Purple Innovation (PRPL) Tax Rate (2017 - 2026)
Purple Innovation (PRPL) posted Tax Rate of 0.15% for Q1 2026, up 91.74% sequentially from 1.86% in Q4 2025, and up 6.0% YoY from 0.15% in Q1 2025.
Purple Innovation (PRPL) Tax Rate (2017 - 2026) Analysis & Trends
Purple Innovation has reported Tax Rate for 8 years, with the latest figure at 0.15% in Q1 2026.
- Quarterly Tax Rate rose 6.0% year-over-year to 0.15% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 0.34% (down 27.0% YoY) and the FY2025 annual result came in at 0.4%, down 34.0% from the prior year.
- Tax Rate advanced to 0.15% in Q1 2026 per PRPL's latest filing, from 1.86% in the prior quarter.
- Over five years, Tax Rate peaked at 120.0% in Q2 2024 and troughed at 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.
- The sharpest annual moves came in 2022 and 2024: Tax Rate sank 74790 bps in 2022, then jumped 12018 bps in 2024.
- Over 5 years, Tax Rate 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 sank by 242 bps to 1.86% in 2025, then jumped 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 | 25.62 Bn | 24.84 Bn | 860.34 Mn | 20.71% |
| 2 | Somnigroup International | 13.66 Bn | 13.55 Bn | 817.20 Mn | 25.17% |
| 3 | Mohawk Industries | 8.27 Bn | 7.42 Bn | 795.10 Mn | 21.05% |
| 4 | Alliance Laundry Holdings | 4.66 Bn | 4.48 Bn | 189.90 Mn | 21.82% |
| 5 | Hni | 3.53 Bn | 3.42 Bn | 647.20 Mn | 28.23% |
| 6 | Whirlpool | 2.64 Bn | 1.40 Bn | 442.00 Mn | 3.13% |
| 7 | Interface | 2.25 Bn | 2.17 Bn | 178.08 Mn | 27.42% |
| 8 | Millerknoll | 1.58 Bn | 1.41 Bn | 395.60 Mn | 31.48% |
| 9 | MasterBrand | 1.40 Bn | 1.16 Bn | 205.50 Mn | -18.76% |
| 10 | Purple Innovation | 23.94 Mn | 641,500.00 | 44.41 Mn | -1.00% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -1.00% |
| Jun 30, 2026 | -1.00% |
| Jun 30, 2026 | -1.00% |
| 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% |