Purple Innovation Overview
- Year Founded
-
1989
- Status
-
Public
- Employees
-
1,200
- Stock Symbol
-
PRPL
- Investments
-
2
- Share Price
-
$0.76
- (As of Monday Closing)
Purple Innovation General Information
Description
Purple Innovation Inc is a comfort innovation company. The company designs, manufactures and sells a range of comfort technology offerings, including mattresses, a pillow, cushions, sheets, bed platforms and other products. The Company has one reportable segment that operates an omni-channel distribution which allows the Company to offer a seamless shopping experience to its customers across multiple sales channels. It sells its products through its direct-to-consumer e-commerce channels, retail brick-and-mortar wholesale partners, Purple showrooms, and third-party online retailers.
Contact Information
Website
www.purple.comCorporate Office
- 4100 North Chapel Ridge Road
- Suite 100
- Lehi, UT 84043
- United States
Corporate Office
- 4100 North Chapel Ridge Road
- Suite 100
- Lehi, UT 84043
- United States
Purple Innovation Timeline
Purple Innovation Stock Performance
As of 23-Jun-2025, Purple Innovation’s stock price is $0.76. Its current market cap is $82.2M with 108M shares.
(As of Monday Closing)
| Stock Price | Previous Close | 52 wk Range | Market Cap | Shares | Average Volume | EPS |
|---|---|---|---|---|---|---|
| $0.76 | $0.72 | $0.56 - $1.50 | $82.2M | 108M | 619K | -$0.62 |
Purple Innovation Financials Summary
As of 31-Mar-2025, Purple Innovation has a trailing 12-month revenue of $472M.
|
In Thousands, USD |
TTM 31-Mar-2025 | FY 2024 31-Dec-2024 | FY 2023 31-Dec-2023 | FY 2022 31-Dec-2022 |
|---|---|---|---|---|
| EV | 210,776 | 213,102 | 235,588 | 544,992 |
| Revenue | 472,015 | 487,877 | 510,541 | 573,201 |
| EBITDA | (15,128) | (45,170) | (94,134) | 141,469 |
| Net Income | (66,817) | (97,897) | (120,757) | (92,470) |
| Total Assets | 293,772 | 307,845 | 390,625 | 433,333 |
| Total Debt | 176,922 | 158,127 | 152,975 | 152,964 |
Purple Innovation Valuation & Funding
| Deal Type | Date | Amount | Valuation/ EBITDA |
Post-Val | Status | Debt |
|---|
Purple Innovation Comparisons
Industry
Financing
Details
Purple Innovation Competitors (19)
One of Purple Innovation’s 19 competitors is La-Z-Boy, a Corporation company based in Monroe, MI.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| La-Z-Boy | Corporation | Monroe, MI | ||||
| Sleep Number | Formerly PE-Backed | Minneapolis, MN | ||||
| HNI | Corporation | Muscatine, IA | ||||
| Sealy | Formerly PE-Backed | Lexington, KY | ||||
| Sterling Sleep | Corporation | Garden Grove, CA |
Purple Innovation Patents
Purple Innovation Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| US-20250176732-A1 | Elastomeric cushioning elements with substantially cylindrical columns | Pending | 04-Dec-2023 | ||
| US-20250151935-A1 | Collapsible pillow with cushioning grid | Pending | 12-Nov-2023 | ||
| US-20250064236-A1 | Adjustable pillow | Pending | 22-Aug-2023 | ||
| US-20250066138-A1 | Inverting conveyor system for flexible articles of manufacture | Pending | 21-Aug-2023 | ||
| US-20240251965-A1 | Smart bed with mattress that responds to physical inputs | Pending | 01-Feb-2023 | A47C21/048 |
Purple Innovation Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
Purple Innovation Investors
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Contact Info |
|---|
Purple Innovation Acquisitions (2)
Purple Innovation’s most recent deal was a Merger/Acquisition with Intellibed for . The deal was made on 31-Aug-2022.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Intellibed | 31-Aug-2022 | Merger/Acquisition | Home Furnishings | ||
| Global Partner Acquisition | 02-Feb-2018 | Merger/Acquisition | Special Purpose Acquisition Company (SPAC) |
Purple Innovation ESG
Risk Overview
Risk Rating
Updated May, 28, 2025
18.7 | Low Risk
Risk Scale
A lower score indicates better sustainability
Negl
0-10
Low
10-20
Med
20-30
High
30-40
Severe
40+
Exposure
Exposure refers to the extent to which a company is exposed to different material ESG issues
Management
Management is related to actions taken to manage ESG issues
Peers Analysis
Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.
Global
Covered Companies
of 14,673
Rank
Percentile
Consumer Durables
Industry
of 200
Rank
Percentile
Home Improvement
Subindustry
of 45
Rank
Percentile
Purple Innovation FAQs
-
When was Purple Innovation founded?
Purple Innovation was founded in 1989.
-
Where is Purple Innovation headquartered?
Purple Innovation is headquartered in Lehi, UT.
-
What is the size of Purple Innovation?
Purple Innovation has 1,200 total employees.
-
What industry is Purple Innovation in?
Purple Innovation’s primary industry is Home Furnishings.
-
Is Purple Innovation a private or public company?
Purple Innovation is a Public company.
-
What is Purple Innovation’s stock symbol?
The ticker symbol for Purple Innovation is PRPL.
-
What is the current stock price of Purple Innovation?
As of 23-Jun-2025 the stock price of Purple Innovation is $0.76.
-
What is the current market cap of Purple Innovation?
The current market capitalization of Purple Innovation is $82.2M.
-
What is Purple Innovation’s current revenue?
The trailing twelve month revenue for Purple Innovation is $472M.
-
Who are Purple Innovation’s competitors?
La-Z-Boy, Sleep Number, HNI, Sealy, and Sterling Sleep are some of the 19 competitors of Purple Innovation.
-
What is Purple Innovation’s annual earnings per share (EPS)?
Purple Innovation’s EPS for 12 months was -$0.62.
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