People (PPLI) Operating Expenses (2019 - 2026)
People's (PPLI) quarterly Operating Expenses came in at $451.0 million in Q2 2026, little changed on a YoY basis from $450.7 million in Q2 2025, and down 2.58% quarter-over-quarter from $463.0 million in Q1 2026.
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Analysis
People (PPLI) Operating Expenses (2019 - 2026) Analysis & Trends
People (PPLI) has reported Operating Expenses for 8 consecutive years, with $451.0 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Operating Expenses changed 0.06% year-over-year to $451.0 million; the trailing twelve-month figure through Jun 2026 stood at $2.3 billion (up 3.07% YoY), and the FY2025 full-year result was $2.5 billion, down 6.04% from the prior year.
- Operating Expenses fell to $451.0 million in Q2 2026 per PPLI's latest filing, from $463.0 million in the prior quarter.
- Across five years, Operating Expenses topped out at $4.0 billion in Q4 2023 and bottomed at $450.7 million in Q2 2025.
- Historically, Operating Expenses has averaged $1.1 billion across 5 years, with a median of $723.5 million in 2024.
- The sharpest annual moves came in 2023 and 2024: Operating Expenses soared 199.85% in 2023, then slumped 83.01% in 2024.
- Over 5 years, Operating Expenses stood at $1.3 billion in 2022, then jumped by 199.85% to $4.0 billion in 2023, then plunged by 83.01% to $673.4 million in 2024, then gained by 12.77% to $759.3 million in 2025, then sank by 40.6% to $451.0 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $451.0 million, $463.0 million, and $759.3 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Alibaba Group Holding | 263.05 Bn | 227.79 Bn | 15.11 Bn | -8.86 Bn |
| 2 | Booking Holdings | 126.16 Bn | 108.94 Bn | 4.98 Bn | 4.85 Bn |
| 3 | PDD Holdings | 112.31 Bn | 82.02 Bn | 9.45 Bn | -5.39 Bn |
| 4 | Airbnb | 98.07 Bn | 86.00 Bn | 2.98 Bn | 2.85 Bn |
| 5 | Mercadolibre | 90.61 Bn | 75.42 Bn | 4.16 Bn | 3.48 Bn |
| 6 | Ebay | 49.77 Bn | 46.46 Bn | 2.30 Bn | 1.63 Bn |
| 7 | Expedia | 31.98 Bn | 24.85 Bn | 3.91 Bn | 2.55 Bn |
| 8 | Maplebear | 10.57 Bn | 9.72 Bn | 751.00 Mn | 608.00 Mn |
| 9 | Full Truck Alliance | 7.59 Bn | 6.63 Bn | - | -279.73 Mn |
| 10 | People | 2.48 Bn | 1.41 Bn | 280.20 Mn | 451.02 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 451.02 Mn |
| Mar 31, 2026 | 462.96 Mn |
| Dec 31, 2025 | 759.35 Mn |
| Sep 30, 2025 | 610.19 Mn |
| Jun 30, 2025 | 450.74 Mn |
| Mar 31, 2025 | 457.56 Mn |
| Dec 31, 2024 | 673.35 Mn |
| Sep 30, 2024 | 633.85 Mn |
| Jun 30, 2024 | 655.88 Mn |
| Mar 31, 2024 | 687.71 Mn |
| Dec 31, 2023 | 3.96 Bn |
| Sep 30, 2023 | 1.14 Bn |
| Jun 30, 2023 | 1.17 Bn |
| Mar 31, 2023 | 1.22 Bn |
| Dec 31, 2022 | 1.32 Bn |
| Sep 30, 2022 | 1.43 Bn |
| Jun 30, 2022 | 1.53 Bn |
| Mar 31, 2022 | 1.43 Bn |
| Dec 31, 2021 | 1.23 Bn |
| Sep 30, 2021 | 956.14 Mn |
API Access
People Operating Expenses 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=operating-expenses&ticker=PPLI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "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=operating-expenses&ticker=PPLI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();