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

Pineapple Financial's (PAPL) quarterly Research & Development came in at $2108.0 in Q2 2025, down 95.94% year-on-year from $51867.0 in Q2 2024, and down 27.93% quarter-over-quarter from $2925.0 in Q1 2025.

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

Pineapple Financial has disclosed Research & Development across 4 years of filings, most recently posting $2108.0 for Q2 2025.

  • Research & Development for Q2 2025 came in at $2108.0, down 95.94% year-over-year; the trailing twelve-month figure through May 2025 was $77489.0 (down 61.19% YoY), and the FY2023 annual result was $97372.0, down 7.1% from the prior year.
  • Research & Development came in at $2108.0 for Q2 2025 at Pineapple Financial, down from $2925.0 in the prior quarter.
  • In the past five years, Research & Development ranged from a high of $66915.0 in Q1 2024 to a low of $2108.0 in Q2 2025.
  • The 4-year median for Research & Development is $25439.0 (2022), against an average of $28095.3.
  • Across the five-year window, Research & Development jumped 1021.61% in 2024 and plunged 95.94% in 2025, its largest moves.
  • Pineapple Financial's Research & Development stood at $30289.0 in 2022, then grew 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.
  • The last three Research & Development figures came in at $2108.0 (Q2 2025), $2925.0 (Q1 2025), and $20589.0 (Q4 2024), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Rocket Companies 34.85 Bn 32.16 Bn - -
2 PennyMac Financial Services 4.14 Bn 3.65 Bn 523.89 Mn 46.13 Mn
3 Walker & Dunlop 1.73 Bn 1.55 Bn - -
4 UWM Holdings 743.45 Mn 1.57 Bn - 30.88 Mn
5 Velocity Financial 668.42 Mn 583.96 Mn - -
6 CNFinance Holdings 591.78 Mn 542.97 Mn - -
7 Better Home & Finance Holding 419.52 Mn 349.24 Mn - 8.36 Mn
8 Onity 306.24 Mn 306.24 Mn - 17.50 Mn
9 loanDepot 209.70 Mn -4.79 Mn - -
10 Pineapple Financial 85,956.00 -17.81 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