Purple Innovation (PRPL) Research & Development (2017 - 2026)
Purple Innovation (PRPL) posted Research & Development of $2.4 million for Q1 2026, down 6.1% sequentially from $2.6 million in Q4 2025, and down 93.32% YoY from $36.6 million in Q1 2025.
Purple Innovation (PRPL) Research & Development (2017 - 2026) Analysis & Trends
Purple Innovation has reported Research & Development for 10 years, with the latest figure at $2.4 million in Q1 2026.
- Quarterly Research & Development fell 93.32% year-over-year to $2.4 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $38.0 million (down 57.27% YoY) and the FY2025 annual result came in at $9.6 million, down 94.39% from the prior year.
- Research & Development eased to $2.4 million in Q1 2026 per PRPL's latest filing, from $2.6 million in the prior quarter.
- Over five years, Research & Development peaked at $173.3 million in Q4 2023 and troughed at $2.4 million in Q3 2025.
- A 5-year average of $32.9 million and a median of $36.6 million in 2025 frame the typical range for Research & Development.
- The sharpest annual moves came in 2023 and 2025: Research & Development soared 5800.99% in 2023, then tumbled 94.27% in 2025.
- Over 5 years, Research & Development stood at $2.9 million in 2022, then jumped by 5800.99% to $173.3 million in 2023, then plunged by 73.76% to $45.5 million in 2024, then sank by 94.27% to $2.6 million in 2025, then retreated 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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | SharkNinja | 25.41 Bn | 24.63 Bn | 860.34 Mn | 441.51 Mn |
| 2 | Somnigroup International | 13.51 Bn | 13.40 Bn | 817.20 Mn | 453.50 Mn |
| 3 | Mohawk Industries | 8.08 Bn | 7.23 Bn | 795.10 Mn | - |
| 4 | Alliance Laundry Holdings | 4.59 Bn | 4.41 Bn | 189.90 Mn | - |
| 5 | Hni | 3.43 Bn | 3.32 Bn | 647.20 Mn | - |
| 6 | Whirlpool | 2.64 Bn | 1.40 Bn | 442.00 Mn | - |
| 7 | Interface | 2.26 Bn | 2.18 Bn | 178.08 Mn | - |
| 8 | Millerknoll | 1.56 Bn | 1.40 Bn | 395.60 Mn | 35.40 Mn |
| 9 | MasterBrand | 1.41 Bn | 1.17 Bn | 205.50 Mn | - |
| 10 | Purple Innovation | 24.25 Mn | 946,210.75 | 44.41 Mn | 33.73 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 33.73 Mn |
| Mar 31, 2026 | 2.45 Mn |
| Dec 31, 2025 | 2.61 Mn |
| Sep 30, 2025 | 2.37 Mn |
| Jun 30, 2025 | 30.62 Mn |
| Mar 31, 2025 | 36.63 Mn |
| Dec 31, 2024 | 45.49 Mn |
| Sep 30, 2024 | 2.92 Mn |
| Jun 30, 2024 | 3.99 Mn |
| Mar 31, 2024 | 41.46 Mn |
| Dec 31, 2023 | 173.31 Mn |
| Sep 30, 2023 | 2.70 Mn |
| Jun 30, 2023 | 46.38 Mn |
| Mar 31, 2023 | 38.17 Mn |
| Dec 31, 2022 | 2.94 Mn |
| Sep 30, 2022 | 37.01 Mn |
| Jun 30, 2022 | 40.37 Mn |
| Mar 31, 2022 | 49.96 Mn |
| Dec 31, 2021 | -156.11 Mn |
| Sep 30, 2021 | 48.84 Mn |