Purple Innovation, Inc. (PRPL) Revenue History
Annual and quarterly revenue from 2014 to present
PRPL Revenue Over Time (2014–2025)
PRPL Revenue Growth History
7 of 11 years with positive growth- FY2014 revenue growth
- N/A
- FY2015 revenue growth
- +35.6%
- FY2016 revenue growth
- +1021.3%
- FY2017 revenue growth
- +200.7%
- FY2018 revenue growth
- +45.2%
- FY2019 revenue growth
- +49.9%
- FY2020 revenue growth
- +51.4%
- FY2021 revenue growth
- +12.0%
- FY2022 revenue growth
- -21.1%
- FY2023 revenue growth
- -10.9%
- FY2024 revenue growth
- -4.4%
- FY2025 revenue growth
- -3.9%
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $96.5M | -18.7% |
| Q2 2026 | $98.3M | -6.5% |
| Q1 2026 | $95.7M | -8.1% |
| Q4 2025 | $140.7M | +9.1% |
| Q3 2025 | $118.8M | +0.1% |
| Q2 2025 | $105.1M | -12.6% |
| Q1 2025 | $104.2M | -13.2% |
| Q4 2024 | $129.0M | -11.6% |
Multi-year avg. share of annual revenue by fiscal quarter
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)
Current Revenue & Growth
As of November 8, 2026, Purple Innovation, Inc. (PRPL) generated trailing twelve-month (TTM) revenue of $431.2 million, reflecting significant decline in growth of -18.7% year-over-year. The most recent quarter (Q3 2026) recorded $96.5 million in revenue, down 1.8% sequentially.
Historical Growth Trajectory
PRPL's 5-year compound annual growth rate (CAGR) stands at -6.3%, indicating revenue contraction over this period. The 3-year CAGR of -6.5% is in line with the 5-year average, suggesting consistent growth. Purple Innovation, Inc.'s highest annual revenue of $726.2 million was recorded in 2021.
Revenue by Segment
PRPL's revenue is primarily driven by Product (100%). With over half of revenue concentrated in Product, the company has a focused business model while developing other growth vectors.
Peer Comparison
Compared to Consumer Cyclical sector peers — including HNI (+104.4% YoY), LOVE (+1.1% YoY), and MLKN (+1.2% YoY) — PRPL has underperformed the peer group in revenue growth. Compare PRPL vs HNI →
PRPL Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| PRPLCurrent | $431M | -18.7% | -6.3% | -6.8% | |
 HNI | $2.8B | +104.4% | +7.7% | 8.5% | |
 LOVE | $697M | +1.1% | +16.8% | 0.8% | |
 MLKN | $3.8B | +1.2% | +9.3% | 5.6% | |
 WSM | $7.8B | +2.2% | +2.9% | 18.1% | |
 BBY | $41.7B | +1.4% | -2.5% | 4.2% |
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% |
| 2015 | $5.8M | +35.6% | $1.4M | 23.7% | $-346,000 | -5.9% |
| 2014 | $4.3M | - | $1.6M | 37.6% | $769K | 17.9% |
PRPL Chart Terminal
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Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
Historical Returns
12+ years return with dividends reinvested.
Peer Comparison
Compare growth, multiples, and margins vs sector.
PRPL — 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 declining -18.7% year-over-year. TTM revenue fell to $431M, contrasting with the 5-year CAGR of -6.3%. The reversal reflects either macro headwinds or company-specific challenges.
What is PRPL's revenue history from 2014 to 2026?
Purple Innovation, Inc. (PRPL) revenue history spans 2014 to 2026. TTM revenue as of 2026 is $431M, growing at -18.7% YoY. The 5-year CAGR is -6.3%. Complete annual and quarterly revenue figures are available on this page, including gross profit, operating income, and margin trends.
What is PRPL's long-term revenue growth rate (CAGR)?
Purple Innovation, Inc.'s 5-year revenue CAGR of -6.3% reflects the variable nature of its business expansion. As of 2026, the current YoY growth rate of -18.7% is below this long-term average. CAGR is the most reliable measure of sustained revenue momentum for PRPL.
Why does PRPL's quarterly revenue fluctuate?
PRPL quarterly revenue can fluctuate significantly between periods. A quarter-over-quarter (QoQ) change does not always indicate a trend; comparing the same quarter year-over-year (YoY) is a more reliable signal for underlying growth. Purple Innovation, Inc.'s revenue data from 2014 to 2026 shows full historical quarterly detail on this page.
How is PRPL's revenue distributed by segment?
PRPL reports revenue broken down by product line and geographic region. The segment breakdown on this page shows which business units contribute the most to total revenue as of the latest fiscal year. Concentration in a single segment above 50% indicates category dependence, while a diversified mix signals more resilient revenue streams.
How does PRPL's revenue compare to industry peers?
Purple Innovation, Inc. (PRPL) with TTM revenue of $431M and -18.7% YoY growth can be benchmarked against sector peers using the comparison table on this page. Revenue growth relative to peers indicates market share gains or losses. The peer section shows TTM revenue, YoY growth, and operating margin for direct comparisons.