People (PPLI) Operating Expenses (2019 - 2026)
People's (PPLI) quarterly Operating Expenses came in at $463.0 million in Q1 2026, up 1.18% YoY from $457.6 million in Q1 2025, and down 39.03% on a QoQ basis from $759.3 million in Q4 2025.
Analysis
People (PPLI) Operating Expenses (2019 - 2026) Analysis & Trends
People (PPLI) has 8 years of Operating Expenses data on file, last reported at $463.0 million in Q1 2026.
- Quarterly Operating Expenses rose 1.18% year-over-year to $463.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $2.4 billion (changed 0.07% YoY) and the FY2025 annual result came in at $2.5 billion, down 6.04% from the prior year.
- Operating Expenses fell to $463.0 million in Q1 2026, from $759.3 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $4.0 billion in Q4 2023 to a low of $457.6 million in Q1 2025.
- A 5-year average of $1.1 billion and a median of $759.3 million in 2025 frame the typical range for Operating Expenses.
- Annual changes were most pronounced in 2023 — Operating Expenses surged 199.85% — and 2024, when it sank 83.01%.
- Tracing PPLI's Operating Expenses over 5 years: stood at $1.3 billion in 2022, then surged by 199.85% to $4.0 billion in 2023, then slumped by 83.01% to $673.4 million in 2024, then increased by 12.77% to $759.3 million in 2025, then slumped by 39.03% to $463.0 million in 2026.
- The last three Operating Expenses figures came in at $463.0 million (Q1 2026), $759.3 million (Q4 2025), and $610.2 million (Q3 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,083.83 Bn | 3,654.79 Bn | 73.85 Bn | 79.03 Bn |
| 2 | Meta Platforms | 1,456.07 Bn | 1,365.81 Bn | 49.47 Bn | 42.03 Bn |
| 3 | Spotify Technology | 111.71 Bn | 104.79 Bn | 1.86 Bn | 640.46 Mn |
| 4 | Nebius | 50.03 Bn | 40.93 Bn | 448.70 Mn | 758.20 Mn |
| 5 | 28.44 Bn | 25.65 Bn | 734.60 Mn | 573.19 Mn | |
| 6 | Bilibili | 13.59 Bn | 11.45 Bn | 433.97 Mn | -379.21 Mn |
| 7 | Tencent Music Entertainment | 12.71 Bn | 9.21 Bn | 582.00 Mn | -191.00 Mn |
| 8 | 12.21 Bn | 10.93 Bn | 922.30 Mn | 1.23 Bn | |
| 9 | Match | 9.45 Bn | 8.86 Bn | 648.84 Mn | 607.66 Mn |
| 10 | People | 2.86 Bn | 1.75 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 |