People Financial Statements
NASDAQ: PPLITechnologyComputer Software: Programming Data ProcessingUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
People revenue and earnings
In fiscal 2025, People generated $2.39 billion in revenue, down 8.7% from fiscal 2024, its first annual decline since 2024. People reported a net loss of $104.0 million, compared with a loss of $539.9 million a year earlier. Gross margin was 66.2% (up from 61.8%) and operating margin -4.1%.
Diluted earnings per share came in at -$1.30. Over the last 5 fiscal years, PPLI's revenue has grown at a -2.8% compound annual rate (a contraction).
Summary generated from market data by MetaCap's automated system. Methodology
People income statement (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 2.39B | 2.62B | 4.37B | 5.24B | 3.70B | 2.76B | 2.51B | 2.53B |
| Revenue growth (YoY) | -8.73% | -39.93% | -16.62% | +41.51% | +33.82% | +10.14% | -0.91% | — |
| Cost of Revenue | 809.76M | 1.00B | 1.22B | 1.93B | 1.30B | 814.73M | 600.24M | 501.15M |
| Gross Profit | 1.58B | 1.62B | 3.15B | 3.30B | 2.40B | 1.95B | 1.91B | 2.03B |
| Operating Expenses | 1.68B | 1.65B | 3.38B | 3.78B | 2.54B | 2.49B | 1.90B | 2.00B |
| Research & Development | 196.02M | 228.33M | 237.95M | 318.03M | 230.81M | 185.34M | 132.64M | 177.30M |
| Selling, General & Admin | 1.15B | 1.24B | 1.32B | 2.91B | 2.16B | 1.91B | 1.69B | 1.67B |
| Operating Income | -97.42M | -28.68M | -237.78M | -474.77M | -137.07M | -537.66M | 5.73M | 35.84M |
| Interest Expense | 120.03M | 135.72M | 157.63M | 110.17M | 34.26M | 16.17M | 11.90M | 13.06M |
| Other Income (Expense) | 16.36M | 98.54M | 46.64M | -217.78M | 111.85M | -42.56M | 40.49M | 282.80M |
| Pretax Income | -81.91M | -715.04M | 393.03M | -1.53B | 729.81M | 244.16M | 34.32M | 305.57M |
| Income Tax | 34.85M | -141.87M | 98.16M | -331.09M | 138.99M | -45.71M | -47.35M | 13.20M |
| Net Income | -104.03M | -539.90M | 265.94M | -1.17B | 597.55M | 269.73M | 22.89M | 292.37M |
| Net Income growth (YoY) | — | -303.01% | — | -295.83% | +121.54% | +1078.10% | -92.17% | — |
| EPS (Basic) | -1.30 | -6.49 | 3.07 | -13.55 | 6.70 | 3.16 | 0.27 | 2.90 |
| EPS (Diluted) | -1.30 | -6.49 | 2.97 | -13.55 | 6.31 | 2.97 | 0.27 | 2.90 |
| Shares Outstanding (Basic) | 80.08M | 83.13M | 83.57M | 86.35M | 86.22M | 85.36M | 85.13M | 85.13M |
| Shares Outstanding (Diluted) | 80.08M | 83.13M | 86.46M | 86.35M | 91.83M | 90.95M | 85.13M | 85.13M |
| EBITDA | -59.91M | 12.16M | -156.85M | -343.79M | -62.05M | -468.84M | 61.20M | 78.23M |
| Gross Margin | 66.16% | 61.77% | 72.07% | 63.06% | 64.96% | 70.53% | 76.09% | 80.22% |
| Operating Margin | -4.07% | -109.00% | -5.45% | -9.07% | -3.70% | -19.45% | 23.00% | 141.00% |
| Net Margin | -4.35% | -20.59% | 6.09% | -22.35% | 16.15% | 9.76% | 91.00% | 11.54% |
This table shows 8 annual periods of People's income statement, from FY 2025 back to FY 2018, across 20 line items including revenue, cost of revenue, gross profit. Values in USD; B = billions, M = millions. Fiscal periods follow PPLI's reporting calendar. What is a income statement?