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Purple Innovation Inc
NASDAQ:PRPL

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Purple Innovation Inc
NASDAQ:PRPL
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Price: 1.48 USD Market Closed
Updated: May 16, 2024

Gross Margin
Purple Innovation Inc

33.7%
Current
39%
Average
31.5%
Industry

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
33.7%
=
Gross Profit
171.8m
/
Revenue
510.5m

Gross Margin Across Competitors

Country US
Market Cap 156.5m USD
Gross Margin
34%
Country US
Market Cap 9.4B USD
Gross Margin
44%
Country US
Market Cap 7.9B USD
Gross Margin
25%
Country NL
Market Cap 6.3B USD
Gross Margin
41%
Country CN
Market Cap 41.9B CNY
Gross Margin
32%
Country CN
Market Cap 31.5B CNY
Gross Margin
32%
Country TW
Market Cap 103.1B TWD
Gross Margin
55%
Country HK
Market Cap 26.4B HKD
Gross Margin
39%
Country CN
Market Cap 18.3B CNY
Gross Margin
35%
Country CN
Market Cap 14.4B CNY
Gross Margin
49%
Country CH
Market Cap 1.5B CHF
Gross Margin
34%

Profitability Report

View the profitability report to see the full profitability analysis for Purple Innovation Inc.

See Also

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What is Gross Margin?

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
33.7%
=
Gross Profit
171.8m
/
Revenue
510.5m
What is the Gross Margin of Purple Innovation Inc?

Based on Purple Innovation Inc's most recent financial statements, the company has Gross Margin of 33.7%.