People PPLI
NASDAQ PPLI
$38.29 -0.85 (-2.17%)
As of: Aug 31, 2026 · 3:59 PM EDT

People (PPLI) Research & Development (2019 - 2026)

People's (PPLI) quarterly Research & Development came in at $39.7 million in Q1 2026, down 74.78% YoY from $157.4 million in Q1 2025, and down 93.14% on a QoQ basis from $578.7 million in Q4 2025.

Analysis

People (PPLI) Research & Development (2019 - 2026) Analysis & Trends

People (PPLI) has 8 years of Research & Development data on file, last reported at $39.7 million in Q1 2026.

  • Quarterly Research & Development fell 74.78% year-over-year to $39.7 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $853.7 million (up 2.57% YoY) and the FY2025 annual result came in at $728.2 million, down 1.36% from the prior year.
  • Research & Development declined to $39.7 million in Q1 2026, from $578.7 million in the prior quarter.
  • In the past five years, Research & Development ranged from a high of $1.7 billion in Q4 2022 to a low of -$421.3 million in Q4 2023.
  • A 5-year average of $248.8 million and a median of $84.8 million in 2023 frame the typical range for Research & Development.
  • Annual changes were most pronounced in 2022 — Research & Development surged 820.19% — and 2023, when it sank 125.16%.
  • Tracing PPLI's Research & Development over 5 years: stood at $1.7 billion in 2022, then plunged by 125.16% to -$421.3 million in 2023, then surged by 234.74% to $567.7 million in 2024, then gained by 1.95% to $578.7 million in 2025, then sank by 93.14% to $39.7 million in 2026.
  • The last three Research & Development figures came in at $39.7 million (Q1 2026), $578.7 million (Q4 2025), and $49.5 million (Q3 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Alphabet 4,083.83 Bn 3,654.79 Bn 73.85 Bn 18.22 Bn
2 Meta Platforms 1,456.07 Bn 1,365.81 Bn 49.47 Bn 21.66 Bn
3 Spotify Technology 111.71 Bn 104.79 Bn 1.86 Bn 468.43 Mn
4 Nebius 50.03 Bn 40.93 Bn 448.70 Mn 191.00 Mn
5 Reddit 28.44 Bn 25.65 Bn 734.60 Mn 231.28 Mn
6 Bilibili 13.59 Bn 11.45 Bn 433.97 Mn -148.13 Mn
7 Tencent Music Entertainment 12.71 Bn 9.21 Bn 582.00 Mn -35.00 Mn
8 Pinterest 12.21 Bn 10.93 Bn 922.30 Mn 451.01 Mn
9 Match 9.45 Bn 8.86 Bn 648.84 Mn 158.25 Mn
10 People 2.86 Bn 1.75 Bn 280.20 Mn 120.71 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 120.71 Mn
Mar 31, 2026 133.03 Mn
Dec 31, 2025 173.11 Mn
Sep 30, 2025 188.37 Mn
Jun 30, 2025 129.61 Mn
Mar 31, 2025 157.37 Mn
Dec 31, 2024 190.02 Mn
Sep 30, 2024 182.82 Mn
Jun 30, 2024 177.31 Mn
Mar 31, 2024 188.08 Mn
Dec 31, 2023 -421.28 Mn
Sep 30, 2023 407.36 Mn
Jun 30, 2023 413.95 Mn
Mar 31, 2023 403.30 Mn
Dec 31, 2022 432.11 Mn
Sep 30, 2022 486.83 Mn
Jun 30, 2022 508.38 Mn
Mar 31, 2022 488.46 Mn
Dec 31, 2021 360.54 Mn
Sep 30, 2021 348.19 Mn