Purple Innovation (PRPL) Research & Development (2017 - 2026)

Purple Innovation (PRPL) has 10 years of Research & Development data on file, last reported at $2.4 million in Q1 2026.

• For the quarter ending Q1 2026, Research & Development fell 93.32% year-over-year to $2.4 million; the trailing twelve-month figure through Mar 2026 stood at $38.0 million (down 57.27% YoY), and the FY2025 full-year result was $9.6 million, down 94.39% from the prior year.
• Research & Development eased to $2.4 million in Q1 2026, from $2.6 million in the prior quarter.
• In the past five years, Research & Development ranged from a high of $173.3 million in Q4 2023 to a low of $2.4 million in Q3 2025.
• A 5-year average of $32.9 million and a median of $36.6 million in 2025 frame the typical range for Research & Development.
• Across the five-year window, Research & Development jumped 5800.99% in 2023 and sank 94.27% in 2025, its largest moves.
• Tracing PRPL's Research & Development over 5 years: stood at $2.9 million in 2022, then jumped by 5800.99% to $173.3 million in 2023, then sank by 73.76% to $45.5 million in 2024, then slumped by 94.27% to $2.6 million in 2025, then dropped by 6.1% to $2.4 million in 2026.
• Business Quant data shows PRPL's Research & Development at $2.4 million in Q1 2026, $2.6 million in Q4 2025, and $2.4 million in Q3 2025.