Pineapple Financial PAPL
NYSE PAPL
$1.20 +0.13 (+12.38%)
As of: Aug 21, 2026 · 12:40 PM EDT

Pineapple Financial (PAPL) Research & Development (2022 - 2025)

Pineapple Financial (PAPL) posted Research & Development of $2108.0 for Q2 2025, down 27.93% sequentially from $2925.0 in Q1 2025, and down 95.94% YoY from $51867.0 in Q2 2024.

Pineapple Financial (PAPL) Research & Development (2022 - 2025) Analysis & Trends

Pineapple Financial has reported Research & Development for 4 years, with the latest figure at $2108.0 in Q2 2025.

  • Quarterly Research & Development fell 95.94% year-over-year to $2108.0 in Q2 2025, while the trailing twelve-month figure through May 2025 was $77489.0 (down 61.19% YoY) and the FY2023 annual result came in at $97372.0, down 7.1% from the prior year.
  • Research & Development fell to $2108.0 in Q2 2025 per PAPL's latest filing, from $2925.0 in the prior quarter.
  • Over five years, Research & Development peaked at $66915.0 in Q1 2024 and troughed at $2108.0 in Q2 2025.
  • A 4-year average of $28095.3 and a median of $25439.0 in 2022 frame the typical range for Research & Development.
  • The sharpest annual moves came in 2024 and 2025: Research & Development soared 1021.61% in 2024, then plunged 95.94% in 2025.
  • Over 4 years, Research & Development stood at $30289.0 in 2022, then rose by 29.34% to $39177.0 in 2023, then sank by 47.45% to $20589.0 in 2024, then slumped by 89.76% to $2108.0 in 2025.
  • According to Business Quant data, Research & Development over the past three periods registered $2108.0, $2925.0, and $20589.0 for Q2 2025, Q1 2025, and Q4 2024 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Rocket Companies 39.69 Bn 36.59 Bn - -
2 Federal National Mortgage Association Fannie Mae 36.73 Bn 36.73 Bn - -
3 Federal Home Loan Mortgage 18.47 Bn 14.15 Bn - -
4 PennyMac Financial Services 3.91 Bn 3.16 Bn 480.08 Mn 44.44 Mn
5 CNFinance Holdings 1.52 Bn 1.45 Bn - -
6 Walker & Dunlop 1.35 Bn 1.18 Bn - -
7 Velocity Financial 707.60 Mn -6.75 Bn - -
8 UWM Holdings 479.29 Mn -19.12 Mn - 35.59 Mn
9 Onity 300.55 Mn 104.25 Mn - 17.90 Mn
10 Pineapple Financial 30.64 Mn 20.13 Mn - -

Historic Data

Download Data
DateValue
May 31, 2025 2,108.00
Feb 28, 2025 2,925.00
Nov 30, 2024 20,589.00
May 31, 2024 51,867.00
Feb 29, 2024 66,915.00
Nov 30, 2023 39,177.00
Aug 31, 2023 41,717.00
May 31, 2023 19,400.00
Feb 28, 2023 5,966.00
Nov 30, 2022 30,289.00