Growth Metrics

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

Purple Innovation's Research & Development history spans 9 years, with the latest figure at $2.4 million for Q3 2025.

  • For Q3 2025, Research & Development fell 18.94% year-over-year to $2.4 million; the TTM value through Sep 2025 reached $9.4 million, down 30.31%, while the annual FY2024 figure was $13.0 million, 8.94% up from the prior year.
  • Research & Development for Q3 2025 was $2.4 million at Purple Innovation, up from $2.2 million in the prior quarter.
  • Across five years, Research & Development topped out at $4.0 million in Q2 2024 and bottomed at $1.5 million in Q4 2021.
  • The 5-year median for Research & Development is $2.4 million (2024), against an average of $2.5 million.
  • The largest annual shift saw Research & Development soared 94.63% in 2022 before it tumbled 45.36% in 2025.
  • A 5-year view of Research & Development shows it stood at $1.5 million in 2021, then skyrocketed by 94.63% to $2.9 million in 2022, then decreased by 1.36% to $2.9 million in 2023, then fell by 17.5% to $2.4 million in 2024, then fell by 0.96% to $2.4 million in 2025.
  • Per Business Quant, the three most recent readings for PRPL's Research & Development are $2.4 million (Q3 2025), $2.2 million (Q2 2025), and $2.5 million (Q1 2025).