Purple Innovation Inc (PRPL) Q3 2025 Earnings Call Highlights: Revenue Growth and Improved Gross Margin.

Purple Innovation Inc reported Q3 2025 revenue of $118.8 million, up slightly from last year. Gross margin improved nearly 700 basis points sequentially to approximately 43%. Adjusted EBITDA was positive at $200,000, compared to a loss of $6.4 million last year. Showroom sales grew 6.5%, while wholesale revenue increased by 8%. E-commerce revenue declined by 10%, but the company is seeing early signs of improvement. Full-year revenue guidance is expected in the range of $465 to $485 million, with adjusted EBITDA between break-even and $10 million positive.