Purple Innovation (PRPL) Q3 2026: revenue down 19%, cash flow turns positive
FROM THE WIRE · FINANCE.YAHOO.COM
This article first appeared on GuruFocus. Net Revenue: $96.5 million, down 19% year-over-year. Direct-to-Consumer (DTC) Revenue: $60.9 million, down 9% year-over-year; August and September combined up ~1% year-over-year. E-commerce Revenue: $42.4 million, down 6% year-over-year…
Read at the source ↗MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishRevenue and gross margin fell year over year, though cash flow turned positive, for a small-cap stock.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01Net revenue was $96.5 million, down 19% year over year.
- 02Gross margin fell to 43.4%, about 410 basis points lower.
- 03GAAP net loss was $1.4 million versus $11.7 million a year earlier.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
Purple Innovation, Inc.2.54 USDMarket closedtoday -9.12%Negative Amazon.com, Inc.260.21 USDMarket closedtoday -2.19%Neutral
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets