Growth Metrics

Purple Innovation (PRPL) Gross Margin (2017 - 2025)

Purple Innovation's Gross Margin history spans 9 years, with the latest figure at 42.82% for Q3 2025.

  • For Q3 2025, Gross Margin rose 1314.0% year-over-year to 42.82%; the TTM value through Sep 2025 reached 40.45%, up 592.0%, while the annual FY2024 figure was 37.13%, 347.0% up from the prior year.
  • Gross Margin for Q3 2025 was 42.82% at Purple Innovation, up from 35.85% in the prior quarter.
  • Across five years, Gross Margin topped out at 46.95% in Q1 2021 and bottomed at 34.63% in Q2 2022.
  • The 5-year median for Gross Margin is 34.76% (2024), against an average of 32.02%.
  • The largest annual shift saw Gross Margin plummeted -7937bps in 2022 before it surged 6472bps in 2023.
  • A 5-year view of Gross Margin shows it stood at 34.26% in 2021, then fell by -2bps to 33.72% in 2022, then fell by -2bps to 33.21% in 2023, then increased by 29bps to 42.86% in 2024, then dropped by 0bps to 42.82% in 2025.
  • Per Business Quant, the three most recent readings for PRPL's Gross Margin are 42.82% (Q3 2025), 35.85% (Q2 2025), and 39.4% (Q1 2025).