Purple Innovation (PRPL) Tax Rate (2017 - 2026)
Purple Innovation's (PRPL) quarterly Tax Rate came in at 0.15% in Q1 2026, up 6.0% year-on-year from 0.15% in Q1 2025, and up 91.74% quarter-over-quarter from 1.86% in Q4 2025.
Purple Innovation (PRPL) Tax Rate (2017 - 2026) Analysis & Trends
Purple Innovation has disclosed Tax Rate across 8 years of filings, most recently posting 0.15% for Q1 2026.
- Tax Rate for Q1 2026 came in at 0.15%, up 6.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 0.34% (down 27.0% YoY), and the FY2025 annual result 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.
- The 5-year median for Tax Rate is 0.21% (2025), against an average of 2.56%.
- Across the five-year window, Tax Rate sank 74790 bps in 2022 and surged 12018 bps in 2024, its largest moves.
- Purple Innovation's Tax Rate stood at 43.64% in 2022, then surged by 100 bps to 0.05% in 2023, then surged by 2729 bps to 1.31% in 2024, then sank by 242 bps to 1.86% in 2025, then surged by 92 bps to 0.15% in 2026.
- The last three Tax Rate figures came in at 0.15% (Q1 2026), 1.86% (Q4 2025), and 0.45% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | SharkNinja | 18.88 Bn | 18.88 Bn | 694.97 Mn | 17.69% |
| 2 | Somnigroup International | 15.17 Bn | 15.07 Bn | 776.90 Mn | 24.33% |
| 3 | Mohawk Industries | 6.64 Bn | 5.77 Bn | 641.90 Mn | -8.23% |
| 4 | Alliance Laundry Holdings | 5.06 Bn | 4.90 Bn | 157.19 Mn | 21.37% |
| 5 | Whirlpool | 2.56 Bn | 1.92 Bn | 415.00 Mn | -27.45% |
| 6 | Hni | 2.43 Bn | 2.35 Bn | 499.90 Mn | 30.22% |
| 7 | Interface | 1.85 Bn | 1.79 Bn | 126.72 Mn | 18.34% |
| 8 | La-Z-Boy | 1.58 Bn | 1.29 Bn | 233.51 Mn | 31.34% |
| 9 | Leggett & Platt | 1.48 Bn | 969.37 Mn | 170.70 Mn | 37.30% |
| 10 | Purple Innovation | 45.67 Mn | 20.66 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% |