Purple Innovation (PRPL) Research & Development (2017 - 2026)
Purple Innovation's (PRPL) quarterly Research & Development came in at $2.4 million in Q1 2026, little changed year-on-year from $2.5 million in Q1 2025, and down 6.1% quarter-over-quarter from $2.6 million in Q4 2025.
Purple Innovation (PRPL) Research & Development (2017 - 2026) Analysis & Trends
Purple Innovation has disclosed Research & Development across 10 years of filings, most recently posting $2.4 million for Q1 2026.
- Research & Development for Q1 2026 came in at $2.4 million, changed 0.16% year-over-year; the trailing twelve-month figure through Mar 2026 was $9.6 million (down 18.28% YoY), and the FY2025 annual result was $9.6 million, down 25.91% from the prior year.
- Research & Development came in at $2.4 million for Q1 2026 at Purple Innovation, down from $2.6 million in the prior quarter.
- In the past five years, Research & Development ranged from a high of $4.0 million in Q2 2024 to a low of $1.7 million in Q2 2022.
- The 5-year median for Research & Development is $2.5 million (2025), against an average of $2.7 million.
- Across the five-year window, Research & Development surged 94.63% in 2022 and tumbled 45.36% in 2025, its largest moves.
- Purple Innovation's Research & Development stood at $2.9 million in 2022, then dropped by 7.93% to $2.7 million in 2023, then dropped by 11.61% to $2.4 million in 2024, then advanced by 9.08% to $2.6 million in 2025, then declined by 6.1% to $2.4 million in 2026.
- The last three Research & Development figures came in at $2.4 million (Q1 2026), $2.6 million (Q4 2025), and $2.4 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | SharkNinja | 18.88 Bn | 18.88 Bn | 694.97 Mn | 98.88 Mn |
| 2 | Somnigroup International | 15.17 Bn | 15.07 Bn | 776.90 Mn | - |
| 3 | Mohawk Industries | 6.64 Bn | 5.77 Bn | 641.90 Mn | - |
| 4 | Alliance Laundry Holdings | 5.06 Bn | 4.90 Bn | 157.19 Mn | - |
| 5 | Whirlpool | 2.56 Bn | 1.92 Bn | 415.00 Mn | - |
| 6 | Hni | 2.43 Bn | 2.35 Bn | 499.90 Mn | - |
| 7 | Interface | 1.85 Bn | 1.79 Bn | 126.72 Mn | - |
| 8 | La-Z-Boy | 1.58 Bn | 1.29 Bn | 233.51 Mn | - |
| 9 | Leggett & Platt | 1.48 Bn | 969.37 Mn | 170.70 Mn | - |
| 10 | Purple Innovation | 45.67 Mn | 20.66 Mn | 35.20 Mn | 2.45 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 2.45 Mn |
| Dec 31, 2025 | 2.61 Mn |
| Sep 30, 2025 | 2.37 Mn |
| Jun 30, 2025 | 2.18 Mn |
| Mar 31, 2025 | 2.45 Mn |
| Dec 31, 2024 | 2.39 Mn |
| Sep 30, 2024 | 2.92 Mn |
| Jun 30, 2024 | 3.99 Mn |
| Mar 31, 2024 | 3.67 Mn |
| Sep 30, 2023 | 2.70 Mn |
| Jun 30, 2023 | 2.93 Mn |
| Mar 31, 2023 | 3.37 Mn |
| Dec 31, 2022 | 2.94 Mn |
| Sep 30, 2022 | 1.93 Mn |
| Jun 30, 2022 | 1.75 Mn |
| Mar 31, 2022 | 2.14 Mn |
| Dec 31, 2021 | 1.51 Mn |
| Sep 30, 2021 | 1.78 Mn |
| Jun 30, 2021 | 1.92 Mn |
| Mar 31, 2021 | 1.72 Mn |