Purple Innovation PRPL
NASDAQ PRPL
$3.65 -0.15 (-3.95%)
As of: Sep 9, 2026 · 3:21 PM EDT

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

Historic Data

Download Data
DateValue
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