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Purple Innovation Inc

Purple Innovation, Inc. designs, manufactures, and sells sleep and other products in the United States and internationally. Its offerings include mattresses, pillows, sheets, foundations, waterproof mattress protectors, bases, seat cushions, blankets, and duvets. The company markets and sells through direct-to-consumer e-commerce channels, retail brick-and-mortar wholesale partners, third-party online retailers, and Purple showrooms. Founded in 2010, it is headquartered in Lehi, Utah.

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Purple Innovation lowers FY2026 revenue guidance to $420M-$440M, forecasts $20M-$25M adjusted EBITDA

Purple Innovation has lowered its fiscal 2026 revenue guidance to a range of $420 million to $440 million, down from its prior outlook of $465 million to $485 million, while forecasting adjusted EBITDA of $20 million to $25 million. The company cited continued softness in the mattress category, particularly in its wholesale channel, where second-quarter revenue fell 19.1% to $37.4 million. Direct-to-consumer revenue rose 3.4% to $60.9 million, and total net revenue declined 6.5% to $98.3 million. Purple also revised its gross margin target to approximately 45% due to a reclassification of credit card and financing fees, and it took pricing actions in June to offset commodity and logistics inflation. The company ended the quarter with $23.3 million in cash and positive operating cash flow for the second straight quarter.
Seeking Alpha·39dRead more →
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Purple launches Netforge, a free WiFi engineering toolkit with 19 browser-based tools

Purple has launched Netforge, a free suite of 19 browser-based tools for WiFi network planning, deployment, and debugging. Available now at no cost with no sign-up and no data retention, the toolkit consolidates utilities that engineers typically pay a subscription for or assemble from scattered open-source projects into a single browser-based console. The tools span six categories including IP addressing, DNS, WiFi deployment, connectivity, security, and general utilities, and are vendor-agnostic, working alongside networks from Cisco Meraki, HPE Aruba, Ruckus, and Juniper Mist. Designed for both technical and non-technical users, Netforge runs entirely locally in the browser and stores nothing, allowing use on client sites and secure networks without sending data to third parties. The toolkit is built by the same team behind Purple's guest WiFi, captive portals, and location analytics.
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England's semi-final sent pub footfall up 316% at its peak, guest WiFi data reveals

England's World Cup semi-final drove pub footfall up 316% at the 7pm peak compared with a normal Wednesday, according to guest WiFi data from Purple. Across the whole day, visitors were up 82%, rising to 150% from 5pm onwards. WiFi logins increased 54% across the day and 140% from 5pm, with logins doubling in the 15-minute half-time break. Young adults led the surge, with visitors aged 18-24 up 199% and 25-34s up 115%, while over-65s rose just 5%. Female visitors were up 91% across the day against 80% for men, and up 140% from 5pm against 121%. Requests to sports websites across Purple's network rose 592%, media sharing 246%, social networks 177%, and gambling websites 470%.
GlobeNewswire·64dRead more →
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Purple WiFi data reveals World Cup fans arrive early, stay late, and surge online at full-time

New data from guest WiFi specialist Purple shows that during the FIFA World Cup 2026, fans across the United States are arriving early, staying late, and reaching for their phones at every break in play. Drawing on live session data from 818 venues across the host cities, Purple found that logins begin to spike two hours before kickoff and surge again at full-time, with a quarter of all logins landing two hours after kickoff. At one major host-city stadium operating at full capacity, more than 70,000 fans generated visible login spikes at hydration breaks, half-time, and full-time. The busiest matchday at that stadium came when the USA played, drawing around 8,000 connected fans, compared to between 4,500 and 5,400 for matches between other nations. Los Angeles recorded the biggest match-day uplift in venue WiFi use, with connections up 171 percent, followed by Miami with a 78 percent increase. Purple projects that total fan connections across the 39-day tournament window will reach 573,000, up from 400,000 in the 30 days before the tournament.
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