Purple Innovation (PRPL) Tax Rate (2017 - 2026)
Purple Innovation recorded quarterly Tax Rate of 0.15% in Q1 2026, up 91.74% quarter-over-quarter from 1.86% in Q4 2025, and up 6.0% year-over-year from 0.15% in Q1 2025.
Purple Innovation's Tax Rate history runs 8 years deep, the most recent figure standing at 0.15% for Q1 2026.
- In Q1 2026, Tax Rate rose 6.0% year-over-year to 0.15%; the TTM figure through Mar 2026 stood at 0.34% (down 27.0% YoY), while the FY2025 annual figure was 0.4%, down 34.0% from the prior year.
- Tax Rate came in at 0.15% for Q1 2026 at Purple Innovation, up 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 2.56% and a median of 0.21% in 2025 frame the typical range for Tax Rate.
- Across the five-year window, Tax Rate plunged 74790 bps in 2022 and soared 12018 bps in 2024, its largest moves.
- Purple Innovation's Tax Rate stood at 43.64% in 2022, then soared by 100 bps to 0.05% in 2023, then soared by 2729 bps to 1.31% in 2024, then plunged by 242 bps to 1.86% in 2025, then soared by 92 bps to 0.15% in 2026.
- According to Business Quant data, Tax Rate over the past three periods registered 0.15%, 1.86%, and 0.45% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | SharkNinja | 15.77 Bn | 15.77 Bn | 694.97 Mn | 17.69 |
| 2 | Somnigroup International | 14.16 Bn | 14.05 Bn | 776.90 Mn | 24.33 |
| 3 | Mohawk Industries | 6.27 Bn | 5.40 Bn | 641.90 Mn | -8.23 |
| 4 | Patrick Industries | 2.94 Bn | 2.91 Bn | 226.86 Mn | 14.79 |
| 5 | Whirlpool | 2.57 Bn | 1.93 Bn | 415.00 Mn | -27.45 |
| 6 | Hni | 2.21 Bn | 2.13 Bn | 499.90 Mn | 30.22 |
| 7 | Interface | 1.69 Bn | 1.63 Bn | 126.72 Mn | 18.34 |
| 8 | La-Z-Boy | 1.51 Bn | 1.22 Bn | 233.51 Mn | 31.34 |
| 9 | Leggett & Platt | 1.40 Bn | 885.79 Mn | 170.70 Mn | 37.30 |
| 10 | Purple Innovation | 43.25 Mn | 18.23 Mn | 35.20 Mn | -0.15 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -0.15 |
| Mar 31, 2026 | -0.15 |
| Dec 31, 2025 | -1.86 |
| Dec 31, 2025 | -1.86 |
| Sep 30, 2025 | -0.45 |
| Sep 30, 2025 | -0.45 |
| Jun 30, 2025 | -0.31 |
| Jun 30, 2025 | -0.31 |
| Mar 31, 2025 | -0.21 |
| Mar 31, 2025 | -0.21 |
| Dec 31, 2024 | 1.31 |
| Dec 31, 2024 | 1.31 |
| Sep 30, 2024 | -0.16 |
| Sep 30, 2024 | -0.16 |
| Jun 30, 2024 | 120.00 |
| Jun 30, 2024 | 120.00 |
| Mar 31, 2024 | -0.12 |
| Mar 31, 2024 | -0.12 |
| Sep 30, 2023 | -0.05 |
| Sep 30, 2023 | -0.05 |
| Jun 30, 2023 | -0.18 |
| Jun 30, 2023 | -0.18 |
| Mar 31, 2023 | -0.28 |
| Mar 31, 2023 | -0.28 |
| Sep 30, 2022 | -43.64 |
| Sep 30, 2022 | -43.64 |
| Jun 30, 2022 | -33.17 |
| Jun 30, 2022 | -33.17 |
| Mar 31, 2022 | -2.26 |
| Mar 31, 2022 | -2.26 |
| Dec 31, 2021 | -5.50 |
| Dec 31, 2021 | -5.50 |
| Sep 30, 2021 | 704.26 |
| Sep 30, 2021 | 704.26 |
| Jun 30, 2021 | -83.66 |
| Jun 30, 2021 | -83.66 |
| Mar 31, 2021 | 18.18 |
| Mar 31, 2021 | 18.18 |
| Dec 31, 2020 | 24.13 |
| Dec 31, 2020 | 24.13 |
| Sep 30, 2020 | 0.12 |
| Sep 30, 2020 | 0.12 |
| Jun 30, 2020 | 26.73 |
| Jun 30, 2020 | 26.73 |
| Mar 31, 2020 | -1.02 |
| Mar 31, 2020 | -1.02 |
| Dec 31, 2017 | -18.25 |
| Dec 31, 2017 | -18.25 |
| Sep 30, 2017 | 7.07 |
| Sep 30, 2017 | 7.07 |
| Jun 30, 2017 | -714.29 |
| Jun 30, 2017 | -714.29 |
| Mar 31, 2017 | -32.68 |
| Mar 31, 2017 | -32.68 |