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Filing Flows › Pineapple Financial (PAPL) › Q1 2026 › vs Q4 2025

Pineapple Financial (PAPL) Q1 2026 vs Q4 2025 (quarter over quarter)

Pineapple Financial's revenue fell $14K (-2%) from $722K in Q4 2025 to $707K in Q1 2026.

Pineapple Financial, Q1 2026: revenue $707K (-5% year over year), net loss $19.5M, operating cash flow −$3.3M. The chart draws each line against Q4 2025, the increases inside each band.

Pineapple Financial: what changed, Q1 2026 vs Q4 2025Pineapple Financial: what changed, Q1 2026 vs Q4 2025Net loss$13.1MOperating cash sources$13.1MNet loss absorbed$13.1MCosts & expenses$12.9MOperating costs$11.2MOther operating costs$11.0MWorking capital & other$10.3MCash used in operations$2.8MInterest & other, net$1.8MSG&A$265K

Every line

LineQ1 2026Q4 2025Change%
Revenue$707K$722K−$14K-2%
Net loss$19.5M$6.4M$13.1M+203%
Costs & expenses$20.2M$7.3M$12.9M+177%
Operating costs$18.5M$7.3M$11.2M+154%
Interest & other, net$1.7M−$126K$1.8M—
Cost of revenue$362K$363K−$2K-0.5%
SG&A$660K$395K$265K+67%
Other operating costs$17.5M$6.5M$11.0M+168%
Operating cash sources$19.5M$6.4M$13.1M+203%
Depreciation & amortization$242K$405K−$164K-40%
Share-based compensation$142K$0$142K—
Working capital & other$15.8M$5.5M$10.3M+186%
Cash used in operations$3.3M$490K$2.8M+568%
Net loss absorbed$19.5M$6.4M$13.1M+203%

Questions

How much did Pineapple Financial's revenue grow quarter over quarter in Q1 2026?

Pineapple Financial's revenue fell $14K (-2%) from $722K in Q4 2025 to $707K in Q1 2026.

Q1 2026 results → · Compare in the interactive Sankey →