Filing Flows › Purple Innovation (PRPL) › Q3 2026
Purple Innovation (PRPL) Q3 2026 earnings results (third quarter 2026)
10-Q filed Nov 4, 2026
Purple Innovation (PRPL) reported revenue of $96.5M for the third quarter 2026 (Q3 2026), -19% from a year earlier and -2% from the quarter before. Operating margin was -10.1%, net loss $1.4M (1.5% of revenue).
Purple Innovation, Q3 2026: revenue $96.5M (-19% year over year), operating margin -10.1%, net loss $1.4M, operating cash flow $7.0M. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $96.5M | -2% | -19% |
| Operating profit | −$9.8M | — | — |
| Net earnings | −$1.4M | — | — |
| Operating cash flow | $7.0M | +982% | — |
| Free cash flow | $5.3M | — | — |
What changed
Revenue was $96.5M in Q3 2026, down 19% year over year and down 2% from the previous quarter.
Gross margin was 43.4%, down 4.1 points from Q3 2025. Operating costs exceeded revenue by $9.8M, an operating margin of -10.1%. Operating expenses fell 25% while revenue fell 19%. The quarter ended with a net loss of $1.4M, narrower than the previous quarter's $3.2M loss. Non-operating items added $8.4M, -627% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was $7.0M. Non-cash charges added back $4.5M of depreciation and amortization and $49K of share-based compensation. Working capital and other items added $3.9M. Capital expenditures of $1.7M left free cash flow of $5.3M.
Questions
What was Purple Innovation's revenue in the third quarter 2026?
Purple Innovation (PRPL) reported revenue of $96.5M for the third quarter 2026 (Q3 2026), -19% from a year earlier and -2% from the quarter before.
Was Purple Innovation profitable in the third quarter 2026?
Operating loss was $9.8M (-10.1% of revenue) and net loss $1.4M.
Source: Purple Innovation 10-Q on SEC EDGAR.