)

Purple Innovation (PRPL) investor relations material
Purple Innovation Q2 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
Executive summary
Q2 2025 revenue was $105.1M, down 12.6% year-over-year but up sequentially, with adjusted EBITDA improving by $1.8M and 120 basis points versus last year.
Net loss attributable to the company was $17.3M, compared to breakeven last year, mainly due to lower sales and gross profit.
Demand for Rejuvenate 2.0 exceeded expectations, outpacing supply, especially in showrooms, and more than doubled the Rejuvenate 1.0 launch in direct-to-consumer channels.
Gross margin fell to 35.9% due to tariffs and ramp-up costs, but mitigation plans and manufacturing efficiencies are expected to restore margins above 40% by year-end.
Strategic focus remains on innovation, premium positioning, and operational improvements, with strong early results from new product launches and marketing campaigns.
Financial highlights
Net revenue for Q2 2025 was $105.1M, down from $120.3M in Q2 2024.
Gross profit was $37.7M, with a gross margin of 35.9%, down 480 basis points year-over-year.
Adjusted net loss was $11.7M, improved from $13.8M last year; adjusted loss per share was $0.11 vs. $0.13.
Adjusted EBITDA loss was $2.4M, better than the $4.1M loss last year; adjusted EBITDA margin improved by 120 basis points.
Cash and equivalents at quarter-end were $34.2M, up from $29M at year-end 2024.
Outlook and guidance
Full-year 2025 revenue guidance reaffirmed at $465M–$485M, with adjusted EBITDA expected between breakeven and $10M.
Sequential revenue and margin growth anticipated in the second half, driven by Rejuvenate 2.0 and Mattress Firm expansion.
Gross margin expected to recover above 40% by Q4 as tariff mitigation and cost savings take effect.
Positive adjusted EBITDA projected for the back half of the year, with Q4 weighted improvements.
Mattress Firm expansion projected to generate $70M in annualized incremental net revenue starting in 2026.
Next Purple Innovation earnings date

Next Purple Innovation earnings date

The essential earnings season companion
The #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
)
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
)
I can't remember the last time an app had such a positive impact on my investment process.
)
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
)
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
)
I can't remember the last time an app had such a positive impact on my investment process.
)
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
)
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
)
)
)
)
Frequently asked questions
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Explore our global coverage