Purple Innovation (PRPL) Research & Development (2017 - 2026)
Purple Innovation's (PRPL) quarterly Research & Development came in at $33.7 million in Q2 2026, down 4.84% year-over-year from $35.4 million in Q2 2025, and up 6.9% quarter-over-quarter from $31.6 million in Q1 2026.
Analysis
Purple Innovation (PRPL) Research & Development (2017 - 2026) Analysis & Trends
Purple Innovation has disclosed Research & Development across 10 years of filings, most recently posting $33.7 million for Q2 2026.
- In Q2 2026, Research & Development fell 4.84% year-over-year to $33.7 million; the TTM figure through Jun 2026 stood at $145.1 million (down 9.6% YoY), while the FY2025 annual figure was $147.0 million, down 14.14% from the prior year.
- Research & Development came in at $33.7 million for Q2 2026 at Purple Innovation, up from $31.6 million in the prior quarter.
- In the past five years, Research & Development ranged from a high of $52.8 million in Q3 2023 to a low of $31.6 million in Q1 2026.
- Average Research & Development over 5 years is $40.9 million, with a median of $40.2 million recorded in 2022.
- Year-over-year, Research & Development slumped 50.09% in 2022 and jumped 42.72% in 2023.
- Over 5 years, Research & Development stood at $38.0 million in 2022, then climbed by 18.12% to $44.9 million in 2023, then gained by 1.2% to $45.5 million in 2024, then dropped by 12.77% to $39.7 million in 2025, then fell by 14.98% to $33.7 million in 2026.
- Per Business Quant data, the three most recent Research & Development figures were $33.7 million in Q2 2026, $31.6 million in Q1 2026, and $39.7 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Somnigroup International | 14.70 Bn | 14.60 Bn | 817.20 Mn | 453.50 Mn |
| 2 | Hni | 3.58 Bn | 3.48 Bn | 647.20 Mn | - |
| 3 | Millerknoll | 1.56 Bn | 1.46 Bn | 395.60 Mn | 35.40 Mn |
| 4 | La-Z-Boy | 1.31 Bn | 1.06 Bn | 208.66 Mn | - |
| 5 | MasterBrand | 1.31 Bn | 1.07 Bn | 205.50 Mn | - |
| 6 | Arhaus | 1.24 Bn | 1.01 Bn | 172.07 Mn | - |
| 7 | Ethan Allen Interiors | 566.80 Mn | 362.23 Mn | 92.62 Mn | - |
| 8 | XMax | 553.09 Mn | 517.36 Mn | 1.09 Mn | - |
| 9 | Flexsteel Industries | 337.43 Mn | 320.75 Mn | 34.62 Mn | - |
| 10 | Purple Innovation | 16.58 Mn | -6.75 Mn | 44.41 Mn | 33.73 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 33.73 Mn |
| Mar 31, 2026 | 31.56 Mn |
| Dec 31, 2025 | 39.68 Mn |
| Sep 30, 2025 | 40.12 Mn |
| Jun 30, 2025 | 35.45 Mn |
| Mar 31, 2025 | 36.63 Mn |
| Dec 31, 2024 | 45.49 Mn |
| Sep 30, 2024 | 42.94 Mn |
| Jun 30, 2024 | 41.38 Mn |
| Mar 31, 2024 | 41.46 Mn |
| Dec 31, 2023 | 44.95 Mn |
| Sep 30, 2023 | 52.82 Mn |
| Jun 30, 2023 | 46.38 Mn |
| Mar 31, 2023 | 38.17 Mn |
| Dec 31, 2022 | 38.05 Mn |
| Sep 30, 2022 | 37.01 Mn |
| Jun 30, 2022 | 40.37 Mn |
| Mar 31, 2022 | 49.96 Mn |
| Dec 31, 2021 | 76.24 Mn |
| Sep 30, 2021 | 48.84 Mn |