Purple Innovation (PRPL) Operating Expenses (2016 - 2026)
Purple Innovation's Operating Expenses came in at $48.66 million for Q2 2026, down 14.3% from $56.75 million a year earlier and down 6.5% from the prior quarter.
Purple Innovation (PRPL) Operating Expenses (2016 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Purple Innovation reported Operating Expenses of $224.84 million, down 12.6% year-over-year; for FY2025, it was $231.59 million, down 15.3% from FY2024.
- Operating Expenses carries a five-year compound annual growth rate of -0.2% (FY2020 to FY2025).
- Going back by year, Operating Expenses was $273.32 million in FY2024 (-4.3%), $285.54 million in FY2023 (+13.8%), $250.85 million in FY2022 (-21.2%) and $318.32 million in FY2021 (+36.1%).
- The Q2 2026 figure represents the lowest quarterly Operating Expenses since Q1 2020.
- Year-over-year, Operating Expenses has declined for seven consecutive quarters, with an average decline of 8.9% over the last eight quarters.
- The fastest year-over-year change in Operating Expenses over five years came in Q3 2023 (growth of 37.6%), and the weakest in Q4 2022 (a decline of 35.4%).
- Business Quant data shows PRPL's Operating Expenses at $52.04 million (Q1 2026), $61.16 million (Q4 2025) and $62.98 million (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | SharkNinja | 25.70 Bn | 23.37 Bn | 860.34 Mn | 680.96 Mn |
| 2 | Somnigroup International | 13.10 Bn | 12.64 Bn | 817.20 Mn | - |
| 3 | Hni | 3.37 Bn | 2.94 Bn | 647.20 Mn | 550.90 Mn |
| 4 | Newell Brands | 2.27 Bn | 1.42 Bn | 812.00 Mn | 529.00 Mn |
| 5 | Sonos | 2.11 Bn | 1.01 Bn | 189.31 Mn | 157.78 Mn |
| 6 | Whirlpool | 1.99 Bn | -1.49 Bn | 442.00 Mn | 412.00 Mn |
| 7 | Corsair Gaming | 1.46 Bn | 999.46 Mn | 104.29 Mn | 96.68 Mn |
| 8 | Millerknoll | 1.37 Bn | 735.34 Mn | 385.30 Mn | 333.50 Mn |
| 9 | Cricut | 1.34 Bn | 317.37 Mn | 116.41 Mn | 68.99 Mn |
| 10 | Purple Innovation | 10.14 Mn | -94.94 Mn | 44.41 Mn | 48.66 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 48.66 Mn |
| Mar 31, 2026 | 52.04 Mn |
| Dec 31, 2025 | 61.16 Mn |
| Sep 30, 2025 | 62.98 Mn |
| Jun 30, 2025 | 56.75 Mn |
| Mar 31, 2025 | 55.53 Mn |
| Dec 31, 2024 | 62.97 Mn |
| Sep 30, 2024 | 82.01 Mn |
| Jun 30, 2024 | 63.48 Mn |
| Mar 31, 2024 | 64.86 Mn |
| Dec 31, 2023 | 64.66 Mn |
| Sep 30, 2023 | 79.92 Mn |
| Jun 30, 2023 | 75.74 Mn |
| Mar 31, 2023 | 65.21 Mn |
| Dec 31, 2022 | 61.86 Mn |
| Sep 30, 2022 | 58.10 Mn |
| Jun 30, 2022 | 60.90 Mn |
| Mar 31, 2022 | 69.99 Mn |
| Dec 31, 2021 | 95.82 Mn |
| Sep 30, 2021 | 67.66 Mn |
Purple Innovation Operating Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-expenses&ticker=PRPL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "PRPL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=operating-expenses&ticker=PRPL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();