# People Incorporated (PPLI) · Edgar & Edgarette company card

> People Incorporated (PPLI) saw revenue fall 8.7% in FY2025 to $2.4 billion, operating margin -4.1% against a 2.9% median for computer programming, data processing, etc., equity 66.4% of assets. Every figure is from the company’s own annual report filed with the SEC.

SEC CIK 1800227 · fiscal year ended 2025-12-31 · 5 audited years read · [page](https://www.pops4.com/boards/company/PPLI) · [JSON](https://www.pops4.com/boards/company/PPLI.json)

## Figures, as filed in the 10-K

| Measure | Value |
|---|---|
| Revenue | $2.4B |
| Revenue growth, 1 year | -8.7% |
| Revenue growth per year | -10.3% |
| Operating margin | -4.1% (prior year -1.1%) |
| Net margin | -4.3% |
| Operating cash flow | — |
| Capital spending | $19M |
| Free cash flow | — |
| Cash | $960M |
| Long-term debt | $1.4B |
| Total assets | $7.1B |
| Total equity | $4.7B |
| Equity ÷ assets | 66.4% |
| Return on equity | -2.2% |
| Dividend per share | — |
| Dividend years rising | — |

## Readings, computed from those figures

- Altman Z: 2.59 (grey zone)
- Piotroski F: 4 of 9 (middling)
- Health Harbor boat: Rotting at the dock · four or more warning signs · filed restructuring or exit costs in the last 12 months; slow and jumpy: growing slower than its size class, with revenue that swings more; operating loss: a margin of -4.1% in FY2025; revenue is hard to predict: its 80% range is ±37%

## Edgarette's reading

Exposure: revenue $2.4B (FY2025), total debt $1.4B. Experience: revenue down 8.7% on the year, down 10.3% a year over 4 years; operating margin -4.1%, down from -1.1%. Soundness: equity 66.4% of assets, return on equity -2.2%. Credibility: four or more audited years, reasonable weight. Range: 80% of past cases like this landed between $1.3B and $2.9B next year (method v4.1: its own 4-year record of growth weighed at 50% against $1B–10B filers; across 2019–2025, 69.0% landed inside, 83.4% on the one year the method never saw). In a shock year the stress range is $1.0B to $3.9B. A statistical range, not company guidance. Against peers (40 filers, $50M+ revenue, services-computer programming, data processing, etc.): operating margin -4.1% against a 2.9% median; growth -8.7% against 5.7%.

Range logged 2026-09-29, receipt 15f410bbace4a00d, status open. A statistical range, not company guidance.

## Health Watch, last 12 months

- Item 2.05 Restructuring or exit costs: 1, latest 2026-04-28 ([filing](https://www.sec.gov/Archives/edgar/data/1800227/000110465926049837/0001104659-26-049837-index.htm))
- Item 5.02 Director or officer change: 3, latest 2026-08-03 ([filing](https://www.sec.gov/Archives/edgar/data/1800227/000162828026051836/0001628280-26-051836-index.htm))

## Recent filings

- 10-Q · filed 2026-11-02 · [filing](https://www.sec.gov/Archives/edgar/data/1800227/000162828026068882/0001628280-26-068882-index.htm)
- 8-K · filed 2026-11-02 · 2.02 Results of Operations and Financial Condition; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1800227/000162828026068875/0001628280-26-068875-index.htm)
- 8-K · filed 2026-10-28 · 8.01 Other Events; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1800227/000110465926119410/0001104659-26-119410-index.htm)
- 8-K · filed 2026-09-24 · 7.01 Regulation FD Disclosure; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1800227/000110465926110218/0001104659-26-110218-index.htm)
- 8-K · filed 2026-09-11 · 8.01 Other Events; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1800227/000162828026061531/0001628280-26-061531-index.htm)
- 10-Q · filed 2026-08-03 · [filing](https://www.sec.gov/Archives/edgar/data/1800227/000162828026051881/0001628280-26-051881-index.htm)

## Sources

- facts: https://data.sec.gov/api/xbrl/companyfacts/CIK0001800227.json
- filings: https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1800227

## Cite

POPS4, Edgar & Edgarette: People Incorporated (PPLI) company card, from the company's own SEC filings, accessed 2026-11-04, https://www.pops4.com/boards/company/PPLI. CC BY 4.0. For a figure, add the filing URL under filings or sources.

DOI https://doi.org/10.5281/zenodo.23672509 · catalog https://www.pops4.com/boards/catalog.json · Figures as filed with the SEC. Card text CC BY 4.0, POPS4.

Reporting, not investment advice. No price targets and no trading recommendations.

Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price.