Purple Innovation (PRPL) Research & Development (2017 - 2026)
Purple Innovation's Research & Development came in at $2.49 million for Q2 2026, up 14.1% from $2.18 million a year earlier and up 1.5% from the prior quarter.
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Analysis
Purple Innovation (PRPL) Research & Development (2017 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Purple Innovation reported Research & Development of $9.91 million, down 0.3% year-over-year; for FY2025, it was $9.6 million, down 25.9% from FY2024.
- Research & Development carries a five-year compound annual growth rate of 10.0% (FY2020 to FY2025).
- Going back by year, Research & Development was $12.96 million in FY2024 (+8.9%), $11.9 million in FY2023 (+35.9%), $8.76 million in FY2022 (+26.2%) and $6.94 million in FY2021 (+16.5%).
- The five-year range for quarterly Research & Development is $1.51 million (Q4 2021) to $3.99 million (Q2 2024).
- Year-over-year, Research & Development increased in three of the last eight quarters, with an average decline of 10.5%.
- The fastest year-over-year change in Research & Development over five years came in Q4 2022 (growth of 94.6%), and the weakest in Q2 2025 (a decline of 45.4%).
- Business Quant data shows PRPL's Research & Development at $2.45 million (Q1 2026), $2.61 million (Q4 2025) and $2.37 million (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | SharkNinja | 25.70 Bn | 23.37 Bn | 860.34 Mn | 109.33 Mn |
| 2 | Somnigroup International | 13.10 Bn | 12.64 Bn | 817.20 Mn | - |
| 3 | Hni | 3.37 Bn | 2.94 Bn | 647.20 Mn | - |
| 4 | Newell Brands | 2.27 Bn | 1.42 Bn | 812.00 Mn | - |
| 5 | Sonos | 2.11 Bn | 1.01 Bn | 189.31 Mn | 67.88 Mn |
| 6 | Whirlpool | 1.99 Bn | -1.49 Bn | 442.00 Mn | - |
| 7 | Corsair Gaming | 1.46 Bn | 999.46 Mn | 104.29 Mn | 15.45 Mn |
| 8 | Millerknoll | 1.37 Bn | 735.34 Mn | 385.30 Mn | 25.00 Mn |
| 9 | Cricut | 1.34 Bn | 317.37 Mn | 116.41 Mn | 16.86 Mn |
| 10 | Purple Innovation | 10.14 Mn | -94.94 Mn | 44.41 Mn | 2.49 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.49 Mn |
| 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 |
| Dec 31, 2023 | 2.90 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 |
API Access
Purple Innovation Research & Development API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=research-and-development&ticker=PRPL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "PRPL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=research-and-development&ticker=PRPL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();