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
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