Purple Innovation (PRPL) Gross Margin (2017 - 2026)
Purple Innovation (PRPL) reported Gross Margin of 36.76% for Q1 2026, down 264.0% on a YoY basis from 22.42% in Q1 2025, and down 12.3% sequentially from 41.92% in Q4 2025.
Purple Innovation (PRPL) Gross Margin (2017 - 2026) Analysis & Trends
Purple Innovation (PRPL) has 10 years of Gross Margin data on file, last reported at 36.76% in Q1 2026.
- For the quarter ending Q1 2026, Gross Margin fell 264.0% year-over-year to 36.76%; the trailing twelve-month figure through Mar 2026 stood at 39.69% (up 146.0% YoY), and the FY2025 full-year result was 40.23%, up 310.0% from the prior year.
- Gross Margin slipped to 36.76% in Q1 2026, from 41.92% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 42.86% in Q4 2024 to a low of 100.0% in Q2 2022.
- A 5-year average of 28.72% and a median of 35.85% in 2025 frame the typical range for Gross Margin.
- Across the five-year window, Gross Margin tumbled 14474 bps in 2022 and surged 13009 bps in 2023, its largest moves.
- Tracing PRPL's Gross Margin over 5 years: stood at 34.59% in 2022, then slipped by 4 bps to 33.21% in 2023, then climbed by 29 bps to 42.86% in 2024, then slipped by 2 bps to 41.92% in 2025, then retreated by 12 bps to 36.76% in 2026.
- Business Quant data shows PRPL's Gross Margin at 36.76% in Q1 2026, 41.92% in Q4 2025, and 42.82% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | SharkNinja | 20.70 Bn | 20.19 Bn | 694.97 Mn | 49.19% |
| 2 | Somnigroup International | 14.48 Bn | 14.38 Bn | 776.90 Mn | 43.13% |
| 3 | Mohawk Industries | 6.76 Bn | 5.89 Bn | 641.90 Mn | 23.52% |
| 4 | Alliance Laundry Holdings | 4.98 Bn | 4.85 Bn | 157.19 Mn | 36.82% |
| 5 | Hni | 2.92 Bn | 2.84 Bn | 499.90 Mn | 37.10% |
| 6 | Whirlpool | 2.13 Bn | 1.49 Bn | 415.00 Mn | 12.68% |
| 7 | Interface | 1.90 Bn | 1.83 Bn | 126.72 Mn | 38.28% |
| 8 | La-Z-Boy | 1.57 Bn | 1.28 Bn | 262.76 Mn | 46.07% |
| 9 | Millerknoll | 1.46 Bn | 1.36 Bn | 395.60 Mn | 39.39% |
| 10 | Purple Innovation | 758.70 Mn | 733.73 Mn | 35.20 Mn | 36.76% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 36.76% |
| Dec 31, 2025 | 41.92% |
| Sep 30, 2025 | 42.82% |
| Jun 30, 2025 | 35.85% |
| 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 | 34.42% |
| Dec 31, 2022 | 34.59% |
| Sep 30, 2022 | 41.30% |
| Jun 30, 2022 | -100.00% |
| Mar 31, 2022 | 36.06% |
| Dec 31, 2021 | 34.26% |
| Sep 30, 2021 | 35.77% |
| Jun 30, 2021 | 44.74% |