Cash Flow Statement
Growth Metrics

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 🔒
DateValue
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