Purple Innovation (PRPL) Gross Margin (2017 - 2026)
Purple Innovation recorded quarterly Gross Margin of 36.76% in Q1 2026, down 12.3% quarter-over-quarter from 41.92% in Q4 2025, and down 264.0% year-over-year from 22.42% in Q1 2025.
Purple Innovation's Gross Margin history runs 10 years deep, the most recent figure standing at 36.76% for Q1 2026.
- In Q1 2026, Gross Margin fell 264.0% year-over-year to 36.76%; the TTM figure through Mar 2026 stood at 39.69% (up 146.0% YoY), while the FY2025 annual figure was 40.23%, up 310.0% from the prior year.
- Gross Margin came in at 36.76% for Q1 2026 at Purple Innovation, down from 41.92% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 2185.19% in Q3 2022 to a low of 0.67% in Q1 2022.
- A 5-year average of 170.07% and a median of 36.31% in 2025 frame the typical range for Gross Margin.
- Across the five-year window, Gross Margin soared 214942 bps in 2022 and tumbled 215139 bps in 2023, its largest moves.
- Purple Innovation's Gross Margin stood at 34.59% in 2022, then retreated by 2 bps to 33.79% in 2023, then climbed by 27 bps to 42.86% in 2024, then declined by 2 bps to 41.92% in 2025, then slipped by 12 bps to 36.76% in 2026.
- According to Business Quant data, Gross Margin over the past three periods registered 36.76%, 41.92%, and 42.82% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | SharkNinja | 15.77 Bn | 15.77 Bn | 694.97 Mn | 49.19% |
| 2 | Somnigroup International | 14.16 Bn | 14.05 Bn | 776.90 Mn | 43.13% |
| 3 | Mohawk Industries | 6.27 Bn | 5.40 Bn | 641.90 Mn | 23.52% |
| 4 | Patrick Industries | 2.94 Bn | 2.91 Bn | 226.86 Mn | 22.75% |
| 5 | Whirlpool | 2.57 Bn | 1.93 Bn | 415.00 Mn | 12.68% |
| 6 | Hni | 2.21 Bn | 2.13 Bn | 499.90 Mn | 37.10% |
| 7 | Interface | 1.69 Bn | 1.63 Bn | 126.72 Mn | 38.28% |
| 8 | La-Z-Boy | 1.51 Bn | 1.22 Bn | 233.51 Mn | 43.12% |
| 9 | Leggett & Platt | 1.40 Bn | 885.79 Mn | 170.70 Mn | 18.59% |
| 10 | Purple Innovation | 43.25 Mn | 18.23 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% |
| Sep 30, 2023 | 33.79% |
| Jun 30, 2023 | 30.09% |
| Mar 31, 2023 | 59.62% |
| Dec 31, 2022 | 34.59% |
| Sep 30, 2022 | 2,185.19% |
| Jun 30, 2022 | 33.73% |
| Mar 31, 2022 | -0.67% |
| Dec 31, 2021 | 34.26% |
| Sep 30, 2021 | 35.77% |
| Jun 30, 2021 | 44.74% |
| Mar 31, 2021 | 46.95% |
| Dec 31, 2020 | 47.17% |
| Sep 30, 2020 | 47.17% |
| Jun 30, 2020 | 49.44% |
| Mar 31, 2020 | 43.46% |
| Dec 31, 2019 | 47.66% |
| Sep 30, 2019 | 45.04% |
| Jun 30, 2019 | 41.54% |
| Mar 31, 2019 | 40.73% |
| Dec 31, 2018 | 34.21% |
| Sep 30, 2018 | 39.72% |
| Jun 30, 2018 | 42.00% |
| Mar 31, 2018 | 42.48% |
| Dec 31, 2017 | 41.12% |
| Sep 30, 2017 | 43.00% |
| Jun 30, 2017 | 43.64% |
| Mar 31, 2017 | 47.13% |