Quick Answer
People Inc reported R&D Expense of $196.02 million for fiscal year 2025.
People Inc R&D Expense — Annual History
| Fiscal Year | R&D Expense | YoY Change |
|---|---|---|
| 2025 | $196.02M | -14.1% |
| 2024 | $228.33M | -4.0% |
| 2023 | $237.95M | -25.2% |
| 2022 | $318.03M | +37.8% |
| 2021 | $230.81M | +24.5% |
| 2020 | $185.34M | +39.7% |
| 2019 | $132.64M | -25.2% |
| 2018 | $177.30M | — |
Quarterly R&D Expense
| Quarter Ending | R&D Expense | YoY | QoQ |
|---|---|---|---|
| September 30, 2025 | $49.48M | -8.3% | -0.7% |
| June 30, 2025 | $49.83M | -6.7% | -0.8% |
| March 31, 2025 | $50.21M | -20.6% | -6.9% |
| September 30, 2024 | $53.95M | -32.3% | +1.1% |
| June 30, 2024 | $53.38M | -38.2% | -15.6% |
| March 31, 2024 | $63.24M | -25.4% | -20.7% |
| September 30, 2023 | $79.71M | +5.7% | -7.7% |
| June 30, 2023 | $86.40M | +1.8% | +1.9% |
- People Inc showed a decrease of -14.1% in R&D Expense compared to the prior fiscal year.
- Over the 2018–2025 period, People Inc’s r&d expense has grown by 10.6% (from $177.30 million to $196.02 million).
- The most recent figure is from People Inc’s fiscal year 2025 report (Form 10-K), filed with the SEC on February 20, 2026.
- All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.
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