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
DateValue
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%