People (PPLI) Gross Margin (2019 - 2026)
People's (PPLI) quarterly Gross Margin came in at 62.22% in Q1 2026, up 111.0% YoY from 29.49% in Q1 2025, and down 10.87% on a QoQ basis from 69.8% in Q4 2025.
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People (PPLI) Gross Margin (2019 - 2026) Analysis & Trends
People (PPLI) has 8 years of Gross Margin data on file, last reported at 62.22% in Q1 2026.
- Quarterly Gross Margin rose 111.0% year-over-year to 62.22% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 65.97% (up 348.0% YoY) and the FY2025 annual result came in at 66.16%, up 439.0% from the prior year.
- Gross Margin retreated to 62.22% in Q1 2026, from 69.8% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 69.8% in Q4 2025 to a low of 382.35% in Q4 2023.
- A 5-year average of 38.0% and a median of 64.83% in 2025 frame the typical range for Gross Margin.
- Annual changes were most pronounced in 2023 — Gross Margin slumped 44718 bps — and 2024, when it jumped 44818 bps.
- Tracing PPLI's Gross Margin over 5 years: stood at 64.83% in 2022, then plunged by 690 bps to 382.35% in 2023, then soared by 117 bps to 65.83% in 2024, then grew by 6 bps to 69.8% in 2025, then decreased by 11 bps to 62.22% in 2026.
- The last three Gross Margin figures came in at 62.22% (Q1 2026), 69.8% (Q4 2025), and 64.83% (Q3 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,083.83 Bn | 3,654.79 Bn | 73.85 Bn | 61.65% |
| 2 | Meta Platforms | 1,456.07 Bn | 1,365.81 Bn | 49.47 Bn | 81.37% |
| 3 | Spotify Technology | 111.71 Bn | 104.79 Bn | 1.86 Bn | 33.41% |
| 4 | Nebius | 50.03 Bn | 40.93 Bn | 448.70 Mn | 77.06% |
| 5 | 28.44 Bn | 25.65 Bn | 734.60 Mn | 91.27% | |
| 6 | Bilibili | 13.59 Bn | 11.45 Bn | 433.97 Mn | 37.22% |
| 7 | Tencent Music Entertainment | 12.71 Bn | 9.21 Bn | 582.00 Mn | - |
| 8 | 12.21 Bn | 10.93 Bn | 922.30 Mn | 78.18% | |
| 9 | Match | 9.45 Bn | 8.86 Bn | 648.84 Mn | 76.06% |
| 10 | People | 2.86 Bn | 1.75 Bn | 280.20 Mn | 64.16% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 64.16% |
| Mar 31, 2026 | 62.22% |
| Dec 31, 2025 | 69.80% |
| Sep 30, 2025 | 64.83% |
| Jun 30, 2025 | 63.73% |
| Mar 31, 2025 | 61.11% |
| Dec 31, 2024 | 65.83% |
| Sep 30, 2024 | 62.14% |
| Jun 30, 2024 | 60.06% |
| Mar 31, 2024 | 58.44% |
| Dec 31, 2023 | 146.64% |
| Sep 30, 2023 | 69.19% |
| Jun 30, 2023 | 68.24% |
| Mar 31, 2023 | 68.37% |
| Dec 31, 2022 | 64.83% |
| Sep 30, 2022 | 65.31% |
| Jun 30, 2022 | 62.60% |
| Mar 31, 2022 | 59.74% |
| Dec 31, 2021 | 59.68% |
| Sep 30, 2021 | 63.15% |