Pineapple Financial (PAPL) Operating Expenses (2022 - 2026)

Pineapple Financial has disclosed Operating Expenses across 5 years of filings, most recently posting $18.5 million for Q1 2026.

• Operating Expenses for Q1 2026 came in at $18.5 million, up 1280.06% year-over-year; the trailing twelve-month figure through Feb 2026 was $28.9 million (up 343.38% YoY), and the FY2025 annual result was $5.9 million, down 8.89% from the prior year.
• Operating Expenses came in at $18.5 million for Q1 2026 at Pineapple Financial, up from $7.3 million in the prior quarter.
• In the past five years, Operating Expenses ranged from a high of $18.5 million in Q1 2026 to a low of -$4.1 million in Q3 2023.
• The 5-year median for Operating Expenses is $1.5 million (2023), against an average of $2.7 million.
• Across the five-year window, Operating Expenses dropped 19.42% in 2025 and surged 1280.06% in 2026, its largest moves.
• Pineapple Financial's Operating Expenses stood at $1.7 million in 2022, then decreased by 12.6% to $1.4 million in 2023, then climbed by 0.96% to $1.5 million in 2024, then jumped by 398.98% to $7.3 million in 2025, then surged by 154.34% to $18.5 million in 2026.
• The last three Operating Expenses figures came in at $18.5 million (Q1 2026), $7.3 million (Q4 2025), and $1.7 million (Q3 2025), per Business Quant data.