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People (PPLI) Q3 2026 earnings results (third quarter 2026)

10-Q filed Nov 2, 2026

People (PPLI) reported revenue of $431M for the third quarter 2026 (Q3 2026), -4% from a year earlier and -1% from the quarter before. Operating margin was -0.7%, net loss $685M (159.0% of revenue).

Revenue$431M
Year over year-4%
Quarter over quarter-1%
Operating margin-0.7%
Net earnings−$685M

People, Q3 2026: revenue $431M (-4% year over year), operating margin -0.7%, net loss $685M, operating cash flow $50.0M. The chart follows the revenue to costs, profit and cash.

Q3 2026AmountQ/QY/Y
Revenue$431M-1%-4%
Operating profit−$3.0M——
Net earnings−$685M-235%—
Operating cash flow$50.0M+9%-19%
Free cash flow$43.8M+27%-24%

What changed

Revenue was $430.8M in Q3 2026, down 4% year over year and down 1% from the previous quarter.

Operating costs exceeded revenue by $3.0M, an operating margin of -0.7%. Total costs fell 9% while revenue fell 4%. The quarter ended with a net loss of $685.1M, after a profit of $507.8M the previous quarter. Net interest and other expense of $960.2M was the main reason.

Operating cash flow was $50.0M (down 19% year over year). Non-cash charges added back $28.5M of depreciation and amortization and $25.1M of share-based compensation. Working capital and other items added $681.5M. Capital expenditures of $6.2M left free cash flow of $43.8M.

Questions

What was People's revenue in the third quarter 2026?

People (PPLI) reported revenue of $431M for the third quarter 2026 (Q3 2026), -4% from a year earlier and -1% from the quarter before.

Was People profitable in the third quarter 2026?

Operating loss was $3.0M (-0.7% of revenue) and net loss $685M.

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Source: People 10-Q on SEC EDGAR.