Q2 FY2026 EarningsQ2 FY26 results missed consensus on the top line but significantly beat on profitability and cash flow. Revenue of $98.3M fell short of the $102.4M expected (-4.1% variance) due to wholesale weakness and accounting adjustments, but gross margin reached 45.2% vs. 40.2% expected, aided by a $5.3M tariff refund. Operating cash flow turned positive at $3.6M for the first half, sharply beating the consensus of a $5.1M outflow. While GAAP EPS beat expectations, the company remains under a going concern qualification due to upcoming April 2027 debt maturities.
Financial report interval: 2026.03.30 - 2026.06.30
Overview: Purple Innov(PRPL) the Revenue is 98.27 M (-6.5%), Miss estimate;the EBIT is -4.25 M (+70.15%), Beat estimate;the EPS is -0.74 (+81.5%), Beat estimate.
Actual
YoY
Estimate
YoY
Vs estimate
YoY
RevenueMiss expectations
0.10B6.50%
0.10B2.55%
-0.00B3.95%
EBITExceed expectations
-0.00B70.15%
-0.01B62.73%
+0.00B7.42%
EPSExceed expectations
-0.7481.50%
-2.7531.25%
+2.010050.25%
Revenue
ActualEstimateUnit: USD
qf
EBIT
ActualEstimateUnit: USD
qf
Net income
ActualEstimateUnit: USD
qf
EPS
ActualEstimateUnit: USD
qf