Company / R&D Expense
Purple Innovation, Inc. R&D Expense History
FY2018-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest R&D Expense
$11.9M
FY2025
5-year range
$3.9M / $11.9M
FY2021-FY2025
Trend
+35.9%
vs FY2024
Sector context
Sector data unavailable
Latest sector comparison
What the data says
R&D Expense has increased for 4 consecutive years, from $4M in FY2021 to $12M in FY2025.
Based on SEC 10-K filings.
$12M in FY2025 with a 5-year CAGR of +25.2%.
Improved from $7M to $12M over the past 2 years.
R&D Expense over time
Growth rates
- 3-Year CAGR
- +25.9%
- 5-Year CAGR
- +25.2%
- 10-Year CAGR
- -
Key checks
Key Insights
- Purple Innovation, Inc.'s r&d expense has grown for 4 consecutive years.
- 5-year CAGR of +25.2%, indicating consistent growth.
- In FY2025, r&d expense increased 35.9% year-over-year.
- Lowest r&d expense in the period was in FY2018.
Company context
Key Data Points
- Low Piotroski F-Score: 2/9 (multiple financial health concerns)
- Altman Z-Score 0.57 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | R&D ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $11.9M | +35.9% |
| FY2024 | $8.8M | +26.2% |
| FY2023 | $6.9M | +16.5% |
| FY2022 | $6.0M | +54.1% |
| FY2021 | $3.9M | +0.0% |
| FY2020 | $3.9M | +84.4% |
| FY2019 | $2.1M | +51.0% |
| FY2018 | $1.4M | - |
As of FY2025 · SEC 10-K · Updated Jun 28, 2026