People (PPLI) Net Margin (2019 - 2026)
People's Net Margin was 116.05% in Q2 2026, up 68.35 percentage points from 47.71% a year earlier and up 133.05 percentage points from the prior quarter.
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Analysis
People (PPLI) Net Margin (2019 - 2026) Analysis & Trends
On a trailing twelve-month basis, People's Net Margin was 16.05% through Jun 30, 2026, up 35.63 percentage points year-over-year; for FY2025, it came in at -4.35%, up 16.24 percentage points from FY2024.
- Net Margin shows a five-year change of -14.10 percentage points (FY2020 to FY2025).
- In earlier years, Net Margin was -20.59% in FY2024 (-29.70 pp), 9.11% in FY2023 (+31.46 pp), -22.35% in FY2022 (-38.50 pp) and 16.15% in FY2021 (+6.39 pp).
- The Q2 2026 figure marks the highest quarterly Net Margin in data going back to Q1 2019.
- Compared with a year earlier, Net Margin has increased for five straight quarters, with an average year-over-year change of +23.06 percentage points over the last seven quarters.
- The best year-over-year quarter for Net Margin over five years was Q2 2025 (a gain of 70.13 percentage points); the worst was Q2 2022 (a drop of 87.26 percentage points).
- Per Business Quant data, PPLI's Net Margin in the three quarters before Q2 2026 was -17.00% (Q1 2026), -11.89% (Q4 2025) and -3.71% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,185.47 Bn | 3,943.00 Bn | 73.85 Bn | 93.58% |
| 2 | Meta Platforms | 1,794.56 Bn | 1,497.08 Bn | 49.47 Bn | 26.07% |
| 3 | Netflix | 292.71 Bn | 252.90 Bn | 6.52 Bn | 27.08% |
| 4 | Alibaba Group Holding | 251.74 Bn | 65.51 Bn | 15.11 Bn | 3.92% |
| 5 | Shopify | 221.57 Bn | 198.76 Bn | 1.71 Bn | 41.92% |
| 6 | Uber Technologies | 142.45 Bn | 114.25 Bn | 6.38 Bn | 16.87% |
| 7 | Booking Holdings | 124.83 Bn | 57.88 Bn | - | 26.52% |
| 8 | PDD Holdings | 113.76 Bn | -130.01 Bn | 9.45 Bn | 24.19% |
| 9 | Spotify Technology | 106.73 Bn | 64.23 Bn | 1.86 Bn | 11.41% |
| 10 | People | 2.88 Bn | -1.30 Bn | 280.20 Mn | 116.05% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 116.05% |
| Mar 31, 2026 | -17.00% |
| Dec 31, 2025 | -11.89% |
| Sep 30, 2025 | -3.71% |
| Jun 30, 2025 | 47.71% |
| Mar 31, 2025 | -45.01% |
| Dec 31, 2024 | -27.58% |
| Sep 30, 2024 | -37.96% |
| Jun 30, 2024 | -22.42% |
| Mar 31, 2024 | 7.21% |
| Sep 30, 2023 | -35.14% |
| Jun 30, 2023 | -8.01% |
| Mar 31, 2023 | 38.53% |
| Dec 31, 2022 | -0.11% |
| Sep 30, 2022 | -4.91% |
| Jun 30, 2022 | -63.79% |
| Mar 31, 2022 | -17.79% |
| Dec 31, 2021 | 1.12% |
| Sep 30, 2021 | 6.57% |
| Jun 30, 2021 | 23.48% |
API Access
People Net Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=net-margin&ticker=PPLI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "ticker": "PPLI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=net-margin&ticker=PPLI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();