Growth Metrics

Purple Innovation (PRPL) Research & Development (2017 - 2025)

Historic Research & Development for Purple Innovation (PRPL) over the last 9 years, with Q3 2025 value amounting to $2.4 million.

  • Purple Innovation's Research & Development fell 1893.84% to $2.4 million in Q3 2025 from the same period last year, while for Sep 2025 it was $9.4 million, marking a year-over-year decrease of 3030.66%. This contributed to the annual value of $13.0 million for FY2024, which is 894.27% up from last year.
  • Per Purple Innovation's latest filing, its Research & Development stood at $2.4 million for Q3 2025, which was down 1893.84% from $2.2 million recorded in Q2 2025.
  • In the past 5 years, Purple Innovation's Research & Development ranged from a high of $4.0 million in Q2 2024 and a low of $1.5 million during Q4 2021
  • Moreover, its 5-year median value for Research & Development was $2.4 million (2024), whereas its average is $2.5 million.
  • Per our database at Business Quant, Purple Innovation's Research & Development surged by 9463.22% in 2022 and then plummeted by 4535.88% in 2025.
  • Purple Innovation's Research & Development (Quarter) stood at $1.5 million in 2021, then surged by 94.63% to $2.9 million in 2022, then decreased by 1.36% to $2.9 million in 2023, then decreased by 17.5% to $2.4 million in 2024, then fell by 0.96% to $2.4 million in 2025.
  • Its Research & Development was $2.4 million in Q3 2025, compared to $2.2 million in Q2 2025 and $2.5 million in Q1 2025.