Purple Innovation (PRPL) Operating Leases (2020 - 2026)
Purple Innovation's Operating Leases came in at $71.21 million for Q2 2026, down 15.9% from $84.65 million a year earlier and down 5.1% from the prior quarter.
Purple Innovation (PRPL) Operating Leases (2020 - 2026) Analysis & Trends
At the end of FY2025, Purple Innovation's Operating Leases was $75.62 million, down 13.2% from FY2024.
- Operating Leases has declined in each of the last three years, though with a five-year compound annual growth rate of 9.1% (FY2020 to FY2025).
- Going back by year, Operating Leases was $87.07 million in FY2024 (-20.2%), $109.09 million in FY2023 (-5.6%), $115.6 million in FY2022 (+42.4%) and $81.16 million in FY2021 (+65.8%).
- The Q2 2026 figure represents the lowest quarterly Operating Leases since Q2 2021.
- Year-over-year, Operating Leases has declined for 12 consecutive quarters, with an average decline of 16.1% over the last eight quarters.
- The fastest year-over-year change in Operating Leases over five years came in Q4 2021 (growth of 65.8%), and the weakest in Q3 2024 (a decline of 25.0%).
- Business Quant data shows PRPL's Operating Leases at $75 million (Q1 2026), $75.62 million (Q4 2025) and $80.84 million (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | SharkNinja | 25.70 Bn | 23.37 Bn | 860.34 Mn |
| 2 | Somnigroup International | 13.10 Bn | 12.64 Bn | 817.20 Mn |
| 3 | Hni | 3.37 Bn | 2.94 Bn | 647.20 Mn |
| 4 | Newell Brands | 2.27 Bn | 1.42 Bn | 812.00 Mn |
| 5 | Sonos | 2.11 Bn | 1.01 Bn | 189.31 Mn |
| 6 | Whirlpool | 1.99 Bn | -1.49 Bn | 442.00 Mn |
| 7 | Corsair Gaming | 1.46 Bn | 999.46 Mn | 104.29 Mn |
| 8 | Millerknoll | 1.37 Bn | 735.34 Mn | 385.30 Mn |
| 9 | Cricut | 1.34 Bn | 317.37 Mn | 116.41 Mn |
| 10 | Purple Innovation | 10.14 Mn | -94.94 Mn | 44.41 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 71.21 Mn |
| Mar 31, 2026 | 75.00 Mn |
| Dec 31, 2025 | 75.62 Mn |
| Sep 30, 2025 | 80.84 Mn |
| Jun 30, 2025 | 84.65 Mn |
| Mar 31, 2025 | 88.28 Mn |
| Dec 31, 2024 | 87.07 Mn |
| Sep 30, 2024 | 85.62 Mn |
| Jun 30, 2024 | 102.22 Mn |
| Mar 31, 2024 | 105.62 Mn |
| Dec 31, 2023 | 109.09 Mn |
| Sep 30, 2023 | 114.20 Mn |
| Jun 30, 2023 | 113.55 Mn |
| Mar 31, 2023 | 115.31 Mn |
| Dec 31, 2022 | 115.60 Mn |
| Sep 30, 2022 | 114.44 Mn |
| Jun 30, 2022 | 103.46 Mn |
| Mar 31, 2022 | 89.39 Mn |
| Dec 31, 2021 | 81.16 Mn |
| Sep 30, 2021 | 75.34 Mn |
Purple Innovation Operating Leases 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-leases&ticker=PRPL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-leases", "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-leases&ticker=PRPL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();