Every material Form 8-K Purple Innovation, Inc. has filed with the SEC since August 10, 2026, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Purple Innovation reported third-quarter 2026 net revenue of $96.5 million, down 18.7% from $118.8 million a year earlier, driven mainly by lower wholesale revenue. Its GAAP net loss narrowed to $1.4 million from $11.7 million, but adjusted EBITDA swung to a $0.5 million loss from a $0.2 million profit, and the company kept its 2026 revenue outlook of $420 million to $440 million.
Q3 2026 net revenue was $96.5 million, down 18.7% from $118.8 million; wholesale revenue fell to $35.6 million from $51.5 million.
GAAP net loss was $1.4 million for Q3 2026, compared with $11.7 million in Q3 2025.
Adjusted EBITDA was a loss of $0.5 million for Q3 2026, compared with $0.2 million of adjusted EBITDA a year earlier.
2026 revenue guidance of $420 million to $440 million was maintained; adjusted EBITDA is now expected at $15 million to $20 million.
Purple Innovation received a Nasdaq letter on September 30, 2026, stating that its Market Value of Publicly Held Shares was below the $15 million minimum for the last 30 consecutive business days. The notice has no immediate effect on the listing or trading of its Class A common stock, but if the company does not regain compliance by the stated Compliance Date, Nasdaq will notify it that its securities are subject to delisting.
Nasdaq notice dated September 30, 2026 cites a $15 million minimum MVPHS requirement under Nasdaq Listing Rules 5450(b)(2)(C) and 5450(b)(3)(C)
To regain compliance, MVPHS must close at $15 million or more for at least ten consecutive business days within the Compliance Period
The filing states the Compliance Date as March 29, 2026, and says the company may appeal a delisting determination to a hearings panel
The company may also consider transferring to the Nasdaq Capital Market if it meets that market's continued listing requirements
Purple Innovation reported second-quarter 2026 net revenue of $98.3 million, down 6.5% from a year earlier, driven by lower wholesale revenue, while its GAAP net loss narrowed to $3.2 million. The company lowered its 2026 revenue guidance to $420 million to $440 million, so shareholders face weaker top-line expectations even as profitability measures improved.
Q2 2026 net revenue was $98.3 million, down 6.5% from $105.1 million; wholesale revenue fell 19.1% to $37.4 million while showroom revenue rose 16.6%
GAAP net loss was $3.2 million, a $14.1 million improvement; adjusted EBITDA was $2.1 million versus a $2.4 million loss a year earlier
2026 revenue guidance lowered to $420 million to $440 million; adjusted EBITDA guidance is $20 million to $25 million
Company regained compliance with the Nasdaq minimum bid price requirement after the quarter ended
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.
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