Purple Innovation (PRPL) Research & Development (2017 - 2026)
Purple Innovation recorded quarterly Research & Development of $2.4 million in Q1 2026, down 6.1% quarter-over-quarter from $2.6 million in Q4 2025, and little changed year-over-year from $2.5 million in Q1 2025.
Purple Innovation's Research & Development history runs 10 years deep, the most recent figure standing at $2.4 million for Q1 2026.
- In Q1 2026, Research & Development changed 0.16% year-over-year to $2.4 million; the TTM figure through Mar 2026 stood at $9.6 million (down 18.28% YoY), while the FY2025 annual figure 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.
- A 5-year average of $2.7 million and a median of $2.5 million in 2025 frame the typical range for Research & Development.
- Across the five-year window, Research & Development soared 94.63% in 2022 and slumped 45.36% in 2025, its largest moves.
- Purple Innovation's Research & Development stood at $2.9 million in 2022, then declined by 7.93% to $2.7 million in 2023, then declined by 11.61% to $2.4 million in 2024, then climbed by 9.08% to $2.6 million in 2025, then fell by 6.1% to $2.4 million in 2026.
- According to Business Quant data, Research & Development over the past three periods registered $2.4 million, $2.6 million, and $2.4 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | SharkNinja | 15.77 Bn | 15.77 Bn | 694.97 Mn | 98.88 Mn |
| 2 | Somnigroup International | 14.16 Bn | 14.05 Bn | 776.90 Mn | - |
| 3 | Mohawk Industries | 6.27 Bn | 5.40 Bn | 641.90 Mn | - |
| 4 | Patrick Industries | 2.94 Bn | 2.91 Bn | 226.86 Mn | - |
| 5 | Whirlpool | 2.57 Bn | 1.93 Bn | 415.00 Mn | - |
| 6 | Hni | 2.21 Bn | 2.13 Bn | 499.90 Mn | - |
| 7 | Interface | 1.69 Bn | 1.63 Bn | 126.72 Mn | - |
| 8 | La-Z-Boy | 1.51 Bn | 1.22 Bn | 233.51 Mn | - |
| 9 | Leggett & Platt | 1.40 Bn | 885.79 Mn | 170.70 Mn | - |
| 10 | Purple Innovation | 43.25 Mn | 18.23 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 |
| Dec 31, 2020 | 1.24 Mn |
| Sep 30, 2020 | 1.69 Mn |
| Jun 30, 2020 | 1.58 Mn |
| Mar 31, 2020 | 1.45 Mn |
| Dec 31, 2019 | 860,000.00 |
| Sep 30, 2019 | 1.07 Mn |
| Jun 30, 2019 | 1.24 Mn |
| Mar 31, 2019 | 690,000.00 |
| Dec 31, 2018 | 451,000.00 |
| Sep 30, 2018 | 578,000.00 |
| Jun 30, 2018 | 555,000.00 |
| Mar 31, 2018 | 511,000.00 |
| Dec 31, 2017 | 483,000.00 |
| Sep 30, 2017 | 356,000.00 |
| Jun 30, 2017 | 271,000.00 |
| Mar 31, 2017 | 277,000.00 |