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Purple Innovation vs Sleep Number: revenue, profit, margins and growth compared

Purple Innovation brought in $468.7M of revenue in fiscal 2025, Sleep Number $1.4B in fiscal 2025. Revenue changed by -3.9% at Purple Innovation and -16.1% at Sleep Number on the year before, so Purple Innovation grew faster. Purple Innovation kept -11.0% of its revenue as net profit, Sleep Number -9.3%. Free cash flow was -$41.9M at Purple Innovation and -$17.7M at Sleep Number.

Side by side, latest fiscal year

PRPLSNBRQ
Fiscal year endedFY2025 (December 31, 2025)FY2025 (January 3, 2026)
Revenue$468.7M$1.4B
Revenue growth-3.9%-16.1%
Net income-$51.4M-$132M
Net margin-11.0%-9.3%
Free cash flow-$41.9M-$17.7M
Free cash flow margin-8.9%-1.3%
Earnings per share (diluted)$0.48-$5.77
Cash$24.3M$1.7M
Debt$126.7Mn/a
Price to earnings5.1n/a
Market value$10.6M$414.9K
Dividend yieldn/an/a
Rank by revenue in sector#601 of 1065 · Consumer discretionary#427 of 1065 · Consumer discretionary

Over the years

Revenue
PRPL FY2018: $285.8MPRPL FY2019: $428.4MPRPL FY2020: $648.5MPRPL FY2021: $725MPRPL FY2022: $573.2MPRPL FY2023: $510.5MPRPL FY2024: $487.9MPRPL FY2025: $468.7MSNBRQ FY2018: $1.5BSNBRQ FY2019: $1.7BSNBRQ FY2020: $1.9BSNBRQ FY2021: $2.2BSNBRQ FY2022: $2.1BSNBRQ FY2023: $1.9BSNBRQ FY2024: $1.7BSNBRQ FY2025: $1.4BFY18FY19FY20FY21FY22FY23FY24FY25
PRPL $468.7MSNBRQ $1.4B
Net income
PRPL FY2018: -$4.3MPRPL FY2019: -$22.6MPRPL FY2020: -$236.9MPRPL FY2021: $3.1MPRPL FY2022: -$92.5MPRPL FY2023: -$120.8MPRPL FY2024: -$97.9MPRPL FY2025: -$51.4MSNBRQ FY2018: $69.5MSNBRQ FY2019: $81.8MSNBRQ FY2020: $139.2MSNBRQ FY2021: $153.7MSNBRQ FY2022: $36.6MSNBRQ FY2023: -$15.3MSNBRQ FY2024: -$20.3MSNBRQ FY2025: -$132MFY18FY19FY20FY21FY22FY23FY24FY25
PRPL -$51.4MSNBRQ -$132M
Net margin
PRPL FY2018: -1.5%PRPL FY2019: -5.3%PRPL FY2020: -36.5%PRPL FY2021: 0.4%PRPL FY2022: -16.1%PRPL FY2023: -23.7%PRPL FY2024: -20.1%PRPL FY2025: -11.0%SNBRQ FY2018: 4.5%SNBRQ FY2019: 4.8%SNBRQ FY2020: 7.5%SNBRQ FY2021: 7.0%SNBRQ FY2022: 1.7%SNBRQ FY2023: -0.8%SNBRQ FY2024: -1.2%SNBRQ FY2025: -9.3%FY18FY19FY20FY21FY22FY23FY24FY25
PRPL -11.0%SNBRQ -9.3%
Revenue growth
PRPL FY2019: +49.9%PRPL FY2020: +51.4%PRPL FY2021: +11.8%PRPL FY2022: -20.9%PRPL FY2023: -10.9%PRPL FY2024: -4.4%PRPL FY2025: -3.9%SNBRQ FY2019: +10.9%SNBRQ FY2020: +9.3%SNBRQ FY2021: +17.7%SNBRQ FY2022: -3.2%SNBRQ FY2023: -10.7%SNBRQ FY2024: -10.9%SNBRQ FY2025: -16.1%FY19FY20FY21FY22FY23FY24FY25
PRPL -3.9%SNBRQ -16.1%
Free cash flow
PRPL FY2018: -$33MPRPL FY2019: $12.4MPRPL FY2020: $53.4MPRPL FY2021: -$84.8MPRPL FY2022: -$64.1MPRPL FY2023: -$69.1MPRPL FY2024: -$25.1MPRPL FY2025: -$41.9MSNBRQ FY2018: $86MSNBRQ FY2019: $129.9MSNBRQ FY2020: $242.6MSNBRQ FY2021: $233.1MSNBRQ FY2022: -$33.3MSNBRQ FY2023: -$66.1MSNBRQ FY2024: $3.6MSNBRQ FY2025: -$17.7MFY18FY19FY20FY21FY22FY23FY24FY25
PRPL -$41.9MSNBRQ -$17.7M

Fiscal years as each company reports them; the two may end in different months.

Questions about Purple Innovation and Sleep Number

Which is bigger by revenue, Purple Innovation or Sleep Number?

Sleep Number is bigger by revenue: $1.4B in fiscal 2025, against $468.7M for Purple Innovation in fiscal 2025.

Which keeps more of its revenue as profit, Purple Innovation or Sleep Number?

Purple Innovation had a net margin of -11.0% in fiscal 2025; Sleep Number had -9.3% in fiscal 2025.

Which grew revenue faster, Purple Innovation or Sleep Number?

In their latest fiscal years revenue changed by -3.9% at Purple Innovation and -16.1% at Sleep Number.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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