Purple Innovation, Inc. (PRPL) Revenue History
Annual and quarterly revenue from 2014 to 2025
Compound Annual Growth Rate (CAGR)
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PRPL Revenue Growth
Revenue Breakdown (FY 2023)
PRPL's revenue distribution by segment and geography for fiscal year 2023
By Product/Segment
By Geography
PRPL Revenue Analysis (2014–2025)
As of May 6, 2026, Purple Innovation, Inc. (PRPL) generated trailing twelve-month (TTM) revenue of $505.2 million, reflecting explosive growth of +35.1% year-over-year. The most recent quarter (Q1 2026) recorded $140.7 million in revenue, up 0.0% sequentially.
Looking at the longer-term picture, PRPL's 5-year compound annual growth rate (CAGR) stands at -6.3%, indicating revenue contraction over this period. The company achieved its highest annual revenue of $726.2 million in 2021.
Revenue diversification analysis shows PRPL's business is primarily driven by Product (100%). With over half of revenue concentrated in Product, the company maintains significant focus in this area while developing other growth vectors.
When compared to Consumer Cyclical sector peers including SNBR (-99.9% YoY), LEG (-7.5% YoY), and HNI (+41.3% YoY), PRPL has underperformed the peer group in terms of revenue growth. Compare PRPL vs SNBR →
PRPL Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| PRPLCurrent | $505M | +35.1% | -6.3% | -6.8% | |
 SNBR | $1M | -99.9% | -76.2% | -3.3% | |
 LEG | $4.1B | -7.5% | -1.1% | 5.9% | |
 HNI | $2.8B | +41.3% | +7.7% | 8.4% | |
 LOVE | $681M | -0.5% | +23.9% | 2.0% | |
 MLKN | $3.7B | +4.3% | +8.1% | 1.4% |
PRPL Historical Revenue Data (2014–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $468.7M | -3.9% | $188.6M | 40.2% | $-31,642,000 | -6.8% |
| 2024 | $487.9M | -4.4% | $181.1M | 37.1% | $-92,183,000 | -18.9% |
| 2023 | $510.5M | -10.9% | $171.8M | 33.7% | $-113,711,000 | -22.3% |
| 2022 | $573.2M | -21.1% | $208.1M | 36.3% | $-42,754,000 | -7.5% |
| 2021 | $726.2M | +12.0% | $295.0M | 40.6% | $-23,350,000 | -3.2% |
| 2020 | $648.5M | +51.4% | $305.1M | 47.0% | $71.2M | 11.0% |
| 2019 | $428.4M | +49.9% | $189.0M | 44.1% | $16.2M | 3.8% |
| 2018 | $285.8M | +45.2% | $112.6M | 39.4% | $-16,894,000 | -5.9% |
| 2017 | $196.9M | +200.7% | $85.0M | 43.2% | $-8,747,000 | -4.4% |
| 2016 | $65.5M | +1021.3% | $21.5M | 32.8% | $-2,657,000 | -4.1% |
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Start ComparisonPRPL — Frequently Asked Questions
Quick answers to the most common questions about buying PRPL stock.
Is PRPL's revenue growth accelerating or slowing?
PRPL revenue is accelerating at +35.1% year-over-year, exceeding the 5-year CAGR of -6.3%. TTM revenue reached $505M. Growth momentum has increased versus prior periods.
What is PRPL's long-term revenue growth rate?
Purple Innovation, Inc.'s 5-year revenue CAGR of -6.3% reflects the sustained expansion pattern. Current YoY growth of +35.1% is above this long-term average.
How is PRPL's revenue distributed by segment?
PRPL reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2014-2025 are available for download. Segment mix reveals concentration and diversification trends.