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.
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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,255.28 Bn | 3,826.24 Bn | 73.85 Bn | 79.03 Bn |
| 2 | Meta Platforms | 1,552.50 Bn | 1,462.24 Bn | 49.47 Bn | 42.03 Bn |
| 3 | Taboola.com | 1,147.41 Bn | 1,147.28 Bn | 139.48 Mn | 132.22 Mn |
| 4 | Baidu | 288.87 Bn | 284.38 Bn | 1.88 Mn | 4.19 Bn |
| 5 | Spotify Technology | 104.29 Bn | 94.05 Bn | 1.75 Bn | 512.79 Mn |
| 6 | Joyy | 78.58 Bn | 77.69 Bn | 205.64 Mn | -187.82 Mn |
| 7 | BILI Social International | 60.58 Bn | 60.58 Bn | 405,933.00 | 303,858.00 |
| 8 | Nebius | 49.09 Bn | 39.47 Bn | 295.20 Mn | 527.00 Mn |
| 9 | 30.80 Bn | 28.01 Bn | 734.60 Mn | 573.19 Mn | |
| 10 | People | 3.04 Bn | 1.92 Bn | 280.20 Mn | 451.02 Mn |
Historic Data
Download 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 | 586.35 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 |