Cash Flow Statement
Growth Metrics

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

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DateValue
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