Filing Flows › Pineapple Financial (PAPL) › Q2 2025
Pineapple Financial (PAPL) Q2 2025 earnings results (second quarter 2025)
10-Q filed Jul 14, 2025
Pineapple Financial (PAPL) reported revenue of $747K for the second quarter 2025 (Q2 2025), +1% from a year earlier and +0.5% from the quarter before. Operating margin was -93.3%, net loss $558K (74.7% of revenue).
Pineapple Financial, Q2 2025: revenue $747K (+1% year over year), operating margin -93.3%, net loss $558K, operating cash flow $397K. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $747K | +0.5% | +1% |
| Operating profit | −$697K | — | — |
| Net earnings | −$558K | — | — |
| Operating cash flow | $397K | — | +223% |
What changed
Revenue was $747K in Q2 2025, up 1% year over year and roughly flat from the previous quarter.
Operating costs exceeded revenue by $697K, an operating margin of -93.3%. Total costs fell 12% while revenue rose 1%. The quarter ended with a net loss of $558K, narrower than the previous quarter's $595K loss. Non-operating items added $139K, -25% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was $397K (up 223% year over year). Non-cash charges added back $380K of depreciation and amortization. Working capital and other items added $575K.
Questions
What was Pineapple Financial's revenue in the second quarter 2025?
Pineapple Financial (PAPL) reported revenue of $747K for the second quarter 2025 (Q2 2025), +1% from a year earlier and +0.5% from the quarter before.
Was Pineapple Financial profitable in the second quarter 2025?
Operating loss was $697K (-93.3% of revenue) and net loss $558K.