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
DateValue
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