Purple Innovation
Income Statement
Last updated:
Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Purple Innovation's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 11% to $510,541,000. Profit margin reached -24%. Total operating expenses were $285,536,000.
Profit Margin
| 2014 | 4.30M | 665.15K | 15.45% |
|---|---|---|---|
| 2015 | 5.83M | -303K | -5.19% |
| 2016 | 0 | -2.32M | |
| 2017 | 196.85M | 803K | 0.41% |
| 2018 | 285.79M | -4.32M | -1.51% |
| 2019 | 428.35M | -12.37M | -2.89% |
| 2020 | 648.47M | 10.87M | 1.68% |
| 2021 | 726.22M | 3.11M | 0.43% |
| 2022 | 575.69M | -89.92M | -15.62% |
| 2023 | 510.54M | -120.75M | -23.65% |
PRPL Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 510.54M | 575.69M | 726.22M | 648.47M | 428.35M | 285.79M | 196.85M | 0 | 5.83M | 4.30M |
Cost of revenue | 338.71M | 365.11M | 431.25M | 343.37M | 239.38M | 173.18M | 111.84M | 0 | 4.45M | 2.68M |
Gross profit | 171.82M | 210.58M | 294.97M | 305.09M | 188.97M | 112.60M | 85.01M | 0 | 1.38M | 1.61M |
Operating exp. | ||||||||||
Research and development | 11.89M | 8.75M | 6.93M | 5.95M | 3.86M | 2.09M | 1.38M | 0 | 62K | 3.36K |
Selling and marketing | 182.31M | 165.38M | 239.29M | 187.99M | 141.97M | 103.82M | 79.13M | 0 | 469K | 92.25K |
Total operating expenses | 285.53M | 250.84M | 314.30M | 268.02M | 172.75M | 129.49M | 2.22M | 2.65M | 346K | 847.72K |
Operating income | -113.71M | 122.13M | -19.33M | 36.98M | 16.21M | -16.89M | -2.22M | -2.65M | -346K | 769.31K |
Other income (expenses), net | -7.49M | 807K | 21.98M | -344.75M | -28.19M | 1.01M | -72K | 330K | 43K | -104.15K |
Income before tax | -121.20M | 122.93M | 2.65M | -32.87M | -11.97M | -19.61M | 1.20M | -2.32M | -303K | 665.15K |
Income tax expense | 8K | 212.86M | -1.21M | -43.74M | 400K | -12.57M | 406K | -330K | -14K | 0 |
Net income | -120.75M | -89.92M | 3.11M | 10.87M | -12.37M | -4.32M | 803K | -2.32M | -303K | 665.15K |
Earnings per share | ||||||||||
Basic EPS | -1.17 | -1.1 | 0.06 | 0.28 | -1.24 | -0.51 | 0.09 | -0.49 | -0.06 | 0.09 |
Diluted EPS | -1.17 | -1.1 | -0.3 | 0.28 | -1.24 | -0.51 | 0.09 | -0.49 | -0.06 | 0 |
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