter's $30.6M loss. Non-operating items added $1.0M, -32% of pre-tax earnings, so the bottom line overstates operating performance.

Operating cash flow was $647K. Non-cash charges added back $4.5M of depreciation and amortization. Working capital and other items used $568K. Capital expenditures of $1.9M exceeded it, leaving free cash flow of −$1.3M.

Questions

What was Purple Innovation's revenue in the second quarter 2026?

Purple Innovation (PRPL) reported revenue of $98.3M for the second quarter 2026 (Q2 2026), -6% from a year earlier and +3% from the quarter before.

Was Purple Innovation profitable in the second quarter 2026?

Operating loss was $4.2M (-4.3% of revenue) and net loss $3.2M.

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Source: Purple Innovation 10-Q on SEC EDGAR.