Purple Innovation (PRPL) Tax Rate (2017 - 2026)
Purple Innovation (PRPL) reported Tax Rate of 0.15% for Q1 2026, up 6.0% on a YoY basis from 0.15% in Q1 2025, and up 91.74% sequentially from 1.86% in Q4 2025.
Purple Innovation (PRPL) Tax Rate (2017 - 2026) Analysis & Trends
Purple Innovation (PRPL) has 8 years of Tax Rate data on file, last reported at 0.15% in Q1 2026.
- For the quarter ending Q1 2026, Tax Rate rose 6.0% year-over-year to 0.15%; the trailing twelve-month figure through Mar 2026 stood at 0.34% (down 27.0% YoY), and the FY2025 full-year result was 0.4%, down 34.0% from the prior year.
- Tax Rate advanced to 0.15% in Q1 2026, from 1.86% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 120.0% in Q2 2024 to a low of 43.64% in Q3 2022.
- A 5-year average of 1.77% and a median of 0.2% in 2023 frame the typical range for Tax Rate.
- Across the five-year window, Tax Rate tumbled 74790 bps in 2022 and surged 12018 bps in 2024, its largest moves.
- Tracing PRPL's Tax Rate over 5 years: stood at 43.64% in 2022, then soared by 102 bps to 0.83% in 2023, then soared by 58 bps to 1.31% in 2024, then slumped by 242 bps to 1.86% in 2025, then jumped by 92 bps to 0.15% in 2026.
- Business Quant data shows PRPL's Tax Rate at 0.15% in Q1 2026, 1.86% in Q4 2025, and 0.45% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | SharkNinja | 20.70 Bn | 20.19 Bn | 694.97 Mn | 17.69% |
| 2 | Somnigroup International | 14.48 Bn | 14.38 Bn | 776.90 Mn | 24.33% |
| 3 | Mohawk Industries | 6.76 Bn | 5.89 Bn | 641.90 Mn | -8.23% |
| 4 | Alliance Laundry Holdings | 4.98 Bn | 4.85 Bn | 157.19 Mn | 21.37% |
| 5 | Hni | 2.92 Bn | 2.84 Bn | 499.90 Mn | 30.22% |
| 6 | Whirlpool | 2.13 Bn | 1.49 Bn | 415.00 Mn | -27.45% |
| 7 | Interface | 1.90 Bn | 1.83 Bn | 126.72 Mn | 18.34% |
| 8 | La-Z-Boy | 1.57 Bn | 1.28 Bn | 262.76 Mn | 21.52% |
| 9 | Millerknoll | 1.46 Bn | 1.36 Bn | 395.60 Mn | 31.48% |
| 10 | Purple Innovation | 758.70 Mn | 733.73 Mn | 35.20 Mn | -0.15% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -0.15% |
| Mar 31, 2026 | -0.15% |
| Mar 31, 2026 | -0.15% |
| Dec 31, 2025 | -1.86% |
| Dec 31, 2025 | -1.86% |
| Dec 31, 2025 | -1.86% |
| Sep 30, 2025 | -0.45% |
| Sep 30, 2025 | -0.45% |
| Sep 30, 2025 | -0.45% |
| Jun 30, 2025 | -0.31% |
| Jun 30, 2025 | -0.31% |
| Jun 30, 2025 | -0.31% |
| Mar 31, 2025 | -0.21% |
| Mar 31, 2025 | -0.21% |
| Mar 31, 2025 | -0.21% |
| Dec 31, 2024 | 1.31% |
| Dec 31, 2024 | 1.31% |
| Dec 31, 2024 | 1.31% |
| Sep 30, 2024 | -0.16% |
| Sep 30, 2024 | -0.16% |