Filing Flows › People (PPLI) › Q2 2026
People (PPLI) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 3, 2026
People (PPLI) reported revenue of $437M for the second quarter 2026 (Q2 2026), -1% from a year earlier and +3% from the quarter before. Operating margin was -3.3%, net earnings $508M (116.3% of revenue).
People, Q2 2026: revenue $437M (-2% year over year), operating margin -3.3%, net earnings $508M, operating cash flow $45.7M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $437M | +3% | -1% |
| Operating profit | −$14.3M | — | -2585% |
| Net earnings | $508M | — | +140% |
| Operating cash flow | $45.7M | +358% | — |
| Free cash flow | $34.5M | 17× | — |
What changed
Revenue was $436.7M in Q2 2026, down 1% year over year and up 3% from the previous quarter.
Operating costs exceeded revenue by $14.3M, an operating margin of -3.3%. Total costs grew 0% against a revenue fall of 1%. Net earnings were $506.9M, up 140% year over year. The effective tax rate was 25.9%. Non-operating items added $699.5M, 102% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was $45.7M, 9% of net earnings. Non-cash charges added back $26.5M of depreciation and amortization and $35.0M of share-based compensation. Working capital and other items used $523.7M. Capital expenditures of $11.2M left free cash flow of $34.5M.
Questions
What was People's revenue in the second quarter 2026?
People (PPLI) reported revenue of $437M for the second quarter 2026 (Q2 2026), -1% from a year earlier and +3% from the quarter before.
Was People profitable in the second quarter 2026?
Operating loss was $14.3M (-3.3% of revenue) and net earnings $508M.
Source: People 10-Q on SEC EDGAR.