Purple Innovation (PRPL) Gross Margin (2017 - 2026)
Purple Innovation's (PRPL) quarterly Gross Margin came in at 45.19% in Q2 2026, up 474.0% year-over-year from 7.87% in Q2 2025, and up 22.93% quarter-over-quarter from 36.76% in Q1 2026.
Analysis
Purple Innovation (PRPL) Gross Margin (2017 - 2026) Analysis & Trends
Purple Innovation has disclosed Gross Margin across 10 years of filings, most recently posting 45.19% for Q2 2026.
- In Q2 2026, Gross Margin rose 474.0% year-over-year to 45.19%; the TTM figure through Jun 2026 stood at 41.78% (up 368.0% YoY), while the FY2025 annual figure was 40.23%, up 310.0% from the prior year.
- Gross Margin came in at 45.19% for Q2 2026 at Purple Innovation, up from 36.76% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 45.19% in Q2 2026 to a low of 29.67% in Q3 2024.
- Average Gross Margin over 5 years is 37.53%, with a median of 37.39% recorded in 2023.
- Year-over-year, Gross Margin sank 1089 bps in 2022 and jumped 1314 bps in 2025.
- Over 5 years, Gross Margin stood at 34.59% in 2022, then dropped by 4 bps to 33.21% in 2023, then grew by 29 bps to 42.86% in 2024, then dropped by 2 bps to 41.92% in 2025, then advanced by 8 bps to 45.19% in 2026.
- Per Business Quant data, the three most recent Gross Margin figures were 45.19% in Q2 2026, 36.76% in Q1 2026, and 41.92% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Somnigroup International | 13.83 Bn | 13.71 Bn | 817.20 Mn | 44.81% |
| 2 | Hni | 3.35 Bn | 3.24 Bn | 647.20 Mn | 43.96% |
| 3 | Millerknoll | 1.44 Bn | 1.28 Bn | 395.60 Mn | 39.39% |
| 4 | La-Z-Boy | 1.24 Bn | 973.39 Mn | 208.66 Mn | 43.87% |
| 5 | Arhaus | 1.15 Bn | 920.89 Mn | 172.07 Mn | 44.71% |
| 6 | MasterBrand | 1.13 Bn | 888.13 Mn | 205.50 Mn | 25.21% |
| 7 | Ethan Allen Interiors | 547.81 Mn | 343.33 Mn | 92.62 Mn | 63.11% |
| 8 | XMax | 519.73 Mn | 484.01 Mn | 1.09 Mn | 39.84% |
| 9 | Flexsteel Industries | 430.04 Mn | 413.36 Mn | 34.62 Mn | 30.01% |
| 10 | Purple Innovation | 15.28 Mn | -8.02 Mn | 44.41 Mn | 45.19% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 45.19% |
| Mar 31, 2026 | 36.76% |
| Dec 31, 2025 | 41.92% |
| Sep 30, 2025 | 42.82% |
| Jun 30, 2025 | 40.45% |
| Mar 31, 2025 | 39.40% |
| Dec 31, 2024 | 42.86% |
| Sep 30, 2024 | 29.67% |
| Jun 30, 2024 | 40.69% |
| Mar 31, 2024 | 34.76% |
| Dec 31, 2023 | 33.21% |
| Sep 30, 2023 | 33.79% |
| Jun 30, 2023 | 30.09% |
| Mar 31, 2023 | 38.02% |
| Dec 31, 2022 | 34.59% |
| Sep 30, 2022 | 41.30% |
| Jun 30, 2022 | 33.87% |
| Mar 31, 2022 | 36.06% |
| Dec 31, 2021 | 34.26% |
| Sep 30, 2021 | 35.77% |