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
DateValue
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%