Pineapple Financial (PAPL) Research & Development (2022 - 2025)
Pineapple Financial (PAPL) reported Research & Development of $2108.0 for Q2 2025, down 95.94% on a YoY basis from $51867.0 in Q2 2024, and down 27.93% sequentially from $2925.0 in Q1 2025.
Pineapple Financial (PAPL) Research & Development (2022 - 2025) Analysis & Trends
Pineapple Financial (PAPL) has 4 years of Research & Development data on file, last reported at $2108.0 in Q2 2025.
- For the quarter ending Q2 2025, Research & Development fell 95.94% year-over-year to $2108.0; the trailing twelve-month figure through May 2025 stood at $77489.0 (down 61.19% YoY), and the FY2023 full-year result was $97372.0, down 7.1% from the prior year.
- Research & Development fell to $2108.0 in Q2 2025, 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.
- A 4-year average of $28095.3 and a median of $25439.0 in 2022 frame the typical range for Research & Development.
- Across the five-year window, Research & Development jumped 1021.61% in 2024 and slumped 95.94% in 2025, its largest moves.
- Tracing PAPL's Research & Development over 4 years: stood at $30289.0 in 2022, then climbed by 29.34% to $39177.0 in 2023, then slumped by 47.45% to $20589.0 in 2024, then tumbled by 89.76% to $2108.0 in 2025.
- Business Quant data shows PAPL's Research & Development at $2108.0 in Q2 2025, $2925.0 in Q1 2025, and $20589.0 in Q4 2024.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 38.33 Bn | 35.64 Bn | - | - |
| 2 | Federal National Mortgage Association Fannie Mae | 35.67 Bn | 35.67 Bn | - | - |
| 3 | Federal Home Loan Mortgage | 18.11 Bn | 13.64 Bn | - | - |
| 4 | PennyMac Financial Services | 4.41 Bn | 3.76 Bn | 523.89 Mn | 46.13 Mn |
| 5 | CNFinance Holdings | 3.28 Bn | 3.20 Bn | - | - |
| 6 | Walker & Dunlop | 1.64 Bn | 1.44 Bn | - | - |
| 7 | Velocity Financial | 681.36 Mn | -6.51 Bn | - | - |
| 8 | UWM Holdings | 540.43 Mn | 116.43 Mn | - | 30.88 Mn |
| 9 | Better Home & Finance Holding | 362.34 Mn | 298.07 Mn | - | 8.36 Mn |
| 10 | Pineapple Financial | 28.85 Mn | 18.35 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |