People Incorporated income statement PPLI

In fiscal 2025, which ended Dec 31, 2025, People Incorporated reported revenue of $2.4 billion, down 8.7% from the year before. It recorded a net loss of $104.0 million. The operating loss came to $97.4 million, an operating margin of -4.1%. Diluted earnings per share were -$1.30. Over the twelve months ended Sep 30, 2026, revenue was $2.4 billion and the net loss was $329.3 million. Across the 6 fiscal years shown, revenue shrank from $2.8 billion in fiscal 2020 to $2.4 billion in fiscal 2025, about 2.8% a year.

USD in millions, except per-share amounts and margins. The percent under a figure is the change from the year before.

Line
FY 2026
Sep 30, 2026
FY 2025
Dec 31, 2025
FY 2024
Dec 31, 2024
FY 2023
Dec 31, 2023
FY 2022
Dec 31, 2022
FY 2021
Dec 31, 2021
FY 2020
Dec 31, 2020
Revenue
2,365
+16.9%
2,393
-8.7%
2,622
-10.2%
2,919
-44.2%
5,235
+41.5%
3,700
+33.8%
2,765
Cost of revenue
—
810
-19.2%
1,002
-17.8%
1,219
-36.9%
1,934
+49.2%
1,296
+59.1%
815
Gross profit
—
1,583
-2.2%
1,620
-4.7%
1,700
-48.5%
3,302
+37.4%
2,403
+23.3%
1,950
Research and development
198
+24.5%
196
-14.1%
228
-4.0%
238
-25.2%
318
+37.8%
231
+24.5%
185
Selling, general and administrative
1,190
+24.1%
1,147
-7.3%
1,237
-6.4%
1,322
-54.5%
2,907
+34.6%
2,160
+13.0%
1,911
Operating income
-133
-485.8%
-97
-239.7%
-29
+87.9%
-238
+49.9%
-475
-246.4%
-137
+74.5%
-538
Pretax income
-249
+34.2%
-82
+88.5%
-715
-281.9%
393
+125.8%
-1,526
-309.1%
730
+198.9%
244
Income tax
-73
-11.4%
35
+124.6%
-142
-244.5%
98
+129.6%
-331
-338.2%
139
+404.1%
-46
Net income
-329
-45.6%
-104
+80.7%
-540
-303.0%
266
+122.7%
-1,170
-295.8%
598
—
Basic EPS
-4.32
-55.7%
-1.30
+80.0%
-6.49
-311.4%
3.07
+122.7%
-13.55
-302.2%
6.70
+112.0%
3.16
Diluted EPS
-4.32
-55.7%
-1.30
+80.0%
-6.49
-318.5%
2.97
+121.9%
-13.55
-314.7%
6.31
+112.5%
2.97
Weighted average shares, basic
76
-6.5%
80
-3.7%
83
-0.5%
84
-3.2%
86
+0.1%
86
+1.0%
85
Weighted average shares, diluted
76
-6.5%
80
-3.7%
83
-3.9%
86
+0.1%
86
-6.0%
92
+1.0%
91
Other measures
Depreciation and amortization
35
-5.6%
38
-8.1%
41
-49.5%
81
-38.2%
131
+74.6%
75
+9.0%
69
EBITDA
-98
-237.6%
-60
-592.6%
12
+107.8%
-157
+54.4%
-344
-454.0%
-62
+86.8%
-469
Interest coverage
-1.27x
-0.81x
-0.21x
—
—
—
—
Margins
Gross margin
—
66.16%
61.77%
58.24%
63.06%
64.96%
70.53%
Operating margin
-5.62%
-4.07%
-1.09%
-8.14%
-9.07%
-3.70%
-19.45%
Pretax margin
-10.51%
-3.42%
-27.27%
13.46%
-29.15%
19.73%
8.83%
Profit margin
-13.93%
-4.35%
-20.59%
9.11%
-22.35%
16.15%
—
EBITDA margin
-4.15%
-2.50%
0.46%
-5.37%
-6.57%
-1.68%
-16.96%
Effective tax rate
—
—
—
24.98%
—
19.04%
-18.72%
How these figures are calculated

Annual columns are full-year amounts from the annual report (Form 10-K, 20-F, or 40-F). If a company restates a year, the latest filed number is shown. USD in millions, except per-share amounts and margins. Weighted average shares are in millions. Interest expense and finance costs are positive costs. A negative amount on a gain (loss) or income (expense) line is a loss or an expense. EBITDA is operating income plus depreciation and amortization. Interest coverage is operating income divided by interest expense. The first column is the trailing twelve months through the latest quarter. More on our methodology.

Company profile

Industry
Services-Computer Programming, Data Processing, Etc. (SIC 7370)
Listed as
PPLI (Nasdaq)
Fiscal year ends
December 31
Incorporated in
DE
Headquarters
New York, NY
SEC filer status
Large accelerated filer
SEC CIK
1800227
Former names
IAC Inc. (until Jun 2, 2026); IAC/InterActiveCorp (until Aug 9, 2022); IAC Holdings, Inc. (until Jul 1, 2020)

Other Services-Computer Programming, Data Processing, Etc. companies

Source: SEC EDGAR filings. This is company-reported data, not investment advice.